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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


Annual Return Filing Under Companies Act, 2013: MGT-7, MGT-7A & MGT-8

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...

July 8, 2026 165 Views 0 comment Print

175 Legal Compliances and Legal Updates for July-2026 in India

CA, CS, CMA : A comprehensive guide covering 175 legal compliances for July 2026 under FEMA, Income Tax, GST, SEBI, Companies Act, Labour Laws, ...

July 6, 2026 55071 Views 2 comments Print

Company Managerial Remuneration: Guide with Real-World Examples

Company Law : Learn how the Companies Act, 2013 regulates managerial remuneration through profit-linked limits, approval requirements, and gover...

July 1, 2026 306 Views 0 comment Print

Why Companies Act Not Apply to SBI & PNB but Applies to HDFC Bank

Company Law : The article explains that SBI and PNB are statutory bodies created under separate Acts and are therefore not governed by the Compa...

June 30, 2026 3456 Views 0 comment Print

Does Appointing a CFO Trigger Section 203 for Private Companies?

Company Law : The article examines the Hamlin Trust ruling, where the NCLAT held that CFO appointments must satisfy Section 203 eligibility requ...

June 30, 2026 642 Views 0 comment Print


Latest News


ICSI Seeks Action against Eligible Companies Failed to Appoint Whole-Time CS

Company Law : ICSI has urged the MCA to ensure eligible companies comply with Section 203 by appointing Whole-time Company Secretaries. The repr...

June 27, 2026 1788 Views 0 comment Print

Annual Survey of Incorporated Services Sector Enterprises (ASISSE): FAQs

Corporate Law : NSO has launched the Annual Survey of Incorporated Services Sector Enterprises (ASISSE) to collect comprehensive economic and oper...

June 24, 2026 1059 Views 0 comment Print

ICSI Seeks MCA Relief Due to Portal Disruptions After Data Centre Fire

Company Law : ICSI has requested the MCA to grant compliance relaxations following technical disruptions caused by the Data Centre fire. The pro...

June 18, 2026 9411 Views 1 comment Print

MCA Expands CSR Scope by Allowing Investment in Social Stock Exchange Instruments

Company Law : The MCA has widened CSR eligibility by recognizing subscriptions to Zero Coupon Zero Principal Instruments as a valid CSR activity...

May 30, 2026 1461 Views 0 comment Print

Provisional List of 1314 Audit Firms Missing NFRA-2 Filings for 2024-2025

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...

May 10, 2026 5283 Views 0 comment Print


Latest Judiciary


Bona Fide Dispute on Debt Bars Winding Up Petition Under Section 433(e): MP HC

Company Law : Madhya Pradesh HC dismissed a winding up petition, holding that a bona fide dispute over liability required adjudication before th...

July 5, 2026 87 Views 0 comment Print

NCLAT Sets Aside CFO Appointment as Articles Cannot Override Companies Act

Company Law : The NCLAT held that CFO nominees must satisfy the eligibility requirements under Section 203 of the Companies Act. It set aside th...

July 1, 2026 384 Views 0 comment Print

NCLT dispensed with shareholder meetings for Parle Group restructuring scheme

Company Law : Where a composite scheme of arrangement satisfies the procedural requirements of sections 230 to 232 of the Companies Act, 2013 an...

June 26, 2026 231 Views 0 comment Print

NCLT Compounds Delay in Holding AGM by Kolhapur Hotels

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...

June 25, 2026 210 Views 0 comment Print

NCLT Refuses Company Restoration as ROC Fails to Justify 4215-Day Delay

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 ...

June 24, 2026 150 Views 0 comment Print


Latest Notifications


MCA extended CCFS-2026 Until 31 August 2026

Company Law :  MCA extends the Companies Compliance Facilitation Scheme, 2026 up to 31 August 2026 due to data center restoration following the...

July 8, 2026 810 Views 0 comment Print

MCA Extends DPT-3 Late Fee Waiver Till 31st July 2026 Due to Data Center Fire

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...

June 19, 2026 16170 Views 2 comments Print

MCA Notifies New Development Bank as Body Corporate under Companies Act 2013

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...

