Corporate Law News
MSMEs Are Growth Accelerators Making Significant Contribution To GDP: Shri Narayan Rane
30 March 2022 at 08:59Shri Narayan Rane says MSMEs are growth accelerators making a significant contribution to GDP and need to be strengthened
IBBI | More than 4,000 cases admitted for corporate insolvency resolution process since FY 2016
23 March 2022 at 08:57359 cases resolved with realisable value of more than Rs 2 lakh crore for creditors
SFIO assigned 14 cases involving 95 companies in FY 2021-22
23 March 2022 at 08:57SFIO formed through a Government Resolution is an Investigating Agency under MCA, which was given statutory recognition under the Companies Act, 2013 (the Act)
IBBI admits 1060 cases into corporate insolvency resolution process in around 2 years
23 March 2022 at 08:57As per the information provided by Insolvency and Bankruptcy Board of India, in the years 2020-21 and 2021-22 (upto 31st December, 2021), 538 and 522 cases, respectively, have been admitted into the CIRP under the IBC 2016
More than 95% MSMEs benefitted under ECLGS
23 March 2022 at 08:57As informed by the National Credit Guarantee Trustee Company Limited, the agency which operates the ECLGS, as on 11.3.2022, a total of 117.87 lakh businesses have been supported
GoI takes initiatives to provide financial assistance including access to working capital for MSMEs
22 March 2022 at 08:37The Government has taken a number of initiatives for providing financial assistance to the Micro, Small and Medium Enterprises (MSMEs) to cope with the financial impact of the COVID-19 pandemic, including access to working capital.
MSME ECLGS Scheme Further Extended till 31st March 2023
21 March 2022 at 08:39The Government had earlier extended this scheme upto 31.03.2022. Now, on the basis of the requests received from the stakeholders of the scheme, the Government has decided to further extend this scheme till 31.03.2023
EPFO adds 15.29 lakh net subscribers during the month of January, 2022
21 March 2022 at 08:39EPFO payroll data: EPFO adds 15.29 lakh net subscribers during the month of January, 2022
More than 3.82 lakh companies struck off till FY 2020-21 in Special Drives
16 March 2022 at 08:30Under the Special Drives taken by Registrar of Companies, 3,82,875 number of companies ware struck off u/s 248 (1) of the Companies Act till the financial year 2020-21
CCI disposes off 1046 cases out of 1180 cases received under Sections 3 & 4 as on 28th February 2022
15 March 2022 at 08:39The Competition Commission of India (CCI) has received cases against companies (including e-commerce companies) for alleged abuse of dominant position and anti-competitive practices.
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