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 : Ensure compliance with ROC filing requirements for the financial year 2023-24 in 2024-25. Understand deadlines for various e-Forms...
Company Law : Understand the mandate of appointing internal auditors as per Section 138 of the Companies Act 2013. Explore the criteria for mand...
Company Law : Learn about compounding under the Companies Act, 2013, its concept, procedure, and benefits, helping companies resolve unintention...
Company Law : Learn how shareholders agreements safeguard rights and outline responsibilities. Discover their role in corporate governance and l...
Company Law : Article explains provisions of Chapter XXII of Companies Act, 2013, governing establishment & commencement of operations by forei...
CA, CS, CMA : ICMAI issues advisory for members regarding Annexures in Cost Audit Reports & timely submission. Ensure compliance for statutory r...
Company Law : Delve into the NFRA order controversy with detailed analysis on penalty imposition, opinion disparities, and key issues. Gain insi...
Company Law : IEPFA invites stakeholders to share insights on streamlining claims settlement process under the Companies Act, 2013. Deadline: Ap...
Company Law : Dive into NFRA detailed Financial Reporting Quality Review (FRQRR) of PSP Projects Ltd. Uncover high and low impact observations, ...
Company Law : The Institute of Chartered Accountants of India FAQs Frequently Asked Questions on Maintenance of Cost Records and Audit thereof U...
Corporate Law : Delhi High Court refuses interim relief against NFRA penalties imposed on CAs and CA firm in the Reliance Capital audit lapses cas...
Company Law : Kerala High Court issues directions on Nidhi Companies' status, highlighting concerns over recent amendments, financial regulation...
Corporate Law : Insolvency And Bankruptcy Board of India Vs Satyanarayan Bankatlal Malu & Ors (Supreme Court of India) The recent Supreme Cour...
Income Tax : Learn why AJR Infra's deduction claim under section 80IA of the Income Tax Act was rejected by ITAT Mumbai, citing its role as a w...
Corporate Law : Read about the interim relief denial by Competition Commission of India in the case of People Interactive India Private Limited vs...
Company Law : The NFRA fines Shridhar & Associates and CA Ajay Vastani for professional misconduct in auditing RCFL's financials for FY 2018-19....
Company Law : MCA imposes hefty penalties on Pratapraisons Textiles Pvt Ltd & directors for failing to file e-Form CHG-4 for charge satisfaction...
Company Law : Learn about the penalty imposed on Shree Auro Iron Limited and its Managing Director for violating dematerialization rules under t...
Company Law : MCA imposes Rs. 6 Lakh penalty on M/s Peoples International & Services Pvt Ltd and its directors for failure to file e-Form DIR-12...
Company Law : Read about the penalty imposed by MCA under Companies Act, 2013 for not passing a resolution before raising a loan. Detailed analy...
The voluntary winding up process applies where the directors and shareholders decide to cease trading their solvent limited company. BOARD MEETING 1. call board meeting and pass a resolution for proposal of voluntary liquidation of the company. 2. Prepare a declaration from majority of the directors of the company verified by an affidavit stating that:. […]
Acceptance of Deposit and provide loan to its member is one of the main reason for starting a Nidhi Company. We will discuss about how much Nidhi can take deposit from members and how much loan can provide to its members. APPLICABILITY OF NIDHI RULES 2014 This rule shall apply to ♦ Every company which […]
MSME FORM I (Form for furnishing half yearly return with the registrar in respect of outstanding payments to Micro or Small Enterprises.) Relevant section of the Companies Act,2013 The e-Form MSME I is required to be filed under Order dated 22 January 2019 issued under Section 405 of the Companies Act, 2013. Intent of the […]
COMPLIANCE CALENDER FOR “ANNUAL COMPLIANCES FOR FY 2022-23” W.R.T. ROC & RBI S. No Form which to be filed To be Filed with Applicability Last Date of Filling Applicable on Pvt/ Public Company 1 MSME FORM-I ROC Form for furnishing half yearly return with the ROC in respect of outstanding payments beyond 45 days to […]
If a company needs money without reducing its equity status, the Company selects a Debentures Issue. It is a debt to the Company. It is similar to borrowing money that needs to be repaid over a while. Debentures have a fixed interest rate. Both organizations and governments often issue debentures to raise funds or capital. […]
With the Corporate Social Responsibility (CSR), Companies are able to develop their own social investment strategies and decide where to invest and implement programs, but the government has recommended particular areas of need, including eradicating hunger and poverty, maternal and child health, promoting gender equality and environmental sustainability etc. Companies should give preference to the […]
Provided further that in case of a Company being incorporated as a Nidhi, the declaration by the Central Government under section 406 of the Act shall be obtained by the Nidhi before commencing the business and a declaration in this behalf shall be submitted at the stage of incorporation by the
This article enlightens about the company’s compliance with the Companies Act 2013 and the latest amendments thereof. The Ministry of Corporate Affairs in the early months of the new calendar year i.e. 2022 has issued various notifications introducing new Compliances and reporting requirements in the Corporate Circle. Every company registered in India must abide by […]
Smarkworks Coworking Spaces Pvt. Ltd Vs Turbot HQ India Pvt. Ltd. (NCLT Cuttack) The Liquidated Damages will crystalize only after the adjudication by the competent Civil Court. This cannot be determined in the Insolvency Proceedings; undecided claim cannot be used to bring an application for insolvency. When the agreement is engrossed on unstamped paper, the […]
As per Rule 3 (da) of Nidhi Rules, 2014, ‘Nidhi’ means a company which has been incorporated as a Nidhi with the object of cultivating the habit of thrift and saving amongst its members, receiving deposits from, and lending to, its members only, for their mutual benefit, and which complies with the rules made by […]
