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 ...
Standard procedures For the Chairman ,Format of Minutes and Notices of Board Meetings Through Video Conferencing (VC) and OAVM-Post Pandemic COVID 19 ========== The Ministry of Corporate Affairs (MCA) relaxing the mandatory requirement to approve certain matters/ transactions referred under Section 179 read with Rule 8 of the Companies (Meeting of Board and its Powers) […]
♣ Section 134(5) of the Companies Act, 2013 requires board of directors of every company to state in its Directors’ Responsibility Statement that they have prepared the annual accounts on a going concern ♣ Also, Ind AS 1 – Presentation of Financial Statements and AS 1 – Disclosure of Accounting Policies requires the management to assess the entities ability to continue as a going concern.
In order to view the documents, Forms filed by the Company on MCA Portal service of “View Public Documents” is made available by the MCA. If user has to only view the Public Documents then the logging in on the MCA Portal is not required, however if user wants to download the Public Documents then […]
The procedure for conversion of sole proprietorship to LLP and what documents are required for such conversion is explained below: > STEP 1 – INCORPORATION OF NEW LLP (Filing of Form FiLLiP) The 1st Step is to incorporate a new LLP by filing e-form FiLLiP for reserving the name and incorporating the LLP. Attachments/Documents required […]
How often in day-to-day practice before we go out shopping, we do create a checklist for product we plan to buy, its key specifications, value of money that it delivers and the longevity it promises. The same principle applies in the corporate industry when practices of diversification and creating a potential portfolio exists. Big corporates […]
Vijay Goverdhandas Kalantri & Another Vs Union of India & Others (Punjab and Haryana High Court) The issue under consideration is whether the filing of the petition without jurisdiction only to gain benefit of its interim order is sustainable in law? In the present case, admittedly, both the petitioners are residents of Mumbai and the […]
Directors are sine qua non for the functioning of a company. Assuming positions of power mandates the director to conduct the affairs of the company in good faith. In the erstwhile Companies Act of 1956 the duties of directors were only briefly stated in S.291. All cases in relation to duty of a director were […]
Financial statements are one of the most important written records which give a true and fair view of the state of affairs of the company and which shows the financial performance of the company. Before proceeding further, let’s first understand, what Financial Statements are: The term Financial Statement is defined under CA, 2013 under Section […]
Applicability of Various Sections of Companies Act, 2013 as amended by Companies (Amendment) Act, 2019 Sr. No Section Compliances as per Companies act, 2013 Threshold limit for applicability 1 2(6) Associate Company In relation to another Company, means a company in which that other Company has a significant influence, but which is not a subsidiary […]
In case of listed companies, which comply with relevant circulars issued by SEBI, inability to dispatch the relevant notice to shareholders through registered post or speed post or courier would not be viewed as violation of section 62(2) of the Act for rights issues opening upto 31st December, 2020.