Companies Act

Corporate database accessible to other regulators: MCA

The Ministry's MCA 21 portal provides online facility for all compliance-related filings under the Companies Act.

Dec 19, 2014, 19:55 PM IST

'Cos law amendments to improve ease of doing biz in India'

The proposed changes to companies law that were cleared by the Lok Sabha Wednesday would provide relief to corporates and improve ease of doing business in India, according to experts.

Dec 17, 2014, 21:30 PM IST

Lok Sabha clears changes to Companies Act to improve business climate

Piloting the bill, Finance Minister Arun Jaitley said the "oppressive provisions" have been removed from the Companies Act 2013 as it was felt "no body will come here to set up business if such an environment persists."

Dec 17, 2014, 18:11 PM IST

Lok Sabha passes Companies Act amendment Bill

The Lok Sabha on Wednesday passed the Companies amendment Bill, 2014, which provides for severe punishment for those raising illegal deposits from the public.

Dec 17, 2014, 16:12 PM IST

FM pushes for changes in Companies Act for ease of doing business

Corporate Affairs Minister Arun Jaitley on Wednesday pushed for changes in the Companies amendment bill, 2014 to improve business climate in the country.

Dec 17, 2014, 15:58 PM IST

Companies Act needs changes to improve biz climate: Jaitley

The 14 proposed amendments include provision to ensure that frauds beyond a certain threshold would need to be mandatorily reported by the auditors to the government.

Dec 16, 2014, 20:16 PM IST

Over 9,000 new cases against cos with RoCs in 2013-14

The Committee in its report noted that the number of cases pending with the RoCs stood 49,500, as on April 1, 2013.

Dec 16, 2014, 19:45 PM IST

Governance practices improving in India Inc: Grant Thornton

Corporate governance practices across the top 150 companies in the country have improved, but the female representation on board of companies is still skewed.

Dec 08, 2014, 16:26 PM IST

Maruti defers seeking shareholders' nod for Gujarat plant

Having run into troubles with institutional investors over its Gujarat plant transfer to parent Suzuki, car maker Maruti now wants to seek approval of minority shareholders after a proposed relaxation comes into effect in the Companies Act.

Dec 07, 2014, 12:47 PM IST

More than 900 one-person companies come up in seven months

India has seen setting up of over 900 one-person companies, with more than half in the business services segment, in the seven months since April 1 when norms for establishing such entities came into force.

Dec 07, 2014, 12:13 PM IST

Cabinet clears changes to Companies Act for ease of doing biz

Within months of the new Companies Act coming into force, the government on Tuesday cleared a slew of changes to this law to make it easier for corporates to do business and to ensure severe punishment for those raising illegal deposits from the public.

Dec 02, 2014, 22:26 PM 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

India sees setting up of 478 one-person companies till August

According to data compiled by the Corporate Affairs Ministry, 478 OPCs have been set up till August 31 and together they have an authorised capital of Rs 11.95 crore.

Oct 19, 2014, 14:54 PM IST

Corp Affairs ministry says simplifying procedures under new companies law

The Companies Act, 2013 -- that replaces the nearly six-decade old law governing corporates in the country -- came into effect from April 1.

Oct 03, 2014, 13:26 PM IST

Govt to hike IFCI stake to 51%, infuse Rs 60 crore

Finance Ministry would seek Cabinet approval to hike its stake in the IFCI to 51 percent by pumping in Rs 60 crore, and make it a "government company", sources said.

Aug 31, 2014, 14:40 PM IST

Companies Act: MCA officials to brief Jaitley Wednesday

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

Aug 19, 2014, 18:08 PM IST

Govt tweak rules for companies' audit committee meetings

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.

Aug 18, 2014, 17:43 PM IST

Shareholders' prior nod needed for related party transactions

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.

Aug 17, 2014, 22:20 PM IST

Govt launches company law settlement scheme

Launching an 'immunity' scheme for thousands of entities having defaulted on their statutory filings under the Companies Act, the government Wednesday said no penal action would be taken against those availing this offer for a period of two months.

Aug 13, 2014, 19:40 PM IST

Only 4% of Indian company directors are women: Report

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.

Aug 08, 2014, 09:15 AM IST