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 : The Companies Act, 2013 and related rules now require most public and private companies to issue and transfer securities only in d...
Company Law : The Companies Law Amendment Bill, 2026 proposes major reforms in corporate governance, compliance, and digital regulation. This ar...
Company Law : This guide explains the complete legal procedure for shifting a company’s registered office within the same state but under a di...
Company Law : Section 56 of Companies Act, 2013 requires execution of a proper instrument of transfer for transfer of interest of a member in a ...
Corporate Law : The article explains how digital adjudication systems, virtual hearings, and online compliance platforms are reshaping India’s c...
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 : ICSI recommended restoring public access to basic company master data without mandatory login requirements. The representation sta...
Company Law : NFRA introduced guidelines to evaluate audit firms’ compliance and quality control systems. The framework emphasizes governance,...
Company Law : ICSI highlights delays in marking defective forms by RoCs under CCFS 2026. It urges MCA to mandate time-bound processing or allow ...
Company Law : The issue is ambiguity in filing authority during liquidation. ICSI has requested clarity to enable liquidators to maintain statut...
Company Law : The Madras High Court permitted Nidhi companies to submit fresh replies against NDH-4 rejection orders and directed authorities to...
Company Law : Legal Analysis and Narrative Brief: Dale and Carrington Investment Pvt. Ltd. and Another v. P.K. Prathapan and Others (Supreme Cou...
Company Law : The case examined whether Tribunal approval was required for extending preference share redemption. It was held that such extensio...
Company Law : The Tribunal held that allegations of siphoning ₹30 lakh were not supported by any evidence tracing funds to the respondent. Mer...
Company Law : The Court held that a separate meeting of sub-class shareholders is not required when identical terms are offered to the entire cl...
Company Law : ROC Pune held that procedural lapses in a private placement involving one investor formed part of a single integrated transaction ...
Company Law : ROC Pune penalized a start-up company and its officers for delayed filing of e-Form MGT-14 relating to a Special Resolution under ...
Company Law : ROC Pune penalized a company and its directors for delayed filing of e-Form PAS-3 relating to private placement allotment under Se...
Company Law : ROC Pune penalized a company and its directors for utilizing private placement funds before filing return of allotment under Secti...
Company Law : ROC Mumbai-II imposed penalty under Section 450 after a company incorrectly mentioned the AGM date in Form AOC-4 XBRL. The order h...
MCA notifies PM CARES as eligible to receive CSR Corpuses of corporates as it amends Schedule VII of Companies Act, 2013 vide Gazette Notification dated 26th May, 2020 and included Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) in Corporate Social Responsibility (CSR) Activities under Section 135 of Companies Act, 2013. […]
What Is an Employee Stock Ownership Plan (ESOP)? An ESOP is an employee benefit plan that gives workers ownership interest in the company that is floated by the Company to encourage the employee ownership in the Company. ESOPs give the Employer Company, the selling shareholder, and participants receive various benefits like tax benefits, making them […]
Companies Fresh Start Scheme, 2020 (CFSS) under Section 460 of the Companies Act, 2013 (Act) read with Section 403 to provide a first of its kind opportunity to long defaulting companies to make good any filling related defaults, irrespective of the duration of defaults, without any additional fees/ penalty / prosecution and make a fresh start as a fully compliant entity.
Private Limited Company is defined under Section 2(68) of the Companies Act, 2013, means a company which by its Articles: (i) Restricts the Right to transfer its shares. (ii) Expect in case of One Person Company, limits the number of its members to Two hundred. Provided that where two or more persons hold one or […]
Independent Directors are directors who are not associated with the company. They are important for strengthening the corporate governance contributing significantly at the boards by bringing a specialized set of skills with an independent judgement. Independent Directors act as the custodians of good governance and balances the interest of the company and the interest of […]
In order to provide relief to law-abiding Companies and Limited Liability Partnerships (LLPs) from the COVID 19 impact, the Ministry of Corporate Affairs (MCA), has introduced the ‘Companies Fresh Start Scheme, 2020‘ and revised the ‘LLP Modified Settlement Scheme, 2020‘. Both schemes provide a one-time waiver of additional filing fees for delayed filings by the companies or LLPs […]
MCA vide circular No. 11/2020 dated 24th March, 2020 has taken certain measures, to address COVID -19 including economic disruptions caused by it, for companies in order to reduce their compliance, burden and other risks and notified Company Fresh Start Scheme 2020 for defaulting Companies to give them an opportunity to be Legal Compliant under […]
Request Letter for Transfer of Shares Date: Place: To, The Board of Directors ………………….. ………………….. Sub: Request for transfer of………………….. Equity Shares Ref:- Folio No ……………………………………….. Dear Sir(s) This is to inform you that I,………………….. , the Shareholder of …………………..shares in your Company, request you to transfer my …………………… Equity Shares held in the Company […]
Request letter for Splitting of Share Certificate Date : Place: To …………………………………..Ltd. ………………………………….. ………………………………….. Dear Sir/Madam, Subject: Splitting of share Certificate Ref: Folio No. : I am shareholder of your Company holding………………………………….. Equity Shares of Rs 10 each under captioned folio no………………………………….. I wish to split Share Certificate No……………………Into………………………………….. Certificates of………………………………….. Equity Shares each. I […]
According to The World Bank’s Ease of Doing Business 2020 survey, “India stand at 63, among 190 countries, making it one of the world’s top 10 most improved countries for the third consecutive time.” Among other improvements, the Ministry of Corporate Affairs (MCA) has fueled the Government of India’s (GoI) ease of doing business initiative. […]
