The ministry is rolling out a three-stage plan for implementation of the remaining 40% provisions of the new Companies Act and it wants to notify most of the remaining sections by the end of this year to facilitate transition to new law.…
Category: Company Law
Lok Sabha clears changes to Companies Act to improve business climate
The Companies Act (Amendment) Bill, 2014, was passed by voice vote in Lok sabha The Companies Act, 2013 (Act) was notified on 29.8.2013. Out of 470 sections in the Act, 283 sections and 22 sets of Rules corresponding to such sections…
New Compliances for Companies That Can Attract Huge Fine If not done
Following new compliance’s to be done under Companies Act 2013 by companies to ignore penalty, if not done already. Displaying Companies CIN on letter heads, invoices etc. Section 12(3)© of CA 2013, which will be effective from 1.4.2014, provides that every…
Companies (Amendment) Bill, 2014
Union Cabinet, chaired by the Prime Minister, approved the introduction of the Companies (Amendment) Bill, 2014 in Parliament to make certain amendments in the Companies Act, 2013. The Companies Act, 2013 (Act) was notified on 29.8.2013. Out of 470 sections in…
Advertisement Information On Companies Public Deposits
As per the provisions of Companies Act, 2013, a company has to submit a copy of advertisement before inviting deposits from the public in prescribed format (Form DPT‑1) with Registrar of Companies (ROCs). The said format is being filed by…
Class Action Suits under Company Act, 2013
Class Action is a right to members or deposit holders or representative of such members or deposit holders to file an application before Tribunal for restraining the Company from some specified acts. Section 245 of the Companies Act, 2013 (Act)…
Extension of time for holding Annual general Meeting (AGM) in State of Jammu and Kashmir
MCA has notified Extension of time for holding Annual general Meeting (AGM) under section 96(1) of the Companies Act, 2ol3-Companies registered in State of Jammu and Kashmir through general Circular No. 45/2014 Dated: 18.11.2014. The State of Jammu and Kashmir…
MCA Forms which needs pre-certification by CA, CS or CMA
In exercise of the powers conferred by sections 396,398, 399, 403 and section 404, read with sub-sections (1) and (2) of section 469 of the Companies Act, 2013. The Central Government had declared that following Forms will need pre certification…
How to apply For Director Identification Number (DIN)
The concept of a Director Identification Number (DIN) has been introduced for the first time with the insertion of Sections 266A to 266G of Companies (Amendment) Act, 2006. As such, all the existing and intending Directors have to obtain DIN…
How to Register a Private Limited Company in India
Incorporation of Company is regulated by Companies act 2013 in India. Registration of Company to be made with Ministry of Corporate Affairs in India. All the required Forms to be filed online digitally signed by Director & a professional practitioner.…