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...
According to Section 2(37) of companies Act, 2013, Employees stock option schemes is an option given to the directors, employees or officers of the company or its holding and subsidiary company, the right to purchase or benefits or subscribe for the shares of the company at the pre determined price for a future dates. Therefore […]
DEFINITION: According to section 2 (16) of Companies Act, 2013 – Charge means : -an interest or lien -created on the property or assets of a company or any of its undertakings or both -as security and includes a mortgage TYPES OF CHARGE: Fixed Charge Floating charge Charge created on specific & identifiable assets. Eg: […]
MCA NOTIFICATION & ITS EFFECTS Situation Before Notification ♦ MCA in its Notification on 28 August 2020 has notified section 92(3) w.e.f 28-August-2020 which states that every company shall place a copy of the annual return on the website of the company, if any, and the web-link of such annual return shall be disclosed in […]
Article on Compliances by the Private Company after Incorporation covers the Timeline for First Board Meeting, Appointment of Auditor, Opening Current Account, Form INC-20A, Declaration of Commencement of Business, Issue Share Certificate, Holding of Board Meetings, Maintenance of Statutory Registers and Records, Disclosure of Interest by all the directors of the Company, Statutory Audit of […]
LOAN AGREEMENT THIS LOAN AGREEMENT (this Agreement) is MADE AND ENTERED INTO AT JAIPUR ON THIS 26TH AUGUST, 2021 BETWEEN: Mr. ________________ son/Daughter of Shri ________________ residing at ________________ (hereinafter referred to as the “Lender”,) which expression shall, unless repugnant to the context or meaning thereof, be deemed to mean and include his heirs, administrators, […]
The concept of Section 8 companies was introduced in Companies Act that permitted companies with charitable objects etc. to be registered without the words ‘Limited’ or ‘Private Limited’. The restriction was that the Companies were permitted to use the profits only for the purpose for which the company was promoted and there was a prohibition […]
Government cautions stakeholders as 348 companies fail to meet requisite criteria for declaration as Nidhi company under Companies Act 2013 and Nidhi Rules 2014 Under section 406 of the Companies Act, 2013 (CA, 2013) and Nidhi Rules, 2014 (as amended), companies incorporated as Nidhi Companies need to apply to the Central Government in form NDH-4 […]
MCA has vide General Circular No. 14/2021 dated 25.08.2021 issued updated FAQs on Corporate Social Responsibility (CSR) and withdrawn 4 earlier FAQs and clarifications issued by it from time to time. The FAQs on CSR broadly covers Applicability of CSR, CSR Framework, CSR Expenditure, CSR Activities, CSR Implementation, On-going Project, Treatment of Unspent CSR Amount, […]
An Independent Director is one who can give an independent assessment of the company, in particular on the questions of strategies, productivity, risk evaluation, capabilities and ethical standards. They are the ones whose duty is to provide an impartial and informed evaluation in the assessment of management and board performance.
Corporate Social responsibility The Concept of mandatory contribution towards Corporate Social responsibility (CSR) might be very new to us but in India, the concept of ‘Social responsibility‘ very much older. If we talk about social Responsibilities of a person then different religions have their own philosophies and doctrines about social responsibilities in different context. In […]
