-
Posted Date : 10-Mar-2024 , 07:49:41 am | Posted By CASANSAAR
In a relief to India Inc, the Ministry of Corporate Affairs (MCA) has raised the threshold limit for mergers and amalgamations (M&As) that need approval of the Competition Commission of India (CCI). In its latest notification, the MCA has enhanced the threshold value by 150 per cent on the ba...
Continue Reading... Category : MCA | Comments : 0 | Hits : 316
-
Posted Date : 28-Oct-2023 , 08:00:07 am | Posted By CASANSAAR
The Ministry of Corporate Affairs (MCA) will soon open its Central Processing Centre (CPC) for processing of forms related to all compliances for companies. This is aimed to free up capacity at the offices of Regional Directors and Registrar of Companies to deal with enforcement matters, of...
Continue Reading... Category : MCA | Comments : 0 | Hits : 501
-
Posted Date : 16-Aug-2023 , 09:13:22 am | Posted By CASANSAAR
The ministry of corporate affairs in India has granted 1,270 requests from professional associations - including company secretaries and chartered accountants - to deactivate or merge duplicated user IDs in the first month of permitting the move. The move was to allow such professionals to ...
Continue Reading... Category : MCA | Comments : 0 | Hits : 434
-
Posted Date : 21-Jun-2023 , 09:37:45 pm | Posted By CASANSAAR
The Ministry of Corporate Affairs has already struck off hundreds of thousands of shell companies that are often used to funnel black money, the report said quoting sources in the know The Ministry of Corporate Affairs (MCA) is planning to further intensify its crackdown against non-functional (s...
Continue Reading... Category : MCA | Comments : 0 | Hits : 1026
-
Posted Date : 20-Jun-2023 , 09:02:49 am | Posted By CASANSAAR
With the critical Corporate Affairs Ministry portal, MCA-21, still ridden with glitches, hampering everything from registration of new firms to routine filings by existing firms, the Ministry has decided to hold parleys on the challenges faced by industry. “Stakeholders’ consultations...
Continue Reading... Category : MCA | Comments : 0 | Hits : 323
-
Posted Date : 22-Feb-2023 , 09:57:01 am | Posted By CASANSAAR
Due to migration of MCA21 portal from Version 2 to Version 3.0 and change in way of filing in Version-3 and based on the request of Stakeholders, Ministry of Corporate Affairs (MCA) has decided vide General Circular 05/2023 to allow further additional time till 31.03.2023 for filing of 45 forms laun...
Continue Reading... Category : MCA | Comments : 0 | Hits : 638
-
Posted Date : 11-Aug-2021 , 10:26:10 am | Posted By CASANSAAR
In order to bring in greater transparency in reporting of financial statements, the Ministry of Corporate Affairs (MCA) vide notification dated 24.03.2021 has amended the Schedule III to the Companies Act, 2013 effective from 01st April, 2021 to mandate various disclosures by companies in their fina...
Continue Reading... Category : MCA | Comments : 0 | Hits : 12649
-
Posted Date : 04-Aug-2021 , 07:08:28 am | Posted By CASANSAAR
There is no definition of the term “Shell Company” in the Companies Act. It normally refers to a company without active business operation or significant assets, which in some cases are used for illegal purpose such as tax evasion, money laundering, obscuring ownership, benami properties...
Continue Reading... Category : MCA | Comments : 0 | Hits : 12087
-
Posted Date : 17-Jun-2021 , 09:36:38 am | Posted By CASANSAAR
The Ministry of Corporate Affairs has issued a notification to allow board meetings through video conferencing for activities that were earlier restricted for the digital medium, in a move that will ease the burden on companies to hold physical meetings even beyond the pandemic. Some of the activ...
Continue Reading... Category : MCA | Comments : 0 | Hits : 860
-
Posted Date : 25-May-2021 , 09:39:30 am | Posted By CASANSAAR
The ministry of corporate affairs on Monday revamped its IT interface with businesses to offer virtual public consultation facility and from October onwards, allow e-adjudication of Companies Act violations. The e-consultation platform under the interface called ‘MCA 21 version 3’ all...
Continue Reading... Category : MCA | Comments : 0 | Hits : 454
-
Posted Date : 10-Mar-2021 , 08:59:23 am | Posted By CASANSAAR
Based on non-filing of Financial Statements (FS) consecutively for two years or more, “Shell Companies” were identified and after following due process of law as provided under Section 248 of the Act, 2013 read with the Companies (Removal of Names of Companies from the Reg...
Continue Reading... Category : MCA | Comments : 0 | Hits : 479
-
Posted Date : 09-Mar-2021 , 09:19:03 am | Posted By CASANSAAR
The Ministry of Corporate Affairs (MCA) administers the Companies Act, 2013 (the Act), Limited Liability Partnership Act, 2008 and Insolvency and Bankruptcy Code, 2016. There is no provision for weeding out the Companies in the Act. This was stated by Shri Anurag Singh Thakur, Union Ministe...
