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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


Is SH-7 Mandatory for CCPS Conversion?

Company Law : Understand if Form SH-7 is required during the conversion of CCPS to equity shares under the Companies Act, 2013, based on the aut...

February 10, 2025 48 Views 0 comment Print

Does Section 203 of Companies Act 2013 Apply to Private Companies?

Company Law : Learn about Section 203 of the Companies Act, its applicability to private companies, key provisions, and exceptions for companies...

February 10, 2025 105 Views 0 comment Print

Stamp Duty on Transfer of Shares In Demat Form: Private Limited Company

Company Law : Understand stamp duty rules on share transfers in demat form for private limited companies. Covers legal framework, rates, respons...

February 8, 2025 900 Views 0 comment Print

Share Capital Reduction: Process, Impact & Key Implications

Company Law : Learn about share capital reduction under Section 66 of the Companies Act 2013, its process, financial impact, and implications fo...

February 7, 2025 414 Views 0 comment Print

Class Action Suit- A legal proceeding to protect interest of Minority Shareholders

Company Law : Learn about Class Action Suits under Section 245 of the Companies Act, 2013, protecting minority shareholders from oppression and ...

February 7, 2025 183 Views 0 comment Print


Latest News


MCA-21 Portal Glitches and Government’s Response

Company Law : The Government acknowledges MCA-21 glitches, highlights improvements, ensures data security, and implements new features for bette...

February 6, 2025 150 Views 0 comment Print

Government Simplifies Unclaimed Dividend Reporting Process

Company Law : The Indian government has reduced reporting forms for companies on unclaimed dividends and integrated fund transfers with Bharatko...

February 6, 2025 114 Views 0 comment Print

MCA21 Records 80.26 Lakh Form Filings

Company Law : MCA21 portal saw 80.26 lakh form filings between April 2024 and January 2025, showcasing improved security, user experience, and s...

February 6, 2025 96 Views 0 comment Print

NFRA Inspection Report 2023 on Lodha & Co. Audit Quality

Company Law : Summary of NFRA's audit quality inspection of Lodha & Co., highlighting key deficiencies in audit documentation, independence poli...

January 15, 2025 14244 Views 0 comment Print

NFRA Inspection Report 2023: Audit Review of M/s BSR & Co. LLP

Company Law : NFRA's 2023 inspection of M/s BSR & Co. LLP highlighted improvements in audit practices, independence policies, and documentation ...

January 15, 2025 795 Views 0 comment Print


Latest Judiciary


Creditor not restricted to enforce personal guarantee signed on behalf of trust

Company Law : NCLAT Delhi held that trusteeship deeds are generally signed between the trust on behalf of the lenders and the personal/ corporat...

February 10, 2025 48 Views 0 comment Print

CoC decision to liquidate accepted as Corporate Debtor has no assets: NCLAT Delhi

Company Law : NCLAT Delhi held that CoC decision to liquidate the Corporate Debtor is acceptable as corporate debtor has no assets and thus CIRP...

February 8, 2025 117 Views 0 comment Print

Breaking News: Delhi HC Stays NFRA’s SCN Against Engagement Quality Control Reviewer

Company Law : Delhi HC examines NFRA's jurisdiction in issuing show-cause notices to Engagement Quality Control Reviewers (EQCRs) under Section ...

February 5, 2025 6420 Views 0 comment Print

Insolvency Application was maintainable against Personal Guarantor u/s 60(1) even if there was absence of pending CIRP against CD

Company Law : The view that NCLT had no jurisdiction to entertain Section 95 Application filed by the Financial Creditor and the Application oug...

February 3, 2025 144 Views 0 comment Print

Extension of moratorium period beyond 180 days impermissible: NCLAT Delhi

Company Law : NCLAT Delhi held that as per expressed provisions of section 101(1) of the Insolvency and Bankruptcy Code, 2016 moratorium period ...

February 1, 2025 174 Views 0 comment Print


Latest Notifications


MCA imposes Penalty for Section 10A Violation (Delay in filing INC-20A form)

Company Law : Infracx Developers Pvt Ltd penalized for delayed INC-20A filing under Section 10A of the Companies Act, 2013. Total penalty: ₹43...

February 5, 2025 339 Views 0 comment Print

Penalty Imposed for Non-Compliance with Women Director Requirement

Company Law : Godrej Tyson Foods Ltd. penalized for failing to appoint a woman director under Section 149(1) of the Companies Act. Penalty inclu...

February 1, 2025 237 Views 0 comment Print

NFRA Penalizes Statutory Auditor of Religare Finvest for Misconduct

Company Law : NFRA imposes Rs. 5 lakh penalty and 5-year debarment on CA Neeraj Bansal for professional misconduct during Religare Finvest Ltd's...

