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...
POWER OF SECURITIES AND EXCHANGE BOARD OF INDIA (SEBI) TO REGULATE ISSUE AND TRANSFER OF SECURITIES, ETC SECTION 24 of Companies Act, 2013 deals with the provisions contained in this Chapter, Chapter IV and in section 127 shall,— (a) in so far as they relate to — (i) issue and transfer of securities; and (ii) […]
Ministry of Finance Companies (Second Amendment) Bill, 2019 would enable the listing of Indian companies on stock exchanges in foreign jurisdictions. Posted On: 04 MAR 2020 The Union Cabinet, chaired by the Prime Minister, Shri Narendra Modi has approved the Companies (Second Amendment) Bill, 2019 to amend the Companies Act, 2013. The Amendment Bill, inter […]
Companies (Second Amendment) Bill, 2019 would remove criminality under the Act in case of defaults which can be determined objectively and which, otherwise, lack the element of fraud or do not involve larger public interest. This would also lead to further de-clogging of the criminal justice system in the country.
This Section comes into picture when Company does some specified contracts or arrangements with related parties. The intention behind this section is to protect the company from any loss which may arise to it because of any transaction with related parties as defined in the Act. This Section only specifies 7 transactions and provisions related […]
Various acts of IL&FS like over borrowing were prejudicial to the public interest which had cascading impact on various sectors of the economy and the red signals were raised against the IL&FS by the country and even by the department of economic affairs of the country, therefore, before passing any appropriate order in public interest and to save the economy of the Country from collapse, if the Tribunal was of the opinion that it required to give appropriate hearing to the concerned parties, including those who audited ‘IL&FS’ and/ or those who have managed or were concerned with ‘IL&FS’ or its Group Companies, it could not be held to be illegal.
Statutory Remedy Against Refusal to Transfer Shares Under Section 58 of the Companies Act 2013 The process to be followed by the shareholders, if the company refuse to transfer their shares. The power can be exercised by the shareholders as per the provisions of section 58 of the Companies Act, 2013. Statutory Remedy Against Refusal […]
Article explains Importance of independence of independent directors, Recognition And Importance Of Independent Director Under Company Law, Role of Independent Director in CSR Committee, Role of Independent Director in Board meeting, Role of Independent Directors in this Meeting, Role of Independent Director in Audit Committee, Role of Independent Director in Nomination and Remuneration Committee and […]
The monthly Newsletter – encompasses MCA notifications issued in the month of February 2020, informal Guidances given by SEBI on SEBI SBEB , Takeover and Insider Trading Regulations and NCLT judgement in Videocon Insolvency case. Independent Directors who could not get themselves registered on IICA databank can rest easy. The deadline for registration has been extended […]
The MCA has issued the Companies (Auditor’s Report) Order, 2020 (CARO 2020), on 25th February 2020 in supersession of the Companies (Auditor’s Report) Order, 2016. Applicable from: Audit of financial statements for the financial year commencing on or after 1st April 2019. Based on the government’s objective to strengthen the corporate governance framework and to […]
MCA has clarified on Its website that New companies incorporated through SPICe+ and thereby have obtained EPFO/ESI numbers will have to file statutory returns only when they cross thresholds prescribed under the relevant Acts.