“Compliance” in Company Law
Secretarial Standards SS-1 and SS-2: Board Meetings and General Meetings
SS-1 governs board meetings and SS-2 governs general meetings of companies. Learn key requirements of these mandatory ICSI standards under Companies Act 2013.
Who can digitally sign the Financial Statements of a Company?
Business owners, startups, professionals, and taxpayers dealing with Who can digitally sign should understand the applicable rules. Requirements can vary by turnover, entity type and activity, so it is best to confirm your specific case before proceeding.
Procedure for the formation of Sole proprietorship and HUF
In this article, we will discuss the procedure to form a HUF and Sole Proprietorship. Sole Proprietorship is managed and formed by one individual and HUF is a group of Family members for the purpose...
DIR-3 KYC Is No Longer an Annual Filing
From 31 March 2026, DIR-3 KYC moved from an annual filing to once every three financial years, due 30 June. The notification, the new unified form, the next due date...
DIR-12: The Filing That Makes a Board Change Official
Until DIR-12 is filed, the Registrar's records still show the old board. Everything downstream depends on those records being right — who can sign a form, who is shown as a director in a due diligence, who a regulator writes to.
Independent Director under Companies Act 2013
An independent director is a director who is not appointed as an executive director in a company. In general words, an independent director means a director other than a managing director or a whole-time director or a nominee director who does not have any material or pecuniary relationship with...
Key Managerial Personnel (KMP) Under Companies Act 2013: Roles, Appointment and Liability
Key Managerial Personnel (KMP) under Section 203 of the Companies Act 2013 includes CEO/MD, CFO, CS, and whole-time director. Learn their mandatory appointment, qualifications, and personal liability.
LLP Agreement - Essential Clauses to be included
What is the LLP Agreement? Section 2(1)(O) of the Limited Liability Partnership Act, 2008 defines it as under: “LLP Agreements mean any written agreement between the partners of the Limited...
Compounding of Annual General Meeting (AGM)
SHORT SUMMARY: In this editorial author shall discuss the provisions of Compounding of AGM. Many professionals asked this question, How to go for compounding in case of holding of AGM after Due date.
Incorporation of Company with a Foreign Director in India
India has one of the fast-growing economies in the world and this can partly be credited to the FDI (Foreign Direct Investment) inputs to the country and to globalization. A large number of foreign companies have started to set up their businesses here since the country provides them with seasoned...
Loan to Director - Section 185 of Companies (Amendment) Act 2017
In this Research editorial, the author begins by referring to the provisions of Section 185 of the Companies Amendment Act, 2017 (Loan to Directors and entities in which directors are interested). The main focus of this research editorial on “Which are the entities to whom Company can give Loan...
Regulation 25: The Independent Director's Own Regulation
If you sit on a listed board, Regulation 25 is the provision written specifically about you. Everything else in the LODR is about the company; this one is about your caps, your meeting, your protection and your exit.
Rule 9A for Unlisted Public Companies — Dematerialisation of Securities
Rule 9A of the Companies (Prospectus and Allotment of Securities) Rules, 2014 requires every unlisted public company to issue securities only in dematerialised form. Its eleven sub-rules also carry the ISIN, fee, security deposit, PAS-6 and grievance machinery that Rule 9B later borrowed wholesale for private companies.
Establishment of Branch Office of Foreign Company
Legal forms in which a foreign company can set up its establishment in India? Branch Office Liaison Office Project Office Corporate Entity which could be wholly or partly owned by the foreign...
Independent Director in India: The Complete Guide
Who must appoint an independent director, what makes a director independent, tenure and cooling-off, pay, duties under Schedule IV, and where personal liability...
Directors' Appointment and Removal Under Companies Act 2013: Section 149 to 170
Guide to appointment, tenure, vacation, disqualification and removal of directors under Companies Act 2013. Covers DIN requirement, DIR-2 consent, rotation, and Section 169 removal.
Section 185 and 186 of Companies Act: Loans and Investments by Companies
Section 185 prohibits loans to directors while Section 186 regulates inter-corporate loans and investments. Learn compliance requirements, limits, and exemptions under Companies Act 2013.
MCA 21 Version 3.0 : Key Features
Ministry of Corporate Affairs vide Press Release no. 1695473, dated 05th February 2021 has come out with MCA Version 3.0 outline and key features. This Version will have additional modules for e-Adjudication, e-Consultation, and Compliance Management.
The IICA Proficiency Test: What It Actually Involves
The online proficiency self-assessment test for independent directors — 50% to pass, unlimited attempts, a two-year window, what the syllabus covers and how to...
SEBI LODR: The Corporate Governance Requirements, Mapped
The corporate governance chapter of SEBI LODR explained — who it applies to, board composition, the mandatory committees, RPTs, disclosures, and what changed between...
Detailed discussion of Section 185 of the Companies Act 2013
This refers that the "Companies Act likely to jolt Corporate World". Section 185 of the Companies Act, 2013, which puts restrictions on inter-corporate loans, jolted the corporate world. Until now, Companies were in the habit of borrowing funds from banks and passing them on to subsidiaries and...
Company Registration in India: Complete Guide (2026)
Starting a business in India requires selecting the right legal structure and completing the company registration process as per government regulations. This guide covers everything—from types of companies to step-by-step registration, documents, costs, and compliance. What is Company...
e-form PAS-6 - Reporting period, Moratorium Period with Draft Certificate
MCA vide General CircularG.S.R. 376(E). dated 22nd May 2019 has come up with Reconciliation of Share Capital Audit Report (Half-yearly)pursuant to sub-rule Rule 9A (8) of Companies (Prospectus and Allotment of Securities) Rules, 2014 and has issued Companies (Prospectus and Allotment of Securities)...
Procedure for a change in the Object clause of MOA
This Article contains the procedure for a change in the Object clause of the Company under the Companies Act, 2013 with detailed documentation required. I hope this document would be of some help w.r.t. professional workings. Memorandum of association is the charter of the company and defines the...