Company Law : The FAQ clarifies that the Companies Act, 2013 does not restrict adjournment of a duly convened and commenced AGM. An adjourned AG...
Company Law : This FAQ examines the statutory authorities empowered to convene an Extraordinary General Meeting under the Companies Act, 2013. I...
Company Law : The 2025 amendment replaces annual DIR-3 KYC filings with a triennial compliance framework. Directors now need to file KYC once ev...
Company Law : The article explains when private companies can rely on MCA exemptions to borrow through board approval alone. It highlights the b...
Company Law : The article explains how Audit Committee, Board, and shareholder approvals apply to related party transactions under corporate law...
Company Law : The MCA has widened CSR eligibility by recognizing subscriptions to Zero Coupon Zero Principal Instruments as a valid CSR activity...
Company Law : The initiative addresses inefficiencies in the current filing system and proposes consolidation and automation. It highlights a sh...
Company Law : NFRA found major deficiencies in audit documentation and archival practices. The report highlights the need for stronger controls ...
Company Law : The inspection report highlights deficiencies in audit documentation, independence monitoring and compliance with auditing standar...
Company Law : The regulator found that the audit firm lacked an effective monitoring mechanism to ensure firmwide independence policies were pro...
Company Law : Penalty imposed on Sh. Laxit Awla under Section 165 of Companies Act, 2013, for exceeding directorship limits. Details on violatio...
Corporate Law : That the period of lockdown ordered by the Central Government and the State Governments including the period as may be extended ei...
Company Law : The MCA has amended the valuation rules to require Registered Valuer Organisations to maintain a minimum paid-up capital of ₹25 ...
Company Law : The Registrar of Companies penalized the company and its authorized signatory after an incorrect document was attached with Form A...
Company Law : MCA amends Schedule VII of the Companies Act to include subscription to zero coupon zero principal instruments on Social Stock Exc...
Company Law : MCA has amended the CSR Rules to recognize zero coupon zero principal instruments issued by Social Stock Exchange-listed NPOs. The...
Company Law : ROC Mumbai held that repeated return of official notices proved non-maintenance of a registered office under Section 12(1) of the ...
Read about the penalty imposed on PTC India Financial Services Limited for violating Section 149 of the Companies Act, 2013 by denying requests from independent directors (IDs) for legal advice. Understand the findings of the case, the obligations of the company and its officers, and the penalty amount imposed. Discover the steps for compliance and the option for appeal.
Dive into the case of Regent Professional Academy’s violation of Companies Act provisions. Learn about penalties imposed by MCA, analysis, and implications.
NFRA issued a circular highlighting statutory auditors’ obligations to report fraud in accordance with Companies Act, 2013. Circular emphasizes consequences for auditors who fail to fulfill their reporting duties and clarifies that resignation does not absolve them of their responsibilities.
MCA has imposed a penalty on M/s Iyyanar Benefit Fund Nidhi Limited for violating Section 92(3) of Companies Act, 2013. Company failed to accurately disclose details of deposits and borrowings in their balance sheet, resulting in penalties being imposed.
MCA issued a penalty order against Manpur Rubber Industries Private Limited for non-filing of annual returns for multiple financial years and deactivation of DIN (Director Identification Number).
Ministry of Corporate Affairs (MCA) has announced an extension in the due date for filing Form DPT-3, allowing companies to file without paying additional fees until July 31, 2023. Get the details and implications of this decision in the official circular, General Circular no. 06/2023.
Section 2(34) of the Companies Act, 2013 defines directors. A director is a person appointed to the board of a company. In case of a one person company, there shall be at least one director. Every public company shall have three directors and every private company shall have two directors appointed to it.
ROC), Delhi, has imposed a penalty on Teleone Consumers Product Private Limited. The violation pertains to non-compliance with section 118(10) of the Companies Act, 2013, as detailed in an Inquiry Officer’s report.
MCA has imposed penalties on Goodluck Petrolium Company Pvt. Ltd. and its directors for not conducting board meetings for multiple financial years. This article provides an analysis of the order and its implications.
GVK Jaipur Expressway Ltd fined for breaching Section 179(3) of the Companies Act, 2013 by granting a loan without timely board approval.
