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 ...
The most important clarification whether NFRA Form -1 is required to be filed by any company or not by 31st July 2019 July 1 is Chartered Accountants’ Day marking the date on which the Chartered Accountants Act came into effect in 1949. On the same day after 70 years, NFRA is constituted with the main […]
E-form INC-20A (Declaration For Commencement Of Business) Is Required To Be Filed Pursuant To Pursuant To Section 10a(1)(A) Of The Companies Act, 2013 And Rule 23A Of The Companies (Incorporation) Rules, 2014. According To Section 10A Company Incorporated On Or After 02/11/2018, Shall Not Commence Its Business Or Exercise Any Borrowing Powers Unless A Declaration Is Filed By The Directors […]
Filing of One time Form NFRA-1: Every Company or Body Corporate falling under the applicability rules shall file e-Form NFRA-1 concerning the particulars of the auditor within 30 days of deployment of Form NFRA-1 i.e. by 31st July, 2019.
Form BEN-2 has been notified vide the Companies (Significant Beneficial Owners) second Amendment Rules, 2019 dated 1st July 2019, therefore the time limit for filing the BEN-2 form would be 30 days from the date of deployment of BEN-2 e-form on the MCA-21 portal i.e. 31st July, 2019, failing which, the form shall be filed with additional fee
Significant Beneficial Ownership Rules (SBO Rules) dated 8th February, 2019- Every significant beneficial owner shall file a declaration in Form No. BEN-I to the company in which he holds the significant beneficial ownership within thirty days in case of any change in his significant beneficial ownership.
Recently, over the years, the Registrar of Companies, all over India has been very strict with the compliances and therefore, disqualified as many as thousand of Directors in the year 2017 and 2018 on account of various non-compliances. Accordingly, it is very important to take note of the reasons by which a Director can be […]
India is the first country to mandate the provisions of Corporate Social Responsibility (CSR) and this landmark legislation is governed under 135 of The Companies Act, 2013, read with The Companies (Amendment) Act, 2017 and the Companies (Corporate Social Responsibility Policy) Rules, 2014.
During the process of submitting NFRA-1 form, user needs to have following details/documents before proceeding with form filling. In case of Indian Body Corporate: 1. PAN of Indian authorized individual 2. PAN of body corporate 3. DIN of Director/Membership No. of CS/PAN of Manager or CEO or CFO 4. Income tax PAN of auditor/audit firm […]
NATIONAL FINANCIAL AUTHORITY REPORTING RULES, 2018 (NFRA RULES): FILING OF FORM NFRA-1 GOVERNING PROVISIONS: Section 132 of the Companies Act, 2013 (“the Act”) and Rules made there under. FUNCTIONS OF NATIONAL FINANCIAL AUTHORITY (NFRA) (SECTION 132(2)): 1. make recommendations to the Central Government on the formulation and laying down of accounting and auditing policies and […]
Introduction: The merger is a combination of two or more entities into one; it is not just the accumulation of assets and liabilities of the distinct entities, but the organization of the entity into one business. The merger requires a complete restructuring of the company as the two companies are merged into one single entity. […]
