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...
Proviso to Rule 14(8) as amended by the Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 2018 and Notification No. GSR 464(E) dated June 5, 2015 are contradict to each other. Therefore, a clarification from MCA is much needed.
According to Section 2(40) of the companies act, 2013, startup means (i) A private company registered under companies act, 2013 or any previous act (ii) Recognized as a startup in accordance with the Department of Industrial Policy and promotions (DIPP). In order to accelerate the spreading of the startup movement in India, the Government had […]
(1) No company shall, directly or indirectly, advance any loan, including any loan represented by a book debt to, or give any guarantee or provide any security in connection with any loan taken by,— (a) any director of company, or of a company which is its holding company or any partner or relative of any […]
As per section 62(1) of the Companies Act, 2013: Where at any time, a company having a share capital proposes to increase its subscribed capital by the issue of further shares, such shares shall be offered, to persons who, at the date of the offer, are holders of equity shares of the company in proportion, […]
Introduction Healthcare is a worldwide concern and not only an issue which alone can be handled by the government. With fast increment and complexity of medical problems it has turned into a critical requirement for corporates to step in and address these issues along-with the Government. Corporates along with other health related sectors should actively […]
Pursuant to Sec 56 of LLP Act along-with schedule 3 deal with conversion of Private Limited to LLP PRE-REQUISITIES: > Every member of the company must agree with the decision of conversion. > All the members become the partners of an LLP and no one else. > The latest copy of Income tax return is […]
Ignore amendments in Corporate Social Responsibility (CSR) provisions at your own risk ! CSR provisions are applicable to every company including its holding or subsidiary company having net worth of INR 500 crores or more or turnover of INR 1000 crores or more, or Net profit of INR 5 crores or more during the immediately […]
♦ APPLICABILITY: Every company having Net worth of Rs 500 cr. Or more or Turnover of Rs 1000 cr. or more or Net profit of Rs 5 cr. or more, during immediately preceding financial year shall constitute a separate CSR (CORPORATE SOCIAL RESPONSIBILITY) committee. However where the amount to be spent for CSR activities does […]
Committees comprise of Board Members along with experts in such field for which the Committee has been formed. However, the Board of Directors are ultimately responsible for the acts of the committee. Board is responsible for defining the committee role and structure.
The Ministry (MCA) has issued Frequently Asked Questions (FAQs) on Corporate Social Responsibility (CSR) vide General Circular No. 14 /2021 dated 25th August 2021, in supersession of its earlier Clarifications/FAQs, for better understanding and facilitating effective implementation of CSR. Some Key insights from FAQs on CSR by MCA are as follows: Applicability: 1) Applicability of […]
