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Companies Act

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.

Latest Articles


Foundation of FCRA – Foreign Contribution & Eligibility

Corporate Law : Understand foreign contribution, FCRA eligibility, Section 2(1)(h), Section 3 prohibitions, and registration requirements under th...

July 9, 2026 78 Views 0 comment Print

Annual Return Filing Under Companies Act, 2013: MGT-7, MGT-7A & MGT-8

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...

July 8, 2026 276 Views 0 comment Print

175 Legal Compliances and Legal Updates for July-2026 in India

CA, CS, CMA : A comprehensive guide covering 175 legal compliances for July 2026 under FEMA, Income Tax, GST, SEBI, Companies Act, Labour Laws, ...

July 6, 2026 55164 Views 2 comments Print

Company Managerial Remuneration: Guide with Real-World Examples

Company Law : Learn how the Companies Act, 2013 regulates managerial remuneration through profit-linked limits, approval requirements, and gover...

July 1, 2026 321 Views 0 comment Print

Why Companies Act Not Apply to SBI & PNB but Applies to HDFC Bank

Company Law : The article explains that SBI and PNB are statutory bodies created under separate Acts and are therefore not governed by the Compa...

June 30, 2026 3465 Views 0 comment Print


Latest News


ICSI Seeks Action against Eligible Companies Failed to Appoint Whole-Time CS

Company Law : ICSI has urged the MCA to ensure eligible companies comply with Section 203 by appointing Whole-time Company Secretaries. The repr...

June 27, 2026 1812 Views 0 comment Print

Annual Survey of Incorporated Services Sector Enterprises (ASISSE): FAQs

Corporate Law : NSO has launched the Annual Survey of Incorporated Services Sector Enterprises (ASISSE) to collect comprehensive economic and oper...

June 24, 2026 1083 Views 0 comment Print

ICSI Seeks MCA Relief Due to Portal Disruptions After Data Centre Fire

Company Law : ICSI has requested the MCA to grant compliance relaxations following technical disruptions caused by the Data Centre fire. The pro...

June 18, 2026 9462 Views 1 comment Print

MCA Expands CSR Scope by Allowing Investment in Social Stock Exchange Instruments

Company Law : The MCA has widened CSR eligibility by recognizing subscriptions to Zero Coupon Zero Principal Instruments as a valid CSR activity...

May 30, 2026 1464 Views 0 comment Print

Provisional List of 1314 Audit Firms Missing NFRA-2 Filings for 2024-2025

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...

May 10, 2026 5292 Views 0 comment Print


Latest Judiciary


Bona Fide Dispute on Debt Bars Winding Up Petition Under Section 433(e): MP HC

Company Law : Madhya Pradesh HC dismissed a winding up petition, holding that a bona fide dispute over liability required adjudication before th...

July 5, 2026 90 Views 0 comment Print

NCLAT Sets Aside CFO Appointment as Articles Cannot Override Companies Act

Company Law : The NCLAT held that CFO nominees must satisfy the eligibility requirements under Section 203 of the Companies Act. It set aside th...

July 1, 2026 393 Views 0 comment Print

NCLT dispensed with shareholder meetings for Parle Group restructuring scheme

Company Law : Where a composite scheme of arrangement satisfies the procedural requirements of sections 230 to 232 of the Companies Act, 2013 an...

June 26, 2026 237 Views 0 comment Print

NCLT Compounds Delay in Holding AGM by Kolhapur Hotels

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...

June 25, 2026 216 Views 0 comment Print

NCLT Refuses Company Restoration as ROC Fails to Justify 4215-Day Delay

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 ...

June 24, 2026 156 Views 0 comment Print


Latest Notifications


MCA extended CCFS-2026 Until 31 August 2026

Company Law :  MCA extends the Companies Compliance Facilitation Scheme, 2026 up to 31 August 2026 due to data center restoration following the...

July 8, 2026 3993 Views 0 comment Print

MCA Extends DPT-3 Late Fee Waiver Till 31st July 2026 Due to Data Center Fire

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...

June 19, 2026 16293 Views 2 comments Print

MCA Notifies New Development Bank as Body Corporate under Companies Act 2013

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...

