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 mandatory committees under the Companies Act, 2013, including audit, nomination, stakeholder relationship, and CSR com...
Company Law : RoC penalizes LinkedIn India & Samsung Noida for SBO non-disclosure, expanding the interpretation of control under India’s Compa...
Company Law : Learn the rules for auditor appointments under the Companies Act, 2023, including first auditor, subsequent appointments, casual v...
Company Law : Summary: A debenture is a debt instrument issued by a company as per Section 2(30) of the Companies Act, 2013. It can be convertib...
Company Law : MCA issues notices for non-filing or delayed filing of cost audit reports under Section 148 of the Companies Act. Learn about pena...
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 : NFRA's 2023 inspection of Walker Chandiok & Co. LLP reveals ongoing issues in independence and audit procedures....
Company Law : NCLAT Delhi held that beneficiary under the personal guarantee is fully entitled to initiate Personal Insolvency Resolution Proces...
Company Law : When the corporate debtor failed to pay the outstanding power obligation, appellant subsequently cut off the electrical service. O...
Company Law : The plain reading of the above provisions of Section 60(5)(c) clearly indicates that the NCLT is empowered to adjudicate any quest...
Company Law : NCLAT Delhi quashes CIRP against Alcuris Healthcare, ruling profit-sharing disputes do not constitute operational debt under IBC. ...
Company Law : NCLAT dismisses appeals in Saturn Ventures case, upholding RP’s findings on asset ownership and rejecting fraudulent transaction...
Company Law : Summary of the appeal by Aaryak Jewellery Pvt Ltd against penalties under Sections 42, 55, and 62 of Companies Act, 2013. Decision...
Company Law : The appeal by Maptech Poly Products Pvt Ltd against a penalty for non-maintenance of its registered office was dismissed by the Re...
Company Law : Tristar Transport India Pvt. Ltd. fined for delays in filing BEN-1 and BEN-2 under Section 90 of the Companies Act, 2013. Director...
Company Law : Tristar Transport (India) Pvt. Ltd. faces penalties for delayed compliance with Section 90 of the Companies Act, 2013, as per ROC ...
Company Law : Emperium Constructions Pvt Ltd fined Rs. 50,000 for delayed INC-20A filing. Directors penalized Rs. 19,000 each under Section 10A ...
Chief Justice of the High Courts of Chhattisgarh, Rajasthan, Punjab and Haryana, Madras and Manipur, designates the following Courts as Special Courts for the purposes of providing speedy trial of offences punishable with imprisonment of two years or more under the Companies Act, 2013, namely
How To Check The Financial Year-i. Check from the Annual Return/Directors’ Report of previous financial year. ii. Check the incorporation date and calculate to verify.
A Private Company desires to convert its status to LLP Form shall foremost decide the designated Partners of the proposed LLP, as only the members can be the Partners of the converted LLP and of these members of the company at least two Partners would be the Designated Partners.. In case of Body Corporate who […]
Companies Act 2013 requires auditors to express their opinion on existence of internal financial controls in place and their operating effectiveness, and this is in addition to their expression of opinion on financial statements. Initially this reporting requirement was applicable to financial statements ending on 31st March, 2015 but due to lack in compliance guidelines this applicability got deferred
Merger and acquisitions are the key forms of corporate restructuring. M&A activities are increasing over period. Achieving the economies of scale, broadening geographic market coverage, and more effectively competing have helped to create a flurry of acquisitions in the marketplace.
In this article Author has compiled Draft format of Director’s Report For Private Limited Company under Companies Act, 2013 which can be used for Financial Year 2015-16 and Subsequent Years.
After Completion of Two Year of Companies Act, 2013, Law has been settled down. Now it is the high time for the members to start work on Annual Return (MGT-7) and Director Report. Because there were many amendments in Rules, many circulars, notification came during the year 2015-16 which will affect the Annual filing of the Company.
1. For Point No 1 to 8:- F I L L your bank account with C C (short form of cash credit) use it to pay the STATUTORY DUES and make no DEFAULT IN REPAYMENT OF LOANS & BORROWINGS.
This Article contains Checklist for work to be done by a Company after its Annual General Meeting (AGM). The Same includes Filing of Annual ROC Forms i.e. ADT- 1, Form AOC 4, MGT-7, MGT-14, Compliance with SEBI Regulations, Compliance with Law related to dividend deceleration, Preparation of Minutes and submission of same with SEBI etc. […]
Reporting on Internal Financial Controls under Clause (i) of Subsection 143(3) of the Companies Act, 2013- Application of principles of SA 265- SA 265 guides the auditor on how to determine if there are deficiencies in internal control and how these deficiencies observed by him could be considered as significant and the manner of communicating such deficiencies to the management and those charged with governance.
