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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


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 336 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 777 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 900 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 1023 Views 0 comment Print

Share Capital Reduction: Process, Impact & Key Implications

Company Law : Learn about share capital reduction under Section 66 of the Companies Act 2013, its process, financial impact, and implications fo...

February 7, 2025 441 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 171 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 132 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 6537 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 180 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 345 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 3882 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


Audit Documentation and its Importance

December 28, 2022 8892 Views 0 comment Print

Standard on Auditing (SA) 230, ‘Audit Documentation’ prescribes the basic principles of audit documentation. Reporting requirements of Companies Act, 2013 is very much necessary as per the auditing standards.

Women on the Board of a Company – Empowerment

December 28, 2022 1080 Views 0 comment Print

The imperative need for women as a director in the Board was felt by the regulators such as Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI), and accordingly relevant provisions for the same were introduced in the Act and Regulations.

RD reduces penalty from 64 Lakh to 14 Lakh for default in issue of Compulsorily Convertible Preference Shares

December 28, 2022 789 Views 0 comment Print

Company has failed to comply with the below mentioned provisions of Section 42 of the Companies Act, 2013 also: (a) Company did not pass any Board Resolution for approval of Private Placement. (b) Company did not circulate the letter of offer to the proposed allottees in PAS-4 or not maintained any records of the offer in PAS-5

Practical Aspects of Incorporation of IFSC Company In India

December 27, 2022 12042 Views 0 comment Print

Learn how to incorporate IFSC Company in India – practical steps of MCA Form Spice Part A and B. Discover what an International Financial Services Centre is and get tips for setting up your own facility.

Delay in filing of e-form MGT-14 – MCA imposes penalty on Company & Directors

December 26, 2022 2052 Views 0 comment Print

Company filed e-form MGT-14 for Alternation of Articles of Association by incorporating provisions such as Conversion of Loan into Equity Shares in respect of Shareholders approval of members of company by delay of 45 days.

Result of ICSI Regional Constituency Election

December 26, 2022 1122 Views 0 comment Print

List of candidates declared elected to ICSI Council from Regional Constituencies (EIRC, SIRC, NIRC, WIRC) after counting of votes held from 19th to 22nd December, 2022

Guidelines to Add a New Co-Founder in a Private Company

December 26, 2022 3978 Views 0 comment Print

Before co-founding, a private firm must create agreements that divide ownership, control & responsibility. Learn how this works & create an enterprise successfully with a founder’s mindset! A Public Charitable Trust Learn the must-know details of drafting a trust deed as per Indian Governments Rules.

Appointment of foreign nationals of countries sharing land border with India as directors

December 25, 2022 3234 Views 0 comment Print

Appointment of foreign nationals from countries sharing a border with India as directors. Learn how the Government of India is making sure that national security is a priority.

MCA to Launch Second set of Company Forms covering 56 forms

December 24, 2022 13884 Views 2 comments Print

Transition of 56 company forms from V2 to V3 portal In our continuous endeavour to serve you better, the Ministry of Corporate Affairs is launching Second set of Company Forms covering 56 forms in two different lots on MCA21 V3 portal. 10 out of 56 forms will be launched on 09th January 2023 at 12:00 […]

Section 185 of Companies Act

December 24, 2022 111519 Views 0 comment Print

Understand the implications of Section 185 of the Companies Act, 2013 with regard to loans, guarantees and securities extended to directors. Prevent misuse of public funds and issue proceeds from private businesses of directors.

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