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 the records under the Companies Act, 2013. This article delves into the ..
Month: Current Affairs - March, 2023
Category: Economy & Banking Current Affairs • India Nation & States Current Affairs
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 750 crore. Key Points In four years the first phase of the ..
Month: Current Affairs - July, 2021
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 identify and verify the primary data sources. This is essential because certain ..
Month: Current Affairs - May, 2021
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 of NIXI IP Guru: It is also called IPv6 that extends support ..
Month: Current Affairs - April, 2021
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 Project The name of the project is “Mega Food Park”. The main ..
Month: Current Affairs - April, 2021
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, 2020, SEBI asked the Indian companies to separate the roles of chairperson ..
Month: Current Affairs - April, 2021
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 one person companies (OPCs) in India. Highlights The changes were announced by ..
Month: Current Affairs - February, 2021
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 regulation and supervision has been entrusted with the Department of Non-Banking Supervision ..