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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 345 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 1731 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


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 24858 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 4875 Views 1 comment Print

CSR Implementation: Assessments and Expenditures

Company Law : Review CSR activities as mandated under Section 135 of the Companies Act, including sector-wise and state-wise CSR expenditure fro...

March 16, 2025 657 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 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 5334 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 186 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 285 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


Exemptions To Nidhi Company

May 31, 2021 19119 Views 3 comments Print

We have recently discussed a lot about the incorporation, post incorporation and the requisite compliances of a Nidhi Company but in this article, we shall study about the exemptions available to Nidhi Companies from compliance of various sections of the Act and the impact of such exemptions.

Statutory Limits Under Companies Act 2013

May 31, 2021 7932 Views 0 comment Print

The Companies Act,2013 has prescribed various limits for the appointment of auditors, directors and committees which is difficult to remember in one go. So below is the confined chart consisting of all the limits prescribed under Companies Act,2013. Constitution of Committees S.No. Name of the Committees Which companies are required to form such committees 1. […]

All about One Person Company – Introduction [OPC- Part 1]

May 31, 2021 2661 Views 0 comment Print

A One Person Company (OPC) is best suited for people who wish to be sole entrepreneurs. It is a new concept introduced by Companies Act, 2013 to encourage the objective of ease of doing business by providing a sole person with the opportunity to work with the benefits of a company i.e., an OPC offers […]

Effect of striking off on companies

May 31, 2021 64167 Views 2 comments Print

Nothing in this material world is immortal. One born is sure to die. The only things certain in life are death and taxes. This is equally applicable to companies as well. A company loses its perpetual existence when it is dissolved. The Companies Act, 2013 (Act) provides for various modes by which a company can be dissolved such as striking off, winding up, amalgamation etc.

EVENT date and CFSS

May 31, 2021 24423 Views 3 comments Print

Period of filing of CFSS form: The last date for filing of this form is June 30, 2021. This to be filed without any fees & will be processed thru STP mode. Purpose of filing of this form: The e-Form CFSS-2020 is filed as an application for issue of immunity certificate under the Companies Fresh […]

SC directs Govt to complete process of appointment of Members of NCLT & NCLAT at the earliest

May 31, 2021 1536 Views 0 comment Print

NCLAT by writing to the Hon’ble Chief Justice, we trust and hope that the reappointment process should be completed expeditiously, as there is no necessity of issuance of any advertisement for participation of other eligible candidates.

53 MCA Forms eligible for additional fee Waiver under Circular no. 06/2021 & 07/2021

May 30, 2021 44745 Views 11 comments Print

In continuation to the Ministry’s Circular no 06/2021 and 07/2021 dated 3rd May 2021, wherein relaxation was provided to Companies and LLPs in filing of forms without payment of any additional fees where it has been due for filing for a specified period of time, the Ministry has issued a clarification listing out the forms covered […]

Provisions relating to Removal/Resignation of Auditor of Companies

May 29, 2021 5163 Views 0 comment Print

Provisions relating to Removal/Resignation of Auditor under Section 140 of Companies Act, 2013 read with Companies (Audit and Auditors) Rules, 2014 S. No. Relevant provision Particulars Compliances Form required Due date of filing form Attachments required Remarks 1 Section 140(1) of Companies Act, 2013 and rule 7 of the Companies (Audit and Auditors) Rules, 2014 […]

Related Party Transactions | Section 188 | Company Law

May 29, 2021 3243 Views 0 comment Print

According to Section 2(76) of The Companies Act, 2013, related party”, with reference to the company means: (i) a director or his relatives (ii) a Key Managerial personnel or his relative (iii) a firm, in which a director, manager or his relative is a partner (iv) a private company in which a director or manager […]

Alteration of Capital Clause in MoA & its procedure thereof

May 29, 2021 24306 Views 0 comment Print

Relevant Provisions: Section 61 r/w 64 of Companies Act of 2013, Rule 15 of Companies (Share Capital and Debenture) Rules of 2014 Types of alteration of capital clause in the general meeting of a company limited by shares as per section 61 (1) of the Companies Act, 2013 can be enumerated as below: – increase […]

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