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Ministry Of Corporate Affairs News

Ministry Of Corporate Affairs’ IEPFA Invested In Mid-Caps And Small-Caps Companies

Over 100 mid-cap and small-cap companies that are listed on the NSE & BSE mention the Investor Education and Protection Fund Authority (IEPFA) as a stakeholder. The IEPFA openly held 116 equities with a net worth of Rs 1,720 crore as ...

MCA Approves Demerger Of NMDC Steel Plant, In Chhattisgarh From NMDC

The Ministry of Corporate Affairs (MCA) has approved the demerger of NMDC Steel, a three-million tone steel plant in Chhattisgarh, from NMDC Ltd, the iron ore miner said. "This is to inform you that the Company is in receipt t of ...

Govt To Reduce Time Taken For Starting Business; To Roll Out New e-Form

As yet another step in improving ease of doing business, for the incorporation of new companies from February 15, 2020, the government will roll-out an integrated electronic form SPICe+ that will replace its earlier version simplified proforma for incorporating company electronically ...

Companies to have at least one woman, 2 independent directors

Most companies now need to have at least one woman and two independent directors, while the listed entities will be required to have a director to represent the interests of small shareholders if they demand. The new requirements are part ...

MCA offers grievance redressal against bonds and debentures of unlisted companies

While stock exchanges and SEBI through its exclusive SEBI Complaint Redress System Website (SCORES) acknowledges as well as addresses complaint against listed companies, complaint concerning bonds and debentures of both listed and unlisted companies can be lodged with the Ministry of ...