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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 45 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 3561 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 666 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 1062 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 816 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 2346 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 9162 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 645 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 11382 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 51 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 264 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 159 Views 0 comment Print


Latest Notifications


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 345 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 294 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 924 Views 0 comment Print

Companies Act Section 197 Violation: RD Upholds ₹16 Lakh Penalty

Company Law : The appeal against the penalty under the Companies Act for Seva Parmodharmah Samajik Nidhi Limited was dismissed, confirming ₹16...

October 22, 2024 357 Views 0 comment Print

Disclaimer of Opinion not exempts auditors from statutory obligations: NFRA

Company Law : CA Chirag Doshi faces a ₹5 lakh penalty for professional misconduct in the statutory audit of Ushdev International Limited for F...

October 21, 2024 6309 Views 0 comment Print


Process of Conversion of OPC Into Public Limited Company

August 10, 2024 222 Views 0 comment Print

Learn how to convert an OPC into a public limited company with our comprehensive guide, including steps, approvals, and documentation required.

Corporate Social Responsibility (CSR)- Complete Guide

August 10, 2024 2574 Views 0 comment Print

APPLICABILITY OF CSR – Section 135 of Companies Act, 2013 1. Every company having net worth of rupees five hundred crore or more, or turnover of rupees one thousand crore or more or a net profit of rupees five crore or more during any financial year shall constitute a Corporate Social Responsibility Committee of the […]

Penalty Set Aside as RoC Did Not Consider Immunity under CFSS-2020

August 9, 2024 276 Views 0 comment Print

Calcutta HC sets aside penalty for Jeet Machine Tools Ltd. under CFSS-2020 immunity, dismissing the appeal against the ROC Mumbai order.

Share Application Money use before allotment, No Separate Bank Account: MCA Imposes ₹1.71 Crore Penalty

August 8, 2024 681 Views 0 comment Print

Quadrant Future Tek Ltd faces penalties for violating Section 42(5) of the Companies Act, 2013. Non-compliance with procedural requirements leads to fines.

One-Day Delay in Opening Separate Account for Share Application Money: MCA Imposes ₹31 Lakh Penalty

August 8, 2024 2619 Views 0 comment Print

The Registrar of Companies penalizes V.L. Infraprojects for violating Sections 42 and 62 of the Companies Act by failing to maintain separate share application funds.

MCA Imposes Penalty for Delay in Depositing Dividend in Separate Bank Account

August 8, 2024 834 Views 0 comment Print

Multi Commodity Exchange fined Rs. 11,000 for a one-day delay in depositing dividend. Total penalty for company and officials: Rs. 44,000.

MCA Imposes ₹29 Lakh Penalty for Not Opening Separate Bank Account for Share Application Money

August 8, 2024 198 Views 0 comment Print

Registrar of Companies Gujarat imposes penalty on V.L. Infraprojects Ltd. for violating Section 42 of the Companies Act, 2013 by failing to open a separate bank account.

Landmark or Just Canonical? A Disquisition on Soloman Vs. Soloman

August 8, 2024 699 Views 0 comment Print

Explore the ongoing relevance of Salomon v. Salomon, analyzing its impact on corporate identity, veil-piercing, and modern legal challenges.

Procedure to Transfer and Claim Unpaid and Unclaimed Dividend and Shares

August 7, 2024 1497 Views 0 comment Print

Learn the process to transfer unpaid dividends and shares to the IEPF and how to claim them. Follow the steps for both companies and shareholders.

Demystifying Returnable Grants under CSR lens

August 7, 2024 546 Views 0 comment Print

Explore returnable grants in CSR, their benefits, and challenges. Learn how these grants promote financial inclusion and multiply impact while adhering to regulations.

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