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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


ROC Compliance for F.Y 2023-24 in year 2024-25

Corporate Law : Ensure compliance with ROC filing requirements for the financial year 2023-24 in 2024-25. Understand deadlines for various e-Forms...

May 18, 2024 96 Views 0 comment Print

Mandatory Appointment of Internal Auditor: Section 138 Companies Act 2013

Company Law : Understand the mandate of appointing internal auditors as per Section 138 of the Companies Act 2013. Explore the criteria for mand...

May 17, 2024 798 Views 0 comment Print

Compounding under section 441 of companies act, 2013

Company Law : Learn about compounding under the Companies Act, 2013, its concept, procedure, and benefits, helping companies resolve unintention...

May 17, 2024 285 Views 0 comment Print

Shareholders Agreement: A key to protection of rights of shareholders

Company Law : Learn how shareholders agreements safeguard rights and outline responsibilities. Discover their role in corporate governance and l...

May 17, 2024 768 Views 3 comments Print

Regulatory Framework for Foreign Companies under Companies Act 2013

Company Law : Article explains provisions of Chapter XXII of Companies Act, 2013, governing establishment & commencement of operations by forei...

May 16, 2024 1134 Views 0 comment Print


Latest News


ICMAI Advisory: Unit of Measure & Cost Audit Report Submission

CA, CS, CMA : ICMAI issues advisory for members regarding Annexures in Cost Audit Reports & timely submission. Ensure compliance for statutory r...

May 10, 2024 258 Views 0 comment Print

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 9831 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 315 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 495 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 1227 Views 0 comment Print


Latest Judiciary


Delhi HC Denies Interim Relief on NFRA Penalties in Reliance Capital Audit

Corporate Law : Delhi High Court refuses interim relief against NFRA penalties imposed on CAs and CA firm in the Reliance Capital audit lapses cas...

May 17, 2024 2799 Views 0 comment Print

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 237 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 282 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 390 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 87 Views 0 comment Print


Latest Notifications


NFRA Penalizes RCFL Auditors with ₹2.5 Crore Fine for Audit Misconduct

Company Law : The NFRA fines Shridhar & Associates and CA Ajay Vastani for professional misconduct in auditing RCFL's financials for FY 2018-19....

May 17, 2024 5970 Views 0 comment Print

Non-filing of e-Form CHG-4 for satisfaction of Charges: MCA imposes ₹19.50 Lakh Penalty

Company Law : MCA imposes hefty penalties on Pratapraisons Textiles Pvt Ltd & directors for failing to file e-Form CHG-4 for charge satisfaction...

May 13, 2024 3042 Views 0 comment Print

Failure to Dematerialize Shares: MCA Levies Penalty

Company Law : Learn about the penalty imposed on Shree Auro Iron Limited and its Managing Director for violating dematerialization rules under t...

May 12, 2024 1413 Views 0 comment Print

Non-filing of e-Form DIR-12 for Additional Director regularisation: MCA Imposes ₹6 Lakh Penalty

Company Law : MCA imposes Rs. 6 Lakh penalty on M/s Peoples International & Services Pvt Ltd and its directors for failure to file e-Form DIR-12...

May 11, 2024 2211 Views 0 comment Print

Non-passing of Resolution before before raising loan: MCA imposes ₹4 Lakh Penalty

Company Law : Read about the penalty imposed by MCA under Companies Act, 2013 for not passing a resolution before raising a loan. Detailed analy...

May 11, 2024 9189 Views 0 comment Print


Director KYC and filing of form DIR-3 KYC

August 11, 2022 5565 Views 0 comment Print

Learn about the importance of Director KYC and filing Form DIR-3 KYC. Ensure compliance and avoid penalties with this yearly requirement.

SC refuses to extend tenures of NCLT members appointed for less than 5 years

August 10, 2022 951 Views 0 comment Print

National Company Law Tribunal Bar Association Vs Union of India  (Supreme Court) The petitioner contends that the notification S.O. 3412 (E) dated 20 September 2019 issued by the Ministry of Corporate Affairs appointing 28 candidates as Members of the National Company Law Tribunal for a tenure of three years is contrary to the provisions of Section […]

Name Approval from CRC-An approach to detour Rejections & Re-submissions

August 10, 2022 2322 Views 0 comment Print

Avoid name rejections and re-submissions from the CRC during company registration. Learn the guidelines to ensure your proposed name meets the requirements.

4,32,796 companies struck off  down during last five years

August 10, 2022 684 Views 0 comment Print

Removal of name of company from Register of Companies is a continuous process 4,32,796 companies have been struck off during last five years 

New system for registration of companies in one day with 11 Services

August 10, 2022 822 Views 0 comment Print

If the application filed for incorporation is complete in all respect, the same is processed and approved for incorporation on an average within 1 day of filing.

No specific Incentives mechanism For Utilisation of CSR Funds

August 10, 2022 507 Views 0 comment Print

There is no specific incentive mechanism in place to incentivise the effective utilisation of Corporate Social Responsibility (CSR) funds by companies as this is a regulatory requirement under Companies Act, 2013

Format of Audit report of a Private Limited company with CARO & IFC

August 10, 2022 162057 Views 2 comments Print

Get a complete guide to the format of audit reports for private limited companies with CARO & IFC. Understand the requirements and compliance under the Companies Act, 2013.

No rule making power for Voluntary liquidation for corporate persons in IBC 2016

August 10, 2022 171 Views 0 comment Print

No rule making power provided under section 59 ‘Voluntary liquidation for corporate persons’ in the Insolvency and Bankruptcy Code, 2016.

No system of maintaining classified data on companies according to their business

August 10, 2022 90 Views 0 comment Print

Corporate Affairs Ministry not developed any system of maintaining classified data on companies based categories according to their business

Secretarial Audit – Applicability, Scope & Procedure for appointment of Secretarial Auditor

August 9, 2022 39798 Views 0 comment Print

Learn about the applicability, scope, and procedure for appointment of secretarial auditors. Ensure compliance with company regulations and detect non-compliance.

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