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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


Loans & Investments Compliance under Section 186 of Companies Act, 2013

Company Law : Understand Section 186 of the Companies Act, 2013, covering company loans, investments, and compliance requirements, including boa...

August 16, 2024 147 Views 0 comment Print

Company Director Compliance Duties Under Companies Act, 2013

Company Law : Key compliance duties for company directors under the Companies Act, 2013, including disclosures, declarations, KYC, and meeting a...

August 16, 2024 732 Views 0 comment Print

Conversion of Limited Liability Partnership into Private/Public Company

Company Law : Learn the process and benefits of converting a Limited Liability Partnership (LLP) into a Private/Public Company under the Compani...

August 16, 2024 309 Views 0 comment Print

Rights Issue of Shares under Companies Act 2013: Procedures & Key Points

Company Law : Learn about the rights issue of shares under Companies Act 2013. Explore the process, key points, and steps for issuing shares to ...

August 15, 2024 429 Views 0 comment Print

Income Tax impact on buy back of shares due to changes in Finance Bill, 2024

Company Law : Tax implications of the Finance Bill 2024 on share buybacks. Key changes, examples, and their impact on shareholders' tax liabilit...

August 13, 2024 1767 Views 2 comments Print


Latest News


Foreign Company Closures and Job Losses in India

Company Law : Overview of foreign company closures, active subsidiaries, job losses in the auto industry, and investment data from 2014 to 2024....

August 6, 2024 201 Views 0 comment Print

Pendency in NCLT & NCLAT: Latest Data & Government Measures

Company Law : Explore the current status of pending cases in NCLT and NCLAT as of August 2024, reasons for delays, and the government's strategi...

August 6, 2024 147 Views 0 comment Print

Implementation and Status of MCA21 e-Governance Programme

Company Law : Explore the latest status of the MCA21 e-Governance program, Certified Filing Centres in Haryana, impact on corporate filings, and...

August 6, 2024 270 Views 0 comment Print

Measures to enhance corporate governance & CSR practices

Company Law : Govt. of India's recent measures to enhance corporate governance, prevent fraud, and ensure effective CSR practices. Insights on r...

August 6, 2024 177 Views 0 comment Print

Simplified Company Exit: C-PACE Cuts Processing Time

Company Law : Discover how C-PACE accelerates the company exit process from 2 years to under 90 days, streamlining operations and reducing backl...

August 6, 2024 294 Views 0 comment Print


Latest Judiciary


NCLAT Affirms Adjudicating Authority’s Power to Determine Fees & Expenses of RP

Company Law : NCLAT Delhi upholds the jurisdiction of the Adjudicating Authority to determine fees and expenses of the Resolution Professional i...

August 14, 2024 174 Views 0 comment Print

Resolution professional not personally liable for payment made with approval of CoC: NCLAT Delhi

Company Law : NCLAT Delhi held that personal liability cannot be fastened on Resolution Professional for any payment made after CIRP, where such...

July 30, 2024 132 Views 0 comment Print

Lending institutions financing home purchases cannot be classified as financial creditors under IBC

Company Law : It is not the scope & objective of IBC to include Banks Financial Institutions who advanced loans to Home Buyers to be considered ...

July 20, 2024 300 Views 0 comment Print

U.S. Bankruptcy Court Moratorium Order Not Automatically Enforceable in India

Company Law : Explore the Calcutta High Court's decision in Uphealth Holdings, INC. Vs Dr. Syed Sabahat Azim & Ors. regarding the applicability ...

July 14, 2024 573 Views 0 comment Print

NCLT Grants Zee’s Request to Withdraw Merger Implementation Application

Company Law : Read the full NCLT judgment where Zee Entertainment Enterprises Limited sought to withdraw its merger with Sony Groups, impacting ...

July 10, 2024 204 Views 0 comment Print


Latest Notifications


Delay in filing of e-Form MGT-6: MCA imposes Penalty of ₹13 Lakh

Company Law : RGPL Commodities Pvt Ltd faces penalties under Section 89(6) of the Companies Act, 2013 for delayed filing of e-Form MGT-6. Total ...

August 16, 2024 18 Views 0 comment Print

520 days delay in filing BEN-2 form: MCA imposes Penalty

Company Law : GM Elektra Pvt Ltd fined ₹1,88,500 by ROC Mumbai for delayed filing of BEN-2 under Section 90 of the Companies Act, 2013. Direct...