Continue Reading... Category : MCA | Comments : 0 | Hits : 430
-
Posted Date : 26-Feb-2021 , 08:03:35 am | Posted By CASANSAAR
Under the amended Companies Act, 2013 and the Nidhi Rules, 2014, companies need to get themselves updated (those companies which were earlier declared as Nidhi company under the Companies Act, 1956) or declared as Nidhi company (those companies which were incorporated as Nidhi company after 01.04.20...
Continue Reading... Category : MCA | Comments : 0 | Hits : 237
-
Posted Date : 26-Feb-2021 , 07:39:03 am | Posted By CASANSAAR
The Ministry of Corporate Affairs and Central Board of Indirect Taxes and Customs today signed a Memorandum of Understanding in New Delhi for data exchange between the two organisations. It is in line with the vision of both organisations to harness data capabilities to ensure effective enf...
Continue Reading... Category : MCA | Comments : 0 | Hits : 371
-
Posted Date : 19-Feb-2021 , 07:20:58 am | Posted By CASANSAAR
The Ministry of Corporate Affairs has extended the rules relating to significant beneficial ownership to limited liability partnerships. For companies, the requirement was first notified in January 2018. In a website notification, the ministry has asked designated partners in LLPs to be rea...
Continue Reading... Category : MCA | Comments : 0 | Hits : 676
-
Posted Date : 04-Feb-2021 , 08:06:31 am | Posted By CASANSAAR
As a measure which directly benefits Startups & Innovators in the country, especially those who are supplying products & services on e-commerce platforms, and in order to bring in more unincorporated businesses into the organized corporate sector, the incorporation of One Person Companies (O...
Continue Reading... Category : MCA | Comments : 0 | Hits : 492
-
Posted Date : 21-Dec-2020 , 10:08:52 am | Posted By CASANSAAR
In further relief to independent directors, the ministry of corporate affairs (MCA) relaxed both the requirements and timelines for the online self-assessment proficiency test such directors must take under the amended Companies (Appointment and Qualification of Directors) Rules, 2014. Move to en...
Continue Reading... Category : MCA | Comments : 0 | Hits : 646
-
Posted Date : 20-Sep-2020 , 10:40:22 am | Posted By CASANSAAR
The Ministry of Corporate Affairs (MCA) has notified and deployed a web-form namely ‘SPICe+’ (pronounced SPICe Plus) vide notification no. GSR 128 dated 18.02.2020 (effective from 23.02.2020) as a part of Government of India’s Ease of Doing Business (EODB) initiatives. This w...
Continue Reading... Category : MCA | Comments : 0 | Hits : 273
-
Posted Date : 28-May-2020 , 08:45:18 am | Posted By CASANSAAR
The government has made the Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) eligible to receive contributions from corporate social responsibility (CSR) corpuses of corporates. The Ministry of Corporate Affairs (MCA) has allowed the CSR contributi...
Continue Reading... Category : MCA | Comments : 0 | Hits : 235
-
Posted Date : 26-May-2020 , 10:05:14 am | Posted By CASANSAAR
In a relief to the Ministry of Corporate Affairs (MCA), the National Company Law Appellate Tribunal (NCLAT) set aside an order of the Principal Bench of the National Company Law Tribunal (NCLT) which had directed that the MCA be made a party in all cases filed under the Section 7, 9, and 10 of the I...
Continue Reading... Category : MCA | Comments : 0 | Hits : 730
-
Posted Date : 22-May-2020 , 09:38:15 am | Posted By CASANSAAR
The ministry of corporate affairs (MCA) further extended the expiration of names reserved for company incorporation by 20 days from May 31 for those reserved names that were expiring between May 15-31. Similarly, the expiration of names reserved for change of name by existing companies was extend...
Continue Reading... Category : MCA | Comments : 0 | Hits : 251
-
Posted Date : 06-May-2020 , 09:33:16 am | Posted By CASANSAAR
Ministry of Corporate Affairs has allowed companies to hold Annual General Meetings (AGMs) through Video Conference or other audio visual means. The decision has been taken on account of need for continuous adherence to the social distancing norms and restrictions placed on movement of persons in th...
Continue Reading... Category : MCA | Comments : 0 | Hits : 469
-
Posted Date : 24-Apr-2020 , 10:55:47 am | Posted By CASANSAAR
MCA extends period for filing of names for companies and re-submission of forms....
Continue Reading... Category : MCA | Comments : 0 | Hits : 289
-
Posted Date : 04-Apr-2020 , 11:16:37 am | Posted By CASANSAAR
The ministry of corporate affairs will take a leaf out of the Income Tax department’s book to offer faceless adjudication of specified company law offences to enable social distancing as well as eliminate bureaucratic discretion. The ministry will upgrade its online services to companies of...
