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.
Company Law : Explains Directors’ Report requirements under the Companies Act, 2013, including AOC-1, AOC-2, CSR disclosures, applicability, s...
Company Law : Article reviews Indian and UK court rulings stressing verification of AI-generated legal research and rejecting reliance on fake j...
Company Law : Learn which companies must file MGT-7 or MGT-7A, when MGT-8 certification is mandatory, and how the Companies (Management and Admi...
Company Law : The Companies Act, 2013 requires most companies to hold four Board Meetings annually, while OPCs, Small Companies, and Dormant Com...
Company Law : This guide provides a complete AGM compliance tracker covering pre-AGM, AGM-day, post-AGM, and IEPF obligations under the Companie...
Company Law : MCA has cautioned stakeholders against phishing calls, WhatsApp messages, emails, fake websites, and ZIP attachments impersonating...
Company Law : ICSI has urged PESB to recognize Company Secretaries as eligible for Board-level and Functional Director positions in CPSEs. The r...
Company Law : ICSI has urged the Government to amend the law to allow Company Secretaries in Practice to appear before DRTs and DRATs. It argues...
Company Law : ICSI has urged the MCA to ensure eligible companies comply with Section 203 by appointing Whole-time Company Secretaries. The repr...
Company Law : ICSI has requested the MCA to grant compliance relaxations following technical disruptions caused by the Data Centre fire. The pro...
Company Law : Delhi HC lays down a framework on the right to be forgotten, directing de-indexing in eligible cases while balancing privacy, open...
Company Law : CCI closed proceedings holding dealership termination and contractual disputes did not establish violations of Sections 3(4) or 4 ...
Company Law : NCLAT held resignation, renewal of working capital facilities and alleged novation did not discharge a continuing personal guarant...
Company Law : Madhya Pradesh HC dismissed a winding up petition, holding that a bona fide dispute over liability required adjudication before th...
Company Law : Orissa HC upheld an ex parte interim injunction, holding it should rest on Order XXXIX CPC instead of Section 151, and declined Ar...
Company Law : MCA extends the Companies Compliance Facilitation Scheme, 2026 up to 31 August 2026 due to data center restoration following the...
Company Law : MCA has allowed companies to file Form DPT-3 for FY 2025-26 without additional fees until 31 July 2026 due to disruptions caused b...
Company Law : MCA notifies the New Development Bank under Section 2(11)(ii) of the Companies Act, 2013, specifying it as a body corporate for th...
Company Law : ROC Mumbai penalized a director after Form AOC-4 contained an incorrect AGM due date. The order emphasizes that directors are resp...
Company Law : ROC Mumbai imposed a penalty after finding that an individual held two Director Identification Numbers in violation of Section 155...
The issue concerns the statutory framework governing the appointment of Managing Directors under the Companies Act, 2013. The guidance clarifies that strict adherence to eligibility criteria, approvals, and filing requirements is necessary to ensure a valid appointment.
The issue was whether bank bill discounting facilities require disclosure in Form DPT-3. It was clarified that only amounts outstanding as of 31 March must be reported as exempted borrowings, making the year-end balance sheet the determining factor.
ICSI has advised members to verify and update their contact and address details maintained in the Institute’s records. Accurate information is essential to ensure seamless election-related communication and access to electronic voting facilities.
MCA notifies the New Development Bank under Section 2(11)(ii) of the Companies Act, 2013, specifying it as a body corporate for the Act’s purposes.
The NCLT Mumbai held that developments occurring during the pendency of proceedings could be incorporated when they were connected with existing allegations of oppression and mismanagement. The Tribunal found that such amendments would aid effective adjudication.
The Ahmedabad Bench dispensed with several shareholder and creditor meetings after recording consent affidavits approving the proposed Scheme of Arrangement. Meetings were directed only where required.
The NCLT Allahabad Bench allowed dispensation of meetings for shareholders and creditors in a merger involving wholly owned subsidiaries. The Tribunal held that consent affidavits, absence of creditors in transferor companies, and lack of prejudice to stakeholders justified the relief.
The article explains that loans received from partnership firms do not qualify as exempt borrowings under the Companies (Acceptance of Deposits) Rules, 2014. Even where partners are directors of the company, the loan may be treated as a deposit requiring DPT-3 disclosure.
Shareholder loans received by private companies do not qualify as exempted borrowings under Rule 2(1)(c). The article explains why such amounts should generally be reported as deposits in Form DPT-3.
The Karnataka High Court held that criminal proceedings under Sections 447 and 448 of the Companies Act could not continue against a former director who had resigned before the company’s commercial activities began. Finding no specific allegations against him, the Court quashed the proceedings.
