The Companies Act 2013 is a crucial legislation in India governing the incorporation, functioning, and management of companies. Learn about the key provisions, compliance requirements, and legal framework under the Companies Act 2013.
Company Law : The MCA has increased capital and turnover thresholds for small companies, enabling more businesses to enjoy reduced compliance an...
Company Law : Explains the legal requirement to file a commencement declaration and confirms that business cannot begin without statutory compli...
CA, CS, CMA : Learn how Employee Stock Option Plans work under the Companies Act, SEBI regulations, and taxation rules. Key takeaways include el...
Company Law : The 2025 amendment raises the thresholds for small companies, allowing more private firms to benefit from reduced regulatory requi...
Company Law : Even with relaxed compliance thresholds, retaining an ISIN ensures corporate credibility, simplifies future fundraising, and avoid...
Company Law : The government clarified that shell companies are not defined in company law, but inactive entities are removed through statutory ...
Company Law : The government disclosed large-scale strike-offs of inactive and non-compliant companies. The key takeaway is stricter enforcement...
Company Law : Public and private companies in Bihar increasingly invest in CSR, with key districts receiving substantial social development fund...
Corporate Law : The 2025 IBC amendments aim to reduce delays in insolvency processes, improving corporate debt recovery timelines and strengthenin...
Corporate Law : From 2022-23 to 2024-25, appeals filed at NCLAT rose steadily, with IBC cases forming the majority, reflecting active engagement i...
Company Law : NCLAT Delhi held that acknowledgment of liability by Corporate Debtor in its balance sheets constitutes valid acknowledgement for ...
Company Law : NCLT Delhi held that application under section 33(2) of the Insolvency and Bankruptcy Code for liquidation of Corporate Debtor [M/...
Company Law : NCLAT Delhi held that that Provisional Attachment Order has to be treated to cease by virtue of legislative scheme under Section ...
Company Law : NCLAT Chennai grants extended period of 60 days to make full and final payment for execution of Scheme of Arrangement. Accordingly...
Company Law : NCLAT Delhi held that present appeal is not maintainable as shareholder is not a person aggrieved under section 61 of the Insolven...
Company Law : Falcon Marine Exports Limited and officers were penalized for failing to disclose CSR policy, committee composition, and under-spe...
Company Law : ROC Cuttack imposes penalties on a company and certain directors for failing to appoint a whole-time Company Secretary under Secti...
Company Law : ROC Cuttack imposes ₹50,000 penalty on company officer for failing to file MGT-14 and Board Resolution approving financial state...
Company Law : ROC Delhi imposes penalties on a company and its directors for starting business before filing statutory declaration in INC-20A, h...
Company Law : The ROC penalised the company and its directors for failing to file financial statements on time. The order reinforces that prolon...
I would like to once again inform you that your Council is in constant dialogue with the concerned authorities to alleviate the concerns of the profession emanating from the Rules under the Companies Act, 2013. The following is being sought in the interest of compliance and governance:
Overview of various sections for Auditor’s responsibility under Companies Act, 2013 and detailed analysis of Section 139. Certain Sections of Companies Act, 1956 which are now not in existence as per Companies Act, 2013 are as follows:
Companies Act, 2013 – Statement of Notification of Rules Particulars of Rules Effective date 1 Companies (Specification of definitions details) Rules, 2014 01/04/2014 2 Companies (Accounts) Rules, 2014 01/04/2014 3 Companies (Meetings of Board and its Powers) Rules, 2014 01/04/2014 4 Companies (Declaration and Payment of Dividend) Rules, 2014 01/04/2014 5 Companies (Audit and Auditors) […]
Finally, the long awaited moment has come for you to retire and your son, the Companies Act, 2013 to take charge of the affairs. Finally, the new Act will take your place in entirety as karta of the Corporate Gamut of the country. Everyone will get busy understanding his nature, his importance, his provisions and consequences of disobeying him.
List of Sections in Companies Act, 2013 (vis-a-vis Sections in Old Act) where the Articles of Association can override provisions of the Act or prescribe the limits / conditions in certain cases – in which a checklist can be made to decide which Articles from existing articles are required to be changed :
We wish to draw your kind attention to the genuine difficulties arising out of the restriction on number of audit, which can be conducted by an auditor under section 141(3)(g) of the Companies Act, 2013.
Companies Act, 2013 is out. Companies have to fulfill the requirements stated therein. Few provisions have already been published which can be found at: Immediate Compliance for Companies under Companies Act, 2013 – PART 1 Some more provisions are stated hereunder: 1. Appointment of Company Secretary: Now, only a Public Limited Company whose paid up […]
The first thing to take care of under the new Companies Act, 2013 is to follow a changed procedure for giving birth to a Company. This article speaks of only Public and Private Limited Companies and does not cover One Person Companies. The brief procedure to be adopted for incorporating a Company would be :
On the whole electronic voting replaces the Postal ballot process and saves time and cost of the company .It also helps the shareholders to cast their vote from anywhere and at anytime. In the e-voting process, role of scrutinizer will go under paradigm shift as there will be no physical collecting and counting of ballot papers, verification of signatures and rejection of invalid votes, if any
As defined in Section 2 (62) of the Companies Bill, 2013, One Person Company means a company which has only one person as a member.
