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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


Comprehensive Guide to Fast Track Merger Under Section 233 of Companies Act 2013

Company Law : Learn the step-by-step process for a fast track merger under Section 233 of the Companies Act, 2013, including eligibility, forms,...

November 12, 2024 48 Views 0 comment Print

Non-Executive Director Remuneration: What Shareholders Should Know

Company Law : Explore governance concerns on non-executive director pay, including skewed compensation, lack of caps, and transparency issues fo...

November 11, 2024 3573 Views 0 comment Print

From Dormancy to Dominance: Analysis of Section 245 of Companies Act

Company Law : Explore impact of Section 245 of Companies Act on class action suits in India, analyzing recent cases, legal frameworks, and rise ...

November 9, 2024 672 Views 0 comment Print

Memorandum of Association (MOA): Foundation of Corporate Identity & Legal Structure

Company Law : Explore the Memorandum of Association (MoA), its clauses, and its role in defining a company's identity and structure under the Co...

November 6, 2024 1062 Views 0 comment Print

Issue & Conversion of Compulsory Convertible Preference Shares into Equity Shares

Company Law : Learn about the issuance and conversion process of Compulsory Convertible Preference Shares under the Companies Act 2013, includin...

October 31, 2024 816 Views 0 comment Print


Latest News


ICSI Request for Relief from penalties on Dematerialisation Issues

Company Law : ICSI highlights challenges in dematerialisation for private companies and seeks relief from penalties due to processing delays and...

October 30, 2024 2346 Views 0 comment Print

ICSI Request for Company Law & LLP Law Settlement Scheme 2024

Company Law : ICSI requests MCA for Company Law and LLP Law Settlement Scheme 2024 to address filing challenges and avoid penalties for companie...

October 30, 2024 9162 Views 0 comment Print

CBI Arrests Assistant Registrar of Companies for Accepting ₹3 Lakh Bribe

Company Law : The CBI has arrested an Assistant Registrar of Companies in Pune for demanding and accepting a ₹3 lakh bribe from a Mumbai compa...

October 24, 2024 645 Views 0 comment Print

Extension Request for DEMAT Requirement by Private Companies

Company Law : ICSI seeks an extension for private companies to comply with new DEMAT rules, citing concerns over costs, delays, and regulatory c...

September 9, 2024 11382 Views 0 comment Print

ICSI December 2024 Exam Enrollment & Important Dates

Company Law : Important dates for ICSI December 2024 exams, including enrollment, fee deadlines, and exemption criteria. Ensure compliance to av...

August 26, 2024 441 Views 0 comment Print


Latest Judiciary


Corporate Debtor dissolution u/s 54 of IBC could be sought after complete Liquidation

Company Law : The CoC resolved not to initiate liquidation process and decided to file an application for dissolution of the CD. In pursuance of...

November 12, 2024 54 Views 0 comment Print

NCLAT Permits Ex-Promoter of NCS Sugars, to Bid as Resolution Applicant

Company Law : Appeal filed by Meir Commodities challenging NCLT Hyderabad order allowing Narayanam Nageswara Rao to participate as a Resolution ...

November 4, 2024 264 Views 0 comment Print

Attempts to exploit insolvency framework to evade legitimate claims: NCLAT imposes Cost

Company Law : Neon Laboratories Ltd Vs Mayank Shah & Anr. (NCLAT Delhi) In a recent judgment, the National Company Law Appellate Tribunal (N...

November 1, 2024 267 Views 0 comment Print

Action u/s. 121 of I&B Code by creditor justified on failure to make payment as per repayment plan

Company Law : NCLAT Chennai held that failure to make payment as per repayment plan grants liberty to the creditor to initiate action under sect...

October 29, 2024 180 Views 0 comment Print

No tax claims should be accepted by RP after lapse of extended period of 90 days of Insolvency commencement date

Company Law : During the moratorium, tax assessment proceedings were initiated by CIT (appellant) against the corporate debtor. An order for the...

