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 : Explains the SEBI LODR framework for Senior Management Personnel, covering appointment, disclosures, governance obligations, PIT c...
Company Law : Explains Directors’ Report requirements under the Companies Act, 2013, including AOC-1, AOC-2, CSR disclosures, applicability, s...
Company Law : Article reviews Indian and UK court rulings stressing verification of AI-generated legal research and rejecting reliance on fake j...
Company Law : Learn which companies must file MGT-7 or MGT-7A, when MGT-8 certification is mandatory, and how the Companies (Management and Admi...
Company Law : The Companies Act, 2013 requires most companies to hold four Board Meetings annually, while OPCs, Small Companies, and Dormant Com...
Company Law : MCA has cautioned stakeholders against phishing calls, WhatsApp messages, emails, fake websites, and ZIP attachments impersonating...
Company Law : ICSI has urged PESB to recognize Company Secretaries as eligible for Board-level and Functional Director positions in CPSEs. The r...
Company Law : ICSI has urged the Government to amend the law to allow Company Secretaries in Practice to appear before DRTs and DRATs. It argues...
Company Law : ICSI has urged the MCA to ensure eligible companies comply with Section 203 by appointing Whole-time Company Secretaries. The repr...
Company Law : ICSI has requested the MCA to grant compliance relaxations following technical disruptions caused by the Data Centre fire. The pro...
Company Law : NCLAT Chennai upheld Section 95 proceedings, holding the loan agreement and admitted guarantor status sufficiently established the...
Company Law : Kerala HC restored a Section 452 Companies Act complaint, holding the 2020 amendment did not remove criminal court jurisdiction or...
Company Law : NCLT admitted the Section 7 IBC petition for Project Raheja Revanta after finding financial debt and default, confining CIRP to th...
Company Law : NCLT Kochi held that a Board cannot reject a valid Section 100 EGM requisition and ordered an independently supervised meeting und...
Company Law : NCLT Mumbai partly allowed an oppression petition, directing rectification of the share register and compensation for financial mi...
Company Law : MCA extends the Companies Compliance Facilitation Scheme, 2026 up to 31 August 2026 due to data center restoration following the...
Company Law : MCA has allowed companies to file Form DPT-3 for FY 2025-26 without additional fees until 31 July 2026 due to disruptions caused b...
Company Law : MCA notifies the New Development Bank under Section 2(11)(ii) of the Companies Act, 2013, specifying it as a body corporate for th...
Company Law : ROC Mumbai penalized a director after Form AOC-4 contained an incorrect AGM due date. The order emphasizes that directors are resp...
Company Law : ROC Mumbai imposed a penalty after finding that an individual held two Director Identification Numbers in violation of Section 155...
MCA Notification No. G.S.R. 301(E) Dtd. 19th April, 2022 The MCA vide its notification dated 19th April, 2022 has introduced some important amendments to the existing Nidhi Rules, 2014 by notifying Nidhi (Amendment) Rules, 2022 which shall come into force on the date of its publication in the Official Gazette i.e., 19th April, 2022. Sr. No. […]
SECTION 160 OF THE COMPANIES ACT, 2013 Chapter-XI Appointment and Qualifications of Directors Right of Persons Other than Retiring Directors to Stand for Directorship This section deals with the rights of person other than retiring director under Section 152 of the Companies Act, 2013 (1) A person who is not a retiring director in terms […]
The Ministry of Corporate Affairs vide Notification G.S.R. 207(E) dt. 24th March 2021 has amended Schedule III to the Companies Act, 2013 which shall be effective from the 1st day of April 2021. With this notification, various additional disclosures are being incorporated which are to reported while preparing the financial statements of an entity. Schedule III […]
During the Financial Year 2021-22, Ministry of Corporate Affairs (MCA) registered more than 1.67 Lakh company incorporations as compared to 1.55 Lakh companies during FY 2020-21. The increase is significant considering that number of companies incorporated during Financial Year 2020-21 were the highest in any of the previous years. The incorporations during FY 2021-22 are […]
USER AND REGISTRATION Q. 1. I am new user of MCA system. How can I register? Ans. New User refers to a person who does not have an existing User Account on MCA system in any version of MCA 21 (either V-1 or V-2). Thus, a ‘New User’ is the one who will be doing […]
Under the Indian GAAP, assets and liabilities were required to be recorded at their book values. However, under Indian Accounting Standards (Ind AS), certain assets and liabilities are required to be recorded at a fair value on each reporting date. This has opened up new opportunities for valuers in India. However, it is imperative for […]
On and after commencement of Nidhi (Amendment) Rules, 2022, public company desirous to be declared as a Nidhi shall apply, in Form NDH-4, within a period of one hundred twenty days of its incorporation for declaration as Nidhi
In this article, the author shall confer about the Charges and its related provisions as given under the Companies Act, 2013. A CHARGE is stated in Section 2(16) of the Companies Act, 2013 which expresses that charge could be – an interest or lien; created on the property or assets of a corporation; and any […]
‘Think & Learn Private Limited (BYJU’S) acquisition of 70% of equity shareholding on a diluted basis of Aakash educational services Limited (AESL), followed by a merger between the two enterprises. Therefore, BYJU’s to acquire full control over AESL’.[1] Year of the deal: 2021 Master Data of the companies[2] THINK & LEARN PRIVATE LIMITED (the acquirer […]
Mukul Agarwal Vs Royale Resinex Pvt. Ltd. (NCLAT Delhi) Facts- The Operational Creditor supplied poly propylene to the Corporate Debtor as per the demand raised by the Corporate Debtor. Invoices were raised in the name of the Corporate Debtor. The Operational Creditor filed a Civil Suit No.149 of 2015 against the Corporate Debtor for recovery […]
