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 : The process of striking off a private limited company refers to the removal of a company’s name from the Register of Compani...
Company Law : Appointment of other officer such as CTO, COO, and CMO as Key Managerial Personnel (KMP) under Companies Act, 2013 – Key Con...
Company Law : Private Limited Companies in India ought to observe annual filing necessities to keep transparency and prison standing. This artic...
Company Law : Cost audit and cost records serve as essential tools for achieving these objectives, enabling companies to monitor, control, an...
Company Law : Understand CSR in India, its applicability, permitted activities, non-permitted contributions, penalties for non-compliance, and r...
Company Law : 86% of Independent Director positions in CPSEs remain vacant. Govt follows a structured process for appointments through ministrie...
Company Law : In 2024, 16,798 companies were struck off under Section 248(2). No definition for shell companies exists under Companies Act, 2013...
Company Law : The Central Registration Centre processed 98,098 e-forms in 2025. Meerut saw 3,340 company registrations since 2016. Learn more ab...
Company Law : MCA21 portal sees 84 lakh filings in 2024-25; SMEs report technical issues. Govt enhances server capacity, grievance redressal, an...
Company Law : Government's approach to addressing corporate misconduct, strengthening investor protection, and promoting financial literacy th...
Company Law : NCLAT Delhi held that beneficiary under the personal guarantee is fully entitled to initiate Personal Insolvency Resolution Proces...
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 : 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...
Interpretation of Statutes plays a very important role in understanding the true meaning of law and applies it in ascertaining the correct view of what the law is saying. There are many rules describing the interpretation of statutes, say, Rule of Literal Interpretation, Rule of Logical Interpretation, Rule of Ejusdem Generis, Noscitur a Sociis, etc. […]
Scheme for Relaxation of Time Period for Filling Forms Related to Creation or Modification of Charges Under Companies Act, 2013 Relevant Circular: MCA Circular dated 17.06.2020 Relevant Sections: Section 77 and Section 78 of the Companies Act, 2013. Reason of the Circular 1. As per section 77 of the Companies Act, 2013, the companies are […]
In pursuance of the Government of India’s efforts to provide relief to law abiding companies and in the wake of COVID 19, the Ministry of Corporate Affairs, has introduced the Scheme for relaxation of time for filing forms related to creation or modification of charges under the Companies Act, 2o13” vide General Circular no. 23/2020 […]
The companies are required to file forms related to creation or modification of charges within the timelines provided in section 77 of the Companies Act, 2013 (Act), i.e. a total of 120 days of the creation or modification of charge.
Compliance Calendar F.Y. 2019-2020 under Companies Act, 2013 after considering changes due to COVID-19 S. NO FORM NO. NATURE OF FILING COMPLIANCE TIMELINES 1. MBP-1 Mandatory Disclosure of Interest by Director First Board Meeting of the FY (Gap of 120 days between two meetings. *due to COVID-19, 120+60=180 Days) 2. DIR-8 Mandatory Disqualification of Director First […]
I. What is conversion? Theoretically, conversion is a method of changing from one type of the Company/entity to another which involves certain procedures, approvals and intimation as per the requirement of the Companies Act, 2013 (“the Act”) and rules made thereunder. II. Following are a few common conversion which we come across: 1. Conversion from […]
Introduction : Under the provision of companies Act, 1956, there were no restrictions on the board of directors of private companies regarding borrowings for the purpose of business of the company. However, Board of directors of Public companies were required to seek approval of shareholders by way of ordinary resolution in case of fresh loans […]
Background: Section 2(16) of the Companies Act, 2013 defines charges also as to mean an interest or lien created on the property or assets of a company or any of its undertakings or both as security and includes a mortgage. Types of Charges: 1. Fixed or specific Charge: it’s a charge on the assets which […]
> Director’s / Board Report As a move towards greater corporate transparency, a Directors/Board’ report is a financial document that is required to file at end of the financial year by the Companies. Section 134 of the Companies Act, 2013 has laid down provisions related to Financial statement, Board’s report, etc. I. Contents of Board […]
Section 460 have the overriding effect on any other section of the Companies Act, 2013, So as per Section 460, notwithstanding anything contained in companies Act, 1. where any application required to be made to the central Government under any provision of this Act in respect of any matter is not made within the time specified therein, that Government may, for reason to be recorded in writing condone the delay
