Corporate Law

MCA extends DPT-3 filing deadline to July 31 2026 and grants e-form resubmission relief after the June 5 data centre fire via General Circular 02/2026.

Companies and their officers may sometimes default on compliance requirements under the Companies Act 2013, leading to penalties and prosecution. Section 441 of the Companies Act 2013 provides a mechanism called "compounding" that allows offenders to settle certain offences by paying a compounding fee, thereby avoiding prolonged litigation and criminal proceedings. This guide explains the compounding process, which offences qualify, the role of the Regional Director and NCLT,

A Limited Liability Partnership (LLP) is a popular business structure in India, governed by the LLP Act 2008. However, when an LLP has ceased operations, never commenced business, or is no longer financially viable, the partners may need to close or wind it up. The process involves either a voluntary strike-off through Form 24 filed with the Registrar of Companies (RoC) or a formal winding up through the National Company Law Tribunal (NCLT). This guide explains both methods i

The Delhi High Court has held that an order suspending or debarring a company from participating in future tenders cannot be passed without following the principles of natural justice. Setting aside an order by a public sector entity that suspended a solar module manufacturer from future tenders, the Court reaffirmed that debarment is a serious civil consequence which requires a show cause notice and a fair hearing before it can take effect. The Dispute A public sector renewa

The Ministry of Corporate Affairs (MCA) has announced the permanent decommissioning of the legacy MCA21 V2 portal, with the final shutdown scheduled for June 30, 2026. All remaining filing forms, including those related to charge creation (CHG-1, CHG-9), Director KYC (DIR-3 KYC), and annual returns (MGT-7/MGT-7A), have been migrated to the V3 platform. Companies that have not yet transitioned must complete the switch before the deadline. Background: The MCA21 V3 Migration Th

Registering a company in India has become significantly more streamlined since the Ministry of Corporate Affairs (MCA) introduced the SPICe+ integrated web form. Whether you are planning a Private Limited Company, a One Person Company (OPC), or a Section 8 entity, the incorporation process now consolidates multiple registrations into a single digital application. This guide walks through every stage of the MCA SPICe+ process, the documents you need, the government fees applic

Startup India recognition by the Department for Promotion of Industry and Internal Trade, known as DPIIT recognition, unlocks a range of benefits for early stage companies, from self certification under several laws to access to a possible income tax holiday. This guide explains who is eligible, how to apply online, how the Section 80-IAC tax benefit works, and what documents to keep ready, so founders can decide whether recognition is worth pursuing for their venture. Who Is

The Mumbai bench of the National Company Law Tribunal (NCLT) has admitted an insolvency petition filed by Paytm's parent company One97 Communications against gaming firm Fabzen Technologies, the operator of Ludo Empire, over unpaid digital advertising dues of more than Rs 3.41 crore. By an order dated June 18, 2026, the tribunal initiated the corporate insolvency resolution process (CIRP) against Fabzen under the Insolvency and Bankruptcy Code, 2016 (IBC), and appointed an in

Registering a company in India is governed by the Companies Act, 2013 and administered through the Ministry of Corporate Affairs (MCA) portal. The process has been significantly streamlined through the SPICe+ (Simplified Proforma for Incorporating Company Electronically Plus) form, which integrates ten registrations, including PAN, TAN, GST, EPFO, and ESIC, into a single filing. This guide walks through every step of the process, from obtaining a Digital Signature Certificate

The Supreme Court of India has taken suo motu cognisance of alarming delays at the National Company Law Tribunal (NCLT) in approving resolution plans under the Insolvency and Bankruptcy Code, 2016 (IBC). A bench of Justice JB Pardiwala and Justice KV Viswanathan acted on a Registrar report from the NCLT Principal Bench, revealing that 383 applications for approval of resolution plans are pending across various NCLT benches. The delays range from 48 days to 738 days, with some

On July 15, 2026, the India-UK Free Trade Agreement will formally enter into force, marking the most significant bilateral trade arrangement either country has concluded in over a decade. The deal spans 26 sectors, eliminates or reduces tariffs on the vast majority of traded goods, and introduces provisions that go well beyond traditional market access. For businesses operating in either jurisdiction, understanding the core terms of this agreement is a commercial necessity. T

To register a sole proprietorship in India, it helps to understand one key point at the outset: there is no single incorporation step the way there is for a company or a limited liability partnership. A sole proprietorship is the simplest business form, owned and run by one individual, and it gains legal recognition through a combination of registrations such as GST, Udyam (MSME) and a Shop and Establishment licence. If you later expand, you can move to a more formal structur

Disputes involving corporate restructuring and the division of company assets are non-arbitrable and fall within the exclusive jurisdiction of the National Company Law Tribunal (NCLT). That was the conclusion of the Kerala High Court on 1 June 2026 in Purushothaman Thitta v Pothan Rajan, a decision that sharpens the boundary between private arbitration and the statutory company law framework. The judgment adds to a developing body of case law on this jurisdictional question,

A Limited Liability Partnership, or LLP, is a popular business structure in India because it combines the flexibility of a partnership with the limited liability of a company. Registering an LLP is done entirely online through the Ministry of Corporate Affairs and is governed by the Limited Liability Partnership Act, 2008. This step-by-step guide explains how to register an LLP in India, the documents and forms involved, and the ongoing compliance you should plan for. An LLP

The National Company Law Tribunal, Mumbai has admitted a petition filed by the State Bank of India seeking initiation of personal insolvency proceedings against industrialist Anil Ambani in his capacity as a personal guarantor under the Insolvency and Bankruptcy Code, 2016. The order, passed on June 11, 2026, relates to an alleged default of Rs 853.25 crore arising from loans extended to Reliance Communications and Reliance Infratel. The admission marks one of the most high-p