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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


Strike Off of Private Limited Companies: A Comprehensive Guide

Company Law : The process of striking off a private limited company refers to the removal of a company’s name from the Register of Compani...

March 25, 2025 759 Views 3 comments Print

Appointment of CTO, COO, and CMO as KMP: Compliance Guide

Company Law : Appointment of other officer such as CTO, COO, and CMO as Key Managerial Personnel (KMP) under Companies Act, 2013 – Key Con...

March 24, 2025 1053 Views 0 comment Print

Forms Required for Pvt. Ltd Annual Filing: AOC-4 and MGT-7

Company Law : Private Limited Companies in India ought to observe annual filing necessities to keep transparency and prison standing. This artic...

March 23, 2025 588 Views 0 comment Print

Overview of Legal Framework Governing Cost Records & Cost Audits in India

Company Law : Cost audit and cost records serve as essential tools for achieving these objectives, enabling companies to monitor, control, an...

March 23, 2025 375 Views 0 comment Print

Corporate Social Responsibility (CSR) in India: Key Guidelines

Company Law : Understand CSR in India, its applicability, permitted activities, non-permitted contributions, penalties for non-compliance, and r...

March 21, 2025 6063 Views 1 comment Print


Latest News


Independent Director Vacancies in Central PSUs

Company Law : 86% of Independent Director positions in CPSEs remain vacant. Govt follows a structured process for appointments through ministrie...

March 26, 2025 456 Views 0 comment Print

Government Actions on Non-Functional & Shell Companies

Company Law : In 2024, 16,798 companies were struck off under Section 248(2). No definition for shell companies exists under Companies Act, 2013...

March 26, 2025 228 Views 0 comment Print

Company Registrations via Central Registration Centre

Company Law : The Central Registration Centre processed 98,098 e-forms in 2025. Meerut saw 3,340 company registrations since 2016. Learn more ab...

March 26, 2025 102 Views 0 comment Print

MCA21 Portal Implementation Challenges & Improvements: Key Updates

Company Law : MCA21 portal sees 84 lakh filings in 2024-25; SMEs report technical issues. Govt enhances server capacity, grievance redressal, an...

March 26, 2025 147 Views 0 comment Print

Allegations of Financial Misconduct and Bribery against Corporate Entities

Company Law :  Government's approach to addressing corporate misconduct, strengthening investor protection, and promoting financial literacy th...

March 26, 2025 93 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 12 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 102 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 276 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 231 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 219 Views 0 comment Print


Latest Notifications


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 264 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 261 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 6786 Views 1 comment Print

Internal Auditor Appointment Delay: MCA reduces Penalty

Company Law : Konoria Plaschem faced penalties for failing to appoint an internal auditor from 2014-2020. The fine was reduced on appeal. Read t...

March 19, 2025 285 Views 0 comment Print

Board Meeting Lapses: MCA reduces Penalty from ₹28.5 Lakh to ₹2.85 Lakh

Company Law : Water & Sanitation (India) for Urban Poor failed to hold board meetings from 2011-2019, leading to penalties. The fine was later r...

March 19, 2025 378 Views 0 comment Print


SC Judgement for “None of the Above” Option on Voting Machine – Clarification

October 29, 2013 1403 Views 0 comment Print

The direction in the judgment dated 27th September, 2013 of the Hon’ble Supreme Court is to provide a NOTA option on the EVM and ballot papers so that the electors who do not want to vote for any of the candidates can exercise their option in secrecy.

How to Search Companies/Directors under Prosecution?

October 28, 2013 6971 Views 1 comment Print

How to Search Companies/Directors under Prosecution Under Companies Act, 1956? MCA has recently added a facility under which a user can search the name of the Company or Directors on which prosecution is going on under the Companies Act, 1956.

LOAN TO DIRECTORS- Section 185 – Companies Act, 2013

October 25, 2013 63757 Views 1 comment Print

Section 185 of the Companies Act, 2013 is applicable on private company as well as public Company. PROHIBITED TRANSACTIONS – No Company advances any loan to its director. No Company advance any loan to any firm in which any such director or relative is a partner;

Attention : Members in practice – Annual eFiling of ROC Returns

October 24, 2013 2167 Views 0 comment Print

Members in practice may kindly note that the Ministry of Corporate Affairs, Govt. of India has recently advised that it would not entertain/accede to any request for extension of last date for e-Filing beyond the expiry/specified date concerned.

One Person Companies (OPC) Under Companies Act, 2013

October 24, 2013 9703 Views 0 comment Print

One Person Company means a company which has only one person as a member. It may be formed for any lawful purpose by one person as a private company by subscribing his name to a memorandum and complying which the requirements of this act in respect of registration.

Date Extended for Giving Suggestions on 3rd Tranche of Draft Rules – Companies Act 2013

October 24, 2013 390 Views 0 comment Print

The Ministry of Corporate Affairs has extended by 4 days the last date for accepting suggestions/ comments for the 3rd tranche of Draft Rules being framed under the Companies Act, 2013. Now, such suggestions/ comments can be given till 5th November 2013.

Companies Act, 2013 – Draft rules – Phase 3 – Suggestions Invited

October 23, 2013 6355 Views 1 comment Print

Under the third phase, the MCA has released draft rules relating to the following chapters. The last date of receiving comments on draft rules released under the third phase is 1st November, 2013.

Today is last date for Submitting Suggestions for 2nd Tranche of Draft Rules Under Companies Act 2013

October 23, 2013 687 Views 0 comment Print

Today i.e. October 23, 2013 is the last date for submission of suggestions/ comments for the 2nd tranche of Draft Rules being framed under the Companies Act, 2013. Earlier, the Ministry of Corporate Affairs had extended the date by 4 days to 23rd October 2013.

Companies Act 2013- Major Highlights

October 23, 2013 44317 Views 0 comment Print

a) Private company can have a maximum of 200 members (earlier limit was upto 50). (Clause 2(68)). b) The maximum limit of directors in the Company has been increased to 15 with a power to add more directors upon passing of Special Resolution without taking CG approval as earlier required. One director can also form a company .

CORPORATE SOCIAL RESPONSIBILITY Under Companies Act, 2013

October 21, 2013 8762 Views 0 comment Print

Corporate social responsibility (CSR) also called corporate conscience, corporate citizenship, social performance, or sustainable business is a form of corporate self-regulation integrated into a business model.

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