
Companies Act


Corporations: Legal Fiction or An Unborn Predator?
by Ankoosh Mehta*, Smruti Shah**, Neham Tayal***, Durga Agarwal†, King Dungerwal‡

MCA issues clarification with regard to creation of deposit repayment reserve and to invest deposit amount of debentures
Clarification with regard to creation of deposit repayment reserve of 20% under Section 73 (2) (C) of the Companies Act, 2013 and
Removal of a Liquidator under IBC
by Kondapalli Sai Sumed Yasaswi*

Special Measures under Companies Act, 2013 and Limited Liability Partnership Act, 2008 in view of COVID-19 outbreak
In order to support and enable Companies and Limited Liability Partnerships (LLPs) in India to focus on taking necessary measures to address

Compliance Checklist for Issue of Sweat Equity Shares under Companies Act
Gaurav N Pingle, Practising Company Secretary, Pune
Cite as: (2019) PL (CSP) September 76
Utt HC | Labour Court is not free to widen scope of reference made to it; Reinstated workman given the status of trainee and not regular employee
Uttaranchal High Court: Sharad Kumar Sharma, J. contemplated the writ petition where the petitioner raised questions related to the order of the

Compliance Checklist for Issue of Share Certificates Under Companies Act, 2013
Gaurav N Pingle, Practising Company Secretary, Pune
Cite as: (2019) PL (CSP) July 67

Compliance Checklist for Incorporation of Companies with Charitable Objects
Gaurav N Pingle, Practising Company Secretary, Pune
Cite as: (2019) PL (CSP) May 70

Constitutionality of Section 327 (7) of the Companies Act, 2013 challenged; SC issues notice
Supreme Court: The bench of Ranjan Gogoi, CJ and Sanjiv Khanna, J has issued notice to the Centre in a writ petition

SAT | No disproportionate gain or unfair advantage made, nor any loss caused to the investors by non-disclosure, penalty reduced
Securities Appellate Tribunal, Mumbai: The Coram of Tarun Agarwala, J., (Presiding Officer), Dr C.K.G. Nair, (Member), M.T. Joshi, J., (Judicial Member) dismissed

No stipulation of period of completion of Serious Fraud Investigations under Companies Act
Supreme Court: The bench of Abhay Manohar Sapre and UU Lalit, JJ has held that Section 212 of the Companies Act, 2013

I&B Code overrides Companies Act; Insolvency Resolution Process cannot be defeated by taking resort to internal dispute: NCLAT
National Company Law Appellate Tribunal (NCLAT): A two-member bench comprising of Justice S.J. Mukhopadhaya, Chairperson and Justice Bansi Lal Bhat, Member (Judicial)
Petition under Sections 433(e) and 434(a) of Companies Act admitted on failure of any bona fide ground for non-payment of dues
Delhi High Court: A Single Judge Bench comprising of Jayant Nath, J., admitted a petition filed for winding up of respondent company.
Committee constituted to review offences under Companies Act, 2013
The Ministry of Corporate Affairs (MCA) has constituted a 10 Member Committee, headed by the Secretary of Ministry of Corporate Affairs, for
Delhi HC: Scope and object of Ss. 164 and 248 of the Companies Act, 2013 to be analysed
Delhi High Court: A Division Bench comprising of Gita Mittal, Actg, CJ and C. Hari Shankar, J., adjudicated upon and listed matters
Amendments to the Companies Act, 2013 aimed at making insolvency process more effective
The government notified amendments to the Companies Act 2013, aimed at making the insolvency process more effective. The Companies (Amendments) Act 2017,
No pecuniary liability arises in cases of breach of contract until the courts determine that there exists an entitlement to damages
Hyderabad High Court: While deciding the instant appeal under Section 483 of the Companies Act, 1956 read with Clause 15 of the
The Companies (Incorporation) Amendment Rules, 2018, notified
G.S.R… (E)- In exercise of the powers conferred by sub-sections (1) and (2) of Section 469 of the Companies Act, 2013 (18