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 : Learn about CARO, 2020 guidelines for reporting loans, guarantees, security, and investments by companies to ensure compliance and...
Company Law : Ensure compliance with updated Reporting on Audit Trail under Rule 11(g) of the Companies (Audit and Auditors) Rules, 2014 for 202...
Company Law : Explore various threshold limits under the Companies Act, 2013, with detailed compliance requirements for listed, public, and priv...
Company Law : Understand the latest changes in DIR-3 KYC, including rules for updating email IDs and mobile numbers, fees, and filing details. L...
Company Law : Understand the nuances of signing board reports and financial statements under Companies Act and SEBI (LODR). Learn who must sign ...
Company Law : Discover the challenges faced by the Institute of Company Secretaries of India in filing Form DPT-3 for FY 2023-24. Learn about te...
Company Law : Explore the challenges faced by newly incorporated companies regarding mandatory ESI and EPF registrations in India, with proposed...
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 : Explore the issues and challenges in processing MCA forms at CPC. Learn about the proposed solutions for timely approval and the i...
CA, CS, CMA : Read the full NCLT judgment/order on Union of India Vs CA. Ramaiah Nataraja. Bengaluru CA barred from statutory auditor role for c...
Company Law : Explore the Calcutta High Court's decision in Uphealth Holdings, INC. Vs Dr. Syed Sabahat Azim & Ors. regarding the applicability ...
Company Law : Explore the implications of issuing duplicate debenture certificates under the Companies Act, 2013. Learn about legal remedies, as...
Company Law : Read the NCLT judgment approving the demerger scheme between Raymond Limited and Raymond Lifestyle Limited. Detailed analysis and ...
Company Law : Full text of the NCLT Mumbai judgment in Ajay Tajpuriya vs Goel Ganga Infrastructure case. Detailed analysis of the order concerni...
Company Law : General Circular No- 07/2024: Forms IEPF-3 merges with IEPF-4 and IEPF-7 with IEPF-1 in MCA Version 3. Simplifying compliance for ...
Company Law : Circular No. 06/2024 MCA has waived the additional fee for filing various IEPF e-forms (IEPF-1, IEPF-1A, IEPF-2, IEPF-4) and e-ver...
Company Law : IEPF Authority (Accounting, Audit, Transfer and Refund) Amendment Rules, 2024: Streamlining online transfers and updated forms. Re...
Company Law : Check out the latest Companies (Incorporation) Amendment Rules 2024 issued by Ministry of Corporate Affairs, omitting word Nidhi f...
Company Law : Multiple Updates of Mobile Number or Email Address in DIN Allowed by MCA by submitting e‑form DIR‑3 KYC on payment of fees of ...
Section 185 of the Companies Act, 2013 states that no company is allowed to make, advance any loan, that includes the loan to constituted by a book debt to, or provide any guarantee or give any security relatedany loan taken by,— 1. Any director of company, or of a company that is its holding company […]
Introduction: NGO’s is an organization that operates for non-profit purposes. A Section 8 Company is regulated under the Companies Act, 2013 (‘Act’), governed by the Ministry of Corporate Affairs. As per Section 8 of the Companies Act, 2013 it is proved to the satisfaction of the Central Government that a person or an association of persons proposed […]
ndia’s social consciousness is deeply engraved with the generosity of social service, which have evidently existed in various forms since ages, like the concept of daana, dakshina, bhiksha etc. There are many different ways through which individuals, companies etc. can help bring wellbeing, prosperity to one’s life as well as society at large.
A Section 8 Company is a not-for-profit organization which basically, needs to adhere to the following three conditions: 1. The Company has in its objects the promotion of commerce, art, science, sports, education, research, social welfare, religion, charity, protection of environment or any such other object; 2. intends to apply its profits, if any, or […]
In this write-up, we will discuss the meaning of the Financial Year for the company incorporated after 1st January. In Companies Act, 2013 only define Financial Year. However, “the year” is not defined. So the definition under the General Clauses Act, 1897 will be applicable, and as per the General Clause Act, 1897, year means […]
Article explains what is Memorandum of Association (MOA), Clauses under Memorandum of Association, What is Article of Association (AOA) and What an Article of Association contains. MOA AND AOA OF A COMPANY UNDER COMPANIES ACT, 2013 MEMORANDUM OF ASSOCIATION (MOA): THE MEMORANDUM OF ASSOCIATION, as observed by Palmer, ‘is a document of great importance in […]
OVERVIEW OF BOARD COMMITTEE AUDIT COMMITTEE: Section 177 of the Companies Act, 2013 The Audit Committee is required to be formed by the following companies: 1. Every Listed Public Companies OR Every Public Companies with: 1. Paid up capital of Rs. 10 crores or more OR 2. Turnover of Rs. 100 crores or more OR […]
SECTION 173: 1. First Board Meeting of the Company shall be held within 30 days of the date of incorporation. 2. A minimum of four meetings shall be held every year and the gap between two such meetings shall not be more than 120 days. 3. Secretarial Standard on Board Meetings (SS-1) has been issued […]
Alteration In Charter Documents of The Company Alteration of Memorandum of Association Alteration In Charter Documents of Company – Alteration of MOA ALTERATION IN CHARTER DOCUMENTS OF THE COMPANY ALTERATION OF MEMORANDUM OF ASSOCIATION: 1. Change in Name clause: The name of the company can be changed by passing special resolution and with written approval […]
OVERVIEW OF DIRECTORS IN A COMPANY MEANING: According to Section 2(34) of the Companies Act, 2013 a director is director who is appointed to the Board of the company. According to Section 2(10) of the Companies Act, 2013 Board or Board of Directors in the company means the altogether body of the directors of the […]
