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 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 ROC held that filing AOC-4 with incorrect company status details constitutes a violation of Rule 8(3). Rectification through GNL-1 does not eliminate liability, and penalties were imposed under Section 450.
Filing incorrect AGM date and due date in Form AOC-4 triggered adjudication proceedings under Section 454. The authority emphasized that MCA filings are public records relied upon by regulators and stakeholders. Responsibility for accuracy rests with the authorised signatory, who was held personally liable.
ROC Kolkata imposed penalties after a Whole-time Director appointment was made effective before passing the Board resolution. The five-day contravention triggered action under Section 450.
The Registrar held that appointing a CFO with retrospective effect without a prior Board resolution violates Section 179 of the Companies Act, 2013. Penalty was imposed under Section 450 as no specific punishment is prescribed for the default.
The authority found that approving financial statements before obtaining the Secretarial Audit Report contravened statutory requirements. A monetary penalty was imposed with compliance directions.
Failure to properly maintain Minutes Books under Section 118 led to adjudication by ROC. The company and its directors were fined for breaching Secretarial Standard-1.
The company failed to meet the statutory quorum of 30 members at AGMs, attracting penalty under Section 450. Directors were also fined ₹50,000 each for non-compliance.
The Registrar held that failure to file Form MGT-14 for approval of financial statements violated Section 117(1) read with Section 179(3)(g). Penalty was imposed under Section 117(2) on both the company and its officers in default.
The Registrar of Companies levied maximum penalties under Section 12(8) after official letters were returned undelivered. Non-response to the show cause notice led to adjudication under Section 454.
The Government clarified how regulatory powers and red-flag indicators are used to tackle shell and dormant companies misused for capital rotation.
