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...
Article discuss Amendment In Provisions related to Independent Director under companies Act, 2013 amended vide recent MCA Notification dated: 19th August, 2021 by which it notified Companies (Appointment and Qualification of Directors) Amendment Rules, 2021. These Rules came into effect from 20th August 2021. Provisions before Amendment: {Rule 6(4)} I. Compliances required by a person […]
As per recent Notification on 19th August, 2021 MCA has issued: Companies (Appointment and Qualification of Directors) Amendment Rules, 2021. These Rules came into effect from 20th August 2021. Extract of Amendment: Amendment 1: in the first proviso, for clause (B), the following clause shall be substituted, namely: — “(B) in the pay scale of […]
Annual General Meeting (AGM) is an important annual event where Shareholders get an opportunity to deliberate about the activities of the company. An AGM is the only meeting in which Shareholders can interact with the Management or Board of Directors of their Company. It provides members with an opportunity to collectively discuss the affairs of […]
The concept of Annual General Meeting (AGM) has been defined under Section 96 of the Companies Act, 2013. It can be considered as an annual gathering of Directors and Shareholders / members of the Company to discuss the future of the Company and also company’s overall performance is analyzed. Provisions of Section 96 of Companies […]
SMALL COMPANY The Hon’ble Finance Minister Mrs. Nirmala Sitharaman had presented the Union Budget 2021 on 1st February, 2021. The Hon’ble Finance Minister Mrs. Nirmala Sitharaman had proposed to revise the definition of small companies by enhancing the paid-up capital base from the existing limit of Rs. 50 lakh to Rs. 2 crores. The move is likely […]
Key points of provisions of Section 135 of Companies Act, 2013 [(Corporate Social Responsibility (CSR)] 1. Provisions of this section is applicable to all companies having turnover of Rs. 1000 crore or more or Net profit of Rs. 5 crore or more or Net worth of Rs. 500 crore or more in immediately preceding financial […]
Incorporation of Foreign Subsidiary in India Whenever a person wants to incorporate a foreign subsidiary or wholly owned subsidiary in India, there would be few questions that would come in our mind. In this article, I would like to clear such doubts in best possible manner. Step by step involved in Foreign Subsidiary Company Incorporation […]
Concept Article focus on Private Placement under Section 42 of the Companies Act, 2013 shall be made only to a select group of persons. Whose number shall not exceed fifty or such higher number as may be prescribed excluding the qualified institutional buyers and employees of the company being offered securities under a scheme of […]
What is Sweat Equity? Sweat Equity Shares means equity shares issued by a company to its director or employee at discount or for consideration other than cash, for providing know-how or making available like intellectual property rights or value addition. Who is Eligible? Permanent employee of the Company; Permanent employee of the subsidiary or a holding company […]
Ministry of Corporate Affairs has introduced the Rule 9A ‘Extension of Reservation of Name in certain cases‘ on 24th December, 2020 vide Companies (Incorporation) Third Amendment Rules, 2020. This Rule provides the extension in the time limit for reservation of name approved by Central Registration Centre (CRC). Before discussing about Rule 9A, let’s discuss the […]
