हिंदी में पढ़ें
Banking & Financial Services
Income Tax Calculator
Personal Loan Calculator
Car Loan Calculator
Home Loan Calculator
Ministry of Corporate Affairs News
Ministry of Corporate Affairs
Govt likely to soon allow Indian cos to list overseas
Mon, Jan 27, 2020
Corporate affairs ministry and markets regulator Sebi are in favour of allowing Indian companies to list their equity shares in foreign countries
MCA wakes up in Indiabulls case; allegations and reactions, all you want to know
Wed, Sep 18, 2019
Ministry of Corporate Affairs (MCA) has convened a high level meeting this week on Indiabulls issue. The meeting has been called to form a view on the Indiabulls Group, in a public interest litigation filed in Delhi High Court, the prayer has been made to make MCA, SFIO, RBI and NHB party.
High-level committee meet on Indiabulls case
Wed, Sep 18, 2019
Ministry of corporate affairs to conduct a High-level committee meeting to take decisions on Indiabulls case.
Another auditor in soup, Ministry of Corporate Affairs seeks disqualification from NCLT
Thu, Sep 05, 2019
MCA has filed the petition in Mumbai bench of NCLT under section 140(5) of Companies Act. NCLT Mumbai today heard the petition of the MCA and directed for issuing notices to the auditor and directors of the company.
Now, SFIO ordered to probe Jet Airways' affairs
Fri, Jul 05, 2019
The Ministry of Corporate Affairs (MCA) has asked the Serious Fraud Investigation Office (SFIO) to probe the alleged fund diversion and writing off of investments by Jet Airways.
You just got big relief! This is what companies have to do now for the common man, employees, more
Thu, Mar 14, 2019
The central government has revised the guidelines for businesses to ensure they conduct fair and responsible operations.
Government releases compliance schedule to ensure MSME payments
Thu, Feb 28, 2019
Corporate entities have already filed "MSME FORM I" with the registrar of companies (RoC) by February 22 giving details of all outstanding dues to MSME suppliers existing on the date of notification of rules on January 22, 2019.
Big crackdown on shell companies: E-filing details must for all firms
Fri, Feb 22, 2019
Once a company is marked as ACTIVE non-compliant, it would not be able to make changes to its capital structure or go ahead with merger or amalgamation deals. Such non-compliant companies would also not be able to rotate their directors or make changes in their registered office.
Good news for non-graduate CAs! They are now eligible for this big boost
Tue, Nov 27, 2018
Previously a CA having three years of post-qualification experience and qualified as a graduate was allowed to become a registered valuer.
Insolvency and Bankruptcy Law: Overseas companies turned insolvent? This is what India may do
Tue, Oct 23, 2018
The country should adopt the United Nations model law to deal with the insolvency cases involving overseas companies, a government-appointed panel has suggested in its report. The report of the Insolvency Law Committee (ILC) headed by Ministry of Corporate Affairs (MCA) secretary Injeti Srinivas was submitted to finance and corporate affairs minister Arun Jaitley on Monday.
Big relief for 21 lakh Directors with deactivated DINs; Rs 5000 penalty cut to just Rs 500
Fri, Sep 21, 2018
The directors whose Director Identification Numbers (DINs) were deactivated following non-filing of new know-your-customer norms can get them reactivated by giving KYC details with a late fee of Rs 500. They can file the e-form till October 5, said government sources.
Crackdown on corporates: 21 lakh directors lose their unique identification numbers today; details here
Mon, Sep 17, 2018
The government has started the process of de-activating the identification numbers of nearly 21 lakh directors of companies as they failed to comply with KYC norms. Modi govt's crackdown on corporates: 21 lakh directors lose their unique identification numbers today; details here
Airline stocks rise as domestic passenger traffic grows in July
Tue, Aug 21, 2018
Shares of Jet Airways however fell nearly 4 per cent in morning trade after reports surfaced that the Ministry of Corporate Affairs has opened a preliminary inquiry into the carrier.
New norms: Now lawyers, CAs can be appointed independent directors
Sat, Jun 23, 2018
In what could be a big relief for independent directors, the government has removed a blanket ban on pecuniary benefits other than remuneration an independent director can draw from a company on whose Board he or she serves
Companies evading CSR spend will get prosecuted, crackdown in offing
Thu, Jun 14, 2018
The government has changed its soft approach on its corporate social responsibility (CSR) law from ‘comply or explain’ to ‘comply or get prosecuted’. An executive order to this effect has been issued by the Ministry of Corporate Affairs (MCA) recently, sources said.
Rs 300 cr PNB remittances funneled to Nirav Modi firms in US
Mon, May 14, 2018
US firms, controlled by Nirav Modi, have been found to be the recipients of at least $46 million (or over Rs 300 crore) in remittances from Punjab National Bank (PNB) since 2011, show findings of accounting firm BDO’s ongoing forensic investigation shared with an American court.
Big boost for SMEs, Centre set to take this giant step
Fri, May 11, 2018
The central government is considering relaxing some rules for convicted promoters as well as for micro, small and medium enterprises (MSMEs) in order to allow more bidders to participate in the resolution process under the Insolvency and Bankruptcy Code (IBC).
Homebuyers vs builders: Will good news for common man come this week? Find out
Mon, Apr 23, 2018
Homebuyers are likely to be granted the financial creditor’s status, placing them right after banks in the hierarchy under waterfall mechanism for liquidation. This is likely to bring relief to the thousands of homebuyers who are fighting a legal battle against builders over non-completion of projects.
Centre will not regulate salaries of top executives, rules likely next month
Mon, Mar 26, 2018
The Ministry of Corporate Affairs (MCA) is framing a set of rules to do away with the current provision in the law that requires a public limited company to seek central government’s approval to fix or raise salaries of the managerial persons, including CEO, chief financial officer (CFO) and executive directors (EDs) beyond a threshold.
PNB fraud: MCA mulls legal options to stall Nirav Modi firm Firestar Diamond's bankruptcy proceedings in US
Sun, Mar 25, 2018
PNB fraud: The move comes close on the heels of the National Company Law Tribunal (NCLT) restraining more than 60 entities, including Nirav Modi, Mehul Choksi, various individuals, companies and limited liability partnership firms, from selling their assets. A multi-agency probe, including by the Serious Fraud Investigation Office (SFIO), is progressing into the scam, whose kingpin is alleged to be Nirav Modi. The fraud, the biggest so far in the Indian banking industry, was perpetrated by way of issuance of fraudulent Letters of Undertaking ( LoUs )