Companies get time till June 15 to submit ACTIVE form - MCA
Posted Date : 25-Apr-2019 , 08:49:14 am | Posted By CASANSAAR
The government has extended the deadline for uploading photos of business premises to June 15, giving corporates more time to comply with a provision aimed at spotting shell companies.
“It has been decided to extend the date to June 15,” confirmed a corporate affairs ministry of...
Continue Reading...
Category :
MCA |
Comments :
0 | Hits : 2298
|
 |
MCA plans to start gathering primary data from investors
Posted Date : 24-Apr-2019 , 09:28:29 am | Posted By CASANSAAR
The Ministry of Corporate Affairs plans to start gathering "primary data" from persons who have put in their money in chit funds and deposit-taking schemes, an official said April 23, amid continuing efforts to clamp down on illicit fundraising activities.
The Investor Education and Pro...
Continue Reading...
Category :
MCA |
Comments :
0 | Hits : 450
|
|
MCA withdraws memorandum that barred LLPs from manufacturing activities
Posted Date : 18-Apr-2019 , 11:33:03 am | Posted By CASANSAAR
The corporate affairs ministry has withdrawn its directions restricting Limited Liability Partnerships (LLPs) from engaging in manufacturing activities. Concerns were raised in various quarters about an office memorandum issued by the ministry earlier this month, wherein LLPs were restricted from ma...
Continue Reading...
Category :
MCA |
Comments :
0 | Hits : 618
|
|
MCA bars LLPs from manufacturing & allied services
Posted Date : 17-Apr-2019 , 10:03:55 am | Posted By CASANSAAR
Manufacturing & allied activities were restricted in LLPs vide OM No. CRC/LLP/e-Forms dated 06.03.2019. This OM invoking the restriction regarding manufacturing & allied activities has been withdrawn with immediate effect - MCA
...
Continue Reading...
Category :
MCA |
Comments :
0 | Hits : 740
|
|
MCA seeks more details from Companies to put a check on shell firms
Posted Date : 23-Feb-2019 , 11:03:11 am | Posted By CASANSAAR
Every company incorporated till December 31, 2017, has to disclose its particulars and registered office in a new return, a move aimed at tightening the noose around shell firms.
Experts say the move would increase the compliance burden on companies and be good for the economy in the long run.
...
Continue Reading...
Category :
MCA |
Comments :
0 | Hits : 355
|
|
MCA announces new verification e-form for newly-incorporated companies
Posted Date : 23-Feb-2019 , 10:52:50 am | Posted By CASANSAAR
The Ministry of Corporate Affairs (MCA) has rolled out a new e-form that must be filed by all companies incorporated on or before December 31, 2017.
According to a February 21 press note, the form is named ACTIVE (INC-22A), and is part of the ACTIVE (Active Company Tagging Identities and Verifica...
Continue Reading...
Category :
MCA |
Comments :
0 | Hits : 400
|
|
MCA Invites public comments to amend Competition Act
Posted Date : 20-Nov-2018 , 09:49:12 am | Posted By CASANSAAR
Ministry of Corporate Affairs
(Competition & NFRA Section)
Invitation for public comments on the Competition Act, 2002.
The Ministry of Corporate Affairs (MCA) constituted a Competition Law Review Committee to review the competition Act/Rules/Regulations in view of cha...
Continue Reading...
Category :
MCA |
Comments :
0 | Hits : 425
|
|
Competition law reforms to remove high entry barriers - MCA
Posted Date : 16-Oct-2018 , 07:39:11 am | Posted By CASANSAAR
The corporate affairs ministry Monday said the focus of further reforms will be on designing of competition law to remove high entry barriers and provide easy access for those suffering from anti-competitive conduct.
While addressing a 'roadshow on competition law', jointly organise...
Continue Reading...
Category :
MCA |
Comments :
0 | Hits : 511
|
|
MCA asks NCLT for exemptions to fix IL&FS problem faster
Posted Date : 09-Oct-2018 , 10:23:00 pm | Posted By CASANSAAR
The Ministry of Corporate Affairs (MCA) has requested the National Company Law Tribunal (NCLT) to relax rules for speedier resolution of the Infrastructure Leasing & Financial Services (IL&FS) debt crisis.
However, the NCLT judge observed that the Companies Act does not permit an exemptio...
Continue Reading...
Category :
MCA |
Comments :
0 | Hits : 1024
|
|
MCA notifies issue & transfer of all shares in dematerialised form only by all unlisted Public companies
Posted Date : 11-Sep-2018 , 10:06:41 am | Posted By CASANSAAR
The Ministry of Corporate Affairs (MCA) has notified that with effect from 2nd October, 2018, issue of further shares and transfer of all shares by unlisted public companies shall be in dematerialised form only. The MCA has taken this step as a measure for further enhancing transparency, investor pr...
Continue Reading...
