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...
DUE DATE CALENDAR OF COMPANIES ACT, 2013 FOR THE MONTH AUGUST 2021 S. NO. FORM PURPOSE OF FORM Periodicity LAST DATE TO FILE REMARK EXTENDED DUE DATE 1. MSME-1 Form for furnishing half yearly return with the registrar in respect of outstanding payments to micro or small enterprises Half yearly (Oct – Mar) 30-April-2021 Applicable […]
In this editorial, Author shall discuss about dilemma that whether an Individual can apply for DIN before Incorporation of Company, in other words. If Someone wants to have DIN, but such person doesn’t have any relation with any Company and don’t want to incorporate Company right now. Whether such person can apply for DIN? If […]
In this editorial author discussing about Provisions of loan from shareholders by Private Limited Company, Process of acceptance of loan from shareholder, Treatment of such loan in DPT-3, Balance Sheet etc. There are many ambiguities in the corporate and professionals about treatment of Loan from shareholder, whether considered as deposit or not? Section/ Rules Involved: […]
In this editorial, Author shall discuss about concept of deposit in relation to most common question between professionals i.e. ‘If a Company accepted loan from an Individual and such individual is Director as well as shareholder of the Company. Whether loan from such person shall be considered as Loan from Shareholder of Loan from Director? […]
In this editorial, Author shall discuss about concept of Beneficial Interest, meaning of beneficial owner, registered owner, compliances in case of beneficial interest etc. A. REGISTERED OWNER: He is a person, whose name shall be enter into register of members but who does not hold the beneficial interest in such shares, legal interest vested with […]
In this editorial, Author shall discuss about ‘Management Services’ which are not allowed to be provided by Statutory Auditors. A. Restricted Services by Auditor: An auditor appointed under this Act shall not provide the following services directly or indirectly to the company or its holding company or subsidiary company: – √ accounting and book-keeping services; √ […]
MCA has issued two notification on 22nd July, 2021, Commencement of Section 4 of Companies (Amendment) Act, 2021 and Companies (Incorporation) Fifth Amendment Rules, 2021. As per notification, both the notifications came into effect from 1st September 2021. A. ANALYSIS OF NOTIFICATION – ONE: (Amendment in Section 16) By this notification, the Central Government has […]
In this editorial, Author shall discuss about concept of Signing of Financial Statement of Company (OPC, Small, Private, Public, Listed etc). Further, author shall try to answer the following questions: 1. How Many directors must sign the financial statement? 2. Whether, Chairman of Meeting solely sign the Financial Statement? 3. Can an independent Director sign […]
The Companies Act, 2013 introduced a new concept of ‘small company’. Its simply a Private Company but with less capital and turnover size. This move of the Government has played a significant role in establishing indefinite companies in India benefiting them in terms of compliance requirements. The Hon’ble Finance Minister Mrs. Nirmala Sitharaman had presented […]
Directors’ KYC is a new approach initiated by the Ministry of Corporate Affairs (MCA) in the year 2018 to check the existence of Directors of Company/s. This Form updates the KYC of the Directors. This Form needs to be filed every year by the Directors who have been allotted DIN by the MCA before 30th […]
