Company Law

1. The integrated e-Form INC-29 is available with effect from 01.05.2015 for One Person Company, Private Company, Public Company and Producer Company. 2. INC-29 does away with filing of multiple appli...

The RAJYA SABHA on passed the Companies (Amendment) Bill, 2014, which provides for severe punishment for those raising illegal deposits from the public. The LOK SABHA on 17th day 2014 passed the Compa...

1. Who are managerial personnel? The term managerial personnel includes managing director, manager and directors (whole time or part time). 2. Who is a manager or a managing director? A manager is def...

Circular/Notification/Order Passed Under Companies Act- 2013 S. NO. Date of Circular Title of Circular/Notification/Rule/Order Section / Rule Gist Of Circular CIRCULAR 1. June 10, 2014 Non Requirement...

Government of India Ministry of Corporate Affairs New Delhi. 18th May 2015 G.S.R (E).- In exercise of the powers conferred by section 133 read with section 469 of the Companies Act, 2013 (18 of 2013)...

under Section 92 of Companies Act, 2013 About Annual Return Under section-92 of the companies act, 2013 deals with the annual return of the company. Every company needs to file this with the ROC withi...

INTRODUCTION: The Companies Act 2013 requires companies to comply with Chapter XIII for appointment and payment of remuneration to managerial personnel. ♠ For payments of remuneration an understanding...

Discussion on provision dealt under Regulations and Act 1. Introduction SEBI ( Prohibition of Insider Trading) Regulations,2015 has come into force with effect from 15th May, 2015 after having been ga...

As per SS 1 Minutes means “a formal written record, in physical or electronic form, of the proceeding of a Meeting”. PROVISIONS APPLICABLE FOR PREPARTION OF MINUTES a. Section 118 of Companies Act, 20...

THE COMPANIES (AMENDMENT) BILL, 2015 Bill No. 185-C of 2014 A BILL to amend the Companies Act, 2013. Be it enacted by Parliament in the Sixty-Sixth Year of the Republic of India as follows:— Short tit...

The integrated form for company incorporation, INC-29, has provoked much discussion in the media and among legal professionals and entrepreneurs. Expectedly, this has led to the dissemination of some...

GN(A) 34 – Guidance Note on Accounting for Expenditure on Corporate Social Responsibility Activities (Issued May 15, 2015) (The Council of the Institute of Chartered Accountants of India (ICAI) has is...

1. What is the need of the Secretarial Standards? + Companies follow diverse secretarial practices. These practices have evolved over a period of time through vañed usages and as a response to differi...

♠ Companies Mandated to constitute a CSR Committee Networth of Rs 500 Crore or more Turnover of Rs 1000 Crore or more Net profit of Rs 5 Crore or more ♠ CSR Committee to have Three or more directors A...

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, Dated- 23rd April, 2015 G.S.R. 315 (E).-1n exercise of the powers conferred by sub-section (1) of Section 10B of the Company Secretaries Act, 1980...

MADRAS BAR ASSOCIATION VERSUS UNION OF INDIA & ANR. Supreme Court upholds the constitutional validity of National Company Law Tribunal REPORTABLE IN THE SUPREME COURT OF INDIA CIVIL ORIGINAL JURISDICT...

Passing of Resolution by Circulation Under Companies Act, 2013 Introduction It is not feasible to call Board Meeting when approval of Directors is required on urgent basis. In such cases, resolution i...

Section 197(3) of Companies Act, 2013: Notwithstanding anything contained in sub-sections (1) and (2), but subject to the provisions of Schedule V, if, in any financial year, a company has no profits...

The time for preparation of the first financial statements as per the Companies Act’2013 is here. One of the most important provisions of the Act for Companies as well as the auditors to consider is t...

Resolution or Agreement to be filed (MGT-14 under Companies Act, 2013 Resolution or Agreement to be filed: Section 117(1) of Company Act, 2013 with Rule 24 of Companies (Management & Administration) R...