Corporate Law News

MCA sets 6th March 2024 as Enforcement Date for Competition Act Amendments

07 March 2024 at 09:11

Through Notification No. S.O. 1065(E), dated March 05, 2024, the MCA has designated March 6, 2024, as the effective date for the implementation of crucial provisions outlined in sections 20, 35, and 40 of the Competition (Amendment) Act, 2023.

Posted in Corporate Law | 3150 Views

Udyam Assist Platform Registers 1.50 Crore Informal Micro Enterprises in Last 14 Months

05 March 2024 at 15:00

Udyam Assist Platform was launched by the Ministry of Micro, Small and Medium Enterprises on 11th January 2023 to facilitate registration of Informal Micro Enterprises (IMEs) through generation of Udyam Assist Certificate.

Posted in Corporate Law | 414 Views

MCA Implements Section 33 of the Competition (Amendment) Act, 2023

21 February 2024 at 09:04

The Ministry of Corporate Affairs (MCA) has taken a significant step towards bolstering India's competition regulatory framework with the enforcement of Section 33 of the Competition (Amendment) Act, 2023.

Posted in Corporate Law | 8559 Views

MCA operationalises CPC for Centralised Processing of Corporate Filings

19 February 2024 at 09:03

12 forms/applications will be processed at CPC from 16.02.2024; followed by other forms from 01.04.2024 onward

Posted in Corporate Law | 8385 Views

MCA Extends Deadline and Waives Fees for LLP BEN-2 and Form No. 4D Filings

09 February 2024 at 09:18

MCA has taken a significant step to ease compliance burdens on LLPs by providing relaxation in additional fees and extending the deadline for filing Form No. LLP BEN-2 and LLP Form No. 4D under the Limited Liability Partnership Act, 2008.

Posted in Corporate Law | 6900 Views

Government Initiatives Boost MSME Sector Towards 'Viksit Bharat' Goal

07 February 2024 at 09:02

Towards achieving the 'Viksit Bharat' objective, the Ministry of Micro, Small and Medium Enterprises implements various schemes for the benefit of MSME sector across the country

Posted in Corporate Law | 2466 Views

MSME Udyam Portal Unveils Effortless Verification Feature for Udyam Registration

03 February 2024 at 09:21

In a move aimed at enhancing transparency and facilitating compliance, the MSME Udyam Portal has rolled out a significant update introducing a user-friendly feature that allows seamless verification of Udyam Registration numbers.

Posted in Corporate Law | 4521 Views

New MSME Payment Rule Leads to Many Order Cancellations

30 January 2024 at 09:18

In a significant development for the assessment year 2024-25, the central government has implemented a new rule requiring buyers to settle payments for goods purchased from Micro, Small, and Medium Enterprises (MSMEs) within 45 days of delivery.

Posted in Corporate Law | 102237 Views

Indian Government Permits Direct Listing on International Exchanges at GIFT IFSC

26 January 2024 at 08:04

Government allows direct listing of securities by public Indian companies on International Exchanges of GIFT IFSC

Posted in Corporate Law | 2817 Views

MCA: Over 141K firms incorporated in FY24 so far

20 January 2024 at 08:44

More than 141,000 companies have been incorporated in the current financial year until January 10, marking the highest number of firms registered under the Ministry of Corporate Affairs (MCA).

Posted in Corporate Law | 5667 Views