October 29, 2024 159 Views 0 comment Print


Latest Notifications


Penalty Imposed by MCA for Gap Exceeding 120 Days Between Board Meetings

Company Law : Ispat Sheets Limited fined for non-compliance with Companies Act provisions on Board meetings. Total penalty imposed: ₹40,000....

November 4, 2024 345 Views 0 comment Print

Non-compliance in filing Form PAS-6: MCA imposes Rs. 3.5 Penalty

Company Law : Ispat Sheets Limited penalized for failing to file Form PAS-6. The penalty includes fines for the company and its directors as per...

November 4, 2024 294 Views 0 comment Print

MCA Imposes ₹21.35 Lakh Penalty for Failing to Maintain Meeting Minutes

Company Law : Trouw Nutrition India faces penalties for failing to maintain board meeting minutes as required under the Companies Act, 2013....

October 22, 2024 924 Views 0 comment Print

Companies Act Section 197 Violation: RD Upholds ₹16 Lakh Penalty

Company Law : The appeal against the penalty under the Companies Act for Seva Parmodharmah Samajik Nidhi Limited was dismissed, confirming ₹16...

October 22, 2024 357 Views 0 comment Print

Disclaimer of Opinion not exempts auditors from statutory obligations: NFRA

Company Law : CA Chirag Doshi faces a ₹5 lakh penalty for professional misconduct in the statutory audit of Ushdev International Limited for F...

October 21, 2024 6309 Views 0 comment Print


IEPFA (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2024

September 9, 2024 2781 Views 0 comment Print

The Ministry of Corporate Affairs has updated the IEPF rules to simplify the process for investors to claim lost or unclaimed securities. The amendments include changes to documentation requirements and claim thresholds.

Companies (Indian Accounting Standards) Second Amendment Rules, 2024

September 9, 2024 4941 Views 0 comment Print

The Ministry of Corporate Affairs amends Companies (Ind AS) Rules, introducing new leaseback regulations. Effective from 9th September 2024. Learn the key updates here.

NFRA Penalizes CA for failure to meet requirements of Standards on Auditing

September 9, 2024 9045 Views 0 comment Print

NFRA penalizes CA Santosh Deshmukh ₹5L & 1-year debarment for audit lapses in Sanwaria Consumer Ltd’s FY 2017-18 audit. Key audit failures include inventory valuation.

Failure to provide complete details in return of allotment: MCA imposes Penalty

September 9, 2024 225 Views 0 comment Print

DPC Social Benefits Nidhi Limited faces a penalty of ₹20,000 for non-compliance with Rule 14(6) under the Companies Act, 2013, as adjudicated by ROC Uttarakhand.

MCA imposes Penalty for delayed filing of Form PAS-3

September 9, 2024 258 Views 0 comment Print

DPC Social Benefits Nidhi Limited fined Rs. 1,00,000 for late filing of Form PAS-3 under Section 39(4) of the Companies Act, 2013.

Procedure For Reduction of Share Capital

September 9, 2024 1269 Views 0 comment Print

Learn the step-by-step procedure for reducing share capital under the Companies Act, including NCLT approval, board resolutions, and compliance requirements.

Bonus Issue of Preference Shares: Is It Possible?

September 9, 2024 1530 Views 0 comment Print

Explore whether a company can issue preference shares as bonus shares, with legal insights and recent precedents from TVS Motor and Sun Pharmaceuticals.

Section 232 of Companies Act, 2013 (Merger and Amalgamation)

September 9, 2024 735 Views 0 comment Print

Explore the legal framework under Section 232 of the Companies Act, 2013 governing mergers and amalgamations in India. Learn the key steps, provisions, and safeguards ensuring smooth corporate transitions.

Essence of Drafting Resolutions under Companies Act, 2013

September 7, 2024 1305 Views 1 comment Print

Learn key aspects of drafting corporate resolutions under the Companies Act, 2013, ensuring legal compliance and effective decision-making for smooth governance.

Extension Of Annual General Meeting (AGM) 2024

September 7, 2024 6891 Views 0 comment Print

Learn how to apply for an AGM extension in 2024 under the Companies Act, including application steps, reasons for extension, and penalties for non-compliance.

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