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 ...
Process for conducting of Board Meeting through video conferencing The Companies Fresh Start Scheme. 2020 {CFSS-2020}, operationalized vide General circular no. 12/2020 dated 30.03.2020 and extended vide General Circular Number 30/2020 dated 28.09.2020 is no longer applicable on various filings under Companies Act, 2013. Now, CFSS – 2020 has been extended till 31.03.2021 but the […]
Federation Of All India Vyapar Mandal requested FM that Companies Fresh Start Scheme, 2020 (CFSS- 2020) may be extended till 31st March 2021 as By that time every Company which is seeking relief will be able to take benefit of this scheme and will make their filing upto date once for all and LLP Settlement […]
Applicability of Limits under Companies Act, 2013 for Preparation of Cash Flow Statement, Certification of Annual Return by a Company Secretary in Practice (MGT-8), Voting by Electronic means, Maintenance of records in electronic form [Not mandatory], Mandatory requirement to comply with Indian Accounting Standards, Disclosure in Board’s Report for manner of formal annual evaluation of […]
1.) As per section 165(1), No person shall hold office as a director, including any alternate directorship, in more than 20 companies at the same time. Provided that maximum number of public companies in which a person can act as director shall not exceed 10. For reckoning the limit of directorships of twenty companies, the […]
MCA has emerged with a Scheme on March 30, 2020, for all type of companies to file their forms even after the due date without any additional fees till December 31, 2020. There existed a condition with the scheme that after the completion of the Scheme, the Companies shall file the e-form CFSS with the […]
As you all aware due to Covid 19 pandemic MCA was launched new scheme called Companies Fresh Start Scheme (CFSS). Under CFSS scheme, 2020 defaulting companies has got the chance to file all its pending forms without any additional fees. CFSS scheme is valid from 01/04/2020 to 30/09/2020 which further extended upto 31/12/2020. Last date of CFSS […]
Earlier, the word Audit was connected only with the finance. It revolves around checking company’s books of accounts, financial figures and reports but now the scope of word Audit has been widened after an enactment of Companies Act, 2013 which introduced the concept of ‘Secretarial Audit’. Secretarial Audit is a process to check compliance with […]
MCA has issued circular General Circular No. 02/2021 dated January 13, 2021 in respect of Extension of Holding of AGM through Video Conferencing. Many queries were received from professionals by me which includes 1. Whether AGM can be held even after December 31, 2020? 2. Whether this circular is only for the f.y. 2019-20 or […]
MCA has issued circular on Clarification on extension of CFSS vide General Circular No. 03/2021 dated January 15, 2021 in respect of clarification of extension of late filing of form. Many queries were received from professionals in in respect of this circular which includes- 1. Which companies are eligible to take benefits of extension vide […]
Ministry of Corporate Affairs has caused myriad amendments in the Companies Act, 2013 in the Month of December 2020. In this editorial, the author shall try to cover all such amendments along with the impact of the same on the Corporates. Amendment THROUGH NOTIFICATIONS 1. Notifications of the Companies Amendment Act, 2020: Most of the […]