Tag: ministry of corporate affairs

israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

ola electric: Ola Electric reports Rs 373 crore topline in FY22; losses widen on scooter sales launch

Electric two-wheeler maker Ola Electric clocked Rs 373.42 crore in operating revenue for the 12-month period ended March 2022, compared with Rs 86 lakh in…

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MCA to intensify crackdown on shell firms
Posted in Economy

MCA to intensify crackdown on shell firms

The ministry of corporate affairs (MCA) is planning to harden a crackdown on non-functional (shell) companies, having already struck off hundreds of thousands of such…

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MCA21 portal issue: Corporate affairs secretary to hold stakeholders' consultations in Chennai, Hyderabad
Posted in Economy

MCA21 portal issue: Corporate affairs secretary to hold stakeholders’ consultations in Chennai, Hyderabad

The Ministry of Corporate Affairs (MCA) secretary Manoj Govil on Sunday took to Twitter and said that the ministry will hold consultations with stakeholders on…

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Posted in Economy

Financial bids for Shipping Corporation of India soon; land and assets unit likely to be listed in a month

The government will likely list the state-owned Shipping Corporation of India Land and Assets Ltd (SCILAL) within a month, paving the way for the privatisation…

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Stricter rules for removal of companies' names from RoC
Posted in Economy

Stricter rules for removal of companies’ names from RoC

Companies wishing to get their names struck off from the Register of Companies (RoC) will now have to file overdue financial statements and annual returns…

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pil: SC asks Finance Ministry to respond to PIL seeking mechanism on unclaimed deposits
Posted in Economy

pil: SC asks Finance Ministry to respond to PIL seeking mechanism on unclaimed deposits

The Supreme Court on Thursday asked the Union Ministry of Finance to file its response in three weeks to a PIL seeking a mechanism to…

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877 foreign companies ceased their 'place of business' in India between 2014 & November 2021
Posted in Economy

877 foreign companies ceased their ‘place of business’ in India between 2014 & November 2021

Total 877 foreign companies have ceased their ‘place of business’ in India between 2014 to November 2021. The Ministry of Corporate Affairs in a written…

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MCA notifies procedure for physical submission of compliance forms
Posted in Economy

MCA notifies procedure for physical submission of compliance forms

The ministry of corporate affairs (MCA) on Tuesday notified the procedure for physical submission of compliance forms. The development comes after several companies faced impediments…

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mca: MCA extends deadline until March 31 for filing certain forms
Posted in Economy

mca: MCA extends deadline until March 31 for filing certain forms

The corporate affairs ministry on Wednesday extended the deadline till March 31 for filing of 45 forms without paying additional fees. Further, form PAS-03 (for…

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nirmala sitharaman: MCA21 glitches: Sitharaman reviews matter; directs setting up special team to address grievances
Posted in Economy

nirmala sitharaman: MCA21 glitches: Sitharaman reviews matter; directs setting up special team to address grievances

Amid stakeholders facing glitches in submitting forms under the companies law through the MCA21 portal, Union minister Nirmala Sitharaman on Tuesday asked the corporate affairs…

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