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.
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 : Section 186(2) covers guarantees connected with loans, while MCA Circular No. 04/2015 clarifies that genuine performance guarantee...
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 NCLT Ahmedabad refused to condone a 4,215-day delay in filing an appeal for restoration of a struck-off company. The Tribunal held that the delay was not satisfactorily explained and the alleged subsisting bank charge no longer existed, leaving no sufficient cause for condonation.
The NCLT Chennai directed meetings of shareholders and unsecured creditors to consider a composite scheme involving demerger and amalgamation. The order lays down the process for stakeholder approval under Sections 230–232 of the Companies Act.
The NCLT Chennai waived equity shareholder meetings after both shareholders of the transferor and transferee companies consented to the amalgamation through affidavits. It directed meetings only for unsecured creditors.
NCLT Guwahati restored the company’s name after finding that it continued to own immovable property and had contemporaneous records showing business operations before its strike-off. The Tribunal held that these facts justified restoration under Section 252(3), while directing compliance with all pending statutory requirements.
The NCLAT allowed the Extraordinary General Meeting (EOGM) to proceed but directed that any resolution passed at the meeting should not be implemented until the NCLT decides the pending company petition.
The NCLT held that any registered member can seek restoration of a struck-off company under Section 252(3), irrespective of the extent of shareholding. It directed restoration after finding the application maintainable and within limitation.
NCLT Mumbai allowed the first motion application for the merger after noting the secured creditors’ consent and dispensed with their meetings. It directed meetings of equity shareholders and unsecured creditors before further consideration of the Scheme.
The NCLT approved the merger after finding that the Scheme complied with Sections 230 to 232 of the Companies Act and satisfied all statutory requirements. It also accepted undertakings addressing observations of the regulatory authorities.
NCLT Mumbai directed meetings of shareholders and unsecured creditors of the listed company while dispensing with meetings for other applicant companies due to unanimous written consents. The order lays down the procedural framework for considering the composite demerger and amalgamation scheme.
The article explains how ESOP taxation in unlisted companies occurs at both exercise and buyback stages. It highlights perquisite taxation, capital gains, and the importance of proper tax planning.
