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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


Detailed Process for Right Issue of Shares

Company Law : Right issue of shares is a process by which a company raises further capital. This is done by offering a right to the existing sha...

May 5, 2024 114 Views 0 comment Print

Shareholder activism & it’s influence on corporate governance practices in India

Company Law : Explore the impact of shareholder activism on corporate governance practices in India. Learn how activist shareholders influence d...

May 4, 2024 279 Views 0 comment Print

Unlocking Transparency: A Deep Dive into Directors Disclosure of Interest [Section 184 of Companies Act, 2013]

Company Law : Understand the nuances of Section 184 of the Companies Act, 2013 regarding directors' disclosure of interest in contracts or arran...

May 4, 2024 243 Views 0 comment Print

Passing a resolution through Postal Ballot (E-Voting)

Company Law : Learn the step-by-step process of passing a resolution through Postal Ballot (E-Voting) under the Companies Act 2013. Understand t...

May 4, 2024 186 Views 0 comment Print

Difference between Preferential Allotment and Private Placement

Company Law : Preferential Allotment and Private Placement are two distinct mechanisms through which companies can issue securities to select gr...

May 4, 2024 579 Views 0 comment Print


Latest News


ICAI CCM Dhiraj Khandelwal clarifies on NFRA Order

Company Law : Delve into the NFRA order controversy with detailed analysis on penalty imposition, opinion disparities, and key issues. Gain insi...

April 30, 2024 9408 Views 0 comment Print

IEPFA Seeks Feedback to Enhance Claims Settlement Process

Company Law : IEPFA invites stakeholders to share insights on streamlining claims settlement process under the Companies Act, 2013. Deadline: Ap...

March 16, 2024 261 Views 0 comment Print

FRQRR Analysis: NFRA Review of PSP Projects Ltd. Financial Reporting Quality

Company Law : Dive into NFRA detailed Financial Reporting Quality Review (FRQRR) of PSP Projects Ltd. Uncover high and low impact observations, ...

February 24, 2024 462 Views 0 comment Print

FAQs on Cost Records Maintenance and Audit under Companies Act, 2013

Company Law : The Institute of Chartered Accountants of India FAQs Frequently Asked Questions on Maintenance of Cost Records and Audit thereof U...

February 17, 2024 1089 Views 0 comment Print

MCA operationalises CPC for Centralised Processing of Corporate Filings

Company Law : Discover the Ministry of Corporate Affairs (MCA) latest initiative - the Central Processing Centre (CPC). Learn about the centrali...

February 16, 2024 987 Views 0 comment Print


Latest Judiciary


Kerala HC Directs on Nidhi Companies: Operations Shouldn’t Become Impossible

Company Law : Kerala High Court issues directions on Nidhi Companies' status, highlighting concerns over recent amendments, financial regulation...

May 5, 2024 24 Views 0 comment Print

SC verdict on jurisdiction of Special Courts under IBC, 2016

Corporate Law : Insolvency And Bankruptcy Board of India Vs Satyanarayan Bankatlal Malu & Ors (Supreme Court of India) The recent Supreme Cour...

April 21, 2024 261 Views 0 comment Print

Section 80IA deduction not available to persons executing works contract: ITAT Mumbai

Income Tax : Learn why AJR Infra's deduction claim under section 80IA of the Income Tax Act was rejected by ITAT Mumbai, citing its role as a w...

April 12, 2024 360 Views 0 comment Print

Google India App Store Fee Policy: CCI denies Interim Relief to Informants

Corporate Law : Read about the interim relief denial by Competition Commission of India in the case of People Interactive India Private Limited vs...

March 21, 2024 78 Views 0 comment Print

Resolution plan rejected u/s. 29A(c) as applicant managed and controlled corporate debtor: NCLAT Delhi

Company Law : NCLAT Delhi ruling on Navayuga Engineering vs. Umesh Garg emphasizes Section 29A(c) of IBC, disqualifying those managing corporate...

March 9, 2024 264 Views 0 comment Print


Latest Notifications


Section 134(5)(b) violation: MCA Imposes ₹8.5 Lakh Penalty

Company Law : Explore the adjudication order by the Ministry of Corporate Affairs against M/s Hermes I Tickets Pvt Ltd for violating Section 134...

