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Tag "ministry of corporate affairs"

MCA extends deadline for registration of independent directors

MCA extends deadline for registration of independent directors

🕔16:46, 24.Jun 2020

New Delhi, June 24  The Ministry of Corporate Affairs (MCA) has extended the deadline for registration of independent directors on its online databank till September 30. The previous deadline was June 30. Referring to the extension of the timeline, a

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Donations by companies to PM-CARES Fund notified as CSR

Donations by companies to PM-CARES Fund notified as CSR

🕔16:06, 27.May 2020

New Delhi, May 27  Two months after it made the announcement, the Ministry of Corporate Affairs has finally notified that donations made by companies to the Prime Ministers Citizens Assistance and Relief in Emergency Situations Fund (PM-CARES Fund) will be

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Govt allows direct listing by Indian companies abroad

Govt allows direct listing by Indian companies abroad

🕔13:45, 17.May 2020

New Delhi, May 17  In yet another move towards fuller capital account convertibility, the government has thrown open the doors for Indian public companies to directly list their shares abroad and access a larger pool of capital. It has also

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Centre decriminalises minor violations under Companies Act

Centre decriminalises minor violations under Companies Act

🕔13:43, 17.May 2020

New Delhi, May 17 (IANS) In another set of reform measures announced on Sunday, Finance Minister Nirmala Sitharaman said minor technical and procedural defaults under the Companies Act will be decriminalised. The decriminalised violations include shortcomings in CSR reporting, inadequacies in

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MCA’s new scheme to reduce companies/LLPs’ compliance burden

MCA’s new scheme to reduce companies/LLPs’ compliance burden

🕔14:02, 31.Mar 2020

New Delhi, March 31  As part of the government’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

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National CSR Award For IndianOil

National CSR Award For IndianOil

🕔19:25, 29.Oct 2019

New Delhi, 29.10.2019: IndianOil won the National CSR Aaward instituted by the Ministry of Corporate Affairs, Government of India, under Women and Child Development category for its Assam Oil School of Nursing project at Digboi. The project covers 9 cities and

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CSR spend Rs 50k cr, must fund orphans & disabled: Kovind

CSR spend Rs 50k cr, must fund orphans & disabled: Kovind

🕔17:02, 29.Oct 2019

New Delhi, Oct 29 The corporate sector has spent Rs 10,000 crore every fiscal year since 2014-15 towards corporate social responsibility, President Ram Nath Kovind said on Tuesday, while asking companies to contribute more towards social welfare spending for orphans and

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MCA to look at new framework for credit rating agencies for strong corporate governance

MCA to look at new framework for credit rating agencies for strong corporate governance

🕔14:40, 9.Jun 2019

New Delhi, June 8 (IANS) The Ministry of Corporate Affairs is likely to take a relook at a new framework of credit rating agencies as a strong corporate governance structure is essential for a market economy, Corporate Affairs Secretary Injeti Srinivas

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BSE to delist over 220 firms from Wednesday

BSE to delist over 220 firms from Wednesday

🕔09:45, 4.Jul 2018

Mumbai, July 4  Stock exchange major BSE will delist over 220 firms from its platform from Wednesday. According to the BSE, stocks of 210 companies that have remained suspended for more than six months would be “delisted from the platforms

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CBDT, Ministry to exchange tax data of corporates

CBDT, Ministry to exchange tax data of corporates

🕔19:20, 14.Sep 2017

New Delhi, Sep 14 (IANS) Stepping up action against shell companies, the income tax department has signed an MoU with the Ministry of Corporate Affairs (MCA) for sharing of tax-related data of corporates — which will be used for further scrutiny

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Sebi initiates action against 331 suspected ‘shell companies’

Sebi initiates action against 331 suspected ‘shell companies’

🕔23:36, 8.Aug 2017

Mumbai, Aug 8 (IANS) Stock market regulator Sebi has asked major domestic equity indices to initiate action against 331 listed firms which are suspected of being “shell companies”. The development comes a day after the market regulator directed the two major

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