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Companies Act: MCA officials to brief Jaitley Wednesday

Last Updated: Tuesday, August 19, 2014, 18:08

Corporate Affairs Ministry officials are likely to brief Arun Jaitley Wednesday about the implementation of the new companies law.

Govt tweak rules for companies' audit committee meetings

Last Updated: Monday, August 18, 2014, 17:43

The audit committee meeting of a company for consideration of consolidated financial statement cannot be conducted through video conferencing or other audio visual means, according to new rules.

Shareholders' prior nod needed for related party transactions

Last Updated: Sunday, August 17, 2014, 22:20

Providing more clarity, the government has said that certain class of related party transactions whose value is more than Rs 100 crore would require shareholders' prior approval by way of a special resolution.

MCA ordered probe against 93 cos in 2013-14: Minister

Last Updated: Friday, August 08, 2014, 16:00

The Corporate Affairs Ministry initiated probes against as many as 93 companies in 2013-14 for alleged fraudulent activities -- the highest number recorded in last three financial years.

Only 4% of Indian company directors are women: Report

Last Updated: Friday, August 08, 2014, 09:15

The Companies Act, 2013 , makes it mandatory for public and private firms with an annual turnover of $50 million) to have at least one female director by Oct. 1, 2014.

MCA has ordered probe against 63 West Bengal firms: Sitharaman

Last Updated: Tuesday, August 05, 2014, 16:09

Sitharaman informed the house that a total of 1,82,417 companies and 1,168 Limited Liability Partnership (LLPs) were registered in West Bengal till June-end, 2014.

Nearly 1,800 new companies were set up in May

Last Updated: Sunday, July 06, 2014, 12:12

Data from the Corporate Affairs Ministry showed that 1,789 new companies were registered in the country in May 2014.

Govt relaxes resident director norms for companies

Last Updated: Sunday, June 29, 2014, 14:42

The relaxation allows for companies to have at least one director who has resided in India for more than 136 days this year.

CII seeks clarity on new cos law; suggest changes in CSR rules

Last Updated: Sunday, June 01, 2014, 19:14

Expressing concerns over the "prescriptive" nature of CSR norms, industry body CII has sought changes in the social welfare spending rules for corporates besides seeking clarity on taxation aspect.

Corp Affairs Ministry makes presentation to Sitharaman

Last Updated: Wednesday, May 28, 2014, 22:40

The Corporate Affairs Ministry on Wednesday made a presentation, which touched upon various aspects of the new companies law and other issues, to the new minister Nirmala Sitharaman.

Corporate Affairs Ministry to be 'clubbed' with Finance Ministry

Last Updated: Tuesday, May 27, 2014, 20:59

"There will be clubbing. Currently the (Corporate Affairs) ministry is under me. A notification has to come," Finance and Corporate Affairs Minister Arun Jaitley said when asked whether MCA will be part of Finance Minister.

Reebok fraud: Parent adidas welcomes MCA action

Last Updated: Sunday, April 06, 2014, 15:30

Responding to a detailed questionnaire on the SFIO action, adidas Group said that Reebok India is a victim of the fraudulent activity.