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FAQs on Companies Compliance Facilitation Scheme, 2026  (CCFS-2026)

Company Law : The scheme provides a last opportunity for defaulting companies to file pending returns and financial statements with reduced pena...

April 24, 2026 447 Views 0 comment Print

Essentials for Converting Partnership firm into a Private Limited Company

Company Law : This guide explains the mandatory conditions, documentation, and procedural steps for converting a partnership into a company. It ...

April 15, 2026 4197 Views 2 comments Print

Preference Share Extension Not Reissuance if Within Statutory Limit: NCLT

Company Law : The case examined whether extending redemption timelines amounts to reissuance. The Tribunal held that extensions within statutory...

March 31, 2026 483 Views 0 comment Print

AGM Deadline Not Extended Despite Filing Relaxation: MCA Clarifies

Company Law : MCA has confirmed that extension of annual filing timelines till 31st December 2025 does not extend statutory deadline for holding...

November 1, 2025 6921 Views 1 comment Print

Comprehensive Guide to Bonus Shares Issuance by Private Companies

Company Law : A guide to issuing bonus shares for private companies under the Companies Act, 2013, covering legal frameworks, procedural steps, ...

August 18, 2025 5364 Views 0 comment Print


Latest News


MCA Consultation on Filing Reforms & Simplifying Compliance for Viksit Bharat 2047

Company Law : The initiative addresses inefficiencies in the current filing system and proposes consolidation and automation. It highlights a sh...

April 17, 2026 357 Views 0 comment Print

NFRA Pulled Up Singhi & Co. for Lack of Independence Monitoring Systems

Company Law : NFRA found major deficiencies in audit documentation and archival practices. The report highlights the need for stronger controls ...

March 28, 2026 432 Views 0 comment Print

NFRA Inspection Report Flags Audit Issues in PwC Network Firms

Company Law : The inspection report highlights deficiencies in audit documentation, independence monitoring and compliance with auditing standar...

March 18, 2026 1017 Views 0 comment Print

NFRA Inspection Finds Audit Documentation Gaps in SRBC & Co. LLP

Company Law : The regulator found that the audit firm lacked an effective monitoring mechanism to ensure firmwide independence policies were pro...

March 18, 2026 750 Views 0 comment Print

NFRA Flags Documentation and Risk Assessment Issues in BSR & Affiliates Audits

Company Law : NFRAs inspection found gaps in audit documentation, revenue testing, and risk assessment practices, stressing the need for stronge...

March 18, 2026 606 Views 0 comment Print


Latest Judiciary


Director Limit Violation: MCA imposes Rs. 2 Lakh Penalty

Company Law : Penalty imposed on Sh. Laxit Awla under Section 165 of Companies Act, 2013, for exceeding directorship limits. Details on violatio...

November 24, 2024 1575 Views 0 comment Print

Suo Moto NCLAT Delhi order under Insolvency, Competition & Company Law

Corporate Law : That the period of lockdown ordered by the Central Government and the State Governments including the period as may be extended ei...

March 30, 2020 1497 Views 0 comment Print


Latest Notifications


ROC Mumbai imposed penalty for Holding Two DINs

Company Law : ROC Mumbai imposed penalty for possessing duplicate Director Identification Numbers in violation of Section 155. The ruling highli...

May 8, 2026 144 Views 0 comment Print

Company Penalized as DIR-12 for Director Cessation Was Filed After 2721 Days

Company Law : ROC Delhi held that failure to regularize an Additional Director at the next AGM violated Section 161(1) of the Companies Act. Sin...

May 8, 2026 156 Views 0 comment Print

ROC Imposed Penalty for failure to report cessation of Additional Director

Company Law : The ROC found that the company failed to timely record cessation of an Additional Director whose office had automatically vacated ...

May 8, 2026 126 Views 0 comment Print

ROC Imposes Penalty for Wrong Company Secretary Membership Number in DIR-12

Company Law : ROC Mumbai held that even clerical mistakes in DIR-12 can attract penalty under Section 450 when incorrect information is certifie...

