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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 630 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 1695 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 1758 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 732 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 2433 Views 0 comment Print


Latest News


Indian Government Assigns 72 Corporate Fraud Cases to SFIO Since 2019

Company Law : The government addresses SFIO cases, IBC amendments, CSR compliance, and ESG reporting norms for publicly traded companies....

March 20, 2025 69 Views 0 comment Print

MCA V3 Login & Registration: User Types & FAQs

Company Law : Understand MCA V3 user types, registration, and login. Learn how to update profiles and resolve common issues....

March 20, 2025 471 Views 0 comment Print

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 25404 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 180 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 675 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 84 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 261 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


Appeal Against ROC Penalty for absence of maintained registered office Dismissed

Company Law : The appeal by Maptech Poly Products Pvt Ltd against a penalty for non-maintenance of its registered office was dismissed by the Re...

March 20, 2025 66 Views 0 comment Print

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 192 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 5910 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 204 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 318 Views 0 comment Print


Issue of preference shares on right basis

July 3, 2020 52563 Views 1 comment Print

Preference as the term implies are the shares that rank at a priority above the equity shares. It means and includes that part of the share capital the holders of which have a preferential right over payment of dividend (fixed amount or rate) and repayment of share capital in the event of winding up of […]

Conversion of LLP to Company- Process, Documents & Taxation

July 3, 2020 23010 Views 5 comments Print

The assent of all the partners in the form of resolution must be taken by conducting a meeting having propaganda of conversion of LLP into company under section 366, of the Companies Act, 2013. Authorisation must be given to required partners for executing the steps papers, deeds, and documents required for registration.

Is dividend out of reserves possible?

July 2, 2020 30258 Views 0 comment Print

Yes, prima facie, it is possible for a company to pay dividend out of reserves. In advance India, majority of the people are investing in the shares of those companies which are regularly paying dividends. Everybody, who invests expect a healthy return from such investment. The large companies which are regularly paying dividends are becoming […]

Extension in due date of filing form DPT-3?

July 2, 2020 68919 Views 3 comments Print

Company Law Fresh Settlement Scheme Question: Whether there is any extension in Due Date of DPT-3? As per the Companies Act, 2013, the Due Date of filing of DPT-3 is June 30, 2020 on an annual basis. However, due to CoVID-19 pandemic, many Companies cannot file this form until  June 30, 2020. Therefore, Ministry of […]

Requirement of Filing of CFFS Form

July 2, 2020 3228 Views 1 comment Print

Company Law Fresh Settlement Scheme Question:  Whether the e-Form CFFS-2020 required to be filed for the forms which have been filed within due dates during the vouge of the scheme? Ministry of corporate Affairs (MCA) had in the circular dated 24 March, 2020, provides for a moratorium on delay in filing of form till September […]

New criteria for classification of Micro, Small and Medium Enterprises

July 2, 2020 144801 Views 2 comments Print

New criteria for classification of Micro, Small and Medium Enterprises – GAZETTE NOTIFICATION – 26th June, 2020 The Government has always been in favor of providing benefits to Micro, Small and Medium Enterprises (MSMEs). There are many benefits of MSME registration in India, which can be only availed if the business had registered itself as […]

Striking Off Name of Companies under Companies Act, 2013

July 1, 2020 4734 Views 0 comment Print

SECTION 248 OF COMPANIES ACT, 2013 DEALS WITH POWER OF REGISTRAR TO REMOVE NAME OF COMPANY FROM REGISTER OF COMPANIES Removal of name from register of companies may be : (1) By Registrar (2) By the Company on its own Removal of Name from Register of Companies by Registrar Procedure of Removal of Name of […]

Striking off The Company U/S 248 of Companies Act, 2013

July 1, 2020 7419 Views 0 comment Print

Striking off the Company under section 248 of the Companies Act is one of the easiest method for winding up.In this article author has tried to explain the procedure of strike off the company in FAQ manner  answering the question like What are the conditions under which the registrar can strike off the name of […]

New MSME Classification Criteria Based on Investment & Turnover

July 1, 2020 22869 Views 2 comments Print

Article discusses Classification of Enterprises as Micro, Small and Medium Enterprises (MSME) W.E.F. 01.07.2020 as amended vide Notification S.O. 2119(E) dated 26th June 2020. (1) Criteria for Classification of Enterprises as MSME (2) Become MSME *Any person intends to establish a MSME may file Udyam Registration online in the Udyam Registration portal, based on self […]

CSR Rules, Accounting and Taxation- FAQs

July 1, 2020 36813 Views 2 comments Print

It has been observed that CSR funds have been allocated to hospital or doctors for construction of hospital building or  for their day to day OPD; while doctors are charging Rs 1000 to Rs 1500 per patient. Then, what is the public benefit arising out of CSR activity of this type ?

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