Tag: Ministry of Corporate Affairs
Corporate India breathes easier as demat deadline extends to June
MCA extended the deadline for mandatory securities dematerialization to 30 June 2025, easing pressure on private companies
MCA extends deadline for filing financial statements
MCA extended the deadline for Indian companies to file financial statements under the Companies Act, 2013
Combination deals over USD267m require prior CCI approval
The MCA has issued notifications on the deal value threshold test for market combinations
Electronic proceedings only for companies from 16 September
The Ministry of Corporate Affairs has released a notification amending the Companies (Adjudication of Penalties) Rules, 2014
Corporate affairs ministry fines Planify Capital
The MCA has imposed a hefty penalty of INR70 million (USD840,000) on the startup fundraising platform Planify Capital
New deadline for feedback on Digital Competition Bill
In response to requests from stakeholders, the Ministry of Corporate Affairs has granted an extension for submissions regarding the draft Digital Competition Bill and the accompanying report from the Committee on Digital Competition Law
Ministry seeks feedback on proposed Digital Competition Law
MCA seeks public input on CDCL's draft Digital Competition Law bill, inviting comments on the report
Extended deadlines, waived fees for LLP forms
The Ministry of Corporate Affairs (MCA) extends LLP form deadlines, waives fees
Firms get direct listing on GIFT IFSC exchanges
Goverment permits direct listing on international exchanges at GIFT IFSC
New MCA policy standardises review of existing regulations
The Ministry of Corporate Affairs (MCA) now mandates pre-legislative consultations and a thorough review of existing rules by regulators
Ministry imposes stricter compliance for LLPs
The Ministry of Corporate Affairs has implemented significant changes through the Limited Liability Partnership (Third Amendment) Rules, 2023
CCI in paralysis
Government indecision on a major appointment to India's antitrust watchdog has left it in a regulatory limbo, unable to properly enforce or protect, Freny Patel reports
Timeline for virtual AGMs extended
The Ministry of Corporate Affairs (MCA) has announced an extension for virtual annual general meetings (AGMs) until September 2023
India revises CSR impact assessment norms
The Ministry of Corporate Affairs has modified the guidelines for determining how much it costs to perform social impact evaluations for CSR activities, and the process for handling the unused CSR funds of companies
Indy directors get proficiency test breather
The Ministry of Corporate Affairs (MCA) on 10 June offered a one-year window for independent directors in Indian businesses to clear their online self-assessment proficiency test conducted by the Indian Institute of Corporate Affairs (IICA)
Companies must disclose FDI from neighbours
The Ministry of Corporate Affairs has amended the Companies (Prospectus and Allotment of Securities) Amendment Rules, 2022, requiring Indian entities to reveal if investments are made by a company that is incorporated in a country that shares a land border with India
A comparison of M&A regulatory updates
Global M&A activity has climbed sharply since last year, creating opportunities in emerging markets like India and the Philippines, which have relaxed and liberalised their investment policies