Continue Reading... Category : MCA | Comments : 0 | Hits : 296
-
Posted Date : 02-Apr-2020 , 11:21:00 am | Posted By CASANSAAR
Provides six-month window for firms to become ‘ACTIVE Compliant’ Close on the heels of introducing a ‘fresh start scheme’, the Ministry of Corporate Affairs (MCA) has given a one-time opportunity for ‘ACTIVE non-compliant’ companies to become compliant without ...
Continue Reading... Category : MCA | Comments : 0 | Hits : 1619
-
Posted Date : 31-Mar-2020 , 10:15:58 am | Posted By CASANSAAR
In pursuance of the Government of India’s efforts to provide relief to law abiding companies and Limited Liability Partnerships (LLPs) in the wake of COVID 19, the Ministry of Corporate Affairs, has introduced the “Companies Fresh Start Scheme, 2020” and revised the “LLP Sett...
Continue Reading... Category : MCA | Comments : 0 | Hits : 879
-
Posted Date : 29-Feb-2020 , 08:31:37 am | Posted By CASANSAAR
In response to requests received from various quarters and stakeholders, the Ministry has decided to extend the last date for submission of public comments on the “consultation paper on enhancement of Audit Independence and Accountability” upto 15th March, 2020. It is requ...
Continue Reading... Category : MCA | Comments : 0 | Hits : 300
-
Posted Date : 19-Feb-2020 , 09:25:10 am | Posted By CASANSAAR
MCA Circular regarding Filing of forms in the Registry (MCA-21) by the Insolvency Professional (Interim Resolution Professional (IRP) or Resolution Professional (RP) or Liquidator) appointed under Insolvency Bankruptcy Code, 2016 (IBC, 2016). Watch This Video,,,, https://youtu.be/MRzpTTrDzQ4...
Continue Reading... Category : MCA | Comments : 0 | Hits : 537
-
Posted Date : 18-Feb-2020 , 10:06:36 am | Posted By CASANSAAR
Drawing lessons from the alleged role of auditors and their failure to flag irregularities at companies such as Infrastructure Leasing & Financial Services (IL&FS), the Ministry of Corporate Affairs (MCA) has floated a consultation paper seeking industry comments on various aspects of auditi...
Continue Reading... Category : MCA | Comments : 1 | Hits : 706
-
Posted Date : 10-Feb-2020 , 10:22:13 am | Posted By CASANSAAR
The government has sought opinion on restricting the number of audits by an audit firm and its partners following concerns in a number of cases. Some of the proposals could have a major impact on the Big Four. The Ministry of Corporate Affairs (MCA) has put out a paper seeking suggestions on issu...
Continue Reading... Category : MCA | Comments : 0 | Hits : 904
- Income Tax Dept serves notices to salaried individuals for documentary proof to claim exemptions
- Bank Branch Audit 2021 - Update on allotment of Branches
- Bank Branch Audit 2020 Updates
- Bank Branch Audit 2021 Updates
- Bank Branch Audit 2020 - Update on Allotment of Branches
- Police Atrocities towards CA in Faridabad - Its Time to be Unite
- Bank Branch Statutory Audit Updates 2019
- Bank Branch Statutory Audit Updates
- Bank Branch Audit 2022 Updates
- Bank Branch Statutory Audit Updates
- NFRA Imposes Monetary penalty of Rs 1 Crore on M/s Dhiraj & Dheeraj
- ICAI notifies earlier announced CA exam dates despite pending legal challenge before SC
- NFRA debars Auditors, imposes Rs 50 lakh penalties for lapses in Brightcom, CMIL cases
- GST Important Update - Enhancement in the GST Portal
- NFRA Slaps Rs 5 lakh Penalty on Audit Firm for lapses in Vikas WSP Audit Case
- CBDT extends due date for filing Form 10A/10AB upto 30th June, 2024
- RBI comes out with FEMA regulations for direct listing on international exchange
- RBI directs payment firms to track high-value, fishy transactions during elections
- NCLT orders insolvency proceedings against Subhash Chandra
- Income Tax dept starts drive to dispose of appeals, 0.54 million at last count
- Payment of MCA fees –electronic mode-regarding
- Budget '11-12' Parliament Completes Approval Exercise
- Satyam restrained from operating its accounts
- ICICI a foreign firm, subject to FDI norms: Govt
- Maha expects Rs 15 crore entertainment tax revenue from IPL
- CAG blames PMO for not acting against Kalmadi
- No service tax on visa facilitators: CBEC
- Provision of 15-minutes reading and planning time allowance to the candidates of Chartered Accountants Examinations
- Companies Bill to be taken up in Monsoon Session
- File Service Tax Return in time as Maximum Penalty increased 10 times to Rs. 20000
Mca(Ministry Of Company Affairs)News on Company Forms,Mca 21,Ca,Company Incorporation,Mca News,Company Date,Formation,Companies Act,cajob at Casansaar
