MCA amends rules to allow Companies to comply with KYC norms
The Ministry of Corporate Affairs (MCA) has amended what is called the Rule 25A, to allow companies to make a filing about their directors and become compliant. The decision came in as a relief for companies that were marked ACTIVE non-compliant.
Ten more of GVK group’s entities under MCA lens
The companies include eight step-down subsidiaries of GVK group flagship GVK Power & Infrastr...
Amidst tussle with Adanis, GVK gets MCA notice after whistleblower complaint on fraud at MIAL
GVK group, a Hyderabad-based infra major, is ch...
Madras HC issues notice to SEBI, MCA, ED in NSE co-location case
According to the PIL, SEBI has not taken any effective steps to unearth the scam.
MCA looking to set minimum threshold for homebuyers initiating insolvency
Government is looking into setting a minimum threshold for homebuyers to be able to drag builders to NCLT.
SFIO asks India’s top law firms to disclose all information related to IL&FS
SFIO demands info for the past 10 years from top law firms who have reached out to IL&FS for its consent.
MCA notifies NCLT member posting rules
The rules also restrict members from being posted to locations where they have been posted in the past two years.
NSE to delist 9 companies from October 17
According to the National Stock Exchange (NSE), these nine companies are "under liquidation".
Indiabulls Housing drops 38%, logs worst-ever daily loss
There were only 5 instances, excluding Monday’s, when the scrip fell in double digits.
PwC India to challenge ED’s Rs 230-crore penalty
PwC would file an appeal at the tribunal level in the next few days that would challenge the basis on which ED has interpreted the law and levied the fine.
MCA summons Gautam Thapar, key CG Power executives
Former auditor asked to appear too; ministry officials inspect co’s headquarters.
Key things to know when incorporating a company
Thanks to the structural changes brought about by the GOI, incorporating a company has now become much easier and streamlined.
MCA panel moots CSR expenditure as tax-deductible
The committee has underlined that the CSR spending should be a board-driven process to provide innovative technology-based solutions for social problems.
MCA plans to make geotagging of CSR projects mandatory
The move comes after govt introduced penal provisions to deal with CSR violations.
CG Power Irregularities: Gautam Thapar joins probe, rejects allegations of unauthorised deals
Thapar was ousted from the chairmanship of the troubled CG Power and Industrial Solutions last week after alleged irregularities and unauthorised transactions surfaced.
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