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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


Threshold Limits under Companies Act, 2013: Comprehensive Guide

Company Law : Explore various threshold limits under the Companies Act, 2013, with detailed compliance requirements for listed, public, and priv...

July 17, 2024 168 Views 0 comment Print

Everything about Latest Amendment in DIR 3 KYC

Company Law : Understand the latest changes in DIR-3 KYC, including rules for updating email IDs and mobile numbers, fees, and filing details. L...

July 17, 2024 243 Views 0 comment Print

Board report & financial statement Signing: Companies Act & SEBI (LODR)

Company Law : Understand the nuances of signing board reports and financial statements under Companies Act and SEBI (LODR). Learn who must sign ...

July 15, 2024 729 Views 0 comment Print

Share Splitting Process Under Companies Act 2013 & SEBI (LODR) Regulations 2015

Company Law : Learn the detailed process of splitting shares under the Companies Act 2013 and SEBI (LODR) Regulations 2015, from board resolutio...

July 15, 2024 672 Views 1 comment Print

Compounding of Offences – Section 441 of Companies Act, 2013 – Analysis

Company Law : Learn about the compounding of offences under Section 441 of the Companies Act, 2013. Understand types of offences, authorities in...

July 15, 2024 390 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 93 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 396 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 10209 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 252 Views 0 comment Print


Latest Judiciary


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 2286 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 192 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 312 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 921 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 417 Views 0 comment Print


Latest Notifications


₹30 Lakh Penalty: Non-Appointment of CS after Crossing 5 Crore Paid-up Capital

Company Law : Discover the adjudication order under Section 203(1) of the Companies Act, 2013. Standard Glass Lining Technology Ltd. penalized f...

July 17, 2024 1470 Views 0 comment Print

MCA Eases Naming Rules for Nidhi Companies

Company Law : Check out the latest Companies (Incorporation) Amendment Rules 2024 issued by Ministry of Corporate Affairs, omitting word Nidhi f...

July 17, 2024 564 Views 0 comment Print

MCA Updates Rule 12A for Directors’ KYC with Effect from August 1, 2024

Company Law : Multiple Updates of Mobile Number or Email Address in DIN Allowed by MCA by submitting e‑form DIR‑3 KYC on payment of fees of ...

July 17, 2024 5544 Views 0 comment Print

MSME Form-1 amended: Companies to Report MSEs Overdue Payment

Company Law : Read about the Specified Companies Order amendment under Companies Act 2013 to enhance reporting on payments to micro and small en...

July 15, 2024 5145 Views 0 comment Print

Companies (Management and Administration) Amendment Rules, 2024: Form MGT-6 amended

Company Law : Government of India amends Companies (Management and Administration) Rules, 2014. Learn about the changes and the new Form MGT-6 e...

July 15, 2024 639 Views 0 comment Print


CLB chairman arrested by CBI for accepting bribe

November 24, 2009 849 Views 0 comment Print

Acting chairman of Company Law Board R Vasudevan was arrested by CBI for allegedly taking bribe of Rs seven lakh from a company secretary to give a favourable verdict to a media house. Mr. Vasudevan was arrested from his official residence at HUDCO Palace in south Delhi late last night while he was allegedly accepting the bribe from Manoj Banthia, who was also nabbed.

Govt may introduce Governance code for unlisted companies

November 20, 2009 652 Views 0 comment Print

The Ministry of Corporate Affairs is all set to introduce a governance code for unlisted companies on the lines of the one for listed firms to encourage more companies to register on the stock exchanges. Elaborate disclosures and compliance with governance code is seen as one big reason why many companies do not want to raise public funds and list on exchanges.

No ceiling for managerial remuneration in Companies Law Bill 2009

November 10, 2009 348 Views 0 comment Print

The new Bill, which is likely to come up in the Budget session in 2010, proposes no cap on the remuneration of CEOs, letting the shareholders decide the issue. Thanks to the Companies Law Bill 2009, the expression ‘shareholders’ democracy’ is gaining in popularity. The Government argues that shareholders should have a say in deciding the managerial remuneration. But what does shareholders democracy actually mean?

Government planning to allow section 25 companies to set up higher educational institutions

November 10, 2009 3194 Views 0 comment Print

The government is planning to permit corporate houses to set up higher educational institutions — like multi-disciplinary universities and colleges — by floating a separate not-for-profit entity under Section 25 of the Companies Act 1956.

MAT applicable on capital gains included in book even if same is not liable to be taxed

November 6, 2009 35826 Views 1 comment Print

In the present case, it is not in dispute that the long term capital gain earned by the assessee is included in the net profit determined as per P&L account prepared as per Part II and Part III of Schedule VI to the Companies Act. In other words, it is not the case of die assessee that the capital gain earned by the assessee was not included in the net profit determined as per P&L account of the assessee prepared under the Companies Act.

Meaning, reason and legal provisions related to Hostile Takeover

September 19, 2009 6161 Views 0 comment Print

What is meant by Hostile Takeover? Hostile Takeover is a type of acquisition in which, the company being purchased (Target Company) does not want to be purchased at all, or does not want to be purchased by a particular buyer (Acquirer) that is making a bid. In other words, the Acquirer intends to gain control […]

Sneak peek into the ‘Secretarial Standards’

September 18, 2009 985 Views 0 comment Print

As we all know that The Institute of Chartered Accountants of India (ICAI) has listed out numerous accounting principles and rules which are to be followed by the auditor fraternity while auditing the organizations they are appointed to audit for. ICAI has also introduced the Accounting Standards, most popularly called as ‘AS’ which are supplementary […]

SCODA proposed disclosure of audited balance sheet on a half-yearly basis by listed companies

September 16, 2009 363 Views 0 comment Print

Presently, all registered companies in India are required, inter-alia, under section 210 of the Companies Act, 1956 to lay down before its share holders, during its annual general meeting, a balance sheet, providing a statement of assets and liabilities of the company as at the end of the financial year. In terms of the above […]

Status of private limited company if shareholders exceed 50 and importance of records of ROC

September 14, 2009 1315 Views 0 comment Print

Supreme Court inter alia on prerequisites for conversion of a private company into a public company – It is not the records of the Registrar of Companies which determines the status of a company but the definition of a “private company” or “public company” as defined in section 3(1)(iii) and 3(1)(iv) of the Companies Act, 1956; having regard to the definition

Recognition can not be denied U/s. 80G (5) only on the ground that the particulars of donors are not provided by Institution or fund

September 9, 2009 2895 Views 0 comment Print

We have considered the rival submissions and perused the material on record. In our considered view , the reasons advanced by the learned CIT for refusing to grant continuation of recognition u/s 80G(5) are superfluous and do not stand to legal scrutiny within the meaning of section 80G(5).

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