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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


Incorporation Process for Private Limited Company

Company Law : Learn the step-by-step process to incorporate a Private Limited Company in India, from DSC and MCA ID to name reservation and post...

August 18, 2024 366 Views 1 comment Print

Loans & Investments Compliance under Section 186 of Companies Act, 2013

Company Law : Understand Section 186 of the Companies Act, 2013, covering company loans, investments, and compliance requirements, including boa...

August 16, 2024 582 Views 0 comment Print

Company Director Compliance Duties Under Companies Act, 2013

Company Law : Key compliance duties for company directors under the Companies Act, 2013, including disclosures, declarations, KYC, and meeting a...

August 16, 2024 930 Views 0 comment Print

Conversion of Limited Liability Partnership into Private/Public Company

Company Law : Learn the process and benefits of converting a Limited Liability Partnership (LLP) into a Private/Public Company under the Compani...

August 16, 2024 426 Views 0 comment Print

Rights Issue of Shares under Companies Act 2013: Procedures & Key Points

Company Law : Learn about the rights issue of shares under Companies Act 2013. Explore the process, key points, and steps for issuing shares to ...

August 15, 2024 579 Views 0 comment Print


Latest News


Foreign Company Closures and Job Losses in India

Company Law : Overview of foreign company closures, active subsidiaries, job losses in the auto industry, and investment data from 2014 to 2024....

August 6, 2024 207 Views 0 comment Print

Implementation and Status of MCA21 e-Governance Programme

Company Law : Explore the latest status of the MCA21 e-Governance program, Certified Filing Centres in Haryana, impact on corporate filings, and...

August 6, 2024 276 Views 0 comment Print

Measures to enhance corporate governance & CSR practices

Company Law : Govt. of India's recent measures to enhance corporate governance, prevent fraud, and ensure effective CSR practices. Insights on r...

August 6, 2024 195 Views 0 comment Print

Simplified Company Exit: C-PACE Cuts Processing Time

Company Law : Discover how C-PACE accelerates the company exit process from 2 years to under 90 days, streamlining operations and reducing backl...

August 6, 2024 297 Views 0 comment Print

Goa Companies Struck Off Register: Stats and Revival Details

Company Law : Discover the latest data on Goa-based companies struck off and revived, plus insights on related amnesty programs from the Ministr...

August 6, 2024 120 Views 0 comment Print


Latest Judiciary


Avoidance application timelines under IBC Regulation 35A is not mandatory: Delhi HC

Company Law : Delhi High Court held that timelines under Regulation 35A of the CIRP Regulations, 2016 for filing avoidance application are direc...

August 17, 2024 945 Views 0 comment Print

CA Barred for Five Years by NCLT for Failing Duties as Statutory Auditor

CA, CS, CMA : Read the full NCLT judgment/order on Union of India Vs CA. Ramaiah Nataraja. Bengaluru CA barred from statutory auditor role for c...

July 16, 2024 3279 Views 0 comment Print

U.S. Bankruptcy Court Moratorium Order Not Automatically Enforceable in India

Company Law : Explore the Calcutta High Court's decision in Uphealth Holdings, INC. Vs Dr. Syed Sabahat Azim & Ors. regarding the applicability ...

July 14, 2024 609 Views 0 comment Print

What If You Have Lost Your Debenture Certificate?

Company Law : Explore the implications of issuing duplicate debenture certificates under the Companies Act, 2013. Learn about legal remedies, as...

July 4, 2024 402 Views 0 comment Print

NCLT Approves Demerger Scheme: Raymond Limited & Raymond Lifestyle

Company Law : Read the NCLT judgment approving the demerger scheme between Raymond Limited and Raymond Lifestyle Limited. Detailed analysis and ...

July 3, 2024 1254 Views 0 comment Print


Latest Notifications


MCA imposes penalty for non-filing of Annual Returns & Financial Statements

Company Law : Easy Funds Finance Pvt Ltd and directors penalized for failing to file Annual Returns and Financial Statements. Total penalties am...

August 16, 2024 150 Views 0 comment Print

MCA imposes Penalty for Delay in Filing Resolution in e-Form MGT-14

Company Law : MCA imposes penalties on Agrilife Technologies Pvt Ltd for delayed filing of e-Form MGT-14 under Section 117 of Companies Act, 201...

