Companies Act 2013 Current Affairs, GK & News
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 ministry and they have amended the Companies (Incorporation) Rules, 2014. Changes have been made to ..
Month: Current Affairs - July, 2021
Category: Economy & Banking Current Affairs • India Nation & States Current Affairs
Topics: Companies (Incorporation) Rules 2014 • Companies Act 2013 • Corporate Identity Number • incorporation of companies • Order of Regional Director Not Complied
PM CARES Fund: Oxygen Plant for 100 new hospitals
The Ministry of Health and Family Welfare recently announced that around hundred new hospitals are to have their own oxygen plant under the PM CARES Fund. PM CARES Fund is Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund. What is the plan? The Government of India has sanctioned 162 Pressure Swing Adsorption Plants ..
Month: Current Affairs - April, 2021
Category: India Nation & States Current Affairs
Topics: Companies Act 2013 • Corporate social responsibility (CSR) • COVID-19 • Oxygen • PM CARES Fund
Global Hackathon: NPCI PayAuth Challenge
The National Payments Corporation of India (NPCI) has announced to launch ‘NPCI PayAuth Challenge’. It is a global-level hackathon that will be organised to get the alternatives of the authentication of Unified Payments Interface (UPI) transactions. One such alternative options is the use of biometric while making transactions. Key Points NPCI PayAuth Challenge hackathon is ..
Month: Current Affairs - February, 2021
Category: Economy & Banking Current Affairs
Topics: Companies Act 2013 • National Payments Corporation of India (NPCI) • NPCI PayAuth Challenge • Reserve Bank of India (RBI) • Unified Payments Interface (UPI) transactions
Cabinet approves proposal to allow direct listing of overseas Indian companies
The Cabinet recently approved a proposal to allow direct listing of Indian companies overseas. Appropriate amendment would be made in the Companies Act, 2013 for the same. Very few Indian companies have Global Depository Receipts (GDRs) and only some have American Depository Receipts (ADRs) which can be traded in the US. A Depository receipt is ..
Topics: Cabinet of India • Companies Act 2013 • Government of India
Cabinet Approval: To amend Companies Act, 2013
On March 4, 2020, the Union Cabinet approved 72 changes to the Companies Act, 2013. The main aim of the amendment is to decriminalize the provisions in the act. Highlights The amendment aims to recategorize 23 offences and omit 7 compoundable offences. Under the amendment, the companies with Corporate Social Responsibility (CSR) obligation of less ..
Month: Current Affairs - March, 2020
Category: Legal & Constitution Current Affairs
Topics: Acts and Amendments • Bills and Acts • CLAT • Companies Act 2013 • Corporate social responsibility (CSR) • Foreign exchange reserves • Foreign investments • Injeti Srinivas Committee • Union Cabinet • Union Cabinet Decisions