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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 336 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 9906 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


Penalty Imposed on Arisebhavishya India Nidhi Ltd for Section 12 Non-Compliance

Company Law : The ROC, Punjab & Chandigarh, imposed penalties on Arisebhavishya India Mutual Benefit Nidhi Ltd for failing to maintain a registe...

February 12, 2025 3 Views 0 comment Print

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 3894 Views 0 comment Print


Free Depreciation Calculator – Schedule II of Companies Act 2013

May 24, 2021 488758 Views 41 comments Print

An Auditor’s Tool on Depreciation Calculation-   Version 3.0 – Compliant to Schedule II of Companies Act 2013  :  Financial Year 2015-16 to FY 2021-22 enabled  – FREE Download  WHAT IS NEW- in this updated Version 3.0 1. Calculation of Depreciation enabled upto Financial Year 2021-22. 2. Consolidated (Summarised) Fixed Asset Register – enabled upto Financial […]

9 Amendments in Companies Act, 2013 Applicable from 01st April 2021

May 23, 2021 134031 Views 0 comment Print

1) Mandatory Registration of NGO’s with MCA for raising CSR Funds. (a) Every entity, covered under sub-rule (1) of Rule 4 of Companies (Corporate Social Responsibility Policy) Amendment Rules, 2021, who intends to undertake any CSR activity, shall register itself with the Central Government by filing the form CSR-1 electronically with the Registrar, with effect […]

Memorandum of Understanding

May 23, 2021 7152 Views 2 comments Print

WHAT IS A MEMORANDUM OF UNDERSTANDING (MOU)? A Memorandum of understanding (MOU) is a formal and a written agreement between parties under which their aligned intentions are expressed. Additionally, this sort of paper outlines the purpose of a common course of action. A Memorandum of understanding (MOU) can be bilateral (between two parties) or multilateral […]

Directors of a Nidhi Company

May 23, 2021 9639 Views 3 comments Print

As per the provisions of Section 406(1) of the Companies Act, 2013, ‘Nidhi Company’ means a ‘company which has been incorporated as a Nidhi with the object of cultivating the habit of thrift and savings amongst its members, receiving deposits from, and lending to, its members only, for their mutual benefit’. Therefore, we can say […]

Conditions & Rules for Acceptance of Deposits BY Companies

May 23, 2021 14169 Views 1 comment Print

The Companies (Acceptance of Deposits) Rules were introduced by the Government of India in 2014, which have been amended from time to time to ease the acceptance of deposits. This article deals with the conditions and rules regarding the acceptance of deposits by companies. APPLICABILITY Applicable on all companies except: a banking company; a non-banking […]

ESOP- Meaning, Legal Aspects & Recognition as Start up Kit to Retain Talent

May 23, 2021 9102 Views 4 comments Print

WHAT IS ESOP AND WHY IT IS RECOGNIZED AS START UP KIT TO RETAIN TALENT AS WELL AS LEGAL ASPECTS OF ESOP Employee Stock Option Scheme usually known as the Employee Stock Option Plan or Employee Stock Ownership Plan or ESOP, as its bare reading suggest that it’s an option provided to the employees of […]

Steps to follow before conducting AGM of Company

May 23, 2021 17160 Views 1 comment Print

Steps required to be follow before conducting Annual General Meeting (AGM) of the Company What is Annual General Meeting – AGM is gathering of a company’s, shareholders and its Board of Directors (Board). At an AGM, the Board of the company present the company’s annual report comprising company’s performance and its future strategy for the […]

Process for Name change of Company | Companies Act, 2013

May 22, 2021 4854 Views 0 comment Print

How to change Name of the Company ? The Name of a company is its unique identity, and the same is also found in the first clause of the MOA (also known as Name Clause). The management of the company desiring to change the Company Name would need the consent of its shareholders and the […]

Corporate Social Responsibility (CSR) Rules-Basic Understanding

May 22, 2021 13362 Views 1 comment Print

Nowadays apart from Covid negative news, we also read some positive news about how people helping each other to cope up from this pandemic. From farmers to businessman to companies, everyone helping the society or government through the way convenient to them. Everyday in newspapers or through social media we read about companies coming ahead […]

Indian Road-map for Blank Cheque or Special Purpose Acquisition Company

May 21, 2021 1467 Views 0 comment Print

What’s a Blank Check Company? or SPAC ( Special Purpose Acquisition Company)? About Blank-cheque Company: A SPAC, or a blank-cheque company, is an entity specifically set up with the objective of acquiring a firm in a particular sector. The aim of this SPAC is to raise money in an Initial Public Offering (IPO), and at […]

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