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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


Reporting Loans, Guarantees, Securities & Investments under CARO, 2020

Company Law : Learn about CARO, 2020 guidelines for reporting loans, guarantees, security, and investments by companies to ensure compliance and...

July 18, 2024 381 Views 0 comment Print

Reporting Paragraphs in Audit Report & FAQs on Audit Trail under Rule 11(g)

Company Law : Ensure compliance with updated Reporting on Audit Trail under Rule 11(g) of the Companies (Audit and Auditors) Rules, 2014 for 202...

July 18, 2024 606 Views 0 comment Print

Threshold Limits under Companies Act, 2013: Comprehensive Guide

Company Law : Explore various threshold limits under the Companies Act, 2013, with detailed compliance requirements for listed, public, and priv...

July 17, 2024 1182 Views 0 comment Print

Everything about Latest Amendment in DIR 3 KYC

Company Law : Understand the latest changes in DIR-3 KYC, including rules for updating email IDs and mobile numbers, fees, and filing details. L...

July 17, 2024 1074 Views 0 comment Print

Board report & financial statement Signing: Companies Act & SEBI (LODR)

Company Law : Understand the nuances of signing board reports and financial statements under Companies Act and SEBI (LODR). Learn who must sign ...

July 15, 2024 861 Views 0 comment Print


Latest News


Govt. report on Cost Accounting Records & Cost Audit 2024

Company Law : Explore ICMAI detailed analysis of the Govt. committee report on enhancing cost audit effectiveness. Read insights & recommendatio...

July 10, 2024 1059 Views 0 comment Print

Issues in filing of return in Form DPT-3 for financial year ending 31.03.2024

Company Law : Discover the challenges faced by the Institute of Company Secretaries of India in filing Form DPT-3 for FY 2023-24. Learn about te...

June 28, 2024 93 Views 0 comment Print

ESI/EPF Registration in e-form AGILE-PRO-S: Request to Develop Optionality

Company Law : Explore the challenges faced by newly incorporated companies regarding mandatory ESI and EPF registrations in India, with proposed...

May 24, 2024 186 Views 0 comment Print

ICAI CCM Dhiraj Khandelwal clarifies on NFRA Order

Company Law : Delve into the NFRA order controversy with detailed analysis on penalty imposition, opinion disparities, and key issues. Gain insi...

April 30, 2024 10212 Views 0 comment Print

Processing Delays of MCA Forms – Challenges and Solutions

Company Law : Explore the issues and challenges in processing MCA forms at CPC. Learn about the proposed solutions for timely approval and the i...

April 30, 2024 252 Views 0 comment Print


Latest Judiciary


Lending institutions financing home purchases cannot be classified as financial creditors under IBC

Company Law : It is not the scope & objective of IBC to include Banks Financial Institutions who advanced loans to Home Buyers to be considered ...

July 20, 2024 141 Views 0 comment Print

U.S. Bankruptcy Court Moratorium Order Not Automatically Enforceable in India

Company Law : Explore the Calcutta High Court's decision in Uphealth Holdings, INC. Vs Dr. Syed Sabahat Azim & Ors. regarding the applicability ...

July 14, 2024 222 Views 0 comment Print

NCLT Grants Zee’s Request to Withdraw Merger Implementation Application

Company Law : Read the full NCLT judgment where Zee Entertainment Enterprises Limited sought to withdraw its merger with Sony Groups, impacting ...

July 10, 2024 162 Views 0 comment Print

What If You Have Lost Your Debenture Certificate?

Company Law : Explore the implications of issuing duplicate debenture certificates under the Companies Act, 2013. Learn about legal remedies, as...

July 4, 2024 333 Views 0 comment Print

Pending Section 230 Companies Act Scheme Doesn’t Bar CIRP Admission: NCLAT

Company Law : Explore the detailed judgment in the Grand Developers Pvt. Ltd. vs. Nitin Batra & Ors. case by NCLAT Delhi, including key argument...

July 3, 2024 306 Views 0 comment Print


Latest Notifications


Nidhi (Amendment) Rules, 2024

Company Law : Discover the key changes in the Nidhi (Amendment) Rules, 2024. Learn how the new rules impact Nidhi companies and their naming con...

July 19, 2024 186 Views 0 comment Print

MCA merges IEPF-3 with IEPF-4 & IEPF-7 with IEPF-1 & Changes payment process

Company Law : General Circular No- 07/2024: Forms IEPF-3 merges with IEPF-4 and IEPF-7 with IEPF-1 in MCA Version 3. Simplifying compliance for ...

