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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 342 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 3738 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 678 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 1065 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 846 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 2352 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 9168 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 648 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 11394 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 96 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 267 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 165 Views 0 comment Print


Latest Notifications


Penalty for Non-Compliance with Private Placement Laws

Company Law : M/s. Galaxeye Space Solutions faces penalties for violating Section 42 of the Companies Act on private placement non-compliance....

November 13, 2024 9 Views 0 comment Print

Penalty Imposed for not mentioning DIN in Form AOC-4

Company Law : The ROC Kerala imposed penalties on Saint Philomenas Nidhi Ltd for violating the Companies Act provisions related to Director Iden...

November 13, 2024 12 Views 0 comment Print

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 348 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 300 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 930 Views 0 comment Print


Default in Nomination & Remuneration Committee Constitution: MCA Imposes Penalty

August 13, 2024 150 Views 0 comment Print

MCA imposes penalty on Uma Polymers Ltd. and its directors for failing to comply with Nomination and Remuneration Committee requirements under the Companies Act.

Significant Beneficial Owner Rules Violation: MCA imposes Penalty

August 13, 2024 249 Views 0 comment Print

MBL Infrastructure Ltd. faces scrutiny under Section 90 of the Companies Act for non-compliance. Details on adjudicating officer’s findings and company’s responses.

Non-filing of e-form INC-22 within prescribed time: MCA imposes Penalty

August 13, 2024 174 Views 0 comment Print

Nalam Mahalir Nidhi Ltd. fined ₹4 lakh for failing to file e-form INC-22. Penalty details and appeal process outlined by Coimbatore ROC.

Penalty Imposed for Non-Compliance with Section 12 of Companies Act

August 13, 2024 333 Views 0 comment Print

NALAM MAHALIR NIDHI LIMITED fined for violating Section 12 of the Companies Act, 2013. Total penalty of ₹4,00,000 imposed on the company and its directors.

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

August 13, 2024 2265 Views 2 comments Print

Tax implications of the Finance Bill 2024 on share buybacks. Key changes, examples, and their impact on shareholders’ tax liabilities.

Companies (Indian Accounting Standards) Amendment Rules, 2024

August 12, 2024 2034 Views 0 comment Print

MCA revises Indian Accounting Standards, updating Ind AS 101, 103, 105, and 107, and omitting Ind AS 104 as per Notification G.S.R. 492(E) on August 12, 2024.

Companies (Registration of Foreign Companies) Amendment Rules, 2024

August 12, 2024 771 Views 0 comment Print

Learn about the Companies (Registration of Foreign Companies) Amendment Rules, 2024, including updates to Rule 3 & Rule 8, effective from September 9, 2024.

Statutory Registers Under Companies Act 2013

August 11, 2024 171827 Views 28 comments Print

Comprehensive guide on maintaining statutory registers under the Companies Act, 2013. Essential for corporate compliance, covering MOA, AOA, share certificates, and more.

Guideline on Drafting of Directors Report / Checklist of Directors Report

August 10, 2024 14439 Views 1 comment Print

Summary: The Directors’ Report is a crucial document required by the Companies Act, 2013, which mandates that every company’s Board of Directors attach their report to the financial statements presented at the annual general meeting. The report must include various disclosures, as stipulated by the Act, and in the case of listed companies, additional requirements […]

Everything About Directors Report under Companies Act, 2013

August 10, 2024 188822 Views 4 comments Print

Summary: The Director’s Report is a crucial document that must be attached to the financial statements sent to shareholders. Under the Companies Act, 2013, the report must be based on standalone financial statements and signed by the Chairperson or, if not authorized, by at least two directors, one being a Managing Director. It includes mandatory […]

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