Ministry of Corporate Affairs has introduced a Companies Affirmation of Readiness towards COVID-19 Form and all companies, LLPs are encouraged…
MCA Notifies New SPICe+ Web Form
Corporate Affairs Secretary Injeti Srinivas recently launched SPICe+ (Simplified Proforma for Incorporating Company Electronically Plus). It is the new web…
Clarification on prosecutions filed or internal adjudication proceedings
MCA has recently issued a circular offering Clarification on prosecutions filed or internal adjudication proceedings initiated Independent Directors,non-promoters and non-KMP…
Types of Company Directors in India
The Companies Act 2013, defines Directors to be a part of the collective body, called to be as the Board…
Cabinet to consider amendment in the Companies Act, 44 out of 66 offences to be decriminalised
In what may be termed as a move towards alleviating the complexities in running businesses, the cabinet will apparently consider…
MCA notifies Companies (Winding Up) Rules, 2020
In a bid to ease the process of business liquidation, the Ministry of Corporate Affairs (MCA) announced its latest set…
Government Likely to Ask Unlisted Companies to Submit Quarterly and Half-Yearly Financial Statements
The Ministry of Corporate Affairs (MCA) is planning to add provisions to the Companies Act that would require unlisted companies…
Madras HC Upholds Constitutional Validity of Proviso to Section 167 (1) (a) of the Companies Act
The Madras High Court has upheld the constitutionality of section 167 (1) (a) of the Companies Act that mandates defaulting…
FAQs Related to MCA Mandate to Private Companies to have a Whole-Time CS
What is the name of this notification? These rules may be called the Companies (Appointment and Remuneration of Managerial Personnel)…
Top 50 Indian Firms Deleverage Balance Sheets, Reduce Debts by Approx. Rs 60K Crores
In a bid to deleverage their balance sheets, top 50 Indian companies have reduced their debt by Rs 59,600 crores…
