Companies Act 2013
Over 2.8 million companies registered in India, 65% active: Govt data
More than 28 lakh companies are registered in the country and only 65 per cent of them or little over 18.1 lakh companies are active, according to official data. Among those registered under the Companies Act, 2013, just 5,216 are foreign companies and out of those, 63 per cent or 3,281 entities were active at the end of January. Latest data from the corporate affairs ministry also showed that a total of 16,781 companies were registered with a collective paid up capital of Rs 816.14 crore last month. "A total number of 28,05,354 companies were registered in the country as on 31st January, 2025, of which 65 per cent (18,17,222) companies stand active. There is an increase of 0.14 per cent in the total proportion of active companies with respect to registered companies when compared to December 2024," the ministry said in its latest monthly information bulletin. As many as 9,49,934 companies have been shuttered. In terms of sectors, the maximum number of active companies were in ...
 "Over 2.8 million companies registered in India, 65% active: Govt data")
Observed 'gross negligence and audit failure' in audits of GFS: NFRA
Not only SA 600 but Principal Auditors must fulfil duties under Companies Act 2013, it says
 "Observed 'gross negligence and audit failure' in audits of GFS: NFRA")
Boards: Navigating regulation and reality
As governance regulations evolve, the task of building a board that truly serves a company's needs is going to become more challenging
 "Boards: Navigating regulation and reality")
Laws and order
Decriminalisation will improve business environment
 "Laws and order")
What is a pre-packaged insolvency resolution process?
India had introduced a pre-packaged insolvency resolution process last year. It was projected as an alternative resolution process for MSMEs. Find out more about it
 "What is a pre-packaged insolvency resolution process?")
Dish TV-YES Bank saga throws non-retiring director puzzle into sharp relief
Goel's ouster from Dish TV board will require another resolution
 "Dish TV-YES Bank saga throws non-retiring director puzzle into sharp relief")
Corporate frauds likely to spike in post-Covid set-up, says survey
Over 62 per cent of independent directors indicated that they believe fraud will increase over the next two years
 "Corporate frauds likely to spike in post-Covid set-up, says survey")
YES Bank seeks removal of Jawahar Goel, 4 others from Dish TV board
YES Bank has given a special notice under Section 169 of the Companies Act, 2013, which seeks the removal of Rashmi Aggarwal, Bhagwan Das Narang, Shankar Aggarwal, and Ashok Mathai Kurien, besides MD
 "YES Bank seeks removal of Jawahar Goel, 4 others from Dish TV board")
Check Nidhi firms' antecedents before investing money, says govt
At least 348 entities have failed to meet the criteria to be declared as Nidhi companies
 "Check Nidhi firms' antecedents before investing money, says govt")
Towards better governance
New norms for independent directors need strict monitoring
 "Towards better governance")
Govt notifies accounting standards for SMEs under Companies Act, 2013
The government has notified the accounting standards for small and medium companies that revise the turnover and borrowing limits as well as help in making disclosure requirements less onerous.
 "Govt notifies accounting standards for SMEs under Companies Act, 2013")
50 listed companies 'missing' after raising money, exchange chases them
'Vanishing companies' served notices for flouting norms, but promoters didn't respond
 "50 listed companies 'missing' after raising money, exchange chases them")
'Miscarriage of justice', claims SP group's Tata-Mistry case review plea
Minority shareholders rights to get impacted, says review petition in SC
 "'Miscarriage of justice', claims SP group's Tata-Mistry case review plea")
All you need to know about the Companies (Amendment) Bill 2020
Listen to the podcast to know about the changes introduced in the Companies Act
 "All you need to know about the Companies (Amendment) Bill 2020")
NCLT needs clear set of protocols to flatten bankruptcy curve, say experts
Debt restructuring schemes under company law, and introduction of Code-based pre-packs are worth exploring, say experts
 "NCLT needs clear set of protocols to flatten bankruptcy curve, say experts")
Cloud over online AGM for banks as they don't fall under Companies Act
MCA notification doesn't include banks as they are governed by separate Act; sources say separate guidelines may have to be issued for them
 "Cloud over online AGM for banks as they don't fall under Companies Act")
People registered under Companies Act 2013 can file GSTR-3B via EVC: Govt
A person registered under provisions of Companies Act 2013 shall, during the period from 21st April 2020 to 30th June 2020 shall be allowed to furnish the return
 "People registered under Companies Act 2013 can file GSTR-3B via EVC: Govt")
Cabinet nod for foreign listing of firms, decriminalising offences
In ease of doing business push, 72 changes to companies law okayed
 "Cabinet nod for foreign listing of firms, decriminalising offences")
Govt approves 72 amendments to Companies Act to decriminalise offences: FM
As many as 23 offences would be recategorised out of 66 compoundable offences under the Act
 "Govt approves 72 amendments to Companies Act to decriminalise offences: FM")
The elephant in the board room
The separation of the roles of the chairman and MD/CEO was bound to be contentious from the time it was mooted. Surprisingly, it took two years for industry to formally raise this issue
 "The elephant in the board room")
