Company Law India: Read latest Company law news & updates, acts, circular, notifications & articles issued by MCA amendment in companies Act 2013. Article on Loans Company formation XBRL, Schedule VI IFRS.
Company Law : joint audit involves two or more audit firms working together to issue an audit opinion on the financial statements of an organiza...
Company Law : SC rules that NCLT cannot decide on public law matters under MMDR Act in IBC cases, reaffirming High Court jurisdiction under Arti...
Company Law : Pvt Ltd ROC Filing is a essential compliance requirement for non-public confined groups in India. Filing ROC returns on time facil...
Company Law : Learn the ISIN issuance process, required documents, and compliance steps for dematerializing securities under the Companies Act, ...
Company Law : Understand purpose, filing requirements, due dates and penalties of Form MSME-1 for companies with outstanding dues to MSME suppli...
Company Law : The government addresses SFIO cases, IBC amendments, CSR compliance, and ESG reporting norms for publicly traded companies....
Company Law : Understand MCA V3 user types, registration, and login. Learn how to update profiles and resolve common issues....
Company Law : Find the provisional list of audit firms of listed companies that haven't filed NFRA-2 forms for the reporting period 2023-24. Upd...
Company Law : The Companies Act 2013 mandates corporate governance, transparency, and CSR reporting. Key provisions include financial disclosure...
Company Law : Understand the compliance regime for private limited companies in India, including business closure timelines and government measu...
Company Law : When the corporate debtor failed to pay the outstanding power obligation, appellant subsequently cut off the electrical service. O...
Company Law : The plain reading of the above provisions of Section 60(5)(c) clearly indicates that the NCLT is empowered to adjudicate any quest...
Company Law : NCLAT Delhi quashes CIRP against Alcuris Healthcare, ruling profit-sharing disputes do not constitute operational debt under IBC. ...
Company Law : NCLAT dismisses appeals in Saturn Ventures case, upholding RP’s findings on asset ownership and rejecting fraudulent transaction...
Company Law : NCLAT Delhi held that Liquidator is jurisdictionally empowered to proceed with private sale of Corporate Debtor by adopting Swiss ...
Company Law : The appeal by Maptech Poly Products Pvt Ltd against a penalty for non-maintenance of its registered office was dismissed by the Re...
Company Law : Vishnupriya Hotels' appeal led to a penalty reduction for non-compliance with Section 149(3) of the Companies Act. The company pai...
Company Law : Vishnupriya Hotels appealed against CSR non-compliance penalties. The Regional Director reduced the fine after reviewing submissio...
Company Law : Konoria Plaschem faced penalties for failing to appoint an internal auditor from 2014-2020. The fine was reduced on appeal. Read t...
Company Law : Water & Sanitation (India) for Urban Poor failed to hold board meetings from 2011-2019, leading to penalties. The fine was later r...
Purpose of Form PAS-6 Reconciliation of Share Capital Audit Report on half yearly basis. Applicable rule: Rule 9A of The Companies (Prospectus and Allotment of Securities) Rules, 2014: MCA issues Circular dated September 10, 2018 amending the Companies (Prospectus and Allotment of Securities) Rules, 2014 by inserting Rule 9A: Issue of securities in dematerialised form […]
Companies Fresh Start Scheme, 2020 (CFSS, 2020) As Per the Provision of Companies Act, 2013, it is a Mandatory for all companies to do Annual Statutory Compliances By filing the Annual Return and Financial Statements. Apart From this Various other Statements, documents, returns etc. are also required to be filed within prescribed time Limits. Filing […]
(Human is a natural person, whereas company is a legal person) 1. What is a company? Company is nothing but simply a type of business organization to conduct business /trade/ commerce. Company has its origin from two Latin words (com) means together and (pany) means bread, that is to say “come together and earn bread”. […]
1. Section 56(1) For transfer of shares there shall be following conditions- a. Proper instrument of transfer of shares in physical form shall be in Form SH-4 i.e Share Transfer Deed. b. shall be duly stamped; c. Shall be dated and executed by or on behalf of the Transferor and the Transferee, d. Share Transfer […]
APPOINTMENT OF FOREIGN DIRECTOR IN THE BOARD OF DIRECTORS PANEL OF A COMPANY:- Any person, including a foreign director, must have a Digital Signature Certificate and a valid Director Identification Number. Further, their appointment and resignation has to be reported to the Registrar of Companies within 30 days of such event. Although provisions under FEMA […]
In India, thousands of Companies are incorporated every month under jurisdictions of various ROC’s. These Companies are incorporated for undertaking varied business activities under a single corporate umbrella and deliver value and profitability to its key stakeholders. The day-to-day changing dynamics of the law have created more stringent compliances for the corporates to mitigate any […]
We have seen many people stand un-aware of their shareholding in the Company due to several reasons and they find themselves helpless regarding the procedure to claim the same as filing of Form on IEPF website as it is little tricky from their point of view. Keeping in mind their point of view, we tried […]
Transfer and Transmission, these two words sound so similar. But there meaning as per Companies Act, 2013 is altogether different. In this write up, we will discuss in detail about Transfer and Transmission of Securities. Transfer of securities An intentional transfer of securities from one party to another party is known as transfer of securities […]
Director’s Fiduciary Duty: Understanding the Trust Issues between a Director and a Company In this article, we discuss the importance and relevance of fiduciary duties owed by a director to a company in great detail with the help of two case laws. The first case law is a landmark judgment given by the House Of […]
Order Under Section 132(4) of the Companies Act in respect of the Show Cause Notice issued to CA Shrenik Baid (Membership No 103884) Extract from the order D. PENALTY 199. As discussed in detail in the above paras, the charges framed against CA Shrenik Baid in the SCN have been held to have been proved. […]
