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...
eForm CRA-2 – Form of intimation of appointment of cost auditor by the company to Central Government Part I – Law(s) Governing the eForm eForm CRA-2 is required to be filed pursuant to section 148(3) of The Companies Act, 2013 and rule 6(2) and 6(3A) of The Companies (cost records and audit) Rules, 2014 which […]
CRL – 1 –Form for Information to the Registrar by company regarding the number of layers of subsidiaries Part I – Law(s) Governing the eForm Every company other than certain exempted class of companies, which has number of layers of subsidiaries in excess of the layers specified in the Companies Act 2013 shall file a […]
Intimation of Director Identification Number By Company To Registrar | DIN Services | eForm DIR-3C Part I – Law(s) Governing the eForm DIR-3C Rule Number(s) eForm DIR-3C is required to be filed pursuant to Section 157 of the Companies Act, 2013 & Rule 10A (2) of the Companies (Appointment and Qualification of Directors) Rules, 2014 […]
AUDIT UPDATE In this document, we have discussed the major changes and new insertions in CARO (Companies Auditor’s Report Order), 2020 as compared to CARO 2016. 1. Applicability: (Modified) CARO 2020 shall not apply to the auditor’s report on consolidated financial statements EXCEPT, if there are qualifications or adverse remarks given by respective auditor of […]
India Awake For Transparency Vs Union of India (Delhi High Court) Conclusion: Assessment of qualifications, experience, etc. as eligibility conditions of a candidate was purely the domain of the Executive and the Selection Committees. Assessee had been unable to make out a case, which would lead to a conclusion that the Authority of NCLAT Technical […]
There might be situations where a person is forced to retire from his office, not voluntary of course, then this section acts as a cushion and sword for him for compensation for his loss of such office. Accordingly, in this article we shall study about the provisions of Section 202 of the Companies Act, its applicability, timeline, quantum of loss that can be claimed and other frequently asked questions (FAQs).
Whаt is XBRL: XBRL is а stаndаrdized соmmuniсаtiоn lаnguаge in eleсtrоniс fоrm tо exрress, reроrt оr filing оf finаnсiаl stаtements by Соmраnies. XBRL is оnly а methоd оf presentation оr reроrting. It dоes nоt mаke аny сhаnges in the соntent tо be reроrted. Full fоrm оf XBRL: The full fоrm оf XBRL is “EXTENSIBLE BUSINESS […]
The word ‘AUDIT’ has Latin origins. It is derived from the Latin term ‘audire,’ which means to hear as back then auditor used to listen to the accounts read over by an accountant in order to check them.
BRIEF NOTE ON SECTION 8 MICRO FINANCE COMPANIES Section 8 Microfinance companies as the name suggests, are financial institutions that provide finances to low-income groups, These companies are introduced to ease the credit system for small businesses as they don’t get a loan from banks due to their complex process. Therefore, it is commonly named […]
Detailed compliance checklist for a Company w.r.t. Investor Education and Protection Fund (IEPF) BACKGROUND Investor Education and Protection Fund (IEPF) is a Fund established by the Central Government to pool all the unpaid / unclaimed amounts belonging to the Investors and remaining unpaid / unclaimed for 7 (seven) years. The Fund has been created for […]
