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 ...
Pre-emptive rights of Existing Shareholders for further issue of shares under Section 62 of the Companies Act, 2013 Currently, Section 62 of the Companies Act, 2013 are in operation to increase subscribed capital of the company by issue of further shares. As per this section further shares can be issued in different mode as under- -By […]
Closing of Private limited can be done by below steps/ process. Removal of names of companies from the Registrar of Companies MCA has notified sections 248-252 w.e.f 26.12.2016 and also issued new rules for striking off names of companies referred as Companies (Removal of Names of Companies from the Registrar Of Companies) Rules, 2016 w.e.f […]
Possibility of Abuse of Corporate Governance in Promoter Driven Companies and its Treatment in Present Law Corporate governance became popular in India after globalization in early 1990’s and most of the literature pertaining to corporate governance were based either on the Sarbanes-Oxley Act of the U.S or on the Cadbury committee report of the U.K.[1] […]
The Companies Act 2013 under section 454 read with companies (adjudication of penalties) Amendment Rule 2019 provides for adjudication mechanism. The reason for introduction of In house Adjudication Mechanism (IAM) is to promote ease of doing business, to reduce the burden of NCLT and special court because the adjudication is handled by bureaucracy, here ROC […]
The Ministry of Corporate Affairs has issued various circulars i.e. (circulars no. 14/2020 dated 8th April 2020, 17/2020 dated 13th April 2020, 20/2020 dated 5th May, 2020 and 22/2020 dated 15th June, 2020 for the purpose of conducting Annual General Meeting (AGM) by means of Video Conferencing (VC)/Other Audio Visual Means (OAVM) on account of […]
After the deployment of the E-form PAS-6 on the website of Ministry of Corporate Affairs on 15th of July 2020 various confusions can be seen in the market related to filing of PAS-6, Non dematerialisation of securities and its consequences, consequences of not getting the ISIN by the unlisted Public companies. Here in this article […]
Purpose of Form PAS-6 Reconciliation of Share Capital Audit Report on half yearly basis. Applicable rule: Rule 9A of The Companies (Prospectus and Allotment of Securities) Rules, 2014: MCA issues Circular dated September 10, 2018 amending the Companies (Prospectus and Allotment of Securities) Rules, 2014 by inserting Rule 9A: Issue of securities in dematerialised form […]
Companies Fresh Start Scheme, 2020 (CFSS, 2020) As Per the Provision of Companies Act, 2013, it is a Mandatory for all companies to do Annual Statutory Compliances By filing the Annual Return and Financial Statements. Apart From this Various other Statements, documents, returns etc. are also required to be filed within prescribed time Limits. Filing […]
(Human is a natural person, whereas company is a legal person) 1. What is a company? Company is nothing but simply a type of business organization to conduct business /trade/ commerce. Company has its origin from two Latin words (com) means together and (pany) means bread, that is to say “come together and earn bread”. […]
1. Section 56(1) For transfer of shares there shall be following conditions- a. Proper instrument of transfer of shares in physical form shall be in Form SH-4 i.e Share Transfer Deed. b. shall be duly stamped; c. Shall be dated and executed by or on behalf of the Transferor and the Transferee, d. Share Transfer […]
