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...
The ROC held that shares issued at a price lower than the registered valuer’s determined value violated Section 62(1)(c). Even a shortfall of ₹0.59 per share attracted penalties under the Companies Act.
The Court held that shares acquired in a buy-back are mandatorily extinguished under company law and therefore cannot be treated as property received by the company. Section 56(2)(x) was found inapplicable to such transactions.
ROC Pune held that possession of more than one Director Identification Number constitutes a violation of Section 155 of the Companies Act. Despite the absence of mala fide intent, penalty under Section 159 was imposed for the default.
ROC held that circulating the private placement offer letter before filing Form MGT-14 violated Section 42(3) and Rule 14(8). The case underscores the importance of completing prerequisite filings before initiating private placement offers.
The ROC Haryana held that failure to file MGT-14 within 30 days of passing a special resolution for issuance of CCDs constitutes a violation under Section 117(2). Companies must adhere to statutory timelines even when the default is subsequently rectified.
ROC Haryana held that mentioning an incorrect purpose in e-Form MGT-14 constitutes a violation under Rule 8(3) read with Section 450 of the Companies Act. However, the penalty was reduced due to the company’s Small Company and Start-up status.
Although the show cause notice referred to the maximum penalty applicable for continuing contraventions, the adjudicating officer treated the lapse as a one-time offence. This resulted in a lower penalty under the Companies Act framework.
The ROC Haryana held that incorrectly stating the purpose of filing in e-Form MGT-14 constitutes a violation under Rule 8(3) read with Section 450 of the Companies Act. Companies must ensure accuracy in MCA filings, as inadvertent mistakes can still result in penalties.
ROC held that omission of prescribed disclosures in the explanatory statement for a CCD issuance violated Section 62(1)(c) and Rule 13(2)(d). The company and its officers were penalized under Section 450 after admitting the default.
The revised DIN KYC rules replace annual compliance with filing once every third consecutive financial year. Directors must still report changes in contact or address details within 30 days.
