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...
Section 185 of the Companies Act, 2013 states that no company is allowed to make, advance any loan, that includes the loan to constituted by a book debt to, or provide any guarantee or give any security relatedany loan taken by,— 1. Any director of company, or of a company that is its holding company […]
Introduction: NGO’s is an organization that operates for non-profit purposes. A Section 8 Company is regulated under the Companies Act, 2013 (‘Act’), governed by the Ministry of Corporate Affairs. As per Section 8 of the Companies Act, 2013 it is proved to the satisfaction of the Central Government that a person or an association of persons proposed […]
ndia’s social consciousness is deeply engraved with the generosity of social service, which have evidently existed in various forms since ages, like the concept of daana, dakshina, bhiksha etc. There are many different ways through which individuals, companies etc. can help bring wellbeing, prosperity to one’s life as well as society at large.
A Section 8 Company is a not-for-profit organization which basically, needs to adhere to the following three conditions: 1. The Company has in its objects the promotion of commerce, art, science, sports, education, research, social welfare, religion, charity, protection of environment or any such other object; 2. intends to apply its profits, if any, or […]
In this write-up, we will discuss the meaning of the Financial Year for the company incorporated after 1st January. In Companies Act, 2013 only define Financial Year. However, “the year” is not defined. So the definition under the General Clauses Act, 1897 will be applicable, and as per the General Clause Act, 1897, year means […]
Article explains what is Memorandum of Association (MOA), Clauses under Memorandum of Association, What is Article of Association (AOA) and What an Article of Association contains. MOA AND AOA OF A COMPANY UNDER COMPANIES ACT, 2013 MEMORANDUM OF ASSOCIATION (MOA): THE MEMORANDUM OF ASSOCIATION, as observed by Palmer, ‘is a document of great importance in […]
OVERVIEW OF BOARD COMMITTEE AUDIT COMMITTEE: Section 177 of the Companies Act, 2013 The Audit Committee is required to be formed by the following companies: 1. Every Listed Public Companies OR Every Public Companies with: 1. Paid up capital of Rs. 10 crores or more OR 2. Turnover of Rs. 100 crores or more OR […]
SECTION 173: 1. First Board Meeting of the Company shall be held within 30 days of the date of incorporation. 2. A minimum of four meetings shall be held every year and the gap between two such meetings shall not be more than 120 days. 3. Secretarial Standard on Board Meetings (SS-1) has been issued […]
Alteration In Charter Documents of The Company Alteration of Memorandum of Association Alteration In Charter Documents of Company – Alteration of MOA ALTERATION IN CHARTER DOCUMENTS OF THE COMPANY ALTERATION OF MEMORANDUM OF ASSOCIATION: 1. Change in Name clause: The name of the company can be changed by passing special resolution and with written approval […]
OVERVIEW OF DIRECTORS IN A COMPANY MEANING: According to Section 2(34) of the Companies Act, 2013 a director is director who is appointed to the Board of the company. According to Section 2(10) of the Companies Act, 2013 Board or Board of Directors in the company means the altogether body of the directors of the […]
