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 the open offer regulations, including who must make offers, when they are required, and the process of acquiring shares in t...
Company Law : Understand the eligibility, appointment, tenure, and conditions for small shareholder directors under Section 151 of the Companies...
Company Law : Learn about the process, eligibility, and required documents for applying for a company's strike off under Section 248 of the Comp...
Company Law : Overview of laws mandating women directors in companies, including Companies Act, SEBI regulations, and penalties for non-complian...
Company Law : MCA clarifies demat rules for Non-Small Private Companies, including ISIN delays and share allotment procedures. Compliance requir...
Company Law : The Government has eased de-registration of inactive companies in Telangana through C-PACE, allowing strike-off without filing ove...
Company Law : The Ministry of Corporate Affairs monitors C-PACE’s efficiency in processing corporate and LLP strike-offs, improving processing...
Company Law : Government outlines penalties and prosecutions for companies failing to appoint women directors. Gender diversity progress reviewe...
Company Law : The Government defines the 30-day time limit for filing representations before NCLAT under the Companies Act, with no cases pendin...
Company Law : Government response on political appointments in NCLT/NCLAT and reasons behind delays in IBC case disposal....
Company Law : The moot question arises to be determined here is whether in cases where the amount of default is less than 1 Crore, the Personal ...
Company Law : NCLAT Chennai held that claim raised by operational creditor towards performance pay cannot be taken as operational debt hence app...
Company Law : NCLAT Delhi held that application filed under section 43 of the IBC by Liquidator on the basis of Transaction Audit Report for avo...
Company Law : NCLT Ahmedabad approved application filed u/s. 66 of the Companies Act, 2013 by Mahan Industries Limited for reduction of share c...
Company Law : Thus, the prayer of the Appellant to exclude the commercial space from the Resolution Plan, could not have been accepted, nor any ...
Company Law : Macquarie Group Management (India) Pvt. Ltd. penalized under Section 62(2) of the Companies Act, 2013, for non-compliance in right...
Company Law : Registrar of Companies imposes penalty on Atomy Enterprise India Pvt Ltd for non-compliance with Section 90 of Companies Act, 2013...
Company Law : Appeal by A-One Steels India Pvt. Ltd. challenges penalties for failing to appoint a company secretary under Companies Act, 2013....
Company Law : Ministry of Corporate Affairs has penalized Care Detergents ₹1.06 crore for a 17-day delay in transferring unspent CSR funds to ...
Company Law : Regional Director, Eastern Region, modifies penalty for secretarial audit violations under Section 204, reducing it to ₹32 lakh ...
MCA is pleased to announce that a refund process will be introduced by 16th September, 2012 for the unlinked incorrect NEFT payments. Revised refund e-Form along with instruction kit will be available on the MCA21 portal. Users are requested to avail this facility.
In a case of scheme of arrangement pending for approval of the Court under Section 391 Court should act as umpire. It would not be a rubber stamp being a blind folded instrument of putting of seal of approval. It would certainly consider the objections raised by the objectors, to the extent, permissible under the corporate jurisprudence.
The term ‘Amalgamation’ or ‘Merger’ or ‘De-merger’ is not defined in the Companies Act, 1956. Chapter V of Part VI of Companies Act comprising sections 390 to 396A contain provisions regarding Compromises, Arrangement and Reconstructions.
General Circular: 29/2012 The question of acceptance of documents by the Registrar of Companies for conversion of a Cooperative Society (not registered as the Multi State Society) under Section 581 J(5) of the Companies Act has been examined in the Ministry.
Law is well-settled that in cases where the company court sells the properties in accordance with various provisions of the Companies Act and the Rules framed thereunder, such sale can be interfered with only in cases where there is a total irregularity or the sale is effected against the provisions of the Companies Act or the Rules framed thereunder. On the factual matrix, it is not the case of the appellant that there has been any irregularity or the sale has been effected in gross violation of the provisions of the Companies Act. T
1. Balance Sheet and Profit & Loss Accounts are to be filed as two separate documents with different e-Forms; 2. Each e-Form along with the relevant attachment(s) should be less than 2.5 MB. 3. The Balance Sheet, Profit & Loss Account and Annual Return are filed as attachments to the respective e-Forms.
The period of August and September is normally very busy for the accounting as the finalisation of accounts is done by maximum companies in this period only. As the Finance heads are busy with the finalisations of the books of accounts, they may skip some of the important notifications which may have an implication on the finances and regulatory compliances.
General Circular No. 28/2012 This Ministry had issued General Circular No. 21/2012, dated 2-8-2012 for extending time for filing e-form 23AC and 23ACA (non-XBRL) as per revised Schedule VI without any additional fees/penalty up to 15-9-2012 or within 30 days from the date of their AGM, which ever later.
I am directed to refer to this Ministry’s letter of even no. dated 3 1.7.2012 on the subject cited above and say that wherever fee on pending cases under section 17, 18, 19, 141 and 188 of the Companies Act, 1956 have already been paid by the companies/stakeholders at the time of filing of petition, consequent upon the transfer of applications/petitions from Company Law Board to the concerned Regional Directors.
I am directed to refer to this Ministry’s letter of even no. dated 31-7-2012 on the subject cited above and say that wherever fee on pending cases under sections 17, 18, 19, 141 and 188 of the Companies Act, 1956 have already been paid by the companies/stakeholders at the time of filing of petition, consequent upon the transfer of applications/petitions from Company Law Board to the concerned Regional Directors,
