NEWS & UPDATES

Section 135 of Companies Act-Corporate Social Responsibility (CSR)

Corporate Social Responsibility (CSR) as per Companies Act, 2013 Corporate Social Responsibility (CSR) refers to the ethical obligation...

Mandatory Dematralisation of Shares

Dematralisation of Shares

Registration of Charges Under Companies Act 2013

A charge is a right created by any person including a company referred to as “the borrower” on its assets and properties, present and...

Loans from the Directors, Shareholders And Relatives

With the Amendment of the act, the New Companies Act, 2013 has removed the shareholders, and the relatives of the directors are removed...

Maintaining MINUTES Mandatory & Penalties for non compliance - Companies Act,2013

It is mandatory for companies to maintain minutes of both board meetings and general meetings. The maintenance of minutes is an essential...

LOANS TO DIRECTORS NOT ALLOWED & EXEMPTION-Companies Act

Section 185 of Companies Act 2013 (1) No company shall, directly or indirectly, advance any loan, including any loan represented by a...

Understanding Related Party Transactions as per Companies Act and Accounting Standards Introduction:

Related Party:- A “related party” is a person or an entity that is related to the reporting authority . The person includes a legal...

Applicability of Audit Trail-Amendment in Companies Act

1. Amendment in Companies Act, 2013 to incorporate Audit Trail Provisions Companies (Accounts) Amendment Rules, 2021 amended Rule 3 of...