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 ...
Appointment of Auditor in Casual Vacancy due to resignation of Auditor under Companies Act 2013 (Including REQUIRED DRAFTS) The term Casual Vacancy (not defined in Companies Act) means any Vacancy caused due to death, resignation, and disqualification of Auditor. Different situations for Casual Vacancy of Auditors The Casual Vacancy situation can be categorized in to […]
Section 134 of the Act enjoins upon the Board a responsibility to make out its report to the shareholders and attach the said report to financial statements laid before the shareholders at the annual general meeting, in pursuance of Section 129 of the Act. The Board’s Report is very important communication by the Board of […]
Pursuant to the provisions of Section 96 of the Companies Act, 2013, every company other than OPC is required to hold its Annual General Meeting (AGM) as follows:- ♠ In case of first AGM, within a period of 9 Months from the date of closing of the financial year. ♠ In any other case, within […]
♦ Introduction Initially, reconciliation of Share Capital Audit Report was applicable only for Listed Companies and was required to be filed with Stock Exchanges on a quarterly basis as per SEBI (Depositories and Participants) Regulations. Now, Central Government (Ministry of Corporate Affairs) has introduced a similar concept under the Companies Act, 2013 for unlisted public […]
whether the liability of a guarantor of a debt of a corporate debtor stands reduced/extinguished upon an Insolvency Resolution Plan in respect of the corporate debtor, being approved under the Insolvency and Bankruptcy Code, 2016?”
Extension of the Annual General Meeting (AGM) for the Financial Year ended 31st March,2020 by MCA Due to the widespread of COVID-19 and social distancing norms and consequential restrictions linked thereto, MCA has received several representations to allow companies to hold their Annual General Meeting for the financial year ended on 31st March, 2020 beyond […]
MCA Removed ‘present Residential Address’ of Directors, KMP and Designated Partners (DPs) Till 18.08.2020, With the help of View Signatory Details tab given under the MCA Services Tab on the website of Ministry of Corporate Affairs (MCA), one can view the following information about Directors, KMP and Designated Partners (in case of LLP):- i. DIN/DPIN/PAN […]
Checklist on SS-4 Report of the Board of Directors Reserves 1. If amount is transferred to reserves then mentioned the same. 2. If no amount is transferred to reserves the note should be mentioned in report. Dividend 1. Amount of dividend per share, percentage and dividend distribution tax thereon is to be mentioned. 2. Amount […]
Ministry of Corporate Affairs has surprised all by issuing a circular No 28/2020 Dated 17th August 2010 clarifying about the extension of holding Annual General Meerut for the companies completing their financial year as at 31st March 2020. The said circular has suggested an old provision for application in GNL-1 for extension of Annual General […]
In this articles, the author shall discussion provisions relating to extension of the date of holding of AGM and how the companies which could not prepare financial statements due to precarious situation created due the spread of Novel Corona Virus, can avail extension of the date of holding of AGM Statutory provisions According to Section […]
