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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


Common Errors to Avoid While Filing Spice+ Forms  

Company Law : The Spice+ (Simplified Proforma for Incorporating a Company Electronically) form, introduced using the Ministry of Corporate Affai...

November 27, 2024 288 Views 0 comment Print

Ongoing CSR Projects: Rules & Guidelines

Company Law : Learn about ongoing CSR projects, the rules, time limits, unspent CSR funds, and board responsibilities for effective corporate so...

November 27, 2024 930 Views 0 comment Print

Mandatory Demat of Shares of Section 8 Company and Form PAS 6

Company Law : Section 8 companies must dematerialize their shares by 30th September 2024 as per MCA's new amendment. Learn more about compliance...

November 27, 2024 4032 Views 0 comment Print

Mandatory Demat of Shares of Non-Small Private Company and PAS 6

Company Law : Explore the new MCA rules on Dematerialization of Securities for Private Limited Companies. Learn about compliance, implications f...

November 27, 2024 110100 Views 3 comments Print

Process of Company Incorporation under Companies Act 2013

Company Law : Learn the steps involved in the incorporation of a company under the Companies Act 2013, including document requirements and the r...

November 26, 2024 579 Views 0 comment Print


Latest News


Companies Registered Under Spice+ Form A and Section 8

Company Law : Details on companies registered under Spice+ Form A and Section 8 for FY 2021-25, including processing timelines and figures for n...

November 28, 2024 843 Views 0 comment Print

Action Against Defaulter Companies in India by MCA

Company Law : Over 1.39 lakh companies struck off for failing to file returns and audited statements in India, with 322 prosecutions initiated i...

November 28, 2024 4665 Views 0 comment Print

Government Actions on Shell Companies: Key Data and Developments

Company Law : Government details actions taken against shell companies, identifying 233,566 entities struck off across India in the last five ye...

November 28, 2024 429 Views 0 comment Print

CSR Fund Utilization in India: 2020-23 Overview

Company Law : Learn about CSR fund utilization by Indian companies, key activities, and steps for ensuring compliance under the Companies Act, 2...

November 28, 2024 390 Views 0 comment Print

Status of Centre for Processing Accelerated Corporate Exit (C-PACE)

Company Law : Update on C-PACE for fast-tracking corporate exit and measures taken to improve ease of compliance and ease of doing business in I...

November 28, 2024 285 Views 0 comment Print


Latest Judiciary


Resolution Professional not allowed to pay pre-CIRP dues outside resolution framework: NCLAT Delhi

Company Law : The Appellant had filed appeal seeking direction against the Secretary, Ministry of Coal-Respondent No.1 and Coal Controller-Respo...

November 25, 2024 300 Views 0 comment Print

Director Limit Violation: MCA imposes Rs. 2 Lakh Penalty

Company Law : Penalty imposed on Sh. Laxit Awla under Section 165 of Companies Act, 2013, for exceeding directorship limits. Details on violatio...

November 24, 2024 780 Views 0 comment Print

Development Rights were covered under definition of “Property” u/s 3(27) of IBC

Company Law : The owners entered into a Development Agreement with New India City Developers Private Limited ( Developer ) to develop a group ho...

November 20, 2024 393 Views 0 comment Print

No withdrawal of approved resolution plan unless the breach of sec. 30(2) of IBC

Company Law : The law was well settled that the Resolution Plan which was approved by the CoC could not be allowed to be withdrawn and any claus...

November 19, 2024 207 Views 0 comment Print

Dissenting Financial Creditor was only entitled to Liquidation Value of Secured Interest u/s 30(2)(b) of IBC

Company Law : Appellant had submitted that it was a secured financial creditor of the Corporate Debtor. Appellant’s financial debt was secured...

November 19, 2024 156 Views 0 comment Print


Latest Notifications


Penalty Imposed on Ingeteam India Pvt Ltd for CSR Violation

Company Law : Ingeteam India Pvt Ltd faces penalty for failing to comply with CSR obligations under Section 135 of the Companies Act, 2013....

