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 extends the Companies Compliance Facilitation Scheme, 2026 up to 31 August 2026 due to data center restoration following the...
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...
Failure to disclose allottee occupation and complete details in PAS-3 resulted in penalties. The case highlights the importance of accurate and complete statutory filings.
Failure to disclose complete allottee details in PAS-3 attracted penalties under Section 450. The order highlights the importance of accurate reporting in securities allotment.
The case examined whether Section 42 was violated in a private placement. The authority ruled there was no substantive breach and replaced the penalty with a nominal fine for a procedural lapse.
The case addressed delayed filing of return of allotment under Section 42(9). The authority reduced the penalty after recognizing a government circular that excluded part of the delay period.
The authority found non-compliance with Section 42(6) due to absence of a separate bank account. It held that such violation attracts penalty under Section 42(10).
Omission of required attachments in annual return filing resulted in penalties under Section 450. The decision stresses the importance of accurate and complete filings.
Failure to attach share transfer details in the annual return resulted in penalties under the residuary provision. The ruling highlights that even minor filing omissions can trigger statutory penalties.
Failure to file the one-time DPT-3 return within the prescribed timeline resulted in penalties under Section 450. The authority held that delayed compliance, even if later rectified, constitutes a violation. The case highlights strict adherence to deposit reporting requirements.
The company admitted that omission of the resolution attachment was unintentional. However, the adjudicating authority still imposed penalties under Section 450. The ruling confirms that intent does not negate statutory compliance obligations.
A delayed filing of a special resolution beyond the statutory deadline resulted in penalties despite claims of bona fide error. The ruling highlights strict compliance obligations under the Companies Act.
