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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


Day, Time & Venue for AGM & EGM under Companies Act, 2013 & SS-2

Company Law : Learn the rules for day, time, and venue of Annual and Extraordinary General Meetings under the Companies Act, 2013 and Secretaria...

September 11, 2024 102 Views 0 comment Print

Disqualification of Director Under Companies Act, 2013- Grounds, Consequences & Remedies

Company Law : Learn about the disqualification of directors under the Companies Act, 2013. Explore personal and company-related offenses, remedi...

September 11, 2024 609 Views 0 comment Print

Comprehensive Guide to Cost Audit Applicability, Exemptions & Compliance

Company Law : Learn about cost audit applicability, exemptions, and compliance under Section 148 of the Companies Act, 2013, including regulated...

September 11, 2024 267 Views 0 comment Print

Procedure of Conversion of Loan into Equity shares

Company Law : Learn about the process, benefits, and drawbacks of converting loans into equity. Understand the steps involved, including shareho...

September 10, 2024 786 Views 0 comment Print

Section 230 of Companies Act: Power to Compromise with Creditors/Members

Company Law : Section 230 of Companies Act, 2013, outlines procedures for compromises and arrangements between companies and creditors or shareh...

September 10, 2024 576 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 243 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 318 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 246 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 375 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 144 Views 0 comment Print


Latest Judiciary


Section 5 of Limitation Act not applies to appeals under Section 421(3) of Companies Act 2013

Company Law : Supreme Court upholds NCLAT's decision, ruling that appeals filed beyond 90 days are not maintainable under Section 421(3) of the ...

September 1, 2024 159 Views 0 comment Print

Stock Exchange NOC Not Required for Revival Schemes of Liquidating Companies

Company Law : NCLAT New Delhi held that prior NOC from stock exchanges under Regulation 37(1)(2) the SEBI (Listing Obligation and Disclosure Req...

August 28, 2024 189 Views 0 comment Print

Non-declaration of dividend & director changes not Oppression & Mismanagement: NCLAT Delhi

Corporate Law : NCLAT clarifies that non-declaration of dividend and director changes cannot be considered acts of oppression and mismanagement in...

August 21, 2024 177 Views 0 comment Print

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 1245 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 3360 Views 0 comment Print


Latest Notifications


National Bank for Financing Infrastructure Declared PFI

Company Law : Ministry of Corporate Affairs declares the National Bank for Financing Infrastructure and Development as a public financial instit...

September 11, 2024 54 Views 0 comment Print

Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2024

Company Law : MCA amends Companies Rules 2016 with new provisions on mergers and amalgamations of foreign holding companies with Indian subsidia...

September 9, 2024 546 Views 0 comment Print

IEPFA (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2024

Company Law : The Ministry of Corporate Affairs has updated the IEPF rules to simplify the process for investors to claim lost or unclaimed secu...

September 9, 2024 483 Views 0 comment Print

Companies (Indian Accounting Standards) Second Amendment Rules, 2024

Company Law : The Ministry of Corporate Affairs amends Companies (Ind AS) Rules, introducing new leaseback regulations. Effective from 9th Septe...

September 9, 2024 1356 Views 0 comment Print

NFRA Penalizes CA for failure to meet requirements of Standards on Auditing

Company Law : NFRA penalizes CA Santosh Deshmukh ₹5L & 1-year debarment for audit lapses in Sanwaria Consumer Ltd's FY 2017-18 audit. Key audi...

September 9, 2024 2892 Views 0 comment Print


Bill Likely to Relax Rotation of Auditors

February 25, 2011 8890 Views 0 comment Print

In what could be a breather to India Inc, the corporate affairs ministry is proposing diluting norms for rotation of auditors and audit firms for companies in the new Companies Bill. The bill will be taken up for consideration in Parliament in the ongoing Budget session.

CLB’s power to set-aside Agreements/Contracts under section 397/398?

February 20, 2011 1645 Views 0 comment Print

There can be disputes between majority group and minority shareholders in any Company and these disputes come very frequently in closely held companies or Private Limited Companies. The Companies Act, 1956 provides certain rights to the shareholders

Companies Bill 2009 to be tabled in Budget session

February 19, 2011 345 Views 0 comment Print

After considering the views of the industry and a House panel, the government will table the Companies Bill 2009 in the forthcoming Budget session, the Ministry of Corporate Affairs said today.

Comprehensive Revision of Companies Act 1956

February 18, 2011 1135 Views 0 comment Print

Keeping in view the developments taking place nationally as well as internationally and with a view to modernize the structure for corporate regulation in India and represent a major reform statement by the Government to promote the development of th

CBI to approach CLB on links between Reliance, Swam in 2G scam

February 18, 2011 234 Views 0 comment Print

With the Reliance funding into Swan telecom under scanner, the CBI will soon approach the Company Law Board to look into the association between Reliance Group and the controversial Telecom Company in the 2G spectrum scam. The Swan Telecom is alleged

Wide differences between Govt and industry on Companies Bill 2009

February 18, 2011 261 Views 0 comment Print

India Inc is not on board with the government on several key issues pertaining to independent directors, managerial remuneration and rotation of auditors, as proposed in the Companies Bill, a senior official said on Thursday.

Managerial remuneration in unlisted companies having no profits / inadequate profits

February 15, 2011 534 Views 0 comment Print

Ministry of Corporate Affairs, Government of India (MCA), has on 8 February 2011 issued a Press Note No. 4/2011 of its intention to amend Schedule XIII of the Companies Act 1956 (the Act) relating to managerial remuneration. The amendment will be app

Exemption from attaching accounts of subsidiaries with balance sheet of holding company

February 15, 2011 5106 Views 0 comment Print

Ministry of Corporate Affairs, Government of India (MCA), has on 8 February 2011 issued directions through General Circular No. 2/2011 and Press Note 3/2011 exempting holding companies from attaching specified particulars of its subsidiary companies

CLB's power and responsibility under section 402 of Companies Act, 1956?

February 14, 2011 4726 Views 0 comment Print

In any litigation, the Court or the authority adjudicating the matter can pass interim orders and the matter will get finally disposed of. Once the matter is dispose of finally, there ends the litigation and the final order can be executed. If there is a provision for review having limited scope, the court can review its order. This is the procedure in any case; be it a suit for recovery of money, be it a petition seeking divorce, be it a petition for compensation under Motor Vehicle Law and be it a Writ Petition.

Govt proposes to keep new company bill flexible

February 14, 2011 471 Views 0 comment Print

The government is proposing to keep the new company legislation flexible so that rules and regulations governing companies can be updated quickly without following the cumbersome procedure of amendment through Parliament.

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