Category :
MCA |
Comments :
0 | Hits : 580
|
|
Arun Jaitley resumes charge of finance and corporate affairs ministries
Posted Date : 24-Aug-2018 , 04:19:55 pm | Posted By CASANSAAR
President Ram Nath Kovind reassigned the portfolios of Finance and Corporate Affairs to Union minister Arun Jaitley on Thursday. A press statement released from the Rashtrapati Bhavan said that the President, "advised by the Prime Minister" and has directed that the portfolios be assigned ...
Continue Reading...
Category :
MCA |
Comments :
0 | Hits : 687
|
|
MCA seeks clarifications from Jet Airways Auditors on results announcement
Posted Date : 23-Aug-2018 , 08:22:57 am | Posted By CASANSAAR
The Ministry of Corporate Affairs is seeking clarifications from the auditors of Jet Airways on the airline deferring announcement of its June quarter results, sources said.
The board of crisis-hit Jet Airways -- which is working on ways to reduce costs amid financial woes -- on August 9 de...
Continue Reading...
Category :
MCA |
Comments :
0 | Hits : 806
|
|
MCA wins SC backing in disqualified directors’ case
Posted Date : 08-Aug-2018 , 02:47:18 am | Posted By CASANSAAR
The ministry of corporate affairs (MCA) has received the Supreme Court’s backing against 300,000 disqualified directors for their failure to file financial statements and annual returns for three consecutive years. The apex court on Monday admitted a special leave petition of MCA and stayed a ...
Continue Reading...
Category :
MCA |
Comments :
0 | Hits : 1258
|
|
MCA ordered inquiry in 87 real estate companies in 2017-18
Posted Date : 03-Aug-2018 , 10:22:29 pm | Posted By CASANSAAR
Union Minister of State for Law & Justice and Corporate Affairs Shri P.P. Chaudhary said in Lok Sabha today that during the year 2017-18 and till 30.06.2018, the Ministry of Corporate Affairs has ordered inquiry in 87 companies, inspection of books and papers in 17 companies and investigati...
Continue Reading...
Category :
MCA |
Comments :
0 | Hits : 384
|
|
Only 66 per cent of registered companies are active - MCA
Posted Date : 30-Jul-2018 , 08:51:02 am | Posted By CASANSAAR
Nearly 66 per cent of 17.79 lakh companies registered in the country were active at the end of June, official data showed amid the government continuing its clampdown on shell entities. Latest data from the corporate affairs ministry showed that there were more than 11.89 lakh active companies as on...
Continue Reading...
Category :
MCA |
Comments :
0 | Hits : 679
|
|
MCA invites applications from Chartered Accountants having 2 to 5 years of experience
Posted Date : 20-Jul-2018 , 08:17:35 am | Posted By CASANSAAR
Ministry of Corporate Affairs (MCA) invites applications from Chartered Accountants (CAs) having 2 to 5 years of post-qualification experience as Consultant in the MCA Offices located all over India. – (19-07-2018)
Announcement
Ministry of Corporate Affairs (MCA) invites applications fro...
Continue Reading...
Category :
MCA |
Comments :
0 | Hits : 2220
|
|
MCA panel may offer penal relief for some offences
Posted Date : 17-Jul-2018 , 09:18:00 am | Posted By CASANSAAR
The government is looking to decriminalise some of the offences in the Companies Act of 2013 so that courts are freed of these cases to focus on more important ones.
The ministry of corporate affairs (MCA) has set up a 10-member committee to review the penal provisions in the Act.
...
Continue Reading...
Category :
MCA |
Comments :
0 | Hits : 717
|
|
MCA has constituted a 10-Member Committee to review the offences under the Companies Act, 2013
Posted Date : 15-Jul-2018 , 06:52:49 pm | Posted By CASANSAAR
The Ministry of Corporate Affairs (MCA) has constituted a 10 Member Committee, headed by the Secretary of Ministry of Corporate Affairs, for review of the penal provisions in the Companies Act, 2013 may be setup to examine ‘de-criminalisation’ of certain offences.
The MCA seeks to revie...
Continue Reading...
Category :
MCA |
Comments :
0 | Hits : 718
|
|
DIR-3 KYC will be available on MCA21 wef 14th July 2018
Posted Date : 12-Jul-2018 , 10:03:37 pm | Posted By CASANSAAR
DIR-3 KYC will be available on MCA21 Company Forms Download page w.e.f 14th July 2018 for filing purposes. Stakeholders are advised to plan accordingly.
#casansaar (Source - MCA Website)
...
Continue Reading...
Category :
MCA |
Comments :
0 | Hits : 540
|
|
MCA plans to frame tougher regulations for independent directors
Posted Date : 04-Jul-2018 , 09:37:35 am | Posted By CASANSAAR
The corporate affairs ministry is planning to frame rules to make independent directors more accountable for malpractice. Besides, it is also mulling action against 42 auditors that have resigned from companies.
According to a ministry official, an independent director cannot say he does not appr...
Continue Reading...
