Corporate Law Articles

Amendment in Companies Act, 2013 in March 2021

Posted by CS Divesh Goyal 06 August 2021 18968 Views

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.

ICSI - Multidisciplinary Firm

Posted by CS Divesh Goyal 06 August 2021 3418 Views

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.

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

Posted by CS Divesh Goyal 06 August 2021 1368 Views

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.

Exemption from Chapter XXII: Companies Incorporated Outside India

Posted by CS Tanveer Singh Saluja 06 August 2021 1435 Views

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).

Criticalities in the annual filing for FY ended 31st March 2021

Posted by CS Divesh Goyal 04 August 2021 1168 Views

There are several criticalities in the Annual Filing for the FY ended 31st March 2021. Discussing the same from the point of view of Financial statements via 20 FAQs.

How to file DPT-3 in case of Loan from shareholder?

Posted by CS Divesh Goyal 04 August 2021 2230 Views

Private Limited Companies are allowed to accept Loans from Shareholders of a Company after following the process mentioned under Section 73 of the Companies Act, 2013.

FAQs on Annual General Meeting (AGM) & Extension due to COVID 19

Posted by CS Divesh Goyal 04 August 2021 4365 Views

At an AGM, the directors of the company present an Annual report containing information for the shareholders about the company's performance and strategy.

FAQs on Disqualification of Director

Posted by CS Divesh Goyal 04 August 2021 6190 Views

If a person has been disqualified in any company due to section 167(1) such person shall be considered as ceased in all other companies wherever he was appointed as a Director.

Can the Financial Statements be signed digitally?

Posted by CS Divesh Goyal 04 August 2021 23914 Views

As per the meaning of the Digital Signature and Section 134, we can opine that the financial statements of the Company can be signed either physically or digitally.

One Person Company (OPC) | An analysis

Posted by Manju Laur 04 August 2021 2187 Views

The very concept of an OPC is that it shall have only one member. Only an individual can form an OPC. The minimum and maximum number of members in an OPC is one.