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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 738 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 1038 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 366 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 6057 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 450 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 225 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 93 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 141 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 90 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 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 276 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 219 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 114 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 261 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 261 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 6786 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


Procedure For Removal of Director

April 29, 2020 59187 Views 0 comment Print

1. Ensure that a special notice for the removal of a director is furnished by number of members in accordance with the section 115 of Companies Act, 2013 to the company at least 14 days before the meeting at which it is to be moved. 2. (a) Ensure that the notice for removal of a […]

Consolidated Financial Statement- Section 129 and Accounting Standard 21

April 29, 2020 90477 Views 1 comment Print

In this write-up, I am going to discuss the preparation and presentation of the Consolidated Financial Statement. The Companies Act, 2013 in its Section 129 along with Rule 6 of the Companies (Accounts) Rules, 2014, and Accounting Standard 21 govern the provision related to the consolidation of the financial statement. Now the question arises what […]

Companies (Appointment and Qualification of Directors) Second Amendment Rules, 2020

April 29, 2020 6627 Views 0 comment Print

MCA has issued Companies (Appointment and Qualification of Directors) Second Amendment Rules, 2020 which are applicable from 29th April 2020 and by this Registration of details of Independent Directors in Independent Directors Data Bank who were director on 1st December 2019 is been allowed till 30th June 2020. Revised rules now provide that Every individual who […]

Draft Procedure for Submission of Audit Files to NFRA

April 28, 2020 3450 Views 0 comment Print

NFRA proposes to prescribe the procedures to be followed by all entities regulated by NFRA for submission of Audit Files to NFRA. NFRA invites comments from regulated entities on the procedure described in this draft document in Annexure A.

ROC Compliance List

April 28, 2020 20760 Views 1 comment Print

List of Due Dates of F.Y 2019-20 to be complied: There are numerous compliance which the Companies and LLP’s have to do during and after COVID-19 pandemic with the Registrar of Companies for the period F.Y 2019-20. Following is the List of Forms which the Companies need to comply for the F.Y 2019-20 Sr. No […]

All about dormant company (section 455)

April 28, 2020 6747 Views 1 comment Print

Dormant companies The companies Act, 2013 has recognized a new set of companies called as dormant companies. As per Section 455(1) Where a company is formed and registered under this act for a future project or to hold an asset or intellectual property and has no significant accounting transaction, such a company or an inactive […]

Transfer of Unclaimed shares to IEPF

April 28, 2020 13977 Views 3 comments Print

Transfer of Unclaimed shares to Investor Education and protection fund (IEPF) (if condition fulfilled) (A) Manner of Dealing with Unclaimed Shares (Regulation 39(4) read with Schedule VI of SEBI (LODR) Regulations, 2015) The listed entity shall comply with the following procedure while dealing with securities which remain unclaimed and/or are lying in the escrow account. […]

Form SPICe+ (SPICe Plus) for Company Incorporation

April 28, 2020 40224 Views 1 comment Print

MCA Filing Form SPICe+ (SPICe Plus) for Company Registration-Complete Overview 1. Introduction The government has rolled out a new simple application to make it further easier for incorporating a business in India. The new web form, Simplified Proforma for Incorporating Company Electronically Plus (SPICe+), which integrates various services from various ministries and departments The simplified […]

Companies Fresh Start Scheme- Applicability, Effect, Application & Immunity

April 27, 2020 1197 Views 0 comment Print

In order to facilitate the Companies registered in India to make a fresh start on a clean slate and to give such an opportunity to defaulting Companies by enabling them to file the belated documents in MCA-21 registry, the Central Government has introduced a scheme namely Companies Fresh Start Scheme, 2020 (CFSS – 2020) condoning the delay in filing the forms.

Name Application/Reservation for Company via Spice+Part A

April 27, 2020 49152 Views 0 comment Print

Name Application for the Company / Spice+ Part A / Name Application of Company Through Spice + Part A/ Reservation of Name Name Application for a Company could be made through SPICe+ Part A under New Application. From 23rd February, 2020 filing of WEB Based Form RUN for Name Application has been discontinued for Name […]

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