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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


Joint Audit as a Tool to Enhance Audit Quality

Company Law : joint audit involves two or more audit firms working together to issue an audit opinion on the financial statements of an organiza...

March 19, 2025 15 Views 0 comment Print

NCLT cannot decide on public law matters under MMDR Act in IBC cases: SC

Company Law : SC rules that NCLT cannot decide on public law matters under MMDR Act in IBC cases, reaffirming High Court jurisdiction under Arti...

March 17, 2025 1611 Views 0 comment Print

Importance of ROC Filing for Private Limited Companies

Company Law : Pvt Ltd ROC Filing is a essential compliance requirement for non-public confined groups in India. Filing ROC returns on time facil...

March 13, 2025 1695 Views 0 comment Print

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 711 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 2397 Views 0 comment Print


Latest News


Provisional List of Audit Firms Not Filing NFRA-2 for 2023-24

Company Law : Find the provisional list of audit firms of listed companies that haven't filed NFRA-2 forms for the reporting period 2023-24. Upd...

March 16, 2025 24141 Views 0 comment Print

Adequate Provisions in Companies Act, 2013 to Enhance Corporate Governance

Company Law : The Companies Act 2013 mandates corporate governance, transparency, and CSR reporting. Key provisions include financial disclosure...

March 16, 2025 162 Views 0 comment Print

Compliance Requirements for Private Limited Companies

Company Law : Understand the compliance regime for private limited companies in India, including business closure timelines and government measu...

March 16, 2025 594 Views 0 comment Print

Amendment in Companies Act 2013 & CSR Monitoring Framework

Company Law : Overview of proposed amendments in the Companies Act, 2013, CSR monitoring framework, and steps to ensure compliance and prevent m...

March 16, 2025 1107 Views 0 comment Print

CSR Implementation: Assessments and Expenditures

Company Law : Review CSR activities as mandated under Section 135 of the Companies Act, including sector-wise and state-wise CSR expenditure fro...

March 16, 2025 636 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 75 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 255 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 195 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 210 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 108 Views 0 comment Print


Latest Notifications


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 141 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 4329 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 156 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 138 Views 0 comment Print

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 147 Views 0 comment Print


Related Party Transaction – Companies Act, 2013 – Section 188

June 12, 2022 24483 Views 0 comment Print

In this article we are trying to explain transaction which considered as related part transaction, approvals from Board of directors and shareholders, legal aspects, compliances etc.

Brief of Section 196, 197 & Schedule-V of Companies Act, 2013

June 11, 2022 6837 Views 0 comment Print

Explore the key provisions of Companies Act, 2013, focusing on Section 196, 197, and Schedule V. Learn about age limits for MD/WTD/Manager, limits on remuneration for directors, and the significance of special resolutions. Stay compliant and informed.

Powers of Board & Restriction on Powers of Board – Companies Act

June 11, 2022 7803 Views 0 comment Print

Explore the powers and restrictions of the Board of Directors under Sections 179 and 180 of the Companies Act, 2013. Learn about the authority, limitations, and resolutions crucial for effective corporate governance.

Brief History of CARO & Applicability/Coverage of CARO 2020

June 11, 2022 22137 Views 0 comment Print

Companies (Auditor’s Report) Order i.e. CARO was first introduced in 1988, when central government first introduced Manufacturing and Other Companies (Auditor’s Report) order 1988, which later replaced by CARO 2003, CARO 2004, CARO 2015, CARO 2016 and now with CARO 2020.

Provisions for Loan & Investment by Company under Section 186

June 11, 2022 6105 Views 0 comment Print

LOAN AND INVESTMENT MADE BY COMPANY as per section-186(1)- A company shall not make investment through more than two layer of investment company.

ESOP by unlisted public company and private company

June 11, 2022 13692 Views 0 comment Print

Unlock the potential of Employee Stock Option Schemes (ESOS) and Employee Stock Purchase Schemes (ESPS) for unlisted public and private companies under the Companies Act, 2013. Learn the eligibility criteria, procedures, and income tax implications. Stay informed about the valuation of shares and key provisions for a seamless implementation.

Exposure Draft of Revised Guidance Note on CARO 2020

June 11, 2022 4785 Views 0 comment Print

Exposure Draft of Revised Guidance Note on CARO 2020 issued by the Auditing and Assurance Standards Board of ICAI The Auditing and Assurance Standards Board (AASB) of the ICAI had issued the ‘Guidance Note on the Companies (Auditor’s Report) Order, 2020‘ (Guidance Note on CARO 2020) in July 2020 to provide detailed guidance to auditors […]

Companies (Appointment and Qualification of Directors) Second Amendment, Rules, 2022

June 10, 2022 5202 Views 0 comment Print

MCA Notification No. G.S.R. 439(E) | Dtd. 10th June, 2022 The MCA vide its notification dated 10th June, 2022 has notified Companies (Appointment and Qualification of Directors) Second Amendment, Rules, 2022 which shall come into force on the date of its publication in the Official Gazette i.e. 10th June, 2022. In the Companies (Appointment and […]

CARO 2020 Reporting: Detailed Disclosures

June 10, 2022 48909 Views 0 comment Print

Explore CARO 2020 Reporting with detailed disclosures applicable from the financial year 2021-22. Understand the auditor’s role in reporting on crucial aspects, from property management to compliance checks. Stay informed with our comprehensive guide.

Appointment of Auditor, Casual Vacancy, ROC Filing, First Auditor Appointment

June 10, 2022 7164 Views 0 comment Print

Navigate the intricacies of auditor appointment, ROC filing, and compliance in this comprehensive guide. Learn about eligibility, conditions, filing requirements, and more. Stay compliant with the Companies Act, 2013.

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