36,191 New Companies incorporated from April to June 2021; an increase of 17,223 New Companies
The number of new companies incorporated in the Country under the provisions of the Companies Act, 2013 from April 2021 to June 2021 is 36,191 as compared to 18,968 new companies in the corresponding period
MCA relaxes Deadlines and Additional Fee on certain Forms under Companies Act, 2013 [Read Circular]
As the COVID-19 second wave is hitting the economy and businesses harder, the Ministry of Corporate Affairs(MCA) has notified certain relaxation for the rules relating to compliance and further relaxed the levy of certain additional
MCA issues clarification on Gap between Two Board Meetings [Read Circular]
The Ministry of Corporate Affairs (MCA) issued the clarification on Gap between two board meetings under section 173 of the Companies Act, 2013. In view of the difficulties arising due to the resurgence of COVID-19
CSR Portal ensures Transparency and Accountability on CSR Funds: P.P. Chaudhary
Shri P.P. Chaudhary, Minister of State for Corporate Affairs in the written reply to a question in Lok Sabha last day said that CSR Portal ensures transparency and accountability on CSR Funds. Section 135 (3) &
ICAI releases FAQs regarding Relaxation of Time for Filing Forms on Creation or Modification of Charges under Companies Act, 2013
The Institute of Chartered Accountants of India (ICAI) released the Frequently Asked Questions (FAQs) on Circular regarding Relaxation of time for filing forms related to creation or modification of charges under the Companies Act, 2013
Registrar of Companies removed names of 2,26,166 Defunct Companies in 2017
The Government has initiated campaign against Black Money, wilful defaulters and erring directors. There are a number of registered companies that are facing action from authorities after the demonetization. Prior to Demonetisation, 16,08,637 number of
Companies Act 2013 to be amended to facilitate Ease of Doing Business
A Bill shall be introduced in the current Budget session of the Parliament in order to amend the Companies Act 2013. While presenting the General Budget 2016-17 in Lok Sabha today, the Union Finance Minister
Non-Appointment of Company Secretary: MCA RoC slaps Rs. 17.12 Lakhs Penalty on Company and Directors
In a significant development, the Registrar of Companies (RoC) at the Ministry of Corporate Affairs (MCA) has taken decisive action against Solis Pharmachem Private Limited, imposing a penalty of Rs. 20 Lakhs for the non-appointment
CL & CGC and ICAI invites Comments on various provisions of the Companies Act, 2013 and Rules
The CL&CGC and the Institute of Chartered Accountants of India ( ICAI ) have invited comments on various provisions of the Companies Act, 2013. “The Companies Act 2013 has been notified by the Ministry of
Join Powergrid: Exciting Roles for Experienced Professionals in Company Secretariat on Fixed-Term Contract Basis
The engagement shall be purely on temporary & contract basis for a period of 2 years. The contractual period may be further extended for one year each for three years depending on the requirement as
Typographical Mistakes in Order passed by NCLT: NCLAT Set aside the Order [Read Order]
The Delhi bench of the National Company Law Appellate Tribunal (NCLAT) set aside the order by National Company Law Tribunal (NCLT) since there were typographical mistakes in Order. TCR Trading Private Limited and Triage Industries
Kerala High Court stays Fraud proceedings under Section 447 of Companies Act before Special Court [Read Petition & Order]
The Kerala High court granted the stayed the Fraud proceedings under Section 447 of the Companies Act before the special court. The petitioners, Dr.J.P.Josheph invoked the power of the High Court to quash all proceedings
MCA Notifies MGT-3 to be Certified by CA/CS/CMA [Read Notification]
The Ministry of Corporate Affairs (MCA) has notified the Companies (Management and Administration) Amendment Rules, 2023. They shall come into force with effect from 23rd January, 2023. In the Companies (Management and Administration) Rules, 2014,
AO cannot alter the profit declared in the Audited Account prepared under Companies Act for the purpose of sec. 115JB: Bombay HC [Read Judgment]
In CIT v. M/s. Century Textiles and Industries Ltd., the division bench of the Bombay High Court held that the AO cannot alter the profit declared in the audited account prepared under the Companies Act
NCLT has no Jurisdiction to Decide Validity of the ’Gift Deed’: NCLAT [Read Order]
The Delhi bench of the National Company Law Appellate Tribunal (NCLAT) held that Nation Company Law Tribunal (NCLT) has no jurisdiction to decide validity of the `Gift Deed’. Satori Global Limited and Ujjwal Agarwal ,the