May 5, 2024 816 Views 0 comment Print

MCA Imposes ₹6 Lakh Penalty for Non-Maintenance of Registers- Section 171(2)

Company Law : Learn about the penalty imposed by the Ministry of Corporate Affairs for non-maintenance of registers under Section 171(2) of the ...

May 5, 2024 591 Views 0 comment Print

MCA Imposes Penalty for Failure to Maintain Charge Details in Register

Company Law : Learn how HOLITECH India failed to maintain charge details, leading to penalties by MCA. Understand legal implications, consequenc...

May 5, 2024 483 Views 0 comment Print

Board Report not included Qualified Opinion of Auditor: MCA Imposes Penalty

Company Law : Learn about the penalty order issued by the Registrar of Companies, Uttar Pradesh, against Holitech India Pvt Ltd for non-complian...

May 5, 2024 24 Views 0 comment Print

Balance Sheet not signed by Directors: MCA Imposes Rs. 4 Lakh Penalty

Company Law : The breach relates to the absence of signatures from any directors on the company's Balance Sheet for the fiscal year ending March...

May 5, 2024 873 Views 0 comment Print


Documents Required for Registration of Private Limited Company

December 11, 2022 14982 Views 0 comment Print

Discover the essential documents needed for Private Limited Company Registration. Ensure accuracy in PAN, ID proofs, and utility bills. Quick and efficient process with expert guidance.

Know How to Claim Unclaimed Dividend from Company

December 10, 2022 15843 Views 0 comment Print

A dividend is a portion of a company’s profits that are given to each shareholder. The Board of Directors determines and declares the quantity and quality of dividends. A dividend can be final or interim; the former is announced at the conclusion of the fiscal year, while the latter is announced on a quarterly or semi-annual basis.

MCA imposes penalty on Company & Directors for not filing Financial Statements

December 8, 2022 3783 Views 0 comment Print

As per MCA Registry company has not filed its Financial Statements for the financial year 2019-20 and 2020-2021. This office has issued Show Cause Notice for violation of section 137(1) of the Companies Act, 2013 read with Companies (Adjudication of Penalties) Rules, 2014

Inter Corporate Loans and Investments – Section 186

December 8, 2022 34608 Views 0 comment Print

A Company can give loans and guarantees, acquire securities or make investments in another company or body corporate with the consent of the board or shareholders. Such loans given by a company to other companies or body corporates are known as inter-corporate loans. When a company invests in another company, it is known as inter-corporate investment.

Corporate Fraud in India & Outside India under Companies Act 2013

December 8, 2022 2967 Views 0 comment Print

Dive into the complexities of Corporate Fraud under the Companies Act 2013 in India. Explore the introduction of Section 447, imprisonment, and financial penalties for offenders. Understand the comparison between robbery and fraud, reasons for committing corporate fraud, and the special features of such fraud in India and beyond.

Addition and Removal of Directors under Companies Act, 2013

December 8, 2022 3843 Views 0 comment Print

A company’s board of directors may be replaced at any moment as needed. Both an addition and a removal are part of the adjustment. Change may occur voluntarily or in response to a need for it.

Section 8 Company Registration under Companies Act, 2013

December 8, 2022 4635 Views 0 comment Print

Section 8 businesses do not aim to make a profit; instead, they have charitable objectives. They have only good intentions behind them. They work to further a variety of causes, including those related to sport, culture, research, and religion.

Section 8 Company under Indian Companies Act, 2013

December 8, 2022 1968 Views 0 comment Print

Indian Companies Act, 2013, as well as the rules and regulations created by that Act, govern Section 8 Companies. The Ministry of Corporate Affairs, Government of India, is in charge of managing it through the Offices of Registrar of Companies, which are spread out across the nation’s states.

Allowable Remuneration/Salary to Directors of a Company

December 7, 2022 152826 Views 2 comments Print

Dive into the complexities of remuneration for Directors in a company. Understand the distinctions between Managing, Executive, and Non-Executive Directors. Explore the regulations set by the Companies Act, 2013, regarding managerial remuneration. Learn about the various methods of payment and the limits imposed by net profits. Delve into the calculation of maximum remuneration based on share capital and profits, along with the consequences of non-compliance.

9 Benefits of being a Small Company

December 7, 2022 7902 Views 0 comment Print

Discover the 9 benefits of being a small company reduced compliance burden, exemption from cash flow statement, and more.

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