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 : MSME Form-1 Filing: Do You Really Need to Report Payments Made Within Made Within 45 Days? Introduction The Ministry of Corporate ...
Company Law : Explore four legal methods to voluntarily wind up a private company in India, including summary winding up, strike-off, and liquid...
Company Law : CSR in India is evolving from legal compliance to a value-driven strategy aligned with sustainability and social development goals...
Company Law : Explore the challenges of director accountability in India, focusing on corporate scams like Satyam and IL&FS, and how Indian comp...
Company Law : Learn about the role of directors, board meetings, quorum, and company regulations as per the Companies Act, 2013, and Secretarial...
Corporate Law : Understand share capital updates on MCA V3. Find FAQs on e-forms, Class Wise Master, event dates, and important do's and don'ts fo...
Company Law : Government penalized companies for CSR non-compliance under the Companies Act. Details of penalties, CSR spending, and fund transf...
Company Law : NFRA's 2023 inspection of Deloitte Haskins & Sells LLP finds improvements but notes ongoing issues in key audit areas....
Company Law : NFRA highlights auditor responsibilities in related party transactions, emphasizing compliance with Ind AS 24, SEBI regulations, a...
Company Law : NFRA outlines audit strategy and planning requirements, emphasizing auditor communication with audit committees and compliance wit...
Company Law : NCLAT Delhi held that granting waiver u/s. 244(1)(b) of the Companies Act, 2013 justified in a petition alleging oppression and mi...
Company Law : Karnataka High Court held that the provisions of section 197(15) of the Companies Act are amended and made effective from 02.11.20...
Income Tax : ITAT Bangalore held that provisions of section 115JB of the Income Tax Act cannot be applied to assessee bank and consequently the...
Company Law : The Adjudicating Authority by the impugned order rejected MA No.03 of 2023. The Adjudicating Authority held that non-compliance by...
Company Law : The Respondent had preferred applicaton under Section 66 of the Code wherein Respondent Nos. 1-2 are the suspended directors and t...
Company Law : Hankook Latex Pvt Ltd penalized for delay in filing SBO disclosures under Section 90 of Companies Act, 2013. MCA imposes fines on ...
Company Law : Regional Director rejects M. Harish Babu's appeal against penalty for Preethi Villas Pvt Ltd audit non-compliance due to pending S...
Company Law : Regional Director modifies ROC order, reducing penalty on Sutara Roads & Infra and its directors for CFO appointment delay....
Company Law : Order against Ecospace Commodities Trade Private Limited for violating Companies Act, 2013, Section 12(1) by not maintaining a reg...
Company Law : Order against Shivnath Holdings Private Limited for violating Companies Act, 2013, Section 12(3)(c) by not printing CIN on letterh...
The companies act, 2013 has come into existence on 29.08.2013 that replaces a nearly six decade-old legislation and overhauls the way corporate function and are regulated in the country. This article contains the description of some provisions related to audit and auditors which have been modified in companies Act, 2013. 1). Appointment of first auditor […]
The Ministry of Corporate Affairs has notified 98 sections of the new Companies Act, 2013. These sections have come into effect from 12th September 2013. Subsequent to coming into effect of these Sections under the new Act, the corresponding Sections under the Companies Act, 1956 automatically stand repealed.
The draft Rules for following 9 chapters under the Companies Act 2013 is made live for public comments in 2nd phase. The last date of receiving comments on these rules is 19/10/2013: Chapter III – Prospectus and Allotment of Securities Chapter IV – Shares Capital and Debentures Chapter VII – Management and Administration
The MCA has now made available/live, for public comments, the draft forms for the following Chapters out of the First Set of 16 Draft Rules released by it on 9 September 2013:-
The Ministry of Corporate Affairs by notification dated 12th September 2013 has appointed 12th of September 2013 as the date on which certain provision of the Companies Act, 2013 shall come into force. In this context, I have prepared two tables, one for definitions that have not come into force
The new Company law has the Potential to Unleash Huge Economic and Social Value – Sachin Pilot Highlighting the important features of the Companies Act, 2013, the Minister of Corporate Affairs has said that the Act is the result of intensive consultative process by his Ministry with industry, professionals, corporates and other stakeholders. Addressing a […]
Ministry of Corporate Affairs issues Notification for Commencement of 98 Sections of the New Act- The Companies Act, 2013 as passed by the Parliament and assented to by the President of India is available on the Ministry of Corporate Affairs’ website at www.mca.gov.in.
The Companies Bill, 2013 Receives the Assent of the President Published in the Gazette of India as Act No. 18 of 2013 The historic new Company Law in the country has been enacted with the President of India giving his assent to the Companies Bill, 2013. It has now been published in the Gazette of […]
CS S. Dhanapal With the approval of Companies Bill by Rajya Sabha (the Upper house of Parliament) and assent by Honourable President, Corporate India has found its true independence. Indian Corporate Sector which was reeling under the age old Companies Act, 1956 has got a fresh lease of life and the old legislation has got […]
Rajya Sabha has passed the much awaited Companies Bill 2013 on 8th August 2013 which was passed by Lok Sabha on 18th December 2012.and amendments to it are passed by lok sabha on 13th august 2013. The Bill is all set to replace the 57 year old Act. In the Companies Bill 2013, various new […]
