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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


Appointment of Auditors Under Companies Act, 2023

Company Law : Learn the rules for auditor appointments under the Companies Act, 2023, including first auditor, subsequent appointments, casual v...

April 2, 2025 528 Views 0 comment Print

Checklist for Issuance of Non-Convertible Debenture by Private Company

Company Law : Summary: A debenture is a debt instrument issued by a company as per Section 2(30) of the Companies Act, 2013. It can be convertib...

April 2, 2025 186 Views 0 comment Print

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 3996 Views 1 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 1194 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 996 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 2067 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 345 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 594 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 564 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 252 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 111 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 114 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 294 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 237 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 24, 2025 495 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 17, 2025 279 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...

February 27, 2025 165 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 ...

February 27, 2025 378 Views 0 comment Print

Section 10A Violation: Company & Directors Penalized for Late INC-20A Filing

Company Law : Emperium Constructions Pvt Ltd fined Rs. 50,000 for delayed INC-20A filing. Directors penalized Rs. 19,000 each under Section 10A ...

February 20, 2025 387 Views 0 comment Print


SPICE+- FAQs with Analysis of Part A and B

February 25, 2020 102963 Views 78 comments Print

SPICE+ : INCORPORATION OF THE COMPANY:- SPICE+ is divided into two Parts: 1. SPICe+ Part A represents the section wherein all details with respect to name reservation for a new company has to be entered. 2. SPICe+ Part B represents the section wherein all remaining details required for incorporation of a company has to be […]

SPICe+ to offer 10 services in a single web form- Read Features

February 25, 2020 4251 Views 1 comment Print

As a part of Government of India’s Ease of Doing Business (EODB) initiatives, the Ministry of Corporate Affairs has notified and deployed a new Web Form christened ‘SPICe+’ (pronounced ‘SPICe Plus’) replacing the old SPICe form. SPICe+ has come into force from 23.02.2020. SPICe+ is an integrated Web Form which would offer ten services by […]

NCLAT releases Flipkart India from Corporate Insolvency Resolution Process (CIRP)

February 24, 2020 2007 Views 0 comment Print

Neeraj Jain Vs Cloudwalker Streaming Technologies Pvt. Ltd. (NCLAT) we have found that demand notice delivered under Section 8(1) of the Code was not proper and was also incomplete. The Operational Creditor failed to submit any documents to prove in existence of the Operational debt and the amount in The Operational Creditor also failed to […]

Condonation of delay by Central Government | Section 460

February 24, 2020 48054 Views 1 comment Print

When any application/ document required to be filed with the Central Government or with Registrar and if it is not done within the time limit as specified in the respective provisions under the Companies Act, 2013 then there is need to follow the a separate procedure for Condonation of delay. As we all know that […]

Views on Enhancing Audit Independence & Accountability

February 23, 2020 1566 Views 0 comment Print

In this article author gives his views on the Consultation Paper with Justification to Examine the Existing Provisions of Law and Make Suitable Amendments therein to Enhance Audit Independence and Accountability

Dormant Company – Section 455 – Companies Act 2013

February 22, 2020 13434 Views 0 comment Print

Article explains How to Voluntarily Obtain Status of Dormant Company-Steps, Company Which can be declared Dormant By Registrar, Steps to apply for ACTIVE COMPANY Status by Dormant Company, Documents required for obtaining status of Dormant Company, Compliances to be done by a Company after Obtaining Status of Dormant Company and Companies  eligible to apply for […]

Producer Company in India

February 22, 2020 5430 Views 0 comment Print

Article explains How to appoint a director in producer company,  grounds a director shall vacate the office of directorship in company, provisions of board meeting of producer company, important officers required to be appointed in producer company, Applicability of annual general meeting to Producer Company, Matters to be discussed and approved in Annual general meeting,  […]

Right of Member to Copies of Audited Financial Statement

February 20, 2020 10836 Views 0 comment Print

Copy of Financial Statement (defined under section 2(40) of the Companies Act, 2013 (‘the Act’) shall be sent to persons as envisaged under Section 136 of the Act. Section 136 also tells about the mode, time limit and other additional compliance related to same. This articles briefly elaborates Section 136 of the Act. Section 136, […]

Ease of doing business- New SPICE+ Form for company incorporation

February 20, 2020 2346 Views 0 comment Print

According to MCA as part of Government of India’s Ease of Doing Business (EODB) initiatives, the Ministry of Corporate Affairs has notified & deployed a new Web Form Christened ‘SPICe+’ (pronounced ‘SPICe Plus’) replacing the existing SPICe form. The Ministry of Corporate Affairs is replacing the existing SPICe (Simplified Performa for Incorporating Company Electronically) form with a […]

All about SPICE and new SPICE+Form

February 20, 2020 22335 Views 0 comment Print

The new SPICe+ form provides even more services in a single form than the previous SPICe form. This might result in increase in company formations and lesser difficulties along with better compliance. The Ministry has taken a prudent decision and this can result in even quicker company incorporations.

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