Company Law - Page 5

Companies (Registration of Charges) Second Amendment Rules, 2018

F.No. 01/10/2013, Part-I CL-V (18/12/2018)

MCA has introduced Revised eForm CHG-4 -Particulars for satisfaction of charge vide Companies (Registration of Charges) Second Amendment Rules, 2018. eForm CHG-4 is required to be filed pursuant to Section 82(1) of the Companies Act, 2013 and Rule 8(1) of Companies (Registration of Charges) Rules, 2014. Government of India MINISTRY OF COR...

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Draft amendment to rule 8 of Companies (Incorporation) Rules, 2014 – Name Availability

Names which resemble too nearly with the name of an existing company. (1) A name applied for shall be deemed to resemble too nearly with the name of an existing company, if, and only if, after comparing the name applied for with the name of an existing company by disregarding the matters set out in sub-rule (2), the names are same....

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Posted Under: Company Law |

Delegation of powers to RDs U/s. 2(41) & 14(1) of Companies Act, 2013

Notification No. S.O. 6225 (E) (18/12/2018)

Central Government hereby delegates to the Regional Directors at Mumbai, Kolkata, Chennai, New Delhi, Ahmedabad, Hyderabad and Shillong, the powers and functions vested in it under the first proviso to clause (41) of section 2 and second proviso to sub-section (1) of section 14 of the said Act...

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All aspects of Nidhi Company

In Companies Act, 2013, there are various restrictions on directors and shareholders to accept and give away the money to the Company. Thereby, the Ministry of Corporate Affairs came up with the concept of Nidhi Companies whereby unlike Non Banking Financial Company (NBFCs), these Companies does not require registration certificate by Res...

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Posted Under: Company Law |

Accounts of Companies as per Companies Act, 2013 (Major Highlights)

Birds eye view of various provisions under Companies Act, 2013 with respect to Accounts of Companies- Provisions related to Accounts to be kept at Registered office of the Company, Accounts which needs to be kept for 8 financial years, True and fair/Accounting standard/Schedule III, Consolidated financial statement, Re-opening of accounts...

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Posted Under: Company Law |

Voluntary Adoption of E-voting by Companies

Companies which are not mandated to opt for e-voting yet decide to adopt e-voting voluntarily shall follow the same procedure as specified under Section 108 of Companies Act, 2013 read with Rule 20 of Companies (Management and Administration) Rules, 2014 vide MCA vide General Circular No.20/2014...

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Posted Under: Company Law |

Draft Notice of First AGM & Director’s Report for Private Companies (Other than Small Company & OPC)

Draft Notice of First Annual General Meeting & Director’s Report - As per Provisions of Companies Act, 2013 - (For the Private Companies (Other than Small Companies & OPC)...

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Posted Under: Company Law |

Form NFRA-1 – Extension of the last date of filing

General Circular No. 12/2018 (13/12/2018)

Time limit for filing Form NFRA-1 will be 30 days from the date of deployment of this form on the website of Ministry/National Financial Reporting Authority (NFRA) for all bodies corporate governed by the said rule (excluding companies as defined under sub-section (20) of section 2 of the Companies Act, 2013, which are not required to fil...

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Companies with Zero Fees

Government has announced the incorporation of companies with zero fees and with simple procedures. Five procedures for starting a business are now integrated and can be done simultaneously. The ease of doing business policy of the government is in the form of these simple steps to form a company. RUN ( Reserve Unique Name) Reserving [&hel...

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Posted Under: Company Law |

Understanding The Applicability of NFRA Rules

Summary: National Financial Reporting Authority Rules, 2018 (NFRA Rules) notified by the MCA vide its Notification dated 13th November 2018, w.e.f 13th November 2018. The NFRA rules deal with the jurisdiction (scope), function, duties and powers of the NFRA. In this Article, we have covered applicability of the Rules and confusions among...

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Posted Under: Company Law |

Company Law News India

Corporate law also known as the company law is the study of how the directors, shareholders, creditors, employees and other participants in the community, consumers, and the environment work together with each other. Company law deals with organizations which are registered or incorporated under the Indian company law. The latest Companies Act is the Act which controls the incorporation of companies, responsibilities of companies, directors and laws relating to dissolution of any company. The newly constituted Companies Act 2013 is divided into twenty-nine chapters comprising 470 with 7 schedules. This Act replaced the previous Companies Act, 1956 on August 29th, 2013. The newly constituted Act came into action on September 12th, 2013 with number of changes.

At Taxguru, we provide all the latest news relating to company law in India. Our portal is designed for alerting you on all the latest developments in the company law. We provide all the key cases, help, and guidance on all facets of company law.

Get to know about all significant changes in the Indian corporate laws with our comprehensive and the latest company law news. Our panel of experts offers in-depth analysis and understanding of the corporate and allied laws. At Taxguru, we cover everything from regulations for LLPs to changes in the corporate governance, M&A and Takeover Code, SEBI reforms, exchange controls and commercial arbitration. Tune in to find out more about the corporate laws and all the key developments.

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