Corporate Law News

MCA Mandates Half-Yearly Return for Companies Delaying Payments to MSMEs

27 March 2025 at 09:28

The Central Government has issued a directive under Section 9 of the Micro, Small, and Medium Enterprises Development Act, 2006 (MSMED Act, 2006), making it mandatory for companies to report payment delays to micro and small enterprises (MSEs).

Posted in Corporate Law | 1 comments | 9678 Views

Govt Launches MSME TEAM Initiative to Boost E-Commerce Adoption via ONDC

26 March 2025 at 08:34

During the FY 2024-25, the MSMEhas launched a sub scheme under Central Sector Scheme Raising and Accelerating MSME Performance Program (RAMP), namely MSME Trade Enablement and Marketing (MSME TEAM) Initiative on 27th June 2024.

Posted in Corporate Law | 639 Views

Govt Launches Mutual Credit Guarantee Scheme for MSMEs with 60% Coverage on Loans Up to Rs 100 Crore

20 March 2025 at 08:36

Mutual Credit Guarantee Scheme for MSMEs (MCGS- MSME) provides 60% guarantee for credit facility up to Rs.100 crore

Posted in Corporate Law | 594 Views

IBC Success: Rs 10 Lakh Crore Cleared with 28,818 Cases Resolved

19 March 2025 at 08:50

The Insolvency and Bankruptcy Code (IBC) has played a pivotal role in resolving corporate distress, with as many as 40,943 applications filed under the law since its inception in 2016.

Posted in Corporate Law | 432 Views

Govt Boosts MSME Credit Access: Loans Up to Rs 25 Lakh Approved in 14 Days

12 March 2025 at 08:56

Government has taken several measures to increase credit access and finance for MSMEsFor loans up to ₹25 lakh for Micro and Small Enterprises (MSE) borrowers, credit decisions within 14 working days by the banks

Posted in Corporate Law | 654 Views

FM Sitharaman Launches Digital Credit Assessment Model for MSMEs to Streamline Loan Approvals

07 March 2025 at 08:59

Union Finance Minister and MoS, Finance launch the New Credit Assessment Model for MSMEs as announced in Union Budget 2024-25

Posted in Corporate Law | 432 Views

MCA Extends Deadline for Mandatory Dematerialization of Private Companies Until 30th June 2025

13 February 2025 at 08:46

In a significant move, the Ministry of Corporate Affairs (MCA) has extended the deadline for mandatory dematerialization of securities for certain private companies until June 30, 2025.

Posted in Corporate Law | 5403 Views

MCA21 Records 80.26 Lakh Form Filings in FY 2024-25

05 February 2025 at 08:57

MCA21 records 80.26 lakh form filings between April 2024 to January 2025 driving Ease of Doing Business with enhanced digital solutions

Posted in Corporate Law | 651 Views

MCA Extends Timeline for Filing CSR Reports to 31st March 2025

03 January 2025 at 08:52

The Ministry of Corporate Affairs (MCA) has issued a notification dated December 31, 2024, extending the timeline for compliance with certain provisions under the Companies (Accounts) Rules, 2014.

Posted in Corporate Law | 2832 Views