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 ...
WHAT IS A SOCIETY? A Society is an association of persons united voluntarily to fulfil the need of an institution of non-commercial nature for promotion of numerous charitable activities like education, art, religion, culture, music and sport etc. As per Section 20 of Society Registration Act, 1860, a society can be formed for any of the […]
Background: Section 12 of the Companies Act, 2013 makes it mandatory for every company to maintain a registered office at all times which capable of receiving and acknowledging all communications and notices as may be addressed to it. The situation clause of Memorandum of Association contains the state in which the registered office of the […]
Keeping in view of this COVID 19 Pandemic situation and Distressed economy, MCA has come up with Various relaxations and schemes for the rescue to companies and LLP’s and reduce various compliance & other burdens, Some of the Key & Important measures are as follows- Relax the requirement of holding Board meetings with physical presence […]
What if your company requires funds/capital to transact any business activity? The best and simplest way to introduced capital in the Company is by way of right issue of shares. In simple language, Right issue is a right or a preference given to existing shareholders while issuing shares of the Company as compared to others. […]
The Directors‘ Report arose out of a general move for greater transparency in corporate governance. It is useful for shareholders to find out issues such as whether the company has good finances, whether the market has potential, and whether the business has the structural capacity to expand into new opportunities. Section 134 of Companies Act, 2013 mandates certain […]
Internal Financial Control came into existence to promote risk management and governance process within the organization so that we don’t have another Satyam case in the future. In this article we have discussed the Internal Financial Control (IFC) from the Business perspective and from Auditor’s perspective:
Article explains due date for filing of ROC Forms for Financial Year 2020 which includes Form ADT-1 – Appointment of Auditor, Form AOC-4 and Form AOC-4 CFS (in case of consolidated financial statements) Filing of Annual Accounts, Form MGT-7– Filing of Annual Return, Form CRA-4- Filing of Cost Audit Report, Form MGT-14- Filing of resolutions […]
Even though the companies act, 2013 talks about compounding of offences but the word compounding is defined under the companies act, 2013 and neither was it defined under the companies act, 1956. The legal meaning of compounding is “to settle a matter by payment of money, in lieu of other liability.” In terms of a […]
As per Section 204 read with rule The Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 of the Companies Act, 2013 Applicability of Secretarial Audit 1. Every listed company In case of unlisted Public company: 2.Every public company having a paid-up share capital of fifty crore rupees or more; or 3. Every public 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.14/2020) on 8th April 2020 for allowing the conduct of members meeting through video conferencing (VC)or other audio visual means (OAVM). The Companies Act, 2013 (Act) does not provide provisions […]