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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


MCA Issues Show Cause Notices for Cost Audit Non-Compliance

Company Law : MCA issues notices for non-filing or delayed filing of cost audit reports under Section 148 of the Companies Act. Learn about pena...

April 2, 2025 2403 Views 0 comment Print

Responsibility of Independent Director For Defaults of Company

Company Law : Court clarifies independent directors' liability, requiring proof of involvement in financial misconduct before defaulter classifi...

April 2, 2025 600 Views 0 comment Print

Demat Deadline Extended: Impact on Non Small Private Limited Companies

Company Law : MCA extends demat deadline to June 30, 2025. This impacts non-small private companies, allowing physical share transfers until the...

April 2, 2025 420 Views 0 comment Print

Stamp Duty on Issuance of Share Certificate In Delhi (Physical/ Demat)

Company Law : Understand stamp duty on share certificates in Delhi for physical and demat shares. Learn rates, payment procedures, and legal com...

April 2, 2025 159 Views 0 comment Print

Does Non-Filing of Annual Forms for 3 Years Automatically Disqualify a Director

Company Law : Directors face automatic disqualification under Section 164(2) of the Companies Act for non-filing of financial statements for 3 y...

April 2, 2025 498 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 468 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 285 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 540 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 516 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 240 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 99 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 111 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 288 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 234 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 453 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 573 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 273 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 273 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 6915 Views 1 comment Print


Violation of Section 90 of Companies Act 2013: MCA imposes ₹18 Lakh Penalty

May 6, 2024 14949 Views 0 comment Print

Understand the penalty imposed on Leixir Resources Pvt Ltd for violating Section 90 of the Companies Act 2013. Detailed analysis and insights provided.

Non inclusion of PAN & email IDs of allottees in Form PAS-3: MCA imposes Penalty

May 6, 2024 471 Views 0 comment Print

Registrar of Companies Chennai imposes penalties on Kurunji Nidhi Ltd and its Managing Director for violating Rule 14(6) of the Companies (Prospectus & Allotment of Securities) Rules, 2014.

Non inclusion of occupation of allottees in Form PAS-3: MCA imposes Penalty

May 6, 2024 420 Views 0 comment Print

The Registrar of Companies Chennai imposes a ₹20,000 penalty on Kurunji Nidhi Limited for non-compliance with securities allotment rules.

Guide to Strike-off a Nidhi Company: Process, Prerequisites & Documents

May 6, 2024 2754 Views 0 comment Print

Learn how to close a Nidhi Company due to non-compliance or voluntary decision. Explore the applicable provisions, prerequisites, process, and essential documents required for strike-off.

Kerala HC Directs on Nidhi Companies: Operations Shouldn’t Become Impossible

May 5, 2024 1458 Views 0 comment Print

Kerala High Court issues directions on Nidhi Companies’ status, highlighting concerns over recent amendments, financial regulations, and operational challenges. Read the detailed analysis here.

Detailed Process for Right Issue of Shares

May 5, 2024 10347 Views 3 comments Print

Right issue of shares is a process by which a company raises further capital. This is done by offering a right to the existing shareholder to acquire shares, usually at a lower price compared to its market value.

Failure to mention CIN & Contact details on Official Documents: MCA imposes Penalty

May 5, 2024 384 Views 0 comment Print

Credii Technologies fined for non-compliance with section 12(3)(c) of the Companies Act, 2013. Penalties imposed on company and its MD.

Non-disclosure of Beneficial Shareholding: MCA Imposes Penalty

May 5, 2024 858 Views 0 comment Print

Understand the penalty imposed on Step1 Advertising Pvt Ltd by the Registrar of Companies, NCT of Delhi & Haryana, for non-compliance with Section 89 of the Companies Act, 2013.

Shareholder activism & it’s influence on corporate governance practices in India

May 4, 2024 1974 Views 1 comment Print

Explore the impact of shareholder activism on corporate governance practices in India. Learn how activist shareholders influence decision-making and governance structures in companies, shaping the landscape of corporate accountability and transparency.

Unlocking Transparency: A Deep Dive into Directors Disclosure of Interest [Section 184 of Companies Act, 2013]

May 4, 2024 4881 Views 0 comment Print

Understand the nuances of Section 184 of the Companies Act, 2013 regarding directors’ disclosure of interest in contracts or arrangements. Learn about key terms, legal provisions, and implications for corporate governance.

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