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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


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 258 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 732 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 831 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 1014 Views 0 comment Print

Share Capital Reduction: Process, Impact & Key Implications

Company Law : Learn about share capital reduction under Section 66 of the Companies Act 2013, its process, financial impact, and implications fo...

February 7, 2025 441 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 171 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 129 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 14256 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 87 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 6522 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 177 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 345 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 237 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 3864 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 450 Views 0 comment Print


Mandating Board Diversity in India

June 15, 2015 8338 Views 0 comment Print

 Amitav Ganguly MANDATING AND MEANING OF DIVERSITY The listing agreement under Securities Contracts {Regulation} Act 1956, for the first time has mandated companies whose shares are listed on stock exchanges to formulate, publish and implement a Board Diversity Policy. The term “diversity” of Board of Directors {Board} has not been defined in the Companies Act […]

Exemptions to Private Companies (other than subsidiary of a public company)

June 15, 2015 2493 Views 0 comment Print

Exemptions to Private Companies (other than the subsidiary of a public company) [Issued under section 462(1) (a) & (b)]. MCA issued the Notification dated 5th may 2015 by which it has provided for much awaited exemptions to Private Companies. After this notification now the private companies are relieved from the stringent compliance of the act.

Types of Director under Companies Act 2013

June 15, 2015 275713 Views 8 comments Print

I. Definition:- As per Section 2(34) of Companies Act 2013 Director means a director appointed to the Board of a Company.  II. Responsibility:- The board of directors of a company is primarily responsible for: determining the company’s strategic objectives and policies; monitoring progress towards achieving the objectives and policies; appointing senior management; accounting for the company’s activities to relevant […]

SS-1 Secretarial Standard on Meetings of the Board of Directors

June 14, 2015 61054 Views 2 comments Print

1. Applicable to all Companies Board Meetings and Committees Meetings except One Person Company [OPC]. 2. Convene of the Meeting- · Any one of the Director /Company Secretary / other person authorised by the Board of Directors. · Every Meeting shall have serial number

SS-2 Secretarial Standard on General Meetings of Companies

June 14, 2015 7057 Views 0 comment Print

1. Convening a Meeting- · A General Meeting shall be convened by or on the authority of the Board. · Notice in writing of every Meeting shall be given to every Member of the company. Such Notice shall also be given to the Directors and Auditors of the company, to the Secretarial Auditor, to Debenture Trustees, if any,

Exemptions and Relaxations to Private Companies from Few Provisions of CA, 2013

June 12, 2015 3854 Views 0 comment Print

The Ministry of corporate Affairs has released the much awaited exemptions for Private Companies, Government Companies, Nidhi Companies and Companies registered under Section 8 of the Companies Act, 2013 (Act). Since the introduction of the Companies Act, 2013 in September 2013, these companies were reeling under the pressure of the rigorous provisions of the Act and the compliances required therein.

Recent Changes In Voting Methodology under Companies Act, 2013 and Listing Agreement

June 12, 2015 10796 Views 0 comment Print

CS S. Dhanapal Rise Of The Era Of Shareholder Primacy (Covering Evoting – Poll – Postal Ballot under the Companies Act, 2013 and Listing Agreement) E-VOTING Companies Act, 2013 for the first time had mandated electronic voting for all listed companies and other unlisted public companies having not less than 1000 shareholders and the AGMs […]

Extension of time for filing of Notice of appointment of Cost Auditor

June 12, 2015 2649 Views 0 comment Print

Extension of time for filing of Notice of appointment of the Cost Auditor for the F.Y. 2015-16 in Form CRA-2 and filing of cost audit report to the Central Government for the F.Y. 2014-15 in form CRA-4. General Circular No. 08/2015 Dated: 12th June, 2015

Companies (Cost Records and Audit) Amendment Rules, 2015

June 12, 2015 6138 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 35793 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.

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