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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


MCA Issues Show Cause Notices for Cost Audit Non-Compliance

Company Law : MCA issues notices for non-filing or delayed filing of cost audit reports under Section 148 of the Companies Act. Learn about pena...

April 2, 2025 1872 Views 0 comment Print

Responsibility of Independent Director For Defaults of Company

Company Law : Court clarifies independent directors' liability, requiring proof of involvement in financial misconduct before defaulter classifi...

April 2, 2025 477 Views 0 comment Print

Demat Deadline Extended: Impact on Non Small Private Limited Companies

Company Law : MCA extends demat deadline to June 30, 2025. This impacts non-small private companies, allowing physical share transfers until the...

April 2, 2025 297 Views 0 comment Print

Stamp Duty on Issuance of Share Certificate In Delhi (Physical/ Demat)

Company Law : Understand stamp duty on share certificates in Delhi for physical and demat shares. Learn rates, payment procedures, and legal com...

April 2, 2025 135 Views 0 comment Print

Does Non-Filing of Annual Forms for 3 Years Automatically Disqualify a Director

Company Law : Directors face automatic disqualification under Section 164(2) of the Companies Act for non-filing of financial statements for 3 y...

April 2, 2025 399 Views 0 comment Print


Latest News


Deloitte Inspection: NFRA Notes Progress, Flags Lingering Issues

Company Law : NFRA's 2023 inspection of Deloitte Haskins & Sells LLP finds improvements but notes ongoing issues in key audit areas....

March 30, 2025 465 Views 0 comment Print

NFRA Series on Auditor-Audit Committee Interaction: Related Party Audits

Company Law : NFRA highlights auditor responsibilities in related party transactions, emphasizing compliance with Ind AS 24, SEBI regulations, a...

March 30, 2025 282 Views 0 comment Print

Audit Strategy & Planning – SA 300: NFRA’s Guidance for Auditors

Company Law : NFRA outlines audit strategy and planning requirements, emphasizing auditor communication with audit committees and compliance wit...

March 30, 2025 540 Views 0 comment Print

NFRA Finds Unresolved Issues in Walker Chandiok’s 2023 Audit Inspection

Company Law : NFRA's 2023 inspection of Walker Chandiok & Co. LLP reveals ongoing issues in independence and audit procedures....

March 30, 2025 513 Views 0 comment Print

NFRA Finds Continued Independence Issues at SRBC & Co. LLP in 2023 Inspection

Company Law : NFRA's 2023 inspection of SRBC & Co. LLP highlights audit quality issues, independence concerns, and compliance with auditing stan...

March 30, 2025 240 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 96 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 111 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 288 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 234 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 240 Views 0 comment Print


Latest Notifications


Companies Act Section 42, 55 & 62 Violation: MCA reduces Penalty from ₹13.9 Lakh to ₹1.1 Lakh

Company Law : Summary of the appeal by Aaryak Jewellery Pvt Ltd against penalties under Sections 42, 55, and 62 of Companies Act, 2013. Decision...

March 29, 2025 324 Views 0 comment Print

MCA reduces Penalty in Share Certificate Delay Case

Company Law : River Mobility Pvt. Ltd. appealed against a ₹3L penalty for delayed share certificate issuance. ITAT reduced it to ₹1L. Read t...

March 29, 2025 573 Views 0 comment Print

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 273 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 273 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 6915 Views 1 comment Print


MCA advisory on Business User Registration on MCA21 V3 system

August 17, 2022 10662 Views 1 comment Print

You may be aware that the Ministry of Corporate Affairs is going live with MCA21 V3 system with 09 Company e-forms* on 31 August 2022 at 12:00 AM. In view of the same, filings for the said 09 e-forms will be stopped on the current MCA21 V2 system from 15 August 2022, at 12:00 AM […]

Notices under Section 248 For Non-Filing of INC-20A Under Section 10A

August 16, 2022 3393 Views 0 comment Print

Understanding notices under Section 248 for non-filing of INC-20A under Section 10A. Learn about the grounds for removal and representation rights for companies.

Section 196 Appointment of MD, Whole-time director or Manager – Analysis

August 16, 2022 18987 Views 0 comment Print

Learn about the appointment of managing director, whole-time director or manager under Section 196. Analyze the reasons behind the restriction on simultaneous appointments.

Farmer Producers Company (FPO)

August 16, 2022 11154 Views 0 comment Print

Farmer Producer Company (FPC) allows farmers who are producers of agricultural products to form groups & register under Companies Act.

Directors Report Companies Act 2013 – A referencer

August 13, 2022 26913 Views 0 comment Print

Get a comprehensive referencer on Directors Report under Companies Act 2013. Understand the changes, responsibilities of directors, and preparation of the Boards Report.

DIR 3 KYC- Due Date 30th September

August 12, 2022 4110 Views 0 comment Print

Every DIN holder who will be performing his/her KYC for the very first time after allotment of DIN will be able to file his/her KYC through form i.e. DIR 3 KYC form only. From the next FY, the DIN holder can complete the KYC using web based functionality.

Name Approval from CRC-An approach to detour Rejections & Re-submissions

August 10, 2022 2745 Views 0 comment Print

Avoid name rejections and re-submissions from the CRC during company registration. Learn the guidelines to ensure your proposed name meets the requirements.

4,32,796 companies struck off  down during last five years

August 10, 2022 720 Views 0 comment Print

Removal of name of company from Register of Companies is a continuous process 4,32,796 companies have been struck off during last five years 

New system for registration of companies in one day with 11 Services

August 10, 2022 840 Views 0 comment Print

If the application filed for incorporation is complete in all respect, the same is processed and approved for incorporation on an average within 1 day of filing.

No specific Incentives mechanism For Utilisation of CSR Funds

August 10, 2022 588 Views 0 comment Print

There is no specific incentive mechanism in place to incentivise the effective utilisation of Corporate Social Responsibility (CSR) funds by companies as this is a regulatory requirement under Companies Act, 2013

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