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...
In this article author shall discuss about Relaxation given by MCA in Compliances of Companies Act, 2013 due to COVID-19 Situation, Amendment made by MCA due to Pandemic Situation in Country and . Relaxations from many Due Dates for Filing of Forms, holding of Meetings etc. MCA has issued 23 Notifications and Circulars between between […]
BUY-BACK OF SECURITIES I. Applicable provisions: > Companies Act, 2013 – Section 68 – Section 69 – Section 70 – Rule 17 of The Companies (Share Capital and Debentures) Rules, 2014 > SEBI – Securities and Exchange Board of India (Buy-back of Securities) Regulations, 2018. II. What is Buy-Back? There is no definition given under […]
Introduction The concept of takeover is quite old but in India it began in the 20th century. The first effort to takeover was a failed one in the country. The first take over was of the companies Escorts Ltd. and DCM Ltd. It was however a failed one because there were not any rules and […]
All the companies incorporated under The Companies Act, 2013 are governed by the Companies Act, 2013. And apart from many other provisions, The Companies Act, 2013 has given the liberty for changing the existing name of company in case company is desirous of changing its name. Now, let us go through its important provisions, in […]
Section: 197 of the Companies Act, 2013 Remuneration to Key Managerial Personnel 1. Maximum ceiling for payment of Managerial Remuneration Section 197 of the Companies Act, 2013 prescribed the maximum ceiling for payment of managerial remuneration by a public company to its managing director whole-time director and manager which shall not exceed 11% of the […]
ICAI FAQs on Scheme for relaxation of time for filing forms related to creation or modification of charges under the Companies Act, 2013 Corporate Laws & Corporate Governance Committee of the Institute of Chartered Accountants of India issued and FAQs dated 19.06.2020 on MCA Scheme for relaxation of time for filing forms related to creation […]
Good Day All, Today, Hereby we discuss and understand one time opportunity to the defaulting companies and to enable them to file the belated documents in MCA-21 registry under a scheme named as “Companies Fresh Start Scheme, 2020” Companies Fresh Start Scheme, 2020 (‘CFSS Scheme’) (Came into effect vide circular no. 12/2020 and 13/2020 on 30.03.2020) BASIC THUMB […]
Further Extension of time till 30th September 2020 to creation of deposit repayment reserve of 20% u/s. 73(2)(C) of the Companies Act 2013 and to invest or deposit 15% of amount of debentures u/r.18 of Companies (Share capital and Debentures) Rules 2014 vide General Circular No. 24/2020 Dated: 19th June, 2020. Requirement under section 73(2)(c) […]
EGM refers to Extra – Ordinary General Meetings, called by a company other than scheduled annual meeting (AGM) to deal with urgent matters (Special Businesses). As per Clause 2.2. of Revised SS-2, Items of business other than Ordinary Business may be considered at an Extra-Ordinary General Meeting or by means of a postal ballot, if […]
Extract of Definition of Key Managerial Personnels (KMPs) under Section 2 of Companies Act 2013 Section 2(51) ‘key managerial personnel’, in relation to a company, means— (i) the Chief Executive Officer or the managing director or the manager; (ii) the company secretary; (iii) the whole-time director; (iv) the Chief Financial Officer; (v) such other officer, […]
