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 : Understand foreign contribution, FCRA eligibility, Section 2(1)(h), Section 3 prohibitions, and registration requirements under th...
Company Law : Learn which companies must file MGT-7 or MGT-7A, when MGT-8 certification is mandatory, and how the Companies (Management and Admi...
CA, CS, CMA : A comprehensive guide covering 175 legal compliances for July 2026 under FEMA, Income Tax, GST, SEBI, Companies Act, Labour Laws, ...
Company Law : Learn how the Companies Act, 2013 regulates managerial remuneration through profit-linked limits, approval requirements, and gover...
Company Law : The article explains that SBI and PNB are statutory bodies created under separate Acts and are therefore not governed by the Compa...
Company Law : ICSI has urged the MCA to ensure eligible companies comply with Section 203 by appointing Whole-time Company Secretaries. The repr...
Corporate Law : NSO has launched the Annual Survey of Incorporated Services Sector Enterprises (ASISSE) to collect comprehensive economic and oper...
Company Law : ICSI has requested the MCA to grant compliance relaxations following technical disruptions caused by the Data Centre fire. The pro...
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 : Madhya Pradesh HC dismissed a winding up petition, holding that a bona fide dispute over liability required adjudication before th...
Company Law : The NCLAT held that CFO nominees must satisfy the eligibility requirements under Section 203 of the Companies Act. It set aside th...
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Company Law : MCA has allowed companies to file Form DPT-3 for FY 2025-26 without additional fees until 31 July 2026 due to disruptions caused b...
Company Law : MCA notifies the New Development Bank under Section 2(11)(ii) of the Companies Act, 2013, specifying it as a body corporate for th...
Company Law : ROC Mumbai penalized a director after Form AOC-4 contained an incorrect AGM due date. The order emphasizes that directors are resp...
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Schedule II of the Companies Act 2013, replaced Schedule XIV of the Companies act 1956 provisions governing the charge of Depreciation. The Companies Act 2013 requires companies to charge Depreciation as per Schedule II which provides useful lives to compute depreciation.
The major features of this free utility includes: (version 1.5) 1. Auto calculation of itemized depreciation for New Assets as per Schedule II and subsequent years’ depreciation on itemized assets. 2. Calculation of tentative date of addition for additions made before 31st March 2014.
Nikita Bhatia With a constant attempt to make the law simpler for entrepreneurs and promote & support new and existing business, the Government has bought in substantial changes through the Companies (Amendment) Act, 2015, which got the Presidential Assent on the 25th of May, 2015. This reflects the Government’s willingness to boost and promote the […]
Provisions of section 43 and 47 deals with the kinds of shares which may be issued by a Company and the voting rights attached to such shares. In this article we will analyze the present law with reference to the issue of shares without voting rights.
MCA has issued exemption vide Notification dated 05/06/2015 under section 462 of the Companies Act 2013 providing necessary exemptions to private company other than subsidiary of public companies from the provisions of Companies Act, 2013. Summary of such exemptions to private company other than subsidiary of the Public Companies from the provision of the Companies Act, 2013 is as follows :-
In this article I have compared provision related to Depreciation & Amortization under Companies Act, 1956 and Companies Act, 2013. I have explained the same in tabular form, in simple manner for better understanding of readers-
According to the UNIDO3, Corporate social responsibility is a management concept whereby companies integrate social and environmental concerns in their business operations and interactions with their stakeholders. CSR is generally understood as being the way through which a company achieves a balance of economic, environmental and social imperatives (Triple-Bottom-Line Approach)
In this article I will be discussing all aspects of CARO, 2015, its applicability and its reporting requirements as well. First of all I would like to draw your attention to Section 14(11) of Companies Act, 2013 from where CG used the power and published CARO, 2013.
Earlier the provisions of Annual Return were governed under Section 159,160,161, 162 & Schedule V of the Act, 1956 where as now the all the sections are merged into one hut under Section 92 of the Act, 2013 excluding format for the same which is provided in Form No. MGT-7 prescribed in Rule 11 of the Companies (Management & Administration) Rules, 2014.
As per Section 2(31) of Companies Act, 2013,deposit includes any receipt of money by way of depositor loan or in any other form by a company, but does not include such categories of amount as may be prescribed in consultation with the Reserve Bank of India.
