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 : Learn which companies must file MGT-7 or MGT-7A, when MGT-8 certification is mandatory, and how the Companies (Management and Admi...
CA, CS, CMA : A comprehensive guide covering 175 legal compliances for July 2026 under FEMA, Income Tax, GST, SEBI, Companies Act, Labour Laws, ...
Company Law : Learn how the Companies Act, 2013 regulates managerial remuneration through profit-linked limits, approval requirements, and gover...
Company Law : The article explains that SBI and PNB are statutory bodies created under separate Acts and are therefore not governed by the Compa...
Company Law : The article examines the Hamlin Trust ruling, where the NCLAT held that CFO appointments must satisfy Section 203 eligibility requ...
Company Law : ICSI has urged the MCA to ensure eligible companies comply with Section 203 by appointing Whole-time Company Secretaries. The repr...
Corporate Law : NSO has launched the Annual Survey of Incorporated Services Sector Enterprises (ASISSE) to collect comprehensive economic and oper...
Company Law : ICSI has requested the MCA to grant compliance relaxations following technical disruptions caused by the Data Centre fire. The pro...
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 : Madhya Pradesh HC dismissed a winding up petition, holding that a bona fide dispute over liability required adjudication before th...
Company Law : The NCLAT held that CFO nominees must satisfy the eligibility requirements under Section 203 of the Companies Act. It set aside th...
Company Law : Where a composite scheme of arrangement satisfies the procedural requirements of sections 230 to 232 of the Companies Act, 2013 an...
Company Law : NCLT Mumbai compounded the offence for failure to hold the AGM within the time prescribed under Section 96 of the Companies Act, 2...
Company Law : The NCLT Ahmedabad refused to condone a 4,215-day delay in filing an appeal for restoration of a struck-off company. The Tribunal ...
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...
Company Law : ROC Mumbai penalized a Whole Time Director for filing Form DIR-12 with an incorrect CFO appointment date. The order reiterates tha...
ROC imposed significant penalties for failure to file FY 2019–20 financial statements despite extended deadlines. The case highlights strict consequences for prolonged non-compliance under Section 137.
The ROC held that failure to attach FY 2017–18 financial statements could not be penalized due to post-default decriminalization. The case clarifies the impact of statutory amendments on past non-compliances.
ROC penalized the company and directors for conducting a board meeting 79 days late, reinforcing strict compliance with Section 173(1) timelines.
Authorities held that directors violated Section 184 by not filing Form MBP-1 for FY 2023-24. A penalty of ₹1 lakh each was imposed for the disclosure lapse.
MCA imposed penalties for delayed board meetings, citing a 427-day gap as non-compliance. The order directs payment within 90 days and outlines appeal rights and consequences for non-payment.
ROC held that financial statements signed without prior Board approval violated Section 134(1), attracting penalties on the company and directors. The key takeaway is that Board authorization is mandatory before signing audited accounts.
ROC Bengaluru imposed penalties for a 403-day delay in issuing share certificates, citing violation of Section 56. The order directs payment within 90 days and outlines the appeal process.
The adjudicating authority held that failing to fill the company secretary vacancy for over three years violated Section 203(5). Full penalties were imposed as the company was not eligible for reduced relief.
The ROC imposed penalties after finding that CSR funds meant for ongoing projects were wrongly spent and not transferred to Schedule VII funds. The key takeaway is that improper use of unspent CSR amounts triggers liability under Section 135(5).
The ROC Bengaluru imposed penalties for a 94-day delay in conducting the required board meeting, citing violation of Section 173(1). The order directs payment within 90 days and outlines the appeal process
