CAclubindia News

3,82,875 number of Companies struck off in three years up to FY 2020

09 March 2021 at 17:13

Shri Anurag Singh Thakur stated that SEBI had received a list of 331 shell companies from MCA along with a letter of SFIO which contained the database of shell companies along with their inputs, for initiating necessary action.

Posted in Corporate Law | 1272 Views

Action initiated to control fraudulent companies

09 March 2021 at 17:12

The term 'Fraudulent Company' is not defined in the Companies Act, 2013. However, Ministry of Corporate Affairs (MCA) through the Registrar of Companies (ROC) CRC at Manesar registers new companies by following due process of law.

Posted in Corporate Law | 1653 Views

Over 1,10,019 loans extended since launch of Stand up India scheme since its inception

09 March 2021 at 17:04

Over 1,10,019 loans have been extended since the launch of 'Stand up India' scheme as on 31.01.2021 since its inception and beneficiaries can get a loan of Rs. 10 lakh to Rs. 1 crore to start or increase their business.

Posted in Others | 942 Views

GST compensation shortfall released to States reaches Rs.1.06 lakh crore

09 March 2021 at 17:02

19th Instalment of Rs. 2,104 crore released to the States on Monday, 08th March 2021. 96 per cent of the estimated shortfall of Rs.1.10 lakh crore released.

Posted in GST | 1434 Views

Financial aid to states to meet GST compensation

09 March 2021 at 17:02

In order to meet the shortfall in Goods and Services Tax (GST) compensation to be paid to States, the Government of India had set up a special borrowing window in October, 2020 to raise the estimated shortfall of Rs. 1.1 lakh crore.

Posted in GST | 1587 Views

Sub-Committee of Insolvency Law Committee recommended IBC pre-pack framework

09 March 2021 at 05:36

The Government constituted a sub-committee of ILC vide order dated 24th June, 2020 under the chairmanship of Dr. M. S. Sahoo, Chairperson, IBBI to make recommendation on PPIRP.

Posted in Others | 1587 Views

IBBI gives approval to 317 companies resolution plans

09 March 2021 at 05:32

As per information provided by Insolvency and Bankruptcy Board of India (IBBI), the Regulator, as on 31.12.2020, in 317 cases resolution plans have been approved and 1126 cases have been ordered for liquidation.

Posted in Others | 1539 Views

Udyam registration further simplified

09 March 2021 at 05:30

A notification has been issued by the Ministry of MSME on 05.03.2021 to align the mandatory requirement for filing Udyam Registration with those for filing GST Returns, in the interest of those enterprises that are exempted from filing returns.

Posted in Corporate Law | 15936 Views

MCA | Filling up of Executive Director to Dy. General Manager level posts in NFRA at New Delhi

09 March 2021 at 05:27

Filling up of Executive Director to Dy. General Manager level Posts in NFRA at New Delhi on Deputation / Short term Contract basis. Official notification together with the details of the vacancy have been listed here.

Posted in Corporate Law | 1245 Views

MCA | Filling up of posts of AGM and below in NFRA at New Delhi

09 March 2021 at 05:26

Filling up of posts of AGM and below in NFRA at New Delhi on Deputation / Short term Contract basis. Official notification together with the details of the vacancy have been listed here.

Posted in Corporate Law | 1395 Views