May 8, 2026 111 Views 0 comment Print

Company & Directors Penalized by ROC for Extending Rights Issue Beyond Permissible Period

Company Law : The ROC imposed penalties after a company extended its rights issue offer period following requests from promoter shareholders. Th...

May 6, 2026 237 Views 0 comment Print


Notification No. G.S.R. 500(E), dated 18/08/1998

August 18, 1998 556 Views 0 comment Print

In Schedule XIV to’the Companies Act, 1956, under the heading PLANT AND MACHINERY”, under item (ii) relating to special rates, after sub-item D. 4, relating to Glass manufacturing concern–Direct fire glass melting furnaces, the following shall be inserted, namely

Notification No. G.S.R. 265(E), dated 15/05/1997

May 15, 1997 655 Views 0 comment Print

details of all unutilised monies out of iSSue of shares or debentures, if any, referred to in sub-item (i) shali be disclosed under an appropT.iate separate 1;ead..in the Balance Sheet of the company indicating the fori-t-.; in which such unutilised 1r/units. have been invested.

Notification No. G.S.R. 155(E), dated 19.03.1997

March 19, 1997 1858 Views 0 comment Print

(iv) that the company is not in default in the repayment of any deposit or part thereof and any interest thereupon in accordance with terms and conditions of such deposits.

Notification No. G.S.R.126(E), dated 01.03.1997

March 1, 1997 673 Views 0 comment Print

In exercise of powers conferred by clauses (a) and (b) of sub-section (1) of Section 642 of the Companies Act, 1956 (1 of 1956) and all others powers hereunto enabling, the Central Government hereby makes the following rules further to amend the Companies (Central Government’s) General Rules and Forms, 1956.

Notification No. G.S.R. 97(E), dated 28.02/1997

February 28, 1997 721 Views 0 comment Print

In exercise of powers conferred by clauses (a) and (b) of sub-section (1) of Section 642 of the Companies Act, 1956 (1 of 1956) and all other powers hereunto enabling, the Central Government hereby makes the following rules further to amend the Companies (Central Government’s) General Rules and Forms, 1956.

Notification No. G.S.R.94(E), dated 26.02.1997

February 26, 1997 826 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 621 of the Companies Act, 1956 (1 of 1956) and in supersession of the Ministry of Law, Justice and Company Affairs (Department of Company Affairs) notifica­tion number G. S. R. 69 (E) dated the 15th February, 1995,

Notification No. G.S.R. 80(E), dated 17.02.1997

February 17, 1997 922 Views 0 comment Print

In exercise of the powers conferred by sub-section (2) of section 530 of the Companies Act, 1956 ( I of 1956) the Central Government hereby notifies that the sum to which priority shall be given under clause (b) of sub section (1) of section 530 of the said Act with effect from 1st day of March, 1997 shall not in case of any one claimant, exceed the sum of Rs. 20,000/- (Rupees twenty thousand only.

Revised Cost Audit Order on annual basis issued to the existing companies

June 8, 1993 586 Views 0 comment Print

You may be aware that the Department of Company Affairs have recently issued revised annual cost audit orders for the financial year ending 31.3.1994 and continuously thereafter to all those companies which were previously subjected to cost audit for every alternate financial years. A list containing the names of these companies is being sent separately to the Secretary of your Institute.

Maintenance of books of cost accounts as per Cost Accounting Records Rules

June 7, 1993 3361 Views 0 comment Print

It has been brought to the notice of this Department that many of the companies for which maintenance of books of accounts have been made mandatory under Section 209(1)(d) of the Companies Act, 1956 and Cost Accounting Records Rules prescribed, have failed to keep such books of accounts in the manner indicated thereunder

Modification in sections 217(e)(1), 620 of the Companies Act 1956

September 10, 1990 1009 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of sectio,i 620 of the Companies Act. 1956 ( I of 1956). the Central Govern­ment hereby directs that the provisions of clause (e) of sub-section (1) of section 17 of the said Act read with the Companies.

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