Corporate Law News

MCA Notifies Election Tribunal for ICAI Council Poll Disputes Held in Dec 2024

21 April 2025 at 08:25

The Ministry of Corporate Affairs (MCA) has officially constituted an Election Tribunal to resolve disputes arising from the Council elections of the Institute of Chartered Accountants of India (ICAI) held in December 2024.

Posted in Corporate Law | 633 Views

MCA Invites Suggestions on Amendments to Ease Fast Track Mergers Under Companies Act 2013

07 April 2025 at 08:28

MCA invites public comments on proposed amendment in the Rules to widen the scope of fast track mergers under Companies Act, 2013Section 233 of the Companies Act 2013

Posted in Corporate Law | 4101 Views

IBC Overhaul: 6 Amendments, 122 Regulatory Reforms Enhance Corporate Debt Resolution

03 April 2025 at 08:28

Government has Strengthened IBC with Six Amendments and 122 Regulatory reforms since its inception. Over 8,000 CIRPs initiated, rescuing 3,485 debtors and realization of ₹3.58 lakh crore

Posted in Corporate Law | 270 Views

MCA Mandates Half-Yearly Return for Companies Delaying Payments to MSMEs

27 March 2025 at 09:28

The Central Government has issued a directive under Section 9 of the Micro, Small, and Medium Enterprises Development Act, 2006 (MSMED Act, 2006), making it mandatory for companies to report payment delays to micro and small enterprises (MSEs).

Posted in Corporate Law | 1 comments | 9138 Views

Govt Launches MSME TEAM Initiative to Boost E-Commerce Adoption via ONDC

26 March 2025 at 08:34

During the FY 2024-25, the MSMEhas launched a sub scheme under Central Sector Scheme Raising and Accelerating MSME Performance Program (RAMP), namely MSME Trade Enablement and Marketing (MSME TEAM) Initiative on 27th June 2024.

Posted in Corporate Law | 510 Views

Govt Launches Mutual Credit Guarantee Scheme for MSMEs with 60% Coverage on Loans Up to Rs 100 Crore

20 March 2025 at 08:36

Mutual Credit Guarantee Scheme for MSMEs (MCGS- MSME) provides 60% guarantee for credit facility up to Rs.100 crore

Posted in Corporate Law | 408 Views

IBC Success: Rs 10 Lakh Crore Cleared with 28,818 Cases Resolved

19 March 2025 at 08:50

The Insolvency and Bankruptcy Code (IBC) has played a pivotal role in resolving corporate distress, with as many as 40,943 applications filed under the law since its inception in 2016.

Posted in Corporate Law | 207 Views

Govt Boosts MSME Credit Access: Loans Up to Rs 25 Lakh Approved in 14 Days

12 March 2025 at 08:56

Government has taken several measures to increase credit access and finance for MSMEsFor loans up to ₹25 lakh for Micro and Small Enterprises (MSE) borrowers, credit decisions within 14 working days by the banks

Posted in Corporate Law | 399 Views

FM Sitharaman Launches Digital Credit Assessment Model for MSMEs to Streamline Loan Approvals

07 March 2025 at 08:59

Union Finance Minister and MoS, Finance launch the New Credit Assessment Model for MSMEs as announced in Union Budget 2024-25

Posted in Corporate Law | 330 Views

MCA Extends Deadline for Mandatory Dematerialization of Private Companies Until 30th June 2025

13 February 2025 at 08:46

In a significant move, the Ministry of Corporate Affairs (MCA) has extended the deadline for mandatory dematerialization of securities for certain private companies until June 30, 2025.

Posted in Corporate Law | 2091 Views