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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 1308 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 489 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 45 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 93 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 300 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 126 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 234 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 120 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 312 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 291 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


MCA may soon release e-form for companies to submit Corporate Social Responsibility report

March 12, 2010 655 Views 0 comment Print

The Ministry of Corporate Affairs had released voluntary guidelines on Corporate Social Responsibility (CSR) during the ‘India Corporate Week’ organized in December last year. A number of corporates have stated that they would like to have an effective framework for reporting their responsible business practices. Keeping in view this feedback from the Corporate Sector, Shri R. Bandyopadhyay, Secretary, Ministry of Corporate Affairs, stated here today that the Ministry is in the process of designing an e-form under MCA-21 which will enable the corporates to file their CSR report on the portal of the Ministry.

Government may harmonise corporate governance norms with new Companies Act

March 12, 2010 555 Views 0 comment Print

The government today said it will try to harmonise the voluntary corporate governance norms with the new Companies Act and is open to make the existing guidelines more effective.

No proposal for any upper cap on the number of independent directors: Union Government

March 11, 2010 399 Views 0 comment Print

The Companies Bill, 2009 has not proposed any upper cap on the number of independent directors, but, sub-clause (3) of clause 132 of the Companies Bill, 2009 provides that at least one-third of total directors shall be independent directors to be appointed in every listed company having certain amount of paid up capital to be prescribed by the Central Government.

Government set up monitoring Committee for vanishing companies

March 8, 2010 735 Views 0 comment Print

The Government has informed Lok Sabha that a Coordination and Monitoring Committee (CMC), co- chaired by Secretary, Ministry of Corporate Affairs and Chairman, Securities and Exchange Board of India (SEBI) has been set up to look into issues relating to companies that had come out with public issues and vanished and to monitor the progress of action taken against such vanishing companies and their promoters. Specific criteria have been adopted by CMC for identification of such vanishing companies.

Share Transfers – Allegations of Forgery, Fraud Etc. – The Remedy – Indian Company Law?

March 8, 2010 18865 Views 9 comments Print

Share transfers: We all know the settled law that the Private Company can have restrictions in its Articles restricting the right of its shareholders in transferring the shares. There can not be any such restriction in the articles of Public Companies as it is expressly prohibited under law. The Private Company can refuse to register the transfer or transmission of shares on certain grounds and the scope of refusal of registration of transfer or acceptance of transfer are very limited in Public Companies as everybody knows.

Is Arbitration better suited to get corporate disputes resolved?

March 6, 2010 922 Views 0 comment Print

Unless there is an express bar under law and when there is an arbitration agreement either express or implied, a dispute between or among the parties can be referred to an Arbitrator or panel of Arbitrators as specifically agreed to. As everybody knows, Alternative Dispute Resolution Mechanism is mooted to reduce the burden in traditional courts and for providing a speedy relief to the parties. Arbitration and Conciliation Act, 1940 was repealed and Arbitration and Conciliation Act, 1996 was enacted with certain changes and improvements.

Now you have to Pay for rectification of mistakes in Form No. 1, 1A and 44 filed with ROC

March 5, 2010 505 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 642 read with sub-section (1) of 610B of the Companies Act, 1956, the Central Government hereby makes the Companies (Central Government’s) General Rules and Forms (Second Amendment), 2010 notifying the new form no. 68.

Company Liquidation – Winding-Up – Preferential Payments- Official Liquidator – Indian Company Law

March 5, 2010 13781 Views 9 comments Print

Winding-up – a brief: The Companies Act, 1956 contain elaborate provisions as to when a Company is to be wound-up, the procedure for initiating winding-up proceedings, the role of the managerial personal if the company is wound-up by the Company Court and the liquidation process to be conducted by the Official Liquidator appointed by the Company Court.

Company Law Board – Procedures – Inevitable delay – Indian company law

March 3, 2010 597 Views 0 comment Print

I need not reiterate the fact that Company Law is complicated everywhere in view of its exposure, the interest of the stake holders, plethora of regulations, the stakes and the responsibility of the state or the statutory authorities. As everybody knows, in India, the jurisdiction to decide company disputes substantially rests with the Company Court and the Company Law Board.

Procedure for Mergers and Amalgamations under the Companies Act, 1956

March 1, 2010 66650 Views 9 comments Print

The terms merger and amalgamation have not been defined in the Companies Act, 1956 (hereinafter referred to as the Act) though this voluminous piece of legislation contains 69 definitions in Section 2. The concept paper recently issued by the Ministry of Company Affairs, the fate of which is still unknown, contained 100 such definitions but still stopped short of defining merger or amalgamation. The terms merger and amalgamation are synonyms and the term ‘amalgamation’, as per Concise Oxford Dictionary, Tenth Edition, means, ‘to combine or unite to form one organization or structure’.

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