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News
Companies Act
Companies Act News
Companies Act
27 May 2020
Companies Act amended, contributions to PM CARES Fund to be considered as CSR
This notification shall be deemed to have come into force on 28, March, 2020.
Company Law Committee
19 Sep 2019
Govt constitutes Company Law Committee to improve ease of doing biz
The panel would suggest measures for removing any bottlenecks in the overall functioning of the statutory bodies like SFIO, IEPFA, NFRA.
Companies Amendment Bill
26 Jul 2019
Companies Amendment Bill, 2019 passed by Lok Sabha
Finance and Corporate Affairs Minister Nirmala Sitharaman said the draft law will also ensure more accountability and better enforcement to strengthen the corporate governance norms.
black money crackdown
26 Feb 2018
Finance Ministry releases names of 9,491 'high risk' NBFCs, details inside
Many of these NBFCs were found converting banned currency notes after demonetisation by receiving cash as deposits and issuing back-dated FDs and cheques.
Shell companies
03 Oct 2017
MCA disqualifies more than 2 lakh directors of shell companies within 15 days
After the recent crackdown, the total number of directors disqualified by MCA has reached three lakhs.
India companies registration
25 Sep 2017
Over 74,600 companies set up in first eight months of 2017
In August alone, 9,413 companies were registered while the maximum number of registrations during the eight-month period happened in March when the number stood at 11,293.
black money
12 Sep 2017
Shell cos crackdown: Govt to disqualify over 1 lakh directors
More than 1.06 lakh directors will be disqualified for their association with shell companies, according to the government, as it steps up the fight against black money.
Ministry of Corporate Affairs
06 Sep 2017
Black money crackdown: Disqualified directors barred from submitting documents to MCA
Applications and documents filed by disqualified directors of companies to the Ministry of Corporate Affairs will be "summarily rejected", according to a communication.
Shell companies
13 Aug 2017
Bollywood, builders & brokers: More 'shell-shocks' in store
While several small brokers are already in the list of 'suspected shell firms', their links to bigger brokerage groups are being probed by
Companies deregistration
11 Aug 2017
Over 1.62 lakh companies deregistered till July 12: Govt
The response was to a query on whether there is an increase in the closure of bogus private limited companies especially those which had barely done business in the previous years but only taking loans and giving advances and creating money entries.
SEBI
07 Aug 2017
Sebi asks bourses to act against 331 suspected shell companies
The ministry is implementing the Companies Act and firms are required to be registered under this law.
SFIO
28 Jul 2017
18 probes assigned to SFIO based on market research
He was responding to a query on the number of firms operating in the country without getting themselves registered with the Registrar of Companies (RoC).
government
02 Jun 2017
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.
corporate governance
02 Jun 2017
Sebi forms committee on corporate governance
Aiming to improve standards of corporate governance of listed companies, markets regulator Sebi on Friday set up a committee under the chairmanship of Uday Kotak, chief of Kotak Mahindra Bank.
Companies Act
27 Apr 2017
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.
Demonetisation
03 Apr 2017
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.
Cyrus Mistry
07 Mar 2017
Cyrus Mistry companies urge NCLT to waive criteria for filing plea against Tata Sons
Two Cyrus Mistry family companies today urged the National Company Law Tribunal (NCLT) to use its discretion in waiving the eligibility criteria of 10 per cent shareholding required under the Companies Act for moving the Tribunal to challenge Mistry's ouster from Tata Sons.
CSR
30 Jan 2017
CSR spends by corporates jump 22% to Rs 8,300 cr in FY16
Overall CSR spends by corporates saw a significant 22 percent rise in 2015-16, with bulk of the money going into education, skills development, healthcare and sanitation initiatives, a research report said.
Tata Sons
20 Dec 2016
Will contest allegations made by Cyrus Mistry at NCLT: Tata Sons
Tata Sons Tuesday said it will contest allegations made by its ousted Chairman Cyrus Mistry against the holding company in petition filed by his investment companies at National Company Law Tribunal.
protection of minority investors
26 Oct 2016
India slips 3 notches to 13th rank in protection of minority investors
India's global ranking in terms of protection of minority investors has slipped three notches to 13th, but remains much higher than the country's overall 130th rank for ease of doing business.
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