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 : Overview of Form STK-2 under Section 248(2), covering eligibility, ineligible companies, documents, process, filing fee and ROC pr...
Company Law : Step-by-step procedure for redemption of preference shares under Section 55, including CRR, ROC filings, statutory registers and f...
Company Law : Step-by-step procedure for altering the Object Clause under Section 13, filing Form MGT-14, and SEBI LODR compliance for listed co...
Company Law : Article explains the provisions governing appointment of proxies under Section 105 of the Companies Act, 2013 and Rule 19 of the C...
Company Law : Legal Provision and Obligations for a company with respect to Securities issues by Private Placement This Article outlines the leg...
Company Law : ICSI will provide CSEET June 2026 evaluated answer books through its portal from 16 July 2026 without RTI, subject to prescribed t...
Company Law : ICSI declared the CSEET June 2026 results on 15 July 2026. The pass percentage is 67.59%, and e-Result-cum-Marks Statements are av...
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 : NCLAT set aside directions to hand over two properties to the RP, holding Civil Court-recognised possessory rights could not be di...
Company Law : NCLAT dismissed the IRP's appeal, upheld ₹3 lakh remuneration and held reliance on K. Sashidhar was distinguishable in the fee d...
Company Law : Companies and individuals prosecuted by the Serious Fraud Investigation Office (SFIO) under the Companies Act, 2013 were not entit...
Company Law : NCLT Mumbai sanctioned a composite scheme under Sections 230–232 and 66 after finding statutory compliance and no objections fro...
Company Law : NCLT Chennai sanctioned the amalgamation scheme after statutory compliance, undertakings on regulatory observations, and absence o...
Company Law : ROC Delhi I directed rectification of Section 92(4) non-compliance within 30 days after examining defective MCA filings relating t...
Company Law : ROC Delhi I directed rectification of Section 137(1) non-compliance within 30 days and recorded zero penalty under the proviso to ...
Company Law : ROC Delhi II imposed maximum penalties under Section 117(2) for five delayed MGT-14 filings and directed rectification within 90 d...
Company Law : ROC Gwalior imposed penalty under Section 203(5) after holding simultaneous appointment of the same person as CFO and Whole-Time D...
Company Law : ROC Gwalior imposed penalty under Section 124(7) after finding non-compliance with IEPF-2 filing requirements under Section 125(2)...
ROC Chennai held that despite a 930-day delay in filing Form MGT-7A, no penalty would be imposed as the company filed the return before the adjudication notice was issued.
The ROC Chennai penalized a company and its directors for failing to file a board resolution within 30 days as required under Section 117. Although the form was filed after 125 days, reduced penalties were granted because the company qualified as a Small Company.
ROC Chennai held that although the annual return was filed 95 days late, no penalty was imposed because the company rectified the default before the adjudication notice, attracting relief under Section 454(2).
Despite delay in filing financial statements under Section 137, the ROC imposed zero penalty since the company filed the documents before adjudication notice. The ruling underscores that timely rectification can prevent penal consequences.
The ROC held that although the annual return was filed late, the company rectified the default before the show cause notice was issued. Hence, under Section 454(2) of the Companies Act, no penalty was imposed.
MCAs CCFS-2026 allows companies to regularize overdue annual filings by paying only 10% of additional fees while providing immunity from penalties under Sections 92 and 137.
Companies can hold delayed AGMs now and file pending AOC-4 and MGT-7 under the CCFSS Scheme, but the delay still amounts to default under Section 96 and may require compounding.
ICAI rules restrict UDIN generation beyond 60 days of signing, making backdated financial statements invalid. Companies should prepare statements now, sign with the current date, and file pending returns under the CCFS Scheme.
The Companies Act mandates that companies obtain Regional Director approval and pass a special resolution before removing an auditor. Non-compliance may invalidate the removal.
The law requires companies seeking to change their financial year to obtain approval from the Regional Director under Section 2(41). The change becomes effective only after filing the order with the Registrar.
