Roc

The MCA is likely to act on the findings and may even refer the case to the Serious Fraud Investigation Office, depending on the complexity and scale of the suspected violations.

MCA wants probe in 130 pending cases to be completed by month-end

The western region, which includes Mumbai and Pune, have the highest number of the pending cases

MCA probing Snapdeal, part of a wider investigation into past Chinese investments in 700 companies

The company says it has responded to the ministry's queries and has no Chinese investor now

MCA’s Byju’s investigation likely to focus on use of SPV funds: Official

The ROC, which operates under the ministry of corporate affairs, has completed an initial probe into Byju’s and has recommended a further investigation.

Excl: MCA likely to strike off upto 400 Chinese companies over next 3 months

These companies are found to have incorporation related fraud or financial frauds. Some companies have an Indian director, but the bank account is operated from China.

Govt aims to reduce time taken for voluntary closure of companies to 3 months: Official

The time taken for voluntary closure has already come down to 110 days since the Ministry of Corporate Affairs operationalised Centralised Processing for Accelerated Corporate Exit (C-PACE) on May 1, 2023.

Exclusive: MCA to intensify action against Chinese companies, finds fraud in a majority of 500 companies investigated

Against the backdrop of heightened tensions, there has been tighter scrutiny of investments from the neighbouring country.

Exclusive: Corporate affairs ministry may strike off registration, freeze funds of Chinese loan apps for fraud

The ministry is investigating 665 Chinese companies, including loan apps, for Companies Act violations.

IBA moves RBI seeking licence to set up Rs 6,000-crore NARCL; approval likely in next few weeks

The RBI in 2017, raised the capital requirement to Rs 100 crore from the earlier level of Rs 2 crore, keeping in mind the higher amount of cash required to buy bad loans.

Zuari Agro Chemical under MCA lens over corporate governance violations

The Ministry of Corporate Affairs' western regional director office has ordered an inspection under Section 206 of the Company's Act.

NCLAT dismisses RoC plea on modification of judgement in Tata-Mistry matter

A two member bench headed by Chairman Justice S J Mukhopadhaya dismissed the plea filed by RoC. NCLAT further said that its December 18, 2019 judgement has no aspersions cast against it.

Tata-Mistry case | NCLAT reserves order on RoC plea, judgement likely on January 6

During the proceedings, the Ministry of Corporate Affairs said that it was discharging its duty and has not committed any illegality in conversion of Tata Sons from public company to a private company.

Tata-Mistry case | NCLAT adjourns RoC plea till January 3

The counsel appearing for Tata Sons informed the appellate tribunal that the company has moved the Supreme Court against its order passed on December 18

Is Nifty showing signs of topping out? KST indicator has a story to tell

KST indicator which was developed by Martin Pring is an amazing way to look at the cyclicality in the markets.

Thomas Cook India under MCA scanner over ‘suspicious’ transaction

“Delhi’s RoC, which has been probing Aarush Forex Pvt for a while now, unearthed some suspicious transactions in its books and came across several companies, including Thomas Cook,” a source said.

CBI to fast-track probe against SEBI, RoC officials in Saradha case that sparked political row

The move comes as the agency prepares to file charge sheets in the controversial scam, they said.

One in three companies in India found defunct; struck off official records

As of November 30, the Ministry of Corporate Affairs (MCA) has deregistered 6.07 lakh from its records as part of a plan to crack down on shell or paper companies

One third of registered companies found defunct, struck off official records

The corporate affairs ministry is also examining companies’ data to see if they are involved in tax evasion or money laundering

Boardroom cleanup: About 1.8 million company directors could be dummies

The corporate affairs ministry has launched a mega KYC drive for company directors, in which they have to provide passport, PAN number and contact details such as personal phone number and email address by September 15

RoC receives complaint against Jet Airways, seeks response from airline

On August 27, the full-service carrier reported a net loss of Rs 1,323 crore for the three months ended June.

More than 1300 listed companies under scanner for not filing financial statements

The ministry of corporate affairs (MCA) has found that 736 out of the total 1,313 firms or companies were either never listed or have been delisted from the domestic bourses

Apollo Hospitals upbeat on Q4; sees EBITDA margins around 12%

Apollo Hospitals Chief Financial Officer Krishnan Akhileswaran said the pharmacy business got a boost from demonetisation because people were allowed to use their old notes (Rs 500, Rs 1000).

Sebi proposes joint task force for illicit money pooling

To check the menace of illicit money-pooling activities of small unlisted companies, Sebi has proposed a joint task force of financial regulators and intelligence agencies to bring them under regulatory ambit.

18 months for cos to move from obscure to nat'l bourses

The promoters and directors of such companies who would fail to list even after the extended time of 18 months would have to undergo 'stricter scrutiny' for their any future association with securities market

Saradha scam: CBI questions senior SEBI officials

The agency has been looking into the role played by the regulators in handling this chit fund scam.