Page 2 - Mca

Regional rural banks merger unlikely to happen in current financial year

The exemption dispensation from prior scrutiny and approval of CCI would be available for five years, the Corporate Affairs Ministry (MCA) said

Corporate Affairs ministry examines Sebi's allegations against Zee Ent

However, the MCA has not issued an inspection order, the report added

MCA considering easing moratorium rules in IBC for certain sectors

Section 14 of the IBC declares a moratorium on proceedings, transfer or disposal of any of the assets of the company from the date of commencement of its insolvency

Corp affairs sec to hold stakeholders' consultations on MCA21 portal issues

The Ministry of Corporate Affairs will hold consultations with stakeholders on issues related to MCA21 portal in Chennai and Hyderabad next week. The move comes amid stakeholders facing various issues with respect to the portal, which is the key platform for submitting statutory filings under the companies law. In a series of tweets on Sunday, the ministry said the secretary will hold consultations with stakeholders in Chennai on June 20 and in Hyderabad on June 21. "Secretary @MCA21India will hold stakeholders' consultations, along with the team of @LTIMindtreeOFCL @theicai and @icsi_cs at Chennai on 20th June and at Hyderabad on 21st June on the issues relating to the MCA-21 Version-3 Portal. @nsitharamanoffc," it said in a tweet. Manoj Govil is the corporate affairs secretary. Filings under the companies law and the limited liability partnership law are submitted to the ministry through the MCA21 portal.

Right to Repair: how to access it, what it covers, and consumer benefits

Everything you need to know about the MCA's new portal Right to Repair and how it can increase the shelf life of your electronic devices

MCA portal sees 20 times increase in number of authenticated users

A key feature of the portal is to identify the transactions by linking each user ID with PAN number

Govt extends deadline to apply for CCI chief's post till March 27

The Ministry of Corporate Affairs (MCA) has extended the deadline for submitting applications for the post of Chairperson of the Competition Commission of India (CCI) till March 27. Earlier, the deadline to submit the applications was March 9. The last date for receipt of application has been extended up to 27th March 2023, according to a notice issued by the MCA on Monday. "The candidates who had applied earlier in response to the previous advertisement/ vacancy circular dated 26th July, 2022 inviting applications for the post of Chairperson need not apply," the notice said. Last month, the government had invited applications for the post of Chairperson of the fair-trade regulator. The post has been lying vacant since October 25. Sangeeta Verma, a CCI member, has been the acting chairperson since October last year. Recently, her tenure was extended by the central government for three months. CCI keeps a tab on anti-competitive practices across sectors in the market place and al

Centre invites Big Tech, start-ups to discuss digital competition law

Big Tech companies have been asked to come separately on March 11 to make suggestions on the digital competition law

RoC to check GoMechanic's books amid allegations of irregularities: Report

According to the Companies Act, Section 264 (4), the RoC has the authority to conduct an inquiry into the affairs of a company in line with directions from the Ministry of Corporate Affairs (MCA)

Simplified filings: RoC approval not required for most corporate actions

The govt has introduced a new system called "file and forget," which is part of its ongoing revamp of the statutory filing website, MCA21

As MCA updates its portal, companies unable to complete essential filings

Market experts said, several of these companies were already in violation of the filing rules due to their inability to submit certain forms, thanks to the portal issues

Changes to Competition Amendment Bill likely next week in Budget session

The panel had said that the MCA had not put forth a strong argument as to why IPR could not be used as a defence against the abuse of a dominant position

Matter of pride govt institute competing with private institutes: K'taka CM

On the occasion, a new logo of the MCA, a memoir and a special postal cover were unveiled

MCA concludes demerger hearing of Shipping Corp, may approve soon: Sources

The move could expedite the Centre's stake sale plan for the national carrier

Top headlines: Adani to build plants in SL, active Indian firms near 1.5 mn

Business Standard brings you the top headlines this hour

Sobering reality: Three liquor firms served notices for surrogate ads

In its warning, the MCA had said that "during recent sports events that were televised globally", many instances of surrogate advertising had been noticed

Glitches in MCA portal: CAs, CS seek extension in annual filing deadline

They were protesting against glitches in the MCA portal

Ministry of Corporate Affairs nominates two directors on board of IL&FS

The Ministry of Corporate Affairs (MCA) has nominated two directors -- G Mahalingam and Deepak Mohanty -- on the board of IL&FS. The appointment of these two directors has been approved by both the MCA and National Company Law Tribunal. When contacted, IL&FS confirmed their induction on the board effective October 15, 2022. Both Mahalingam and Mohanty are former executive directors in the Reserve Bank of India. With this induction, the existing board of IL&FS now comprises 6 members with C S Rajan as non-executive chairman.

MCA planning to shift all company forms to new portal by December

Currently only nine forms are to be filled on the new version, ministry officials cite surge in company submissions on version 3

Govt asks Byju's to explain delay in filing audited financial accounts

Ministry of Corporate Affairs sent a letter to Byju's parent company asking them to explain the seventeen-month delay in filing audited accounts