Company and allied matter act news

Here are some recent news articles related to the Companies Act and allied matters:

Companies Act

  1. Companies Act Amendment Bill 2022: The Indian government has introduced the Companies (Amendment) Bill, 2022, which aims to simplify the process of doing business in the country. The bill proposes to reduce the number of compliances and increase the threshold for filing of financial statements. (Source: Business Standard)
  2. E-filing of Annual Returns: The Ministry of Corporate Affairs has made e-filing of annual returns mandatory for all companies, including small and medium-sized enterprises. The move aims to reduce paperwork and increase transparency. (Source: The Hindu)

Corporate Governance

  1. Independent Directors: The Securities and Exchange Board of India (SEBI) has issued new guidelines for independent directors, requiring them to disclose their interests and relationships with the company. The move aims to improve corporate governance and transparency. (Source: Livemint)
  2. Board Diversity: The Indian government has introduced a new rule requiring listed companies to have at least one woman director on their board. The move aims to promote diversity and inclusion in corporate governance. (Source: The Economic Times)

Insolvency and Bankruptcy

  1. IBC Amendments: The Indian government has introduced amendments to the Insolvency and Bankruptcy Code (IBC), aimed at improving the resolution process and reducing delays. The amendments include changes to the voting threshold and the role of the resolution professional. (Source: Financial Express)
  2. NCLT Cases: The National Company Law Tribunal (NCLT) has ordered the liquidation of several companies, including a prominent real estate developer, due to non-payment of debts. The move aims to recover dues and promote financial discipline. (Source: The Times of India)

Other News

  1. Company Law Settlement Scheme: The Indian government has introduced a new scheme allowing companies to settle pending cases and disputes with the government. The scheme aims to reduce litigation and promote ease of doing business. (Source: Business Today)
  2. Corporate Social Responsibility: The Indian government has introduced new guidelines for corporate social responsibility (CSR) spending, requiring companies to spend at least 2% of their net profits on CSR activities. The move aims to promote social welfare and community development. (Source: The Hindu BusinessLine)

These are just a few examples of recent news articles related to the Companies Act and allied matters. If you're looking for more information or specific updates on a particular topic, feel free to ask!