Topic: Companies Act
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...
Central University approved in Ladakh
The Union Cabinet has given its approval of the formation of a Central University in Ladakh. This project cost for the formation of this university will be Rs...
NFRA creates Database of companies and auditors
The National Financial Reporting Authority is creating a database of companies and auditors. What is the plan? As a first step of establishing the database, NFRA is to...
National Internet Exchange of India Initiatives
The Ministry of Electronics and Information Technology recently launched three new initiatives of National Internet Exchange of India. They were NIXI Academy, IP Guru and NIXI-IP-INDEX. Three Initiatives...
Italy: First Food Park in India
Italy recently launched the first “Mega Food Park” in India involving food processing facilities. It is the first Italian-Indian Food Park project launched in the country. About the...
SEBI: India should separate the roles of Chairperson and Managing Director
The Securities and Exchange Board of India recently announced that it will not extend the deadline to separate the posts of Managing Director and Chairperson. In April 1,...
MCA amends the Definition of Small Companies
The ministry of corporate affairs (MCA) has amended definition of the small companies by amending the Companies Rules. The new amendment allows the non-resident Indians (NRIs) to incorporate...
4-tier structure for Tighter Regulation of NBFCs
The Reserve Bank of India (RBI) has recently proposed for a four-tier structure for tighter regulatory framework of the Non-Banking Financial Companies (NBFCs). About Regulatory and Supervisory Framework The responsibility of...
Parliament passes Taxation and Other Laws (Relaxation and Amendment of Certain provisions) bill
On September 23, 2020, Parliament passed the Taxation and other laws (Relaxation and Amendment of certain provisions) bill, 2020. It replaces an ordinance and will make few changes...
Insolvency and Bankruptcy (Second Amendment) passed in Rajya Sabha
On September 19, 2020, the Rajya Sabha passed the Insolvency and Bankruptcy code (second Amendment) Bill 2020. According to the new amendment, fresh insolvency proceedings will not be...
Fifth Tranche of Atma Nirbhar Bharat Abhiyan announced
On May 17, 2020, the Union Finance Minister Nirmala Sitaraman announced the fifth and final tranche of Atma Nirbhar Bharat Abhiyan. The scheme is to implement several measures...
