Corporate Law Articles

Analysis of CSR Amendment Rules, 2021

CS Divesh Goyal 26 July 2021 at 18:53

MCA has introduced the Companies (Corporate Social Responsibility Policy), Amendment Rules, 2021 under which, the CSR spending has been made mandatory from voluntary w.e.f. FY 2020-21.

Checklist of Directors Report under Companies Act, 2013

CS Divesh Goyal 26 July 2021 at 09:35

Discussing the Checklist for Director's Report under the Companies Act, 2013 with regard to the Board's Report, Event/Limit Based Disclosures, and Mandatory Disclosures by a Public Company and a Listed Company.

Declaration And Payment Of Dividend: Section 123 Of The Companies Act, 2013

Neha Rajan Redekar 26 July 2021 at 09:32

Dividend is a return on the investment made in the share capital of a company. It’s the share of profits of a company that is distributed among its Members.

Compliance of Beneficial Interest

CS Divesh Goyal 25 July 2021 at 11:04

A beneficial interest is the right to receive benefits on shares held by another party. Beneficial interest is often referred to in matters concerning trusts, whereby one has a vested interest in the trust's assets.

Which MGT-7 should be filed by Small Companies

CS Divesh Goyal 25 July 2021 at 11:04

Via an amendment in Rule 11 of the Companies (Management and Administration) Amendment Rules, 2021, MCA has introduced e-form MGT-7A as an annual return for Small Companies and OPC w.e.f. FY 2020-21.

Guidance for Annual Filing 2020-21

CS Divesh Goyal 25 July 2021 at 11:04

Discussing the Mandatory yearly Compliances of a Private Limited Company, List of Annual Compliances and Details of Annual Filing of the Compliances of a Private Limited Company.

Everything about Abridged Annual Return (MGT-7A) OPC and Small Company

CS Divesh Goyal 25 July 2021 at 11:03

Every company shall file its annual return in Form No. MGT-7 except for a One Person Company and a Small Company who shall file their annual return from FY 2020-2021 onwards in Form No. MGT-7A.

Offsetting the excess CSR spent for FY 2019-20 against mandatory CSR obligation for FY 2020-21

CS Divesh Goyal 25 July 2021 at 10:57

Several representations have been received by MCA for setting off the excess CSR amount spent by the companies in FY 2019-20 by way of contribution to 'PM CARES Fund' against the mandatory CSR obligation for FY 2020-21.

CSR: Concept, Provisions and Practical Issues

Devershi Gupta 24 July 2021 at 14:29

Corporate Social Responsibility (CSR) is a management concept whereby companies integrate social and environmental concerns in their business operations and interactions with their stakeholders.

Everything about e-form CSR-1

CS Divesh Goyal 24 July 2021 at 09:19

From 1st April 2021, it is mandatory for every implementing agency to register itself with the ROC by filing the e-form CSR-1, otherwise, they shall not be eligible to continue as an Implementing Agency.