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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

Removal of Directors: Section 169 of Companies Act, 2013

Company Law : Learn the detailed procedure for the removal of directors under Section 169 of the Companies Act, 2013, including non-applicabilit...

July 12, 2024 705 Views 0 comment Print

Compliance of Related Party Transactions under Companies Act, 2013

Company Law : Explore compliance of Related Party Transactions under Companies Act, 2013 in Indian public companies. Understand key provisions, ...

July 12, 2024 1353 Views 0 comment Print

Consumer’s Response to CSR

Company Law : Explore how corporate social responsibility (CSR) impacts consumer behavior and purchase decisions, enhancing brand loyalty and tr...

July 12, 2024 180 Views 0 comment Print

Understanding Filing Requirements for BEN-2 and LLP BEN-2

Company Law : Understand the filing requirements for BEN-2 and LLP BEN-2 as per the Companies (SBO) Rules, 2018 and recent MCA notification for ...

July 9, 2024 696 Views 0 comment Print

Concept of Alternate Director under Companies Act, 2013

Company Law : Understand the concept of Alternate Director under Section 161(2) of Companies Act, 2013. Learn about appointment conditions, proc...

July 9, 2024 378 Views 0 comment Print

Latest News

Issues in filing of return in Form DPT-3 for financial year ending 31.03.2024

Company Law : Discover the challenges faced by the Institute of Company Secretaries of India in filing Form DPT-3 for FY 2023-24. Learn about te...

June 28, 2024 87 Views 0 comment Print

ESI/EPF Registration in e-form AGILE-PRO-S: Request to Develop Optionality

Company Law : Explore the challenges faced by newly incorporated companies regarding mandatory ESI and EPF registrations in India, with proposed...

May 24, 2024 186 Views 0 comment Print

ICMAI Advisory: Unit of Measure & Cost Audit Report Submission

CA, CS, CMA : ICMAI issues advisory for members regarding Annexures in Cost Audit Reports & timely submission. Ensure compliance for statutory r...

May 10, 2024 387 Views 0 comment Print

ICAI CCM Dhiraj Khandelwal clarifies on NFRA Order

Company Law : Delve into the NFRA order controversy with detailed analysis on penalty imposition, opinion disparities, and key issues. Gain insi...

April 30, 2024 10203 Views 0 comment Print

Processing Delays of MCA Forms – Challenges and Solutions

Company Law : Explore the issues and challenges in processing MCA forms at CPC. Learn about the proposed solutions for timely approval and the i...

April 30, 2024 129 Views 0 comment Print

Latest Judiciary

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 105 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 297 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 876 Views 0 comment Print

Share Allotment at Concessional Price is Oppressive to Existing Members: NCLT

Company Law : Full text of the NCLT Mumbai judgment in Ajay Tajpuriya vs Goel Ganga Infrastructure case. Detailed analysis of the order concerni...

June 15, 2024 411 Views 0 comment Print

NCLT cannot  unilaterally change appointed date while admitting scheme of arrangement 

Company Law : NCLAT rules NCLT's role in amalgamation schemes is supervisory, not appellate. Learn about the Marathon Nextgen Townships Pvt Ltd ...

June 9, 2024 375 Views 0 comment Print

Latest Notifications

Non-reporting of violations in audit report: MCA imposes Penalty on CA

Company Law : Learn about MCA's penalty for failure to report violations in audit reports under Section 143 of the Companies Act, 2013. Detailed...

July 13, 2024 378 Views 0 comment Print

2 DIN obtained in Violation of Section 155: MCA imposes Penalty of 2.92 Lakh

Company Law : MCA penalizes Harjinder Kaur Chawdhary ₹2.92 lakh for violating Section 155 of the Companies Act, 2013 by obtaining two Director...

July 13, 2024 60 Views 0 comment Print

Delay in Share Certificate Issuance – Section 56(4): MCA imposes Penalty

Company Law : MCA imposes a penalty on T. Forrest & Sons India Pvt Ltd for delaying the issuance of share certificates, violating Section 56(4) ...

July 13, 2024 102 Views 0 comment Print

Non-Regularisation of Additional Director: MCA Imposes ₹3 Lakh Penalty

Company Law : Explore the implications of MCA penalizing TDMAX Manufacturing & Services Pvt Ltd for not regularizing an additional director unde...

