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Company Law

Company Law India: Read latest Company law news & updates, acts, circular, notifications & articles issued by MCA amendment in companies Act 2013. Article on Loans Company formation XBRL, Schedule VI IFRS.

Latest Articles


Strike Off of Private Limited Companies: A Comprehensive Guide

Company Law : The process of striking off a private limited company refers to the removal of a company’s name from the Register of Compani...

March 25, 2025 783 Views 3 comments Print

Appointment of CTO, COO, and CMO as KMP: Compliance Guide

Company Law : Appointment of other officer such as CTO, COO, and CMO as Key Managerial Personnel (KMP) under Companies Act, 2013 – Key Con...

March 24, 2025 1083 Views 0 comment Print

Forms Required for Pvt. Ltd Annual Filing: AOC-4 and MGT-7

Company Law : Private Limited Companies in India ought to observe annual filing necessities to keep transparency and prison standing. This artic...

March 23, 2025 588 Views 0 comment Print

Overview of Legal Framework Governing Cost Records & Cost Audits in India

Company Law : Cost audit and cost records serve as essential tools for achieving these objectives, enabling companies to monitor, control, an...

March 23, 2025 384 Views 0 comment Print

Corporate Social Responsibility (CSR) in India: Key Guidelines

Company Law : Understand CSR in India, its applicability, permitted activities, non-permitted contributions, penalties for non-compliance, and r...

March 21, 2025 6102 Views 1 comment Print


Latest News


Independent Director Vacancies in Central PSUs

Company Law : 86% of Independent Director positions in CPSEs remain vacant. Govt follows a structured process for appointments through ministrie...

March 26, 2025 483 Views 0 comment Print

Government Actions on Non-Functional & Shell Companies

Company Law : In 2024, 16,798 companies were struck off under Section 248(2). No definition for shell companies exists under Companies Act, 2013...

March 26, 2025 252 Views 0 comment Print

Company Registrations via Central Registration Centre

Company Law : The Central Registration Centre processed 98,098 e-forms in 2025. Meerut saw 3,340 company registrations since 2016. Learn more ab...

March 26, 2025 102 Views 0 comment Print

MCA21 Portal Implementation Challenges & Improvements: Key Updates

Company Law : MCA21 portal sees 84 lakh filings in 2024-25; SMEs report technical issues. Govt enhances server capacity, grievance redressal, an...

March 26, 2025 159 Views 0 comment Print

Allegations of Financial Misconduct and Bribery against Corporate Entities

Company Law :  Government's approach to addressing corporate misconduct, strengthening investor protection, and promoting financial literacy th...

March 26, 2025 99 Views 0 comment Print


Latest Judiciary


Beneficiary under personal guarantee entitled to file application u/s. 95 of IBC

Company Law : NCLAT Delhi held that beneficiary under the personal guarantee is fully entitled to initiate Personal Insolvency Resolution Proces...

March 27, 2025 42 Views 0 comment Print

NCLAT held Electricity was essential supply, couldn’t be disconnected during moratorium period under IBC

Company Law : When the corporate debtor failed to pay the outstanding power obligation, appellant subsequently cut off the electrical service. O...

March 10, 2025 102 Views 0 comment Print

IBC would prevail over Electricity Act: NCLAT Delhi

Company Law : The plain reading of the above provisions of Section 60(5)(c) clearly indicates that the NCLT is empowered to adjudicate any quest...

March 7, 2025 279 Views 0 comment Print

Profit-Sharing Disputes Not Operational Debt Under IBC: NCLAT Delhi

Company Law : NCLAT Delhi quashes CIRP against Alcuris Healthcare, ruling profit-sharing disputes do not constitute operational debt under IBC. ...

February 27, 2025 231 Views 0 comment Print

Hypothecated Assets Can’t Be claimed through retrospective journal entries to Evade Insolvency proceedings

Company Law : NCLAT dismisses appeals in Saturn Ventures case, upholding RP’s findings on asset ownership and rejecting fraudulent transaction...

February 26, 2025 225 Views 0 comment Print


Latest Notifications


Appeal Against ROC Penalty for absence of maintained registered office Dismissed

Company Law : The appeal by Maptech Poly Products Pvt Ltd against a penalty for non-maintenance of its registered office was dismissed by the Re...

