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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 105 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 390 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 816 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 4905 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


eForm STK-2 -Application to remove company name from register of companies

April 5, 2017 14433 Views 0 comment Print

eForm STK-2 is required to be filed pursuant to Section 248(2) of the Companies Act, 2013 and rule 4, 5, 6 & 8 of the Companies (Removal of Names of Companies from the Register of Companies) Rules, 2016 which are hereunder for your reference:

All about e-Form DIR-12 and DIR-11

April 3, 2017 474996 Views 33 comments Print

e-Form DIR-12 is required to be filed for Appointment/Resignation or in case of Change in Designation of Directors of the Company by the Company pursuant to Sections 7(1) (c), 168 & 170 (2) of the Companies Act, 2013

New disclosure and reporting requirement in Auditor’s Report

April 3, 2017 10788 Views 1 comment Print

Regarding disclosure requirement and reporting requirement in the Auditor’s Report that the company has provided requisite disclosures in its financial statements as to holdings as well as dealings in Specified Bank Notes during the period from 8th November, 2016 to 30th December, 2016. We would like to inform you that the Ministry of Corporate Affairs has […]

Fast track Exit / Strike-off under section 248 of Companies Act, 2013 read with Companies (Removal of Name of Companies) Rules, 2016

April 1, 2017 72771 Views 2 comments Print

1. ROC has the power to remove the name of companies from Register of companies under section 248 of companies act, 2013. ROC can suo-motu or on application of a company issue notice for strike off of name of companies on following reasons/causes

Cabinet approves moving of Companies (Amendment) Bill, 2016

April 1, 2017 1989 Views 0 comment Print

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the proposal to move official amendments to the Companies (Amendment) Bill, 2016. The Bill will be introduced in the Parliament.

Analysis of MCA Amendment for Disclosure of Specified Bank Notes in Final Accounts & Auditors Report

March 31, 2017 8721 Views 5 comments Print

With a view of curbing Black Money in the economy the Ministry of Finance by its notification dated 08.11.2016 had discontinued the then Rs. 500 & Rs. 1000. Still various corporate were found to be involved in transactions which were illegal in nature.

Disclosrue of Specified Bank Notes in Balance Sheet

March 31, 2017 10827 Views 2 comments Print

As per MCA Notification No. G.S.R. 308(E) dated 30th March, 2017 In the Companies Act, 2013, in Schedule III, in Division I, in Part I under the heading General instructions for preparation of Balance Sheet in paragraph 6, after clause W, the following clause shall be inserted

How to Apply for Director Identification Number

March 31, 2017 7098 Views 1 comment Print

An Application Shall be made in Form DIR-3 pursuant to Section 153 & 154 of the Companies Act, 2013 by the person who wish to apply for the same and such form shall be filed with MCA online along with Verification of Language as mentioned in Form DIR-3

Revised special resolution requirement for Related Party Transactions

March 30, 2017 12126 Views 0 comment Print

Sale, purchase or supply of any goods or material, directly or through appointment of agent, amounting to ten per cent. or more. of the turnover of the company or rupees one hundred crore, whichever is lower, as mentioned in clause (a) and clause (e) respectively of sub-section (1) of section 188

Auditors report to disclose dealings in Specified Bank Notes during demonetisation

March 30, 2017 34539 Views 0 comment Print

Auditors to report whether the company had provided requisite disclosures in its financial statements as to holdings as well as dealings in Specified Bank Notes during the period from 8th November, 2016 to 30th December, 2016 and if so, whether these are in accordance with the books of accounts maintained by the company

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