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...
Erstwhile Companies Act 1956 had no specific definition of ‘Independent Director’. However by passing of time, Companies Act 2013 made a special recognization to Independent Director and has reposed faith as well as confidence for the better corporate governance. Status of Independent Directors in a Company – Non-executive Director Applicable section, Rule & Schedule to […]
Central Government, with the concurrence of the Chief Justices of the High Court of Uttarakhand, Nainital and High Court of Jammu and Kashmir, hereby designates the following Courts mentioned in column (2) of the Tables below as Special Courts, namely:-
The proceedings of the sixth meeting of the Board of Directors of ‘Tata Sons Limited’ held on Monday, 24th October, 2016 so far as it relates to removal and other actions taken against Mr. Cyrus Pallonji Mistry (11th Respondent) is declared illegal and is set aside.
Article explains What is sweat equity shares under Companies Act, 2013, Definition of Sweat Equity Shares, Conditions for issuance of sweat equity shares, Important Points while issuing Sweat Equity Shares, Disclosures to be made in board of directors report of the year in which sweat equity shares are issued and Provisions and procedures relating to […]
SECTION 186 OF COMPANIES ACT 2013 A Company can give Loan or provide Security/Guarantee to Any Person/Body corporate and acquire by way of subscription securities of any other body corporate (By Board Resolution) ⇓ (With Consent Of All Director Present + PFI Prior Approval *) UP TO 60% of its Paid up capital + Free […]
The Government of India has introduced the Taxation (Amendment) Ordinance 2019 on the 20th of September 2019. Several tax beneficiary amendments are introduce through this ordinance. Such as corporate tax rate cut for domestic companies @ 22% (Section 115BAA) and new tax rate of 15% Section 115BAB has introduce for manufacturing companies. Also, the MAT […]
CHARGE Under Companies Act,2013 and Companies (Registration of Charges) Rules, 2014. CONCEPT OF CHARGE: The Companies Act, 2013 defines a Charge as an interest or lien created on the assets or property of a Company or any of its undertaking as security and includes a mortgage U/s 2(16). Need: The financial institutions/banks do not lend their monies […]
Independent Director Amendments On October 22, the Ministry brought the notification on the appointment and qualification of independent directors. The amended rules Companies (Appointment and Qualification of Director) Fifth Amendment Rules, 2019, – Companies (Creation and Maintenance of databank of Independent Directors) Rules, 2019 and – Companies (Accounts) Amendment Rules, 2019 and will come into […]
A One Person Company (OPC) is the latest variety of business in India projected by the companies Act, 2013. A forward-thinking plan was launched that promotes the incorporation of micro-businesses and persons with entrepreneurial concepts and to provide uplift to entrepreneurs who have high potential to start their venture by allowing them to create one […]
In order to form Nidhi Company in India, you have to incorporate a Limited Company, under the Company Act 2013. A minimum of 3 directors and 7 shareholders are required to start a Nidhi Company incorporation process