August 16, 2024 15 Views 0 comment Print

Company Caried on business not mentioned in MOA: MCA imposes Penalty

Company Law : Registrar of Companies penalizes Paramount Dye Tec Limited for not disclosing trading activity in its MOA, violating Section 4(1)(...

August 16, 2024 12 Views 0 comment Print

Non-passing of Special Resolution before raising loan: MCA Imposes Penalty

Company Law : Penalty imposed on Singodwala Warehousing for non-compliance with Section 62(3) of Companies Act. Fine details and appeal process ...

August 16, 2024 15 Views 0 comment Print

Significant Beneficial Owner Rules Violation: MCA imposes Penalty

Company Law : MBL Infrastructure Ltd. faces scrutiny under Section 90 of the Companies Act for non-compliance. Details on adjudicating officer's...

August 16, 2024 21 Views 0 comment Print


Roles and responsibilities of directors under Companies Act 2013 in India

May 20, 2023 29622 Views 0 comment Print

Explore the roles and responsibilities of directors under the Companies Act 2013 in India. Understand their legal obligations, including duty of good faith, compliance, and more.

Detailed explanation of audit documentation for a Private Limited Company in India

May 20, 2023 3747 Views 0 comment Print

The engagement letter is a formal document that outlines the terms of engagement between the auditor and the company. It includes details such as the audit objectives, scope, responsibilities, and fees. An example of an engagement letter would be a document signed by the auditor and the company’s management, clearly stating the terms of the audit engagement.

Explanation of Director Disqualification under Companies Act 2013 in India

May 20, 2023 3177 Views 0 comment Print

Understand the intricacies of director disqualification in India under the Companies Act 2013. Learn about grounds, proceedings, consequences, and the process to remove disqualification.

Establishing a Subsidiary of a Private Company in India: Comprehensive Guide

May 20, 2023 5766 Views 0 comment Print

Article explore process of forming a subsidiary of a private company in India, with a focus on Companies Act, 2013, and Income Tax Act, 1961, considering revisions & amendments

Choose a Private Limited Company if you want to raise capital

May 20, 2023 2256 Views 0 comment Print

Discover why choosing a Private Limited Company is a preferred option for raising funds in a startup business. Learn about equity issuance, investor attraction, employee stock options (ESOPs), perpetual existence, legal protection, and corporate governance. Compare examples of fundraising scenarios between a Private Limited Company and a Limited Liability Partnership (LLP) to understand the advantages and considerations for each structure.

DIN of director not mentioned in ADT-1 for Auditor appointment- Penalty Imposed

May 19, 2023 7788 Views 0 comment Print

Penalty imposed by Registrar of Companies, on Kosamattam Nidhi Limited for the omission of Director’s DIN in their ADT-1 form.

ROC Imposed penalty for Non filing of e-form MGT-14 for Reappointment of Managing Director

May 19, 2023 5622 Views 0 comment Print

The Registrar of Companies (ROC), Gujrat, Dadra and Nagar Haveli has recently imposed penalties on a company, including its officer in default for the violation of Section 117 of the Companies Act, 2013. The Company failed to file the required e-form MGT-14 along with the Board Resolution within the stipulated time frame of 30 days […]

NFAR penalises and debarred Auditor for Major Lapses in Audit of SSWL

May 19, 2023 1536 Views 0 comment Print

The lapses in Audit identified in this Order relate to the EP’s failure in determining whether the accounting policy of the company conformed to the required standards, failure in applying sufficient audit procedure as per Standards on Auditing (‘SAs’ hereafter), failure to question the management represenations with professional skepticism, and failure in identifying and reporting material mistatements in the financial statements.

MCA imposed Penalty for Omitting Director DIN in e-form ADT-1 Attachments

May 19, 2023 2976 Views 0 comment Print

Ministry of Corporate Affairs penalized Kosamattam Nidhi Limited for not mentioning DIN of directors in documents attached with e-form ADT-1

Detailed guide on Changing the Name of a Company

May 19, 2023 4332 Views 0 comment Print

Navigate the process of changing the name of a company with this detailed guide. Understand the steps, documents, and timelines involved for a seamless transition.

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