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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


Common Errors to Avoid While Filing Spice+ Forms  

Company Law : The Spice+ (Simplified Proforma for Incorporating a Company Electronically) form, introduced using the Ministry of Corporate Affai...

November 27, 2024 288 Views 0 comment Print

Ongoing CSR Projects: Rules & Guidelines

Company Law : Learn about ongoing CSR projects, the rules, time limits, unspent CSR funds, and board responsibilities for effective corporate so...

November 27, 2024 930 Views 0 comment Print

Mandatory Demat of Shares of Section 8 Company and Form PAS 6

Company Law : Section 8 companies must dematerialize their shares by 30th September 2024 as per MCA's new amendment. Learn more about compliance...

November 27, 2024 4032 Views 0 comment Print

Mandatory Demat of Shares of Non-Small Private Company and PAS 6

Company Law : Explore the new MCA rules on Dematerialization of Securities for Private Limited Companies. Learn about compliance, implications f...

November 27, 2024 110100 Views 3 comments Print

Process of Company Incorporation under Companies Act 2013

Company Law : Learn the steps involved in the incorporation of a company under the Companies Act 2013, including document requirements and the r...

November 26, 2024 579 Views 0 comment Print


Latest News


Companies Registered Under Spice+ Form A and Section 8

Company Law : Details on companies registered under Spice+ Form A and Section 8 for FY 2021-25, including processing timelines and figures for n...

November 28, 2024 843 Views 0 comment Print

Action Against Defaulter Companies in India by MCA

Company Law : Over 1.39 lakh companies struck off for failing to file returns and audited statements in India, with 322 prosecutions initiated i...

November 28, 2024 4665 Views 0 comment Print

Government Actions on Shell Companies: Key Data and Developments

Company Law : Government details actions taken against shell companies, identifying 233,566 entities struck off across India in the last five ye...

November 28, 2024 429 Views 0 comment Print

CSR Fund Utilization in India: 2020-23 Overview

Company Law : Learn about CSR fund utilization by Indian companies, key activities, and steps for ensuring compliance under the Companies Act, 2...

November 28, 2024 390 Views 0 comment Print

Status of Centre for Processing Accelerated Corporate Exit (C-PACE)

Company Law : Update on C-PACE for fast-tracking corporate exit and measures taken to improve ease of compliance and ease of doing business in I...

November 28, 2024 285 Views 0 comment Print


Latest Judiciary


Resolution Professional not allowed to pay pre-CIRP dues outside resolution framework: NCLAT Delhi

Company Law : The Appellant had filed appeal seeking direction against the Secretary, Ministry of Coal-Respondent No.1 and Coal Controller-Respo...

November 25, 2024 300 Views 0 comment Print

Director Limit Violation: MCA imposes Rs. 2 Lakh Penalty

Company Law : Penalty imposed on Sh. Laxit Awla under Section 165 of Companies Act, 2013, for exceeding directorship limits. Details on violatio...

November 24, 2024 780 Views 0 comment Print

Development Rights were covered under definition of “Property” u/s 3(27) of IBC

Company Law : The owners entered into a Development Agreement with New India City Developers Private Limited ( Developer ) to develop a group ho...

November 20, 2024 393 Views 0 comment Print

No withdrawal of approved resolution plan unless the breach of sec. 30(2) of IBC

Company Law : The law was well settled that the Resolution Plan which was approved by the CoC could not be allowed to be withdrawn and any claus...

November 19, 2024 207 Views 0 comment Print

Dissenting Financial Creditor was only entitled to Liquidation Value of Secured Interest u/s 30(2)(b) of IBC

Company Law : Appellant had submitted that it was a secured financial creditor of the Corporate Debtor. Appellant’s financial debt was secured...

November 19, 2024 156 Views 0 comment Print


Latest Notifications


Penalty Imposed on Ingeteam India Pvt Ltd for CSR Violation

Company Law : Ingeteam India Pvt Ltd faces penalty for failing to comply with CSR obligations under Section 135 of the Companies Act, 2013....

