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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 582 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 1665 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 1749 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 732 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 2427 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 54 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 465 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 25317 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 177 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 645 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 84 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 54 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 5802 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 201 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 315 Views 0 comment Print


Clarification of Registration of Independent Director in Data Bank

June 24, 2021 27192 Views 0 comment Print

Ministry of Corporate Affairs (MCA) has notified, Companies (Creation and Maintenance of databank of Independent Directors) Amendment, Rules 2021 on 18th June 2021. These Rules came into effect from 18th June 2021. Applicability: The new norms shall be applicable to Existing Independent directors and Individual who are willing to be appointed as independent director and […]

Clarification on Board Meeting Through Video Conferencing

June 24, 2021 49743 Views 0 comment Print

Ministry of Corporate Affairs (MCA) has notified, The Companies (Meetings of Board and its Powers) Amendment, Rules 2021 on 15th June 2021. These Rules came into effect from 15th June 2021. Section 173 of Companies Act, 2013 allows to hold Board Meeting through physical as well as video conferencing mode. However, Rule 4 restrict some […]

FAQs on DPT-3 (Return of deposits for Companies)

June 23, 2021 124371 Views 4 comments Print

Q.1 While filing DPT-3 for f.y. 2020-21, which date shall be mentioned for Closing of Account at colloum 7(a)? Ans. As per instruction Kit, Company must mention date of ‘Last Closing of Account’ at column no. 7(a). Therefore, one can opine that for the Financial year 2020-21 date of last closing of account shall be […]

Deemed Public Company (DPC)

June 23, 2021 101697 Views 12 comments Print

‘Deemed Public Company’ is nowhere specifically defined under Companies Act, 2013 or its Rules. So, it is only after analysis of Sub-Section 71 of Section 2 can one get an indirect definition of deemed public company. Section 71 reads as under:  “public company” means a company which- (a) is not a private company and; (b) […]

Board Meetings: Combined Analysis of Section 118, 173 & Secretarial Standards 1

June 23, 2021 17694 Views 0 comment Print

OVERVIEW Board Meetings are the meeting of directors to discuss and take decision on various corporate and non-corporate matters for smooth functioning of the Company and in today’s dynamic and changing scenarios, it is must needed to take regular updates on the matters affecting the business of the companies. The Board of Directors is the […]

Fast Track Mergers and Amalgamation

June 23, 2021 3690 Views 1 comment Print

Overview The entire process of effectuating a Merger or Acquisition deal is tedious and extraneous in nature, especially in cases of small companies. To deal with this problem, fast-track mergers were introduced by the Ministry of Corporate Affairs on 15th December, 2016 and have been illustrated under section 233 of the Companies Act, 2013 read […]

All about Association Clause in MOA

June 23, 2021 6573 Views 0 comment Print

This is the last clause of MOA (Memorandum of association) (aka Subscription Clause). A company itself is an association of persons and this association is formed by Memorandum. The individuals who want to be part of this association needs to sign Memorandum of the company, this part where such signatures are affirmed is called association […]

Companies (Accounting Standards) Rules, 2021

June 23, 2021 63594 Views 0 comment Print

MCA has notified Companies (Accounting Standards) Rules, 2021 on 23rd June, 2021. vide this notification has amended definition of Small and Medium Sized Company for applicability of Accounting Standards as recommended by the Institute of Chartered Accountants of India from 01.04.2021. Central Government hereby specifies Accounting Standards 1 to 5, 7 and 9 to 29 […]

Companies allowed to conduct EGMs through VC/OAVM till 31.12.2021

June 23, 2021 1566 Views 0 comment Print

MCA allowed companies to conduct their EGMs through VC or OAVM or transact items through postal ballot in accordance with the framework provided in the aforesaid Circulars upto 31st December, 2021.

Conducting of Board meetings through Video Conferencing (VC).

June 22, 2021 2850 Views 0 comment Print

Every year, all Companies have to conduct at least 4 meetings of its Board and 1 meeting of its Members called Annual General Meeting. These meetings can be conducted either in physical mode or in Video Conferencing/Other Audio Visual Means mode. Earlier, there were restrictions on certain agenda items to be discussed in the Board […]

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