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 the process and requirements for converting an unlisted public company into an LLP, including necessary filings and doc...
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 : 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...
There are certain provisions in the Companies Act, 2013 which every auditor is required to report with due and reasonable care considering the impact of such provisions over the Company’s Shareholder and Creditors and also looking after the consequences of its misreporting. In this regards the below stated provisions of the Companies Act, 2013 and its relevant Rules are always considered crucial at the time of reporting and these are:
Extra Ordinary General Meeting Matters requiring immediate consideration by members, which cannot be deferred till next Annual General Meeting, to meet such emergencies, the companies can provide for holding of emergency meetings of the members which are known as Extra Ordinary General Meeting. Regulation 42 of Table F provides that all general meetings, other than […]
Conversion of One Person Company to Private Company Q.1 Can OPC be converted into private limited company? A.1 OPC can be converted in to Private Limited after two years of setup, or even before that if its turnover is more than Rs 2 crore and paid share capital surpasses Rs 50 lakhs in a financial year, Q2. Can OPC be […]
Measures taken by MCA in the wake of COVID-19 As many as 100 countries are affected by COVID-19 as per World Health Organisation’s report as on March 8th, 2020. Sadly, India is also one of them. The whole nation is in total lockdown and practicing social distancing so as to fight this pandemic. Since the […]
Article contains brief discussion about Non-receipt of subscription money by the subscribers at inception stage of the company, time limit for issuing share certificate and bringing subscription money within time frame as per Companies Act 2013 and consequences for non-compliance.
There are many small enterprises who have formed an LLP (Limited Liability Partnership). It has been almost a decade that the LLP Act came into existence. Businesses started preferring LLP over partnership because of its benefits. However, there are many LLP who have not done their annual compliance. Delay in any form filing of LLP […]
The Companies (Amendment) Act, 2019 has already re-categorized several offences under the Act in the category of compoundable offences to an in-house adjudication framework. Now, these offenses are presently punishable with penalty, instead of being punishable with fine or imprisonment or with both.
The PM-CARES Fund has been set up to provide relief to those affected by any kind of emergency or distress situation. Accordingly, it is clarified that any contribution made to the PM CARES Fund shall qualify as CSR expenditure under the Companies Act 2013.
Below mentioned are the general FAQ’s regarding form INC-20A. (Commencement of Business Certificate) 1. Who is required to file form INC – 20A? Ans: As per Companies (Amendment) Ordinance, 2018, all the Companies registered in India and having a share capital is required to obtain commencement of business certificate before commencing any business or exercising […]
All you need to know about form car (company affirmation of readiness towards COVID- 19) As we as a whole know, the Novel Coronavirus (COVID-19) has influenced more than 110 nations, including India. Given the size and degree of its spread, The World health organization (WHO) has proclaimed it a Pandemic. Aside from human torment, it additionally causes major […]
