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![MCA extends Time Gap between Two Board Meetings u/s 173 of Companies Act due to Resurgence of Covid-19 [Read Circular]](https://www.taxscan.in/wp-content/uploads/2022/05/MCA-Board-Meetings-Companies-Act-Covid-19-Taxscan.jpg "MCA extends Time Gap between Two Board Meetings u/s 173 of Companies Act due to Resurgence of Covid-19 [Read Circular]")
MCA extends Time Gap between Two Board Meetings u/s 173 of Companies Act due to Resurgence of Covid-19 [Read Circular]
Due to the resurgence of Covid-19, the Ministry of Corporate Affairs (MCA) has extended the time period of mandatory board meetings under section 173...
![An Appeal under IBC is valid only if it is initiated within 30 days from Date of Order: Supreme Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Appeal-IBC-order-SC-Taxscan.jpeg "An Appeal under IBC is valid only if it is initiated within 30 days from Date of Order: Supreme Court [Read Order]")
![Salary incrementation is valid by an Employment Agreement or Board Resolution, No claims sustain under IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Salary-incrementation-employment-agreement-Board-Resolution-IBC-NCLAT-Taxscan.jpg "Salary incrementation is valid by an Employment Agreement or Board Resolution, No claims sustain under IBC: NCLAT [Read Order]")
![IBBI suspends Insolvency Professional for Demand of Undue Advantage of Rs.20 Lakhs [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/IBBI-Insolvency-Professional-Demand-of-Undue-Advantage.jpg "IBBI suspends Insolvency Professional for Demand of Undue Advantage of Rs.20 Lakhs [Read Order]")
![MCA notifies Companies (Prospectus and Allotment of Securities) Amendment Rules [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/05/MCA-Companies-Prospectus-and-Allotment-of-Securities-Amendment-Rules-taxscan.jpg "MCA notifies Companies (Prospectus and Allotment of Securities) Amendment Rules [Read Notification]")
![RBI Employees’ Gratuity and Superannuation Fund (Amendment) Regulations Notified [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/05/RBI-Employees-Gratuity-Superannuation-Fund-Amendment-Regulations-taxscan.jpeg "RBI Employees’ Gratuity and Superannuation Fund (Amendment) Regulations Notified [Read Notification]")
![Maintenance of SLR - Cash to include Balances held by Banks with RBI under SDF [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/05/SLR-Cash-banks-RBI-SDF.jpeg "Maintenance of SLR - Cash to include Balances held by Banks with RBI under SDF [Read Notification]")
![RBI notifies Exemptions to Provisions relating to NBFCs [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/05/RBI-Exemptions-NBFCs-Taxscan.jpg "RBI notifies Exemptions to Provisions relating to NBFCs [Read Notification]")
Moratorium under IBC applies to Corporate Debtor Only: Supreme Court upholds NI Act Proceedings against Company Director [Read Judgment]
A three-judge bench of the Supreme Court comprising Justices UU Lalit, S. Ravindra Bhat, and PS Narasimha has reiterated that the moratorium provisions contained in Section 14 of the Insolvency and...
![Moratorium under IBC applies to Corporate Debtor Only: Supreme Court upholds NI Act Proceedings against Company Director [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2022/05/Moratorium-Corporate-Debtor-Supreme-Court-NI-Act-Proceedings-Company-Director-taxscan.jpeg "Moratorium under IBC applies to Corporate Debtor Only: Supreme Court upholds NI Act Proceedings against Company Director [Read Judgment]")
![MCA Notifies Amended Companies (Registration of Charges) Rules, 2022 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/04/MCA-Amended-Companies-Registration-Rules-Taxscan.jpg "MCA Notifies Amended Companies (Registration of Charges) Rules, 2022 [Read Notification]")
Public Companies desirous to function as Nidhi must obtain prior declaration before accepting Deposits: Central Govt amends Nidhi Rules, 2014
Under the Companies Act, 1956, a Nidhi or Mutual Benefit Society meant a company which the Central Government declared as Nidhi or Mutual Benefit Society by notification in the official gazette. Under the...
