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.
CA, CS, CMA : A comprehensive guide covering 175 legal compliances for July 2026 under FEMA, Income Tax, GST, SEBI, Companies Act, Labour Laws, ...
Company Law : The Companies Act, 2013 requires most companies to hold four Board Meetings annually, while OPCs, Small Companies, and Dormant Com...
Company Law : This guide provides a complete AGM compliance tracker covering pre-AGM, AGM-day, post-AGM, and IEPF obligations under the Companie...
Company Law : MCA has revised the Director KYC framework, requiring DIR-3 KYC (Web) only once every three financial years. The changes reduce co...
Company Law : Learn how the Companies Act, 2013 regulates managerial remuneration through profit-linked limits, approval requirements, and gover...
Company Law : MCA has cautioned stakeholders against phishing calls, WhatsApp messages, emails, fake websites, and ZIP attachments impersonating...
Company Law : ICSI has urged the Government to amend the law to allow Company Secretaries in Practice to appear before DRTs and DRATs. It argues...
Company Law : ICSI has urged the MCA to ensure eligible companies comply with Section 203 by appointing Whole-time Company Secretaries. The repr...
Corporate Law : NSO has launched the Annual Survey of Incorporated Services Sector Enterprises (ASISSE) to collect comprehensive economic and oper...
Company Law : ICSI has requested the MCA to grant compliance relaxations following technical disruptions caused by the Data Centre fire. The pro...
Company Law : Madhya Pradesh HC dismissed a winding up petition, holding that a bona fide dispute over liability required adjudication before th...
Company Law : NCLT retained the freeze on assets citing serious SFIO findings but ordered defreezing of the salary account and family members' a...
Corporate Law : The Court ruled that, without a transfer application and parallel insolvency proceedings, shifting a winding-up case to NCLT was u...
Company Law : NCLT permitted stakeholder meetings after accepting clarifications on forfeited warrants, disclosures, and scheme compliance under...
Company Law : The NCLAT held that CFO nominees must satisfy the eligibility requirements under Section 203 of the Companies Act. It set aside th...
Company Law : MCA has allowed companies to file Form DPT-3 for FY 2025-26 without additional fees until 31 July 2026 due to disruptions caused b...
Company Law : MCA notifies the New Development Bank under Section 2(11)(ii) of the Companies Act, 2013, specifying it as a body corporate for th...
Company Law : ROC Mumbai penalized a director after Form AOC-4 contained an incorrect AGM due date. The order emphasizes that directors are resp...
Company Law : ROC Mumbai imposed a penalty after finding that an individual held two Director Identification Numbers in violation of Section 155...
Company Law : ROC Mumbai penalized a Whole Time Director for filing Form DIR-12 with an incorrect CFO appointment date. The order reiterates tha...
NFRA imposes monetary penalty of Rs Five Lakhs upon CA Rajiv Bengal In addition he is debarred for Five years from being appointed as an auditor or internal auditor or from undertaking any audit in respect of financial statements or internal audit of the functions and activities of any company or body corporate.
It seems that MCA frequently amending the definition of Small Company to provide many advantages to Corporates. This move of MCA is expected to lighten the compliance burden of about 400,000 companies in India.
Ensure compliance with Schedule III Additional Requirements using our comprehensive checklist and referencer. Ideal for Small & Medium Sized Companies, this audit tool covers the latest changes effective from 01.04.2021. Navigate through Balance Sheet and Profit & Loss disclosures, from rounding off figures to details on shareholding, current maturities of LT borrowings, ageing schedules, property holdings, and financial ratios. Simplify your financial reporting with our easy-to-follow checklist, aiding your company’s adherence to the Companies (Accounting Standards) Rules, 2006.
Explore the latest amendment to the definition of Small Company under Section 2(85) of The Companies Act, 2013, as per the MCAs Notification No. G.S.R. 700(E) dated 15th September 2022. Gain insights into key considerations, revised limits, and the impact on ease of doing business. Understand the exemptions provided to small companies, including aspects like cash flow statement preparation, CARO 2020 reporting, auditor rotation, and internal financial controls.
Companies Act, 2013 is a landmark legislation with a far reaching impact on all companies incorporated in India. The act is more outward looking and has been developed with a motive to keep in align with the international requirements. It is expected to set the tone for a more modern legislation which enables growth and prospects in the corporate sector in India.
Company Legislation in India started with the Joint Stock Companies Act, 1850 which was based on the England Corporate Law, 1844. The act provided for the incorporation of the Company without obtaining a Royal Charter or Sanction by a Special Act of Parliament.
Discover the importance of asset tagging for businesses in tracking and managing fixed assets. Learn about different types of asset tags, such as barcodes, QR codes, RFID tags, GPS trackers, and NFC tags, and how they contribute to theft prevention, maintenance schedules, and real-time tracking. Find out the significance of data gathered in a digitized asset register, including location, users, purchase history, maintenance schedules, and depreciation value. Ensure a comprehensive tagging process for a holistic view of owned assets with data cleaning, uploading, initial tagging, and updating of Fixed Asset Registers (FAR).
Keeping in view the technical difficulties faced by stakeholders, ICSI request MCA to consider granting exemption from delayed filing fee for these 5 charge related forms, i.e., Form CHG-1, CHG-4, CHG-6, CHG-8 & CHG-9 till October 15, 2022.
Once a company ensures compliance as mentioned in my previous article ‘Company IPO and Challenges’ with all requirements, the company should prepare for the launch of its IPO. First step to the Launch of Company IPO is the hiring of an investment bank
Understand the obligation to mention Director Identification Number (DIN) in returns as per Section 158 of the Companies Act, 2013. Learn about the recent penalty imposed on M/s. Premier Solution Private Limited for non-compliance. Take immediate actions to ensure DIN is correctly indicated in all filings with ROC, NCLT, and other authorities to avoid penalties. Disclaimer: This article provides general guidance and should not be considered specific professional advice. For personalized assistance, consult with Affluence Advisory Private Limited.
