Latest Official Updates Under Company Law by the MCA Dept.

Latest Company Law Updates Under MCA

Here we have informed and notified readers with all the latest updates in the company law of MCA. Find notifications, amendments, updates, relevant sections, etc with complete accuracy. Be updated and incorporate all the latest changes into your company law firm and notify further to your tax professional network to make them aware of recent changes in the company law under MCA.

Company law is a collection of laws that govern the working and conduct of companies. A company is considered to be an artificial person in the eyes of law that is formed by a group of individuals for the purpose of business, so company law is set up as a set of rules and provisions related to companies. It consists of procedures and norms regarding the incorporation, funding, working, and death of the company. Company law states the legal liabilities of the company for a smooth run for a longer period of time. It tells how the parties related to the company will interact with each other and with the company. Company law is also called business law or corporate law.

Indian companies are managed by the Ministry of Corporate Affairs (MCA) and are governed by the Companies Act, 2013. Companies Act consists of all the laws related to companies in detail. There are mainly two types of companies, private companies, and public companies.

The Companies Act, 2013 consists of 29 chapters divided into 470 sections and further sub-sections detailing the laws related to the conduct of various companies. Non-compliance with the Companies Act by different parties or individuals related to the company can attract penalties, fines, prison, or some other serious punishments according to the criminal or civil offence committed by him. The cases related to companies are heard by the National Company Law Tribunal (NCLT).

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Latest Update Under MCA for Companies & Lawyers

23rd August 2024

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26th June 2024

The MCA department has shared the notification F. No. 16/17/2018-Legal to the attention of participants in the ‘Legal Training Program-Scheme’ for undergraduate students. Read more

06th June 2024

09th May 2024

28th March 2024

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14th September 2023

The MCA department has shared the order for the constitution of the company law committee. Read Order

04th September 2023

24th August 2023

16th August 2023

02nd August 2023

14th July 2023

11th July 2023

The MCA announcement is to inform stakeholders that Master Data Services Beta Version in V-3 will be launched on 09/07/2023 (for testing purposes only; not for use in any statutory and legal capacity). Stakeholders shall remain able to access existing Master Data Services from V-2.

22nd June 2023

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MCA Updates in 2022, 2021 and 2020

Disclaimer:- "All the information given is from credible and authentic resources and has been published after moderation. Any change in detail or information other than fact must be considered a human error. The blog we write is to provide updated information. You can raise any query on matters related to blog content. Also, note that we don’t provide any type of consultancy so we are sorry for being unable to reply to consultancy queries. Also, we do mention that our replies are solely on a practical basis and we advise you to cross verify with professional authorities for a fact check."

Published by Atul Mittal

Atul is a professional content writer with specialisation in business and marketing content. I have been writing tax articles and news for about two years now and have good experience in GST and income tax domains. View more posts

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