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 : Learn the step-by-step process to incorporate a Private Limited Company in India, from DSC and MCA ID to name reservation and post...
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 ...
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...
CORPORATE SOCIAL RESPONSIBILITY (CSR) UNDER SECTION 135 OF THE COMPANIES ACT, 2013 READ WITH THE COMPANIES (CORPORATE SOCIAL RESPONSIBILITY POLICY) RULES, 2014 WHAT IS THE CSR? CSR is a Concept whereby Companies not only consider their profitability and growth, but also the interests of society and the environment – by taking responsibility for the impact […]
MCA notifies PM CARES as eligible to receive CSR Corpuses of corporates as it amends Schedule VII of Companies Act, 2013 vide Gazette Notification dated 26th May, 2020 and included Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) in Corporate Social Responsibility (CSR) Activities under Section 135 of Companies Act, 2013. […]
What Is an Employee Stock Ownership Plan (ESOP)? An ESOP is an employee benefit plan that gives workers ownership interest in the company that is floated by the Company to encourage the employee ownership in the Company. ESOPs give the Employer Company, the selling shareholder, and participants receive various benefits like tax benefits, making them […]
Companies Fresh Start Scheme, 2020 (CFSS) under Section 460 of the Companies Act, 2013 (Act) read with Section 403 to provide a first of its kind opportunity to long defaulting companies to make good any filling related defaults, irrespective of the duration of defaults, without any additional fees/ penalty / prosecution and make a fresh start as a fully compliant entity.
Private Limited Company is defined under Section 2(68) of the Companies Act, 2013, means a company which by its Articles: (i) Restricts the Right to transfer its shares. (ii) Expect in case of One Person Company, limits the number of its members to Two hundred. Provided that where two or more persons hold one or […]
Independent Directors are directors who are not associated with the company. They are important for strengthening the corporate governance contributing significantly at the boards by bringing a specialized set of skills with an independent judgement. Independent Directors act as the custodians of good governance and balances the interest of the company and the interest of […]
In order to provide relief to law-abiding Companies and Limited Liability Partnerships (LLPs) from the COVID 19 impact, the Ministry of Corporate Affairs (MCA), has introduced the ‘Companies Fresh Start Scheme, 2020‘ and revised the ‘LLP Modified Settlement Scheme, 2020‘. Both schemes provide a one-time waiver of additional filing fees for delayed filings by the companies or LLPs […]
MCA vide circular No. 11/2020 dated 24th March, 2020 has taken certain measures, to address COVID -19 including economic disruptions caused by it, for companies in order to reduce their compliance, burden and other risks and notified Company Fresh Start Scheme 2020 for defaulting Companies to give them an opportunity to be Legal Compliant under […]
Request Letter for Transfer of Shares Date: Place: To, The Board of Directors ………………….. ………………….. Sub: Request for transfer of………………….. Equity Shares Ref:- Folio No ……………………………………….. Dear Sir(s) This is to inform you that I,………………….. , the Shareholder of …………………..shares in your Company, request you to transfer my …………………… Equity Shares held in the Company […]
Request letter for Splitting of Share Certificate Date : Place: To …………………………………..Ltd. ………………………………….. ………………………………….. Dear Sir/Madam, Subject: Splitting of share Certificate Ref: Folio No. : I am shareholder of your Company holding………………………………….. Equity Shares of Rs 10 each under captioned folio no………………………………….. I wish to split Share Certificate No……………………Into………………………………….. Certificates of………………………………….. Equity Shares each. I […]
