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Companies Act 2013

The Companies Act 2013 is a crucial legislation in India governing the incorporation, functioning, and management of companies. Learn about the key provisions, compliance requirements, and legal framework under the Companies Act 2013.

Latest Articles


Loans & Investments Compliance under Section 186 of Companies Act, 2013

Company Law : Understand Section 186 of the Companies Act, 2013, covering company loans, investments, and compliance requirements, including boa...

August 16, 2024 327 Views 0 comment Print

Company Director Compliance Duties Under Companies Act, 2013

Company Law : Key compliance duties for company directors under the Companies Act, 2013, including disclosures, declarations, KYC, and meeting a...

August 16, 2024 810 Views 0 comment Print

Conversion of Limited Liability Partnership into Private/Public Company

Company Law : Learn the process and benefits of converting a Limited Liability Partnership (LLP) into a Private/Public Company under the Compani...

August 16, 2024 351 Views 0 comment Print

Rights Issue of Shares under Companies Act 2013: Procedures & Key Points

Company Law : Learn about the rights issue of shares under Companies Act 2013. Explore the process, key points, and steps for issuing shares to ...

August 15, 2024 474 Views 0 comment Print

Analysis of Notifications and Circulars for Week ending 11th August 2024

CA, CS, CMA : Highlights from August 5-11, 2024: Income Tax exemptions, GST updates, SEBI guidelines, and RBI monetary policy changes....

August 13, 2024 393 Views 0 comment Print


Latest News


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 270 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 177 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 294 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 120 Views 0 comment Print

ICSI Applauds Inclusive and Progressive Budget 2024

CA, CS, CMA : ICSI appreciates Budget 2024 for its focus on women, youth, farmers, MSMEs, regulatory infrastructure, sustainability, digital gov...

July 23, 2024 96 Views 0 comment Print


Latest Judiciary


Reassessment alleging delayed filing of Form 10 without opinion of income escaped assessment untenable: Delhi HC

Income Tax : Associated Chambers of Commerce And Industry of India Vs Deputy Commissioner of Income Tax & Ors. (Delhi High Court) Delhi Hig...

August 10, 2024 201 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 3273 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 594 Views 0 comment Print

NCLT Grants Zee’s Request to Withdraw Merger Implementation Application

Company Law : Read the full NCLT judgment where Zee Entertainment Enterprises Limited sought to withdraw its merger with Sony Groups, impacting ...

July 10, 2024 210 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 402 Views 0 comment Print


Latest Notifications


Significant Beneficial Owner Rules Violation: MCA imposes Penalty

Company Law : MBL Infrastructure Ltd. faces scrutiny under Section 90 of the Companies Act for non-compliance. Details on adjudicating officer's...

August 16, 2024 54 Views 0 comment Print

Non-filing of e-form INC-22 within prescribed time: MCA imposes Penalty

Company Law : Nalam Mahalir Nidhi Ltd. fined ₹4 lakh for failing to file e-form INC-22. Penalty details and appeal process outlined by Coimbat...

August 16, 2024 45 Views 0 comment Print

Delay in filing of e-Form PAS-3 with Registrar: MCA imposes Penalty

Company Law : Agrilife Technologies faces penalties for delayed PAS-3 filing under Companies Act, 2013. Penalty imposed on company and officers ...

August 16, 2024 30 Views 0 comment Print

MCA imposes penalty for non-filing of Annual Returns & Financial Statements

Company Law : Easy Funds Finance Pvt Ltd and directors penalized for failing to file Annual Returns and Financial Statements. Total penalties am...

August 16, 2024 72 Views 0 comment Print

MCA imposes Penalty for Delay in Filing Resolution in e-Form MGT-14

Company Law : MCA imposes penalties on Agrilife Technologies Pvt Ltd for delayed filing of e-Form MGT-14 under Section 117 of Companies Act, 201...

August 16, 2024 45 Views 0 comment Print


Guide to Appointment of Auditor in Casual Vacancy under Companies Act 2013

June 28, 2023 39618 Views 0 comment Print

A comprehensive guide to role of auditors and audit process under Companies Act 2013. Understand appointment, reappointment, and steps to fill a casual vacancy in auditor’s role.

How to Reclassify the Authorised Share Capital of a Company

June 28, 2023 12675 Views 0 comment Print

The need to reclassify the authorised share capital of a company in one or more classes may arise for various reasons. For example, if the company was incorporated with only one type or class of share capital, i.e., equity shares, it would be required to create a class of preference shares if it wishes to issue preference shares.

Non-Compliance Penalty: Rs. 25 Lakh for Non-Appointment of Company Secretary

June 28, 2023 5280 Views 0 comment Print

Learn about the Rs. 25 Lakh penalty imposed by the Government of India on a private company for non-appointment of a Company Secretary in accordance with the Companies Act, 2013.

Audit Lapses: NFRA imposes Rs. 60 Lakh Penalty on CA & Audit Firm

June 28, 2023 17949 Views 0 comment Print

Comprehensive analysis of audit lapses leading to significant NFRA-imposed penalty on CA Devang Dalal and M H Dalal & Associates, setting a precedent in corporate financial accountability.

INC-20A Filed with 220 Days Delay but No Penalty Imposed

June 28, 2023 1611 Views 0 comment Print

Unraveling the details of MCA Order No. 1589, where Squareroot Data Centers Private Limited escapes penalty despite a 220-day delay in filing INC-20A.

Nomination & Remuneration Committee not constituted – MCA imposes Penalty

June 27, 2023 7491 Views 0 comment Print

MCA imposed a penalty on PTC India Financial Services Limited for violation of Section 178 of Companies Act, 2013. Company failed to constitute Nomination & Remuneration Committee (NRC), resulting in penalties.

Penalty imposed for denying requests of IDs for obtaining legal advice

June 27, 2023 405 Views 0 comment Print

Read about the penalty imposed on PTC India Financial Services Limited for violating Section 149 of the Companies Act, 2013 by denying requests from independent directors (IDs) for legal advice. Understand the findings of the case, the obligations of the company and its officers, and the penalty amount imposed. Discover the steps for compliance and the option for appeal.

Unsigned balance sheet of Company filed: MCA imposes penalty

June 26, 2023 14574 Views 0 comment Print

Dive into the case of Regent Professional Academy’s violation of Companies Act provisions. Learn about penalties imposed by MCA, analysis, and implications.

NFRA Circular on Statutory Auditors’ Responsibilities in Reporting Fraud in a Company

June 26, 2023 10398 Views 0 comment Print

NFRA issued a circular highlighting statutory auditors’ obligations to report fraud in accordance with Companies Act, 2013. Circular emphasizes consequences for auditors who fail to fulfill their reporting duties and clarifies that resignation does not absolve them of their responsibilities.

MCA Imposes Penalty for Failure to Show Correct Details in Balance Sheet

June 26, 2023 3918 Views 1 comment Print

MCA has imposed a penalty on M/s Iyyanar Benefit Fund Nidhi Limited for violating Section 92(3) of Companies Act, 2013. Company failed to accurately disclose details of deposits and borrowings in their balance sheet, resulting in penalties being imposed.

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