The Director’s Report is a critical component of a company’s annual financial disclosures. It provides stakeholders with a comprehensive overview of the company’s performance, governance, and future prospects. In the financial year 2022-23, specific reporting requirements must be met, depending on the type of company. Th...
Discover crucial rule (Rule 12) for updating director details in Companies Act, including a recent case involving penalties for non-compliance....
Since Company exists in a society it must do something for its betterment, so in simple terms CSR is the responsibility of the companies toward the society. CSR is the concept whereby organizations serve the interests on environmental, ethical, social, and economic issues....
Discover the essential forms and deadlines for annual filing of a One Person Company (OPC) under the Companies Act, 2013. Simplify compliance and maintain limited liability....
Explore crucial roles and responsibilities of a company's Board of Directors in corporate governance. Learn about director types, stakeholder interests, and ethical leadership...
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...
ICSI suggests an amendment in Section 77 of Companies Act, 2013. It aims to allow charge registration beyond 120 days with ad valorem fees....
ICSI urges MCA to mandate Form DIR-11 for KMPs, especially Company Secretaries, to enhance corporate governance & compliance during their resignation....
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...
Everest Pharmaceutics Pvt Ltd. Vs Office of Registrar of Companies (NCLAT Delhi) - NCLAT Delhi requested the Secretary, Ministry of Corporate Affairs, Govt of India to get detailed enquiry/ investigation by an appropriate authority/agency as in number of court proceedings the parties are coming with fabricated document....
Tata Power Western Odisha Distribution Limited Vs Jagannath Sponge Prviate Limited (NCLAT Delhi) - NCLAT rules in favor of Tata Power, stating no arrears payment needed before the date of Resolution Plan approval against Jagannath Sponge Pvt Ltd....
Order No. ROC/D/ADJ/SECTION 42/SOLARGRIDX/3646-3650 - (22/09/2023) - MCA imposes a Rs. 10 Lakh penalty on Solargridx Ventures Private Limited and its Directors for violating Sections 42(2) and 42(7) of Companies Act 2013....
No. ROC-GJ/ADJ. ORDER/ DEXTER BIOCHEM/ Sec.140/ 2023-24/2832/33 - (15/09/2023) - Read about case of Dexter Biochem's auditor fined Rs.1,00,000 for non-filing of ADT-3 resignation notice under Section 140(2) of Companies Act, 2013....
F. No. 2/1/2018-CL-V - (13/09/2023) - Ministry of Corporate Affairs extends the tenure of the Company Law Committee till September 16, 2024, with details on its objectives and members....
ROCP/ADJ/Sec-117 (3)(c)/JTA(B)/23-24/4/1378 to 1380 - (11/09/2023) - MCA imposed penalties for a 235-day delay in submitting Form MGT-14 for a Managing Director's reappointment. Learn more about the case and penalties here....
Order No. ROC-GJ/2023-24/ Tunwal E-Vehicle / ADJ. ORDER/Sec.12/ 2466 To 69 - (04/09/2023) - Tunwal E-Vehicle India Pvt. Ltd. & its directors ordered to pay penalty for not maintaining its registered office under Companies Act, 2013....
Order No. ROC/D/ADJ/SECTION 42/SOLARGRIDX/3646-3650 - 22/09/2023
No. ROC-GJ/ADJ. ORDER/ DEXTER BIOCHEM/ Sec.140/ 2023-24/2832/33 - 15/09/2023