A total number of 28,52,449 companies were registered in the country as on 31st March 2025, of which 65% (18,50,932) companies stands active. There is increase of 0.14% in the total proportion of active companies w.r.t registered companies when compared to Fe…
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MCA Imposed Penalty for Holding More than One DIN
Ministry of Corporate Affairs Through Registrar of Companies West Bengal vide adjudication order dated 22.04.2025 has imposed a Penalty of Rs. 2,64,500/- on the Director for holding More than One DIN. According to Section 155 of the Companies Act 2013, No in…


Annual MCA Compliances
MCA (ROC) – Compliances – Due Dates Form Description Due Date MBP - 1 Declaration of Interest All directors must submit to the company during the first Board Meeting of every financial year. DIR - 8 Declaration of Non-Disqualifications All directors must subm…

list of items of business which shall not be passed by circulation and shall be placed before the Board at its Meeting: Table of Contents General Business Items: Noting Minutes of Meetings of Audit Committee and other Committees. Approving …


Removal of Director before the expiry of the period
The directors of the organization are in charge of running the business on a daily basis. As the company's ultimate owners, the shareholders who made the investment have complete authority to choose and fire the company's directors. Important Prov…


Procedure for Capitalization of Profits - Issue of Bonus Shares
Table of Contents Provision for Issuance of Bonus Shares under Companies Act, 2013 Section 63. (1) A company may issue fully paid-up bonus shares to its members, in any manner whatsoever, out of— ( i ) its free reserves; ( ii )…


Instruction Kit for webform MR-1 Return of appointment of Managerial Personnel
LAW(S) GOVERNING THE WEBFORM Pursuant to Section 196, 197, Schedule V of the Companies Act, 2013 read with Rule 3 of the Companies (Appointment and Remuneration of Managerial Personnel) rules, 2014. Purpose of the webform On appo…
