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 ...
We all know that doing business in India through a Private Limited Company has its own advantages (i.e. Limited Liability, the preferred structure for FDI, share capital-based ownership) as secured by the law in force viz. Companies Act, 2013. But before deciding that we should opt for Private Limited Company to carry out business it […]
BEN ↓ Companies (Significant Beneficial Owners) Rules, 2018 Vide MCA Notification dated 13th June 2018 Provisions: Section 90 read with sub-section (1) of section 469 of the Companies Act, 2013. Total Rules: 8 Rules – – Form No. BEN-1 Purpose: Declaration of significant beneficial ownership in shares. Provision: section 90 of the Companies Act, 2013 & […]
IDBI Bank Limited Vs Mr. Anuj Jain (National Company Law Appellate Tribunal) As the voting is on, which is likely to be completed today by 5.00 p.m., we are not inclined to pass any specific order in the present I.A. No. 1857 of 2019 filed by the ‘IDBI Bank Limited’. After voting the decision if […]
Receiving multiple query about filling of DPT-3. People are asking about number of DPT-3 are required to file for FY ended on 31-03-2019 including one time return of deposit? MCA has inserted an explanation to rule 16 and a new rule 16A vide notification dated 22-01-2019. Explanation to rule 16: [Explanation- It is hereby clarified […]
Section 55 of the Companies Act, 2013 (the Act) prescribes that a company shall not issue an irredeemable preference shares. Further, it also imposes restriction on companies limited by shares to issue preference shares liable to be redeemed at the end of the end of twenty years.
With the deadline to file DPT-3 inching closer day by day, the professionals are rushing today to prepare/review the necessary data for filing of such form timely as well as accurately. As per Rule 16A(3) of the of the Companies (Acceptance of Deposits) Rules, 2014, “Every company other than Government company shall file a onetime […]
INTRODUCTION The Corporate vehicle is considered as channel by defaulters for siphoning of funds for illegitimate purposes like money laundering, tax evasion, corruption, terror financing and illegal activities. In the wake to prevent the misuse of funds & money laundering, the Financial Action Task Force (FATF), an inter-governmental organization formulated various recommendations to tap such […]
Discussion on Validity of Companies (Amendment) Ordinance, 2018 and re-promulgated in 2019 as Companies (Amendment) Ordinance, 2019 Article 123 of the constitution gives the Power to the president of India to promulgate an ordinance if both of the parliamentary house not in session. Ordinance promulgated shall have the same effect as the Act of Parliament Ordinance […]
Companies (Prospectus and Allotment of Securities)Rules,2014 Reconciliation of share capital audit on half yearly basis (PAS-6) and its applicability Provision: Pursuant to Rule 9A of of Companies (Prospectus and Allotment of Securities) Rules, 2014 as amended vide Companies (Prospectus and Allotment of Securities) Third Amendment Rules, 2019. Rule 9A of Companies (Prospectus and Allotment of Securities) Rules, 2014 […]
We have audited the accompanying standalone financial statements of XYX Limited, which comprise the Balance Sheet as at March 31, 2019, the Statement of Profit and Loss (including Other Comprehensive Income), the Statement of Changes in Equity and the Statement of Cash Flows for the year ended on that date, and a summary of the significant accounting policies and other explanatory information
