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 shall discuss about Board’s Report. Board’s Report is a mandatory filling under Companies Act, 2013. The Section which relates to the Board’s Report is Section 134 of the Companies Act, 2013. This is required to be filed as an attachment in Form AOC-4 with Ministry of Corporate Affairs (MCA).
Procedure for appointment of First Auditors and Subsequent Auditors under the Companies Act, 2013 of Government Company and for Companies other than Government Company. COMPANY OTHER THAN GOVERNMENT COMPANY FIRST AUDITOR SUBSEQUENT AUDITOR First auditor shall be appointed by the Board within 30 days of incorporation; Board Resolution for recommending appointment of auditor in the […]
Article explains Events Where E-Form MGT-14 to be Filed Under the Companies Act, 2013 for all Companies including Private Limited Companies and for companies other than Private Limited Companies. FOR ALL COMPANIES INCLUDING PRIVATE COMPANIES SR. NO. APPLICABLE PROVISIONS EVENT 1. Section 117(3)(a) Special Resolutions 2. Section 117(3)(b) Resolutions agreed to by all the members […]
Unfolds New Professional Opportunities Available For The Chartered Accountants (CAs) In The Role Of Insolvency Professional And How To Be One? Introduction: Chartered Accountants especially due to their expertise whether it is in finance, advisory, management or audit are in an advantageous position to play huge role in the insolvency resolution domain. The Insolvency and […]
Section 135(1) of the Companies Act 2013, deals with the CSR provisions and constitution of CSR committee. Modes of spending CSR expenditure: As per Rule 4(2), Companies can spend on CSR activity through any of the below 3 ways. 1. Eligible Companies coming together to form a Trust, Society, or Section 8 Company for conducting CSR […]
Generally, there are two types of shareholders in the company- Registered shareholder and Beneficial Shareholder. Registered shareholders are those whose names are registered as shareholder in the register of members of the company. On the other hand, beneficial shareholders are that shareholders whose name is not entered in the register of members however they hold […]
As per the ICSI UDIN Guidelines, 2019, UDIN shall be generated for the following services rendered by a PCS- 1. Certification of Annual Return in Form MGT-8 under Section 92(2) of the Companies Act, 2013 and Rule 11(2) of the Companies (Management and Administration) Rules, 2014. 2. Issuance of Secretarial Audit Report in terms of […]
Rule 8(b) provides a relaxation to a reporting company which prima facie required to comply with the requirements of Companies (Significant Beneficial Owners) Rules, 2018 (hereinafter referred to as “SBO Rules”), but if Rule 8(b) is applicable, then despite such company having a clearly identifiable SBO, shall not be required to file particulars of such SBO in Form BEN-2.
Private Company means: Sec 2(68) defined Private Company as a Company having a minimum paid up share capital, as may be prescribed and which by its articles: a) restricts the rights to transfer its shares if any; b) limit the number of member to 200, not including:- i) persons who are in the employment of […]
You know that a company is a legal entity under provisions of the Companies Act,2013 separate from its promoters, members and other stakeholders. Being a corporate person an an artificial person a company does has its own mind to perform its business.