November 27, 2024 225 Views 0 comment Print

Online Applications Invited for 3 Judicial and 3 Technical Member Posts in NCLT

Company Law : Online applications are invited for 6 posts in NCLT (3 Judicial & 3 Technical Members) with eligibility and detailed instructions ...

November 26, 2024 249 Views 0 comment Print

Director Limit Violation: Penalty Imposed for Section 165 Violation

Company Law : Adjudication order issued to Jasbir Singh for violating Section 165 of Companies Act, 2013. Penalty of ₹2,00,000 imposed by ROC ...

November 24, 2024 3474 Views 0 comment Print

Non inclusion of DIN in financial Statements: MCA imposes Rs. 8 Lakh Penalty

Company Law : Adjudication order under Companies Act, 2013 for M/s Aasvas Nidhi Ltd for non-compliance with Section 158. Penalty imposed on comp...

November 24, 2024 1662 Views 0 comment Print

MCA Imposes ₹4 Lakh Penalty for Incorrect Board Meeting Date in Report

Company Law : Adjudication order imposing penalties for non-compliance with Section 134(3)(b) of the Companies Act, 2013. Total penalty: ₹4,00...

November 24, 2024 12168 Views 0 comment Print


Omission of DIN in company’s financial statements: MCA imposes ₹5 lakh Penalty

August 22, 2024 321 Views 0 comment Print

Unique Bharati Publication faces penalties totaling ₹4 lakh for failing to include Directors’ Identification Numbers in financial statements for FY 2014-16.

Delay in Filing SBO Details in Form BEN-2: MCA Imposes Penalty

August 22, 2024 423 Views 0 comment Print

Pioneer Adhesives Pvt. Ltd. faces penalties for failing to file significant beneficial owner details under Section 90 of the Companies Act, 2013.

MCA Imposes penalty for Reappointing Whole-Time Director Without Central Government Approval

August 21, 2024 627 Views 0 comment Print

The Registrar of Companies imposes penalties on SML Isuzu and its officers for violating Section 196 of the Companies Act, 2013, concerning the reappointment of a director.

CSR Violation: Delay in transferring unspent CSR funds – MCA imposes penalty

August 21, 2024 663 Views 0 comment Print

Clairvoyant India Pvt Ltd faces penalties for CSR violations under Section 135 of the Companies Act, 2013, due to non-compliance with CSR spending and committee requirements.

Guide to Forfeiture of Shares

August 20, 2024 1506 Views 0 comment Print

Share forfeiture can be defined as the process of a cancelling the shares allotted to the defaulting investors by the company. The shares thus cancelled, which were earlier allotted, are termed as forfeited shares. This means the company cancels or takes away the shares that the person owns.

NFRA imposes monetary penalty of Rs. 10 crores on BSR & Associates LLP

August 19, 2024 14661 Views 0 comment Print

NFRA penalizes BSR & Associates LLP ₹10 crores for audit lapses in Coffee Day Enterprises audit. Partners face fines and debarment.

Incorporation Process for Private Limited Company

August 18, 2024 1416 Views 2 comments Print

Learn the step-by-step process to incorporate a Private Limited Company in India, from DSC and MCA ID to name reservation and post-incorporation compliance.

Avoidance application timelines under IBC Regulation 35A is not mandatory: Delhi HC

August 17, 2024 1389 Views 0 comment Print

Delhi High Court held that timelines under Regulation 35A of the CIRP Regulations, 2016 for filing avoidance application are directory and not mandatory in nature.

MCA imposes penalty for non-filing of Annual Returns & Financial Statements

August 16, 2024 246 Views 0 comment Print

Easy Funds Finance Pvt Ltd and directors penalized for failing to file Annual Returns and Financial Statements. Total penalties amount to ₹2,49,100.

Payment of Remuneration to director in violation of Section 197: MCA imposes ₹6 lakh Penalty

August 16, 2024 639 Views 0 comment Print

Zuari Agro Chemicals faces a ₹6 lakh penalty for violating Section 197 of Companies Act, 2013, by paying excess remuneration to its Managing Director without required approvals.

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