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 clarification confirms that Small Companies remain exempt from Rule 9A even after obtaining an ISIN. Compliance obligations ar...
Company Law : The amendment changes KYC filing from annual to a three-year cycle. It clarifies timelines and reduces compliance burden while mai...
Company Law : The Bill focuses on easing compliance and decriminalising minor offences. It introduces streamlined procedures and enhanced govern...
Company Law : The article clarifies that companies are not required to complete annual filings for years in which no business activity was carri...
Company Law : The MCA introduced a streamlined process for updating registered email IDs of companies and LLPs. The update ensures seamless rece...
Company Law : The issue involves failure in DIR-3 KYC filing due to DSC mismatch. MCA clarified that proper DSC registration with DIN is mandato...
Company Law : The MCA21 V3 portal will launch its final 38 company forms on July 14, 2025. Key dates include V2 e-filing discontinuation on June...
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...
Since last 5 month, Its became impossible to incorporate LLP where promoter doesnt having DIN and become impossible to appoint a person as designated partner in LLP (to a person doesnt having DIN). MCA has issued Companies (Appointment and Qualification of Directors) Rules, 2018 and e-form DIR-3 and DIR-6 will be revised w.e.f. 15th June, 2018.
In this Flash editorial, the author begins by referring the provisions of Indian Accounting Standards (Ind AS) as Companies (Indian Accounting Standards) Rules, 2015 vide Notification dated February 16, 2015 and the applicability of Ind AS for certain class of companies.
MCA has issued Notification on 20th September, 2017 in respect of Numbers of Layers of Investment in Subsidiaries of Company. These rules called as Companies (Restriction on number of layers) Rules, 2017. In such notification MCA mentioned about which company shall be include or not in term two Layers. What are the compliances required to be done by Company in respect of Subsidiaries. What are the consequences of non compliances of same?
Background: As per Section 3 of Indian Stamps Act 1899, Every Share Certificate must bear the necessary stamp duty as per the Stamp Act of the respective State/ Union Territory from which Certificate is issued. The rates of stamp duty can be obtained with reference to relevant article of given State Act. According to Companies […]
MCA vide notification dated: 07th May, 2018 has notified 28 more sections of Companies Amendment Act, 2017. One of those is Section 117 which explains Resolutions and agreements to be filed under Companies Act,2013. This amended section came into effect form 07th May, 2018. In this editorial author shall endeavor to briefly discuss Impact of […]
Section 170(2) A return containing such particulars and documents as may be prescribed, of the directors and the key managerial personnel shall be filed with the Registrar within thirty days from the appointment of every director and key managerial personnel, as the case may be, and within 30 days of any change taking place.
Moving from the Companies Act 1956 to the Companies Act 2013 is like shifting from your old house to a new one. All the provisions become changed with new Act, 2013. Due to new act many amendments were introduce by Central Government from time to time by Notification, Amendments etc. Same like this many amendments […]
The main focus of this research editorial is on Which are the entities to whom Company can give Loan/ Guarantee/ Security etc under Section 185 of Companies Act, 2013 as substituted by Companies (Amendment) Act, 2017 (Loan to Directors and entities in which directors are interested).
Short Summary In this Research editorial, the author begins by referring the provisions of Section 185(3) of Companies Act, 2013 as amended by Companies (Amendment) Act, 2017 (Loan to Directors and entities in which directors are interested). The main focus of this research editorial on “Whether a Company can give Loan/ G / S to […]
Whether a Company can give loan to other Companies or Body Corporates in which their directors are interested” If NO, why? If yes, then what are the Compliance a company required for the same
