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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


Joint Audit as a Tool to Enhance Audit Quality

Company Law : joint audit involves two or more audit firms working together to issue an audit opinion on the financial statements of an organiza...

March 19, 2025 507 Views 0 comment Print

NCLT cannot decide on public law matters under MMDR Act in IBC cases: SC

Company Law : SC rules that NCLT cannot decide on public law matters under MMDR Act in IBC cases, reaffirming High Court jurisdiction under Arti...

March 17, 2025 1656 Views 0 comment Print

Importance of ROC Filing for Private Limited Companies

Company Law : Pvt Ltd ROC Filing is a essential compliance requirement for non-public confined groups in India. Filing ROC returns on time facil...

March 13, 2025 1743 Views 0 comment Print

Procedure for ISIN Issuance: Steps & Requirements

Company Law : Learn the ISIN issuance process, required documents, and compliance steps for dematerializing securities under the Companies Act, ...

March 10, 2025 729 Views 0 comment Print

Form MSME-1: Purpose, Filing, Due-date and Penalty

Company Law : Understand purpose, filing requirements, due dates and penalties of Form MSME-1 for companies with outstanding dues to MSME suppli...

March 9, 2025 2421 Views 0 comment Print


Latest News


Indian Government Assigns 72 Corporate Fraud Cases to SFIO Since 2019

Company Law : The government addresses SFIO cases, IBC amendments, CSR compliance, and ESG reporting norms for publicly traded companies....

March 20, 2025 30 Views 0 comment Print

MCA V3 Login & Registration: User Types & FAQs

Company Law : Understand MCA V3 user types, registration, and login. Learn how to update profiles and resolve common issues....

March 20, 2025 306 Views 0 comment Print

Provisional List of Audit Firms Not Filing NFRA-2 for 2023-24

Company Law : Find the provisional list of audit firms of listed companies that haven't filed NFRA-2 forms for the reporting period 2023-24. Upd...

March 16, 2025 25128 Views 0 comment Print

Adequate Provisions in Companies Act, 2013 to Enhance Corporate Governance

Company Law : The Companies Act 2013 mandates corporate governance, transparency, and CSR reporting. Key provisions include financial disclosure...

March 16, 2025 171 Views 0 comment Print

Compliance Requirements for Private Limited Companies

Company Law : Understand the compliance regime for private limited companies in India, including business closure timelines and government measu...

March 16, 2025 624 Views 0 comment Print


Latest Judiciary


NCLAT held Electricity was essential supply, couldn’t be disconnected during moratorium period under IBC

Company Law : When the corporate debtor failed to pay the outstanding power obligation, appellant subsequently cut off the electrical service. O...

March 10, 2025 81 Views 0 comment Print

IBC would prevail over Electricity Act: NCLAT Delhi

Company Law : The plain reading of the above provisions of Section 60(5)(c) clearly indicates that the NCLT is empowered to adjudicate any quest...

March 7, 2025 258 Views 0 comment Print

Profit-Sharing Disputes Not Operational Debt Under IBC: NCLAT Delhi

Company Law : NCLAT Delhi quashes CIRP against Alcuris Healthcare, ruling profit-sharing disputes do not constitute operational debt under IBC. ...

February 27, 2025 210 Views 0 comment Print

Hypothecated Assets Can’t Be claimed through retrospective journal entries to Evade Insolvency proceedings

Company Law : NCLAT dismisses appeals in Saturn Ventures case, upholding RP’s findings on asset ownership and rejecting fraudulent transaction...

February 26, 2025 210 Views 0 comment Print

Liquidator empowered to proceed with private sale of Corporate Debtor by Swiss Challenge Mechanism

Company Law : NCLAT Delhi held that Liquidator is jurisdictionally empowered to proceed with private sale of Corporate Debtor by adopting Swiss ...

February 19, 2025 108 Views 0 comment Print


Latest Notifications


Appeal Against ROC Penalty for absence of maintained registered office Dismissed

Company Law : The appeal by Maptech Poly Products Pvt Ltd against a penalty for non-maintenance of its registered office was dismissed by the Re...

