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 : Explore the intricacies of share buybacks in India under the Companies Act and tax considerations. Understand the legal and financ...
Company Law : Companies and LLPs in India must comply with annual filings under the Companies Act, 2013 and the Limited Liability Partnership Ac...
Company Law : Explore recent rejections of Nidhi company incorporations, the discrepancies between rejection letters and rules, and seek clarity...
Company Law : Learn how to file Form MSME-1 with this step-by-step guide. Ensure compliance with MSME payment regulations to avoid penalties und...
Company Law : Discover the process and regulatory framework for issuing bonus shares in a private company under the Companies Act, 2013. Learn a...
Company Law : IEPFA invites stakeholders to share insights on streamlining claims settlement process under the Companies Act, 2013. Deadline: Ap...
Company Law : Dive into NFRA detailed Financial Reporting Quality Review (FRQRR) of PSP Projects Ltd. Uncover high and low impact observations, ...
Company Law : The Institute of Chartered Accountants of India FAQs Frequently Asked Questions on Maintenance of Cost Records and Audit thereof U...
Company Law : Discover the Ministry of Corporate Affairs (MCA) latest initiative - the Central Processing Centre (CPC). Learn about the centrali...
CA, CS, CMA : Auditors must have understanding of standards for reporting on ICAI's revised summary financial statements. Get informed on new re...
Corporate Law : 1. The NCLAT Delhi In Anil Agrawal v. Omega as per the attached Order Delivered on: 11.04.2023 The company was formed as a joint v...
Income Tax : Since the appellant hadn't filed the appeal through the Interim Resolution Professional as required under the resolution process, ...
Corporate Law : Read a detailed analysis of the NCLT judgment in Tek Chand Narula vs Vatika Ltd. Understand the dispute over assured returns and t...
Income Tax : Chandan Realtors Pvt. Ltd vs ITO (ITAT Mumbai) case analyzed. Liability of directors post company dissolution upheld. Read the det...
Company Law : NCLAT Delhi ruling on Navayuga Engineering vs. Umesh Garg emphasizes Section 29A(c) of IBC, disqualifying those managing corporate...
Company Law : Ministry of Corporate Affairs imposes a penalty of ₹4 lakh on M/S. Jansansar Nidhi Limited for failure to maintain a capable reg...
Company Law : Explore the detailed order disposing of the show cause notice against M/s Pathak H.D. & Associates, CA Parimal Kumar Jha, and CA V...
Company Law : Read about the penalty imposed on Premier Energies Limited and its officers for violating Section 29(1)(a) of the Companies Act. D...
Company Law : Get insights into the penalty imposed by the Registrar of Companies, Coimbatore, on M/s. Arise Industries and Agency Private Limit...
Company Law : Learn how the Ministry of Corporate Affairs penalizes Dice Enterprises P. Ltd. for non-filing of MGT-14 under Section 117(1) of th...
Many readers asked ‘details of transactions to be mention in e-form MSME-1′. As there are lot of confusions in this form since the inception. In this editorial author shall discuss about the transactions with example required to be mention in MSME-1 along with below mentioned questions: i. If a Company itself registered in MSME. Whether […]
As we are aware that, Ministry of Corporate Affairs has disqualified lakhs of Directors on 01st November 2016 due to non-compliance of Section 164(2) by such directors. As per Companies Act, 2013 once a director disqualified u/s 164(2) shall not be eligible to be re-appointed as a director of that company or appointed in other […]
In this editorial author shall discuss about each aspect of MSME-1 form. MSME-1 form first time introduced by MCA notification dated 22 January 2019. A. PURPOSE OF E-FORM: Purpose of this form is to inform ROC about default in payment by Companies to their MSME (Micro and small) vendors. B. APPLICABILITY: If a Company (All […]
MSME-1 form introduced under Companies Act, 2016 u/s 405 by using power of Central Government. There is no penalties/ fine are prescribed under Section 405 of the Companies Act, 2013. Further, there is one Section 450 under Companies Act, which states that if there is no penalty prescribed for any section/ rules in then penalty shall be levy as per Section 450.
VARIATION OF SHAREHOLDERS’ RIGHTS Applicable provisions: Section 48 of the Companies Act, 2013. Where a share capital of the company is divided into different classes of shares, the rights attached to the shares of any class may be varied from the other class of shareholders. The consent of not less than 3/4 holders of the […]
ATE Projects Pvt. Ltd. Vs Rajasthan Drugs and Pharmaceuticals Ltd. (NCLT Jaipur) A ‘Government Company’ as defined under Section 2(45) of the Companies Act, 2013 is covered under the definition of a ‘Company’ as defined under Section 2(20) of Companies Act 2013. Since the Corporate Debtor, has not been performing any Governmental Functions or the […]
DINs eligible to be de-flagged on expiry of the period of disqualification are in the process of verification. Necessary action shall be taken shortly.
9th November, 2021 To, Shri Ashok Kumar Gupta Chairperson National Financial Regulatory Authority chairperson@nfra.gov.in Subject: – Joint Representation on Consultation Paper – September, 2021 on Statutory Audit and Auditing Standards for Micro, Small and Medium Companies (MSMCs) 1. Bombay Chartered Accountants’ Society 2. Karnataka State Chartered Accountants Association 3. Chartered Accountants Association, Ahmedabad 4. Chartered […]
Important updates of MCA, SEBI, Stock Exchange(s) and RBI on Corporate Sector Edition – October, 2021 The corporate sector is undergoing tremendous changes. We are addressing amendments by regulatory authorities on daily basis. This edition gives an information of all regulatory updates by regulatory bodies introduced during the month of October, 2021. Ministry of Corporate […]
LOSS OF SHARE CERTIFICATE/ ISSUE OF DUPLICATE SHARE CERTIFICATE In today’s tech era holding and maintaining physical share certificates are tough and in case the same have been misplaced then it is even more painful to get those share certificates back from the Company. Let’s discuss briefly how you can get your certificates back to […]
