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 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...
Company Law : ROC Kolkata penalised a private company and its directors for non-filing of annual returns under Section 92 of the Companies Act, ...
Company Law : ROC Kolkata penalized a company and its directors for delayed transfer of unspent CSR funds to the Swachh Bharat Kosh. The order h...
Company Law : ROC Cuttack imposed penalties for failure to print mandatory contact information on company letterheads under Section 12(3)(c). Th...
The Provisions of Significant Beneficial Ownership (SBO), in a different form, been part of the Companies Act, 1956, under section 180(7) (3). The new avatar comes under Section 90 of the Companies Act, 2013, as amended in 2017. The issue of the misuse of multi-layered corporate entities has grabbed attention of various policymakers and regulators. […]
It is stated that the issuance of any clarification on different provisions of Companies Act falls in the domain of this Ministry, and ICAI is neither empowered nor competent to issue such clarification and especially so without prior consultation with this Ministry.
SEBI comes out with format for annual secretarial audit of listed entities and their material subsidiaries Sebi on February 8, 2019, came out with the format for listed entities for preparing their annual secretarial audit and compliance reports to implement the recommendations put forth by the Kotak Committee with regard to Secretarial Audit. Every listed […]
The Ministry of Corporate Affairs notified Section 248 of the Companies Act, 2013 on December 26, 2016. The section deals with the power of the Registrar to remove name of a Company from the Register of Companies. This section provided an opportunity to defunct/inactive Companies to get their names struck off from the Register. It […]
The Rules, as name suggests, provide for a declaration by the Company to ROC about the Significant Beneficial Owner and compliance related to the same to enable Government authorities to keep a track of the actual holders of the ownership of the corporate entity.
Company shall disclose/publish its name, address of its registered office, the Corporate Identity Number, Telephone number, fax number if any, email and the name of the person who may be contacted in case of any queries or grievances on the landing/home page of the said website. Company should also disclose its website address on its […]
Rule 16 of The Companies (Acceptance of Deposits) Rules, 2014 prescribes about the Return of Deposits to be filed with the Registrar. A new Explanation has been added via this amendment. It says
eForm INC-22 (Notice of situation or change of address of the registered office of the company) – Article explains Law(s) Governing the Form INC-22 , Purpose of the eForm INC-22 , Form Number as per Companies Act, 1956, Specific Instructions to fill the Form INC-22 at Field Level, Time Limit for filing of Form […]
As per the Latest Notification, the company shall submit a half yearly return to the Ministry of Corporate Affairs by stating the details of the amount of payment due to Micro and Small Enterprise Suppliers along with the reason of delay. The clarification of said notification as in following points:
Companies (Significant Beneficial Owners) Amendment Rules, 2019- New Rule Analysis As per New Rule, Reporting Company have to find out about the SBO, identify the individual and cause such individual to make a declaration to the Reporting Company in Form No. BEN-1 (Physical Form). This form shall be filed by the individual who is the SBO to […]
