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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


Comprehensive Guide to Fast Track Merger Under Section 233 of Companies Act 2013

Company Law : Learn the step-by-step process for a fast track merger under Section 233 of the Companies Act, 2013, including eligibility, forms,...

November 12, 2024 381 Views 0 comment Print

Non-Executive Director Remuneration: What Shareholders Should Know

Company Law : Explore governance concerns on non-executive director pay, including skewed compensation, lack of caps, and transparency issues fo...

November 11, 2024 3747 Views 0 comment Print

From Dormancy to Dominance: Analysis of Section 245 of Companies Act

Company Law : Explore impact of Section 245 of Companies Act on class action suits in India, analyzing recent cases, legal frameworks, and rise ...

November 9, 2024 678 Views 0 comment Print

Memorandum of Association (MOA): Foundation of Corporate Identity & Legal Structure

Company Law : Explore the Memorandum of Association (MoA), its clauses, and its role in defining a company's identity and structure under the Co...

November 6, 2024 1068 Views 0 comment Print

Issue & Conversion of Compulsory Convertible Preference Shares into Equity Shares

Company Law : Learn about the issuance and conversion process of Compulsory Convertible Preference Shares under the Companies Act 2013, includin...

October 31, 2024 852 Views 0 comment Print


Latest News


ICSI Request for Relief from penalties on Dematerialisation Issues

Company Law : ICSI highlights challenges in dematerialisation for private companies and seeks relief from penalties due to processing delays and...

October 30, 2024 2352 Views 0 comment Print

ICSI Request for Company Law & LLP Law Settlement Scheme 2024

Company Law : ICSI requests MCA for Company Law and LLP Law Settlement Scheme 2024 to address filing challenges and avoid penalties for companie...

October 30, 2024 9168 Views 0 comment Print

CBI Arrests Assistant Registrar of Companies for Accepting ₹3 Lakh Bribe

Company Law : The CBI has arrested an Assistant Registrar of Companies in Pune for demanding and accepting a ₹3 lakh bribe from a Mumbai compa...

October 24, 2024 648 Views 0 comment Print

Extension Request for DEMAT Requirement by Private Companies

Company Law : ICSI seeks an extension for private companies to comply with new DEMAT rules, citing concerns over costs, delays, and regulatory c...

September 9, 2024 11397 Views 0 comment Print

ICSI December 2024 Exam Enrollment & Important Dates

Company Law : Important dates for ICSI December 2024 exams, including enrollment, fee deadlines, and exemption criteria. Ensure compliance to av...

August 26, 2024 441 Views 0 comment Print


Latest Judiciary


Corporate Debtor dissolution u/s 54 of IBC could be sought after complete Liquidation

Company Law : The CoC resolved not to initiate liquidation process and decided to file an application for dissolution of the CD. In pursuance of...

November 12, 2024 96 Views 0 comment Print

NCLAT Permits Ex-Promoter of NCS Sugars, to Bid as Resolution Applicant

Company Law : Appeal filed by Meir Commodities challenging NCLT Hyderabad order allowing Narayanam Nageswara Rao to participate as a Resolution ...

November 4, 2024 267 Views 0 comment Print

Attempts to exploit insolvency framework to evade legitimate claims: NCLAT imposes Cost

Company Law : Neon Laboratories Ltd Vs Mayank Shah & Anr. (NCLAT Delhi) In a recent judgment, the National Company Law Appellate Tribunal (N...

November 1, 2024 267 Views 0 comment Print

Action u/s. 121 of I&B Code by creditor justified on failure to make payment as per repayment plan

Company Law : NCLAT Chennai held that failure to make payment as per repayment plan grants liberty to the creditor to initiate action under sect...

October 29, 2024 180 Views 0 comment Print

No tax claims should be accepted by RP after lapse of extended period of 90 days of Insolvency commencement date

Company Law : During the moratorium, tax assessment proceedings were initiated by CIT (appellant) against the corporate debtor. An order for the...

October 29, 2024 165 Views 0 comment Print


Latest Notifications


Penalty for Non-Compliance with Private Placement Laws

Company Law : M/s. Galaxeye Space Solutions faces penalties for violating Section 42 of the Companies Act on private placement non-compliance....

