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 : MSME Form-1 Filing: Do You Really Need to Report Payments Made Within Made Within 45 Days? Introduction The Ministry of Corporate ...
Company Law : Explore four legal methods to voluntarily wind up a private company in India, including summary winding up, strike-off, and liquid...
Company Law : CSR in India is evolving from legal compliance to a value-driven strategy aligned with sustainability and social development goals...
Company Law : Explore the challenges of director accountability in India, focusing on corporate scams like Satyam and IL&FS, and how Indian comp...
Company Law : High Value Debt Listed Entities must immediately meet SEBI LODR Chapter IV & VA requirements. Learn about new policies, board chan...
Company Law : ICSI warns students against using 'CS' before their name without eligibility, citing penalties under Section 24 of the Company Sec...
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 : NCLAT Delhi held that initiation of Corporate Insolvency Resolution Process (CIRP) for failure to honour repayment obligation just...
Company Law : NCLAT Chennai held that initiation of the IRP proceeding u/s. 95 of Insolvency & Bankruptcy Code, 2016 against personal guarantor ...
Company Law : NCLAT Delhi held that granting waiver u/s. 244(1)(b) of the Companies Act, 2013 justified in a petition alleging oppression and mi...
Company Law : Karnataka High Court held that the provisions of section 197(15) of the Companies Act are amended and made effective from 02.11.20...
Company Law : NCLAT Chennai held that payments from Successful Resolution Applicant will be done on pro-rata basis amongst the creditors but the...
Company Law : Hankook Latex Pvt Ltd penalized for delay in filing SBO disclosures under Section 90 of Companies Act, 2013. MCA imposes fines on ...
Company Law : Regional Director rejects M. Harish Babu's appeal against penalty for Preethi Villas Pvt Ltd audit non-compliance due to pending S...
Company Law : Regional Director modifies ROC order, reducing penalty on Sutara Roads & Infra and its directors for CFO appointment delay....
Company Law : Order against Ecospace Commodities Trade Private Limited for violating Companies Act, 2013, Section 12(1) by not maintaining a reg...
Company Law : Order against Shivnath Holdings Private Limited for violating Companies Act, 2013, Section 12(3)(c) by not printing CIN on letterh...
Government of India is on Clean Mode since last year attacking with the several Strikes i.e. Surgical Strikes, Company Striking off, Air Strikes and now the shell companies are on the same screen towards the Good Corporate Governance. Promoter(s)/Director(s) have companies to convert their money into white not to business, doing the fictitious transaction now […]
MCA has inserted new Rule 25A Under Companies Incorporation Rules 2014 by issuing Companies Amendment Rules, 2019 with the introduction of INC 22A (ACTIVE FROM). Here are the important points to be noticed WHY ACTIVE FORM? ACTIVE FORM i.e. Active Company Tagging Identities and Verification. Under Companies (Incorporation) Amendment Rules, 2019 MCA notifies that every […]
FORM INC-22A ACTIVE (Active Company Tagging Identities And Verification) 1. Applicability : Every company incorporated on or before 31st December, 2017 2. Due date of Filing : On or before 25th April, 2019 3. Pre- requirement before Filing : Ensure that company has minimum number of directors as prescribed in the Act [Minimum requirement in […]
Filing Fees – NIL, Processing – STP, Due date: 25th April 2019, to be signed by: Director/KMP and certified by Practicing professional. Consequences on non-filing: Companies will be marked as “ACTIVE-non-compliant” and following forms cannot be filed- (i) SH-07 (Change in Authorized Capital); (ii) PAS-03 (Change in Paid-up Capital); (iii)DIR-12 (Changes in Director except cessation); […]
Valuation Reports after 1st Feb 2019 has to be obtained only from Registered Valuers registered with IBBI Position before commencement of these rules and Transitional Arrangement: Until effectiveness of section 247 of the Companies Act, 2013, the Valuation in case of Merger & Amalgamation has been done by Independent Merchant Banker registered with SEBI or […]
Major Takeaways From Provisions Of Section 2(41) Of Companies Act 2013:Financial Year has to be started from 1stof April and to be ended on 31st of March.Existing companies or bodies corporate had a transitional period of 2 years to align their financial year as per these provisions.
Ministry of Corporate Affairs (MCA) is bringing continuous changes in the Companies Act, 2013 and the rules made thereunder with the objective of developing a transparent and compliant corporate ecosystem in the country. It has most recently amended Companies (Incorporation) Rules, 2014 via an amendment dated 21.02.2019 and inserted Rule 25A in the Companies (Incorporation) […]
How to claim money when dividend amount is transferred to Investor Education and Protection Fund (IEPF). Any person whose shares, unclaimed dividend, matured deposits, matured debentures, application money due for refund, or interest thereon, sale proceeds of fractional shares, redemption proceeds of preference shares etc., has been transferred to the Fund, may claim the shares […]
SHIFTING OF REGISTERED OFFICE OF THE COMPANY FROM ONE STATE TO ANOTHER UNDER COMPANIES ACT, 2013 I. INTRODUCTION: Section 12 and 13 of the Companies Act, 2013 and Companies (Incorporation) Rules, 2014 states the law and procedure regarding having a registered office of the Company and shifting of registered office of the Company. Provisions and […]
E-form DPT-3 Onetime Return for disclosure of details of ‘outstanding money’ or ‘loan received‘ by a company but not considered as deposits in terms of Section 73 read with Rule 2(1) (c) of the Companies (Acceptance of Deposits) Rules, 2014. Applicability: Every company, other than Government Company: Shall file within ninety days from the date […]
