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...
Introduction The formation of a company takes place when a number of people come together for achieving a specific purpose. This purpose is usually commercial in nature. To incorporate a company, an application has to be filed. This application is required to be submitted with a number of documents to CRC (Central Registration Centre). One […]
FORMATION OF SECTION 8 COMPANY ♣ When a person or an association of person is desirous of forming a Limited Company with any of the below objectives/intentions: (a) promotion of commerce, art, science, sports, education, research, social welfare, religion, charity, protection of environment or any such other object; (b) apply its profits, if any, or […]
Annual Compliances for Section 8 Company ♣ Section 8 Company is the Company, which– a. 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; b. intends to apply its profits, if any, or other income in promoting its objects, […]
As per Section 2(16) of the Companies Act, 2013, ‘Charge is defined as an interest or lien created on the property or assets of a company or any of its undertakings or both as security and includes a mortgage‘. Concept of charge is explained under Chapter VI of the Companies Act, 2013 ranging from Section […]
In order to enhance transparency and reporting, Ministry of Corporate Affairs has issued Companies (Auditor’s Report) Order, 2020 on Tuesday, 25th February, 2020 after consultation with the National Financial Reporting Authority (NFRA) and on the basis of powers conferred under Section 143(11) of Companies Act, 2013. The Companies (Auditor’s Report) Order, 2020 supersedes the Companies […]
Amendments in the Companies Act, 2013 and MCA relaxations due to outbreak of COVID-19 1) General circular 10/2020 & 15/2020 – Regarding clarification on spending for CSR Funds for COVID-19 & FAQs thereof : – The Ministry of Corporate Affairs via General circular number 10/2020, clarified that the amount spend on account of CSR funds […]
Overview Central Government has recently amended the provisions related to NIDHI under the Companies Act and the Rules (effective from 15.08.2019). Why amended: √ to make regulatory regime for Nidhi Companies more effective and √ also to accomplish the objectives of transparency & √ investor friendliness in corporate environment of the country. Define Nidhi:(Under Nidhi […]
Deposit Section 2(31) of Companies Act, 2013 provides that Deposit includes any receipt of money by way of deposit or loan or in any other form by a company, but does not include- 1. Any amount received from central or state government 2. Any amount received from Foreign Government/ Foreign Bank/ Foreign Company 3. Any […]
To deal with the precarious situation due to outbreak of Covid-19 and the Ministry of Corporate Affairs have given major relaxations with respect to holding of Board meeting through physical presence of Directors by amending Rule 4 of Companies (Meeting of Board and its Powers) Rule, 2014. The Ministry of Corporate Affairs (MCA) vide its […]
ANNUAL RETURN [Section 92 of Companies Act, 2013 and Companies (Management and Administration) Rules, 2014] Annual return is significant document for the stake holders of the company as it provides very comprehensive information about various aspects of company. It gives disclosures and greater insight into the non-financial matters of the company and the people behind […]
