Prohibition on Forward dealings in Securities by Director

Prohibition on forward dealings in securities of company by director or key managerial personnel as per section 194 of the Companies Act 2013.

Contract by One Person Company

Know the provisions related to Contract by One Person Company (OPC) limited by shares or by guarantee as per section 193 of the Companies Act 2013.

Contribution to bona fide and charitable funds by a Company

Know the provisions related to Contribution to bona fide and charitable funds, etc. by a Company as per section 181 of the Companies Act 2013.

Payment to Director for Loss of Office

Payment to director for loss of office, etc., in connection with transfer of undertaking, property or shares as per section 191 of the Companies Act 2013.

Section 465 – Repeal of certain enactments and savings

Repeal of certain enactments and savings. Part IX A of the Companies Act, 1956 shall be applicable mutatis mutandis to a Producer Company.

Appointment of Managing Director, Whole-time Director or Manager

Know the provisions related to appointment of managing director, whole-time director or manager of a company as per section 196 of the Companies Act 2013.

Contract of Employment with Managing or Whole-time Directors

Know the provisions related to Contract of Employment with Managing or Whole-time Directors of a Company as per section 190 of the Companies Act 2013.

Investments of company to be held in its own name

Know the provisions related investments made or held by a company in any property, security or other asset as per section 187 of the Companies Act 2013.

Recovery of Remuneration of MD/WD/CEO of Company

Recovery of Remuneration from Directors or Managers or Chief Executive Officer in certain cases as per provisions of section 199 of Companies Act 2013.

Calculation of Profits of Company for Managerial Remuneration

Know the various adjustments while calculation of net profits of a company as per section 198 of the Companies Act 2013.

Tax on Dividend declared, distributed or paid by Domestic Companies

Domestic Company Dividend Tax

What is Dividend Distribution Tax? Who is responsible to pay tax on distributed tax on dividend received by the domestic company from its subsidiaries.

Complete list of sections of Income Tax Act, 1961-2016

Income Tax Section List

Download the list of all sections i.e. section 1 to section 298 of the Income Tax Act, 1961 as amended by the relevant Finance Act in PDF format.

INC-29 eForm for Company Name, Incorporation and DIN Application

eForm INC-29

File single Form No. INC-29 for reservation of name, allotment of DIN and Incorporation of Company. No need to file INC-1, INC-2/7, DIR-12 and INC-22.

Pending Registration of Transfer of Shares of any Company

Pending Share Transfer Registration

Sec. 126 of Companies Act, 2013, right to dividend, rights shares and bonus shares to be held in abeyance for pending registration of transfer of shares.

Exemptions to companies licensed u/s Section 8 of CA 2013

Exemptions to Non-profit Companies

Section 8 (Non-Profit) Companies are exempted from certain provisions of the Companies Act, 2013 as per section 462 of Companies (Amendment) Act 2015.

Exemptions to Private Company u/s 462 of Companies Act, 2013

Exemption to Private Companies

MCA has notified certain sections which shall not apply or shall apply with such exceptions, modifications and adaptations to Private Companies u/s 462 of CA 2013.

Exemptions to Nidhi Companies u/s 462 of Companies Act, 2013

Exemption to Nidhi Company

Nidhi companies are exempted from the provisions of specified sections of the Companies Act, 2013 as per section 462 read with 406 of CA 2013.

Exemptions to Government Companies u/s 462 of CA 2013

Exemptions to Govt Company

Provisions of specified sections which shall not apply or shall apply with exceptions to a Government Company under section 462 of Companies Act, 2013.

Punishment for Failure to Distribute Dividends

Punishment Failure Distribute Dividends

The company and every directors shall be punishable for failure to distribute dividends as per provisions of section 127 of the Companies Act, 2013.

The Companies (Declaration and Payment of Dividend) Rules, 2014

Dividend Rules

The Central Government vide MCA notification dated 29th May, 2015 makes the Companies (Declaration and Payment of Dividend) Second Amendment Rules, 2015.

Powers and Duties of Auditors for Audit Reports of a Company

Auditors Power Duties

The powers and duties of auditor of a company and detailed reporting requirement under section 143. Standards of Auditing for Audit Report of a Company.

Books of Account of Company – Maintenance, Inspection and Penalty

Books of Account

Provisions related to keeping, maintaining and inspecting books of accounts of any company and penalties under section 128 of the Companies Act, 2013.

RBI revised the regulatory provisions relating to NBFCs

NBFC Revised Regulatory Provisions

Revised Regulatory Framework for NBFC (Non-Banking Finance Company). Requirement of minimum Net Owned Fund, Asset Classification and Prudential Norms.

Corporate Social Responsibility Committee by Indian Company

CSR Committee

Know the provisions u/s 135 of Companies Act, 2013 related to the constitution of Corporate Social Responsibility (CSR) committee by BOD of a company.

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