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...
The Ind AS shall be applicable to the companies as follows: As notified by MCA as on 16/02/15 in Companies (Indian Accounting Standards) Rules, 2015. Obligation to comply with Indian Accounting Standards (Ind AS). – (1) The Companies and their auditors shall comply with the Indian Accounting Standards (Ind AS) specified in Annexure to these rules in preparation of their financial statements and audit respectively, in the following manner
Under Section 164(1) of Companies Act, 2013 A person cannot be appointed as director in any of the following cases (a) he is of unsound mind and stands so declared by a competent court (b) he is an undischarged insolvent; (c) he has applied to be adjudicated as an insolvent and his application is pending
The Companies (Amendment) Ordinance, 2018 was promulgated on November 2, 2018. It amends several provisions in the Companies Act, 2013 relating to penalties, among others. Companies (Amendment) Ordinance, 2018 1. The issue of shares at a discount The Act prohibits a company from issuing shares at a discount, except in certain cases. On failure to […]
There is always confusion between ‘Fine and Penalties’. Through, this editorial author made an attempt to elaborate the difference and basic meaning of between ‘Fine & Penalties’. Let’s first see the meaning as per dictionary: Fine Penalty As per Oxford Dictionary: Fine is “a sum of money exacted as a penalty by a court of […]
Ministry of Corporate affairs has finally get back a very well fine concept which was also available in the erstwhile Companies Act, 1956 i.e. Certificate of Commencement of Business. Origin The President of our Country i.e. Sh. Ram Nath Kovind Ji on 2nd Day of November, 2018 passed an Ordinance called as, The Companies (Amendment) […]
The Registrar of Companies in the financial year 2017-18 struck off many Companies in accordance with the provisions of the Section 248(1) of the Companies Act, 2013 in its first trench and consequently, launched its second drive to strike off lakhs of Companies again in August, 2018. In this article, we shall study that what […]
Article covers Applicable Provisions for Alteration of Share Capital under Companies Act, 2013, Definition of Alter or alteration, Types of alteration of share capital U/s 61, Draft Of Ordinary Resolutions For Alteration Of Share Capital U/S 61 for a. Increase of authorized capital, b. Consolidation of share capital, c. Sub-division of share capital, d Conversion of fully paid-up shares into stock and e. Cancellation of Shares (in Authorized Share Capital).
This write up deals with the changes brought pursuant to the Companies (Incorporation) Fourth Amendment Rules, 2018 and the Companies (Registration of Charges) Second Amendment Rules, 2018 .
Disclosure regarding implementation of Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 (SH Act,2013) made mandatory in the Director’s report as per amended the Company (Account) Rules, 2014 Press Information Bureau Government of India Ministry of Women and Child Development 21-December-2018 17:22 IST Disclosure regarding implementation of SH Act made mandatory […]
Introduction Ministry of Corporate Affairs (MCA) by way of its Gazette notification dated 18th December, 2018 amended Companies (Incorporation) Rules, 2014. Rule 41 of the said rules provides for conversion of Public Company into Private Company. Earlier, for conversion, application was require to be made before NCLT bench and it is quite time consuming process. […]
