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 : Understand Section 186 of the Companies Act, 2013, covering company loans, investments, and compliance requirements, including boa...
Company Law : Key compliance duties for company directors under the Companies Act, 2013, including disclosures, declarations, KYC, and meeting a...
Company Law : Learn the process and benefits of converting a Limited Liability Partnership (LLP) into a Private/Public Company under the Compani...
Company Law : Learn about the rights issue of shares under Companies Act 2013. Explore the process, key points, and steps for issuing shares to ...
CA, CS, CMA : Highlights from August 5-11, 2024: Income Tax exemptions, GST updates, SEBI guidelines, and RBI monetary policy changes....
Company Law : Explore the latest status of the MCA21 e-Governance program, Certified Filing Centres in Haryana, impact on corporate filings, and...
Company Law : Govt. of India's recent measures to enhance corporate governance, prevent fraud, and ensure effective CSR practices. Insights on r...
Company Law : Discover how C-PACE accelerates the company exit process from 2 years to under 90 days, streamlining operations and reducing backl...
Company Law : Discover the latest data on Goa-based companies struck off and revived, plus insights on related amnesty programs from the Ministr...
CA, CS, CMA : ICSI appreciates Budget 2024 for its focus on women, youth, farmers, MSMEs, regulatory infrastructure, sustainability, digital gov...
Company Law : Delhi High Court held that timelines under Regulation 35A of the CIRP Regulations, 2016 for filing avoidance application are direc...
Income Tax : Associated Chambers of Commerce And Industry of India Vs Deputy Commissioner of Income Tax & Ors. (Delhi High Court) Delhi Hig...
CA, CS, CMA : Read the full NCLT judgment/order on Union of India Vs CA. Ramaiah Nataraja. Bengaluru CA barred from statutory auditor role for c...
Company Law : Explore the Calcutta High Court's decision in Uphealth Holdings, INC. Vs Dr. Syed Sabahat Azim & Ors. regarding the applicability ...
Company Law : Read the full NCLT judgment where Zee Entertainment Enterprises Limited sought to withdraw its merger with Sony Groups, impacting ...
Company Law : Easy Funds Finance Pvt Ltd and directors penalized for failing to file Annual Returns and Financial Statements. Total penalties am...
Company Law : MCA imposes penalties on Agrilife Technologies Pvt Ltd for delayed filing of e-Form MGT-14 under Section 117 of Companies Act, 201...
Company Law : Registrar of Companies penalizes Paramount Dye Tec Limited for not disclosing trading activity in its MOA, violating Section 4(1)(...
Company Law : MBL Infrastructure Ltd. faces scrutiny under Section 90 of the Companies Act for non-compliance. Details on adjudicating officer's...
Company Law : Nalam Mahalir Nidhi Ltd. fined ₹4 lakh for failing to file e-form INC-22. Penalty details and appeal process outlined by Coimbat...
More than 3.82 lakh companies struck off till financial year 2020-21 in Special Drives taken by Registrar of Companies Under the Special Drives taken by Registrar of Companies, 3,82,875 number of companies ware struck off u/s 248 (1) of the Companies Act till the financial year 2020-21. This was stated by Union Minister of State for […]
Certain Stakeholders have raised concerns over Associating DSC in V3. They are advised to follow the below simple steps: (1) You can associate your DSC as a Business user in V3. (2) Login using your credentials. (3) Go to MCA Services ->FO LLP Services – >Associate DSC (4) Download & run ’embridge’ – 2nd option […]
MCA FILING UPDATE 1. In Google Chrome, the MCA site crashes. 2. Instead of using Internet Explorer, please utilize Firefox. 3. There are a few bugs in Associate DSC. 4. Please raise tickets right once if you find any errors. 5. In the event of challan issues, save the form, then go to Track SRN, […]
CHANGING THE NAME OF THE COMPANY A business name change is the process of developing a new name for a business and legally registering the business under the new name. While there is a technical difference between a business name and a brand name, for the purposes of this article we are using the terms […]
Applicability of CARO, 2020: (For F.Y 2020-21 and F.Y. 2021-22) The CARO applies to all the companies except the following companies:- ♦ One person Company ♦ Small Companies* ♦ Banking Companies ♦ Companies registered for charitable purposes ♦ Insurance companies ♦ The following private companies having : > Gross receipts or revenue < 10 Cr. […]
1. Amendment for use of Accounting Software having Audit Trail (i) Now all companies are “mandatory” required to use accounting software having audit trail of each transaction besides the original transactions were rectified or deleted. This requirement is applicable from April 01, 2021. (ii) Applicability of this provision is deferred for 1 year, hence it […]
कंपनी मंत्रालय के नोटिफिकेशन क्र. 205(ई) एवं 247(ई) दिनांक 24/03/2021 एवं 01/04/2021 क्रमशः द्वारा 01/04/2022 से हर कंपनी के लिए जरूरी कर दिया गया कि अब अपने एकाउंटिंग साफ्टवेयर में आडिट ट्रेल का फीचर रखना होगा. इसका मतलब यह है कि: 1. प्रायः हर कंपनी अपना एकाउंट साफ्टवेयर में बनाती है. हर लेनदेन प्रतिदिन तारीखवार […]
The word ‘transmission’ means transfer of title by operation of law. It may be by succession Transmission of shares is a process by operation of law where under the Shares are registered in a Company in the name of deceased person or an insolvent person are registered in the name of his legal heirs by […]
The concept of Corporate Social Responsibility (referred as CSR) has become a dominant concept which is mandatorily followed by business vide Section 135 of The Companies’ Act, 2013. Thus, every entity is required to furnish its CSR report explaining such activities otherwise one may suffer from serious consequences of it with a charge of heavy penalty.
STRIKE OFF A COMPANY A Company goes for strike off when the management no longer wishes to carry on the business further. Strike off simply means removing of the name of the company from the Registrar of Company. Section 248 of The Companies Act 2013 states about the provisions of Strike off of company. BY […]
