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 the legal framework governing share capital and share issuance under the Companies Act, 2013. It highlights h...
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 : 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 ...
In this article, we discuss the importance and relevance of minute legal aspects of conducting valid company board meeting. For this, the landmark case of Dr. T.M. Paul v. City Hospital Pvt. Ltd, 1998 has been used. This case highlights how minute irregularities can lead to major legal consequences and ultimately lead to invalidity of meetings.
Holding of AGM Through VC by A Private Limited Company Given the difficulties faced by the stakeholders on account of the threat posed by COVID-19, the Ministry of Corporate Affairs (MCA) have issued a circular (No.20/2020) on 5th May 2020 for allowing the conduct of Annual General meeting through video conferencing (VC) or other audiovisual means (OAVM). The Companies […]
The Ministry of Corporate Affairs introduced several schemes {Companies Fresh Start Scheme, 2020 (CFSS) General Circular No. 30/2020, LLP settlement Scheme 2020 General Circular No. 31/2020, Scheme for relaxation of time for filing forms related to creation or modification of charges under the Companies Act, 2013 General Circular No. 33/2020 and Clarification on holding of […]
Once you had decided to start your own business, you need three things, Well worth Business Idea, Capital, and a Company. So if you had already chosen the best business Idea, not its time to decide on the Type of Company for your business. 1. Proprietorship Registration: This is the oldest and traditional form of […]
HC Setting aside the disqualification of director and reactivating the director identification number (DIN) and digital signature certificate (DSC) The Hon’ble HC of Delhi in the case of Sandeep Agarwal & Anr. Vs. Union of India & Anr set aside the disqualification of the Directors and ordered for reactivation of their respective Director Identification Number […]
It is stated that company can file Form DPT-3 till 31st December, 2020 without any additional fee, however, it has to be filed a FORM CFSS-2020 after closure of scheme.
Companies (Amendment) Act, 2020 received the assent of the President on the 28th September, 2020. MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 28th September, 2020/Asvina 6, 1942 (Saka) The following Act of Parliament received the assent of the President on the 28th September, 2020 and is hereby published for general information:— THE […]
MCA vide notification No. G.S.R. 590(E) dated 28th September, 2020 allowed following matters to be dealt with in any meeting held through video conferencing or other audio visual means for the period from 19th March 2020 and ending on 31st December, 2020 Provided that where there is quorum presence in a meeting through physical presence […]
MCA extends time for Compliances required by Every individual who has been appointed as an independent director in a company, on the date of commencement of the Companies (Appointment and Qualification of Directors) Fifth Amendment Rules, 2019 (I.e. 1st December 2019) , shall within a period of 13 Months from such commencement (i.e. upto 31st […]
Time for conducting EGMs through Video Conference (VC) or Other Audio Visual Means (OAVM) also stand extended till 31.12.2020. In continuation of the extensions being given for compliance relaxations previously announced, MCA has extended the time period upto which companies can conduct their board meetings through VCs or Other Audio Visual Mechanism for all items […]
