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 the rules for day, time, and venue of Annual and Extraordinary General Meetings under the Companies Act, 2013 and Secretaria...
Company Law : Learn about the disqualification of directors under the Companies Act, 2013. Explore personal and company-related offenses, remedi...
Company Law : Learn about cost audit applicability, exemptions, and compliance under Section 148 of the Companies Act, 2013, including regulated...
Company Law : Learn about the process, benefits, and drawbacks of converting loans into equity. Understand the steps involved, including shareho...
Company Law : Section 230 of Companies Act, 2013, outlines procedures for compromises and arrangements between companies and creditors or shareh...
Company Law : Overview of foreign company closures, active subsidiaries, job losses in the auto industry, and investment data from 2014 to 2024....
Company Law : Explore the latest status of the MCA21 e-Governance program, Certified Filing Centres in Haryana, impact on corporate filings, and...
Company Law : Govt. of India's recent measures to enhance corporate governance, prevent fraud, and ensure effective CSR practices. Insights on r...
Company Law : Discover how C-PACE accelerates the company exit process from 2 years to under 90 days, streamlining operations and reducing backl...
Company Law : Discover the latest data on Goa-based companies struck off and revived, plus insights on related amnesty programs from the Ministr...
Company Law : Supreme Court upholds NCLAT's decision, ruling that appeals filed beyond 90 days are not maintainable under Section 421(3) of the ...
Company Law : NCLAT New Delhi held that prior NOC from stock exchanges under Regulation 37(1)(2) the SEBI (Listing Obligation and Disclosure Req...
Corporate Law : NCLAT clarifies that non-declaration of dividend and director changes cannot be considered acts of oppression and mismanagement in...
Company Law : Delhi High Court held that timelines under Regulation 35A of the CIRP Regulations, 2016 for filing avoidance application are direc...
CA, CS, CMA : Read the full NCLT judgment/order on Union of India Vs CA. Ramaiah Nataraja. Bengaluru CA barred from statutory auditor role for c...
Company Law : Ministry of Corporate Affairs declares the National Bank for Financing Infrastructure and Development as a public financial instit...
Company Law : MCA amends Companies Rules 2016 with new provisions on mergers and amalgamations of foreign holding companies with Indian subsidia...
Company Law : The Ministry of Corporate Affairs has updated the IEPF rules to simplify the process for investors to claim lost or unclaimed secu...
Company Law : The Ministry of Corporate Affairs amends Companies (Ind AS) Rules, introducing new leaseback regulations. Effective from 9th Septe...
Company Law : NFRA penalizes CA Santosh Deshmukh ₹5L & 1-year debarment for audit lapses in Sanwaria Consumer Ltd's FY 2017-18 audit. Key audi...
Any defunct company desirous of getting its name struck off from the Register under Section 560 of the Companies Act, 1956 shall make an application (accompanied by filing fee of Rs. 3000) in Form EES, 2011, electronically on the Ministry of Corpora
Every company (Public or Private) being inoperative since formation or has not carried out any business activities since 1st April 2008 is eligible for winding up under the scheme. The company having following items in the balance sheet will not be eligible under the Scheme.
Shri Pranab Mukherjee, Hon’ble Finance Minister of India, while inaugurating the 42nd Regional Conference of SIRC at Kochi applauded the role of ICAI. He complemented the Institute ‘for its initiatives to work with financial institutions in streamlin
Gujarat High Court rejected a Scheme of Arrangement (Scheme) filed by Vodafone Essar Gujarat Limited (Petitioner or Company) for demerger of its passive infrastructure assets (PIA) into Vodafone Essar Infrastructure Limited (VEIL) on various grounds including evasion of tax being primary motive behind the Scheme and also non conformity with essential elements of Section 391/394 of the Companies Act, 1956 (Companies Act).
Finance Minister Pranab Mukherjee said he’d like companies to voluntarily adopt good governance and corporate social responsibility (CSR) practices, rather than be legally compelled to do so. Pranab Mukherjee Such voluntary contributions should be re
In all these petitions, the constitutional validity of the National Tax Tribunal Act, 2005 (`Act’ for short) is challenged. In TC No.150/2006, additionally there is a challenge to section 46 of the Constitution (Forty- second Amendment) Act, 1976 and Article 323B of Constitution of India. It is contended that section 46 of the Constitution (Forty-second Amendment) Act, is ultra vires the basic structure of the Constitution as it enables proliferation of Tribunal system and makes serious
There should be a cap on the pecuniary benefits earned by independent directors serving on boards of companies, according to Mr N. Ramanathan, Managing Director, Ponni Sugars. At a panel discussion on issues relating to board of directors and indepen
Alternative Dispute Resolution Mechanism (ADR) is encouraged in view of the fact that there exists an unreasonable delay in the Courts. Among the other modes of Alternative Dispute Resolution (ADR), dispute resolution through Arbitration in accordance with the provisions of Arbitration and Conciliation Act, 1996 is being encouraged now. I am of the opinion that the Arbitration Mechanism is better suited for resolving corporate disputes and where there exists a consensus on “Arbitrator” and the procedure to be followed.
The Minister for Corporate Affairs has said that the Companies Bill, 2009 which was introduced on 3rd August, 2009 has provisions for faster settlement of insolvency cases for corporates. Giving this information in written reply to a question in the
The Government has said that it is looking into violation of the Companies Act, 1956 by some Indian Premier League (IPL) franchises. Giving this information in written reply to a question in the Lok Sabha, the Minister for Corporate Affairs, Shri Sal
