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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 123 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 399 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 831 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 5475 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 1038 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 141 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 14259 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 6609 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 354 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


Incorporation of wholly owned subsidiary in India

December 1, 2016 58672 Views 4 comments Print

In case of WOS of foreign company, foreign company wants to use same prefix as per their foreign company of incorporation of Indian company, NOC form the foreign company on their letter head required to use prefix.

Ordinary Course of Business under Companies Act, 2013

November 24, 2016 25033 Views 1 comment Print

Since the introduction of the Company’s Act Provisions and especially in the context of Sec. 180, 185 & 188 etc., Ordinary course of business word becomes the matter of discussion. Like, as per section 188, if Company does the transaction on the arm’s length basis and in the nature of ordinary course of business then no approval required for transacting business specified under section 188.

Woman directorship – preceptive or expedient

November 24, 2016 3862 Views 1 comment Print

With the introduction of new Companies Act, 2013, there’s mandatory inclusion of at least one woman director in the Board of every prescribed class of companies

No further extension for filing of Annual Returns with MCA

November 23, 2016 2485 Views 0 comment Print

There will be no extension of last date beyond 29th Nov 2016 for filing financial statements and Annual Returns using eforms AoC-4/AoC-4 (XBRL)/AoC-4 CFS or MGT-7

Amendment in Depreciation schedule of Companies Act

November 17, 2016 5518 Views 0 comment Print

For intangible assets, the relevant Indian Accounting Standards (Ind AS) shall apply. Where a company is not required to comply with the Indian Accounting Standards (Ind AS), it shall comply with relevant Accounting Standards under Companies (Accounting Standards) Rules, 2006.

Designation of Special Court at Meghalaya for company law offences

November 17, 2016 961 Views 0 comment Print

High Court of Meghalaya, hereby designates the following Court as Special Court for the purposes of providing speedy trial of offences punishable with imprisonment of two years or more under the Companies Act, 2013, namely:-

“Small Shareholders’ Director” under Companies Act, 2013 : Detailed Study

November 17, 2016 26101 Views 4 comments Print

According to Section 151 of Companies Act, 2013 every listed company may have one director elected by small shareholders. For purpose of this section, small shareholder means a shareholder holding shares of nominal value of not more than twenty thousand rupees or such other sum as may be prescribed.

Analysis of Section 185 of Companies Act, 2013- Loan to Directors

November 17, 2016 25480 Views 0 comment Print

Sec 185 is applicable to both Public and Private Company. However A Private Company which satisfies the following conditions w.e.f. 5th June 2015 would not invite restrictions contained in section 185

Analysis of CSR expense of 7334 Companies for FY 2014-15

November 17, 2016 3601 Views 0 comment Print

Out of 10475 eligible companies, 7334 have reported as of 31st January 2016. Out of these reporting companies only 3139 have done some expenditure on CSR.

Section 2(85)- Small Company as per Companies Act 2013

November 15, 2016 187510 Views 2 comments Print

Company can claim to be small company as per Act on fulfilling the following provisions: 1) Company should be Private Limited 2) Paid Up capital should not be more than Rs. 50 Lakh 3) Turnovers should not exceed more than Rs. 2 cr

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