Whenever any violation of CSR provisions is reported, action against such non-compliant Companies are initiated as per provisions of the Act after due examination of records and following due process of law.
The provisional payroll data of EPFO published on 20th March, 2021 highlights a growing trend of subscriber base with the addition of 13.36 lakh net subscribers during the month of January, 2021.
Establishment of Central Scrutiny Centre (CSC) for carrying out scrutiny of Straight Through Processes (STP) e-forms filed by the Companies under the Act w.e.f. 23rd March 2021.
The Ministry of Corporate Affairs has created certain restrictions on the remuneration payable to independent directors under Schedule V of the Companies Act, 2013.
The Ministry of Corporate Affairs has appointed 18th March 2021, as the date on which provisions of Sec 32 & 40 of the Companies (Amendment) Act, 2020 shall come into force.
APEDA yesterday on 17-03-2021 signed memorandum of understanding (MoU) with NSIC for ensuring cooperation in range of areas focussing on harnessing exports potential of agricultural and processed food products manufactured by MSMEs.
Regulation 40A of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 ('CIRP regulations') provides a model timeline for carrying out various activities envisaged in a corporate insolvency resolution process (CIRP).
As informed by NCGTC, the implementing agency for ECLGS, as on 28.2.2021, cumulative sanction of loans stood at Rs 2.46 lakh crore against which guarantees for a total amount of Rs 2.14 lakh crore to more than 92.27 lakh borrowers.
As per data provided by the National Company Law Tribunal (NCLT), 149 in the year 2018, 103 in the year 2019 and 72 in the year 2020 making a total of 324 companies which have filed for bankruptcy during the aforesaid three years period.
All data related to CSR filed by companies in the MCA21 registry, including Aspirational District-wise, is available in public domain and can be accessed at www.csr.gov.in.
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Karia Overseas
Ahmedabad
CA
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Pimpri Chinchwad
CA Inter
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