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 debenture issuance under the Companies Act, 2013. It outlines the types of debe...
Company Law : Section 42 of the Companies Act, 2013 permits companies to raise funds from a select group of investors through private placement....
Company Law : The 2025 amendments significantly expand the scope of fast-track mergers by allowing more categories of companies, including eligi...
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 : 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 : Resolution Professional (RP) was fully justified in seeking possession through the insolvency process itself, the NCLAT affirmed t...
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 : 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 ...
Introduction The Limited Liability Partnership (LLP) is seen as an alternative corporate business vehicle that gives the advantages of Limited Liability yet permits its individuals the flexibility of sorting out their inward structure as an organization in light of a mutually arrived agreement. Attributable to flexibility in its structure and activity, the LLP regularly become the favoured choice for […]
Article explains Key provisions relating to transfer of shares by way of GIFT, Provisions on Transfer of Shares, Procedure for transfer of shares by way of Gift, Documents required to be prepared and Other key provisions relating to the transfer of shares by GIFT. In general terms, the word transfer means a conveyance of property, […]
Not all offences under Section 441 of the the Companies Act 2013 can be compounded. As per 441(1) as amended by the Companies (Amendment Ordinance) 2018 dated 02.11.2018 any offence punishable under this act (whether committed by a Company or any officer thereof) (not being an offence punishable with imprisonment only , or punishable with imprisonment and also with fine) may either before or after the institution of any prosecution be compounded.
♦ The private limited company is governed by section 2 (68) of Companies act 2013 and relevant rules. ♦ It is a form of Business in which a small group of people manages this type of entity privately without any Public interference. ♦ To form a private company the requirement of a minimum of 2 […]
Article explains about Annual General Meeting, Purpose of Holding Annual General Meeting, Period of Holding Annual General Meeting, Business to be transacted at an Annual General Meeting, Day for Holding Annual General Meeting, Time for Holding Annual General Meeting, Place for Holding Annual General Meeting, Default in Holding Annual General Meeting, Report on Annual General […]
Under Section 173 of the Companies Act, 2013, companies are required to hold board meetings. However, for some reason, the companies have to postpone their board meeting for reasons beyond their scope of control. Here is a draft format for postponement of a board meeting. Users are free to modify as per their requirements. Format […]
MCA has issued General Circular No. 11/2020 dated 24th March, 2020 on Special Measures under Companies Act, 2013 (CA-2013) and Limited Liability Partnership Act, 2008 in view of COVID-19 outbreak which includes measures related to waiving Additional Fees on delayed submission of e-forms and relaxation related to Maximum GAP between two Board Meetings. Language of […]
Section 163 is not mandatory. It will be applicable only if the Articles Of Association (AOA) of the company gives the authority for a proportional appointment. The BOD constituted can be for a tenure of 3 years. After a span of 3 years, it has to be reconstituted. It is important to note that Section 163 is a way to constitute a BOD and not a single director and it is not a type of directors like nominee director or additional director.
Due to the lockdown and economic disruptions, Government is taken the following measure for providing relief to Companies and LLP in terms of compliance and penalty. 1. The government will not charge any late filing fee to companies for any form filing during the period April 1, 2020 to Sept 30, 2020. Hence the pending […]
Many Corporates & Professionals has asked a question ‘Whether amount spent for for prevention or Spread CORONA Virus or CoVID-19 shall be considered as CSR Expense under Section 135 of Companies Act, 2013?’ To clarify the same MCA has issued a clarification on 23rd March, 2020 vide General Circular No. 10/2020, according to which spending […]
