Higher penalty for cartels and greater leniency provisions introduced in competition law last month will go hand in hand in tackling cartels which are by nature difficult to prove, the corporate affairs ministry said in a monthly update
The Ministry of Corporate Affairs (MCA) has moved a step forward by centralising the strike off process of companies with the establishment of the Centre for Processing Accelerated Corporate Exit (C-PACE).
Ministry of corporate affairs has introduced fresh conditions for companies that wish to de-register with the RoC.
The Ministry of Corporate Affairs has taken a serious view of professionals who help companies incorporate by falsely certifying they have visited the premises of the intended registered office.
Government launches Vivad se Vishwas scheme for relief to MSMEs for COVID-19 period, as announced in the Union Budget 2023-24
Total enrolments under various schemes under NPS and APY cross 1.35 crore during Financial Year 2022-23
The Corporate Affairs Ministry (MCA) had struck off as many as 29,059 non-compliant companies in FY21 and FY22, Lok Sabha was informed on Monday.
As on February 28, 2023, SEBI is investigating the dealings in the shares of 58 companies for violation of SEBI
Certain Ind AS require capital reserve to be created toward unrealised profits arising from certain transactions or other events. However, currently, there is no specific guidance on their subsequent transfer to retained earnings or other free reserve.
As informed by PFRDA, the number of beneficiaries above the age of 60 years, under the National Pension System (NPS) is 5,67,116.
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