Voluntary Liquidation of Corporate Persons

Voluntary Liquidation of Corporate Persons Voluntary Liquidation of a Company in India is administered under Section 59 of Chapter V of Insolvency and Bankruptcy Code, 2016 and it applies to a corporate person. The voluntary liquidation process applies when the…

Companies (Management and Administration) Amendment Rules, 2022

Companies (Management and Administration) Amendment Rules, 2022 The Central Government has notified Companies (Management and Administration) Amendment Rules, 2022 to amend the Companies (Management and Administration) Rules, 2014. With this amendment, MCA introduces a list of particulars of the register/…

Producer Companies Rules, 2021

Producer Companies Rules, 2021 Recently, on 11th February 2021, the Ministry of Corporate Affairs announced the Producer Companies Rules, 2021. It should be noted here that with the introduction of the new rules, the Producer Companies (General Reserve) Rules, 2003…

MCA Relaxes Levy of Additional Fee in the Filing of Certain Forms under Companies Act

MCA Relaxes Levy of Additional Fee in the Filing of Certain Forms under Companies Act In view of Covid-19 related restriction and disruption, the Ministry of Corporate Affairs has decided to grant additional time Upto 31st July 2021 for companies,…

Companies (Compromises, Arrangements and Amalgamations) Second Amendment Rules, 2020

Companies (Compromises, Arrangements and Amalgamations) Second Amendment Rules, 2020 The Ministry of Corporate Affairs (MCA) notified the Companies (Compromises, Arrangements and Amalgamations) Second Amendment Rules, 2020 which seeks to amend the Companies Compromises, Arrangements and Amalgamations) Rules, 2016. Through this…

Extension of Annual General Meeting 2020

Extension of Annual General Meeting 2020 Holding an Annual General Meeting is a yearly procedure to be followed by every company. However, practically, it is quite challenging to hold an AGM due to present COVID-19 pandemic. The present article tries…

Companies Rules – Registered Valuers and Valuation

Companies Rules - Registered Valuers and Valuation The Ministry of Corporate Affairs (MCA) has implemented Companies (Registered Valuers and Valuation) Rules for all the eligible individuals to register as a registered valuer. A valuer shall be identified as a person…

Companies Act – Capital Redemption Reserve

Companies Act - Capital Redemption Reserve Capital Redemption Reserve (CRR) is a requirement under the Companies Act which applies to buy-back schemes and redemptions of preference capital. The requirement should be followed by companies which are redeeming preference capital through…

Companies Act – Securities Premium

Companies Act - Securities Premium Securities Premium is a requirement under the Companies Act which applies to the issue of securities. The requirement is attracted when the securities are offered at a price which exceeds the nominal value. The requirement…

Companies Act – Minimum Subscription

Companies Act - Minimum Subscription Minimum subscription refers to the minimum amount which a company should raise at the time of issuing capital. The requirement for minimum subscription applies to all companies which raise funds from the public. The company may…