Business Wonder

Company Law Articles and Business Guidance in India

Explore corporate law, company registration, annual compliance and practical articles on employment, ethics, technology and business management. This archive preserves the original article links while providing updated legal context.

Company Law: Essential Legal Framework

The Companies Act, 2013 is the principal legislation governing incorporation, management, financial reporting and compliance of companies in India, together with applicable rules, notifications and amendments. Section 2(20) defines a company as a company incorporated under the 2013 Act or any previous company law. Section 3 addresses formation of companies; Section 92 governs annual returns; Section 96 governs annual general meetings; and Section 137 deals with filing financial statements with the Registrar. Requirements depend on company classification and applicable exemptions.

For the current Act, rules, forms and circulars, consult the Ministry of Corporate Affairs (MCA) and the India Code legislative database. Current MCA e-forms, rather than superseded forms under the Companies Act, 1956, should be used for filings.

Featured Articles and Commentary

  • Child Labour: Prohibition and Regulation

    The Child and Adolescent Labour (Prohibition and Regulation) Act, 1986, as amended in 2016, generally prohibits employment of children below 14, subject to statutory exceptions, and prohibits adolescents aged 14 to 18 from hazardous occupations and processes. The Act's Section 3 concerns prohibition of child employment and Section 3A concerns hazardous work by adolescents. See the Ministry of Labour and Employment for official resources.

  • Nehru Place Computer Market: Customer Experiences and Reputation

    Nehru Place is a prominent computer and electronics market in Delhi, with numerous sellers, repair providers and technical service professionals. Customers should compare quotations, verify warranties, request invoices and check the authenticity of components before purchasing.

  • Public Participation in Anti-Corruption Campaigns

    An opinion article discussing participation in the anti-corruption movement associated with Anna Hazare and the challenges of sustaining public engagement.

  • Is Business Only About Money?

    A reflection on profitability, personal satisfaction, business purpose and the value of relationships and long-term trust.

  • Corruption in Public and Private Organizations

    Examines how bribery and unethical conduct affect citizens and organizations. The Prevention of Corruption Act, 1988 addresses specified corruption offences involving public servants, including bribery provisions under Sections 7 and 8. Other laws may apply to private-sector misconduct depending on the facts.

  • Disposal of Old Computers, Printers and Electronic Scrap

    Businesses should manage discarded electronic equipment in accordance with applicable E-Waste (Management) Rules, 2022, as amended, and use authorized channels where required. Review guidance from the Central Pollution Control Board.

  • Do Long-Serving Employees Cost More?

    Considers the trade-off between experienced employees, institutional knowledge, training expenses and recruitment of new staff.

  • Employee Appraisals, Increments and Fair Evaluation

    Discusses transparent performance assessments, employee motivation, compensation decisions and organizational fairness.

  • Intraday Trading: Potential Returns and Risks

    Intraday equity trading involves substantial market and transaction risks. Readers should understand leverage, volatility and losses and consult SEBI investor guidance.

  • Is Office Politics Harming Your Organization?

    Explores how workplace factions, poor communication and inconsistent management can undermine trust and performance.

Company Compliance: Key Practical Topics

Annual returns: Section 92 of the Companies Act, 2013 provides for annual returns; relevant MCA forms include MGT-7 or MGT-7A, as applicable. Financial statements: Section 137 governs filing, commonly through applicable AOC-4 forms. Annual general meetings: Section 96 generally requires the first AGM within nine months from the close of the first financial year and subsequent AGMs within six months from the close of the financial year, subject to the Act and applicable exemptions. Incorporation: Sections 3 and 7 address company formation and incorporation; MCA's current incorporation services should be consulted. Legacy references to Section 25 companies under the 1956 Act generally correspond to Section 8 companies under the 2013 Act.

Legal information is general and should be checked against current statutory provisions, rules, notifications and professional advice for a particular case.