March 20, 2025 27 Views 0 comment Print

Failure to Appoint Resident Director: MCA reduces Penalty from ₹6 Lakh to ₹60000

Company Law : Vishnupriya Hotels' appeal led to a penalty reduction for non-compliance with Section 149(3) of the Companies Act. The company pai...

March 19, 2025 192 Views 0 comment Print

CSR provision Violation: MCA reduces Penalty from ₹1.59 Crore to ₹32.72 Lakh

Company Law : Vishnupriya Hotels appealed against CSR non-compliance penalties. The Regional Director reduced the fine after reviewing submissio...

March 19, 2025 5592 Views 1 comment Print

Internal Auditor Appointment Delay: MCA reduces Penalty

Company Law : Konoria Plaschem faced penalties for failing to appoint an internal auditor from 2014-2020. The fine was reduced on appeal. Read t...

March 19, 2025 198 Views 0 comment Print

Board Meeting Lapses: MCA reduces Penalty from ₹28.5 Lakh to ₹2.85 Lakh

Company Law : Water & Sanitation (India) for Urban Poor failed to hold board meetings from 2011-2019, leading to penalties. The fine was later r...

March 19, 2025 300 Views 0 comment Print


Related party transactions not placed before Audit Committee meeting – Penalty Imposed

March 7, 2023 1530 Views 0 comment Print

It is observed that the subject company has not placed the related party transactions before the Audit Committee meeting held on 31.10.2018 for approval in compliance of section 118(1) of the Act r/w Secretarial Standard -1 (SS-1) issued by Institute of Company Secretaries of India. Relevant provision of para 1.3.8 of secretarial standard (SS-1) issued […]

Resolution without signatures of authorized signatories – Penalty imposed

March 7, 2023 1650 Views 0 comment Print

It is observed that the resolutions placed before the Board during the aforesaid financial year for the purpose of bank signatory did not contain the specimen signatures of the authorized signatories and as such were also not contained in the Minutes book which indicate that minutes of the board meeting held on 29.08.2016, 27.10.2016 and […]

Empowering Shareholder Democracy: Importance of Shareholder Participation in Corporate Governance

March 7, 2023 2718 Views 0 comment Print

Explore how the Companies Act, 2013 and SEBI Regulations empower shareholder democracy in India, enhancing transparency and accountability in corporate governance.

Formation and Promotion of Farmer Producer Company in India

March 6, 2023 3864 Views 0 comment Print

A Farmer Producer Company is a type of producer organization that enables farmers to pool their resources and market their produce collectively.

Website Disclosure for Listed Companies

March 6, 2023 16911 Views 0 comment Print

Learn about the website disclosure requirements for listed companies under SEBI regulations and the Companies Act, including financial statements and corporate governance.

Closure of Company – Various Exit Modes of Voluntary Winding Up

March 6, 2023 6735 Views 0 comment Print

Explore various exit modes for voluntary winding up of a company, including strike off and winding up under the Companies Act and Insolvency and Bankruptcy Code.

Penal provisions for non- compliance of cost audit report

March 6, 2023 13140 Views 0 comment Print

Discover the penal provisions for non-compliance of cost audit reports under Section 148 of the Companies Act, 2013, and ensure timely submission to avoid penalties.

Financial Reporting Quality Review Report (FRQRR) of PSP Projects Limited

March 6, 2023 2964 Views 0 comment Print

NFRA undertook Financial Reporting Quality Review of Standalone Financial Statements of PSP Projects Ltd. on the basis of NFRA’s statistical sampling approach.

Striking off companies name due to default in submitting statutory record due to some internal disputes is unsustainable

March 6, 2023 1506 Views 0 comment Print

NCLAT Delhi held that striking off of the companies name due to default in submitting of a statutory record because of some internal disputes among the shareholders and management is unsustainable in law.

Share Stamping on Allotment of Shares/Issuance of Shares Certificates

March 6, 2023 12687 Views 2 comments Print

There are various amendments under the act that talks about the duty on the shares. This power accordingly lies with the states. In some states, the duty might be Nil or Rs 1 or lesser while in some states duty is in some % of the total market/issuance value of the shares. There is also a notification that says now the uniform rate on the issuance of shares shall be 0.005% and 0.015% on the transfer of shares.

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