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...
Companies Fresh Start Scheme, 2020 provides an opportunity for active companies who may have defaulted in filing of documents, to put their affairs in order. It thus provides Directors of such companies a fresh cause of action to also challenge their disqualification qua the active companies.
ICSI Unique Document Identification Number (UDIN) Guidelines, 2019 was amended by the Council meeting held on 13th July, 2020. The amendments shall be effective from 01st September, 2020. As per the Latest amendments, it is now mandatory to Generate UDIN in respect of the following also: 1. Certification of Annual Return in Form MGT – […]
Section 152 of the Companies Act,2013 is applicable on only: – Public Company Private Limited Company which is a subsidiary of a public company (Deemed Public Company) As stated in Section 152(6)(a) of the Act, unless the articles provide for the retirement of all directors at every annual general meeting. At least 2/3rd (two-third) of […]
MEANING OF MEMBER: As per Section 2(55) of Companies Act 2013 ‘member’, in relation to a company, means— (i) The subscriber to the memorandum of the company who shall be deemed to have agreed to become member of the company, and on its registration, shall be entered as member in its register of members; (ii) […]
The growing Indian economy is luring the foreign investors as well as Indian investors to start the business in this rapid growing nation. To cope up with the increasing rate of incorporations and to ease the business, MCA had constantly come up with some relaxing provisions and also to cut down the average time taken […]
Extension of Annual General Meeting (AGM) for the financial year ended as on 31st March,2020 through e-form GNL-1 Due to spread of novel corona virus pandemic and consequent nationwide lockdown announced by Government of India, several representations were made to Ministry of Corporate affairs (MCA) to allow companies to hold their annual general meeting (AGM) […]
According to Section 2(51) of the Companies Act 2013, Key Managerial Personnel in a Company are: -Chief executive Officer (CEO) OR the Managing Director. -Chief Financial Officer (CFO). -Manager -Company Secretary (CS). -Whole-Time Director. These are a group of people who are in charge of managing the operations of a Company; they are responsible for […]
The corporate law has brought various new schemes and amendments to the existing scheme in 2020. The various company law compliances are extended due to Covid -19 pandemic. Article contains summary of recent Important Notification/Circulars/Press Release issued by MCA, Compliance Calendar for Transactions related to F.Y. 2019-20, Detailed Analysis of Companies Fresh Start Scheme 2020 […]
The companies which are unable to hold their AGM for the financial year ended on 31.03.2020, despite availing the relaxations provided in the G.C. 20/2020 ought to file their applications in Form No. GNL-1 for seeking extension of time in holding of AGM for the financial year ended on 31.03.2020 with the concerned Registrar of Companies on or before 29.09.2020.
Deposits under Section 73 to 76A of Companies Act, 2013 (READ WITH DEPOSITS RULES 2014.) SECTION 73 TO 76A > Applicable to public as well as Private Company > Private- take deposit from member only Public- take deposit from member and public 1. Recurring deposits- Periodic interval 2. DD – Saving A/C when demand arises […]
