Shell companies under our radar: CBDT chief
The Central Board of Direct Taxes (CBDT) is examining several dubious companies and they would be removed from the website of Ministry of Corporate Affairs (MCA) if found to be shell firms.
Mar 04, 2017, 12:48 PM IST
Ex-bureaucrat BK Bansal's suicide note alleges harassment, torture by CBI officials, probe on
The suicide notes written by BK Bansal contain allegations against certain CBI officials in connection with the on-going bribery investigation against him and his family.
Sep 28, 2016, 18:36 PM IST
After wife and daughter, graft-accused BK Bansal and his son commit suicide at Delhi residence
BK Bansal, who was the Director General of Corporate Affairs, was arrested by the Central Bureau of Investigation in July on alleged charges of bribery.
Sep 27, 2016, 11:18 AM IST
Government to set up special court for all NSEL cases
Government Sunday decided to set up a special court to hear all NSEL related cases on a priority basis while also asked the Enforcement Directorate to expedite action to recover Rs 3,721 crore from defaulters, and regulator Sebi to complete probe of brokers at the earliest.
Jul 24, 2016, 16:09 PM IST
MCA regional directors get more powers under companies law
To reduce procedural requirements, the Ministry of Corporate Affairs (MCA) has given more powers to its regional directors with respect to scrutinising firms suspected of violating companies law.
May 08, 2016, 11:58 AM IST
MCA fixes debt to capital, free reserves ratio for certain cos
Ministry of Corporate Affairs has notified the debt to capital and free reserves ratio for government companies that are into housing finance activities.
Mar 23, 2016, 18:06 PM IST
Govt relaxes requirements in annual returns form under Cos Act
Easing procedural requirements, the government has made changes in the annual returns form that is to be submitted by corporates under the Companies Act.
Nov 19, 2015, 21:28 PM IST
Companies to undergo tougher screening for loan approval from banks, financial institution
Looking at the high non-performing -assets of banks and financial institutions, government has made the loan approval norms for companies more stringent.
Oct 26, 2015, 09:41 AM IST
MCA asks companies to submit annual filings on time
To ensure that there is no last-minute congestion on its e-filing portal, the Ministry of Corporate Affairs (MCA) has asked companies to submit their financial statements and annual returns at the earliest.
Oct 02, 2015, 19:21 PM IST
Companies law committee receives over 2,000 suggestions
Government's high-level panel, set up to address issues related to the new companies law, has received over 2,000 suggestions from stakeholders and expects to finalise its report by December end.
Sep 27, 2015, 11:35 AM IST
Tapan Ray assumes office as Corporate Affairs Secretary
Tapan Ray Monday took charge as Corporate Affairs Secretary, replacing Anjuly Chib Duggal who assumed office as Financial Services Secretary.
Aug 31, 2015, 21:02 PM IST
Companies get more time for filing annual returns with MCA
Under the Companies Act, 2013, form AOC-4, AOC-4 XBRL are for filing of financial statements while MGT-7 pertains to submitting annual returns to the Ministry.
Jul 15, 2015, 18:06 PM IST
Govt notifies amendments to Companies Act
The government has notified amendments to the Companies Act, which makes it easier to do business and provides for stricter penalties for fraud cases.
May 27, 2015, 21:01 PM IST
United Spirits gets MCA, I-T Dept notices to inspect books
USL said its Board has asked MD and CEO Anand Kripalu to further probe "possible existence of any other transaction of a similar nature" with certain "additional parties", in which the probe had raised concerns.
May 27, 2015, 15:15 PM IST
CCI begins hunt for new Director General
Fair trade regulator Competition Commission has started the search for new Director General to head its investigation wing.
May 25, 2015, 22:44 PM IST
Companies Law changes to improve ease of doing biz: ICAI
The fresh amendments to the Companies Law will go a long way in improving ease of doing business, chartered accountants' apex body ICAI has said.
May 14, 2015, 12:47 PM IST
Rajya Sabha approves changes in Companies Act to improve biz climate
As many as 16 amendments were made to the Companies Act of 2013 which mainly deal with winding up of companies.
May 13, 2015, 15:10 PM IST
Govt extends deadline for insuring deposits taken by companies
The government has extended the deadline for corporates to comply with norms to insure deposits taken by them in the absence of appropriate insurance products.
Apr 01, 2015, 20:17 PM IST
More companies get women directors; non-compliant ones to face music
More than 50 companies including Adani Enterprises today announced the appointment of women directors, even as many others including some state-run giants lagged behind to get a female member on their board to comply with a new regulatory requirement.
Apr 01, 2015, 17:50 PM IST
Over 250 companies appoint women directors to meet norm on last day
Waking up at the last moment, over 250 companies including Adani Power, Adani Ports, Essar Oil and GVK Power on Tuesday appointed women directors to meet the Sebi deadline of midnight tonight for having at least one female member on their boards.
Mar 31, 2015, 22:30 PM IST
