Company Law : The MCA has migrated corporate filings to its new V3 portal. Understand the new web-based forms, enhanced features, and what this ...
Company Law : Erroneous MCA data classifying Independent Directors as 'Directors' leads to legal issues, prompting a systemic correction to prot...
DGFT : India's exporters face mandatory annual IEC updates from DGFT, even with no changes. This practice burdens businesses and raises c...
Corporate Law : Learn the step-by-step procedure to convert a partnership firm into an LLP, along with required documents, forms, and post-convers...
Company Law : Discover the benefits and steps of the fast track merger process under India's Companies Act, 2013, offering speed, cost savings, ...
Company Law : Since the stakeholders are still facing difficulties in accessing the MCA portal and filing of e-forms resulting in delayed filing...
Corporate Law : Asserting that Companies that have not filed annual returns and balance sheet to Ministry of Corporate Affairs (MCA) for past five...
Company Law : The Corporate Affairs Ministry has asked the Registar of Companies to inspect the books of accounts of the controversial multi-lev...
Company Law : From Next month you can register a company in India in 24 hours! The Union ministry of corporate affairs has set the first week o...
Company Law : Consider the enormity of the data-over 8 and a half lac companies, over hundred online services offered to them, over sixty e-form...
Corporate Law : NCLT Delhi held that ‘financial debt’ is not barred by limitation. Accordingly, application filed by the CFM Asset Reconstruct...
Income Tax : The assessee earned a capital profit of Rs. 10.38 crores on sale of rights to immovable property. The said profit was directly cre...
Corporate Law : Registrar of Companies Andhra Pradesh issues notice for removal of 93 LLP names from the register. Learn more about the notice and...
Corporate Law : MCA has issued an adjudication order imposing penalties on Strong Infracon Private Limited, which was amalgamated with Elite Realc...
Company Law : Ministry of Corporate Affairs (MCA) in India has issued an adjudication order imposing penalties on auditors for their failure to ...
Company Law : Strong Infracon Private Limited and Elite Realcon Private Limited were identified as violators of Section 134(5)(a) of the Compani...
Company Law : During the course of Inquiry, it is observed that Company is eligible company to appoint Internal Auditor but failed to do so as p...
The net is being cast wider with every company that has done a transaction with Satyam now coming under the scanner of the Serious Fraud Investigation Office (SFIO), which got permission to probe Satyam’s transactions with as many as 250 companies. All the companies will have to divulge information regarding the nature of their business with […]
The ministry of corporate affairs ordered investigation into the Satyam scandal by the Serious Frauds Investigation Office (SFIO), a multi-functional investigating agency that has representations from the ministry of home affairs, Enforcement Directorate and the Intelligence department.
Now e- form 23AC can be filled in without getting SRN of form 23B The Ministry of Corporate Affairs (Ministry) has revised e-form 23AC effective from 28th September 2008 wherein filling in SRN of 23B was made compulsory. In many a cases, it was reported by our members that SRN of form 23B was not available which ultimately resisted to file e-form 23AC required to be filed pursuant to section 220 of the Companies Act, 1956 by the Companies.
In a bid to check the rise in court cases against corporate houses for company law violations, the government is set to give more powers to its officials to deal with such offenses out of court. The framework proposed in the new company law envisages that company disputes should not be dragged to the court.
Companies Act, 1956 -· A company is required to maintain its books of account and vouchers for a period of 8 years immediately preceding the current year. · A s. 25 company is required to maintain its books of account and vouchers for a period of not less than 4 years. · The books and papers of the Amalgamated/Transferor Company must be not be disposed of without the prior permission of the Central Government
