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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


Common Mistakes to Avoid While Filing an OPC Annual Return

Company Law : One Person Companies (OPCs) need to record annual returns to remain compliant with legal requirements. However, many business owne...

March 30, 2025 39 Views 0 comment Print

Strike Off of Private Limited Companies: A Comprehensive Guide

Company Law : The process of striking off a private limited company refers to the removal of a company’s name from the Register of Compani...

March 25, 2025 972 Views 3 comments Print

Appointment of CTO, COO, and CMO as KMP: Compliance Guide

Company Law : Appointment of other officer such as CTO, COO, and CMO as Key Managerial Personnel (KMP) under Companies Act, 2013 – Key Con...

March 24, 2025 1128 Views 0 comment Print

Forms Required for Pvt. Ltd Annual Filing: AOC-4 and MGT-7

Company Law : Private Limited Companies in India ought to observe annual filing necessities to keep transparency and prison standing. This artic...

March 23, 2025 633 Views 0 comment Print

Overview of Legal Framework Governing Cost Records & Cost Audits in India

Company Law : Cost audit and cost records serve as essential tools for achieving these objectives, enabling companies to monitor, control, an...

March 23, 2025 408 Views 0 comment Print


Latest News


Provisional List of Audit Firms Missing NFRA-2 Filings for 2023-24

Corporate Law : Provisional list of audit firms of listed companies yet to file NFRA-2 for 2023-24. Filing deadline was 30.11.2024; fines apply fo...

March 26, 2025 339 Views 0 comment Print

Provisional List of Audit Firms Yet to File NFRA-2 for Reporting Period 2022-23

Corporate Law : List of audit firms yet to file NFRA-2 for 2022-23. Filing deadline was 30.11.2023; penalties apply for non-compliance. Late submi...

March 26, 2025 306 Views 0 comment Print

Independent Director Vacancies in Central PSUs

Company Law : 86% of Independent Director positions in CPSEs remain vacant. Govt follows a structured process for appointments through ministrie...

March 26, 2025 600 Views 0 comment Print

Government Actions on Non-Functional & Shell Companies

Company Law : In 2024, 16,798 companies were struck off under Section 248(2). No definition for shell companies exists under Companies Act, 2013...

March 26, 2025 279 Views 0 comment Print

Company Registrations via Central Registration Centre

Company Law : The Central Registration Centre processed 98,098 e-forms in 2025. Meerut saw 3,340 company registrations since 2016. Learn more ab...

March 26, 2025 123 Views 0 comment Print


Latest Judiciary


CCI Dismisses Bid Rigging Allegations Against HP India Sales Pvt. Ltd.

Corporate Law : CCI dismisses allegations of bid rigging in GMDA and FMDA tenders against HP India and others, citing lack of evidence under Secti...

February 6, 2025 456 Views 0 comment Print

Fraudulent and malicious initiation of CIRP can be recalled: NCLAT Delhi

Company Law : NCLAT Delhi held that in case there is fraudulent and malicious initiation of Corporate Insolvency Resolution Proceedings [CIRP], ...

January 29, 2025 150 Views 0 comment Print

No Appeal U/s. 61 of IBC maintainable post Corporate Debtor dissolution: NCLAT Delhi

Corporate Law : NCLAT rules that appeals under Section 61 of IBC are invalid after corporate debtor dissolution. Explore the judgment on corporate...

January 28, 2025 129 Views 0 comment Print

Commercial wisdom of CoC in rejecting resolution plan and opting for liquidation non-justiciable

Company Law : NCLAT Delhi held that the commercial wisdom of the Committee of Creditors [CoC] in rejecting resolution plan and opting for liquid...

January 28, 2025 204 Views 0 comment Print

Scheme of Arrangement U/S 230 Not Allowed Post E-Auction of Corporate Debtor

Corporate Law : NCLAT Chennai held that after finalization of process of e-auction sale of Corporate Debtor, it cannot be permitted to consider Sc...

January 27, 2025 798 Views 0 comment Print


Latest Notifications


Companies Act Section 42, 55 & 62 Violation: MCA reduces Penalty from ₹13.9 Lakh to ₹1.1 Lakh

Company Law : Summary of the appeal by Aaryak Jewellery Pvt Ltd against penalties under Sections 42, 55, and 62 of Companies Act, 2013. Decision...

