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Latest Articles


India Goes Global: Decoding Leap Rules & Listing Opportunities Abroad

Company Law : Explore the game-changing Companies (Listing of Equity Shares in Permissible Jurisdictions) Rules, 2024, paving the way for Indian...

January 29, 2024 1569 Views 0 comment Print

Amendment in Section 43B of Income Tax Act, 1961: MSME Payment FAQs

Finance : Explore FAQs on the recent amendment to Section 43B of the Income Tax Act, 1961, affecting MSME payments. Learn about applicabilit...

January 22, 2024 39063 Views 3 comments Print

CSR Non-Compliance: Penalty Under Section 135 – AECOM India Case

Company Law : Explore penalty order under Sec. 135 of Companies Act, 2013 on AECOM India for CSR non-compliance. Learn consequences, key takeawa...

January 16, 2024 2481 Views 0 comment Print

Penalty imposed by ROC for non-compliance of Section 89 of Companies Act, 2013

Company Law : Explore penalties imposed on Mynd Fintech under Section 89 of Companies Act, 2013 by ROC, NCT of Delhi & Haryana. Understand impli...

January 16, 2024 1809 Views 0 comment Print

ROC Annual Filing Due Date Calendar-August to November, 2023

Company Law : Stay compliant with our guide on ROC form due dates for the Companies Act and LLP Act. Avoid penalties by filing on time during Au...

August 4, 2023 8865 Views 0 comment Print


Latest News


MCA’s Initiatives: Decriminalization, Compliance Ease & Action Against Non-Active Companies

Company Law : MCA enhances compliance and ease of doing business with decriminalization of 63 offences, faster company strike-offs, and streamli...

December 6, 2024 270 Views 0 comment Print

Review of Chartered Accountants Act, 1949: Public Comments Invited

CA, CS, CMA : Participate in the review of rules under the Chartered Accountants Act, 1949. Submit your suggestions to the Ministry of Corporate...

May 10, 2024 14808 Views 0 comment Print

MCA seeks feedback on Digital Competition Law Report and Draft Bill

Corporate Law : Explore the rapid expansion of solar power in India, its impact on renewable energy goals, and the future outlook for sustainable ...

March 13, 2024 453 Views 0 comment Print

MCA Unveils Draft Policy for Transparent Rule & Regulation Making

Corporate Law : Explore the Ministry of Corporate Affairs draft policy for pre-legislative consultation and a comprehensive review of rules and re...

January 16, 2024 573 Views 0 comment Print

Resolution of issues on MCA21 -V3 Portal

CA, CS, CMA : ICSI developed separate google forms to obtain the details of such issues so as to sort them for easy redressal. On the basis of t...

April 21, 2023 2760 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 903 Views 0 comment Print


Latest Notifications


MCA imposes penalty for procedural lapses in issuing shares through rights issue

Company Law : Macquarie Group Management (India) Pvt. Ltd. penalized under Section 62(2) of the Companies Act, 2013, for non-compliance in right...

December 12, 2024 141 Views 0 comment Print

Delay in filing of Form BEN-2: MCA imposes Penalty

Company Law : Registrar of Companies imposes penalty on Atomy Enterprise India Pvt Ltd for non-compliance with Section 90 of Companies Act, 2013...

December 11, 2024 642 Views 0 comment Print

Non-appointment of company secretary: MCA reduces Penalty from ₹27.56 to 15 Lakh

Company Law : Appeal by A-One Steels India Pvt. Ltd. challenges penalties for failing to appoint a company secretary under Companies Act, 2013....

December 11, 2024 240 Views 0 comment Print

17-Day Delay in CSR Fund Transfer Results in ₹1.06 Crore Penalty for Care Detergents

Company Law : Ministry of Corporate Affairs has penalized Care Detergents ₹1.06 crore for a 17-day delay in transferring unspent CSR funds to ...

December 7, 2024 7596 Views 0 comment Print

Section 204 Secretarial Audit Violation: Penalty Reduced to ₹32 Lakh

Company Law : Regional Director, Eastern Region, modifies penalty for secretarial audit violations under Section 204, reducing it to ₹32 lakh ...

December 7, 2024 387 Views 0 comment Print


Victor Impex Limited Penalized for late-filing of Financial Statement

December 26, 2023 282 Views 0 comment Print

Ministry of Corporate Affairs penalizes Victor Impex Limited for failing to file financial statements under Section 137 of the Companies Act, 2013. Details of the penalty order and its implications.

Board meeting Gap exceeded 120 days: MCA imposes Rs. 3.50 Lakh Penalty

December 26, 2023 14892 Views 0 comment Print

MCA imposes Rs. 3.50 Lakh Penalty on EPIC DESIGNERS APPARELS for violating Companies Act, 2013 by delaying board meetings Details, analysis, and consequences

Thana Electric Supply Co. Ltd. Penalized for late-filing of annual return

December 26, 2023 216 Views 0 comment Print

Explore the Ministry of Corporate Affairs adjudication order imposing penalties on Thana Electric Supply Company Limited for violating Section 92 of the Companies Act, 2013.

Vertex Spinning Limited Penalized for late-filing of Financial Statement

December 26, 2023 189 Views 0 comment Print

Explore the adjudication order under Section 454 against Vertex Spinning Ltd for non-compliance with Section 137 of the Companies Act, 2013. Detailed analysis, findings, and penalties.

SM Dychem Ltd Penalized for late-filing of annual return

December 26, 2023 228 Views 0 comment Print

Explore the penalty order against SM Dychem Ltd for late filing of the Annual Return, violating Section 92 of the Companies Act, 2013. Detailed analysis, findings, and consequences.

Thana Electric Supply Co. Ltd. Penalized for late-filing of Financial Statement

December 26, 2023 126 Views 0 comment Print

Read the penalty order under Section 454 of the Companies Act, 2013, imposed on Thana Electric Supply Co. Ltd. for non-compliance with Section 137.

Non-Filing of Annual Return: MCA Imposes Penalty of Rs. 17.23 Lakh

December 26, 2023 12006 Views 0 comment Print

Introduction: In a recent development, the Ministry of Corporate Affairs (MCA) has wielded its regulatory authority, imposing a substantial penalty on PRISM ORGANIC GREENS LIMITED for the non-filing of annual returns, a violation of Section 92 of the Companies Act, 2013. This order, dated December 26, 2023, serves as a stern reminder of the compliance […]

Non-Filing of Financial Statements- MCA Imposes Heavy Penalty

December 26, 2023 690 Views 0 comment Print

Learn about the MCAs penalty on PRISM ORGANIC GREENS LIMITED for violating Companies Act, 2013 Analysis of the case penalties imposed, and the appeal process outlined

Non-Maintenance of Registered Office: MCA Imposes Rs. 2 Lakh Penalty

December 26, 2023 609 Views 0 comment Print

Government of India, Ministry of Corporate Affairs, imposes a penalty of Rs. 2 lakh on PRISM ORGANIC GREENS LIMITED for violating Companies Act, 2013, by not maintaining a registered office.

SM Dyechem Ltd. Penalized for late-filing of Financial Statement

December 26, 2023 264 Views 0 comment Print

Explore the adjudication order under Section 454 against SM Dyechem Ltd for non-compliance with Section 137 of the Companies Act, 2013. Detailed analysis, findings, and consequences.

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