The Companies Act is a legislation that governs the formation, functioning, and management of companies. Explore the key provisions, compliance requirements, and legal framework under the Companies Act.
Corporate Law : This guide breaks down the mandatory annual e-filing process for the Statement of Account and Solvency (Form 8) for Limited Liab...
Company Law : The ROC imposed ₹2,00,000 on the company and ₹50,000 per officer-in-default for reporting board meetings before a director’s...
Company Law : Explore how ultra vires and indoor management doctrines evolved under the Companies Act 2013, balancing corporate flexibility with...
Company Law : The MCA V3 portal shifts Annual Return (MGT-7/7A) filing to a web-based system, replacing the old PDF form. It introduces mandator...
Company Law : Learn to file MCA AOC-4 on the V3 portal. The process requires direct online data entry for Balance Sheet and P&L figures, followe...
Company Law : ICSI reports numerous technical issues—including OTP failures, data errors, and DSC problems—on the MCA-21 V3 portal and reque...
Company Law : MCA clarifies how to fix PAN validation errors in Form ADT-1. Select Individual for auditors operating as sole proprietorships to ...
Company Law : NFRA's Series 4 focuses on auditor-Audit Committee communication regarding Ind AS 36 (Impairment) and SA 540 (Accounting Estimates...
Income Tax : The Pune Chartered Accountants' Society has requested an extension for tax audit and ITR filing deadlines for FY 2024-25, citing t...
Company Law : Learn about the NFRA-2 Annual Return, a mandatory filing for specified auditors. Discover who must file, the reporting period, and...
Company Law : NCLT Principal bench held that scheme of Merger by Amalgamation between Maruti Suzuki India Limited and Suzuki Motors Gujarat Priv...
Company Law : NCLT Ahmedabad waived the one-tenth shareholding requirement under Section 244(1)(a), allowing former ICEX promoters to proceed wi...
Company Law : An Official Liquidator Report filed in the Gujarat High Court was disposed of, approving a final settlement payment of Rs 90 lakh ...
Corporate Law : The Competition Commission of India (CCI) closed a complaint against Karate India Organisation (KIO), ruling that allegations of i...
Company Law : NCLAT Delhi held that remote access to ERP to directors being engaged in competing business cannot be denied unless there is tangi...
Company Law : The ROC Ahmedabad penalized the company and its director for failing to appoint independent directors and constitute an audit comm...
Company Law : The ROC Ahmedabad levied penalties for failing to appoint a Company Secretary within the required timeframe after capital increase...
Company Law : The order holds directors liable for not providing mandatory interest disclosures in initial board meetings. Penalties were levied...
Company Law : ROC Gwalior penalizes a company and directors for late filing of share allotment return and incorrect valuation report under Secti...
Company Law : The company and its officers were penalized ₹20,000 each for filing Form PAS-3 twenty days late, highlighting the importance of ...
The ROC Ahmedabad penalized the company and its director for failing to appoint independent directors and constitute an audit committee within the mandated timeline. The order outlines the default period, penalty amounts, and compliance requirements.
The ROC Ahmedabad levied penalties for failing to appoint a Company Secretary within the required timeframe after capital increase triggered Section 203 compliance. The order details the 408-day delay and the imposed penalty amounts.
The order holds directors liable for not providing mandatory interest disclosures in initial board meetings. Penalties were levied under Section 184(4) for procedural non-compliance.
ROC Gwalior penalizes a company and directors for late filing of share allotment return and incorrect valuation report under Section 42(9) of the Companies Act.
The company and its officers were penalized ₹20,000 each for filing Form PAS-3 twenty days late, highlighting the importance of timely compliance under Section 39(4).
Tamilnadu Minerals Limited and its Company Secretary were penalized for holding only three board meetings instead of four during FY 2024-25, violating Section 173(1).
ROC Chennai penalizes a company and its directors for not appointing key managerial personnel, imposing fines up to ₹5 lakh per defaulting officer.
SRA Systems Limited was not penalized for failing to file Form BEN-2 as the foreign shareholder was dissolved before the compliance date, absolving the company of liability.
This guide breaks down the mandatory annual e-filing process for the Statement of Account and Solvency (Form 8) for Limited Liability Firms on the MCA V3 portal. It details the steps for reporting solvency, financial statements, and mandatory digital signature requirements.
The ROC imposed ₹2,00,000 on the company and ₹50,000 per officer-in-default for reporting board meetings before a director’s appointment date, emphasizing date-accurate disclosures in MGT-7.
