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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


Venture Debt Funding by way of Issue of Debentures by Private Company

Company Law : Explore the process and regulatory framework for venture debt funding via debentures issued by private companies under the Compani...

November 29, 2024 492 Views 0 comment Print

Conversion of loan into equity: Section 62(3) of Companies act, 2013

Company Law : Learn about the process, exemption, and compliance for converting loans or debentures into equity under Section 62(3) of the Compa...

November 29, 2024 10323 Views 0 comment Print

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 570 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 1221 Views 1 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 6645 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 2109 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 37404 Views 1 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 774 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 798 Views 1 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 3495 Views 1 comment Print


Latest Judiciary


Rejection of application u/s. 9 of IBC justified due to pre-existing dispute: NCLAT Delhi

Company Law : The Appellant- Operational Creditor had undertaken to provide services for production of Television Commercial, print shoot and di...

December 2, 2024 117 Views 0 comment Print

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 345 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 849 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 441 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 216 Views 0 comment Print


Latest Notifications


Unsigned Minutes of board meetings: Penalty Imposed

Company Law : Hind Woollen and Hosiery Mills fined for violations under Sections 118(1) and 118(2) of the Companies Act, 2013, regarding minutes...

November 27, 2024 8331 Views 0 comment Print

Penalty imposed for Non-Disclosure of Director Interests under Section 184(1)

Company Law : Registrar of Companies imposes penalties on directors of Hind Woollen & Hosiery Mills Pvt Ltd for failing to disclose interests in...

November 27, 2024 513 Views 0 comment Print

Non Appointment of CS & CFO: MCA imposes penalty of Rs. 79.40 Lakh

Company Law : Registrar of Companies, Hyderabad, penalizes Virupaksha Organics Ltd ₹79.40 lakh for non-appointment of a Company Secretary and ...

November 27, 2024 4413 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 20, 2024 3573 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 19, 2024 2169 Views 0 comment Print


Guide to Forfeiture of Shares

August 20, 2024 1572 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 14670 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 1473 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 1395 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 645 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.

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

August 16, 2024 2568 Views 0 comment Print

Understand Section 186 of the Companies Act, 2013, covering company loans, investments, and compliance requirements, including board approvals and exemptions.

Company Director Compliance Duties Under Companies Act, 2013

August 16, 2024 1365 Views 0 comment Print

Key compliance duties for company directors under the Companies Act, 2013, including disclosures, declarations, KYC, and meeting attendance to ensure ethical governance.

Conversion of Limited Liability Partnership into Private/Public Company

August 16, 2024 957 Views 0 comment Print

Learn the process and benefits of converting a Limited Liability Partnership (LLP) into a Private/Public Company under the Companies Act, 2013.

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

August 15, 2024 1311 Views 0 comment Print

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

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