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 : The Companies Act, 2013 and related rules now require most public and private companies to issue and transfer securities only in d...
Company Law : The Companies Law Amendment Bill, 2026 proposes major reforms in corporate governance, compliance, and digital regulation. This ar...
Company Law : This guide explains the complete legal procedure for shifting a company’s registered office within the same state but under a di...
Company Law : Section 56 of Companies Act, 2013 requires execution of a proper instrument of transfer for transfer of interest of a member in a ...
Corporate Law : The article explains how digital adjudication systems, virtual hearings, and online compliance platforms are reshaping India’s c...
Company Law : Provisional list of audit firms of listed companies yet to file NFRA-2 for 2023-24. Filing deadline was 30.11.2025; fines apply fo...
Company Law : ICSI recommended restoring public access to basic company master data without mandatory login requirements. The representation sta...
Company Law : NFRA introduced guidelines to evaluate audit firms’ compliance and quality control systems. The framework emphasizes governance,...
Company Law : The issue is ambiguity in filing authority during liquidation. ICSI has requested clarity to enable liquidators to maintain statut...
Company Law : The initiative addresses inefficiencies in the current filing system and proposes consolidation and automation. It highlights a sh...
Income Tax : In a commercial suit regarding specific performance, High Court had allowed a Civil Revision Petition by setting aside the order o...
Company Law : The Madras High Court permitted Nidhi companies to submit fresh replies against NDH-4 rejection orders and directed authorities to...
Company Law : Legal Analysis and Narrative Brief: Dale and Carrington Investment Pvt. Ltd. and Another v. P.K. Prathapan and Others (Supreme Cou...
Company Law : Bombay High Court held that writ petition cannot be entertained in the face of availability of alternative remedy of approaching t...
Company Law : The case examined whether Tribunal approval was required for extending preference share redemption. It was held that such extensio...
Company Law : ROC Pune held that procedural lapses in a private placement involving one investor formed part of a single integrated transaction ...
Company Law : ROC Pune penalized a start-up company and its officers for delayed filing of e-Form MGT-14 relating to a Special Resolution under ...
Company Law : ROC Pune penalized a company and its directors for delayed filing of e-Form PAS-3 relating to private placement allotment under Se...
Company Law : ROC Pune penalized a company and its directors for utilizing private placement funds before filing return of allotment under Secti...
Company Law : ROC Mumbai-II imposed penalty under Section 450 after a company incorrectly mentioned the AGM date in Form AOC-4 XBRL. The order h...
Sections in Companies Act 2013 which are Punishable in nature (Both Compoundable and Non-Compoundable) Offenses under Companies Act 2013 are categorized under following categories:- 1. Offenses which are Liable to Penalty (They are Adjudicated by ROC’s themselves in an IAM mechanism) {https://taxguru.in/company-law/sections-companies-act-penal-provisions-subjected-in-house-adjudication-framework.html} 2. Offenses which are Punishable in Nature and can be Compoundable offense or […]
Sections in Companies Act which has Penal Provisions subjected to In-House Adjudication Framework With the Advent of Companies Amendment Act 2020 MCA has focused on In-House Adjudication. In house Adjudication Mechanism has been brought forth to unburden the NCLT and special Courts under Companies Act 2013. Non-Compliances by the Companies triggers the Penalty across various […]
FORM NFRA – 2 is governed by Section 132 of the Companies Act, 2013 and rule 3 and 5 of the National Financial Reporting Authority Rules, 2018. This is a Annual Return to be filed by Auditor with the National Financial Reporting Authority (NFRA). Applicability of FORM NFRA – 2 Applicable on Auditors of below mentioned companies: […]
Article contains Updates of RBI, SEBI, MCA for the month of June-July 2021 on following topics – ♦ Retail & Wholesale trade can migrate to Udyam Registration Portal ♦ Standard Operating Procedure for listed subsidiary company desirous of getting delisted through a Scheme of Arrangement wherein the listed parent holding company and the listed subsidiary […]
Company is an Artificial Person created by Law. Company is run by Board of Directors. Board of Directors is appointed by Shareholders of the company. Major decisions for the benefit of company are taken by Board of Directors on behalf of shareholders in the best interest of the company and for enhancing shareholders value. The […]
Compliances are something which are mandated by the law and Every Company registered under Companies Act 2013 or erstwhile Companies act 1956 have to Comply with the provisions of Law. Non Compliances hampers the functioning of Company and defaulters often have to face penal Consequences which can be monetary or may have Imprisonment of a […]
Annual General Meeting (AGM) is an opportunity for the shareholders to interact with the management of the company. Companies Act, 2013, as amended from time to time (Act) mandates all companies registered in India, other than One Person Company to hold an AGM during every calendar year, except in the year of its incorporation.
There’s a confusion amongst Professionals regarding requirement of preparing form MGT-9 for F.Y. 2020-21. For that matter, let’s take into consideration the developments made by the Ministry from time to time. 1. Section 36 of the Companies (Amendment) Act, 2017 notified vide notification no. S.O. 3838(E) Dated 31st July 2018. Section 36 was intended to amend the […]
Recently, a friend of mine approached me saying that he wants to close his company as he has never started any operations in that company and does not have any intention to do so. “When was your company incorporated?” I asked. “Five months back.” He answered. “You need to wait for at least one year […]
Conversion of Public Company Into Private Company is governed by following Provisions of Companies Act and Rules- 1) Relevant Section and rules for Conversion: a. Section 13: Alteration of Memorandum of Association. b. Section 14: Alteration of Articles of Association. c. Section 18: It provides the manner in which an existing Company can convert itself […]
