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 first proviso to section 203(1) of Companies Act, 2013 provides that an individual shall not be appointed/reappointed as the chairperson of a company as well as its MD/CEO at the same time unless the articles of such company provide otherwise or the company does not undertake multiple businesses.
Section 90(1) of Companies Act, 2013– significant beneficial owner Every individual, who acting alone or together, or through one or more persons or trust, including a trust and persons resident outside India Holds beneficial interests, of not less than twenty-five per cent. or such other percentage as may be prescribed, in shares of a company […]
This Article contains the various provisions of DIR-3 e-KYC norms, fees and consequences of non-filing within due date and guide to file form DIR-3 KYC.
The Ministry of Corporate Affairs vide its notification dated June 13, 2018 introduced the Companies (Significant Beneficial Owners) Rules, 2018 with the intention of identification of Significant Beneficial Owners who required to comply with certain formalities as per the above-mentioned rule. Applicability of Companies (Significant Beneficial Owners) Rules, 2018 Companies (Significant Beneficial Owners) Rules, 2018 are […]
Section 90 of the Companies Amendment Act, 2017 has replaced the provision relating to Significant Beneficial Owners to remove the difficulties on regulatory authorities to verify the identity of individuals who ultimately owned and controlled the company.
Article explains Classification of Companies as limited Companies and unlimited Companies, Classification of Companies as Private and Public Companies, Legal Requirements for formation of a Company and also about formation of Public Company, Private Company and One Person Company (OPC). Classification of Companies as limited Companies and unlimited Companies 1. Every Company formed under the […]
On the Letter Head of Company BOARDS’ REPORT To The Members, ……………………PRIVATE LIMITED Your Directors have pleasure in presenting the …….. Boards’ Report of the Company together with audited Statement of Accounts and the Auditors’ Report of your company for the financial year ended 31st March, 20xx. FINANCIAL RESULTS (Amount in Rs.) Financial Results Year […]
1. Check the Articles of Association (AoA) of the Company to verify whether necessary authority/powers is there to increase the authorised share capital of the Company. Note: If such authority is not provided for in the Articles of Association, then the provisions in AoA has to be amended to include provisions authorising the company to […]
In supersession of the guidelines issued earlier, the revised and updated guidelines for the companies to facilitate the refund of the claims by IEPF Authority in the light of resubmission option provided in eform IEPF-5 and list of annexures to be attached in the verification report are enclosed.
A Registered Office of the Company is the official address/correspondent address of a company to which all official letters & reminders will be sent by any person, any government or non-government or regulatory body. In terms of Section 7 of the Companies Act, 2013 (the “Act”), all registered companies are legally required to have a registered office address in India within thirty days from the date of incorporation Under Companies Act, Shifting of the registered office of Company from one state to another required many approvals like shareholders, Regional Director (RD) & many intimations like Chief Secretary, Creditors, Public, & Registrar of Companies etc. Consequently, Change in registered office is a big task under the Act. It takes approximately 2-3 month to complete the process.
