N/Acorporate
Utilizing Private Placement Funds Before Filing PAS-3
ROC Pune penalized a company for utilizing funds from private placements prior to filing the return under PAS-3, violating the Companies Act's regulations.
May 26, 2026Read more →
Legal News & Insights
AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
Corporate Law News
N/Acorporate
Penalties for Delayed Filing of PAS-3 Allotment Return
ROC Pune has imposed penalties for a 46-day delay in the filing of the e-Form PAS-3 concerning a return of allotment related to private placements, emphasizing timely compliance.
May 26, 2026Read more →
N/Acorporate
Single Transaction Violations: No Multiplicative Penalty
ROC Pune has determined that a procedural lapse during a private placement involving one investor constitutes a single transaction, hence a single penalty applies rather than multiple ones under the Companies Act.
May 26, 2026Read more →
N/Acorporate
Limits on Financial Proposal Changes Post-Challenge Process
The article addresses a resolution applicant's inability to modify its financial proposal following the completion of the challenge process in the Corporate Insolvency Resolution Process.
May 26, 2026Read more →
N/Acorporate
Internal Audit Requirements for Private Companies
Private limited companies with substantial turnover or debt must appoint internal auditors under the Companies Act, 2013. The article details the requirements and consequences of non-compliance.
May 26, 2026Read more →
N/Acorporate
Key Managerial Personnel Compliance Under Companies Act
The article outlines the requirements for appointing Key Managerial Personnel (KMP) as per Section 203 of the Companies Act, 2013. It details compliance thresholds applicable to various company types.
May 26, 2026Read more →
N/Acorporate
CCFS-2026: Relief for Defaulting Companies Under MCA
The Companies Compliance Facilitation Scheme, 2026 offers a 90% reduction in late fees for companies struggling with annual compliance. This scheme enables them to regularize their filings, mitigating penalties and lowering costs.
May 26, 2026Read more →
N/Aenvironmentalcorporate
India’s Voluntary Carbon Market: Legal Questions and Opportunities
A comprehensive analysis explores the dynamics of India's voluntary carbon market, highlighting legal challenges and emerging opportunities. It sheds light on the implications of the new Carbon Credit Trading Scheme.
May 25, 2026Read more →
N/Acorporate
Government Allocates ₹996 Crore to Enhance Investment Promotion Scheme
The Government of India has approved a ₹996 crore allocation to extend the Investment Promotion Scheme until 2030-31. This initiative aims to bolster the investment environment by targeting potential investors and enhancing project management support.
May 25, 2026Read more →
NCLATcorporate
NCLAT Directs Modi Lifecare to Settle ₹63 Lakh Liability under Technical Guidance Agreement
The NCLAT has mandated Modi Lifecare to pay ₹63 lakh in admitted liability, clarifying that invoices are not essential under the Technical Guidance Agreement for proving operational debt.
May 25, 2026Read more →
Government of Indiacorporate
Government Allocates ₹996 Cr to Extend Investment Promotion Scheme until 2031
The Indian government has approved ₹996 crore for the extension of the Investment Promotion Scheme until financial year 2030–31. This initiative aims to bolster the investment environment by targeting investors and enhancing outreach.
May 25, 2026Read more →
Supreme Court of Indiacorporateinternational
India's International Trade in Services Report for March 2026
The Reserve Bank of India has released the data on India’s international trade in services for March 2026, showing trends in service exports and imports during the month.
May 25, 2026Read more →
Ministry of Financecorporate
India Imposes Anti-Dumping Duty on Monoisopropylamine Imports From China
India has levied an anti-dumping duty on Monoisopropylamine imports from China following evidence of price undercutting. This measure aims to bolster local manufacturing.
May 25, 2026Read more →