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 article explains the legal framework governing debenture issuance under the Companies Act, 2013. It outlines the types of debe...
Company Law : Section 42 of the Companies Act, 2013 permits companies to raise funds from a select group of investors through private placement....
Company Law : The 2025 amendments significantly expand the scope of fast-track mergers by allowing more categories of companies, including eligi...
Company Law : The article explains the legal framework governing share capital and share issuance under the Companies Act, 2013. It highlights h...
Company Law : The article explains how Section 118 mandates the preparation and preservation of meeting minutes to ensure transparency and accou...
Company Law : The MCA has widened CSR eligibility by recognizing subscriptions to Zero Coupon Zero Principal Instruments as a valid CSR activity...
Company Law : Provisional list of audit firms of listed companies yet to file NFRA-2 for 2023-24. Filing deadline was 30.11.2025; fines apply fo...
Company Law : ICSI recommended restoring public access to basic company master data without mandatory login requirements. The representation sta...
Company Law : NFRA introduced guidelines to evaluate audit firms’ compliance and quality control systems. The framework emphasizes governance,...
Company Law : The issue is ambiguity in filing authority during liquidation. ICSI has requested clarity to enable liquidators to maintain statut...
Company Law : Section 7 insolvency application filed by State Bank of India (SBI) was admitted against Martina Bio Genics Private Limited and he...
Company Law : The NCLT Allahabad Bench dispensed with shareholder meetings after finding that all shareholders had consented to the proposed red...
Company Law : NCLT Kochi held that shareholders have a statutory right to convene an EGM and remove directors through ordinary resolution if leg...
Company Law : The Bombay High Court held that statements made in Special Notices for removal of a director under the Companies Act formed part o...
Company Law : The Court held that a shareholder holding requisite voting strength has a statutory right under Section 169 to convene an extraord...
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 ...
Rajya Sabha has passed the much awaited Companies Bill 2013 on 8th August 2013 which was passed by Lok Sabha on 18th December 2012.and amendments to it are passed by lok sabha on 13th august 2013. The Bill is all set to replace the 57 year old Act. In the Companies Bill 2013, various new […]
The 8th of August, 2013 would be remembered as a historic day in the history of Corporate India. For, on this very day the Rajya Sabha passed the much-awaited, the much-needed, a modern and contemporary company law. It would become the law of the land on receiving the assent of the Honourable President of India […]
Role of CMAs: 1. Internal Audit (Clause 138) 2. Cost Audit for Manufacturing and Service Sector (Clause 148) 3. Merger and amalgamation of companies. (Clause 232) 4. Appointment of administrator (Clause 259) 5. Company Liquidators and their appointments (Clause 275) 6. Provision for professional assistance to Company Liquidator (Clause 291) 7. Power to order examination […]
Dr. Sanjiv Agarwal India Inc will soon usher into a new era of more liberal, growth oriented and competitive regulatory frame work. Presently corporate entities are governed by a nearly six decade old enactment – Companies Act, 1956 which will get replaced by the Companies Act, 2013 which has been last week passed by Rajya […]
The Government has said that the reports appearing in a section of media indicate that a Section 25 Company, “Thought Arbitrage Research Institute” has published a study indicating inter alia occurrence of frauds in companies due to factors like inadequate internal control procedures, diversion of funds by promoters/ top management, failure of audit in detection […]
Rajya Sabha on 8th August gave its nod to Companies Bill, 2013 which is the first major overhaul of Company law in more than 50 years. Now, India will have a brand new company’s law which is more effective and appropriate for this era and its challenges.
A quick perusal of the Companies Bill 2013 shows that many exemptions given to Private limited companies under Companies Act are withdrawn. . The following provisions are applicable to Private limited companies under the new Companies Bill 2013. Maximum Number of members There is no change in the minimum number of member which is 2. […]
WHY A NEW LAW WAS NEEDED? The changing national and international economic environment Exponential growth of the Indian economy Changes in the stakeholders’ expectations Manifold Increase in Number of Companies Year No. of Companies 1956 30,000 approx 2013 11,00,000 approx The need of a legal framework was felt to enable the Indian corporate sector to […]
Companies Bill, 2013 was passed by Lok Sabha on the 18th December, 2012 and transmitted to Rajya Sabha for its concurrence. Rajya Sabha passed the Bill with amendments at its sitting held on the 8th August, 2013 and returned it to Lok Sabha on the 12th August, 2013. On 13 August 2013, the Lok Sabha […]
The salient features of the new Companies law are: Business friendly corporate Regulation/ pro-business initiatives; e-Governance Initiatives; Good Corporate Governance and CSR; Enhanced Disclosure norms; Enhanced accountability of Management; Stricter enforcement; Audit accountability; Protection for minority shareholders; Investor protection and activism; Better framework for insolvency regulation; and Institutional structure. Other important features of the Companies Bill, 2012 are:
