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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 357 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 1641 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 1734 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 723 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 2412 Views 0 comment Print


Latest News


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 6 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 24939 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 618 Views 0 comment Print

Amendment in Companies Act 2013 & CSR Monitoring Framework

Company Law : Overview of proposed amendments in the Companies Act, 2013, CSR monitoring framework, and steps to ensure compliance and prevent m...

March 16, 2025 5022 Views 1 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 75 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 255 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


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 177 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 5385 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 192 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 288 Views 0 comment Print

Tristar Transport Penalized for Non-Compliance with Section 90 of Companies Act

Company Law : Tristar Transport India Pvt. Ltd. fined for delays in filing BEN-1 and BEN-2 under Section 90 of the Companies Act, 2013. Director...

March 10, 2025 147 Views 0 comment Print


Buyback of Shares – Tax, Regulatory and Valuation Aspects

November 14, 2022 55968 Views 0 comment Print

Dive into the intricacies of share buybacks, exploring tax, regulatory, and valuation aspects. Learn about the Companies Act, Income Tax Act, and SEBI regulations governing buybacks, ensuring a comprehensive understanding. Unravel the valuation requirements, including methodologies for unlisted and listed companies. Make informed decisions in the world of share buybacks.

Sole Proprietorship Vs One Person Company

November 13, 2022 8781 Views 3 comments Print

The proprietorship is a popular business form due to its simplicity, ease of setup, and nominal cost.  You could have one up and running within 15 days, which makes it very popular among the unorganised sector, especially in small traders and merchants. 

Role of Company Secretaries in Risk Management

November 10, 2022 4398 Views 0 comment Print

Explore the crucial role of company secretaries in risk management and the need for a strong risk culture in organizations.

Application u/s 7 by Financial Creditor against Guarantor maintainable on default of Principal Borrower

November 10, 2022 888 Views 0 comment Print

NCLAT Delhi held that Financial Creditors can invoke the proceedings under section 7 of the Insolvency and Bankruptcy Code, 2016 against the Guarantor, who on default of Principal Borrower transforms into Corporate Debtor

Applicability of Ind AS 19 on NBFC’s, Banks & Insurance Companies

November 10, 2022 26178 Views 0 comment Print

Learn about the applicability of Ind AS 19 on NBFCs, banks, and insurance companies in India. Understand the requirement for actuarial valuations and compliance with Indian accounting standards.

Independent Director under Section 149(6) of Companies Act, 2013

November 10, 2022 174921 Views 0 comment Print

Understanding the role of an independent director under Section 149(6) of the Companies Act, 2013. Learn about their responsibilities and impact on corporate governance.

No CS was willing to join hospital after Covid-19 pandemic – Penalty reduced

November 10, 2022 813 Views 0 comment Print

After the Covid-19 pandemic no Company Secretary from far of places shown interest to come and join in a hospital business as the company is engaged in Covid-19 pandemic related treatment. Authorised representative requested to waive the penalty as no mens rea could be proved on the part of the Company and its officers in charge.

MCA imposes 4 Lakh Penalty on company & directors for not having registered office

November 9, 2022 1689 Views 0 comment Print

Order for penalty for violation of section 12 of the Companies Act,2013 with respect to Magadh Spun Pipe Limited   Whereas, office of the Registrar of Companies, Bihar-cum-Official Liquidator, High Court Patna, has issued letter no. ROC/Pat/Compt/ 2091/761-765 dated 10.08.2022 to the company and its directors; however the said letter addressed to the company returned […]

MCA imposes penalty exceeding Rs. 11 Lakh for not filing Financial Statements on Company & Directors

November 9, 2022 1710 Views 0 comment Print

Order for penalty for violation of section 137 of the Companies Act, 2013 with respect to Magadh Spun Pipe Limited Company is in default for filing its Financial Statements for the financial year ended 31.03.2017 31.03.2019, 31.03.2020 and 31.03.2021 with the office of Registrar of Companies, Patna. A reply dated 03.11.2022 was received from the […]

MCA penalises company & director for non-appointment of Whole-Time CS

November 9, 2022 2358 Views 0 comment Print

The applicant company and its officers, who have defaulted the provisions of section 203(1) r/w 203(4) of the Act for non-appointment of Whole- Time Company Secretary are liable for penalties under section 203(5) of the Act w.e.f. 07th February 2021 to till date, as the last CS has vacated the office on 07th August 2020. […]

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