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 held that procedural non-rectification of defects under Rule 28(4) should not deprive an Operational Creditor of adjudicatio...
Company Law : Calcutta HC held that Section 96 IBC does not bar or require dismissal of a civil suit filed before Section 95 proceedings and rem...
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 : 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...
NFRA is an independent regulator to oversee the auditing profession and accounting standards in India under the Companies Act, 2013. Section 132 of Companies Act, 2013 which deals with provisions relating to NFRA. It came into existence in October 2018 and having its offices at New Delhi. The present chairperson of it is Mr. Ashok […]
Arbitration as a mechanism of resolving disputes is now widespread in contracts all across the world. It is owing to the courts being infamous for taking too much time to resolve a dispute due to their overworked systems.
Thaniyulla Parambath Jahafar Vs Relax Zone Tourism Private Limited (NCLT Kochi) One of the crucial rights which Companies Act, 2013 gives to the shareholders is the right to remove the Directors of the Company, if they are not acting in consonance with the Articles of Association of the Company, but only utilizing their powers for […]
Devas Multimedia Private Ltd. Vs Antrix Corporation Ltd. (Supreme Court of India) Facts- The company, Devas Multimedia Pvt. Ltd., in liquidation has challenged an order of winding up passed by the National Company Law Tribunal under section 271(c) of Companies Act, 2013. The order was confirmed by the National Company Law Appellate Tribunal. It is contended […]
Condonation was a term used in common law as a forgiveness by the husband of his wife, or by wife of her husband, of adultery committed, with an implied condition that the injury shall not be repeated and that the other party shall be treated with conjugal kindness. The same way Companies Act governs the […]
An individual forming the One Person Company (OPC) can be a resident of India or a non-resident. OPC is incorporated in a form of a company but have the benefits of a sole proprietorship. It has very less compliances, legal status, easy ways to get funds, easy incorporation, perpetual succession and many other benefits.
Name Application for a Company could be made through SPICe+ Part A under New Application as well as through the Reserve Unique Name (RUN) Web Form. RUN web-form is a web service used for reserving a name for a new company or for changing its existing name. The web service helps you verify whether the […]
PRODUCER COMPANIES: ‘Producer Company’ means a body corporate having objects or activities specified in section 581B and registered as Producer Company under this Act; Now the matter is what are these objects or activities specified in Section 581B? 581B. OBJECTS OF PRODUCER COMPANY (1) The objects of the Producer Company shall relate to all or […]
The provision of Class Action Suit was inserted in the Companies Act, 2013 (hereinafter referred to as Act) on the recommendation of the JJ Irani Committee as there was no such provision under the erstwhile Companies Act i.e. Companies Act, 1956. Also, the Satyam Fiasco majorly opened the eyes of the law maker and posed […]
The present mode of virtual hearing and e-filing will continue as per the earlier notification dated 31.12.2021 and 09.01.2022. Now based on the suggestion given by the Members, Officers/staff of the Registry and Members of the legal fraternity Pan India the hearing of cases will be limited to urgent matters which require immediate orders.