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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


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 1323 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 582 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 2190 Views 0 comment Print

Draft Board Resolution for Adoption of New set of MOA and AOA

Company Law : The board approved the adoption of a new Memorandum & Articles of Association in compliance with the Companies Act, 2013, subject ...

March 7, 2025 687 Views 1 comment Print

India Entry: Wholly Owned Subsidiary (WOS) Model

Company Law : Learn about Wholly Owned Subsidiary (WOS) model in India, its shareholder requirements, nominee shareholders and compliance obliga...

March 6, 2025 906 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 666 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 48 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 138 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 423 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 162 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 69 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 237 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 186 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 207 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 102 Views 0 comment Print


Latest Notifications


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 123 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 ...

March 7, 2025 315 Views 0 comment Print

CSR Penalty: RD Waives Director Fines, Reduces Company Penalty for Procedural Errors

Company Law : Regional Director modifies CSR penalty for Clairvoyant India, waiving fines for directors, and reducing company penalty due to pro...

March 6, 2025 294 Views 0 comment Print

Appeal Against Penalties for Late Annual Return Filing Rejected; RoC Mumbai’s Order Upheld

Company Law : Vatan Textiles Ltd.'s appeal against penalties for delayed annual return filing was rejected due to late submission. RoC Mumbai's ...

March 6, 2025 531 Views 0 comment Print

Time barred Appeal Against Penalties for Delayed Filing Rejected by Mumbai RD

Company Law : Vatan Textiles' appeal against penalties for delayed financial statement filing was rejected by the Regional Director, Mumbai, due...

March 6, 2025 159 Views 0 comment Print


Claim of minority to buy the shares of majority in a proceeding under section 397/398 of Companies Act, 1956?

October 25, 2010 1174 Views 0 comment Print

Settling or putting an end to the disputes among shareholders by the Company Law Board under section 397/398 of the Companies Act, 1956 is a complicated job. When where exist serious difference of opinion among the minority and majority shareholders in a Private Limited Company, it would really be difficult for the Company Law Board to put an end to the matters complained of or to regularize the affairs of the Company.

No policy to compulsion spend of 2 percent of profit towards CSR

October 22, 2010 327 Views 0 comment Print

India Inc may heave a sigh of relief with the corporate affairs ministry unlikely to make it compulsory for companies to spend 2 per cent of their net profits towards corporate social responsibility as recommended by the Parliamentary standing commit

Companies Bill 2009-Independent director’s short tenure a constraint in building a relationship of trust

October 20, 2010 405 Views 0 comment Print

The Companies Bill 2009 has dealt with independent directors quite extensively. The Standing Committee has spent significant time on issues relating to independent directors as evident from the report of the Committee. This shows the criticality of the effectiveness of independent directors in corporate governance.

Notification No. G.S.R. 848(E), dated 15-10-2010

October 15, 2010 600 Views 0 comment Print

It is also confirmed that the appointed director (s) whose particulars are given above, has given a declaration to the company that he/she has not been declared as proclaimed offender by any Economic Offence Court or Judicial Magistrate Court or High Court or any other Court.

Companies (Director Identification Number) Rules 2006, (Amendment), 2010

October 12, 2010 505 Views 0 comment Print

The principal rules were published tide number G.S.R. 649(E), dated the 19th October. 2006 and were last amended vide number (3.S.K. 765(E). dated 29th March, 7007.

In case of disagreement by minority, remedy lies u/s 397 & 398 and not in Civil Court

October 11, 2010 2060 Views 0 comment Print

Decision of a company has to rest on views of majority; in case of disagreement by the minority, remedy lies u/s 397 & 398 and not in Civil Court. When a case falls within four corners of section 397 and/or section 398, ordinary civil court’s jurisdiction would stand barred to deal with such a dispute

Creation of NCLT and NCAT with power & jurisdiction of High Court not unconstitutional

October 10, 2010 4578 Views 0 comment Print

These appeals arise from the order dated 30.3.2004 of the Madras High Court in WP No. 2198/2003 filed by the President of Madras Bar Association (MBA for short) challenging the constitutional validity of Chapters 1B and 1C of the Companies Act, 1956(`Act’ for short) inserted by Companies (Second Amendment) Act 2002 (`Amendment Act’ for short

Breach of contract would not constitute ingredients of a complaint under sections 397,398, 402 & 403 of Companies Act, 1956

October 10, 2010 2349 Views 0 comment Print

The Petitioners herein filed Company Petition No.69 of 2006 before the Additional Principal Bench of the Company Law Board at Chennai under Sections 397, 398, 402 and 403 of the Companies Act, 1956, alleging mismanagement and oppression by the majority shareholders of the first respondent Company. Various reliefs, including reconstitution of the Board

CII asks government to reconsider ‘Liability Clause’

October 7, 2010 372 Views 0 comment Print

Fearing that the government may soon make a company promoter liable for mistakes even though they are not actively a part of the board’s decision-making process, India Inc has asked the ministry of corporate affairs to reconsider the relevant proposa

Government may approach Supreme Court for permission to appoint RoC Chief

October 7, 2010 357 Views 0 comment Print

The Union ministry of corporate affairs is likely to approach the Supreme Court for permission to appoint a new central administrative head for offices of the registrar of companies (RoC) spread across the country. The move comes against the backdrop

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