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 : Learn how director retirement by rotation works in public companies under Section 152(6) of the Companies Act, including rules, ex...
Company Law : Analysis of India's influencer marketing regulations, comparing them to global standards, highlighting enforcement gaps, and recom...
Company Law : Know who can be appointed as an auditor under Section 141 of the Companies Act 2013, including qualifications and disqualification...
Company Law : A detailed guide to converting a partnership firm into a private limited company under Section 366 of the Companies Act, 2013....
Company Law : Learn the legal process and key steps to convert an LLP into a private limited company under Section 366 of the Companies Act, 201...
Company Law : Government penalized companies for CSR non-compliance under the Companies Act. Details of penalties, CSR spending, and fund transf...
Company Law : NFRA's 2023 inspection of Deloitte Haskins & Sells LLP finds improvements but notes ongoing issues in key audit areas....
Company Law : NFRA highlights auditor responsibilities in related party transactions, emphasizing compliance with Ind AS 24, SEBI regulations, a...
Company Law : NFRA outlines audit strategy and planning requirements, emphasizing auditor communication with audit committees and compliance wit...
Company Law : NFRA's 2023 inspection of Walker Chandiok & Co. LLP reveals ongoing issues in independence and audit procedures....
Company Law : Adjudicating Authority admitted the application filed by Sri. Chandy John Samuel & Others against the Corporate Debtor u/s.7 of th...
Company Law : NCLAT Delhi held that failure of reconciliation of accounts qualifies as pre-existing dispute. Thus, order admitting application u...
Company Law : NCLT Delhi rules it lacks jurisdiction to direct ED to defreeze accounts frozen under PMLA, directing RP to seek remedies under PM...
Company Law : NCLAT Delhi allows the appeal of Essar Oil & Gas, setting aside the NCLT Ahmedabad order admitting Section 9 application filed by ...
Company Law : NCLAT Delhi held that beneficiary under the personal guarantee is fully entitled to initiate Personal Insolvency Resolution Proces...
Company Law : Caparo Maruti penalized for failing to appoint a woman director as per Section 149(1) of the Companies Act. Penalties imposed on c...
Company Law : ROC Ahmedabad penalises Divyam Infracon and its directors Rs. 4 lakh for failure to file e-Form ACTIVE as per Section 12 of Compan...
Company Law : MCA seeks comments on draft rules widening fast-track mergers scope under Section 233 of Companies Act, 2013. Suggestions due by M...
Company Law : Summary of the appeal by Aaryak Jewellery Pvt Ltd against penalties under Sections 42, 55, and 62 of Companies Act, 2013. Decision...
Company Law : The appeal by Maptech Poly Products Pvt Ltd against a penalty for non-maintenance of its registered office was dismissed by the Re...
Companies Act Depreciation Calculator from 2014 to 2074 and so on with all Future Year Depreciation As per Schedule II of the Companies Act, 2013, depreciation needs to be calculated based on useful life of assets as per either straight line method(SLM) or written down value(WDV) method. Further, in the notes to the accounts, it […]
Article explains Compliance Requirement related to E-Form INC-20A, Holding Board Meetings, Appointment of Auditor, Statutory Audit of Accounts, Statutory registers requirement, Filing of Annual Return (Form MGT-7), Filing of Financial Statements (E-Form Form AOC-4), Holding Annual General Meeting, Preparation of Directors’ Report, E-Form INC-22A Active compliance, DIR-3 KYC, E-Form DPT-3, E-Form BEN-2 and E-Form MSME. […]
C. Incorporation of Nidhi Company: A Person (or an Association of Persons), desirous of incorporating a Nidhi Company has to make an application for the purpose, with the Registrar within whose jurisdiction the registered office of the company is proposed to be situated, in e-Form No. INC-32 (SPICe). All the documents which are required to […]
Since the inception of the Companies Act, 2013, the Compliances of carrying out business through a Company in increasing day by day. Increase in compliances majorly hit those who do not perform substantial activities in the Company since they are required to pay both Government filing fees and Consultant’s fees in relation to maintaining the Company.
Points to remember Issue should be authorized by Articles of Association of the Company. Only fully paid securities to be issued and the following securities can be issue under preferential allotment. Issuance of Equity shares. Issuance of Fully or partly convertible debentures Issuance of any other securities convertible into equity shares. The preferential issue can […]
In a major decision, the Central Board of Trustees (CBT) EPF in a meeting held at Hyderabad on 21 August 2019, approved the proposal to recommend for amendment in Employees’ Pension Scheme(EPS) 1995 for restoration of commuted value of pension to the Pensioners after 15 years of drawing commutation which will benefit approx. 6.3 lakhs pensioners. This was a long pending demand of the pensioners.
MCA has issued a circular today clarifying the import of section 232(6) of the Companies Act, 2013, which deals with the requirement of indicating an appointed date in the scheme of mergers and amalgamations, which would also be the effective date of the merger/amalgamation coming into force.
AMENDMENT IN SECTION 135 OF COMPANIES ACT 2013 1. Applicability of Section 135:- As per section 135(1) of Companies Act, 2013, following Companies having, Net worth of Rs. 500 crore or more Turnover of Rs. 1000 crore or more Net profit of Rs. 5 crore or more Shall constitute Corporate Social Responsibility committee of the board […]
Ministry of Corporate Affairs has amended Companies (Share Capital & Debentures) Rules by removing Debenture Redemption Reserve requirement for Listed Companies, NCFCs and HFCs.
Amendments introduced in Companies Act, 2013 through Companies (Amendment) Act, 2019, along with their implications In a developing Country like INDIA, Laws and Legislatures plays a crucial role in maintaining the democracy. Since past few decades, the Indian Population has shifted its lenience from agricultural sector to Industrial and other variant sectors to achieve interpersonal […]