Category :
MCA |
Comments :
0 | Hits : 612
|
|
MCA probing 22 listed companies for misusing funds raised via IPOs
Posted Date : 27-Jun-2018 , 09:51:07 am | Posted By CASANSAAR
The Ministry of Corporate Affairs (MCA) is probing 22 listed companies for suspected misuse of funds raised through initial public offerings. In addition, the MCA is also reviewing its mechanism for monitoring initial public offerings. The firms under the MCA scanner are mainly those which have defa...
Continue Reading...
Category :
MCA |
Comments :
0 | Hits : 608
|
|
MCA invites comments from stakeholders on introductory note and draft on Cross-Border Insolvency
Posted Date : 20-Jun-2018 , 09:41:40 pm | Posted By CASANSAAR
The Ministry of Corporate Affairs (MCA), Government of India, invites comments and views from stakeholders on introductory note and draft on ‘Cross-Border Insolvency. The MCA is keen to introduce a globally accepted and well-recognised cross-border insolvency framework, fine-tuned to suit the ne...
Continue Reading...
Category :
MCA |
Comments :
0 | Hits : 498
|
|
MCA probing 42 listed companies for Financial Irregularities as auditors quit
Posted Date : 16-Jun-2018 , 07:31:24 pm | Posted By CASANSAAR
The Ministry of Corporate Affairs (MCA) has asked western regional directors of the Registrar of Companies (RoC) to investigate 42 listed companies whose auditors resigned abruptly by May-end. The probe will focus on finding whether there were any financial irregularities at the firms along with asc...
Continue Reading...
Category :
MCA |
Comments :
0 | Hits : 924
|
|
Companies linked to ICICI Bank controversy come under MCA lens
Posted Date : 08-Jun-2018 , 05:35:37 pm | Posted By CASANSAAR
The Ministry of Corporate Affairs (MCA) is looking into companies involved in the ICICI Bank controversy of alleged conflict of interest in bank chief Chanda Kochhar's dealings with certain borrowers, according to a senior official.
The official also said the affairs of ICICI Bank are not bei...
Continue Reading...
Category :
MCA |
Comments :
0 | Hits : 543
|
|
MCA zeroes in on 225,000 more suspected shell companies
Posted Date : 21-Apr-2018 , 08:53:17 am | Posted By CASANSAAR
The government is intensifying its drive against shell companies. After taking action against 226,000 shell companies last year, the Ministry of Corporate Affairs has now zeroed in on another 225,000 suspected shell companies. The ministry has sent notices to these companies, asking whether they had...
Continue Reading...
Category :
MCA |
Comments :
0 | Hits : 3172
|
|
MCA to monitor CSR compliance in a centralised manner
Posted Date : 06-Apr-2018 , 10:48:10 am | Posted By CASANSAAR
The Ministry of Corporate Affairs has decided to put in place a centralised system to keep a tab on entities' compliance with CSR obligations under the companies law, according to sources.
The move comes against the backdrop of rising instances of non-compliance with Corporate Social Responsi...
Continue Reading...
Category :
MCA |
Comments :
0 | Hits : 504
|
|
MCA has filed prosecution against 780 listed companies under various sections of Companies Act, 2013
Posted Date : 25-Mar-2018 , 10:00:28 am | Posted By CASANSAAR
The Government has taken any steps against listed companies which are not functioning. Ministry of Corporate Affairs (MCA) has filed prosecution against 780 listed companies under various sections of Companies Act, 2013 due to non-filing of Financial Statements and Annual Returns.
As on 31st Dece...
Continue Reading...
Category :
MCA |
Comments :
0 | Hits : 559
|
|
Govt tightens screws on assets owned by deregistered companies
Posted Date : 27-Oct-2017 , 07:54:09 am | Posted By CASANSAAR
The corporate affairs ministry asked states to complete identification of properties owned by deregistered companies at the earliest and ensure district administrations prevent transactions in those assets.
Amid intensifying efforts to fight the black money menace, the ministry has also urged the...
Continue Reading...
Category :
MCA |
Comments :
0 | Hits : 399
|
|
List Of Disqualified Directors U/S 164 (2)(A) - MCA
Posted Date : 19-Sep-2017 , 08:50:51 am | Posted By CASANSAAR
MCA Released the List of Directors Disqualified u/s 164 (2)(A)
Please click on the desired RoC to view the list of Disqualified Directors.
RoC Ahmedabad
RoC Bangalore
RoC Chandigarh
RoC Chennai
RoC Chhattisgarh
RoC Coimbatore
RoC Cuttack
RoC Delhi
RoC Ernakulam
RoC...
Continue Reading...
Category :
MCA |
Comments :
0 | Hits : 3272
|
|
HUF cannot be a partner but its karta or any individual of HUF can be a partner in a partnership firm - MCA
Posted Date : 24-Jun-2016 , 08:59:50 am | Posted By CASANSAAR
Clarification that HUF cannot be a partner but its karta or any individual of HUF can be a partner in a partnership firm in its individual capacity and not the HUF.
...
Continue Reading...
Category :
MCA |
Comments :
0 | Hits : 1040
|
|
|
