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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 69 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 369 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 801 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 1470 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 1029 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 135 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 96 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 6582 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 237 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 3882 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 450 Views 0 comment Print


Board Meeting- Important aspects and Penalty

October 24, 2019 20562 Views 0 comment Print

One of the Most Important meetings in a company can be said is Board Meeting, reason being, the inception of any decision which affects the company starts from this meeting. All the brainstorming pertaining to planning till feedback of any undertaking by a company, is made vocal and communicated to all the Board members in […]

Financial Statement, Board Report Under Companies Act, 2013

October 24, 2019 10380 Views 0 comment Print

Analysis of Section 134 of Companies Act, 2013 1) Signing Of Financial Statement : – Chairperson of the Company (if authorised by the board of directors) OR – 2 Directors (out of which 1 shall be Managing Director) AND – CEO/CS/CFO (if they are appointed in the Company) Note : In Case Of One Person […]

Understanding Companies Incorporation Eighth Amendment Rules, 2019

October 24, 2019 1959 Views 0 comment Print

MCA has notified the Companies Incorporation Eighth Amendment Rules, 2019 on 16th October, 2019. There are three amendments under the Companies Incorporation 8th Amendment Rules, 2019.

Memorandum of Association under Companies Act, 2013

October 23, 2019 2748 Views 0 comment Print

MOA –MOA in legal terminology means memorandum of association of a Company as originally framed or as altered from time to time in pursuance of Companies Act, 2013 or any former Company laws.

Compliances for Independent Directors as Per MCA Notifications Dated 22/10/2019

October 23, 2019 17784 Views 1 comment Print

Ministry of Corporate Affairs (MCA) vide its Notifications dated 22/10/2019 has introduced – – Companies (Appointment and Qualification of Director) Fifth Amendment Rules, 2019, – Companies (Creation and Maintenance of databank of Independent Directors) Rules, 2019 and – Companies (Accounts) Amendment Rules, 2019. which shall come into force w.e.f. 01/12/2019. Companies (Appointment and Qualification of […]

Corporate Social Responsibility-Treatment of Unspent Amount

October 23, 2019 33012 Views 7 comments Print

Every company having net worth of rupees five hundred crore or more, or turnover of rupees one thousand crore or more or a net profit of rupees five crore or more during the immediately preceding financial year] shall constitute a Corporate Social Responsibility Committee of the Board consisting of three or more directors, out of which at […]

List of Important E-Forms In relation to Incorporation of Companies

October 23, 2019 8844 Views 0 comment Print

List of Important E-Forms In relation to Incorporation of Companies Under Companies Act, 2013 INC-3 : Form for consent of Nominee Of OPC. INC-4 : Intimation to ROC Regarding Change in Member/Nominee Of OPC. INC-5 : Intimation by OPC to ROC Of Exceeding Threshold in terms of Paid Up Share Capital : RS 50 Lakhs […]

Online Proficiency Assessment Test for Independent Directors under Companies Act, 2013

October 23, 2019 40260 Views 12 comments Print

Online Proficiency Assessment Test For Independent Directors Under Companies Act, 2013 The Ministry of Corporate Affairs with intent to foster the growth of Corporate Governance across the Boards has introduced slew of amendments in the Companies Act, 2013 and rules made there under by introducing the much awaited proficiency examinations for the Independent Directors (ID) […]

Independent Directors – Proficiency & Selection under Companies Act, 2013

October 23, 2019 2724 Views 1 comment Print

The Ministry of Corporate Affairs (MCA) has, vide notification dated 22nd October, 2019, notified the Companies (Appointment and Qualification of Directors) Fifth Amendment Rules, 2019 which shall substitute Rule 6 of the Companies (Appointment and Qualification of Directors) Rules, 2014. The amendment rules shall come into force w.e.f. 1st December, 2019. Given below is the […]

Independent Directors–MCA new rules

October 23, 2019 9786 Views 3 comments Print

Ministry of Corporate affairs has notified four new rules as on 22nd October, 2019 namely Data Bank Notification relating to IICA, Companies (Accounts) Amendments Rules, 2019, Companies (Creation and Maintenance of Databank of Independent Directors) Rules, 2019 and Companies (Appointment and Qualification of Directors) Fifth Amendment Rules, 2019. There are two things that need to […]

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