Company Law : Understand the latest changes in DIR-3 KYC, including rules for updating email IDs and mobile numbers, fees, and filing details. L...
Company Law : Learn about the process & provisions for incorporating a subsidiary company in India, including necessary documents, regulations, ...
Company Law : A producer company combines the best features of a cooperative society and a Private Limited Company, offering collective benefits...
Company Law : The submission of MSME-1 is not only a requirement of the Companies Act, but it also has implications on the Income Tax Act and af...
Company Law : Learn about the provisions and process of strike off of companies under the Companies Act, 2013, including steps, rules, and frequ...
Corporate Law : Ministry of Housing & Urban Affairs Scheme of Special Micro-Credit Facility launched for Street Vendors – Striving towar...
Company Law : In this flash editorial author discusses the provisions of liability of directors after strike off of Company or winding up of Com...
Company Law : Article discusses Time Period for Filing of Appeal in National Company Law Appellate Tribunal (NCLAT) against the order of adjudic...
Corporate Law : In this editorial author discusses Judgment National Company Law Appellate Tribunal (NCLAT) in the case of Steamline Industries L...
Corporate Law : The 'I&B Code' is a complete Code by itself. The provision of the Power of Attorney Act, 1882 cannot override the specific provisi...
Corporate Law : Whether Corporate Debtor can bar the NCLT to accept the petition of Operational Creditor by raising a dispute on the Demand Notice...
After commencement of Companies Act, 2013 from 01st April 2014 Compliance requirement of Companies has been increased Like: MSME-1, BEN-2, Dematerialization of Shares, DPT-3 etc. Even no exemptions are granted to Public Limited Companies under Companies Act, 2013.
Institute of Company Secretaries of India has revised Guidelines for Advertisement by Company Secretary. These guidelines includes details of permitted and restricted advertisements. Guidelines for Websites of Professionals. *Most Imp: The Company Secretary or a firm of Company Secretaries shall not list his/her service(s) on any aggregator website such as Sulekha, Olx, Urbanclap, JustDial, Quikr […]
Q.1 What should be objects of Nidhi Company? Ans. Nidhi with the object of cultivating the habit of thrift and savings amongst its members, receiving deposits from, and lending to, its members. The primary object of Nidhi is to carry on the business of accepting deposits and lending money to member. Q.2 Whether Loan can […]
Free transferability of share is one essential condition for Company form of business, subject to some restrictions under private companies. New Act, deals with substantially. Statutory provisions related to transfer of share one should refer the following sources: Section 56 of Companies Act, 2013 Rule 11 of Companies (Share Capital & Debentures) Rules 2014 Provisions […]
SHORT SUMMARY: In this editorial author shall discuss the provisions of Resignation of Auditor under Companies Act, 2013 read with SEBI Guidelines. SEBI on October 18th, 2019 issued circular relating to Resignation of Auditor from Listed Companies and their Subsidiaries. These guidelines are stating compliance required to be done by Resigning auditor and Company. Purpose […]
Many persons ask questions in relation to uploading of forms with unsigned attachments like – (a) whether it is mandatory to attach only signed documents? (b) Whether document as SD/- can be uploading with roc e-forms? In this editorial author shall discuss provisions under companies Act Relating to Filing of Applications, Documents, Inspection etc. in […]
It’s a common question amongst many professionals now-a-days that If a form is approved by ROC under STP mode, whether SRN can be Cancelled for such form and Whether AOC-4/MGT-7/ any other form filed by Company can be cancelled and revised? In this editorial author shall discuss provisions under companies Act relating to correcting the […]
MCA has come with New Section 10A inserted after Section 10 by Companies (Amendment) Ordinance, 2018 dated 02.11.2018 and same has been inserted in Companies (Amendment) Act, 2019 Extract of law: As per section 10A, a company having SHARE CAPITAL incorporated after ordinance i.e. after 02.11.2018 shall not commence its business or exercise any borrowing […]
Article highlights on Applicability of New Rules of Independent Director, Important Due Dates related to Applicability of New Rules of Independent Director, Impact of New Provisions on Existing Independent Directors, Opportunities for Professionals like CS, CA etc., Independent Director Empanelment Process, Registration Process for Companies related to Independent Directors and other important points to know. […]
Independent directors have a crucial role to play for keeping good governance practices. In order to ensure the basic literacy of company law, securities law and accountancy among Independent directors and to boost Corporate Governance standards in India, the Govt. has decided to introduce online proficiency self-assessment test for Independent directors. Subsequently, MCA has notified […]
