Company Law : The transition to the new MCA portal disrupted statutory filings due to login, DSC, and payment failures. The key takeaway is that...
Company Law : MCA V3 launches revised MGT-7 for FY 2024-25. PAN, Folio, and validation sheet are mandatory for shareholders; external Excel use ...
Company Law : MCA has updated annual forms MGT-7A and AOC-4 with new requirements for business activity codes, registered office details and sha...
Company Law : A summary of the new MGT-7 annual return form on the MCA's V3 portal, detailing the shift to a web-based system, new disclosure re...
Company Law : Erroneous MCA data classifying Independent Directors as 'Directors' leads to legal issues, prompting a systemic correction to prot...
Company Law : The update addresses repetitive annual KYC filings for directors. It allows filing once every three years, significantly reducing ...
Company Law : The upgraded MCA21 V3 portal processed over 3.84 crore filings in five years and resolved 98% of helpdesk grievances in FY 2025-26...
Company Law : The government has approved new regional and company registries to streamline administration and improve access. The move aims to ...
Corporate Law : SFIO now issues digitally generated Summons/Notices with QR codes and DINs, allowing recipients to verify authenticity online and ...
Company Law : ICSI reports numerous technical issues—including OTP failures, data errors, and DSC problems—on the MCA-21 V3 portal and reque...
Company Law : Penalty imposed on Sh. Laxit Awla under Section 165 of Companies Act, 2013, for exceeding directorship limits. Details on violatio...
Company Law : A director was penalized for holding two DINs in violation of statutory provisions. The key takeaway is that even inadvertent non-...
Company Law : The company failed to conduct the required number of board meetings and exceeded statutory time gaps. The key takeaway is that str...
Company Law : Filing incorrect details in statutory forms attracts penalties even if later corrected. The key takeaway is that rectification doe...
Company Law : The case involved non-maintenance of a functional registered office, evidenced by undelivered official communication. The authorit...
Company Law : The case addressed prolonged possession of two DINs due to an inadvertent mistake. The authority imposed a ₹48,958 penalty, hold...
Shri A. N. Raman, a Central Council Member of The Institute of Cost and Works Accountants of India (ICWAI), functioning under the aegis of the Ministry of Corporate Affairs, has taken over as the President, South Asian Federation of Accountants (SAFA
The Institute of Chartered Accountants of India (ICAI), working under the aegis of the Ministry of Corporate Affairs, is organizing a three-day International Conference on Accountancy Profession: Catalyst to Sustained Economic Growth, here from today
The basic charter of Ministry of Corporate Affairs is to promote the growth of the Indian corporate sector through enlightened regulation. To enable formulation of enlightened regulations that provide a framework for the corporate sector and its stak
Cost Audit Branch under the Ministry of Corporate Affairs is manned by professionals drawn from the Indian Cost Accounts Service (ICAS) and primarily deals with sections 209 (1) (d) and 233B of the Companies Act, 1956. The Branch, under section 209 (1) (d) formulates & notifies Cost Accounting Records Rules (CARRs) for various industries. Such rules prescribe the manner in which cost records are to be maintained by specified class of companies. The Branch also undertakes rationalization of existing CARRs to reflect the changes in technology, manufacturing processes and accounting standards.
It is hereby informed that in exercise of the powers conferred by sub-section (1) of section 233B of the Companies Act, 1956 (1 of 1956), the Central Government has issued Orders to the effect that an audit of the cost accounting records maintained by the following companies be conducted for the year ending 31st March, 2011 and also for every financial year thereafter in respect of the products indicated there against:
Applications are invited for the post of Director General & Chief Executive Officer (DG & CEO) in Indian Institute of Corporate Affairs (IICA), established by the Ministry of Corporate Affairs for training, research and service delivery in the field
The Minister of Corporate Affairs, Shri Salman Khurshid, recently informed the Parliament that the Parliamentary Standing Committee on Finance has recommended that the National Advisory Committee on Accounting Standards (NACAS) may be institutionaliz
The Institute of Company Secretaries of India (ICSI), functioning under the aegis of the Ministry of Corporate Affairs, will be organizing the 10th ICSI National Award for Excellence in Corporate Governance here tomorrow at SCOPE Convention Centre. F
The first India Corporate Week was celebrated last December on the theme “Corporate Sector and Inclusive Growth”. I note with satisfaction that the Ministry of Corporate Affairs has taken many important initiatives in the year that has since gone by
The Institute of Chartered Accountants of India(ICAI), functioning under the aegis of the Ministry of Corporate Affairs, organized here today a seminar on Social Audit. A plethora of new ideas in this emerging field were discussed by the Chartered Ac
