Corporate Law News

MSME | Performance of Emergency Credit Line Guarantee Scheme

16 March 2021 at 17:42

As informed by NCGTC, the implementing agency for ECLGS, as on 28.2.2021, cumulative sanction of loans stood at Rs 2.46 lakh crore against which guarantees for a total amount of Rs 2.14 lakh crore to more than 92.27 lakh borrowers.

Posted in Corporate Law | 1449 Views

324 companies filed for bankruptcy between 2018 to 2020

16 March 2021 at 17:33

As per data provided by the National Company Law Tribunal (NCLT), 149 in the year 2018, 103 in the year 2019 and 72 in the year 2020 making a total of 324 companies which have filed for bankruptcy during the aforesaid three years period.

Posted in Corporate Law | 1140 Views

CSR expenditure by all companies in Aspirational Districts from 2017-20

15 March 2021 at 17:54

All data related to CSR filed by companies in the MCA21 registry, including Aspirational District-wise, is available in public domain and can be accessed at www.csr.gov.in.

Posted in Corporate Law | 1398 Views

Provisions of Companies (Amendment) Act, 2017 w.e.f. 5th March, 2021

10 March 2021 at 20:07

This is to inform you that the Central Government has notified the provisions of clause (i) of section 23 of the Companies (Amendment) Act, 2017 w.e.f. 05th March 2021 i.e. the provisions of sections 92(1) of the Companies Act, 2013.

Posted in Corporate Law | 2142 Views

Analysis of pre and post amendments in Companies (Management and Administration) Rules, 2014

10 March 2021 at 19:41

This is to inform you that the Central Government has prescribed an abridged form of annual return for "OPC and small company" by amending the provisions of Companies (Management and Administration) Rules, 2014.

Posted in Corporate Law | 1644 Views

3,82,875 number of Companies struck off in three years up to FY 2020

09 March 2021 at 17:13

Shri Anurag Singh Thakur stated that SEBI had received a list of 331 shell companies from MCA along with a letter of SFIO which contained the database of shell companies along with their inputs, for initiating necessary action.

Posted in Corporate Law | 1254 Views

Action initiated to control fraudulent companies

09 March 2021 at 17:12

The term 'Fraudulent Company' is not defined in the Companies Act, 2013. However, Ministry of Corporate Affairs (MCA) through the Registrar of Companies (ROC) CRC at Manesar registers new companies by following due process of law.

Posted in Corporate Law | 1632 Views

Udyam registration further simplified

09 March 2021 at 05:30

A notification has been issued by the Ministry of MSME on 05.03.2021 to align the mandatory requirement for filing Udyam Registration with those for filing GST Returns, in the interest of those enterprises that are exempted from filing returns.

Posted in Corporate Law | 15804 Views

MCA | Filling up of Executive Director to Dy. General Manager level posts in NFRA at New Delhi

09 March 2021 at 05:27

Filling up of Executive Director to Dy. General Manager level Posts in NFRA at New Delhi on Deputation / Short term Contract basis. Official notification together with the details of the vacancy have been listed here.

Posted in Corporate Law | 1227 Views

MCA | Filling up of posts of AGM and below in NFRA at New Delhi

09 March 2021 at 05:26

Filling up of posts of AGM and below in NFRA at New Delhi on Deputation / Short term Contract basis. Official notification together with the details of the vacancy have been listed here.

Posted in Corporate Law | 1377 Views