Page-2 of Topic: Companies Act
IRCTC Revenue and Profit Increase
The Indian Railway Catering and Tourism Corporation (IRCTC), a public sector enterprise under the Ministry of Railways, has reported a steady and consistent increase in both revenue and...
Government relaxes norms for shares with differential voting rights
Union Ministry of Corporate Affairs (MCA) has amended provisions relating to issue of shares with Differential Voting Rights (DVRs) provisions under Companies Act. This move is aimed at...
SPV s to Aid Direct Funding for Universities
Ten high-performing state universities are now setting up special purpose vehicles companies to receive the funds directly from the Central government. This model is being explored to cut...
IEPF Authority recovers Rs 1514 Cr of Depositors Money
The Investor Education and Protection Fund (IEPF) Authority in a major success has recovered deposits worth Rs 1,514 crore from Kolkata-based Peerless General Finance and Investment Company. This...
Defence India Start-up Challenge
The Defence India Startup Challenge has been launched by the Defence Innovation Organisation to boost innovations under the Innovations for Defence Excellence (iDEX) scheme. The initiative has been launched with...
Government Promulgates Ordinance to amend Companies Act, 2013
Union Cabinet has approved proposal for promulgation ordinance to amend the Companies Act, 2013. The ordinance had received assent from President Ram Nath Kovind under Article 123 and...
Government sets up Injeti Srinivas High Level Committee on Corporate Social Responsibility
The Union Ministry of Corporate Affairs (MCA) has constituted High Level Committee on Corporate Social Responsibility – 2018 (HLC-2018) under Chairmanship of Injeti Srinivas, Secretary, MCA. It will...
Government makes demat mandatory for issue and transfer of shares
Union Ministry of Corporate Affairs (MCA) has mandatory for unlisted public companies to issue new shares or transfer of all shares in dematerialised or demat (i.e. in electronic...Injeti Srinivas heads committee on review of penal provisions of Company Act 2013
The committee, chaired by Corporate Affairs Secretary Injeti Srinivas, has recently submitted final report on review of penal provisions of Company Act 2013 to the Union Minister for...
Government sets up committee to review the enforcement of CSR provisions
The Ministry of Corporate Affairs (MCA) has constituted 12-member committee to review enforcement of Corporate Social Responsibility (CSR) provisions under Companies Act, 2013. It will be headed by...Union Cabinet approves establishment of NFRA to oversee auditors
The Union Cabinet has approved the establishment of National Financial Reporting Authority (NFRA). The NFRA will act as an independent regulator for the auditing profession which was one...
