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 : Delhi HC held interrogatories are maintainable in oppression and mismanagement proceedings and set aside the CLB order rejecting t...
Company Law : NCLT Mumbai approved a Section 234 cross-border merger with a UAE subsidiary, preserving Income Tax, GST and FEMA compliance oblig...
Company Law : NCLT Mumbai approved amalgamation of three wholly owned subsidiaries with the parent company, preserving tax authorities' powers a...
Company Law : NCLT Mumbai approved amalgamation of two wholly owned subsidiaries with the parent company while preserving Income Tax and GST aut...
Company Law : NCLT Delhi admitted a Section 7 IBC petition after transfer of winding-up proceedings, holding CIRP maintainable since no irrevers...
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...
CHANGING THE NAME OF THE COMPANY A business name change is the process of developing a new name for a business and legally registering the business under the new name. While there is a technical difference between a business name and a brand name, for the purposes of this article we are using the terms […]
Applicability of CARO, 2020: (For F.Y 2020-21 and F.Y. 2021-22) The CARO applies to all the companies except the following companies:- ♦ One person Company ♦ Small Companies* ♦ Banking Companies ♦ Companies registered for charitable purposes ♦ Insurance companies ♦ The following private companies having : > Gross receipts or revenue < 10 Cr. […]
1. Amendment for use of Accounting Software having Audit Trail (i) Now all companies are “mandatory” required to use accounting software having audit trail of each transaction besides the original transactions were rectified or deleted. This requirement is applicable from April 01, 2021. (ii) Applicability of this provision is deferred for 1 year, hence it […]
कंपनी मंत्रालय के नोटिफिकेशन क्र. 205(ई) एवं 247(ई) दिनांक 24/03/2021 एवं 01/04/2021 क्रमशः द्वारा 01/04/2022 से हर कंपनी के लिए जरूरी कर दिया गया कि अब अपने एकाउंटिंग साफ्टवेयर में आडिट ट्रेल का फीचर रखना होगा. इसका मतलब यह है कि: 1. प्रायः हर कंपनी अपना एकाउंट साफ्टवेयर में बनाती है. हर लेनदेन प्रतिदिन तारीखवार […]
The word ‘transmission’ means transfer of title by operation of law. It may be by succession Transmission of shares is a process by operation of law where under the Shares are registered in a Company in the name of deceased person or an insolvent person are registered in the name of his legal heirs by […]
The concept of Corporate Social Responsibility (referred as CSR) has become a dominant concept which is mandatorily followed by business vide Section 135 of The Companies’ Act, 2013. Thus, every entity is required to furnish its CSR report explaining such activities otherwise one may suffer from serious consequences of it with a charge of heavy penalty.
STRIKE OFF A COMPANY A Company goes for strike off when the management no longer wishes to carry on the business further. Strike off simply means removing of the name of the company from the Registrar of Company. Section 248 of The Companies Act 2013 states about the provisions of Strike off of company. BY […]
A Registered Office is the official address of an Incorporated Company, Association or any other legal entity duly registered with Ministry of Corporate Affairs at the time of incorporation. Generally it will form part of the public record and is required where the registered organization or legal entity is incorporated. A registered physical office address […]
(A) Applicable from 01st April, 2021 (For the financial year ending on 31st March, 2022) 1. Amendments for the preparation of Financial Statements (Schedule III) (i) ‘Disclosure’ for the shareholding of the promoters (ii) Trade ‘Payables’ in the following ageing :- (a) From 0 to 1 Year (b) From 1 to 2 Year […]
TYPES OF BUSINESS REGISTRATION -Sole Proprietorship Registration -Partnership Firm Registration -Limited Liability Partnership Firm -Company Registration COMPANY DEFINITION A company is essentially an artificial person—also known as corporate personhood—in that it is an entity separate from the individuals who own, manage, and support its operations. Companies are generally organized to earn a profit from business […]