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Ministry of Corporate Affairs

Sebi extends relaxation on dispatching hard copies of financial statements till Sep 2024

Sebi extends relaxation on dispatching hard copies of financial statements till Sep 2024

Fri, Oct 06, 2023

Capital markets regulator Sebi extended the relaxation to entities with listed non-convertible securities from dispatching physical copies of the financial statements to the holders of such securities till September 30, 2024.

Government extends deadline to apply for judicial, technical posts at NCLAT till September 1

Government extends deadline to apply for judicial, technical posts at NCLAT till September 1

Thu, Aug 17, 2023

"To widen the participation of candidates and attract the best talent, it has been decided to accept further applications, with the last date for submission of the online application being extended to September 1, 2023," the notice said.

Exclusive: After ED, BYJU'S Is Now On MCA's Radar; MCA To Conduct Inspection After The Report Of Oversight Committee

Exclusive: After ED, BYJU'S Is Now On MCA's Radar; MCA To Conduct Inspection After The Report Of Oversight Committee

Fri, May 12, 2023

BYJU'S is now on MCA's radar after ED. MCA is now preparing to conduct an inspection in BYJU'S. Inspection will start after the order of the Oversight Committee. MCA will conduct an inspection after the preliminary investigation report on BYJU'S. Several related party transactions were found in the report. Flaws in the Companies Act were also found in the report. Know the complete news from Tarun Sharma.

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Ministry informs 877 foreign companies ceased their 'place of business' in India between 2014 to November 2021

Ministry informs 877 foreign companies ceased their 'place of business' in India between 2014 to November 2021

Tue, Mar 28, 2023

In a written reply in Rajya Sabha on Tuesday, the Ministry of Corporate Affairs said that Ford and Harley Davidson have not closed their place of business in India

Tech Glitches On MCA's Portal Halting Registration Of New Company

Tech Glitches On MCA's Portal Halting Registration Of New Company

Wed, Mar 01, 2023

Many companies are facing problems due to the technical glitches in the new portal of MCA. This technical glitches is going on in the website of MCA since last 2 months. Know the full news from Tarun.

Shipping Corporation of India shares soar 10% as MCA approves revised demerger plan

Shipping Corporation of India shares soar 10% as MCA approves revised demerger plan

Thu, Feb 23, 2023

The Ministry of Corporate Affairs (MCA) on Feb 23 approved the demerger of the core and non-core assets of the state-owned Shipping Corporation of India (SCI), as per sources

Shipping Corporation of India shares in green as crucial meeting of MCA today --Check Details Here

Shipping Corporation of India shares in green as crucial meeting of MCA today --Check Details Here

Mon, Dec 26, 2022

Shares of Shipping Corporation of India jumped more than 5% in today's session on the back of a meeting of the Ministry of Corporate Affairs to discuss the demerger plan.

SCI Disinvestment Latest News: Big Update On Regulatory Approval - Demerged Company Listing Date, Stake Sale Details And More

SCI Disinvestment Latest News: Big Update On Regulatory Approval - Demerged Company Listing Date, Stake Sale Details And More

Thu, Oct 27, 2022

According to an exclusive report by Zee Business, the Regulatory Approval for SCI Disinvestment is likely to be confirmed soon. The government will sell 63% stake in Shipping Corp of India (SCI). The Ministry of Corporate Affairs may call the SCI in the second week of November for hearing of the demerger. SCI has also received approval from shareholders and lenders. ROC has also submitted its report.

Corporate Affairs Ministry to withdraw over 10,000 court cases for this reason - check details

Corporate Affairs Ministry to withdraw over 10,000 court cases for this reason - check details

Wed, Oct 26, 2022

MCA has filed about 34 thousand cases against companies in different courts in India.

Demerger of NMDC Steel from NMDC approved by Ministry of Corporate Affairs

Demerger of NMDC Steel from NMDC approved by Ministry of Corporate Affairs

Wed, Oct 12, 2022

After approval for demerger was received from the Ministry of Corporate Affairs (MCA) on October 6

Govt amends rules governing corporate social responsibility

Govt amends rules governing corporate social responsibility

Fri, Sep 23, 2022

Under the Companies Act, 2013, certain classes of profitable companies are required to spend at least 2 per cent of their average net profit of the preceding three financial years on CSR activities in a particular financial year.

Ministry of Corporate Affairs crackdown on Chinese shell companies in India; SFIO arrests mastermind & chief plotter

Ministry of Corporate Affairs crackdown on Chinese shell companies in India; SFIO arrests mastermind & chief plotter

Sun, Sep 11, 2022

The ministry observed that the investigations so far have revealed the possible involvement of these shell companies in serious financial crimes detrimental to the financial security of the country.

