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...
The NCLT Mumbai held that developments occurring during the pendency of proceedings could be incorporated when they were connected with existing allegations of oppression and mismanagement. The Tribunal found that such amendments would aid effective adjudication.
The NCLT Allahabad Bench allowed dispensation of meetings for shareholders and creditors in a merger involving wholly owned subsidiaries. The Tribunal held that consent affidavits, absence of creditors in transferor companies, and lack of prejudice to stakeholders justified the relief.
The article explains that loans received from partnership firms do not qualify as exempt borrowings under the Companies (Acceptance of Deposits) Rules, 2014. Even where partners are directors of the company, the loan may be treated as a deposit requiring DPT-3 disclosure.
Shareholder loans received by private companies do not qualify as exempted borrowings under Rule 2(1)(c). The article explains why such amounts should generally be reported as deposits in Form DPT-3.
The Karnataka High Court held that criminal proceedings under Sections 447 and 448 of the Companies Act could not continue against a former director who had resigned before the company’s commercial activities began. Finding no specific allegations against him, the Court quashed the proceedings.
The NCLT Indore restored the company’s name after noting that it owned significant immovable property and that continued strike-off would prejudice shareholders and stakeholders. The Tribunal held that restoration was justified subject to compliance with pending statutory obligations.
The article explains that focusing only on environmental goals weakens ESG effectiveness. Social responsibility and ethical governance are essential to ensure accountability, trust, and long-term institutional value.
The Tribunal held that meetings of shareholders and creditors were unnecessary where the transferor was a wholly owned subsidiary, no new shares were to be issued, and no compromise with stakeholders was proposed. The first motion application was accordingly allowed.
The Tribunal held that the proposed reduction would not adversely affect the company’s ability to meet its liabilities. It approved the scheme after finding that creditors’ interests remained protected.
The Tribunal held that the proposed Section 339 relief flowed directly from the SFIO investigation report forming the basis of the existing petition. The amendment was permitted to enable comprehensive adjudication of the alleged fraud.
