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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


Mergers and Acquisitions will soon get cleared in 180 days

July 8, 2010 1065 Views 0 comment Print

India Inc has reason to cheer with the Ministry of Corporate Affairs making it mandatory for the competition regulator, the Competition Commission of India, to clear M&A (mergers and acquisitions) proposals in just 180 days compared with 210 days specified earlier.

New Companies Bill likely to be in winter session: Corporate affairs secretary

July 4, 2010 408 Views 0 comment Print

The new companies Bill, pending approval of the Parliamentary standing committee, is expected to be tabled in Parliament by this year-end, corporate affairs secretary R Bandyopadhyay said here today. “The committee will submit its report soon. The corporate affairs ministry will take some time (two-three months to study it) and we are hopeful that we will have a new Act by the year-end,” Bandyopadhyay told reporters on the sidelines of an event here.

Legal Reforms–What Law Ministry Should Do With Immediate Effect?

July 1, 2010 483 Views 0 comment Print

I am very happy to listen to Smt. Sonia Gandhi and Shri Manmohan Singh expressing their intention to correct our legal system and to restore the public perception of legal profession and the role of Judiciary in India. It is a fact that India can never be able to claim that it is developed unless we are able establish a reliable legal system in India.

Striking off a Company is Now Not a Lengthy Process

July 1, 2010 5040 Views 0 comment Print

As and when any person goes for starting any business, a question arise in his mind what form of business is to start i.e. whether sole proprietor ship, partnership or a company. Those who want to save themselves from legal obligations of the ROC, MCA or CLB opt for either sole proprietorship or partnership.

Company Law Settlement Scheme, 2010 for defaulting companies

July 1, 2010 1257 Views 0 comment Print

The objective of CLSS is to give an opportunity to defaulting companies to enable them to make their default good by filing belated documents and to become a regular compliant in future. CLSS would condone the delay in filing documents with the Registrar of Companies (ROC), grant immunity from prosecution by levying additional fee of 25% of actual additional fee payable for filing belated documents under the Act and the rules made there under.

Easy Exit Scheme, 2010 for “defunct companies” under Companies Act, 1956

July 1, 2010 748 Views 0 comment Print

Ministry of Corporate Affairs (MCA), Government of India has on 26 May 2010 introduced Easy Exit Scheme, 2010 (EES) under the Companies Act, 1956 (the Act) to provide a fast track exit for “defunct companies” to get their names struck off from the records of the Register of Companies (ROC). The salient features of the scheme are as under:

Role of Books of Account While Dealing With Mismanagement U/s. 397 of Companies Act, 1956?

June 30, 2010 888 Views 0 comment Print

The provisions of Companies Act, 1956 makes it very clear that every company should maintain proper books of accounts and should record all the transactions of the Company pertaining to sales, purchases, expenses, receipts, liabilities and Assets. Not only recording the transactions, every Company is also supposed to maintain the documentary proof in support of the transactions as per law.

Will Every Act of Mis-Management Give A Right to Seek Relief U/s. 397/398 of Companies Act, 1956?

June 28, 2010 829 Views 0 comment Print

It is true that the Board of directors in a Company is supposed to act in the best interest of the Company as they are answerable to the Share-holders and submits a report in the Annual General Body Meeting (AGM). In every Company, normally, the majority in the Board consists of the representatives of the majority shareholders though it is a best corporate practice to give proportionate representation to the minority and also to have some independent and expert directors on the Board.

Guidelines for deciding cases for availability of names for formation of Companies under Companies Act, 1956

June 28, 2010 1804 Views 0 comment Print

Guiding instructions for availability of names:-The procedure for scrutinizing the availability of names of new companies has recently been re-examined carefully in this Department, having taken into account the difficulties experienced by some Registrars in the following the instruction given to them vide Department’s Letter No 10/(19)-RS/61, dated 15-03-1962.

Role of independent directors will be clarified in new Companies Bill

June 28, 2010 366 Views 0 comment Print

The role of independent directors (IDs) on the board of Indian companies will be clarified in the new Companies Bill and their responsibilities will be made finite in terms of what they are answerable for, said Union Corporate Affairs Minister Salman Khurshid.

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