June 16, 2026 510 Views 0 comment Print

ROC Imposes Penalty as Incorrect AGM Due Date Was Filed in AOC-4

Company Law : ROC Mumbai penalized a director after Form AOC-4 contained an incorrect AGM due date. The order emphasizes that directors are resp...

June 12, 2026 279 Views 0 comment Print

Duplicate DIN Attracts Penalty Because Companies Act Prohibits Possessing More Than One DIN

Company Law : ROC Mumbai imposed a penalty after finding that an individual held two Director Identification Numbers in violation of Section 155...

June 12, 2026 183 Views 0 comment Print


Quick Steps for Incorporation of a LLP using FiLLiP

April 5, 2023 10548 Views 0 comment Print

Discover quick steps for incorporating a Limited Liability Partnership (LLP) using FiLLiP on the MCA V3 portal. From login to essential details, this guide simplifies the process for new LLP incorporation, ensuring a seamless experience. Learn about designated partners, residency requirements, and crucial points to consider. Make your LLP incorporation hassle-free with Prakasha & Co.’s comprehensive guide.

MCA imposes penalty on company for delay in conducting board meeting

April 5, 2023 3045 Views 0 comment Print

In this case company was required to convene it’s fourth board meeting for the calendar year 2020 on or before 31.12.2020. However, company held its next board meeting on 01.02.2021 with delay of 31 day (i.e., From 01.01.2021 to 01.02.2021). Hence, the company has not complied the provision of the section 173(1) of the Companies […]

Functions of a Wholly Owned Subsidiary Company

April 5, 2023 5175 Views 0 comment Print

A wholly owned subsidiary is a company with 100% of its shares owned by another corporation, which is the parent company. A parent company can acquire a wholly owned subsidiary or create one through a split-off.

ICSI Request for extension of time period for filing of Form CSR-2

April 5, 2023 5067 Views 0 comment Print

Request for extension of time period for filing of Form CSR-2 for the financial year ended March 31, 2022 without levying additional fee

Company Law for Independent Director

April 4, 2023 26958 Views 0 comment Print

According to u/s 149(9) of companies act, an independent director shall not be entitled to any stock option and receive any remuneration by way of a fee provided under section 197 sub section 5, reimbursement of expenses for participation in a board and other meeting and profit related commission as may be approved by the members.

Company fails to file declaration for commencement of business – MCA imposes penalty

April 4, 2023 2625 Views 0 comment Print

As per the provisions of Section 10A(1), a newly incorporated company with share capital must file a declaration within 180 days of incorporation, confirming that every subscriber to the memorandum has paid the value of the shares agreed upon. The company also needs to verify its registered office details. However, Vena Energy Aura Private Limited failed to fulfill these requirements.

How to Claim Shares from IEPF (Investor Education and Protection Fund)

April 4, 2023 5565 Views 1 comment Print

Learn the step-by-step process of claiming shares from the IEPF (Investor Education and Protection Fund) under the Companies Act, 2013. Understand the forms, documentation, verification, and timelines involved to ensure a successful claim.

Valuation Required Under Various Acts by Registered Valuer

April 3, 2023 34101 Views 0 comment Print

Discover the intricacies of valuation under various acts by registered valuers. Explore the rules and regulations under the Companies Act, 2013, and delve into the valuation process under the Insolvency and Bankruptcy Code, 2016. Gain insights into specific sections and regulations, ensuring compliance with the latest requirements.

Audit Trail – Mandatory requirement of Companies Act, 2013

April 3, 2023 12378 Views 0 comment Print

Responsibilities regarding the implementation of Audit Trail requirement- Management is primarily responsible for the implementation and maintenance of audit trail feature in the accounting software.

Strike Off of Company – Steps, Pre-Requisites, Restrictions & FAQs

April 3, 2023 10251 Views 0 comment Print

Explore the steps, prerequisites, restrictions, and FAQs related to striking off a company under Section 248 of the Companies Act, 2013. Understand the voluntary process, compliance, and dissolution requirements.

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