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 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 : The article examines the Hamlin Trust ruling, where the NCLAT held that CFO appointments must satisfy Section 203 eligibility requ...
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...
Company Law : Where a composite scheme of arrangement satisfies the procedural requirements of sections 230 to 232 of the Companies Act, 2013 an...
Company Law : NCLT Mumbai compounded the offence for failure to hold the AGM within the time prescribed under Section 96 of the Companies Act, 2...
Company Law : The NCLT Ahmedabad refused to condone a 4,215-day delay in filing an appeal for restoration of a struck-off company. The Tribunal ...
Company Law : MCA extends the Companies Compliance Facilitation Scheme, 2026 up to 31 August 2026 due to data center restoration following the...
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...
Company Law : ROC Mumbai imposed a penalty after finding that an individual held two Director Identification Numbers in violation of Section 155...
In this article we are going to discuss provisions of Section 186 of Companies Act 2013, under this article we are discussing about Loan and investment by company and what are the conditions to give such loans and investments.
[Section 55 of the Companies Act, 2013 read with Rule 9 & 10 of the Companies (Share Capital and Debentures) Rules, 2014] If the Company intends to issue Preference Shares, then the Company shall follow the following procedure; SR. NO. COMPLIANCE ACTION 1. Check whether authority to issue Preference Shares is there in the Articles […]
eXtensible Business Reporting Language (XBRL) is a language for the electronic communication of business and financial data which is revolutionizing business reporting around the world. It provides major benefits in the preparation, analysis and communication of business information. Use of XBRL has resulted in cost savings and greater efficiency to all those involved in supplying […]
Nidhi Company Nidhi Companies are incorporated with motive of encouraging the habit of savings amongst its members. Nidhi Companies are allowed to deal with members only which means that Nidhi Companies can take Deposits from and lend only to its members. It is much easier to form a Nidhi Company with very less time and […]
Article explains provisions related to Compounding of delay in Annual General Meeting (AGM) holding under Companies Act, 2013 read with Companies (Management and Administration) Rules, 2014. It explains about Extension of AGM, Penal Provisions related AGM, Practical problems w.r.t AGM after due date and Compounding Law with RD or NCLT. Compounding of delay in Annual General Meeting Basic […]
DECLARATION OF DIVIDEND SECTION 123 TO SECTION 127 OF THE COMPANIES ACT 2013 READ WITH COMPANIES (DECLARATION AND PAYMENT OF DIVIDEND) RULE 2014 Definition of Dividend Section 2(35) of Companies Act 2013 dividend includes interim dividend. Interim Dividend Means – The Dividend which is declared between financial year/ Calendar year (Company follows) Sum of money […]
Conversion of Private Company into OPC A private company other than a company registered under Section 8 companies Act 2013, who having a share capital of 50 lakhs rupees or those having an average annual turnover in past 3 consecutive years is up to 2 crore rupees during the relevant period, may convert into one […]
Brief on amendments to Schedule III Division I to the Companies Act (for Companies whose financial statements are required to comply with the Accounting Standards). modified vide notification dated March 24, 2021 applicable to accounting years commencing on or after April 1st, 2021 Additional Disclosure are as under: ♦ For Balance Sheet > Shareholding of Promotors: […]
If the Company is having Share capital, then firstly the question of transferability of share capital arises. So, to transfer shares there is Company Law which governs the transfer. These are provisions of Companies Act, 2013 which has to be kept in mind while transfering the share. Section 56 and Section 88 As per section […]
The Chairman informed that to obtain approval of shareholders for preferential allotment of shares to concerned allottees and any other matter with consent of shareholders, it was required to convene Extraordinary General Meeting of the Company. After some discussion the following resolution was passed:
