Ministry of Corporate Affairs

New bad bank expected to be launched in July

Lenders have so far reviewed 101 non-performing assets (NPAs) in the first phase and now plan to transfer 22 accounts amounting to roughly Rs 89,000 crore to the bad bank.

published on : 29th June 2021

MCA broadens small firm definition, raises turnover and borrowing limits

In a notification issued on Wednesday, the ministry said the Companies (Accounting Standards) Rules, 2021, will be effective from April 1, 2021.

published on : 25th June 2021

NRIs in as one-person firm rules get amended under Companies Rules

The changes, announced by finance minister Nirmala Sitharaman during her budget speech on Monday, will come into effect from April 1, according to the notifications.

published on : 4th February 2021

MCA seeking clarification on delay in Jet Airways' Q1 results

Markets regulator Sebi is also looking into the airline delaying the June quarter results.

published on : 22nd August 2018