Company Law : The transition to the new MCA portal disrupted statutory filings due to login, DSC, and payment failures. The key takeaway is that...
Company Law : MCA V3 launches revised MGT-7 for FY 2024-25. PAN, Folio, and validation sheet are mandatory for shareholders; external Excel use ...
Company Law : MCA has updated annual forms MGT-7A and AOC-4 with new requirements for business activity codes, registered office details and sha...
Company Law : A summary of the new MGT-7 annual return form on the MCA's V3 portal, detailing the shift to a web-based system, new disclosure re...
Company Law : Erroneous MCA data classifying Independent Directors as 'Directors' leads to legal issues, prompting a systemic correction to prot...
Company Law : The update addresses repetitive annual KYC filings for directors. It allows filing once every three years, significantly reducing ...
Company Law : The upgraded MCA21 V3 portal processed over 3.84 crore filings in five years and resolved 98% of helpdesk grievances in FY 2025-26...
Company Law : The government has approved new regional and company registries to streamline administration and improve access. The move aims to ...
Corporate Law : SFIO now issues digitally generated Summons/Notices with QR codes and DINs, allowing recipients to verify authenticity online and ...
Company Law : ICSI reports numerous technical issues—including OTP failures, data errors, and DSC problems—on the MCA-21 V3 portal and reque...
Company Law : Penalty imposed on Sh. Laxit Awla under Section 165 of Companies Act, 2013, for exceeding directorship limits. Details on violatio...
Company Law : The case addressed non-filing of financial statements under Section 137(3). The authority ruled no penalty since compliance was va...
Company Law : The case involved non-filing of annual return under Section 92(5). The authority held that filing through GNL-2 by the RP during C...
Company Law : The MCA has released draft amendments to simplify company incorporation procedures and reduce compliance requirements. The proposa...
Company Law : The company failed to form mandatory board committees for over four years. The authority held that each non-compliance attracts se...
Company Law : The case involved incorrect filing of director designation in statutory records. The authority held that prolonged failure to rect...
It was ruled that failure to properly collate and maintain the register of members constitutes a clear default attracting penalties under the Companies Act, 2013.
The ROC imposed penalties for late filing of AOC-4 beyond the statutory timeline. The key takeaway is that timely filing of financial statements is mandatory, irrespective of financial difficulties.
The adjudicating authority held that not displaying the company name and statutory particulars at the registered office constitutes a clear breach of Section 12. Procedural lapses were not accepted as a defence, and monetary penalties were upheld.
Authorities held that non-maintenance of a consolidated register of members at the registered office violates Section 88, justifying monetary penalties on the company and its officers.
The Registrar of Companies imposed penalties for non-filing of AOC-4 for two consecutive financial years. The key takeaway is that financial difficulty is not a valid defence for statutory filing defaults.
The adjudicating authority held that non-filing of Form AOC-4 for consecutive years violates Section 137 of the Companies Act. Financial difficulty was rejected as a valid defence, and penalties were upheld against both the company and its officers.
India’s tax laws are adapting to platforms, creators, and cross-border digital services. This piece explains how income-tax provisions, equalisation levy, and GST rules attempt to capture digital value and where complexity still hampers certainty and ease of compliance.
The ROC held that undertaking new activities without prior amendment of the Memorandum breaches Section 4(1)(c). Even subsequent regularisation does not erase liability for the period of non-compliance.
The order addresses an auditor’s omission to flag registered charges despite contrary financial disclosures. It confirms that such reporting lapses invite penalties under company law.
The Registrar held that failure to display the exact registered office address on the company signboard violates Section 12 of the Companies Act. Even after rectification, penalties were upheld for the period during which the default continued.