November 13, 2024 27 Views 0 comment Print

Penalty Imposed for not mentioning DIN in Form AOC-4

Company Law : The ROC Kerala imposed penalties on Saint Philomenas Nidhi Ltd for violating the Companies Act provisions related to Director Iden...

November 13, 2024 21 Views 0 comment Print

Penalty Imposed by MCA for Gap Exceeding 120 Days Between Board Meetings

Company Law : Ispat Sheets Limited fined for non-compliance with Companies Act provisions on Board meetings. Total penalty imposed: ₹40,000....

November 4, 2024 348 Views 0 comment Print

Non-compliance in filing Form PAS-6: MCA imposes Rs. 3.5 Penalty

Company Law : Ispat Sheets Limited penalized for failing to file Form PAS-6. The penalty includes fines for the company and its directors as per...

November 4, 2024 303 Views 0 comment Print

MCA Imposes ₹21.35 Lakh Penalty for Failing to Maintain Meeting Minutes

Company Law : Trouw Nutrition India faces penalties for failing to maintain board meeting minutes as required under the Companies Act, 2013....

October 22, 2024 930 Views 0 comment Print


NFRA Penalizes RCFL Auditors with ₹2.5 Crore Fine for Audit Misconduct

May 16, 2024 11508 Views 0 comment Print

The NFRA fines Shridhar & Associates and CA Ajay Vastani for professional misconduct in auditing RCFL’s financials for FY 2018-19.

Upholding IBC Objectives: Strict Timelines Essential for Insolvency Resolution

May 16, 2024 246 Views 0 comment Print

Ensuring timely insolvency resolution, IBC mandates strict timelines; a liberal approach would undermine its objectives. Korah John Vs JM Financial Asset Reconstruction Company Ltd. (NCLAT Chennai)

Regulatory Framework for Foreign Companies under Companies Act 2013

May 16, 2024 1893 Views 0 comment Print

Article explains provisions of Chapter XXII of Companies Act, 2013, governing establishment & commencement of operations by foreign companies in India.

Related Party Transactions (RPTs) under section 188 of Companies Act, 2013

May 15, 2024 13149 Views 0 comment Print

Understand the intricacies of Related Party Transactions (RPTs) under Section 188 of the Companies Act, 2013. Learn about board approvals, shareholder consent, exemptions, and compliance essentials.

Difference between Private Placement & Preferential allotment

May 15, 2024 4284 Views 0 comment Print

Explore the nuances between Preferential Allotment and Private Placement in corporate financing. Understand their differences in regulations, investors, and execution speed.

Importance of Timely Compliance under Companies Act, 2013 & Consequences

May 15, 2024 1551 Views 0 comment Print

Recently, we have observed that the Companies who failed to comply with the provisions of the Companies Act, 2013 within the stipulated time are witnessing the show cause notice from the Registrar of Companies in pursuance to power vested u/s 454 of the Companies Act, 2013  and consequently, penalties are being imposed upon the Company […]

Private Company Director’s Liability: Companies Act, Income Tax & GST

May 14, 2024 12339 Views 0 comment Print

Learn about liabilities of directors in private companies under different laws such as Companies Act, Income Tax Act, and GST. Understand their responsibilities and recent legal judgments.

Delay in filing MGT-6 form – Section 89(6) Violation: MCA imposes Rs. 11 Lakh Penalty

May 10, 2024 420 Views 0 comment Print

Sunfast TVS Ltd. and its directors fined Rs. 11 lakhs for delayed filing of Form MGT-6 under Section 89(6) of the Companies Act, 2013

Non-appointment of Internal Auditor by Company: MCA imposes Penalty

May 10, 2024 16110 Views 0 comment Print

Learn about penalties imposed by MCA on Sector 113 Gatevida Developers Private Limited for failing to appoint an internal auditor. Analysis, implications, and order details included.

Company Fails to Maintain Required Registers at Registered Office: MCA Imposes Penalty

May 9, 2024 789 Views 0 comment Print

Subam Benefit Fund Nidhi Ltd fined ₹3.5 lakh for failing to maintain member registers as per Section 88 of the Companies Act, 2013.

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