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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 333 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 459 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 849 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 9795 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 1074 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 189 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 150 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 14259 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 801 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 102 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 135 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 6666 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 357 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 243 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 17880 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 3891 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 456 Views 0 comment Print


Comparative Analysis of Trusts, Societies & Section 8 Companies

November 22, 2021 54429 Views 2 comments Print

ndia’s social consciousness is deeply engraved with the generosity of social service, which have evidently existed in various forms since ages, like the concept of daana, dakshina, bhiksha etc. There are many different ways through which individuals, companies etc. can help bring wellbeing, prosperity to one’s life as well as society at large.

Addition & Cessation of Partner/Designated Partner in LLP

November 22, 2021 37422 Views 1 comment Print

The Limited Liability Partnership is governed primarily by the provisions of the Limited Partnership Act, 2008 (LLP Act, 2008) and secondary, by the clauses mentioned in the Limited Partnership Agreement. However, with respect to the addition or removal of the designated partner or partner in the Limited Liability Partnership, there is no restrictions as such […]

Financial Year For New Companies under Companies Act, 2013

November 21, 2021 60546 Views 0 comment Print

In this write-up, we will discuss the meaning of the Financial Year for the company incorporated after 1st January. In Companies Act, 2013 only define Financial Year.  However, “the year” is not defined. So the definition under the General Clauses Act, 1897 will be applicable, and as per the General Clause Act, 1897, year means […]

MOA & AOA of A Company Under Companies Act

November 21, 2021 36843 Views 1 comment Print

Article explains what is Memorandum of Association (MOA),   Clauses under Memorandum of Association, What is Article of Association (AOA) and What an Article of Association contains. MOA AND AOA OF A COMPANY UNDER COMPANIES ACT, 2013 MEMORANDUM OF ASSOCIATION (MOA): THE MEMORANDUM OF ASSOCIATION, as observed by Palmer, ‘is a document of great importance in […]

Overview of Board Committee Audit Committee

November 21, 2021 9300 Views 0 comment Print

OVERVIEW OF BOARD COMMITTEE AUDIT COMMITTEE: Section 177 of the Companies Act, 2013 The Audit Committee is required to be formed by the following companies: 1. Every Listed Public Companies OR Every Public Companies with: 1. Paid up capital of Rs. 10 crores or more OR 2. Turnover of Rs. 100 crores or more OR […]

Overview of Board Meeting

November 21, 2021 9447 Views 1 comment Print

SECTION 173: 1. First Board Meeting of the Company shall be held within 30 days of the date of incorporation. 2. A minimum of four meetings shall be held every year and the gap between two such meetings shall not be more than 120 days. 3. Secretarial Standard on Board Meetings (SS-1) has been issued […]

Alteration In Charter Documents of Company – Alteration of MOA

November 21, 2021 2961 Views 0 comment Print

Alteration In Charter Documents of The Company Alteration of Memorandum of Association Alteration In Charter Documents of Company – Alteration of MOA ALTERATION IN CHARTER DOCUMENTS OF THE COMPANY ALTERATION OF MEMORANDUM OF ASSOCIATION: 1. Change in Name clause: The name of the company can be changed by passing special resolution and with written approval […]

Appointments, Roles, Responsibilities of Company Secretaries & its Removal

November 21, 2021 17436 Views 0 comment Print

A Company Secretary is a key managerial personal in the organisation who is entrusted with all the legal aspects of a business enterprises. The main role of CS in an organisation is auditing the company’s tax returns maintaining and, keeping books of accounts, advising the board of directors regarding the financial and legal risks of […]

Composition of Board of Directors In A Listed Company

November 21, 2021 52719 Views 0 comment Print

OVERVIEW OF DIRECTORS IN A COMPANY MEANING: According to Section 2(34) of the Companies Act, 2013 a director is director who is appointed to the Board of the company. According to Section 2(10) of the Companies Act, 2013 Board or Board of Directors in the company means the altogether body of the directors of the […]

Constitution, Restriction & Powers of Board of Directors

November 21, 2021 12237 Views 0 comment Print

SECTION 149 of Companies Act, 2013: Section 149 of the Companies Act, 2013 states minimum and maximum number of the director that shall be in the company. The minimum number of directors in a private limited company is 2, for public limited it is 3 and for an OPC its1. However, maximum number of directors […]

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