Corporate Law Articles

Exemption from Chapter XXII: Companies Incorporated Outside India

CS Tanveer Singh Saluja 06 August 2021 at 19:17

The Central Government, by exercising its powers under section 393A of the Companies Act, 2013, has made certain exemptions from the provisions of sections 387 to 392 (both inclusive).

The Companies Amendment Bill 2020 - Impact on Penalties / Fine / Imprisonment

CS Divesh Goyal 06 August 2021 at 15:06

Discussing 10 changes pertaining to Formation of Companies, Variation of shareholder's Rights, Reduction of Share Capital, Debentures and 6 more proposed in The Companies Amendment Bill 2020.

ICSI - Multidisciplinary Firm

CS Divesh Goyal 06 August 2021 at 14:47

A CS in practice may form a multi-disciplinary firm with the member of other professional bodies as prescribed under regulations 168A and 168B in accordance with the regulating guidelines of ICSI.

Amendment in Companies Act, 2013 in March 2021

CS Divesh Goyal 06 August 2021 at 12:13

MCA has caused a myriad of amendments in the Companies Act, 2013 in March 2021. Covering all such amendments along with the impact of the same on the Corporates.

In-depth analysis of the Limited Liability Partnership (Amendment) Act, 2021

CS Tanveer Singh Saluja 06 August 2021 at 10:11

After receiving the approval of the Union Cabinet on 28th July 2021, MCA had tabled the LLP (Amendment) Bill, 2021, in the upper house of the Parliament which was passed on 4th August 2021.

Related Party Transaction under Companies Act 2013

CS Divesh Goyal 05 August 2021 at 09:24

Section 2(76) - Definition of Related Party Transaction, Section 188 - Related Party Transaction and Section 189 - Registration of transactions in which directors are interested.

Section 186: Loan and Investment by Company

CS Divesh Goyal 05 August 2021 at 09:24

As per Section 186(2), no company shall directly or indirectly give any loan to any person or give any guarantee or provide security in connection with a loan to any other body corporate or person.

Analysis | Legitimate Entities to Loan under Section 185

CS Divesh Goyal 05 August 2021 at 09:20

Analysing which are the entities to whom a company can give Loan/ Guarantee/ Security etc' under Section 185 of the Companies Act, 2013 after amendment by the Companies Amendment Act, 2017.

Section 187: Investment of Company to be held in its own name

CS Divesh Goyal 05 August 2021 at 09:20

As per Section 187(1), 'All investments made or held by a company in any property, security or other assets shall be made and held by it in its own name.'

Loan from shareholders and its treatment in DPT-3

CS Divesh Goyal 04 August 2021 at 09:26

There are many ambiguities in the minds of corporates and professionals about the treatment of Loan from Shareholders, as to whether the same is considered as a deposit or not?