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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 2442 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 609 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 432 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 165 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 504 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 459 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


Passing a resolution through Postal Ballot (E-Voting)

May 4, 2024 9630 Views 0 comment Print

Learn the step-by-step process of passing a resolution through Postal Ballot (E-Voting) under the Companies Act 2013. Understand the legal provisions and procedural requirements.

Non-Maintenance of Minutes Book & related documents: MCA Imposes Penalty

May 4, 2024 2004 Views 0 comment Print

Read about the penalty imposed by MCA for failure to maintain minutes book and related documents under Companies Act, 2013. Get insights into the violation and penalties

Difference between Preferential Allotment and Private Placement

May 4, 2024 28944 Views 2 comments Print

Preferential Allotment and Private Placement are two distinct mechanisms through which companies can issue securities to select groups of investors. While both serve similar purposes, they have key differences as defined under the provisions of the Companies Act, 2013.

Mandatory Disclosures in Companies Board of Directors Report

May 3, 2024 7419 Views 1 comment Print

Understand mandatory disclosures in a company’s board report as per the Companies Act, 2013. Learn about key sections and transparency requirements.

Non-disclosure of Interest by Directors in First Board Meeting: MCA imposes Penalty

May 3, 2024 1152 Views 0 comment Print

MCA imposes penalty under Section 454 for violation of Section 184(1) of the Companies Act, 2013, due to directors’ non-disclosure of interest in first board meeting.

Process & Provisions of Incorporation of Subsidiary of Company

May 3, 2024 3042 Views 0 comment Print

Learn about the process & provisions for incorporating a subsidiary company in India, including necessary documents, regulations, and requirements for foreign entities.

Process & Provisions of Incorporation of Producer Company

May 3, 2024 1416 Views 1 comment Print

A producer company combines the best features of a cooperative society and a Private Limited Company, offering collective benefits to its member producers under a robust and definitive legal framework. Only business entities registered as Private Limited Companies are eligible for Producer Company registration in India. Hence, the entire process of registering a Producer Company is like that of a Private Limited Company.

Penalty for Delay in Filing of Form MSME-1

May 3, 2024 20595 Views 0 comment Print

The submission of MSME-1 is not only a requirement of the Companies Act, but it also has implications on the Income Tax Act and affects the statutory auditor of the company. As a statutory auditor, it is necessary to include a report in the financial statement regarding the delay in payment to MSME vendors, as […]

Direct Listing Of Share Of Indian Companies Overseas Through IFSC GIFT City

May 2, 2024 1074 Views 0 comment Print

Explore the recent provision allowing Indian companies to directly list their shares overseas through IFSC GIFT City. Understand the implications and eligibility criteria.

Violation of section 90(1),90(2) & 90(4A) of Companies Act, 2013: MCA Imposes ₹12 Lakh Penalty

May 2, 2024 909 Views 0 comment Print

Learn about penalties imposed by the Ministry of Corporate Affairs on Green Planet Energy for violations of Companies Act, 2013. Detailed analysis included.

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