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 ...
MCA notifies Producer Companies Rules, 2021 in supersession of the Producer Companies (General Reserve) Rules, 2003. new rules defines the term ‘co-operative society’ for the purpose of this rule. New rule specifies Rules for Change of place of registered office from one State to another of Producer Companies and Investment of general reserves of Producer […]
MCA notifies 11th February, 2021 as the date on which the provisions of section 52 and section 66 of Companies (Amendment) Act, 2020 will come into force. Section 52 of Companies (Amendment) Act, 2020 inserts CHAPTER XXIA in Companies Act, 2013 (after section 378) related to PRODUCER COMPANIES. Section 66 of Companies (Amendment) Act, 2020 […]
MCA notifies Companies (Share Capital and Debentures) Amendment Rules, 2021 to insert Rule 12A in Companies (Share Capital and Debentures) Rules, 2014. MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 11th February, 2021 G.S.R. 113(E)—In exercise of the powers conferred by sub clause (i) of clause (a) of sub-section (1) of section 62, read with […]
Brief: The following article explains the Power of the Registrar to remove the name of the Company from the register of companies. > APPLICABLE SECTION: – Section 248 of the Companies Act, 2013 – Companies (Removal of Names of Companies from the Register of Companies) Rules, 2016 *These sections are applicable to Private and Public […]
Ministry of Corporate Affairs Incorporation of Companies in current fiscal increased 21% as compared to corresponding period in previous fiscal Posted On: 09 FEB 2021 5:56 PM by PIB Delhi The number of companies incorporated from April, 2020 till December, 2020 (COVID 19 period) in the Financial Year 2020-21 (till 31-12-2020) compared to corresponding period […]
MCA has taken various measures to address the COVID-19 pandemic by making amendments in the Companies Act, 2013, Rules made thereunder and by issuing various circulars from time to time. The details of such measures taken by the Ministry are attached as Annexure.
As per records available with the Ministry of Corporate Affairs (MCA), 4,73,131 number of Indian Companies and 1,065 number of Foreign Companies have been benefited by availing the Companies Fresh Start Scheme (CFSS), 2020 for filing their pending documents.
The Central Government vide Gazette notification dated January 22, 2021 has introduced Companies (Corporate Social Responsibility Policy) Amendment Rules, 2021. Corporate Social Responsibility (CSR) means the activities undertaken by a Company in pursuance of its statutory obligation laid down in section 135 of the Act in accordance with the provisions contained in these rules, but shall […]
Definition of Unlisted Public Company- Section 2(71) “public company” means a company which— (a) is not a private company *****14[and]; (b) has a minimum paid-up share capital as may be prescribed (No minimum paid up capital Requirement) (c) The securities of Company is not listed in any stock exchange. Provided that a company which is a subsidiary […]
MCA has raised the threshold of default under section 4 of Insolvency and Bankruptcy Code (IBC) to Rs. 1 crore from the existing threshold of Rs. 1 lakh vide notification dated 24.03.2020.