Massive Action on Chinese Firms! MCA busts the racket of shell companies

Massive Action on Chinese Firms! MCA busts the racket of shell companies

Thu, Sep 08, 2022

A source close to development told Zee Business, “This entity is supposedly being used as an entry operator for the fraudulent transactions of Chinese enterprises, companies and individuals.”

Crackdown Begins On Indian Entities Supplying Fake Directors To Chinese Shell Companies

Crackdown Begins On Indian Entities Supplying Fake Directors To Chinese Shell Companies

Thu, Sep 08, 2022

The Ministry of Corporate Affairs (MCA) on Thursday began a crackdown on Indian entities that were providing "fake directors" to Chinese companies. Hundreds of such shell companies with origins in China are operating in cities like Delhi, Bengaluru, Hyderabad and Gurugram. A team of 25 to 30 MCA officials raided each place, which is still going on. Watch this video for more details.

BEML disinvestment latest news: Govt may invite financial bids in December quarter

BEML disinvestment latest news: Govt may invite financial bids in December quarter

Mon, Aug 29, 2022

In January last year, the government invited preliminary bids for selling 26 per cent stake in BEML along with the management control.

Revenue Secretary Tarun Bajaj gets additional charge of Corporate Affairs Secretary

Revenue Secretary Tarun Bajaj gets additional charge of Corporate Affairs Secretary

Mon, Aug 22, 2022

Tarun Bajaj was appointed as the revenue secretary under the Ministry of Finance in April 2021.

Rule amended! ICAI says disciplinary body to have 3 non-CA members by 2022-23

Rule amended! ICAI says disciplinary body to have 3 non-CA members by 2022-23

Thu, Aug 04, 2022

According to the amended rule, there will be three non-CA nominees in the five-member committee which is entrusted to take action against chartered accountants for any professional wrongdoing. At present, the panel comprises two non-CA nominees and three ICAI members.

Iconic Week Celebrations in Pics: PM Modi launches new series of coins with AKAM design, Check here

Iconic Week Celebrations in Pics: PM Modi launches new series of coins with AKAM design, Check here

Mon, Jun 06, 2022

Iconic Week Celebrations: Prime Minister Narendra Modi on Monday launched a special series of Re 1, Rs 2, Rs 5, Rs 10, and Rs 20 coins at the iconic week celebrations under the 'Azadi Ka Amrit Mahotsav'.

$SEBI, MCA officials crucial meeting soon to discuss share buyback, fractional shares and SPAC regulations$

SEBI, MCA officials crucial meeting soon to discuss share buyback, fractional shares and SPAC regulations

Mon, Apr 18, 2022

Ministry of Corporate Affairs released a new company law committee report on April 13th which was chaired by Ministry of Corporate Affairs secretary Rajesh Verma. In this report, several recommendations are given by committee members which can be implemented with the consultation of SEBI

MCA to enter all complaints against companies in electronic registry; seeks to curb possible unauthentic communications

MCA to enter all complaints against companies in electronic registry; seeks to curb possible unauthentic communications

Sun, Feb 27, 2022

To curb possible instances of unauthentic communications targeting stakeholders, the MCA has directed Registrars of Companies and Regional Directors to enter all complaints received against companies and LLPs in the ministry's electronic registry.

Exclusive: After CBI and ED, Corporate Affairs ministry likely to probe ABG Shipyard Scam; may handover case to SFIO

Exclusive: After CBI and ED, Corporate Affairs ministry likely to probe ABG Shipyard Scam; may handover case to SFIO

Wed, Feb 16, 2022

India's biggest banking fraud related to ABG Shipyard will now be probed by the Ministry of Corporate Affairs (MCA) as well, Zee Business' Tarun Sharma reports.

Zee Business Exclusive: Finance Ministry, MCA are not convinced with Sebi proposal of reviewing MIIs' shareholding

Zee Business Exclusive: Finance Ministry, MCA are not convinced with Sebi proposal of reviewing MIIs' shareholding

Fri, Oct 01, 2021

Finance Ministry and Ministry of Corporate Affairs (MCA) have raised concern on higher shareholding for single entity to 100 percent. A source close to development told Zee Business that “Sebi is ready to cut down the shareholding proposal from 100 percent to 51 percent to a single entity”.

More firms to come under ambit of small and medium sized companies

More firms to come under ambit of small and medium sized companies

Thu, Jun 24, 2021

In a bid to enable more and more companies to avail greater flexibility in the accounting standard, the Ministry of Corporate Affairs (MCA) has expanded the ambit of small and medium companies (SMC) and has raised their turnover and borrowing limits.

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