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...
Government of India has amended the Companies Regulations, 1956 vide the Companies (Amendment) Regulations, 2010 with effect from 29 October 2010 and has changed the jurisdiction of Regional Director (RD) by increasing the number of RDs from 4 (four)
It has been decided to revise the additional fees payable as per Section 611(2) of the Companies Act, 1956 (except for Form 5) as per below details with effect from 5th December 2010 :-
Additional Fees revised w.e.f 5th December 2010 Dear Corporates, It has been decided to revise the additional fees payable as per Section 611(2) of the Companies Act, 1956 (except for Form 5) as per below details with effect from 5th December 2010
On a petition by shareholders of the company and a section of employees, the CLB Bench based in Chennai and chaired by Ms Lizamma Augustine, in its November 8 order, directed that the affairs of the company would be looked after by the management com
Under Part-A Statement of Solvency, the names of the DPIN holders will be displayed automatically once the the ‘prefill’ button is clicked after giving the correct DPIN numbers. * Under Part-B: Statement of Account, all the figures in the ‘Statemen
The government today said that it would not be able to table the new Companies Bill that was expected to be enacted by the end of this year, in the Parliament’s winter session. Failing to meet the earlier deadline of tabling the Companies Bill 2009 i
ISSUED BY MINISTRY OF CORPORATE AFFAIRS- In exercise of the powers conferred by sub-section (1) of Section 637A of the Companies Act, 1956 (1 of 1956), the Central Government hereby makes the following amendments in the notification of the Government of India, erstwhile Ministry of Law, Justice and Company Affairs (Department of Company Affairs) No. GSR 555(E), dated 26-7-2001, and published in the Gazette of India, in Part II, Section 3, sub-section (i), dated the 26th July, 2001, namely:
Provided also that the outstanding Non-performing assets as at 31-3-2010 would be worked out and provided according to the note under the clause (ii)(a) on equal installments till 31-3-2015.
We all know the role of the Directors in any Company and Board is collectively involved in the day-to-day affairs of the Company. Through segregation and delegation depending upon the size of the Company, the plan, the regulations in the Articles, the directors in-fact run the Company subject to the provisions of the Companies Act, 1956 and excepting few decisions which should only be taken by the shareholders at the Annual General Body Meeting (AGM) or Extraordinary General Body Meeting (EAGM). Subject to the limitations in the provisions of the Companies Act, 1956, the regulations in the Articles of the Company and the SEBI guidelines and regulations, normally, a Director either holds substantial number of shares in the Company or he represents a group of shareholders and the practice is also referred to as “Corporate Democracy”.
There were many judgements on the role of directors and the responsibility of directors/Board of Directors in any Company. In Private Limited Companies or the Public Companies, the role and responsibility of the Directors or the Board of Directors depend upon the regulations in the Articles of the Company and the provisions of the Companies Act, 1956. When it comes listed Public Companies, other provisions like the SEBI guidelines, regulations, provisions in the listing agreement etc. deserve consideration.
