Explore the new rule by MCA requiring private companies to dematerialize shares. Learn compliance steps, timelines, and benefits of this mandatory transformation....
Learn about Companies (Prospectus & Allotment of Securities) Second Amendment Rules, 2023 on mandatory dematerialization of securities for private companies, and how to determine whether a company is small or not. Dematerialization of Securities for Private Companies....
This article provides a general overview of bookkeeping for small businesses and highlights the top 8 bookkeeping errors that small businesses make....
Introduction: Engaging with the intricacies of corporate finance is an essential aspect of understanding how companies manage their capital structure. Two crucial mechanisms governed by the Companies Act 2013 are bonus shares and right issues. These instruments play a significant role in the financial landscape, impacting both companies a...
Explore the nuances of DIR-12 filing for director reappointment under the Companies Act, 2013. Learn practical considerations and forms required for compliance....
Learn about latest compliance update from Institute of Chartered Accountants of India regarding Significant Beneficial Ownership rules and their implications....
Learn about the challenges faced by directors in receiving OTP for filing DIR-3 KYC and the urgent need for resolution. Read more....
ICSI appeals for AGM date extension to 30th September 2024 and rule amendments to facilitate virtual meetings. Details and analysis....
ICSI requests amendments to Sections 204 & 149(6)(e)(ii)(A) of Companies Act,, to enable Company Secretaries in practice to be Independent Directors...
ICSI suggests Form DIR-6 modification, urging Corporate Affairs Ministry to allow Company Secretaries to update changes in their particulars...
Mr. Paulose Paily Palannatiil Vs. Registrar Of Companies, Kerala & Lakshadweep (NCLT) - Legal process of restoring struck-off companies by NCLT. Learn about appeals, defenses, and the cost implications in the restoration of company names....
Trimurti Associates Private Limited Vs BKM Industries Limited (NCLT Kolkata) - NCLT Kolkata held that application filed by resolution professional of BKM Industries Limited (Corporate Debtor) for approval of resolution plan stand approved....
Malavika Hegde, Suspended Director of Coffee Day Global Limited Vs IndusInd Bank Ltd. & Anr. (NCLAT Chennai) - Read full text of NCLAT Chennai order in case of Malavika Hegde vs. IndusInd Bank, where a settlement led to termination of CIRP proceedings....
Arun Kumar Vs Sripriya Kumar (NCLAT Chennai) - NCLAT Chennai held that any kind of settlement is between the Parties and no settlement can be directed by way of an Order under the Provisions of Insolvency and Bankruptcy Code, 2016 (IBC, 2016)....
Ranveer Singh Vs Serious Fraud Investigation Office (Delhi High Court) - In present facts of the case, the Hon’ble High Court observed that the investigation report cannot be obtained under Section 212(13) of the Companies Act, 2013 if the Person seeking report is not concerned with the case in any manner or in other words, do not comply the mandate of Section 212(1)(a...
Order No. ROC(M)/CMC/NJN/ADJ-ORDER/5319 TO 5321/RD-57 - (17/11/2023) - Explore the case of WURKNET PRIVATE LIMITED penalized by MCA under Section 62(3) of the Companies Act, 2013. Analysis of violation, hearing details, and imposed penalties...
Order No. ROC(M)/CMCMJN/ADJ-ORDER/5316 To 5318 RD-56 - (17/11/2023) - The Ministry of Corporate Affairs penalizes WURKNET PRIVATE LIMITED for violating Companies Act, 2013 by not disclosing ESOP details. Analysis, implications, and order details...
Order No. ROC/D/Adj/Order/89Nalor Advisory/ 4246-4249 - (16/11/2023) - Explore the MCA's penalty on VALOR ADVISORY for Section 89 violation, analyzing delays in filing MGT-4. Detailed order, penalties, and compliance steps revealed....
Order No.07/01/ADJ-85(1)/ Holitech India Private Limited/5454 - (13/11/2023) - Government of India penalizes Holitech India with ₹10.50 Lakh for violating Companies Act, 2013. Failure to maintain charges in Form CHG.7 leads to penalties....
Notification No.07/01/Adj-134(3)(F)/ Holitech India Private Limited/5428 - (13/11/2023) - Government of India imposes an INR 8.50 Lakh penalty on HOLITECH INDIA PRIVATE LIMITED for violating Companies Act 2013. Detailed analysis of the Board report non-compliance and penalty imposition...