Companies Act 2013 - Page 30

Companies Amendment Act 2019 – New Sections

Companies (Amendment) Ordinance, 2019 and Companies Second (Amendment) Ordinance, 2019 effective from 2nd November 2018 are now part of Companies Amendment Act, 2019. The Act was passed on 31st July 2019 and it has introduced additional amendments in 12 different sections of Companies Act, 2013. As mentioned in the Act, except sections 6,...

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How to Submit DIR-3 KYC WEB

The Companies (Appointment and Qualification of Directors) Third Amendment Rules, 2019 have been notified w.e.f 25th July 2019. As per the said notification: i) eForm DIR-3 KYC is to be filed by an individual who holds DIN and is filing his KYC details for the first time or by the DIN holder who has already filed his […]...

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Key Takeaway of Companies (Amendment) Act, 2019

The Companies (Amendment) Act, 2019 received the assent of the President on the 31st July, 2019. In this article author discusses Key Take Away of Companies Amendment (Act), 2019. Process for Approval of the Companies (Amendment) Act, 2019.     Submission of Report by Committee of Government August, 2018 The Companies (Amendment) Ordina...

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How to Prepare Directors Report as per Companies Act, 2013

The Companies Act, 2013, requires the Board of Directors of every company to attach its report to the financial statements to be laid before the members at the annual general meeting Director Report is very crucial document of a Company. It is is an important means of communication by the Board of Directors of a […]...

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Note on DIR-3 KYC

The Ministry of Corporate Affairs has issued a General Circular No. 07/2019 dated 27TH June, 2019 and has clarified the following: a) Every person who has already filed DIR-3 KYC will only be required to complete his / her KYC through a simple web-based verification service, with pre-filled data based on the records in the registry, ...

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Corporate Social Responsibility Rules Tightened-The Need

The Companies Amendment Bill 2019 seeks to tighten the Corporate Social Responsibility provisions as enumerated under the Section 135 of the Companies Act, 2013 which presently requires certain classes of Companies to shell out 2% of the average net profits of the Company for the three immediate preceding years towards CSR spending. The p...

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FM warns strictest action for not following Company Law Provisions

Smt. Nirmala Sitharaman- Minister of Finance and Corporate Affairs moves the Companies (Amendment) Bill, 2019 for consideration in the Rajya Sabha. She replies to the debate on Companies (Amendment) Bill, 2019 in the Rajya Sabha. Gandhiji’s trusteeship principle is with which profit-making can not be devoid of social responsibility. The...

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Companies (Amendment) Act, 2019

NO. 22 OF 2019 (31/07/2019)

(1) This Act may be called the Companies (Amendment) Act, 2019. (2) The provisions of this Act, except sections 6, 7 and 8, clauses (i), (iii) and clause (iv) of section 14, sections 20 and 21, section 31, sections 33, 34 and 35, sections 37 and 38 shall be deemed to have come into force on the 2nd day of November, 2018....

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Corporate Compliance Calendar for the Month of August, 2019

This article contains various Compliance requirements under Statutory Laws for the Month of August, 2019. Compliance means adhering to rules and regulations. Article contains Compliance Requirement Under Income Tax Act, 1961, Goods & Services Tax Act, 2017 (GST), Other Statutory Laws, Foreign Exchange Management Act, 1999 (FEMA), SEBI...

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Filing of E-form DIR-3-KYC and WEB Service DIR-3-KYC

i. e-Form DIR-3 KYC is to be filed by an individual who holds DIN and is filing his KYC details for the first time OR ii. By the DIN holder who has already filed his KYC once in e-form DIR-3 KYC but wants to update his details....

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Posted Under: Company Law |

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