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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


Resignation and Removal of Director as Per Companies Act 2013

Company Law : Learn about the legal procedures for director resignation and removal under the Companies Act, 2013, including compliance with ROC...

February 11, 2025 81 Views 0 comment Print

Conversion of Unlisted Public Company to LLP: A Guide

Company Law : Understand the process and requirements for converting an unlisted public company into an LLP, including necessary filings and doc...

February 11, 2025 372 Views 0 comment Print

Is SH-7 Mandatory for CCPS Conversion?

Company Law : Understand if Form SH-7 is required during the conversion of CCPS to equity shares under the Companies Act, 2013, based on the aut...

February 10, 2025 801 Views 0 comment Print

Does Section 203 of Companies Act 2013 Apply to Private Companies?

Company Law : Learn about Section 203 of the Companies Act, its applicability to private companies, key provisions, and exceptions for companies...

February 10, 2025 1887 Views 0 comment Print

Stamp Duty on Transfer of Shares In Demat Form: Private Limited Company

Company Law : Understand stamp duty rules on share transfers in demat form for private limited companies. Covers legal framework, rates, respons...

February 8, 2025 1032 Views 0 comment Print


Latest News


MCA-21 Portal Glitches and Government’s Response

Company Law : The Government acknowledges MCA-21 glitches, highlights improvements, ensures data security, and implements new features for bette...

February 6, 2025 174 Views 0 comment Print

Government Simplifies Unclaimed Dividend Reporting Process

Company Law : The Indian government has reduced reporting forms for companies on unclaimed dividends and integrated fund transfers with Bharatko...

February 6, 2025 135 Views 0 comment Print

MCA21 Records 80.26 Lakh Form Filings

Company Law : MCA21 portal saw 80.26 lakh form filings between April 2024 and January 2025, showcasing improved security, user experience, and s...

February 6, 2025 102 Views 0 comment Print

NFRA Inspection Report 2023 on Lodha & Co. Audit Quality

Company Law : Summary of NFRA's audit quality inspection of Lodha & Co., highlighting key deficiencies in audit documentation, independence poli...

January 15, 2025 14256 Views 0 comment Print

NFRA Inspection Report 2023: Audit Review of M/s BSR & Co. LLP

Company Law : NFRA's 2023 inspection of M/s BSR & Co. LLP highlighted improvements in audit practices, independence policies, and documentation ...

January 15, 2025 798 Views 0 comment Print


Latest Judiciary


Creditor not restricted to enforce personal guarantee signed on behalf of trust

Company Law : NCLAT Delhi held that trusteeship deeds are generally signed between the trust on behalf of the lenders and the personal/ corporat...

February 10, 2025 96 Views 0 comment Print

CoC decision to liquidate accepted as Corporate Debtor has no assets: NCLAT Delhi

Company Law : NCLAT Delhi held that CoC decision to liquidate the Corporate Debtor is acceptable as corporate debtor has no assets and thus CIRP...

February 8, 2025 132 Views 0 comment Print

Breaking News: Delhi HC Stays NFRA’s SCN Against Engagement Quality Control Reviewer

Company Law : Delhi HC examines NFRA's jurisdiction in issuing show-cause notices to Engagement Quality Control Reviewers (EQCRs) under Section ...

February 5, 2025 6588 Views 0 comment Print

Insolvency Application was maintainable against Personal Guarantor u/s 60(1) even if there was absence of pending CIRP against CD

Company Law : The view that NCLT had no jurisdiction to entertain Section 95 Application filed by the Financial Creditor and the Application oug...

February 3, 2025 153 Views 0 comment Print

Extension of moratorium period beyond 180 days impermissible: NCLAT Delhi

Company Law : NCLAT Delhi held that as per expressed provisions of section 101(1) of the Insolvency and Bankruptcy Code, 2016 moratorium period ...

February 1, 2025 183 Views 0 comment Print


Latest Notifications


MCA imposes Penalty for Section 10A Violation (Delay in filing INC-20A form)

Company Law : Infracx Developers Pvt Ltd penalized for delayed INC-20A filing under Section 10A of the Companies Act, 2013. Total penalty: ₹43...

February 5, 2025 351 Views 0 comment Print

Penalty Imposed for Non-Compliance with Women Director Requirement

Company Law : Godrej Tyson Foods Ltd. penalized for failing to appoint a woman director under Section 149(1) of the Companies Act. Penalty inclu...

