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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 102 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 384 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 816 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 4755 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 1035 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 174 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 138 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 14256 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 798 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 99 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 132 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 6597 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 351 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 240 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 17871 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 3888 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 453 Views 0 comment Print


Striking off The LLP: Easy Exit Scheme For LLP

September 28, 2020 5565 Views 0 comment Print

INTRODUCTION To promote business in India, we need to promote ease of doing business in India, and ease of doing business does not only involve easy of incorporation of the Company and LLP but also to provide an easy exit option to the Company and LLP who failed to carry on their business without forcing […]

ROC & RBI Compliance list for Branch Office of foreign companies

September 28, 2020 6297 Views 0 comment Print

MCA/ROC COMPLIANCE 1. Financial Year :- We need to determine F.Y. of the BO. This can be same as that is followed by the Company in its country of incorporation 2. Prepare Financial Statements and file form with MCA :- Within six months of closure of Financial Year. 3. Annual Return with MCA :- Within […]

Draft Share Purchase Agreement for Private limited Company

September 28, 2020 181848 Views 6 comments Print

Draft Format of Share Purchase Agreement For Private limited Company SHARE PURCHASE AGREEMENT This Share Purchase Agreement (‘Agreement‘) is entered into on this _____________day of ___________, 2020 (‘Execution Date‘, by and amongst: (1) ___________________, Director & Majority Shareholder of the Proposed Company (defined below) (hereinafter referred to as “Seller” which expression, unless repugnant to the […]

Private Placement V/S Preferential Allotment

September 28, 2020 155241 Views 2 comments Print

MEANING :- Private Placement means any offer or invitation to subscribe or issue of securities to a selected group of persons by a company (other than by way of public offer) through Private Placement offer-cum-application, which satisfies the conditions specified in Section 42 of the Companies Act, 2013. Preferential Allotment means issue of shares or […]

Holding of General Meetings: A Revolution due to Covid-19 Pandemic

September 27, 2020 2238 Views 0 comment Print

Corporate Meetings are very crucial part of business activities. Corporate Meetings thus turn out to be a place where various aspects of business management are discussed- the performance of the company, the mission and vision of company, the weaknesses of company, the obstacles faced and how to overcome them. This article would be divided into two series, one for General meetings and second for Board Meetings.

Holding of Board Meetings during Covid-19 Pandemic

September 27, 2020 23136 Views 0 comment Print

Board Meetings are considered to be important part of every organization in building Strong Financial Position, Qualitative Management Decisions, Customer Relationship Management (CRM), Employee Relationship, and Future Prospects of the Company. It oversees the management of the company to ensure that the interest of non-controlling shareholders is protected.

CEO & their Appointment under Companies Act 2013

September 27, 2020 128865 Views 2 comments Print

Chief Executive Officer (C.E.O.) And Their Appointment Under The Companies Act 2013 A chief executive officer (CEO), or just chief executive (CE), is the most senior corporate, executive, or administrative officer in charge of managing an organization – especially an independent legal entity such as a company or non-profit institution. The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the […]

Dormant companies: A detailed analysis

September 27, 2020 4503 Views 0 comment Print

♦ Section – 455: Dormant Company: Sec – 455(1): Where a company is formed and registered under this Act: for a future project or to hold an asset or intellectual property and has no significant accounting transaction, such a company or an inactive company may make: an application to the Registrar for obtaining the status […]

Highlights of amendments under Companies (Amendment) Bill, 2020

September 27, 2020 4272 Views 0 comment Print

The Companies (Amendment) Bill, 2020 was introduced in Lok Sabha by the Minister for Corporate Affairs, Ms. Nirmala Sitharaman, on March 17, 2020.The Bill get passed by Lok Sabha on Sep 19, 2020 The Union Corporate Affairs Minister Nirmala Sitharaman moved the Companies (Amendment) Bill, 2020 for passing in the Upper House (Rajya Sabha) on […]

Incorporation of Producer Company in India SPICE+

September 26, 2020 3216 Views 0 comment Print

Section 465 of the Companies Act, 2013: All the Sections of Companies Act, 2013 has already been notified till date , except section pertaining to producer Company. The same shall be still govern by chapter IXA of Companies Act, 1956. The Companies (Amendment) Bill, 2020 passed by Lok Sabha mentions to incorporate a new Chapter […]

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