Companies Act

Cost audit requirements become stricter

Companies will now have to ensure that all statements annexed with the cost audit report are first approved by their board of directors before final submission.

Jul 17, 2016, 11:14 AM IST

100 companies served notice by government on CSR spending issue

About 100 companies have been served notice by the Registrar of Companies (RoC) on the issue of improper disclosure of their corporate social responsibility (CSR) spending

Jul 16, 2016, 11:10 AM IST

GVK Power shares soar 16% on proposal to hike limit for loans

Shares of GVK Power & Infrastructure today ended with nearly 16 percent gains after the company sought shareholders' approval for increasing the maximum limit of loans and guarantees that can be given to other entities.

Jun 10, 2016, 16:37 PM IST

Corporate Affairs Ministry to launch new MCA21 portal

 Seeking to provide improved services to the stakeholders, the Corporate Affairs Ministry will soon launch the new MCA21 portal, which allows electronic filings of various documents under the Companies Act.

Mar 24, 2016, 18:02 PM IST

Budget 2016: Companies Act to be amended for greater ease of business

A bill to amend the Companies Act will be introduced in the current session of Parliament for greater ease of doing business, including for facilitating registration of a new company in just one day, Finance Minister Arun Jaitley said Monday.

Feb 29, 2016, 14:10 PM IST

Corp Affairs Ministry extends deadline for annual filings to December 30

The previous deadline for making these filings ended on November 30.

Dec 01, 2015, 14:47 PM IST

SEBI bans former directors of 10 companies

The Securities and Exchange Board of India (SEBI) 'prima facie' found that these past directors had illegally mobilised funds from the public through the issue of securities.

Nov 23, 2015, 18:55 PM IST

Govt relaxes requirements in annual returns form under Cos Act

Easing procedural requirements, the government has made changes in the annual returns form that is to be submitted by corporates under the Companies Act.

Nov 19, 2015, 21:28 PM IST

Regulatory reforms can lead to substantial benefits for Indian entrepreneurs: World Bank

Indian entrepreneurs can benefit substantially if the government's efforts to launch ambitious regulatory reforms are sustained over the next several years, the World Bank today said.

Oct 28, 2015, 01:21 AM IST

MCA asks companies to submit annual filings on time

To ensure that there is no last-minute congestion on its e-filing portal, the Ministry of Corporate Affairs (MCA) has asked companies to submit their financial statements and annual returns at the earliest.

Oct 02, 2015, 19:21 PM IST

Companies law committee receives over 2,000 suggestions

Government's high-level panel, set up to address issues related to the new companies law, has received over 2,000 suggestions from stakeholders and expects to finalise its report by December end.

Sep 27, 2015, 11:35 AM IST

Sebi notifies revised listing regulations

Capital market regulator Sebi has notified amended listing regulations that allow listed companies to seek shareholders' approval for related party deals through ordinary resolutions.

Sep 03, 2015, 22:34 PM IST

Rewrite 'poorly-drafted' Companies Act: ICICI Bank Chairman

In a strong criticism of the "poorly- drafted" Companies Act, ICICI Bank's newly appointed Chairman M K Sharma has said that tightening of norms has made it a "curse" to be a promoter and everyone is being made to pay because of a few cases like Satyam and Sahara.

Aug 05, 2015, 19:34 PM IST

Companies get more time for filing annual returns with MCA

Under the Companies Act, 2013, form AOC-4, AOC-4 XBRL are for filing of financial statements while MGT-7 pertains to submitting annual returns to the Ministry.

Jul 15, 2015, 18:06 PM IST

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

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 notifies amendments to Companies Act

The government has notified amendments to the Companies Act, which makes it easier to do business and provides for stricter penalties for fraud cases.

May 27, 2015, 21:01 PM IST

Govt to set up expert panel on Companies Act next week: FM Jaitley

After just making a slew of amendments to the 'complicated' Companies Act, government will constitute an expert committee next week to suggest further changes to make it easier to do business.

May 16, 2015, 16:09 PM IST

SC upholds constitutional validity of Company Tribunals

The Supreme Court Thursday upheld the constitutional validity of provisions of the Companies Act of 2013 relating to setting up of National Company Law Tribunal and National Company Law Appellate Tribunal but struck down provisions which permitted inclusion of civil servants of the level of Joint Secretary as technical members.

May 14, 2015, 23:26 PM IST