Corporate Law News

Govt Targets Rs 1.54 Lakh Crore Credit Growth for MSMEs in FY25

13 November 2024 at 06:36

In a major boost to the Micro, Small, and Medium Enterprises (MSME) sector, the government has outlined ambitious credit growth targets, mandating scheduled commercial banks and Non-Banking Financial Companies (NBFCs) to extend additional credit of R

Posted in Corporate Law | 231 Views

Loan Limit Under PMMY Doubled to Rs 20 Lakh for Small Businesses

26 October 2024 at 08:45

Loan limit under Pradhan Mantri Mudra Yojana (PMMY) increased to Rs.20 lakh from the current Rs.10 lakh

Posted in Corporate Law | 1 comments | 357 Views

MCA Notifies Companies (Adjudication of Penalties) Second Amendment Rules, 2024

15 October 2024 at 13:35

On October 9, 2024, the Ministry of Corporate Affairs (MCA) issued Notification No. G.S.R. 630(E), introducing the Companies (Adjudication of Penalties) Second Amendment Rules, 2024. This amendment further refines the existing framework for adjudicat

Posted in Corporate Law | 771 Views

MCA Appoints IEPFA Chairperson, Notifies Key Amendment Rules 2024

05 October 2024 at 15:38

In a significant development, the MCA appointed Smt. Deepti Gaur Mukerjee as the new Chairperson of the Investor Education and Protection Fund Authority (IEPFA) through Notification No. S.O. 4333(E) dated October 03, 2024.

Posted in Corporate Law | 330 Views

MCA Introduces Measures to Address Concerns and Guide Stakeholders on MCA21 Portal Compliance

27 September 2024 at 09:16

Measures by MCA to address concerns and guide stakeholders for compliances on MCA21 Portal

Posted in Corporate Law | 288 Views

MCA Notifies Companies (Accounts) Amendment Rules, 2024

26 September 2024 at 09:21

On September 24, 2024, the Ministry of Corporate Affairs (MCA) issued Notification No. G.S.R. 587(E), introducing significant amendments through the Companies (Accounts) Amendment Rules, 2024.

Posted in Corporate Law | 18825 Views

MCA Grants 5-Year Extension for Producer Companies on Share Dematerialisation Compliance

25 September 2024 at 09:07

MCA Extends Compliance Deadline for Producer Companies on Share Dematerialisation to 2028

Posted in Corporate Law | 2166 Views

MCA Notifies Second Amendment Rules for National Financial Reporting Authority

21 September 2024 at 06:58

On September 18, 2024, the MCA issued Notification No. G.S.R. 577(E), amending the National Financial Reporting Authority (NFRA) (Manner of Appointment and other Terms and Conditions of Service of Chairperson and Members) Rules, 2018.

Posted in Corporate Law | 420 Views

MCA Enforces Key Provision of Competition (Amendment) Act, 2023 from 19th Sept 2024

21 September 2024 at 06:54

The Ministry of Corporate Affairs (MCA) has issued Notification No. S.O. 4031(E). dated September 19, 2024, announcing that clause (f) of section 19 of the Competition (Amendment) Act, 2023 has come into effect on the same date.

Posted in Corporate Law | 441 Views

Maharashtra Becomes First State to Implement Unified Pension Scheme (UPS) for Employees

26 August 2024 at 09:03

In a significant move just hours after central government employees' organizations called on state governments to adopt the Unified Pension Scheme (UPS), Maharashtra has become the pioneering state to offer the scheme to its employees.

Posted in Corporate Law | 2364 Views