Companies Act 2013

Spending Under Corporate Social Responsibility

Section 135 of the Companies Act, 2013 dealing with Corporate Social Responsibility (CSR) requires companies under its purview to spend at least two percent of its average net profit made in the three immediately preceding financial years to be spent on its CSR policy. Giving this information in written reply to a question in the… Read More

Tags: BusinessCompanies ActCompanies Act 2013corporate social responsibilityCSRLok SabhaSachin PilotSocially Responsible

Implications of insertion of the word ˜person™ – Section 186 of the Companies Act, 2013

Disclaimer:  The views expressed in this article are solely the views of the author and are not connected in any way with the views of the Company/ or the Group where the author is employed. By: Narendra Singh, Company Secretary, Essel Mining & Industries Limited (An Aditya Birla Group Company) ----------------------------------------------------------------- BACKGROUND The term ˜person™… Read More

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MCA Clarification on applicability of Section 185 of Companies Act 2013 and Section 372A of the Companies Act, 1956

CLR Editorial Notes: After some of the Companies Act 2013 Sections were notified, the Ministry of Corporate Affairs received several suggestions and representations regarding the notification of Section 185 of Companies Act 2013 (which deals with loans to Directors - and which corresponds to Section 295 of the Companies Act, 1956). This comes at a… Read More

Tags: Board of directorsCompanies ActCompanies Act 1956Companies Act 2013Company Law BoardCorporate Affairs MinistryGovernmentMCANew DelhiSection 185 of Companies Act 2013

MCA Electoral Trust Notification

(To be published in Part II, Section 3, Sub-section (ii) of the Gazette of India Extraordinary) Dated       ,2013 Government of India Ministry of Corporate Affairs New Delhi, the 7th November, 2013  Order S.0 (E)  In exercise of the powers conferred by sub-section (6) of section 25 of the Companies Act, 1956 (1 of 1956) (hereinafter referred to… Read More

Tags: Central GovernmentCompanies ActCompanies Act 1956Companies Act 2013Foreign Exchange Management ActGovernment of IndiaIndiaNew Delhi

MCA extends dates for suggestions towards 3rd & 4th Tranche of Draft Rules under Companies Act 2013

The last date for the public at large for giving suggestions/ comments to the Ministry of Corporate Affairs regarding the 3rd and 4th tranche of Draft Rules being framed under the Companies Act, 2013 has been extended to the 10th of this month i.e. 10th November 2013. In these 2 phases, Draft Rules have been… Read More

Tags: 3rd tranche draft rules4th Tranche draft rules5th November 2013Companies ActCompanies Act 2013Corporate Affairs MinistryDraft Rules

4th tranche of Draft rules under Companies Act 2013 uploaded for comments

The Ministry of Corporate Affairs has uploaded the 4th tranche of Draft Rules under Companies Act 2013 covering the Investor Education And Protection Fund Authority Rules, 2013.  The last day for receiving suggestion submission is 5th November 2013. Download the Rules from the download section below. 4th tranche of Draft rules under Companies Act 2013   Read More

Tags: Companies Act 2013Draft RulesDraft Rules under Companies Act 2013IEPF AuthorityInvestor Education And Protection Fund Authority Rules 2013MCA21Ministry of Corporate Affairs

Ministry of Corporate Affairs releases third tranche of Draft Rules under Companies Act 2013

The Government in its implementation of the new Companies Act 2013 has moved ahead and issued the 3rd Tranche of Draft Rules under Companies Act 2013 which covers the proposal to set up a National Financial Reporting Authority (NFRA). The Draft Rules for following 3 chapters under the Companies Act 2013 has been made live for… Read More

Tags: Companies ActCompanies Act 2013Corporate Affairs Ministrycorporate social responsibilityFrench Section of the Workers' InternationalNational Football League DraftNFRATranche

CLB Order regarding Constitution of benches for the purpose of Exercising and discharging the Board’s power and functions

File No. 10/43/2005-CLB GOVERNMENT OF INDIA COMPANY LAW BOARD Paryavaran Bhawan, 3rd Floor, B-Block, C.G.O. Complex, Lodhi Road, New Delhi - 110 003 Dated: 25/09/2013 ORDER   The Companies Act, 2013 received the assent of the President of India on 29.08.2013 and was notified in the Gazette of India on 30.08.2013. Towards its implementation, 98… Read More

Tags: Companies ActCompanies Act 1956Companies Act 2013Company Law BoardCorporate Affairs MinistryIndiaLodhi RoadNew Delhi

An Analysis of One Person Company under Companies Act 2013 – by Karandeep Makkar

I worship individuals for their highest possibilities as individuals and I loathe humanity for its failure to live up to these possibilities. • Ayn Rand 1. Introduction Individual entrepreneurs doing business as sole proprietors will now be able to avail the benefits of limited liability without a second person to form a company as the… Read More

Tags: 2013 ActBoard of directorsBusinessCompanies ActCompanies Act 1956Companies Act 2013Corporate Affairs MinistryIndiaOne Person CompanyOPC

“Companies Act 2013 – Simplified” – by eMinds Legal

Book your copy of "Companies Act 2013 - Simplified" - by eMinds Legal today. Read more about the Book in following link: http://corporatelawreporter.com/2013/09/19/companies-act-2013-simplified-book-eminds-legal/#axzz2f80R56gl [gravityform id="5" name="Book Order Form" description="false"] Read More

Tags: Companies ActCompanies Act 1956Companies Act 2013

NCLT will take over and re-hear all CLB cases, in which verdicts have been reserved

The advent of the Companies Act 2013, has provided a new lease of life for many judgments which have been reserved by the Company Law Board. Under the Companies Act 2013, National company Law tribunals will be taking over the hearing of all cases related to Company Law. It has come to the notice that… Read More

Tags: Companies ActCompanies Act 1956Companies Act 2013Company Law BoardCorporate Affairs MinistryMadras High CourtNCLTSupreme Court

Draft Forms Under Phase II of the Companies Act 2013 Made Live by MCA

The Ministry of Corporate Affairs has released the Draft Forms under Draft Rules in Second Phase of the Companies Act 2013 and made them live for Public comments. Forms for 9 chapters issued under the 2nd phase of the Companies Act 2013 have been put for public comments. Download the Draft forms from the download section below. Download from here: Draft Forms in respect of… Read More

Tags: Companies ActCompanies Act 1956Companies Act 2013Corporate Affairs MinistryCorporate lawIndiaLawMCARegistrar of Companies

Ministry of Corporate Affairs issues Companies (Removal of Difficulties) Order, 2013

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii) dated __] Government of India Ministry of Corporate Affairs ORDER New Delhi, the 20th September 2013 S.O. (E). - Whereas the Companies Act, 2013 (18 of 2013) (hereinafter referred to as the said Act) received the assent of the President… Read More

Tags: Central GovernmentCompanies ActCompanies Act 1956Companies Act 2013Company Law BoardCorporate Affairs MinistryIndiaNew Delhi

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