July 17, 2024 294 Views 0 comment Print

Additional fee on filing of various IEPF e- forms waived till 16th August, 2024

Company Law : Circular No. 06/2024 MCA has waived the additional fee for filing various IEPF e-forms (IEPF-1, IEPF-1A, IEPF-2, IEPF-4) and e-ver...

July 16, 2024 198 Views 1 comment Print

IEPF Authority (Accounting, Audit, Transfer and Refund) Amendment Rules, 2024

Company Law : IEPF Authority (Accounting, Audit, Transfer and Refund) Amendment Rules, 2024: Streamlining online transfers and updated forms. Re...

July 16, 2024 249 Views 0 comment Print

MCA Eases Naming Rules for Nidhi Companies

Company Law : Check out the latest Companies (Incorporation) Amendment Rules 2024 issued by Ministry of Corporate Affairs, omitting word Nidhi f...

July 16, 2024 807 Views 1 comment Print


Companies (Cost Records and Audit) Amendment Rules, 2015

June 12, 2015 6012 Views 0 comment Print

G.S.R. 486(E).- In exercise of the powers conferred by sub-sections (1) and (2) of section 469 and section 148 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (cost records and audit) Rules, 2014

Application of Schedule-II of Companies Act, 2013 and Contradiction with AS-6

June 12, 2015 35040 Views 0 comment Print

-With the introduction of the Companies Act, 2013, the method of charging depreciation on fixed assets has been changed. In the Companies Act, 1956, the depreciation had been charged with the percentage of rate prescribed under schedule-XIV thereof, but in new Companies Act, 2013, depreciation is going to be charged on the basis of useful life of tangible assets prescribed under schedule-II thereof.

Right Issue of Shares under Companies Act,2013

June 12, 2015 378555 Views 32 comments Print

Background- As per Section 62(1) of the Companies act, 2013 if the Company decides to issue fresh shares, these should be offered to existing shareholders in proportion to existing persons who are holders of equity shares.‘Right Issue’ means offering shares to existing members in proportion to their existing share holding. The object is, of course, to ensure equitable distribution of Shares and the proportion of voting rights is not affected by issue of Fresh shares.

Wholly Owned Subsidiary of Foreign Company under Companies Act, 2013

June 12, 2015 117581 Views 10 comments Print

This article is intended for those companies or startups that have registered their companies outside India and want to operate in India as part of a foreign company. A company can be registered as private limited or public limited. A private limited company is a closely held company and enjoys the privileges given by the Companies Act, 2013.

Foreign Company Establishment & Compliances – Companies Act 2013

June 12, 2015 47708 Views 5 comments Print

As Per Section 2 (42) Foreign company is a company or body corporate incorporated outside India which (a) has a place of business in India whether by itself or through an agent, physically or through electronic mode; and (b) conduct any business activity in India in any other manner Simple definition give understanding that even […]

Procedure for Transmission of Shares

June 12, 2015 21002 Views 3 comments Print

Shares are movable property. Its ownership can change hands. If ownership of shares goes from one person by voluntary act of parties, it is termed as Transfer of Shares. If the ownership of shares goes to another by operation of law. It is called transmission of shares. Transmission is involuntary transfer of ownership of shares […]

Statutory Auditors to Attend AGM Compulsorily?

June 11, 2015 53517 Views 0 comment Print

The Company jurisprudence in India enshrines statutory auditors who audit the accounts of a company as representatives of the shareholders who appoint them at every Annual General meeting {AGM} to look after the interest of the shareholders.

Chart on Penalties under Companies Act 2013

June 11, 2015 127855 Views 0 comment Print

Company and every officer of the company who is in default or such other person shall be punishable with fine which may extend to ten thousand rupees and where the contravention is continuing one with a further fine which may extend to one thousand rupees for every day after the first during which the contravention continues.

Plethora of exemptions to government companies!!!!

June 11, 2015 2340 Views 0 comment Print

Ever since the draft notifications were placed before the Parliament, companies have been eagerly waiting for the approval and promulgation of the same. Finally the exemption notifications saw the light of day with MCA releasing 4 exemption notifications in bulk on June 05, 2015. Among the four notifications, one notification pertains to Government Companies (‘Govt. […]

Section 188 – Related Party Transactions

June 11, 2015 3106 Views 0 comment Print

Manshi Baid The definition of Related Party is given in Clause (76) of section 2 of Companies Act 2013 . This section provides that a related party for a company are :- 1.      A director or his relative 2.      A key managerial personnel or his relative 3.      A firm in which director , manager or […]

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