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 : Learn about CARO, 2020 guidelines for reporting loans, guarantees, security, and investments by companies to ensure compliance and...
Company Law : Ensure compliance with updated Reporting on Audit Trail under Rule 11(g) of the Companies (Audit and Auditors) Rules, 2014 for 202...
Company Law : Explore various threshold limits under the Companies Act, 2013, with detailed compliance requirements for listed, public, and priv...
Company Law : Understand the latest changes in DIR-3 KYC, including rules for updating email IDs and mobile numbers, fees, and filing details. L...
Company Law : Understand the nuances of signing board reports and financial statements under Companies Act and SEBI (LODR). Learn who must sign ...
Company Law : Explore ICMAI detailed analysis of the Govt. committee report on enhancing cost audit effectiveness. Read insights & recommendatio...
Company Law : Discover the challenges faced by the Institute of Company Secretaries of India in filing Form DPT-3 for FY 2023-24. Learn about te...
Company Law : Explore the challenges faced by newly incorporated companies regarding mandatory ESI and EPF registrations in India, with proposed...
Company Law : Delve into the NFRA order controversy with detailed analysis on penalty imposition, opinion disparities, and key issues. Gain insi...
Company Law : Explore the issues and challenges in processing MCA forms at CPC. Learn about the proposed solutions for timely approval and the i...
Company Law : It is not the scope & objective of IBC to include Banks Financial Institutions who advanced loans to Home Buyers to be considered ...
Company Law : Explore the Calcutta High Court's decision in Uphealth Holdings, INC. Vs Dr. Syed Sabahat Azim & Ors. regarding the applicability ...
Company Law : Read the full NCLT judgment where Zee Entertainment Enterprises Limited sought to withdraw its merger with Sony Groups, impacting ...
Company Law : Explore the implications of issuing duplicate debenture certificates under the Companies Act, 2013. Learn about legal remedies, as...
Company Law : Explore the detailed judgment in the Grand Developers Pvt. Ltd. vs. Nitin Batra & Ors. case by NCLAT Delhi, including key argument...
Company Law : Discover the key changes in the Nidhi (Amendment) Rules, 2024. Learn how the new rules impact Nidhi companies and their naming con...
Company Law : General Circular No- 07/2024: Forms IEPF-3 merges with IEPF-4 and IEPF-7 with IEPF-1 in MCA Version 3. Simplifying compliance for ...
Company Law : Circular No. 06/2024 MCA has waived the additional fee for filing various IEPF e-forms (IEPF-1, IEPF-1A, IEPF-2, IEPF-4) and e-ver...
Company Law : IEPF Authority (Accounting, Audit, Transfer and Refund) Amendment Rules, 2024: Streamlining online transfers and updated forms. Re...
Company Law : Check out the latest Companies (Incorporation) Amendment Rules 2024 issued by Ministry of Corporate Affairs, omitting word Nidhi f...
This Article is an analysis of Section 197 of the Companies Act, 2013 and is in Continuation of the Series of Comparative Analysis of Companies Act, 2013 & Companies (Amendment) Bill, 2016 of both the Existing and Proposed provisions. I have re-drafted the Section 197 along with proposed changes.
It is humbly submitted for your kind attention that due to not so smooth functioning of the site for almost 3-4 days, some of the problems faced by the Members and Stake holders is kindly placed at Annexure -1(enclosed). Documents which has to be filed within the due date and due to non functioning of the Portal, it is not becoming possible for filing of documents, which is resulting into inordinate delay.
The new MCA21 portal went live on 27th March 2016 for Company services. This change is in the larger interest of stakeholders. However, due to this change, few stakeholders may experience some inconvenience intermittently for next few days. It is advised to contact Helpdesk at 0124-4832500, or raise a service complaint here for prompt resolution. […]
Disclosures on the website not only fulfill compliance requirements but also encourage the investors to be with the Company with keen interest and also attract new investors to associate with the Company. The Compliance with respect to website should be in true letter and spirit. In true letter sense, it may confer that the disclosures as required under applicable laws to the Company while the spirit confers that disclosures as per the Company’s policy for proper Corporate Governance.
MCA notified CARO, 2016 on 29th of March, 2016, which replaces the Existing CARO, 2015 and brings some additional reporting by the Auditors on Fixed assets, Loans and investments, Managerial remuneration, Nidhi company, Related party transactions, Preferential allotment/private placement & Non-Cash Transaction.
The ministry of corporate affairs, vide notification dated 29 March 2016, has issued the Companies (Auditor’s Report) Order, 2016 which will be applicable from financial years commencing on or after 1 April 2015. The new Order introduced few new reporting requirement by curtailing few in comparison of Companies (Auditor’s Report) Order, 2015. Following is the comparison between CARO 2015 and 2016:
This Article deals with Section 42 of the Companies Act, 2013 and is in Continuation of the Series of Comparative Analysis of Companies Act, 2013 & Companies (Amendment) Bill, 2016 of both the Existing and Proposed provisions. I have also incorporated a summary of Process of Private Placement as per the revised provisions.
Regulation of RPTs being crucial part for good governance, the Companies Act, 2013 contain elaborate requirements for regulating RPTs. Every company has to follow the prescribe set of procedures in respect of RPTs. Audit Committees play significant role in determining the RPTs and designing the internal procedure of the Company to be followed so that RPTs can be regulated and related non-compliances can be avoided.
After modification in MCA portal w.e.f. 27.03.2016 every one is facing issues while downloading, signing with DSC, validating or uploading the e-form. To ensure we don’t face any issues, MCA has provide us with the process to make system settings. SYSTEM SETTING IS AS PER STEPS GIVEN BELOW: Open mca.gov.in Click on MCA Services Tab. […]
Registered Owner refers to a person whose name is entered in the register of members of the Company and thus known as the shareholder of the Company. Beneficial Owner refers to the person who enjoys the right of ownership of the shares irrespective of the title.
