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.
Company Law : This FAQ examines the statutory authorities empowered to convene an Extraordinary General Meeting under the Companies Act, 2013. I...
Company Law : The article explains how Compulsorily Convertible Preference Shares are governed by corporate, tax, and FEMA regulations. The key ...
Company Law : While permitting extensive investigations, the Court has clarified that allegations alone do not establish criminal liability. Any...
Corporate Law : The High Court held that a company cannot shift its registered office after approval of a resolution plan when appeals against the...
CA, CS, CMA : This update compiles key statutory deadlines across multiple laws for June 2026. It highlights filing requirements under income ta...
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 : NFRA introduced guidelines to evaluate audit firms’ compliance and quality control systems. The framework emphasizes governance,...
Company Law : ICSI highlights delays in marking defective forms by RoCs under CCFS 2026. It urges MCA to mandate time-bound processing or allow ...
Company Law : The NCLT Allahabad Bench dispensed with shareholder meetings after finding that all shareholders had consented to the proposed red...
Company Law : The Court held that shareholder resolutions seeking removal of directors under Section 284 are independent of Section 188 requirem...
Company Law : The Delhi High Court upheld restraint on a company’s move to remove a director because the special notice only made vague allega...
Company Law : The Bombay High Court held that statements made in Special Notices for removal of a director under the Companies Act formed part o...
Company Law : The Court held that a shareholder holding requisite voting strength has a statutory right under Section 169 to convene an extraord...
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 ...
Suyog S Kabra CHECKLIST FOR ALTERATION OF MEMORANDUM OF ASSOCIATION 1. The company has passed the Special resolution and filed MGT-14 as per companies Rules,2014 2. The company has altered its Name with the approval of Central Government 3. The company has obtained fresh Certificate of Incorporation from the Registrar in Form […]
Suyog S Kabra 1. The offer for buy back is not made within 1 year of closure of preceding offer buy back. 2. The Articles of association authorize buy back of securities. If not , a special resolution for amending the articles of association under section 14 of Companies Act 2013 has been passed by […]
1. Check whether it is authorized by Articles 2. Whether it has, on the recommendation of Board, been authorized in general meeting of the company 3. Whether the company has defaulted in payment of interest or principal in respect of fixed deposits or debt securities issued by it. 4. Whether it had defaulted in respect of payment of statutory dues of employees, such as, contribution to provident fund, gratuity and bonus
TO ANY OTHER PERSON IN WHOM DIRECTOR INTERESTED MEAN : i.Any other director of the lending company, or of the holding company of the lending company ii. Any partner or relative of such director iii. Any private company of which director is a director or member iv. Body Corporate in which 25% or more voting power rests with one or more directors
General Circular No. 09/2015 Explanation appearing below Rule 19 of the Companies (Acceptance of Deposits) Rules, 2014 which clarifies the conditions subject to which a company would be deemed to have complied with the requirements laid down in Section 74(1)(b) of the Companies Act, 2013. Companies can repay deposits accepted prior to 1st April, 2014 in accordance with terms and conditions for which the deposits had been accepted.
CS S. Dhanapal Exemptions and Relaxations to Nidhi Companies From Few Provisions of Companies Act, 2013 (To Be Notified In Official Gazette) The Companies Act, 2013 has given due recognition to Nidhi Companies by treating them as a special class of companies. An entire Chapter, namely Chapter XXVI has been devoted to Nidhi Companies and […]
CS S. Dhanapal Exemptions and Relaxations To Government Companies From Few Provisions of Companies Act, 2013 (To Be Notified In Official Gazette) Since the introduction of the Companies Act, 2013 in September 2013, certain class of companies like Private Companies, Government Companies etc. was feeling the pressure of the rigorous provisions of the Act and […]
Under the Companies Act, 1956, the Companies registered u/s the erstwhile Section 25 of the said Act (Section 8 under the Companies Act, 2013) enjoyed certain privileges by means of non applicability of certain specific provisions of the Companies Act, 1956. With the introduction of the Companies Act, 2013, these exemptions had stood withdrawn and these Companies were also being treated on par with any other Public or Private Company barring minimal reliefs which were granted in the Act itself, like relief in not affixing the word Private Limited or Public Limited in their name.
Companies Amendment Act, 2015 which came into effect from 29th May, 2015 principally aimed at the ease of doing business and brought some landmark changes with it in the newly effected Companies Act, 2013. Some of these amendments will provide the necessary relief to Corporates, and also bring certainty to certain other relaxations that were earlier provided through the rules accompanying the Act.
Amitav Ganguly MANDATING AND MEANING OF DIVERSITY The listing agreement under Securities Contracts {Regulation} Act 1956, for the first time has mandated companies whose shares are listed on stock exchanges to formulate, publish and implement a Board Diversity Policy. The term “diversity” of Board of Directors {Board} has not been defined in the Companies Act […]