January 30, 2025 17850 Views 0 comment Print

Failure to maintain meeting minutes & resolutions: MCA imposes Penalty

Company Law : MCA penalizes Chandrabangshi Nidhi Ltd for violating Section 118(1) of the Companies Act, 2013, due to failure to maintain meeting...

January 28, 2025 3801 Views 0 comment Print

Penalty Imposed on United Technologies for Non-appointment of whole-time CS

Company Law : United Technologies faces penalties for non-appointment of company secretary under the Companies Act, with fines for company and d...

January 27, 2025 450 Views 0 comment Print


Analysis of Deposits by Nidhi Companies

March 25, 2016 62038 Views 0 comment Print

In this article we discuss how much a Nidhi Company can take deposits and from whom. These are the rules and limitations for taking deposits by Nidhi Companies :- 1. The ratio of Net Owned Funds of the Nidhi Company to deposits should not be more than 1:20. 2. Nidhi Company should not accept deposits from or lend to any person, other than its members.

MCA amends format of Certificate of Incorporation

March 23, 2016 10111 Views 1 comment Print

Certificate of Incorporation-[Pursuant to sub-section (2) of section 7 of the Companies Act, 2013 and rules 8 of the Companies (Incorporation) Rules, 2014] I hereby certify that is incorporated on this(i.e. FIRST, SECOND etc.) day of two thousand under the Companies Act, 2013 and that the company is .

CRC to process e-Form number INC-29

March 23, 2016 2455 Views 0 comment Print

The jurisdiction, processing and approval of name or names proposed in e-Form number INC-29 hitherto exercised by the respective Registrar of companies having jurisdiction over incorporation of companies under the Companies Act, 2013 and the rules made thereunder shall forthwith be exercised by Registrar, CRC.

Companies amendment Bill 2016 & CA 2013-Part-2

March 21, 2016 14237 Views 0 comment Print

In this series, I am analyzing the proposed amendments with the existing provisions in the Companies Act, 2013. The Part – 2 of the series deals with amendments with respect to Annual return, Financial Statements, General Meetings, Postal ballot, CSR & Auditors.

A Brief on Private Placement Under Companies Act ,2013

March 21, 2016 5014 Views 2 comments Print

Private Placement under Section 42 of Companies Act, 2013 with Rule 14 of Companies Prospectus and Allotment of Securities Rules, 2014. 1. A Company can make Private Placement through issue of Private Placement offer letter (Form PAS-4 as attachment in Form GNL-2).

Revised Definitions under Companies (Amendment) Bill, 2016

March 20, 2016 26053 Views 1 comment Print

Comparative analysis of Definitions under Companies Act, 2013 and The Companies (Amendment) Bill, 2016. Corporate Affairs Minister Mr. Arun Jaitley on 17th March, 2016 introduced in the Lok Sabha The Companies (Amendment) Bill, 2016 to amend the Companies Act (i.e. the principal Act) in order to remove the difficulties faced by stakeholders.

Companies amendment Bill 2016 & CA 2013-Part-1

March 19, 2016 23155 Views 1 comment Print

The Companies (Amendment) Bill, 2016, among other things, seeks to relax the norms around managerial remuneration, ease the process for private placement of shares and remove provisions relating to forward dealing and insider trading from the existing Company Law.

MCA discontinues offline Payment i.e. Challan, NEFT, Pay Later

March 19, 2016 4945 Views 0 comment Print

In our continuous endeavor to serve you better, the Ministry of Corporate Affairs will launch a new MCA21 portal for Company users. The new portal is likely to be launched on 27th March 2016. To facilitate implementation of the new portal, the offline payment methods – Challan, NEFT, Pay Later – will be disabled for […]

Definitions under CA, 2013 & Companies Amendment Bill, 2016

March 18, 2016 11098 Views 0 comment Print

The CLC on the basis of the recommendation received from various sources, submitted its report to the Government to make amendments under the Companies Act, 2013. On March 16, 2016 the Bill to further amend the Companies Act, 2013 has been introduced in Lok Sabha. The key highlights of the Bill peraining to the Definitions under the Companies Act, 2013 are as follows:

Proposed Amendment in Provisions related to Loan to Directors

March 18, 2016 10324 Views 0 comment Print

Govt has proposed Changes in Section 185 and 186 vide Companies (Amendment) Bill, 2016 with following objects :- Companies (Amendment) Bill, 2016 seeks to amend section 185 of the Act to limit the prohibition on loans, advances, etc., to directors of the company or its holding company or any partner of such director or any […]

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