August 16, 2024 102 Views 0 comment Print

Company Caried on business not mentioned in MOA: MCA imposes Penalty

Company Law : Registrar of Companies penalizes Paramount Dye Tec Limited for not disclosing trading activity in its MOA, violating Section 4(1)(...

August 14, 2024 168 Views 0 comment Print

Significant Beneficial Owner Rules Violation: MCA imposes Penalty

Company Law : MBL Infrastructure Ltd. faces scrutiny under Section 90 of the Companies Act for non-compliance. Details on adjudicating officer's...

August 13, 2024 114 Views 0 comment Print

Non-filing of e-form INC-22 within prescribed time: MCA imposes Penalty

Company Law : Nalam Mahalir Nidhi Ltd. fined ₹4 lakh for failing to file e-form INC-22. Penalty details and appeal process outlined by Coimbat...

August 13, 2024 99 Views 0 comment Print


Wholly Owned Subsidiary of Foreign Company under Companies Act, 2013

June 12, 2015 117839 Views 10 comments Print

This article is intended for those companies or startups that have registered their companies outside India and want to operate in India as part of a foreign company. A company can be registered as private limited or public limited. A private limited company is a closely held company and enjoys the privileges given by the Companies Act, 2013.

Foreign Company Establishment & Compliances – Companies Act 2013

June 12, 2015 47750 Views 5 comments Print

As Per Section 2 (42) Foreign company is a company or body corporate incorporated outside India which (a) has a place of business in India whether by itself or through an agent, physically or through electronic mode; and (b) conduct any business activity in India in any other manner Simple definition give understanding that even […]

Procedure for Transmission of Shares

June 12, 2015 21035 Views 3 comments Print

Shares are movable property. Its ownership can change hands. If ownership of shares goes from one person by voluntary act of parties, it is termed as Transfer of Shares. If the ownership of shares goes to another by operation of law. It is called transmission of shares. Transmission is involuntary transfer of ownership of shares […]

Statutory Auditors to Attend AGM Compulsorily?

June 11, 2015 53655 Views 0 comment Print

The Company jurisprudence in India enshrines statutory auditors who audit the accounts of a company as representatives of the shareholders who appoint them at every Annual General meeting {AGM} to look after the interest of the shareholders.

Chart on Penalties under Companies Act 2013

June 11, 2015 127963 Views 0 comment Print

Company and every officer of the company who is in default or such other person shall be punishable with fine which may extend to ten thousand rupees and where the contravention is continuing one with a further fine which may extend to one thousand rupees for every day after the first during which the contravention continues.

Plethora of exemptions to government companies!!!!

June 11, 2015 2346 Views 0 comment Print

Ever since the draft notifications were placed before the Parliament, companies have been eagerly waiting for the approval and promulgation of the same. Finally the exemption notifications saw the light of day with MCA releasing 4 exemption notifications in bulk on June 05, 2015. Among the four notifications, one notification pertains to Government Companies (‘Govt. […]

Section 188 – Related Party Transactions

June 11, 2015 3109 Views 0 comment Print

Manshi Baid The definition of Related Party is given in Clause (76) of section 2 of Companies Act 2013 . This section provides that a related party for a company are :- 1.      A director or his relative 2.      A key managerial personnel or his relative 3.      A firm in which director , manager or […]

Private company exemptions- has the wait paid off?

June 10, 2015 5646 Views 0 comment Print

Prudence has at last endowed on the Parliament, to have finally cleared the exemption notifications, long lying on its desk awaiting its dissemination. After a long wait and completion of one complete financial year, Indian private companies have now been bestowed with exemptions on June 5, 2015 from such provision of law, which should have not been applicable to it in the very first place.

Summary of Exemption to Private / Government / Section 8 Companies and Nidhis

June 9, 2015 6250 Views 1 comment Print

Government issues final notifications under section 462 of the Companies Act, 2013 (Act) that provide Exemptions under various provisions of the Act to (i) Private Companies (ii) Government Companies (iii) Section 8 Companies and (iv) Nidhis The Ministry of Corporate Affairs, Government of India issued the final notifications under Section 462 of the Companies Act, […]

Place of Keeping of Books of Accounts, Other Relevant Books & Papers and Financial Statement

June 9, 2015 10964 Views 0 comment Print

As per Section 128 of the Companies Act, 2013, Every company shall prepare and keep at its registered office books of account and other relevant books and papers and financial statement for every financial year which give a true and fair view of the state of the affairs of the company, including that of its branch office or offices

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