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 : Discover the key changes in the Nidhi (Amendment) Rules, 2024. Learn how the new rules impact Nidhi companies and their naming con...
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...
MCA on 1 Feb. 2021 has made some amendments with 3 different notifications. Let us know about those amendments through this article. Summary of amendments made (a) Amendment in definition of Small company (b) Extending Scope for Mergers and Amalgamations for startup companies (c) Reducing the no. of days to check residence criteria of directors […]
A. ONE PERSON COMPANY 1. Who can Incorporate OPC : Current Provisions OPC can only be incorporated by a natural person who is an Indian citizen and resident in India Proposed by Union Budget 2021-22 Now OPC can also be incorporated by Non- Resident Indian (NRI). 2. Who will be considered as resident in India […]
Union budget 2021-2022 introduce foremost impact on companies act by amendment in definition of small company and setting up or incorporation rules of one person company in India. CHANGE IN DEFINITION OF SMALL COMPANY Existing definition: – small company means a company, other than a public company which fulfil following conditions: – (I) Paid up […]
This Article explains Relaxations Under Companies Act, 2013 Due To Covid-19 as announced by Government from time to time. All the relaxation right from 18th March 2020 are been mentioned date wise with Description of Relaxation provided. Date Description of Relaxation 18th March, 2020 Relaxed the requirement of holding Board meetings with physical presence of […]
Shikha Sharma Bagga Vs Union of India and Anr (Delhi high court) High Court in a Interim order Observed that A perusal of Section 7(1) (b) of the Companies Act, 2013, clearly shows that Advocates can file documents for incorporation of a Company. This would be true even in the case of LLPs. The MCA’s […]
Amendments in Companies (Incorporation) Rules, 2014 vide Companies (Incorporation) Second Amendment Rules, 2021 Following Rules of Companies(Incorporation) Rules, 2014 has been amended- Rule 3, 6, 7 and Annexure Summary of amendments made (a) Reducing the no. of days to check residence criteria of directors. (b) Omitting limit of Turnover and paid up share capital for […]
1. The Ministry of Company Affairs ‘ MCA’ vide Companies (CSR Policy) Amendment Rules 2021 shifted CSR spending mandatory from the voluntary. In this article, an attempt has been made to cover all the amendments read with statutory provisions under section 135 of Companies Act, 2013. 2. EFFECTIVE DATE – [Rule 1(2)]: The Amendment Rules […]
1. Brief Background a) The Company law in India mandates certain category of companies to carry out Corporate Social Responsibility (CSR) activities mandatorily. Section 135 of the Companies Act, 2013 enlists the companies which are mandatorily required to comply with the CSR requirements, which are: i. Net worth of Rs. 500 crore or more, ii. […]
Article explains form to be filed with Registrar of Companies for Change of Name of Company under Companies Act, 2013 and Attachments to be filed with form and Relevant Sections for the same. Change of Name of Company S.No. Form Particulars Attachments Relevant Section 1 Proposed company needs to reserve the name New Name (Two […]
Process for Appointment of Foreign Director in Indian Company under Section 152 of Companies Act, 2013 mentioning the form to be filed with Ministry of Corporate Affairs (MCA) and relevant attachments. Appointment of Foreign Director(Section 152) S.No. Form Particulars Attachments Relevant Section 1 SIFY FORM NRI/ Foreign National is required to obtain Digital Signatures. 1. […]
