Companies Act 2013

Govt cancelled 2.24 lakh suspected shell companies post demonetisation, disqualified 3.09 lakh directors

The Ministry of Corporate Affairs on Sunday said that it has struck off around 2.24 lakh companies till date for remaining inactive for a period of two years or more

Six years later: India has more checks and balances but can't rule out a Satyam-like scam

India has put in place many checks and balances, but still it will be difficult to detect a scam like Satyam beforehand

Sebi got new powers in 2013 to fight Sahara, Saradha and other scams

The regulator was also able to provide clarity and a direction to the market in areas like corporate governance and investor protection during 2013.

Corp Affairs Ministry has memorable 2013 with law making, fraud fighting

The Ministry remained in focus during 2013 amid a host of high-profile cases of corporate misdoings, regulatory co-ordination to crackdown on fraudulent investment schemes.

CSR rules to be finalised by first week of January: Pilot

Replacing the nearly six-decade old regulations for corporates, the new Companies Act makes it mandatory for certain class of profitable enterprises to spend money on social welfare activities and such expenses are estimated to total about Rs 15,000-20,000 crore a year.