Filter Posts

Reset
Found 2759 Results

Implications of Companies (Amendment) Act, 2019

Amendments introduced in Companies Act, 2013 through Companies (Amendment) Act, 2019, along with their implications In a developing Country like INDIA, Laws and Legislatures plays a crucial role in maintaining the democracy. Since past few decades, the Indian Population has shifted its lenience from agricultural sector to Industrial and o...

Read More
Posted Under: Company Law |

Private Companies Exemptions Under the Companies Act, 2013

AS PER THE PROVISIONS OF THE COMPANIES ACT 2013 SL NO. SECTION/RULES APPLICABILITY ANALYSIS 1.       Rule 9A of Companies (Prospectus and Allotment of Securities) Rules, 2014 (Dematerialization of Shares) Every unlisted public company shall – (a) Issue the securities only in dematerialized form; and (b) Facilitate dematerializa...

Read More
Posted Under: Company Law |

Nidhi Amendments Rules, 2019- Analysis

Nidhi Amendments Rules, 2019 were notified by MCA on 01st July 2019 and are effective from 15th August 2019. Vide this notification MCA inserted Rule 3A. Declaration of Nidhis, Rule 23A. Compliance with rule 3A by certain Nidhis and 23B. Companies declared as Nidhis under previous company law to file Form NDH-4 in Nidhi rules, […]...

Read More
Posted Under: Company Law |

Companies (Share Capital and Debentures) Amendment Rules, 2019- Analysis

Recently, The Ministry of Corporate Affairs came up with a notification dated 16th August, 2019 pursuant to which the Central government notifies the Companies (Share Capital And Debentures) Amendment Rules, 2019 to further amend the Companies (Share Capital and Debentures) Rules, 2014:- 1. In Rule 4, in sub-rule (1) of Companies (Share C...

Read More
Posted Under: Company Law |

Corporate Social Responsibility | Companies Act 2013 | Section 135

1.  Section 135 of the Companies Act, 2013 pertaining to Corporate Social Responsibility (CSR) is applicable to all Companies during the immediately preceding financial year having: Net profit before tax of Rs. 5 Crore or more or Networth of Rs. 500 Crore or more or Turnover of Rs. 1,000 Crore or more 2. In this […]...

Read More
Posted Under: Corporate Law |

National Financial Reporting Authority Rules

National Financial Reporting Authority Rules National Financial Reporting Authority is a body proposed in Companies Act, 2013 for the establishment and enforcement of accounting and auditing standards and oversight the work of auditors. Which Body Corporates will be covered by NFRA ? The Authority shall have power to monitor and enforce c...

Read More
Posted Under: Company Law |

Section 135 of Companies Act, 2013- New compliance regime

A mandatory community social service as per Section 135 of The Companies Act, 2013 with penal implications for non compliance Eligibility Criteria Every Company having: a) A net worth of Rs. 500 crore or more OR b) Annual turnover of Rs. 1000 crore or more OR c) A net profit of Rs 5 crore or […]...

Read More
Posted Under: Company Law |

Summary of Changes in Equity shares with differential rights

Summary of Changes in Equity shares with differential rights after Amendment dated 16.08.2019 MCA issued a notification dated 16.08.2019, to amend the Companies (Share Capital and Debentures) Rules, 2014, which shall come into force on the date of their publication in the Official Gazette. The Aim of the government has relaxed norms for s...

Read More
Posted Under: Company Law |

Incorporation of Section 8 Companies: INC 12 not required to be filed

Companies (Incorporation) Sixth Amendment Rules, 2019 dated 7th June, 2019, With a view to simplify the process for incorporating Section 8 Companies, requirement of prior filing of INC-12 for new section-8 companies is being dispensed. So the Process of Incorporation of Section 8 Companies is now simple as the process of incorporation of...

Read More
Posted Under: Company Law |

Compliance for Nidhi Company with New Amendment Rules, 2019

In case failure to file form NDH-4, Companies shall not be allowed to file Form No.SH-7 (Notice to Registrar of any alteration of share capital) and Form PAS-3 (Return of Allotment)....

Read More
Posted Under: Company Law |