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 : The article explains how Section 118 mandates the preparation and preservation of meeting minutes to ensure transparency and accou...
Company Law : Discover why LLPs convert into Private Limited Companies to attract investors, introduce ESOPs, and access Startup India benefits....
Company Law : The article explains how converting an LLP into a Private Limited Company can enhance credibility, improve governance, and unlock ...
Company Law : The FAQ clarifies that the Companies Act, 2013 does not restrict adjournment of a duly convened and commenced AGM. An adjourned AG...
Company Law : This FAQ examines the statutory authorities empowered to convene an Extraordinary General Meeting under the Companies Act, 2013. I...
Company Law : The MCA has widened CSR eligibility by recognizing subscriptions to Zero Coupon Zero Principal Instruments as a valid CSR activity...
Company Law : Provisional list of audit firms of listed companies yet to file NFRA-2 for 2023-24. Filing deadline was 30.11.2025; fines apply fo...
Company Law : ICSI recommended restoring public access to basic company master data without mandatory login requirements. The representation sta...
Company Law : The issue concerns eligibility and participation rules for the convocation. ICSI has clarified that members who do not attend will...
Company Law : NFRA introduced guidelines to evaluate audit firms’ compliance and quality control systems. The framework emphasizes governance,...
Company Law : The NCLAT held that unregistered profit-sharing agreements do not create leasehold or occupancy rights in immovable property. The ...
Company Law : While approving the resolution plan, NCLT clarified that exemptions relating to taxes, duties, and statutory compliances must be o...
Company Law : A Successful Resolution Applicant (SRA) could not avoid a CoC-approved resolution plan by claiming that the Letter of Intent (LoI)...
Company Law : NCLAT held that the order appointing the Resolution Professional under Section 97 was obtained on the basis of misrepresented a...
Company Law : NCLAT held that challenges to the approved resolution plan could not be reopened after earlier proceedings had attained finality. ...
Company Law : The MCA has amended the valuation rules to require Registered Valuer Organisations to maintain a minimum paid-up capital of ₹25 ...
Company Law : The Registrar of Companies penalized the company and its authorized signatory after an incorrect document was attached with Form A...
Company Law : MCA amends Schedule VII of the Companies Act to include subscription to zero coupon zero principal instruments on Social Stock Exc...
Company Law : MCA has amended the CSR Rules to recognize zero coupon zero principal instruments issued by Social Stock Exchange-listed NPOs. The...
Company Law : ROC Mumbai held that repeated return of official notices proved non-maintenance of a registered office under Section 12(1) of the ...
Article content ROC Compliance applicable on the Listed Companies, Unlisted public Companies and Private Companies according to the applicability of Section. Article Further define Section, Form, Purpose, whether e-form need to submit with ROC or not, Timeline, Applicability. MCA Circular no. 06/2021 dated 03.05.2021 was considerd at the time of preparing this Article. S. N. […]
Relaxation on Additional Fees being Levied under Companies Act, 2013 and LLP Act, 2008 Introduction: MCA has relaxed additional fees on certain forms under the Companies Act, 2013 and LLP Act, 2008 vide General Circular No. 06/2021 dated 03/05/2021. This comes in the wake of Current Pandemic Covid-19 situation in the country. Applicability: Every form […]
This case comes as a result of a ship crash arising in the high seas on the night of 2nd August 1926. The two crashing vessels were SS Lotus a French ship and Bouz-Kourt a Turkish Vessel. As a result of the crash the Turkish vessel broke into two causing the loss of 8 Turkish […]
Section 184 (1) of the Companies Act 2013 requires that every director to make disclosure of his interest or concern in any company or firm or body corporate or any association of individuals at the first Board meeting or when there is any change in the interest of Directors. The provisions are founded on the […]
Earlier before the introduction of Companies Act, 2013 valuation of shares including, assets, net worth of companies was conducted by the Chartered Accountants or as specified under other Acts like Foreign Exchange Management Act, 1999 and the regulations made thereunder or the Income Tax Act, 1961. The first attempt was made by introducing the Valuation […]
Introduction Today’s business trend as it is, companies these days readily establish a subsidiary or associate company, the purpose of which varies from commercial gains to supplementing sister concerns. Consequently, these group companies become so interrelated that it is very difficult to find out single thread from the wool to the extent that the assets […]
MCA Relaxation due to Covid Pandemic as on 03.05.2021: In respect of Number of Board meetings and Filing of certain forms 1. Section 173: Number of Board Meetings Before Relaxation– Every company shall hold a minimum number of four meetings of its Board of Directors every year; and gap between two consecutive board meetings shall […]
One person company is a recently introduced concept in India though it is already a successful and popular form of business in UK, USA, China, Singapore, Turkey, UAE etc. In India, one person company is a strong improvement over sole proprietorship. As per section 2(62) of the Companies Act,2013, “One person company” means a company […]
Ministry of Corporate Affairs has issued 3 Circulars on May 03, 2021 to provide Relaxation due to CoVID from Compliance under Companies Act, 2013 in respect of ROC Form Filings and Holding of Board Meetings. Circular – 1: Maximum Gap Between Two Board Meetings MCA extended gap between two board meetings by 60 days for […]
Gap between two consecutive meetings of the Board may extend to 180 days during the Quarter – April to June 2021 and Quarter – July to September, 2021, Instead of 120 days as required in the Companies Act 2013. General Circular No. 08/2021 Dated 03-05-2021. The Ministry of Corporate Affairs vide its circular dated 03rd […]