February 1, 2025 237 Views 0 comment Print

NFRA Penalizes Statutory Auditor of Religare Finvest for Misconduct

Company Law : NFRA imposes Rs. 5 lakh penalty and 5-year debarment on CA Neeraj Bansal for professional misconduct during Religare Finvest Ltd's...

January 30, 2025 17871 Views 0 comment Print

Failure to maintain meeting minutes & resolutions: MCA imposes Penalty

Company Law : MCA penalizes Chandrabangshi Nidhi Ltd for violating Section 118(1) of the Companies Act, 2013, due to failure to maintain meeting...

January 28, 2025 3888 Views 0 comment Print

Penalty Imposed on United Technologies for Non-appointment of whole-time CS

Company Law : United Technologies faces penalties for non-appointment of company secretary under the Companies Act, with fines for company and d...

January 27, 2025 450 Views 0 comment Print


Penalty imposed on company for not doing actuarial valuation for gratuity & leave encashment

February 9, 2023 2607 Views 0 comment Print

Auditor has reported that company has not complied with Accounting Standard 15 specified under section 133 of Act read with Rule 7 of Companies(Accounts) Rules, 2014, where no actuarial valuation is done for gratuity and leave encashment for the financial years 2017-18, 2018-19 and 2019-20. Hence the company has not complied with section 134(3)(f) of the Companies Act, 2013. Therefore, the company and every officer who is in default are liable for penal action under Section 134(8) of the Companies Act, 2013.

MCA Imposes Penalty of Rs. 14,00,000 for non-submission of Balance Sheet

February 9, 2023 33195 Views 1 comment Print

MCA Imposes Penalty of Rs. 14,00,000 for non-submission of Balance Sheet in Uttar Pradesh. Learn about the case & the subsequent penalties in this post.

Penalty on ‘Adani Transmission Step-One Limited’ for delay in submission of resolution

February 9, 2023 3939 Views 0 comment Print

M/s. Adani Transmission Step-One Limited vide SRN dated 05.01.2023 has filed e-form MGT-14 62 (1) (c) to consider and approve issue and allotment of 25 crore Compulsorily Convertible Debentures of Rs. 100 each to Adani Transmission Limited by way of meeting of members held on 27.09.2022. Whereas, as per the provision of section 117(1) of […]

SS 4 – Secretarial Standards on Report of Board of Directors

February 8, 2023 6021 Views 1 comment Print

Explore the key provisions of Secretarial Standards (SS-4) on the Report of Board of Directors under the Companies Act, 2013. Understand the prescribed format and disclosures for enhanced corporate transparency.

Is CSR Expenditure allowable u/s 80G?

February 8, 2023 5259 Views 0 comment Print

Understand the intricacies of CSR expenditure deduction under Section 80G. Explore recent clarifications and legal standpoints for a comprehensive view.

Withdrawal application after CoC approval to resolution plan is unsustainable

February 8, 2023 3456 Views 0 comment Print

NCLAT Delhi held that withdrawal application under section 12A of the Insolvency & Bankruptcy Code, 2016 unsustainable once CoC (Committee of Creditors) approves a resolution plan.

One Person Company (OPC) provisions under Companies Act, 2013

February 8, 2023 20394 Views 1 comment Print

Understand the concept of One Person Company (OPC) and its provisions under Companies Act, 2013 with this article. All questions answered.

Difference Between Dormant and Strike Off Companies

February 8, 2023 4518 Views 0 comment Print

Learn the difference between Dormant & Strike Off companies according to Section 455 of the Companies Act 2013. Understand how a company can become an inactive company & obtain the status of a Dormant Company.

When The Numbers Didn’t Add Up: The Satyam Scandal Explained

February 8, 2023 11268 Views 0 comment Print

Satyam fraud case serves as a cautionary tale that highlights the importance of corporate governance and the responsibilities of the board of directors, independent directors, and audit committee in ensuring the transparency and accuracy of a company’s financial statements.

FAQ’s on MCA Extension of due date of filing 46 Form on MCA V-3 Portal

February 7, 2023 5808 Views 0 comment Print

Get the latest FAQs about MCA’s extended filing date for 46 Form on MCA V-3 Portal without additional fees. Circular 03/2023 issued on 07 Feb 2023.

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