Centre for Processing Accelerated Corporate Exit

C-PACE or Centre for Processing Accelerated Corporate Exit is a newly established body that aims to process and dispose of applications for the removal of company names from the records under the Companies Act, 2013. This article delves into the ..

Tags: Companies Act • Companies Act 2013

Month: Current Affairs - March, 2023

Category: Economy & Banking Current Affairs - 2022 • India Nation & States Current Affairs

Ministry of Corporate Affairs Facility for e – Adjudication

The Ministry of Corporate Affairs launched the MCA21 to speed the access to the services of the ministry. Recently, the ministry added some key features to MCA21. They are e – adjudication, compliance management, and e-consultation. Adjudication means a judgment ..

Tags: CBDT • Central Board of Direct Taxes (CBDT) • Companies Act 2013 • MCA21 Mission Mode Project • MCA21 version

Month: Current Affairs - January, 2023

Category: Economy & Banking Current Affairs - 2022

CSR funds for ‘Har Ghar Tiranga’

Recently, government announced for companies to spend CSR funds on activities related to ‘Har Ghar Tiranga’ campaign. Government is organising the “Har Ghar Tiranga Campaign” as a part of Azadi ka Amrit Mahotsav. The campaign is intended to encourage people ..

Tags: Companies Act 2013 • Corporate social responsibility (CSR) • Corporate Social Responsibility (CSR) funds

Month: Current Affairs - July, 2022

Category: Economy & Banking Current Affairs - 2022

National Financial Reporting Authority – Update (March, 2022)

The Appointments Committee of the Cabinet (ACC) has approved the appointment of former finance secretary Ajay Bhushan Pandey as the chairperson of the National Financial Reporting Authority (NFRA). About NFRA National Financial Reporting Authority (NFRA) is a statutory body, established ..

Tags: Accounting • Auditing • Companies Act 2013 • NFRA

Month: Current Affairs - March, 2022

Category: Economy & Banking Current Affairs - 2022

Foreign direct investment in LIC

The Government of India recently decided to allow 20% Foreign Direct Investment (FDI) in LIC (Life Insurance Corporation). This is to be done by amending the Foreign Exchange Management Rules (FEMA). What is the plan? The DFS, DIPAM are to ..

Tags: Companies Act 2013 • Corporate • Department for Promotion of Industry & Internal Trade (DPIIT). • Department of Investment and Public Asset Management (DIPAM) • DPIIT

Month: Current Affairs - January, 2022

Category: Economy & Banking Current Affairs - 2022

Rules related to incorporation of companies changed

The government has amended the rules concerning to the incorporation of companies which comes under the Companies Act, 2013. From 1st September, these changes will come into effect.   Highlights Companies Act, 2013, is being implemented by the corporate affairs ..

Tags: Companies (Incorporation) Rules 2014 • Companies Act 2013 • Corporate Identity Number • incorporation of companies • Order of Regional Director Not Complied

Month: Current Affairs - July, 2021