July 13, 2024 54 Views 0 comment Print

CSR provision Violation -Section 135(5): MCA Imposes Penalty of ₹1.06 Crore

Company Law : Read the detailed penalty order issued by the Registrar of Companies, Gujarat, Dadra & Nagar Haveli against Ganesh Green Bharat Li...

July 13, 2024 2472 Views 0 comment Print

No proposal for any upper cap on the number of independent directors: Union Government

March 11, 2010 354 Views 0 comment Print

The Companies Bill, 2009 has not proposed any upper cap on the number of independent directors, but, sub-clause (3) of clause 132 of the Companies Bill, 2009 provides that at least one-third of total directors shall be independent directors to be appointed in every listed company having certain amount of paid up capital to be prescribed by the Central Government.

Share Transfers – Allegations of Forgery, Fraud Etc. – The Remedy – Indian Company Law?

March 8, 2010 17800 Views 7 comments Print

Share transfers: We all know the settled law that the Private Company can have restrictions in its Articles restricting the right of its shareholders in transferring the shares. There can not be any such restriction in the articles of Public Companies as it is expressly prohibited under law. The Private Company can refuse to register the transfer or transmission of shares on certain grounds and the scope of refusal of registration of transfer or acceptance of transfer are very limited in Public Companies as everybody knows.

Government prosecuted over 13,000 companies during last three years for violation of provisions of Companies Act, 1956

March 6, 2010 660 Views 0 comment Print

Government on Thursday said it has prosecuted over 13,000 companies during the three years ending 2008-09 for not following the provisions of the Companies Act. “As many as 13,437 companies were prosecuted for non-compliance of provisions of the Companies Act, 1956, during the last three years–2006-07 to 2008-09,” Corporate Affairs Minister Salman Khurshid told the Lok Sabha.

Company Liquidation – Winding-Up – Preferential Payments- Official Liquidator – Indian Company Law

March 5, 2010 13382 Views 9 comments Print

Winding-up – a brief: The Companies Act, 1956 contain elaborate provisions as to when a Company is to be wound-up, the procedure for initiating winding-up proceedings, the role of the managerial personal if the company is wound-up by the Company Court and the liquidation process to be conducted by the Official Liquidator appointed by the Company Court.

Company Law Board – Procedures – Inevitable delay – Indian company law

March 3, 2010 537 Views 0 comment Print

I need not reiterate the fact that Company Law is complicated everywhere in view of its exposure, the interest of the stake holders, plethora of regulations, the stakes and the responsibility of the state or the statutory authorities. As everybody knows, in India, the jurisdiction to decide company disputes substantially rests with the Company Court and the Company Law Board.

Law governing Political Contributions in India

February 27, 2010 1460 Views 0 comment Print

In India, elections are always round the corner. In some or the other state, there are elections waiting to happen. Companies are though creatures of law but are run by individuals and due to varied reasons, these individual would like to make contributions to some political parties. In this context, the basic question arises as to whether political contributions by companies permissible under Indian laws?

Petition under section 397/398 –Indian Company Law – Issue of subsequent events and happenings

February 20, 2010 963 Views 0 comment Print

I personally feel that an application under section 397/398 of the Companies Act, 1956 is a serious thing exposing serious misunderstandings between majority and minority group in the Company. We see this groupism in private limited companies and closely held public companies too at times.

Mismanagement of Company Properties – Company Law in India – A Case Study

February 16, 2010 1005 Views 0 comment Print

Company Law is very interesting and complicated. A shareholder having a substantial stake in the Company should be very careful as to how the Company functions and as to whether there is any chance for oppression and mismanagement. A substantial shareholder in a Company should always have an eye on the functioning of the Company and should keep track of all the transactions or the business.

A Quick Reference Guide For those investing in share market

February 14, 2010 342 Views 0 comment Print

Risk Revisited :-When you invested, you did so with certain expectations about the performance of the company, the prospects of income from and/or the capital growth of the securities that you now hold, the corporate benefits that may accrue to you etc. While making that investment decision, you should have, obviously, taken note of and duly evaluated the attendant risks that go with such expectations.

New Companies Bill 2009 expected to be enacted by the end of this year: Khurshid

February 6, 2010 754 Views 0 comment Print

The new Companies Bill with stricter corporate governance norms is expected to be enacted by the end of this year, Corporate Affairs Minister Salman Khurshid said today. Companies Bill 2009, which lapsed with the dissolution of the 14th Lok Sabha, was reintroduced in the Lok Sabha in August last year.

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July 2024