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 : Understand if Form SH-7 is required during the conversion of CCPS to equity shares under the Companies Act, 2013, based on the aut...
Company Law : Learn about Section 203 of the Companies Act, its applicability to private companies, key provisions, and exceptions for companies...
Company Law : Understand stamp duty rules on share transfers in demat form for private limited companies. Covers legal framework, rates, respons...
Company Law : Learn about share capital reduction under Section 66 of the Companies Act 2013, its process, financial impact, and implications fo...
Company Law : Learn about Class Action Suits under Section 245 of the Companies Act, 2013, protecting minority shareholders from oppression and ...
Company Law : The Government acknowledges MCA-21 glitches, highlights improvements, ensures data security, and implements new features for bette...
Company Law : The Indian government has reduced reporting forms for companies on unclaimed dividends and integrated fund transfers with Bharatko...
Company Law : MCA21 portal saw 80.26 lakh form filings between April 2024 and January 2025, showcasing improved security, user experience, and s...
Company Law : Summary of NFRA's audit quality inspection of Lodha & Co., highlighting key deficiencies in audit documentation, independence poli...
Company Law : NFRA's 2023 inspection of M/s BSR & Co. LLP highlighted improvements in audit practices, independence policies, and documentation ...
Company Law : NCLAT Delhi held that trusteeship deeds are generally signed between the trust on behalf of the lenders and the personal/ corporat...
Company Law : NCLAT Delhi held that CoC decision to liquidate the Corporate Debtor is acceptable as corporate debtor has no assets and thus CIRP...
Company Law : Delhi HC examines NFRA's jurisdiction in issuing show-cause notices to Engagement Quality Control Reviewers (EQCRs) under Section ...
Company Law : The view that NCLT had no jurisdiction to entertain Section 95 Application filed by the Financial Creditor and the Application oug...
Company Law : NCLAT Delhi held that as per expressed provisions of section 101(1) of the Insolvency and Bankruptcy Code, 2016 moratorium period ...
Company Law : Infracx Developers Pvt Ltd penalized for delayed INC-20A filing under Section 10A of the Companies Act, 2013. Total penalty: ₹43...
Company Law : Godrej Tyson Foods Ltd. penalized for failing to appoint a woman director under Section 149(1) of the Companies Act. Penalty inclu...
Company Law : NFRA imposes Rs. 5 lakh penalty and 5-year debarment on CA Neeraj Bansal for professional misconduct during Religare Finvest Ltd's...
Company Law : MCA penalizes Chandrabangshi Nidhi Ltd for violating Section 118(1) of the Companies Act, 2013, due to failure to maintain meeting...
Company Law : United Technologies faces penalties for non-appointment of company secretary under the Companies Act, with fines for company and d...
CLARIFICATION ON HOLDING ANNUAL GENERAL MEETING (AGM) THROUGH VIDEO CONFERENCING (VC) OR OTHER AUDIO VISUAL MEANS (OAVM) Ministry of Corporate Affairs has taken several measures to help the Companies. It has made some of the provisions of the law flexible to ensure the Compliance of law even in this Pandemic. Now the clarification given by […]
CARO 2020 is a contemporary layout for issuance of audit reports in case of statutory audits of companies under Companies Act, 2013. After debates with the National Financial Reporting Authority (NFRA), CARO 2020 has incorporated additional reporting requirements. National Financial Reporting Authority (NFRA) is an independent regulatory body for synchronizing the audit and accounting profession in India. The intent of CARO […]
List of mandatory compliance applicable on Private Limited Company: 1. Commencement of Business – INC 20A – Sec10 (A): For Companies Incorporated after 2nd Nov 2018, a declaration to be issued by the directors within 180 days of incorporation. This declaration needs to be filed along with proof of subscription money received by the company […]
Under Companies Act 2013, Section 185 explains provision related to Loan to directors. Section 185(1) No company shall, directly or indirectly, advance any loan, including any loan represented by a book debt to, or give any guarantee or provide any security in connection with any loan taken by Section 185(2) Section 185(2)– A company may […]
Table below contains Compliance Calendar for the Public Limited Companies for the financial year (FY) 2020-2021 (April 01, 2020- March 31, 2021) under under Companies Act, 2013 and explains when and which Company Law Form Needs to be submitted with ROC, Section of Companies Act, 2013 under which Company Law Form needs to be submitted, […]
We are aware of the destruction that the Coronavirus / COVID – 19 has caused to the global economy. Day to day lives of Humans around the globe has changed by 360 degrees. The pandemic challenges the Board of Directors to safely travel and to conduct meetings during these times. April – September are the […]
In wake of COVID-19 pandemic, Ministry of Corporate Affairs, Government of India, with a view to provide relief to Companies has introduced various relaxations for conducting Board Meetings. Same are listed below for your ready reference: 1. Relaxations provided vide general circular no. 11/ 2020 dated March 24, 2020 https://taxguru.in/company-law/covid-19-special-relief-measures-companies-llp.html i. The mandatory requirement of holding […]
Share transfer means transfer of ownership rights in shares from one person to another. Though the securities or other interest of any member in a public company shall be freely transferable, such transfer mandatorily involves the Compliance of Companies Act, 2013 and the Indian Stamp Act. The applicability of the Foreign Exchange Management Act, 1999 […]
The following are the provisions of the Companies Act, 2013 which are either not applicable to Private Limited Companies or certain provisions of the Companies Act are applicable to such companies with exceptions, modification and adaptions.
1. Form BEN-2: Form BEN-2 is the form where the beneficial owner who is required to declare a disclosure to the Registrar his interest in the shares of the company within thirty days of acquiring such beneficial interest in such a company. Section 90(4) of the Companies Act, 2013 mandates every company to file a declaration […]
