Page 2 - Mca

MCA21's version-3 to offer better user experience, enhanced scrutiny

The main purpose of the portal would also be to facilitate seamless integration and data exchange among regulators

MCA removes restrictions on board meetings via video conferencing

With the latest notification, the provision restricting video conferencing or other audio visual means has been removed permanently.

MCA amends provisions of SBO's share transfer to investor awareness fund

An SBO is a person holding a beneficial interest of at least 10 per cent whether acting alone, together or through one or more individuals or trust, in a company

MCA21 Version 3.0: Govt's automated system to keep an eye on firms

The centre will issue warning if it detects suspicious practices

Incorporation of companies up 20% in FY21 despite pandemic: MCA

The number of new companies formed in the current financial year rose despite the pandemic

MCA proposes pre-packaged insolvency resolution process for Covid defaults

The future phases would cover a default above Rs 1 crore, followed by Rs 1 to Rs 1 lakh

In a first, edtech firm upGrad launches online blended degree programmes

To offer BBA, BCA, MCA, MBA and LLM with Jamia Hamdard, O P Jindal Global University

NCLAT quashes NCLT order making MCA a party to all IBC proceedings

Allowing the plea filed by the MCA, a two-member bench of the appellate tribunal said the NCLT's direction was "beyond the power" and amounted to "imposition of a new rule in a compelling fashion".

Auditors and fraud

We need to look at the entire ecosystem to minimise corporate frauds and not just focus on auditors

Insolvency process: MCA orders SFIO probe into Castex Technology affairs

Castex Tech started its resolution process in December 2017 with a debt of Rs 6,000 crore

MCA inspection may spoil the show for Zee; stock sheds 15% in two sessions

In a clarification to the exchanges, Zee acknowledged that it had received a letter from the MCA, seeking information and inspection

Graduates' employability up 47% in 2019, MBAs most employable, says survey

However, there has been a decline in the employability those coming out with BTech, other engineering streams, MCA, technical and computer-related courses, says the survey.

'No irregularities': MCA relief to Indiabulls Housing Finance, for now

It is, however, still probing the company, one of the country's largest real estate lenders, and has sought two months' time for filing additional affidavit in this matter

Govt may amend IBC, go for buyer protection and stricter homebuyers' norms

In October, Corporate Affair Secretary Injeti Srinivas said the ministry is mulling setting up of a threshold for home buyers for starting insolvency proceedings against real estate developers.

MCA wants accounts of CG Power and Industrial Solutions to be restated

It wants chartered accountants to re-open the books of account and recast the financial statements of the company and its subsidiary firms.

CG Power fraud case: Ousted CFO calls Vaish report 'biased and concocted'

He was interviewed on May 24 and July 29 by a partner of Vaish Associates, which was not at all mentioned in the law firm's interim investigation report on the alleged fraud at CG Power.

Corporate debtors set to get IBC immunity against attachment of assets

The MCA has received several representations from companies including JSW and Tata Steel regarding issues that cropped up after the closure of the insolvency and bankruptcy process

Sort out Bhushan Power and Steel asset issue: NCLAT to MCA and ED

Appellate tribunal says ED can claim dues from proceeds of crime under IBC as operational creditor

MCA to probe Ludhiana's SEL Manufacturing over Rs 4,000-cr loan default

Officials have prepared SEL Manufacturing's assets list that includes a jet and a school

MCA orders probe against CG Power, inspection report to be ready soon

The office of the MCA's regional director, western region, is in charge of the probe