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 : Section 56 of Companies Act, 2013 requires execution of a proper instrument of transfer for transfer of interest of a member in a ...
Corporate Law : The article explains how digital adjudication systems, virtual hearings, and online compliance platforms are reshaping India’s c...
Company Law : This guide explains the legal process for striking off companies under Section 248 of the Companies Act, 2013. It covers eligibili...
Company Law : The Corporate Laws (Amendment) Bill, 2026 proposes sweeping reforms to improve corporate governance, digital compliance, and globa...
CA, CS, CMA : The article explains how buy-back taxation shifted from company-level tax to shareholder taxation under the Finance Act, 2024 and ...
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 : ICSI recommended restoring public access to basic company master data without mandatory login requirements. The representation sta...
Company Law : NFRA introduced guidelines to evaluate audit firms’ compliance and quality control systems. The framework emphasizes governance,...
Company Law : ICSI highlights delays in marking defective forms by RoCs under CCFS 2026. It urges MCA to mandate time-bound processing or allow ...
Company Law : The issue is ambiguity in filing authority during liquidation. ICSI has requested clarity to enable liquidators to maintain statut...
Company Law : The Madras High Court permitted Nidhi companies to submit fresh replies against NDH-4 rejection orders and directed authorities to...
Company Law : Legal Analysis and Narrative Brief: Dale and Carrington Investment Pvt. Ltd. and Another v. P.K. Prathapan and Others (Supreme Cou...
Company Law : The case examined whether Tribunal approval was required for extending preference share redemption. It was held that such extensio...
Company Law : The Tribunal held that allegations of siphoning ₹30 lakh were not supported by any evidence tracing funds to the respondent. Mer...
Company Law : The Court held that a separate meeting of sub-class shareholders is not required when identical terms are offered to the entire cl...
Company Law : ROC Chandigarh penalised a company and its directors after finding that financial statements and Board Reports were not approved t...
Company Law : ROC Chandigarh penalised a company and its directors for not filing financial statements from FY 2017-18 to 2022-23 within the sta...
Company Law : ROC Chandigarh penalized a company and its directors under Section 92(5) of the Companies Act for non-filing of annual returns fro...
Company Law : ROC Kolkata imposed penalty on an auditor after finding that depreciation on building assets was not charged in the financial stat...
Company Law : ROC Kolkata imposed penalty on an auditor after finding that material investment disclosures required under Schedule III of the Co...
Draft format of DIR-5 Attachments – Application for surrender of DIN and Affidavit by Director This article contains the draft format of: 1. Application required to be filed as an attachment of form DIR-5 to surrender DIN of those Directors who have multiple DIN. 2. And Affidavit for the same. ————————————— Date: ______ To, The […]
Form NFRA-1 is notified by MCA vide Notification dated 13th November 2018 for the purpose of Notice to the Authority by a body corporate regarding its auditor. Provision: Pursuant to section 132 of the Companies Act, 2013 and Rule 3(2) and 3(3) of the National Financial Reporting Authority Rules, 2018. Classes of companies and bodies […]
The Supreme Court recently set aside order of compulsory and forced merger between 63 Moons Technologies Ltd (Formerly known as Financial Technologies India Ltd FTIL) and its subsidiary National Spot Exchange of India Ltd (NSEL). It was the first time in history that Govt. invoked Section 396, for non-government companies, which provides merger in the public […]
Amendments in Section 89 & 90 was one of the major amendments brought in by the Companies (Amendment) Act, 2017. Later on, MCA on June 14, 2018 through notification, has enforced the amended provisions of Section 90 of the Companies Act, 2013 and has introduced the Companies (Significant Beneficial Owners) Rules, 2018
Brief of the Details required for the purpose of MSME-1 & DPT-3 Details required for Form MSME-1 1. Total outstanding amount as on the date of notification i.e. 22ndJanuary 2019. 2. of Supplies for which the amount is due for more than 45 Days from the date of supply of Goods or Services. 3. Particulars […]
Draft Acknowledgement letter by Trust to Company On the letter head of the Trust Date… To, ABC Ltd, Address Sub: A BIG THANKS FOR YOUR GRATITUDE Dear Sir, We acknowledge with grateful thanks your kind donation of Rupees …………….vide Cheque No…………….. dated……………… to………………… Trust. We are enclosing our receipt no……………….. dated……………. We wish to express […]
Article explains Law Governing the file of MSME- I Form as notified vide Notification Date 22-01-2019, Due Date to File Return, Important Definition, Details Required in Form MSME-I, Procedure to file Form MSME-I, Penalty for Non-Filing of Form MSME-1 and Exemptions to the Rule related to filing of Form MSME-I. Governing Law MCA wide order […]
The Board’s Report is an important means of communication by the Board of Directors of a company with its stakeholders. The Board’s Report provides the stakeholders with both financial and non-financial information, including the performance and prospects of the company, relevant changes in the management and capital structure, recommendations as to the distribution of profits, […]
I. Companies (Appointment and Qualification of Directors) Second Amendment Rules, 2019. Insertion of New Rule 12B: ♠ In case Company fails to file e-form Active form before due date (i.e. 15thJune, 2019) then status of DIN of director of company shall be marked as “Directors of ACTIVE non- compliant Company”. ♠ Once director will file […]
Recently, Ministry of Corporate Affairs has introduced MSME FORM I pursuant to Order 2 & 3 dated 22 January, 2019 issued under Section 405 of the Companies Act, 2013 for furnishing Initial and Half Yearly return with the Registrar of Companies with respect to outstanding payments to Micro or Small enterprises. The intention of introducing […]
