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...
Central Government hereby makes the following further amendments in Schedule III to the Companies Act 2013 with effect from 1st day of April, 2021
Process of Incorporation of Private Limited Company through SPICe+ and frequently asked questions (FAQ) on SPICe+ As part of Government of India’s Ease of Doing Business (EODB) initiatives, the Ministry of Corporate Affairs introduced a web based incorporation service called as SPICe+. SPICe+ is one stop solution for services offered by 3 (three) Central Government […]
Dear readers, as we all know, know a day youngster are giving preference to start their own venture instead of doing jobs. Some of them have a unique scalable idea for which they require external funding like seed funding from investors. As per data available on MCA portal even during Covid period a large number […]
The importance of Corporate Social Responsibility (hereafter referred as CSR) was much more defined in the new Company Law of 2013 in comparison to the erstwhile Companies Act where there was no specified provision for the same. With the enactment of the Companies Act 2013 by the Ministry of Corporate Affairs Government of India, the […]
Section 196, Section 197 And Schedule V of Companies Act, 2013 Read with Companies (Amendment) Act, 2020 Section 196 of Companies Act, 2013 Appointment of Managing Director, Whole-time Director or Manager Qualifications for appointment as Managerial Personnel U/S 196 of Companies Act, 2013: Followings are considered as Managerial Personnel u/s 196 of the Companies Act, […]
The Hon’ble AAR, Uttar Pradesh in the matter of M/S. Dwarikesh Sugar Industries Limited [Order No. 52, dated January 22, 2020] held that expenses incurred towards Corporate Social Responsibility (CSR) by the Company in order to comply with requirements under the Companies Act, 2013 (Companies Act) qualify as being incurred in the course of business […]
MCA has vide its Notification Dated 24th March 2021 notified Companies (Audit and Auditors) Amendment Rules, 2021 and omitted clause (d) of Rule 11 of Companies (Audit and Auditors) Rules, 2014 and added clause (e), (f) and (g). The analysis of pre and post amendment of other matters to be included in the Auditor’s Report […]
Companies (Accounts) Amendment Rules, 2021 MCA has vide its notification dated 24.03.2021 (Companies (Accounts) Amendment Rules, 2021) notifies that for the financial year commencing on or after the 1st day of April, 2021, every company which uses accounting software for maintaining its books of account, shall use only such accounting software which has a feature […]
MCA Notifies the date of commencement of Section 23 and Section 45 of Companies (Amendment) Act, 2020 The Ministry of Corporate Affairs (MCA) vide its Notification Date appointed the 24th March 2021 for commencement of Section 23 and Section 45 of the Companies (Amendment) Act, 2020. Comparative Sections are as follows:- S No. Section of […]
As per Section 153 of the companies Act 2013, everyone who intending to be appointed as director of a company shall make an Application electronically for allotment of a Director Identification Number (DIN). The DIN Form is available on MyMCA portal i.e. Form DIR-3. The form has to be filled online and submitted for DIN […]
