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...
GENERAL PROVISIONS ON BOARD MEETING: (i) Ensure that company must hold at least 4 meetings of its board of directors every year; (ii) Ensure that not more than 120 days lapsed between two consecutive meetings of the board; (iii) Ensure that a notice in writing must be given to every director at least seven days before the date of meeting; (iv) Ensure that if a meeting was called at a shorter notice then at least one independent director must present at that meeting; (v) Ensure that company must comply with applicable procedure, for convening and conducting meeting through video conferencing or other audio-visual means;
As we see now a days, so many companies are getting incorporated successfully with different objectives in the form of Public, Private or any other identity as per the provisions of Companies Act, 2013 & via Several other applicable laws. Eventually even after incorporation, a number of compliances has to be done by the Company […]
A subsidiary should be excluded from consolidation when: 1. control is intended to be temporary because the subsidiary is acquired and held exclusively with a view to its subsequent disposal in the near future; or 2. it operates under severe long-term restrictions which significantly impair its ability to transfer funds to the parent.
All About Small Company The concept of small companies in India is relatively new. It was introduced by the Companies Act 2013 to support better facilitation of small businesses. Small Company – A private company is classified into a small company based on its size, i.e., paid-up share capital and turnover. In other words,such companies may be called […]
If we are a shareholder in a company, would we want that company to do well? We would want a higher return on equity or would we like a bigger market capitalisation? Would we want all this at lesser risk, and as a bonus would we also like the company to face fewer governance issues?
Ministry of Corporate Affairs has further simplified claim settlement process through rationalization of various requirements under Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 with the mission and vision of Government of India of Ease of Living and Ease of Doing Business. Companies Act, 2013 and rules made thereunder, as […]
CORPORATE SOCIAL RESPONSIBILITY AMENDMENT UTILIZATION OF UNSPENT AMOUNT ON CSR ACTIVITIES (OTHER THAN ONGOING PROJECTS) [SECTION 135(5)] Reason for not spending the amount ⇓ Transfer such unspent amount ⇓ To a fund specified in Schedule VII ⇓ Within 6 months ⇓ Of the expiry of the financial Year UTILIZATION OF UNSPENT AMOUNT ON CSR ACTIVITIES […]
In this editorial author shall discuss the implication and effects of delay in payments to MSME vendor along with their reporting in Companies Act as well as MSME Act, 2006. A. Provisions of Companies Act, 2013 As per MCA Notification dated 22nd January, 2019, MCA has directed that all companies, who get supplies of goods […]
Many readers asked ‘details of transactions to be mention in e-form MSME-1′. As there are lot of confusions in this form since the inception. In this editorial author shall discuss about the transactions with example required to be mention in MSME-1 along with below mentioned questions: i. If a Company itself registered in MSME. Whether […]
As we are aware that, Ministry of Corporate Affairs has disqualified lakhs of Directors on 01st November 2016 due to non-compliance of Section 164(2) by such directors. As per Companies Act, 2013 once a director disqualified u/s 164(2) shall not be eligible to be re-appointed as a director of that company or appointed in other […]
