Corporate affairs ministry amends rules for LLPs
The rules will be effective from April 1, 2022.
Feb 15, 2022, 23:38 PM IST
Centre changes rules related to incorporation of companies
Changes have been made with respect to the allotment of a new name to an existing company under Section 16 of the Act.
Jul 23, 2021, 23:43 PM IST
Corporate Affairs Ministry formulates guidelines on responsible business conduct
The Ministry has also constituted the Committee on Business Responsibility Reporting (BRR) to develop BRR formats for listed and unlisted companies.
Mar 14, 2019, 10:45 AM IST
Unlisted companies to issue new shares in demat form from October 2
The decision also comes at a time when the ministry is clamping down on shell companies that are suspected of being conduits for illicit fund flows.
Sep 11, 2018, 11:41 AM IST
IBC Ordinance to have no impact on valuation of assets under resolution: SBI chief
The President today gave his assent to the Ordinance amending the Insolvency & Bankruptcy Code, 2016.
Nov 23, 2017, 17:50 PM IST
Govt working on data mining of deregistered companies
Amid the clampdown on the black money menace, names of more than 2.24 lakh companies have been struck off from the records.
Nov 23, 2017, 17:01 PM IST
Insolvency and Bankruptcy Code 2016: Check out gist of the amendments
The IBC became operational in December 2016 and provides for a time-bound insolvency resolution process.
Nov 23, 2017, 16:29 PM IST
President approves ordinance on Insolvency and Bankruptcy Code
The ordinance was approved by the cabinet on Wednesday.
Nov 23, 2017, 13:59 PM IST
Kingfisher case: SFIO gets nod for filing prosecution cases
In its detailed report on the matter submitted to the ministry recently, the Serious Fraud Investigation Office (SFIO) flagged various violations by individuals and entities related to the now-defunct Kingfisher Airlines, which was owned by Mallya.
Nov 22, 2017, 21:41 PM IST
Govt to come out with ordinance to tighten insolvency law
The Code, which became operational in December last year, provides a market-determined and time-bound insolvency resolution process. Over 300 cases have already been approved by the National Company Law Tribunal (NCLT) to be taken up under the law, implemented by the corporate affairs ministry.
Nov 22, 2017, 17:00 PM IST
Auditors come under lens amid crackdown on shell companies
Government said more than 1.06 lakh directors would be disqualified for their association with shell companies.
Sep 13, 2017, 16:05 PM IST
Amazon invests over Rs 2,000 crore in India business
Global e-tailing giant Amazon has invested over Rs 2,000 crore (over USD 310 million) in India in the last two months as it looks to consolidate its position in the country and fend off local rivals like Flipkart
Jul 06, 2017, 20:17 PM IST
Govt portal MCA21 came under WannaCry attack
The corporate affairs ministry's key portal for making filings by companies -- MCA21 -- came under WannaCry ransomware attack last month, affecting certain services.
Jun 18, 2017, 15:47 PM IST
SFIO to trawl social media for leads on corporate frauds
The government's white-collar crime investigation agency SFIO is developing a new system, which will trawl social media platforms for leads on any possible fraud-in-making.
Jun 04, 2017, 18:01 PM IST
Nearly 3 lakh companies likely to face strict government action
The government has issued show cause notices to nearly 3 lakh firms that have not been carrying out business for long and are likely to face strict action starting this month.
Jun 02, 2017, 18:48 PM IST
SFIO developing early warning system to detect corporate frauds
The government's white-collar crime investigation agency SFIO is developing a new system for early detection of corporate frauds and to safeguard gullible investors from fly-by-night operators.
May 23, 2017, 19:02 PM IST
Govt exempts InvITs from acceptance of deposit norms
Infrastructure Investment Trusts have been exempted from the ambit of acceptance of deposit rules under the companies law, a move that is expected to ease the compliance requirements for the investment vehicle.
May 14, 2017, 16:50 PM IST
13,000 inactive companies come under government lens
Nearly 13,000 companies have come under the government scanner for not carrying out business activities for a prolonged time amid stepped up efforts to clamp down on illicit fund flows through shell firms.
Apr 27, 2017, 18:38 PM IST
Govt asks companies to disclose details about junked notes
The government has asked companies to disclose details about transactions involving scrapped notes post demonetisation till December 30.
Apr 03, 2017, 18:41 PM IST
Nexus among politicians, business houses reported in some scams: Govt
The nexus among politicians, bureaucrats, and business houses have been reported in some instances of corporate scams, the government said on Friday.
Mar 10, 2017, 17:03 PM IST
