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...
RECENT MCA UPDATES Due to the unprecedented situation of COVID-19 second wave in nation it has become both challenging and difficult for the corporates to comply with the compliances. As a result of many representation and request by the stakeholders the Govt. has decided to provide certain relaxations as on 03.05.2021 which are as follows: […]
Compliance Relaxation to Business to Lessen Hardship of Covid 19 Wave-by Ministry of Corporate Affairs A. Circular No. 09/2021 dated 05/05/2021 – Covid 19 Relaxation ON CSR activities Following spending of CSR fund are eligible CSR activity under item nos. (i) and (xii) of Schedule VII of the Companies Act, 2013: creating health infrastructure for […]
1. Extension of time gap between two consecutive Board Meetings. General Circular No. 08/2021 Dated 03-05-2021 The requirement of holding meeting of the Board of the companies within the intervals provided in the section 173 of the Companies Act, 2013 (120 days) have been extended to 180 days for first two quarters of the FY […]
Gap between two consecutive Board Meetings may extend to 180 days for Quarter – April to June 2021 and Quarter – July to September 2021, instead of 120 days In view of the difficulties arising due to resurgence of COVID-19 pandemic and request received from stakeholders, the Ministry of Corporate Affairs (“MCA”) vide its General […]
Compliances Forms Due between 01/04/2020 to 31/05/2021 Ministry of Corporate affairs vide its General Circular No. 06/2021 Dated: 03/05/2021 has grants relaxation to the Companies and LLP to file the forms due between 01/04/2020 to 31/05/2021 without any additional fees upto 31/07/2021 except the forms CHG 1, CHG 4 and CHG 9. Forms Related with […]
Amendment In Schedule III under Companies Act 2013 Schedule III to Companies Act, 2013 (hereafter referred to as the Schedule) was modified vide notification dated March 24, 2021 to enhance various additional disclosure requirements while preparing the financial statements of a company. These amendments are applicable to audit reports issued in respect of accounting years commencing on […]
Relaxation of Timeline for Filing Forms Related to Creation or Modification of Charges Due to the covid 19, the pandemic ministry has provided some sort of relief to aid stakeholders by cutting down the time frame as follows: Applicability: CHG 1 and CHG 9 first case: Creation/modification made before 01.04.2021 but the due date for […]
Remuneration to Non Executive and Independent Director (NED & ID) after 18th March 2021 ♦ Non- Executive and Independent Director brings governance, transparency, independent and fair view in the Board and they are much needed in a company having losses. However Section 197 of the Companies Act, 2013 (CA 13), provided that the company can […]
Central Scrutiny Centre (CSC)—Under MCA Effective from 23 March 2021 Ministry of Corporate Affairs (MCA) had issued a Notification on March 18, 2021 which shall be effective from March 23, 2021 notifying as follows: Link of the notification https://taxguru.in/company-law/mca-establishes-central-scrutiny-centre-carrying-out-scrutiny-stp-e-forms.html 1. MCA vide power u/s 396 (1) & (2) of the Companies Act, 2013 (CA 13) […]
Three Circulars by MCA dated May 03, 2021 in view of the difficulties arising to resurgence of Covid-19 1. Relaxation of Time in filing and levy of additional fees in filing of certain forms by the company and LLP MCA issued a General Circular No. 06/2021 dated May 03, 2021, relaxing the time and additional […]
