Corporate Affairs Ministry

Corporate Affairs Ministry issues revised e-forms for cost audit

The new e-forms -- CRA-2 and CRA-4 -- have been notified by the Corporate Affairs Ministry for compliance under the new Companies Act.

Jun 12, 2015, 21:21 PM IST

Companies Act exemptions to help private cos run smoothly: ICAI

Chartered accountants' apex body ICAI Tuesday said latest exemptions provided under the companies law would help private companies run their business smoothly.

Jun 09, 2015, 17:52 PM IST

Government further relaxes norms for companies

Relaxing the norms for the four categories of companies, the Corporate Affairs Ministry has come out with four separate notifications issued on June 5.

Jun 07, 2015, 19:00 PM IST

Govt sets up panel to suggest changes to Companies Act

The Corporate Affairs Ministry has already made a raft of changes to the Companies Act, 2013 -- whose most provisions came into effect from April 1, 2014 -- amid concerns raised from various stakeholders.

Jun 05, 2015, 15:53 PM IST

Govt eases procedures for setting up companies

The new e-form, available from Friday, can be used instead of separately filling up at least five e-forms by entities seeking to incorporate a company in India.

May 01, 2015, 16:54 PM IST

SFIO 'miserably' failed to develop fraud prediction model

The Serious Fraud Investigation Office (SFIO), under the administrative control of the Corporate Affairs Ministry, was asked to probe 139 cases in the last three years.

Apr 26, 2015, 12:13 PM IST

Shipping vessel sharing pacts get exemption from CCI lens

The Corporate Affairs Ministry recently decided to keep VSAs out of Competition Commission of India (CCI) purview for one more year.

Apr 19, 2015, 10:48 AM IST

Companies Act: Govt to set up panel to identify issues pinching firms

Finance Minister Arun Jaitley, who also heads Corporate Affairs Ministry, said the immediate priority is to get the proposed amendments to the Companies Act passed by Parliament.

Apr 06, 2015, 18:59 PM IST

Women directors: Sebi readies for action against errant firms

A large number of listed firms, including some state-run entities, may face regulatory action by Sebi and stock exchanges after failing to appoint at least one woman director on their respective boards.

Apr 05, 2015, 15:40 PM IST

Nearly 2,000 one-person firms come up in 11 months

The Ministry is implementing the Companies Act, 2013, whose most of the provisions came into force from April 1, 2014.

Apr 05, 2015, 10:48 AM IST

MCA eases director appointment filing requirements

In case of the entire board resigning from a company, the statutory filing about details of new directors' appointment can be made by one of the directors who has quit, according to the Ministry of Corporate Affairs.

Mar 08, 2015, 11:19 AM IST

FTIL opposes MCA petition to supersede its board

Financial Technologies today said its Board has unanimously opposed the Ministry of Corporate Affairs (MCA) petition to Company Law Board (CLB) seeking "removal and supersession" of the FTIL Board.

Mar 02, 2015, 13:26 PM IST

Govt panel formed to monitor CSR works

The government has set up a high level panel to suggest a framework to assess CSR activities done by corporates under the companies law.

Feb 04, 2015, 12:10 PM IST

Over 1,400 one-person companies come up in just nine months

On an average, the figure translates to 155 new one person companies (OPCs) being established every month from April-December 2014 period.

Feb 01, 2015, 16:20 PM IST

Nearly 38,000 firms set up in eight months of new Cos Act

Spread across diverse sectors, nearly 38,000 new firms have been registered in the first eight months of the new companies law coming into force in April last year.

Jan 04, 2015, 13:28 PM IST

Govt comes out with roadmap for new accounting standards

The government Friday said that companies with a networth of Rs 500 crore or more will have to mandatorily follow the new accounting norms that are converged with global standards from April 1, 2016.

Jan 02, 2015, 22:52 PM IST

No law 'perfect', new Cos Act provides for self regulation: MCA

The new Act, which replaces the nearly six-decade-old legislation that governs corporates, was passed by the UPA government.

Dec 28, 2014, 15:26 PM IST

128 'vanishing companies' traced; under govt's 'watch list'

With this, a total of 78 firms are currently placed under the category of 'vanishing'. These firms collectively raised more than Rs 310 crore from investors.

Dec 14, 2014, 10:58 AM IST

Govt mulls amendments to related party norms for companies

The Corporate Affairs Ministry, which is implementing the Act, is now looking to make changes to certain provisions of the new law, sources said.

Nov 23, 2014, 10:40 AM IST

NSEL crisis: Govt mulls Board changes for merged entity

The Corporate Affairs Ministry last week unveiled a proposal to merge NSEL -- which has been embroiled in an over Rs 5,600 crore payment crisis -- with Jignesh Shah-led Financial Technologies (India) Ltd.

Oct 27, 2014, 11:18 AM IST