Sunday, Oct 02, 2022

corporate affairs ministry


Govt revises paid-up capital, turnover thresholds for small cos; reduce their compliance burden

September 16, 2022 10:29 am

The latest decision by the corporate affairs ministry, which is implementing the companies law, has again revised the definition of small companies and is aimed at further improving the ease of doing business.

Strengthening NFRA: Govt examining panel proposals

June 12, 2022 1:31 am

'We need to see what more needs to be done to strengthen NFRA to enable it to discharge its duties effectively” as well as strengthen the mandates of protecting the public interests'

16,570 new companies registered in Sept

October 25, 2021 12:55 am

This is the fifth consecutive day of the price hike. There was no change in rates on October 18 and 19, prior to which prices were hiked by 35 paise per litre each on four straight days.

Corporate affairs ministry eases rules for board meetings conducted through virtual mode

June 17, 2021 6:03 pm

Amid the coronavirus pandemic resulting in the shift from physical meetings to virtual ones, the Ministry of Corporate Affairs (MCA) has amended rules pertaining to 'meetings of board and its powers' under the Companies Act, 2013.

Crypto rules just about ‘disclosure’, not a guide to govt stance on ban

April 08, 2021 7:23 am

The new norms, notified in March, require that corporates disclose any profit or loss on transactions involving cryptocurrency, crypto holdings, and deposits or advances received from anyone for the purpose of investing in cryptocurrencies in statutory filings to Registrar of Companies.

Explained: How CSR expenditure rules have changed for Indian companies

January 30, 2021 11:00 am

The Corporate Affairs Ministry has amended the rules for Corporate Social Responsibility (CSR) expenditure by Indian companies. Here are some of the key changes

Norms eased for shares with differential voting rights; to boost startups

August 17, 2019 2:51 am

Indian companies, including startups, will now have up to 74 per cent of the total voting power in respect of shares with its differential voting rights (DVRs), according to amendments to the Companies (Share Capital and Debentures) Rules.

With financial probes overlapping, Ministry of Corporate Affairs seeks one lead agency

July 09, 2019 7:21 am

Speaking to The Indian Express, a government official said the Ministry of Corporate Affairs, at the highest level, has made a strong pitch for designating a lead agency as the process of investigation is impeded by the selective seizing of books and other incriminating evidence.

Corporate Affairs Ministry seeks protection for new IL&FS board at NCLT

October 06, 2018 1:05 am

The ministry in the tribunal said that any legal or punitive action by the creditors, lenders or investors of IL&FS group against the new board should go through the tribunal.

Three new secretaries appointed

November 25, 2014 2:58 pm

Three senior IAS officers have been appointed as secretaries in the Shipping, Overseas Indian Affairs and Corporate Affairs Ministry.