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Corporate Law News


MCA Tightens Scrutiny on Beneficial Ownership Norms for Foreign-Owned Companies

   29 May 2024 at 09:17

The Ministry of Corporate Affairs (MCA) has intensified its examination of beneficial ownership standards for companies controlled by foreign investors, leading to significant compliance implications, according to legal experts.

Posted in Corporate Law |   1953 Views


MCA Fines Satya Nadella, LinkedIn India and 8 Executives for Violating SBO Norms

   24 May 2024 at 09:02

The Corporate Affairs Ministry on Wednesday imposed fines on Microsoft-owned LinkedIn India, its top executives including CEO Satya Nadella, and eight other individuals.

Posted in Corporate Law |   3024 Views


MCA Seeks Feedback On Review of Rules specified under the Chartered Accountants Act, 1949

   11 May 2024 at 09:04

The Ministry of Corporate Affairs has initiated a public consultation process to review the rules specified under the Chartered Accountants Act, 1949.

Posted in Corporate Law |   2427 Views


MCA Extends LLP Filing Deadline and Relaxes Additional Fees for Form No. LLP BEN-2 and LLP Form No. 4D

   09 May 2024 at 09:14

MCA has announced a significant relaxation in additional fees and an extension of the last filing date for Form No. LLP BEN-2 and LLP Form No. 4D under the Limited Liability Partnership Act, 2008.

Posted in Corporate Law |   3345 Views


MCA Establishes Appellate Authority for Chartered Accountants, Company Secretaries and Cost Accountants

   02 May 2024 at 08:47

MCA has issued Notification G.S.R. 255(E) dated April 26, 2024. This notification pertains to the establishment of the Appellate Authority for CAs, CSs and Cost Accountants.

Posted in Corporate Law |   14826 Views


MCA Issues Advisory on CSR Compliance Deadline for Companies

   28 March 2024 at 09:07

All eligible companies are requested to file e-form CSR-2 for the financial year 2022-23 on or before due date i.e. 31.03.2024 to avoid penal action by the Ministry of Corporate Affairs. Please ignore, if already filed.

Posted in Corporate Law |   7416 Views


MCA Calls for Feedback on Digital Competition Law Report and Draft Bill

   14 March 2024 at 09:15

MCA invites public comments on Report of Committee on Digital Competition Law and Draft Bill on Digital Competition Law

Posted in Corporate Law |   351 Views


MCA revises threshold limits for value of Assets and Turnover for Combination Filings under Competition Act, 2002

   09 March 2024 at 14:41

Ministry of Corporate Affairs revises threshold limits for value of Assets and Turnover for purposes of combination filings under Competition Act, 2002 as a step towards 'Ease of doing Business'

Posted in Corporate Law |   987 Views


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 |   2976 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 |   327 Views