The Ministry of Corporate Affairs is an Indian government ministry. It is primarily concerned with administration of the Companies Act 2013, the Companies Act 1956, the Limited Liability Partnership Act, 2008 & other allied Acts and rules & regulations framed there-under mainly for regulating the functioning of the corporate sector in accordance with law. Read More
Prime Minister Narendra Modi on Wednesday effected a major reshuffle and expansion of his ministry bringing Mansukh Mandaviya as Health Minister, Kiren Rijiju as Law Minister, Dharmendra Pradhan as Education Minister, and Jyotiratidya Scindia as Civi ...
The Corporate Affairs Ministry has revised the definition of small companies under the Companies Act by increasing their thresholds for paid-up capital from "not exceeding Rs 50 lakh" to "not exceeding Rs two crore" and turnover from "not exceeding ...
Crisis-hit IL&FS Financial Services (IFIN) has recovered around Rs 1,379.9 crore, including loans provided and investments made in third party borrowers and to IL&FS Group companies as of November 30. ...
Hearing a plea by crisis ridden IFIN auditors Deloitte Haskins and Sells LLP, and KPMG arm BSR and Associates, the NCLAT on Friday reserved the order on the appeal of the audit firms and the jurisdiction of National Company Law Tribunal (NCLT) over t ...