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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


Common Mistakes to Avoid While Filing an OPC Annual Return

Company Law : One Person Companies (OPCs) need to record annual returns to remain compliant with legal requirements. However, many business owne...

March 30, 2025 240 Views 0 comment Print

Strike Off of Private Limited Companies: A Comprehensive Guide

Company Law : The process of striking off a private limited company refers to the removal of a company’s name from the Register of Compani...

March 25, 2025 1023 Views 3 comments Print

Appointment of CTO, COO, and CMO as KMP: Compliance Guide

Company Law : Appointment of other officer such as CTO, COO, and CMO as Key Managerial Personnel (KMP) under Companies Act, 2013 – Key Con...

March 24, 2025 1146 Views 0 comment Print

Forms Required for Pvt. Ltd Annual Filing: AOC-4 and MGT-7

Company Law : Private Limited Companies in India ought to observe annual filing necessities to keep transparency and prison standing. This artic...

March 23, 2025 657 Views 0 comment Print

Overview of Legal Framework Governing Cost Records & Cost Audits in India

Company Law : Cost audit and cost records serve as essential tools for achieving these objectives, enabling companies to monitor, control, an...

March 23, 2025 414 Views 0 comment Print


Latest News


Deloitte Inspection: NFRA Notes Progress, Flags Lingering Issues

Company Law : NFRA's 2023 inspection of Deloitte Haskins & Sells LLP finds improvements but notes ongoing issues in key audit areas....

March 30, 2025 360 Views 0 comment Print

NFRA Series on Auditor-Audit Committee Interaction: Related Party Audits

Company Law : NFRA highlights auditor responsibilities in related party transactions, emphasizing compliance with Ind AS 24, SEBI regulations, a...

March 30, 2025 207 Views 0 comment Print

Audit Strategy & Planning – SA 300: NFRA’s Guidance for Auditors

Company Law : NFRA outlines audit strategy and planning requirements, emphasizing auditor communication with audit committees and compliance wit...

March 30, 2025 426 Views 0 comment Print

NFRA Finds Unresolved Issues in Walker Chandiok’s 2023 Audit Inspection

Company Law : NFRA's 2023 inspection of Walker Chandiok & Co. LLP reveals ongoing issues in independence and audit procedures....

March 30, 2025 402 Views 0 comment Print

NFRA Finds Continued Independence Issues at SRBC & Co. LLP in 2023 Inspection

Company Law : NFRA's 2023 inspection of SRBC & Co. LLP highlights audit quality issues, independence concerns, and compliance with auditing stan...

March 30, 2025 189 Views 0 comment Print


Latest Judiciary


Beneficiary under personal guarantee entitled to file application u/s. 95 of IBC

Company Law : NCLAT Delhi held that beneficiary under the personal guarantee is fully entitled to initiate Personal Insolvency Resolution Proces...

March 27, 2025 90 Views 0 comment Print

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 108 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 282 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 231 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 240 Views 0 comment Print


Latest Notifications


Companies Act Section 42, 55 & 62 Violation: MCA reduces Penalty from ₹13.9 Lakh to ₹1.1 Lakh

Company Law : Summary of the appeal by Aaryak Jewellery Pvt Ltd against penalties under Sections 42, 55, and 62 of Companies Act, 2013. Decision...

March 29, 2025 270 Views 0 comment Print

MCA reduces Penalty in Share Certificate Delay Case

Company Law : River Mobility Pvt. Ltd. appealed against a ₹3L penalty for delayed share certificate issuance. ITAT reduced it to ₹1L. Read t...

March 29, 2025 528 Views 0 comment Print

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 267 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 267 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 6900 Views 1 comment Print


Brief Note on IFSC COMPANIES

January 29, 2017 147426 Views 5 comments Print

IFSC stands for INTERNATIONAL FINANCIAL SERVICES CENTRES. An IFSC caters to customers outside the jurisdiction of the domestic economy. Such centres deal with flows of finance, financial products and services across borders.

Companies (Incorporation) Amendment Rules, 2017

January 25, 2017 9876 Views 1 comment Print

The Certificate of Incorporation shall be issued by the Registrar in Form No.INC-1 1 and the Certificate of Incorporation shall mention permanent account number of the company where if it is issued by the Income-tax Department

Employees’ Provident Funds (Second Amendment) Scheme, 2017

January 24, 2017 1401 Views 0 comment Print

G.S.R. 67(E).—In exercise of powers conferred by section 5, read with sub-section 1 of section 7 of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952), the Central Government hereby makes the following scheme further to amend the Employees’ Provident Funds Scheme, 1952

Practical Guide to Postal Ballot – Listed Company

January 24, 2017 41247 Views 4 comments Print

Brief/Introduction: Postal ballot means ballot conducted by mail or electronic means; a system of voting in which people send their votes by post/ electronic means. Experience of several decades have shown most of the shareholders who reside in far-flung areas are unable to attend Annual or Extraordinary General Meetings.

Overview of companies (accounting standards) amendment rules, 2016

January 21, 2017 7894 Views 0 comment Print

Financial Reporting of Companies for the year ended 31st March, 2017 is expected to change due to the applicability of Companies (Accounting Standards) Amendment Rules, 2016. Ministry of Corporate Affair has notified the Companies (Accounting Standards) Amendment Rules, 2016 on 30th March, 2016

Nomination of Shares and Rights of Nominees

January 20, 2017 91384 Views 11 comments Print

Companies Act, 2013 allows a shareholder to make nomination with regard to shares held by him in a company. A nomination is a written mandate given by a shareholder to a company describing a particular person, to whom the shares held in the company shall vest in the event of death of the shareholder.

PAN / TAN to be applied compulsorily with fresh incorporation application

January 19, 2017 6487 Views 0 comment Print

Applying for PAN / TAN will be compulsory for all fresh incorporation applications filed in the new version of the SPICe form on or after 23 January 2017.

Reduction of Share Capital under Companies Act, 2013 – A Complete Analysis of Section & Rules.

January 18, 2017 12883 Views 1 comment Print

This Article deals with Detailed Procedure for Reduction of Share Capital under Companies Act, 2013 and Rules made there under.

Registered Valuer – A New Opportunity To Explore

January 18, 2017 5281 Views 0 comment Print

In todays world of extensive database, decisions are highly quantitative and appropriately assessed. To reach to the stage of qualitative and assessed decisions in business, one needs to acquire professional skills in valuation. In order to be successful finance professional, skills in valuation and financial modelling have become indispensable tool.

Audit Committee: A Keystone to Corporate Governance

January 17, 2017 8116 Views 9 comments Print

An AUDIT COMMITTEE is a key element in the corporate governance process of any organization. An audit committee is an operating committee of a company’s Directors that is in charge of overseeing financial reporting and disclosure.

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