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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


Procedure for ISIN Issuance: Steps & Requirements

Company Law : Learn the ISIN issuance process, required documents, and compliance steps for dematerializing securities under the Companies Act, ...

March 10, 2025 171 Views 0 comment Print

Form MSME-1: Purpose, Filing, Due-date and Penalty

Company Law : Understand purpose, filing requirements, due dates and penalties of Form MSME-1 for companies with outstanding dues to MSME suppli...

March 9, 2025 1587 Views 0 comment Print

Draft Board Resolution for Adoption of New set of MOA and AOA

Company Law : The board approved the adoption of a new Memorandum & Articles of Association in compliance with the Companies Act, 2013, subject ...

March 7, 2025 501 Views 1 comment Print

India Entry: Wholly Owned Subsidiary (WOS) Model

Company Law : Learn about Wholly Owned Subsidiary (WOS) model in India, its shareholder requirements, nominee shareholders and compliance obliga...

March 6, 2025 804 Views 0 comment Print

Challenges in Sustainability Reporting and ESG Compliance

Company Law : Discover key challenges in sustainability reporting, including multiple frameworks, data complexity, and regulatory compliance. Le...

March 6, 2025 315 Views 0 comment Print


Latest News


Audit of Accounting Estimates & Judgments Income Taxes – Ind AS 12 – NFRA

Company Law : Overview of NFRA's interaction series focusing on auditor-audit committee communications, covering deferred tax assets, liabilitie...

March 10, 2025 174 Views 0 comment Print

NFRA Invites Applications for Chairperson & Members

Company Law : Apply for Chairperson and Member positions at NFRA. Eligibility: 20-25 years of experience in accountancy, auditing, finance, or l...

March 4, 2025 204 Views 0 comment Print

ICSI CS Exam December 2024 Results Declared

Company Law : ICSI announces CS exam results for December 2024 session. Check pass percentages, top rankers, and next exam dates. Download marks...

February 26, 2025 2664 Views 0 comment Print

NFRA Flags Audit Deficiencies at PwC Firms

Company Law : NFRA inspection of PwC firms (PWCA & PW& Co CA) reveals deficiencies in related party transaction verification and documentation, ...

February 14, 2025 6174 Views 0 comment Print

Authenticity of An Applicant Claiming Share/Security Certificates as Legal Heirs

Company Law : Government updates on share certificate claims: FIR condition removed for values up to Rs. 5 lakh. Companies must ensure authentic...

February 12, 2025 285 Views 0 comment Print


Latest Judiciary


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 48 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 165 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 174 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 183 Views 0 comment Print

Liquidator empowered to proceed with private sale of Corporate Debtor by Swiss Challenge Mechanism

Company Law : NCLAT Delhi held that Liquidator is jurisdictionally empowered to proceed with private sale of Corporate Debtor by adopting Swiss ...

February 19, 2025 99 Views 0 comment Print


Latest Notifications


Tristar Transport Penalized for Non-Compliance with Section 90 of Companies Act

Company Law : Tristar Transport India Pvt. Ltd. fined for delays in filing BEN-1 and BEN-2 under Section 90 of the Companies Act, 2013. Director...

March 10, 2025 57 Views 0 comment Print

Penalty Imposed on Tristar Transport for Non-Compliance with Section 90 of Companies Act

Company Law : Tristar Transport (India) Pvt. Ltd. faces penalties for delayed compliance with Section 90 of the Companies Act, 2013, as per ROC ...

March 7, 2025 279 Views 0 comment Print

CSR Penalty: RD Waives Director Fines, Reduces Company Penalty for Procedural Errors

Company Law : Regional Director modifies CSR penalty for Clairvoyant India, waiving fines for directors, and reducing company penalty due to pro...

March 6, 2025 264 Views 0 comment Print

Appeal Against Penalties for Late Annual Return Filing Rejected; RoC Mumbai’s Order Upheld

Company Law : Vatan Textiles Ltd.'s appeal against penalties for delayed annual return filing was rejected due to late submission. RoC Mumbai's ...