March 20, 2025 264 Views 0 comment Print

Failure to Appoint Resident Director: MCA reduces Penalty from ₹6 Lakh to ₹60000

Company Law : Vishnupriya Hotels' appeal led to a penalty reduction for non-compliance with Section 149(3) of the Companies Act. The company pai...

March 19, 2025 264 Views 0 comment Print

CSR provision Violation: MCA reduces Penalty from ₹1.59 Crore to ₹32.72 Lakh

Company Law : Vishnupriya Hotels appealed against CSR non-compliance penalties. The Regional Director reduced the fine after reviewing submissio...

March 19, 2025 6798 Views 1 comment Print

Internal Auditor Appointment Delay: MCA reduces Penalty

Company Law : Konoria Plaschem faced penalties for failing to appoint an internal auditor from 2014-2020. The fine was reduced on appeal. Read t...

March 19, 2025 285 Views 0 comment Print

Board Meeting Lapses: MCA reduces Penalty from ₹28.5 Lakh to ₹2.85 Lakh

Company Law : Water & Sanitation (India) for Urban Poor failed to hold board meetings from 2011-2019, leading to penalties. The fine was later r...

March 19, 2025 378 Views 0 comment Print


The Cost Accounting Records (Telecommunications) Rules, 2002

October 8, 2002 646 Views 0 comment Print

state-controlled enterprise” means an enterprise which is under the control of the Central Government or a State Government.

The Cost Accounting Records (Petroleum Industry) Rules, 2002

October 8, 2002 1177 Views 0 comment Print

fellow subsidiary” means a company is said to be a fellow subsidiary of another company if both are subsidiaries of the same holding company.

Cost Accounting Records (Plantation Products) Rules, 2002

October 8, 2002 1024 Views 0 comment Print

Related party relationships means parties who are considered to be related if at any time during the reporting period one party has the ability to control the other party or exercise significant influence over the other party in making financial and/or operating decisions

Notification No. S.O. 1047(E), dated 30/09/2002

September 30, 2002 604 Views 0 comment Print

In exercise of the powers conferred by sub-section (4) of section 205C of the Companies Act, 1956 (1 of 1956), the Central Government hereby makes the following further amendments in the Notification of the Government of India, erstwhile Ministry of Law, Justice and Company Affairs

Notification No. G.S.R. 670(E), dated 30/09/2002

September 30, 2002 709 Views 0 comment Print

In exercise of the powers conferred by sub section (1) of section 641 of the Companies Act, 1956 (1 of 1956), the Central Government hereby makes the following further amendments in schedule XIII to the said Act, namely

Regarding new provisions of Section 43A(2A) of the Companies Act, 1956

September 30, 2002 2881 Views 0 comment Print

I am directed to refer to your letter No.TC/43A(2A)/3854 dated 23.1.2002 addressed to the Regional Director, Kanpur and copy endorsed to this Department and to say that fixing of time limit for getting conversion by deemed public company to private limited company under Section 43A(2A) of the Companies Act, 1956 may not be feasible.

Clarifications regarding provisions of Section 205C with respect to Unpaid Dividend

September 23, 2002 544 Views 0 comment Print

The above amounts have to be transferred to the Fund when they have remained unclaimed or unpaid for a period of seven years from the date they became due for payment.

Notification No. G.S.R. 651(E), dated 17/09/2002

September 17, 2002 481 Views 0 comment Print

In the notification of the Government of India, Ministry of Law, Justice and Company Affairs (Department of Company Affairs) vide GSR 419(E) dated 11th June, 2002, published in the Gazette of India, Extraordinary,

Notification No. G.S.R. 650(E), dated 17/09/2002

September 17, 2002 586 Views 0 comment Print

G.S.R. 650(E). – In exercise of the powers conferred by sub-section (1) of section 641 of the Companies Act 1956 (1 of 1956), the Central Government hereby makes the following further alterations in Schedule II to the said Act, namely.

General Circular No. 21/2002, dated 12/09/2002

September 12, 2002 406 Views 0 comment Print

Dividend income from shares of Indian companies and income from units of mutual Funds have been made taxable in the hands of share/unitholders by the Finance Act, 2002. For small investors investing in equity, a threshold limit of Rs.1,000 was provided for the purpose of TDS. Let us for senior citizens and for investors raise the threshold limit to Rs.2500.

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