June 16, 2026 525 Views 0 comment Print

ROC Imposes Penalty as Incorrect AGM Due Date Was Filed in AOC-4

Company Law : ROC Mumbai penalized a director after Form AOC-4 contained an incorrect AGM due date. The order emphasizes that directors are resp...

June 12, 2026 285 Views 0 comment Print

Duplicate DIN Attracts Penalty Because Companies Act Prohibits Possessing More Than One DIN

Company Law : ROC Mumbai imposed a penalty after finding that an individual held two Director Identification Numbers in violation of Section 155...

June 12, 2026 201 Views 0 comment Print


'EGM to appoint new addl director on TFCI board invalid'

March 24, 2011 2027 Views 1 comment Print

The Company Law Board (CLB) today declared the extraordinary general meeting (EGM) convened by IFCI for the appointment of an additional director on the board of Tourism Finance Corporation of India (TFCI) invalid. The CLB bench of Justice D R Deshmukh, while declaring the EGM null and void, said, “The meeting was convened in the violation of its earlier order.”

Financial Sector Legislative Reforms Commission Set up Companies Bill to be Introduced in the Ongoing Session

March 1, 2011 747 Views 0 comment Print

The Union Finance Minister, Shri Pranab Mukherjee announced today that the Government has set up a Financial Sector Legislative Reforms Commission under the Chairmanship of Justice B. N. Srikrishna in pursuance of the announcement made in Budget 2010-11. The Commission will rewrite and streamline the financial sector laws, rules and regulations and bring them in harmony with the requirement of a modern financial sector. It will complete its work in 24 months.

Bill Likely to Relax Rotation of Auditors

February 25, 2011 9211 Views 0 comment Print

In what could be a breather to India Inc, the corporate affairs ministry is proposing diluting norms for rotation of auditors and audit firms for companies in the new Companies Bill. The bill will be taken up for consideration in Parliament in the ongoing Budget session.

CLB’s power to set-aside Agreements/Contracts under section 397/398?

February 20, 2011 2065 Views 0 comment Print

There can be disputes between majority group and minority shareholders in any Company and these disputes come very frequently in closely held companies or Private Limited Companies. The Companies Act, 1956 provides certain rights to the shareholders

Companies Bill 2009 to be tabled in Budget session

February 19, 2011 480 Views 0 comment Print

After considering the views of the industry and a House panel, the government will table the Companies Bill 2009 in the forthcoming Budget session, the Ministry of Corporate Affairs said today.

Comprehensive Revision of Companies Act 1956

February 18, 2011 1264 Views 0 comment Print

Keeping in view the developments taking place nationally as well as internationally and with a view to modernize the structure for corporate regulation in India and represent a major reform statement by the Government to promote the development of th

CBI to approach CLB on links between Reliance, Swam in 2G scam

February 18, 2011 372 Views 0 comment Print

With the Reliance funding into Swan telecom under scanner, the CBI will soon approach the Company Law Board to look into the association between Reliance Group and the controversial Telecom Company in the 2G spectrum scam. The Swan Telecom is alleged

Wide differences between Govt and industry on Companies Bill 2009

February 18, 2011 399 Views 0 comment Print

India Inc is not on board with the government on several key issues pertaining to independent directors, managerial remuneration and rotation of auditors, as proposed in the Companies Bill, a senior official said on Thursday.

Managerial remuneration in unlisted companies having no profits / inadequate profits

February 15, 2011 699 Views 0 comment Print

Ministry of Corporate Affairs, Government of India (MCA), has on 8 February 2011 issued a Press Note No. 4/2011 of its intention to amend Schedule XIII of the Companies Act 1956 (the Act) relating to managerial remuneration. The amendment will be app

Exemption from attaching accounts of subsidiaries with balance sheet of holding company

February 15, 2011 5469 Views 0 comment Print

Ministry of Corporate Affairs, Government of India (MCA), has on 8 February 2011 issued directions through General Circular No. 2/2011 and Press Note 3/2011 exempting holding companies from attaching specified particulars of its subsidiary companies

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