The Companies Act is a legislation that governs the formation, functioning, and management of companies. Explore the key provisions, compliance requirements, and legal framework under the Companies Act.
Company Law : This FAQ examines the statutory authorities empowered to convene an Extraordinary General Meeting under the Companies Act, 2013. I...
Company Law : The article explains how Compulsorily Convertible Preference Shares are governed by corporate, tax, and FEMA regulations. The key ...
Company Law : While permitting extensive investigations, the Court has clarified that allegations alone do not establish criminal liability. Any...
Corporate Law : The High Court held that a company cannot shift its registered office after approval of a resolution plan when appeals against the...
CA, CS, CMA : This update compiles key statutory deadlines across multiple laws for June 2026. It highlights filing requirements under income ta...
Company Law : The MCA has widened CSR eligibility by recognizing subscriptions to Zero Coupon Zero Principal Instruments as a valid CSR activity...
Company Law : Provisional list of audit firms of listed companies yet to file NFRA-2 for 2023-24. Filing deadline was 30.11.2025; fines apply fo...
Company Law : ICSI recommended restoring public access to basic company master data without mandatory login requirements. The representation sta...
Company Law : NFRA introduced guidelines to evaluate audit firms’ compliance and quality control systems. The framework emphasizes governance,...
Company Law : ICSI highlights delays in marking defective forms by RoCs under CCFS 2026. It urges MCA to mandate time-bound processing or allow ...
Company Law : The NCLT Allahabad Bench dispensed with shareholder meetings after finding that all shareholders had consented to the proposed red...
Company Law : The Court held that shareholder resolutions seeking removal of directors under Section 284 are independent of Section 188 requirem...
Company Law : The Delhi High Court upheld restraint on a company’s move to remove a director because the special notice only made vague allega...
Company Law : The Bombay High Court held that statements made in Special Notices for removal of a director under the Companies Act formed part o...
Company Law : The Court held that a shareholder holding requisite voting strength has a statutory right under Section 169 to convene an extraord...
Company Law : The MCA has amended the valuation rules to require Registered Valuer Organisations to maintain a minimum paid-up capital of ₹25 ...
Company Law : The Registrar of Companies penalized the company and its authorized signatory after an incorrect document was attached with Form A...
Company Law : MCA amends Schedule VII of the Companies Act to include subscription to zero coupon zero principal instruments on Social Stock Exc...
Company Law : MCA has amended the CSR Rules to recognize zero coupon zero principal instruments issued by Social Stock Exchange-listed NPOs. The...
Company Law : ROC Mumbai held that repeated return of official notices proved non-maintenance of a registered office under Section 12(1) of the ...
Shares are movable property. Its ownership can change hands. If ownership of shares goes from one person by voluntary act of parties, it is termed as Transfer of Shares. If the ownership of shares goes to another by operation of law. It is called transmission of shares. Transmission is involuntary transfer of ownership of shares […]
The Company jurisprudence in India enshrines statutory auditors who audit the accounts of a company as representatives of the shareholders who appoint them at every Annual General meeting {AGM} to look after the interest of the shareholders.
Company and every officer of the company who is in default or such other person shall be punishable with fine which may extend to ten thousand rupees and where the contravention is continuing one with a further fine which may extend to one thousand rupees for every day after the first during which the contravention continues.
Ever since the draft notifications were placed before the Parliament, companies have been eagerly waiting for the approval and promulgation of the same. Finally the exemption notifications saw the light of day with MCA releasing 4 exemption notifications in bulk on June 05, 2015. Among the four notifications, one notification pertains to Government Companies (‘Govt. […]
Manshi Baid The definition of Related Party is given in Clause (76) of section 2 of Companies Act 2013 . This section provides that a related party for a company are :- 1. A director or his relative 2. A key managerial personnel or his relative 3. A firm in which director , manager or […]
Prudence has at last endowed on the Parliament, to have finally cleared the exemption notifications, long lying on its desk awaiting its dissemination. After a long wait and completion of one complete financial year, Indian private companies have now been bestowed with exemptions on June 5, 2015 from such provision of law, which should have not been applicable to it in the very first place.
Government issues final notifications under section 462 of the Companies Act, 2013 (Act) that provide Exemptions under various provisions of the Act to (i) Private Companies (ii) Government Companies (iii) Section 8 Companies and (iv) Nidhis The Ministry of Corporate Affairs, Government of India issued the final notifications under Section 462 of the Companies Act, […]
As per Section 128 of the Companies Act, 2013, Every company shall prepare and keep at its registered office books of account and other relevant books and papers and financial statement for every financial year which give a true and fair view of the state of the affairs of the company, including that of its branch office or offices
The Summary of provisions that are notified vide Notification to exempt private companies u/s 462 of the Companies Act, 2013 are tabulated below.
I am a COMMON Seal of the company who ruled the corporate world for a century. I come to you with a message of leave-taking and farewell, and to share a few final thoughts with you. In India, I was born through an Indian Companies Act 1913 came into force on the first day of April 1914. It was extended to the whole of British India, including British Baluchistan and the Santhal Parganas