March 6, 2025 519 Views 0 comment Print

Time barred Appeal Against Penalties for Delayed Filing Rejected by Mumbai RD

Company Law : Vatan Textiles' appeal against penalties for delayed financial statement filing was rejected by the Regional Director, Mumbai, due...

March 6, 2025 153 Views 0 comment Print


Liability of a director under Indian Companies Act 2013

May 5, 2023 30525 Views 0 comment Print

Explore the liability of a director under the Indian Companies Act 2013, covering offenses, duties, fines, and potential imprisonment. Understand scenarios like breach of fiduciary duty, ultra vires acts, negligence, and liability to third parties. Learn about the Limitation Act’s applicability to proceedings and appeals before the Tribunal or Appellate Tribunal, with varying limitation periods based on specific situations.

कंपनियों को १ अप्रैल २०२३ से ऑडिट ट्रेल रखना अनिवार्य

May 4, 2023 2859 Views 0 comment Print

मिनिस्टरी ऑफ कॉर्पोरेट अफेयर्स के दिनांक २४ मार्च २०२३ के नोटिफ़िकेशन द्वारा ऑडिट ट्रेल के प्रावधान १.४.२०२३ से अनिवार्य कर दिये गए हैं । इस प्रावधान के महत्वपूर्ण बिन्दु इस तरह है : 1. यह उन सभी कंपनियों पर लागू है जो अपने अकाउंटस किसी अकाउंटिंग सॉफ्टवेर के जरिये करते हैं । 2. उन्हे यह […]

Process to Increase Authorised Share Capital in Private Companies

May 4, 2023 40377 Views 0 comment Print

A Private Company have to follow the necessary steps to increase the authorized capital limit in order to issue more shares when existing authorised capital get exhausted.

Companies Act Section 140(5) not become nugatory on auditor resignation: SC

May 4, 2023 2445 Views 0 comment Print

SC ruling on whether rendering provisions of Section 140(5) of Companies Act, 2013 become nugatory on auditor resignation on non reporting of fraud

No automatic bail rejection for mere twin conditions in Section 212 of Companies Act

May 4, 2023 5688 Views 0 comment Print

Section 212(6) contemplates that before a court decides to grant bail to an accused, public prosecutor must be given an opportunity to oppose bail application.

Auditors cannot escape being probed if they resign; Section 140(5) of Companies Act constitutional: SC

May 4, 2023 18729 Views 0 comment Print

Challenge to constitutional validity of section 140(5) of Companies Act, 2013 fails and it is observed and held that section 140(5) is neither discriminatory, arbitrary and/or violative of Articles 14, 19(1)(g) of Constitution of India

Demystifying Corporate Social Responsibility

May 4, 2023 1836 Views 0 comment Print

Corporate Social Responsibility, which refers to a company’s voluntary initiatives to take responsibility for its impact on society and the environment. CSR is the way in which companies integrate social and environmental concerns into their business operations and interactions with stakeholders, including customers, employees, shareholders, communities, and the planet.

Demystifying Managerial Remuneration under Companies Act, 2013

May 4, 2023 18456 Views 0 comment Print

Discover the intricacies of Managerial Remuneration under the Companies Act, 2013. Learn about limits, approval processes, disclosures, and legal aspects. Demystify the complexities of compensating managerial personnel while maintaining regulatory compliance

What is ESOP and Complete Guidelines to Issue ESOP

May 3, 2023 6180 Views 0 comment Print

Employee stock option plan ESOP is a contractual agreement that offers employees the right, but not the responsibility, to purchase or subscribe to a defined number of firm shares at a fixed price, such as the exercise price. There is no change in the exercise price if once decided even if future market prices increase.

Applicability of Cost Audit & Maintenance of Cost Records in Construction Industry

May 3, 2023 147360 Views 1 comment Print

Understand the applicability of Cost Audit and Maintenance of Cost Records in the Construction Industry. Learn about rules, coverage, turnover criteria, and the duties of companies for appointment of cost auditors. Explore different Construction Project Models like PPP, Real Estate Development, and EPC Contracting. Consequences of non-compliance and steps required for maintaining cost records. Expert insights shared by Guruprakash N. Bhambore, Secretary-The Bombay Commodity Association Ltd.

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