March 29, 2025 219 Views 0 comment Print

MCA reduces Penalty in Share Certificate Delay Case

Company Law : River Mobility Pvt. Ltd. appealed against a ₹3L penalty for delayed share certificate issuance. ITAT reduced it to ₹1L. Read t...

March 29, 2025 504 Views 0 comment Print

Appeal Against ROC Penalty for absence of maintained registered office Dismissed

Company Law : The appeal by Maptech Poly Products Pvt Ltd against a penalty for non-maintenance of its registered office was dismissed by the Re...

March 20, 2025 267 Views 0 comment Print

Failure to Appoint Resident Director: MCA reduces Penalty from ₹6 Lakh to ₹60000

Company Law : Vishnupriya Hotels' appeal led to a penalty reduction for non-compliance with Section 149(3) of the Companies Act. The company pai...

March 19, 2025 267 Views 0 comment Print

CSR provision Violation: MCA reduces Penalty from ₹1.59 Crore to ₹32.72 Lakh

Company Law : Vishnupriya Hotels appealed against CSR non-compliance penalties. The Regional Director reduced the fine after reviewing submissio...

March 19, 2025 6864 Views 1 comment Print


Analysis of Notifications and Circulars for Week ending 29th September 2024

October 2, 2024 1266 Views 0 comment Print

Latest updates on income tax, GST, IBBI, and minimum wage revisions issued during 23rd-29th Sept 2024. Includes key circulars, deadlines, and court rulings.

Incorporation of Section 8 Company Under Companies Act, 2013: A Guide

October 2, 2024 2307 Views 0 comment Print

Learn the steps for incorporating a Section 8 Company under the Companies Act, 2013, including name reservation, documentation, and key benefits.

Penalty Imposed on Auditor for improper classification & disclosure of financial statements

September 30, 2024 2217 Views 0 comment Print

CA Raju Mal Bardia fined ₹20,000 for failing to comply with auditing standards under the Companies Act, 2013 regarding Olympus Vanijya Private Limited.

MCA Imposes Penalty for Omission of DIN in Financial Statements & Directors’ Report

September 30, 2024 666 Views 0 comment Print

Khattu Housing Solutions Pvt Ltd faces ₹1 lakh penalty for violating Section 158 of Companies Act, 2013, as per ROC Kolkata order. Appeal within 60 days.

Issue, Hold, or Transfer of Securities in Dematerialized Form

September 30, 2024 975 Views 0 comment Print

Learn about the mandatory dematerialization rules for companies and investors, covering issuance, holding, and transferring securities in electronic form.

Dematerialisation of Shares of Private Limited Companies (ISIN)

September 29, 2024 15228 Views 2 comments Print

Companies (Prospectus and Allotment of Securities) Rules, 2014 this rule was introduced by Ministry of Corporate Affairs (MCA) on October 2023, this rule clarifies about applicability of dematerialization on private limited companies other than Small companies and Government companies. Requires applicable companies to convert their physical shares into demat by September 2024. The International Securities […]

Companies (Indian Accounting Standards) Third Amendment Rules, 2024

September 28, 2024 2193 Views 0 comment Print

MCA issues the Companies (Ind AS) Third Amendment Rules, 2024. New provisions for insurers on financial reporting using Ind AS 104 until Ind AS 117 is notified.

Resignation by Director (Compliance to be done by Both Director & Company)

September 27, 2024 1632 Views 0 comment Print

Learn the compliance requirements for both the resigning director and the company under Section 168 of the Companies Act, 2013. Avoid penalties with timely filings.

Absence of a Director from a Board meeting and its consequences

September 26, 2024 6891 Views 0 comment Print

Learn the quorum requirements for Board meetings and the consequences of a director’s absence under Section 167 of the Companies Act, 2013.

Reverse Flip Cross Border Mergers Vis-a-Vis Analysis of CAA Amendment Rules 2024

September 26, 2024 2073 Views 0 comment Print

Explore amendments in CAA Rules 2024 simplifying reverse flip mergers, easing inbound mergers of foreign holding companies with Indian subsidiaries.

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