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.
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CA, CS, CMA : A comprehensive guide covering 175 legal compliances for July 2026 under FEMA, Income Tax, GST, SEBI, Companies Act, Labour Laws, ...
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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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Issuing shares to a select group of people like friends & family, angels or VC? Brace up, the new Companies Act 2013, provides for lengthy compliance procedures. Unlike before, even a private limited company has to follow the processes for private placement of securities. Securities means equity shares, preference shares and debentures, convertible instruments, redeemable […]
If the issuance of security is for a select group of people, called Private Placement, please refer to our post here- Private Placement under the Companies Act, 2013. If you wish to issue shares to existing equity shareholders, then read on. When a company proposes to increase the share capital by issue of equity, convertible […]
To make things absolutely clear it is hereby notified that the financial statements (and documents required to be attached thereto), auditors report and Board’s report in respect of financial years that commenced earlier than 1st April, 2014 shall be governed by the relevant provisions/Schedules/rules of the Companies Act, 1956.
Loans are the major source of funding for most of the Companies apart from their Share Capital. Companies borrow from various sources like banks and various other financial institutions. Where public limited companies borrow from mass public by accepting public deposits private companies are strictly prohibited from accepting any loan or deposits from the public. […]
Restriction on granting of loan to its directors by a company and other entities in which directors are interested has been one of the most touching issues in the Companies Act, 2013, since 12th September 2013, when Ministry of Corporate Affairs notified 98 Sections of the Companies Act, 2013 to become effective and applicable from that date.
Effective Date for CSR Applicability – Section 135 of the Companies Act 2013, Schedule VII and the relevant rules, namely Companies (Corporate Social Responsibility Policy) Rules, 2014 have been notified to become effective from 01st April 2014 vide MCA notification dated 27.02.2014.
283 sections of the Companies Act 2013 have been made effective now. Private Companies have also been brought under the purview of the compliances of Companies Act 2013. Earlier private companies were allowed to take loans from relatives and shareholders which were the major sources of funds for most of the private companies apart from banks.
Towards the implementation of the Companies Act, 2013, the Ministry of Corporate Affairs has notified another 183 sections of the Act which will be made applicable from 1st April, 2014. List of Sections of Companies Act 2013 which are made applicable by the Ministry of Corporate Affairs w.e.f 1st April, 2014. Chapters Sections Notified Chapter 1Preliminary Definitions […]
CA Pallavi Agrawal The Ministry of Corporate Affairs has notified Section 135 and Schedule VII of the Companies Act 2013 as well as the provisions of the Companies (Corporate Social Responsibility Policy) Rules, 2014 to come into effect from April 1, 2014 vide its notifications dated 27.02.2014.
Towards the implementation of the Companies Act, 2013, the Ministry of Corporate Affairs notified another 183 sections of the Act which will be made applicable from 1st April, 2014. As of now ,a total of 282 sections ( 99 sections were notified earlier) have been cleared along with the Set of Rules for operationalization of the Act and to make law at par with the International best practices and procedures.
