SFIO formed through a Government Resolution is an Investigating Agency under MCA, which was given statutory recognition under the Companies Act, 2013 (the Act)
As per the information provided by Insolvency and Bankruptcy Board of India, in the years 2020-21 and 2021-22 (upto 31st December, 2021), 538 and 522 cases, respectively, have been admitted into the CIRP under the IBC 2016
Cases pertaining to Vijay Mallya, Nirav Modi and Mehul Choksi who have defrauded Public Sector banks by siphoning off the funds through their companies which resulted in total loss of Rs. 22,585.83 crore to the public sector banks.
As informed by the National Credit Guarantee Trustee Company Limited, the agency which operates the ECLGS, as on 11.3.2022, a total of 117.87 lakh businesses have been supported
ICAI on Tuesday announced a series of initiatives aimed at further enhancing its mission of being a true partner in nation-building, empowering students and upholding "Independence, Integrity and Excellence" of the Chartered Accountancy profession.
Income Tax Department conducts searches in a prominent Real Estate Group of North India
Online Correction Window is now available for CA Foundation, CA Intermediate (New), CA Final (New) May 2022 Exams.
The Government has taken a number of initiatives for providing financial assistance to the Micro, Small and Medium Enterprises (MSMEs) to cope with the financial impact of the COVID-19 pandemic, including access to working capital.
Pradhan Mantri Jeevan Jyoti Bima Yojana sees cumulative enrolment of 9,27,78,284 and Pradhan Mantri Suraksha Bima Yojana sees cumulative enrolment of 17,74,81,194
The Government had earlier extended this scheme upto 31.03.2022. Now, on the basis of the requests received from the stakeholders of the scheme, the Government has decided to further extend this scheme till 31.03.2023
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