November 27, 2024 225 Views 0 comment Print

Online Applications Invited for 3 Judicial and 3 Technical Member Posts in NCLT

Company Law : Online applications are invited for 6 posts in NCLT (3 Judicial & 3 Technical Members) with eligibility and detailed instructions ...

November 26, 2024 249 Views 0 comment Print

Director Limit Violation: Penalty Imposed for Section 165 Violation

Company Law : Adjudication order issued to Jasbir Singh for violating Section 165 of Companies Act, 2013. Penalty of ₹2,00,000 imposed by ROC ...

November 24, 2024 3474 Views 0 comment Print

Non inclusion of DIN in financial Statements: MCA imposes Rs. 8 Lakh Penalty

Company Law : Adjudication order under Companies Act, 2013 for M/s Aasvas Nidhi Ltd for non-compliance with Section 158. Penalty imposed on comp...

November 24, 2024 1662 Views 0 comment Print

MCA Imposes ₹4 Lakh Penalty for Incorrect Board Meeting Date in Report

Company Law : Adjudication order imposing penalties for non-compliance with Section 134(3)(b) of the Companies Act, 2013. Total penalty: ₹4,00...

November 24, 2024 12168 Views 0 comment Print


Incomplete Shareholder Details in Form MGT-7 & MGT-9: MCA Imposes Penalty

May 24, 2024 660 Views 0 comment Print

MCA imposes penalties on Equifax Analytics Pvt. Ltd. for incomplete shareholder details in Forms MGT-7 & MGT-9. Total penalty: ₹80,000.

Failure to Maintain Minimum paid-up capital: MCA Imposes ₹4.5 Lakh Penalty

May 24, 2024 312 Views 0 comment Print

Reflektion Media Software India Pvt. Ltd. failed to maintain the minimum paid up capital as prescribed for a private company of Rs. 1,00,000 –  MCA imposes Penalty

MCA Imposes Penalty for Inadequate Board Report Disclosures

May 24, 2024 246 Views 0 comment Print

MCA imposes penalties on Reflektion Media Software for failing to disclose key details in Board Reports for multiple financial years under Section 134(3).

MCA Imposes Penalty on Company & Directors for Not Maintaining Minutes

May 24, 2024 210 Views 0 comment Print

Jai Shree Krishna Steel Works fined ₹25,000 by MCA for failing to maintain meeting minutes as per Section 118 of the Companies Act, 2013.

Failure to Convene Board meeting within prescribed Period: MCA imposes Penalty

May 24, 2024 117 Views 0 comment Print

Aspect Contact Center Software India fined by ROC Karnataka for failing to hold board meetings as required by Section 173(1) of the Companies Act, 2013.

Failure to include contact details on letterheads: MCA levied ₹4 Lakh Penalty

May 24, 2024 669 Views 0 comment Print

G2.Com India Pvt Ltd fined for not including required contact details on letterheads per Companies Act, 2013. Penalty details and appeal process outlined.

Failure to include attendance slips & proxy forms in AGM notices: MCA imposes Penalty

May 24, 2024 414 Views 0 comment Print

Credii Technologies fined for failing to follow AGM notice rules in FY 2018-19 and 2019-20. Penalties and compliance details outlined by Registrar of Companies Karnataka.

Failure to provide explanations or comments in Board Report: MCA imposes ₹16.5 Lakh Penalty

May 24, 2024 8688 Views 0 comment Print

Reflektion Media Software (India) penalized ₹12 lakh for non-compliance with Section 134(3) of the Companies Act, 2013. Directors also fined.

Debt & default against Corporate Debtor: Section 7 IBC Application Admissible

May 24, 2024 345 Views 0 comment Print

Delve into the legal intricacies of New Era Propcon Pvt. Ltd. vs SREI Equipment Finance Ltd. case at NCLAT Delhi. Detailed analysis, implications, and conclusions explored.

Failure to Maintain Statutory Registers (Section 170): MCA imposes Penalty

May 24, 2024 1134 Views 0 comment Print

Jai Shree Krishna Steel Works Pvt Ltd is fined for not maintaining statutory registers under Section 170 of the Companies Act, 2013, totaling Rs. 5 lakh.

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