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MCA introduces C-PACE initiative to simplify company striking off process

   16 May 2023 at 08:45

The Ministry of Corporate Affairs (MCA) has moved a step forward by centralising the strike off process of companies with the establishment of the Centre for Processing Accelerated Corporate Exit (C-PACE). 

Posted in Corporate Law |   5982 Views


MCA implements stringent norms for closure of firms

   15 May 2023 at 08:38

Ministry of corporate affairs has introduced fresh conditions for companies that wish to de-register with the RoC.

Posted in Corporate Law |   4272 Views


MCA takes a serious view of professionals for unethical conduct

   04 May 2023 at 08:46

The Ministry of Corporate Affairs has taken a serious view of professionals who help companies incorporate by falsely certifying they have visited the premises of the intended registered office.

Posted in Corporate Law |   15069 Views


Vivad Se Vishwas scheme aimed to provide relief to MSMEs comes into force

   03 May 2023 at 08:43

Government launches Vivad se Vishwas scheme for relief to MSMEs for COVID-19 period, as announced in the Union Budget 2023-24

Posted in Corporate Law |   5670 Views


NPS and APY enrolments cross 1.35 crore in FY 2022-23

   07 April 2023 at 08:48

Total enrolments under various schemes under NPS and APY cross 1.35 crore during Financial Year 2022-23

Posted in Corporate Law |   2967 Views


MCA struck off 29,059 non-compliant companies in FY 2021 and 2022

   05 April 2023 at 08:36

The Corporate Affairs Ministry (MCA) had struck off as many as 29,059 non-compliant companies in FY21 and FY22, Lok Sabha was informed on Monday.

Posted in Corporate Law |   9300 Views


SEBI investigating dealings in shares of 58 companies for violation of extent rules

   29 March 2023 at 08:43

As on February 28, 2023, SEBI is investigating the dealings in the shares of 58 companies for violation of SEBI

Posted in Corporate Law |   3219 Views


ICAI releases Exposure Draft of Guidance Note on Transfer of Capital Reserve

   22 March 2023 at 07:03

Certain Ind AS require capital reserve to be created toward unrealised profits arising from certain transactions or other events. However, currently, there is no specific guidance on their subsequent transfer to retained earnings or other free reserve.

Posted in Corporate Law |   5043 Views


NPS records 5,67,116 beneficiaries above age of 60 years

   21 March 2023 at 08:40

As informed by PFRDA, the number of beneficiaries above the age of 60 years, under the National Pension System (NPS) is 5,67,116.

Posted in Corporate Law |   3345 Views


38.58 crore loans extended since inception of PMMY

   14 March 2023 at 08:34

26.35 crore loans (68%) extended to Women Entrepreneurs and 19.84 crore loans (51%) to SC/ST/OBC category of borrowers under PMMY

Posted in Corporate Law |   3315 Views