MINISTRY OF CORPORATE AFFAIRS
Labour Ministry moots social security fund linked to CSR norms
The ministry has proposed constituting a social security fund or funds for provision of social security to unorganised workers, platform workers or gig workers or any class of such workers to be administered by the central government in the social security code.
Proposal looks to decriminalise 2/3rd offences under Companies Act
Proposed changes have been drawn from the report of the Company Law Commit...
I resigned from YES Bank as independent director because of corporate governance failure: Uttam Prakash Agarwal
I was also not satisfied with...
India plans new law to protect foreign investment: Sources
India plans to attract more capital from overseas to boost stuttering domestic growth by this move.
Ministries of Tribal Affairs and Home Affairs lead in RTI rejections: CIC report
The report, tabled in both houses of Parliament this week, said 64,334 applications, which comes to 4.70 per cent of the 13.70 lakh applications received during 2018-19, were rejected. The first appeals before seniors against the decisions of RTI processing officers called Central Public Information Officers marginally declined from 9.72 per cent last year to 9.29 per cent in 2018-19.
Corporate affairs ministry moves NCLT to reopen CG Power books for FY15-19
The National Company Law Tribunal (NCLT) directed the ministry to issue notices to market regulator Sebi, the income tax department and Thapar to file reply within a week and also asked the ministry to file the rejoinder a week later. The tribunal has posted the matter for more hearing to December 16.
Govt took several steps for ease of doing biz: MCA
The IBC was amended twice in 2018 to disqualify undesirable persons from regaining control of companies undergoing resolution and to balance the interests of various stakeholders in the Code, especially interests of home buyers and micro, small and medium enterprises.
MCA's 2019 Review: Steps for ease in business, insolvency resolution
In its year-end review, the Ministry of Corporate Affairs (MCA) on Sunday mentioned the various steps it undertook in 2019 for ease of doing business and creating a robust insolvency framework.
Government launches independent directors' databank
"Companies also may register themselves with the databank to search, select and connect with individuals who possess the right skills and attitude for being considered for appointment as independent directors," the ministry said in an official release said.
NCLAT asks investigative agencies to clarify over JSW Steel's immunity in BPSL matter
A three-member NCLAT bench headed by Chairperson Justice S J Mukhopadhaya asked the agencies to file their reply affidavits by January 20 stating whether after insertion of section 32 A in the Insolvency and Bankruptcy Code (IBC) last month, JSW Steel has immunity from the alleged fraud committed by the previous BPSL managemet.
Prices of 20 of 22 key food items rose steadily in 2019: Consumer Affairs Ministry
Rise in prices of almost all essential food items has become a cause of huge concern for the government.
What's inside Oyo's 'Raho Mast' campaign?
Oyo's campaign has been conceptualised and conceived in-house under the charge of Mayur Hola, creative head, India, and SE Asia, for the company. The three films shot by Chrome Pictures show different use-case scenarios.
Government appoints 2 joint secretaries, 38 other officials to assist Chief of Defence Staff
Officials sources said the appointments were made as per laid down roadmap to create an enabling set up for the Chief of Defence Staff (CDS) to implement the government's vision of ensuring tri-services synergy. Two joint secretaries, 13 deputy secretaries and 25 under secretaries were appointed in the department of military affairs.
60 per cent of IGGL would be funded by Centre: Assam Industries Minister Chandra Mohan Patowary
He told a press conference here that the rest Rs 3,706 crore shall be funded by five oil-sector public sector undertakings - IOCL, ONGC, GAIL, OIL and NRL. The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi on January 8 had approved Viability Gap Funding/ Capital Grant of 60 per cent for the IGGL project.
Consumer affairs ministry writes to jal shakti ministry to make mandatory BIS standard on piped drinking water
"The Centre has the power to make BIS standard (on piped drinking water) mandatory. We have already written a letter to the jal shakti ministry," Food and Consumer Affairs Minister Paswan told reporters here. The minister said his mission is to ensure safe and quality water to people of not only the national capital but across India.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service