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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 96 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 813 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 4419 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


No approval taken from Ministry of law in NCLT member appointment vacancy advertisement

September 25, 2019 936 Views 0 comment Print

A-44/50/2019-Ad.IV Government of India Ministry of Corporate Affairs 5′ Floor, ‘A’ Wing, Shastri Bhawan Dr. R. P. Road, New Delhi-110001 Date: 25 Sept, 2019 To. Shri Nipun Singhvi, 111-112 University Plaza, Above Chocolate Room, Vinjay Cross Roads, Ahmedabad-380009 Subject- Information sought under the Right to Information Act, 2005. Sir. I am to refer to your […]

Allotment of Securities by Company- Relevant Provisions

September 25, 2019 10020 Views 0 comment Print

Q.1 WHAT ARE THE PROVISIONS OF COMPANIES ACT RELATED TO ALLOTMENT OF SECURITIES? (1) No allotment of any securities of a company offered to the public for subscription shall be made unless the amount stated in the prospectus as the minimum amount has been subscribed and the sums payable on application for the amount so […]

Time limit for filing e-form No. BEN-2 extended upto 31.12.2019

September 24, 2019 5103 Views 0 comment Print

General Circular No. 10/2019– Time limit for filing e-form No. BEN-2 is extended upto 31.12.2019 without payment of additional fee and thereafter fee and additional fee shall be payable. Consequent to the extension in the date of filing of e-Form BEN-2, the date of filing of Form BEN-1 may be construed accordingly. General Circular No. […]

Formation of Company- An Overview

September 24, 2019 2214 Views 0 comment Print

Formation of Company- An Overview Q.1 Why company is formed? (1) A company may be formed for any lawful purpose by— (a) seven or more persons, where the company to be formed is to be a public company; (b) two or more persons, where the company to be formed is to be a private company; […]

Restriction on Number of Directorships | Section 165

September 24, 2019 44448 Views 5 comments Print

Section 165 : Number of directorships- With an intention to make certain that directors provide bona fide attention and do justice to the position of directorship in all the companies on which they are directors, a maximum ceiling on the number of directorships has been stipulated by the government.

Certificate of Shares- Relevant Provisions

September 23, 2019 4179 Views 0 comment Print

Section 46 of Companies Act, 2013– Share Certificate? (1) A certificate, issued under the common seal, if any, of the company or signed by two directors or by a director and the Company Secretary, wherever the company has appointed a Company Secretary], specifying the shares held by any person, shall be prima facie evidence of […]

Notice of Annual General Meeting

September 22, 2019 170310 Views 2 comments Print

Since, every company is required as per section 96 to hold its Annual General Meeting within 6 months of closure of its accounts except in case of newly formed companies. For conducting the Annual General Meeting, a notice under Section 101 of Companies is required to be sent to all the members of the company […]

Section 8 Companies- A Corporate Form of Non-Profit Organisation

September 22, 2019 51156 Views 2 comments Print

India’s rich experience in philanthropy which received more publicity over last few years and many wealthy individuals are coming forward to donate for country’s poor. Non Governmental organizations (NGO) are also playing great role in this process. Tata Trusts, a CSR wing of Tata Group, is directly involving in charitable activities in pursuance to its […]

Can a sole/single member complain against affairs of charitable company

September 22, 2019 1194 Views 1 comment Print

Can a sole/single member complain against the affairs of the company formed for charitable objects for the conducted in a manner prejudicial to public interest under section 241 of the companies act The fundamental principle defining operation in democracy is that the rule of majority shall prevail. However, it is also necessary to ensure that […]

Meaning of Independent Director

September 22, 2019 45093 Views 10 comments Print

An Independent Director  is a non-executive director of a company and helps the company in improving corporate credibility and governance standards. Section 149 of the Companies Act, 2013 falls under chapter XI – Appointment and Qualification of Directors. The applicable rules are Companies (Appointment & Qualification of Director) Rules, 2014.

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