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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


Incorporation Process for Private Limited Company

Company Law : Learn the step-by-step process to incorporate a Private Limited Company in India, from DSC and MCA ID to name reservation and post...

August 18, 2024 39 Views 0 comment Print

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 468 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 855 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 393 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 510 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 180 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 297 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


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 348 Views 0 comment Print

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 3279 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 603 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


Latest Notifications


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 138 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 84 Views 0 comment Print

Company Caried on business not mentioned in MOA: MCA imposes Penalty

Company Law : Registrar of Companies penalizes Paramount Dye Tec Limited for not disclosing trading activity in its MOA, violating Section 4(1)(...

August 14, 2024 147 Views 0 comment Print

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 13, 2024 105 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 13, 2024 87 Views 0 comment Print


Section-8 Micro Finance Company – Features and benefits

February 27, 2020 64929 Views 27 comments Print

Introduction of Section-8 Micro – Finance Company The Micro finance Company is basically the financial institutions that provide small-scale financial services in the form of loan, credit or savings. These companies are introduced to ease the credit system for small businesses as they don’t get a loan from banks due to their complex process. Therefore […]

Procedure & Regulations for Appointment of Additional Directors

February 27, 2020 5688 Views 0 comment Print

Procedure And Regulations For Appointment of Additional Directors (Under Companies Act-2013) Under the Companies Act 2013, Every directors appointed by the members of the company, but appointment of Additional Directors is the exceptions to this:  Under Section 161(1) BOD the power  to appoint any person other than a person who fails to get appointed as […]

Divisions Codes of Industrial Activities For Company Incorporation

February 27, 2020 262197 Views 4 comments Print

CATEGORY WISE LIST OF MAIN DIVISIONS OF INDUSTRIAL ACTIVITIES FOR INCORPORATION OF COMPANY VIA SPICE+ S No Categories Divisions (Codes) 1 Agriculture and Allied Activities Agriculture, Hunting and related Service activities (01); Forestry, logging and related Service activities(02); Fishing, Operation of fish hatcheries and fish farms; Service activities incidental to fishing (05) 2 Mining & […]

MCA notifies Companies (Auditor’s Report) Order, 2020

February 26, 2020 4554 Views 0 comment Print

In pursuance of its objective of strengthening the corporate governance framework under the Companies Act, 2013 to attain the national objective of becoming a $ 5 Trillion economy, powers conferred under sub-section (11) of section 143 of the Companies Act, 2013 and in supersession of the Companies (Auditor’s Report) Order, 2016, the Central Government has […]

Salient Features of CARO, 2020 (Companies (Auditor’s Report) Order, 2020)

February 26, 2020 15708 Views 1 comment Print

CARO 2020 would necessitate enhanced due diligence and disclosures on the part of auditors of eligible companies and has been designed to bring in greater transparency in the financial state of affairs of such companies.

Clause wise Comparison of CARO 2020 vis a vis Previous CAROs

February 26, 2020 6768 Views 0 comment Print

Clause by Clause Comparison of Reporting Companies (Auditor’s Report) Order 2020 vis a vis Previous CAROs CARO 2003 2015 2016 2020 ISSUE DATE June 2003 10 April,2015 29 March, 2016 25th February,2020 EFFECT-IVE DATE July 2003 Audits of FY 2014-15 and onwards Audits of FY 2015-16 and onwards Audits of FY 2019-20 and onwards Para […]

Companies (Auditor’s Report) Order, 2020 (CARO 2020)

February 25, 2020 284763 Views 9 comments Print

(1) This Order may be called the Companies (Auditor’s Report) Order, 2020. (2) It shall apply to every company including a foreign company as defined in clause (42) of section 2 of the Companies Act, 2013 (18 of 2013) [hereinafter referred to as the Companies Act], except–

Companies (Incorporation) Amendment Rules, 2020 – E-form Spice + Introduced

February 25, 2020 4143 Views 0 comment Print

MINISTRY OF CORPORATE AFFAIRS vide notification dated 22nd February 2020, published Companies (Incorporation) Amendment Rules, 2020 in exercise of the powers conferred by sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013) to amend the Companies (Incorporation) Rules, 2014 Applicability: Companies (Incorporation) Amendment Rules, 2020 shall come into force […]

SPICE+- FAQs with Analysis of Part A and B

February 25, 2020 100728 Views 78 comments Print

SPICE+ : INCORPORATION OF THE COMPANY:- SPICE+ is divided into two Parts: 1. SPICe+ Part A represents the section wherein all details with respect to name reservation for a new company has to be entered. 2. SPICe+ Part B represents the section wherein all remaining details required for incorporation of a company has to be […]

SPICe+ to offer 10 services in a single web form- Read Features

February 25, 2020 4206 Views 1 comment Print

As a part of Government of India’s Ease of Doing Business (EODB) initiatives, the Ministry of Corporate Affairs has notified and deployed a new Web Form christened ‘SPICe+’ (pronounced ‘SPICe Plus’) replacing the old SPICe form. SPICe+ has come into force from 23.02.2020. SPICe+ is an integrated Web Form which would offer ten services by […]

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