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 adjudicating authority held that non-receipt of official correspondence proved a breach of the statutory duty to maintain a registered office. Penalties were imposed on the company and its directors under Section 12(8) of the Companies Act.
The ruling confirms that when equal owners are locked in irreconcilable deadlock, a solvent company may be wound up on just and equitable grounds.
The rules make it clear that any appointment, resignation, or designation change of directors or KMPs must be filed in DIR-12 within the statutory timeline to avoid penalties.
Paid-up capital and turnover limits were enhanced to widen the small company regime. The change reduces regulatory burden and expands access to compliance relaxations.
The Registrar held that failure to disclose the risk management policy in the Board’s Report violated statutory reporting obligations. The key takeaway is that directors remain personally liable even after company strike-off.
Non-maintenance of statutory registers triggered adjudication under company law. Officers in default were held personally liable despite liquidation.
The adjudicating authority held that non-appointment of an internal auditor despite crossing the statutory turnover threshold violated company law. Directors were personally penalised, reinforcing strict compliance with audit requirements.
The adjudicating authority held directors liable for non-filing of Form MGT-8 for an earlier financial year. Liquidation of the company did not shield officers from personal penalties.
The adjudicating authority held that failure to disclose deposits accepted from related parties violated mandatory Board report norms. The key takeaway is strict enforcement of deposit disclosure requirements under company law.
Failure to give proper prominence to proxy-related rights in AGM notices led to adjudication. A monetary penalty was imposed on the director under the Companies Act.
