Ministry of Corporate Affairs

Ministry of Corporate Affairs News

IL&FS looks for new law firm after conflict of interest complaint

The complaint alleged that CAM was legal adviser to the former board of IL&FS, which is facing criminal and legal action by government agencies, and continues to perform that role for the new board, too. 

Bad loans worth more than Rs 2 lakh crores settled: Corporate Affairs secretary

The Reserve Bank report shows that the fresh addition to the NPAs has declined so has the overall NPS, secretary to Ministry of Corporate Affairs Injeti Srinivas said.


Maharashtra home to highest number of rich real estate entrepreneurs

In Maharashtra, there are 41 such entrepreneurs spread across three districts — Mumbai, Thane and Pune. Maharashtra was followed by followed by Delhi with 22 individuals and Karnataka with 21 individuals.

Corporate Affairs Ministry seeks details from crisis-hit Jet Airways

Query sent to a Jet Airways spokesperson on whether the airline has received queries from the RoC regarding financial issues and delay in announcement of quarterly results remained unanswered.

196 companies to face penal action for CSR violations: Govt

A total of 5,870 companies shelled out Rs 9,553.72 crore towards CSR activities in 2014-15 while the number of such firms and total money spent rose in the next fiscal.

Black money drive: Suspected shell companies deposited Rs 17,000 crore in banks after demonetisation

Around 2.24 lakh companies have been struck off till date for remaining inactive for two years or more, the Union Ministry of Corporate Affairs said.


MCA proposes to halve CCI member strength to three

Last March, MCA notified that March 2016 exemption for seeking CCI approval would apply to mergers and acquisitions.

Govt set to iron out ‘thorny’ provisions in Companies Act

A draft Cabinet note has been floated by the corporate affairs ministry.

Govt eases related party norms for corporates

The ministry of corporate affairs has clarified that companies need not bother about whether a shareholder is a related party.

NCLAT: Law Min advises against appointment of ex-SC judge Radhakrishnan

Law Ministry to go against the Ministry of Corporate Affair's plan to set up a National Company Law Appellate Tribunal

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National Herald case: ‘Delighted’ Swamy says court will summon ministries

New delhi, Jan 11 (ANI): Bharatiya Janata Party (BJP) leader Subramanian Swamy on Monday said the court will soon send summons to the ministries having documents related to the National Herald case. He informed that the court would send summons to Income Tax (IT), Enforcement Directorate (ED), Ministry of Corporate Affairs, Finance Ministry, Registrar of Companies and Delhi Development Authority (DDA) in connection with this case.