Company Law : The issue concerns the statutory framework governing the appointment of Managing Directors under the Companies Act, 2013. The guid...
Company Law : The issue was whether bank bill discounting facilities require disclosure in Form DPT-3. It was clarified that only amounts outsta...
Company Law : The analysis explains the statutory mechanism under Section 168(3) for restoring a functioning Board when all directors resign or ...
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 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 : ROC Mumbai penalized a director after Form AOC-4 contained an incorrect AGM due date. The order emphasizes that directors are resp...
Company Law : ROC Mumbai imposed a penalty after finding that an individual held two Director Identification Numbers in violation of Section 155...
Company Law : ROC Mumbai penalized a Whole Time Director for filing Form DIR-12 with an incorrect CFO appointment date. The order reiterates tha...
Company Law : The adjudicating authority held that an unlisted public company violated Section 29 by continuing to issue and transfer shares in ...
Company Law : The order emphasizes that delayed filing may regularize compliance but does not extinguish the offence committed during the period...
In Schedule XIV to’the Companies Act, 1956, under the heading PLANT AND MACHINERY”, under item (ii) relating to special rates, after sub-item D. 4, relating to Glass manufacturing concern–Direct fire glass melting furnaces, the following shall be inserted, namely
details of all unutilised monies out of iSSue of shares or debentures, if any, referred to in sub-item (i) shali be disclosed under an appropT.iate separate 1;ead..in the Balance Sheet of the company indicating the fori-t-.; in which such unutilised 1r/units. have been invested.
(iv) that the company is not in default in the repayment of any deposit or part thereof and any interest thereupon in accordance with terms and conditions of such deposits.
In exercise of powers conferred by clauses (a) and (b) of sub-section (1) of Section 642 of the Companies Act, 1956 (1 of 1956) and all others powers hereunto enabling, the Central Government hereby makes the following rules further to amend the Companies (Central Government’s) General Rules and Forms, 1956.
In exercise of powers conferred by clauses (a) and (b) of sub-section (1) of Section 642 of the Companies Act, 1956 (1 of 1956) and all other powers hereunto enabling, the Central Government hereby makes the following rules further to amend the Companies (Central Government’s) General Rules and Forms, 1956.
In exercise of the powers conferred by sub-section (1) of section 621 of the Companies Act, 1956 (1 of 1956) and in supersession of the Ministry of Law, Justice and Company Affairs (Department of Company Affairs) notification number G. S. R. 69 (E) dated the 15th February, 1995,
In exercise of the powers conferred by sub-section (2) of section 530 of the Companies Act, 1956 ( I of 1956) the Central Government hereby notifies that the sum to which priority shall be given under clause (b) of sub section (1) of section 530 of the said Act with effect from 1st day of March, 1997 shall not in case of any one claimant, exceed the sum of Rs. 20,000/- (Rupees twenty thousand only.
You may be aware that the Department of Company Affairs have recently issued revised annual cost audit orders for the financial year ending 31.3.1994 and continuously thereafter to all those companies which were previously subjected to cost audit for every alternate financial years. A list containing the names of these companies is being sent separately to the Secretary of your Institute.
It has been brought to the notice of this Department that many of the companies for which maintenance of books of accounts have been made mandatory under Section 209(1)(d) of the Companies Act, 1956 and Cost Accounting Records Rules prescribed, have failed to keep such books of accounts in the manner indicated thereunder
In exercise of the powers conferred by sub-section (1) of sectio,i 620 of the Companies Act. 1956 ( I of 1956). the Central Government hereby directs that the provisions of clause (e) of sub-section (1) of section 17 of the said Act read with the Companies.
