Latest News on Ministry Of Corporate Affairs
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Ministry Of Corporate Affairs - Total results - 88
Oct 03, 2019
Strict punishment in offing for 3.38 lakh shell company owners: Centre to deploy DRI, FIU, CBDT, CBI for probe; ED to verify how funds are managed, launderedSo far, 3.38 lakh shell companies has been identified and de-registered by the Ministry of Corporate Affairs. A maximum of 75,000 companies in Delhi, 73,000 in Mumbai, 46,000 in Andhra Pradesh and Telangana together, and 16,000 in Kolkata were identified as shell entities which were used for tax evasion, obscuring real ownership, money laundering and purchase of benami properties.
Aug 20, 2019
IL&FS fraud case: NCLAT refuses to stay NCLT hearing against auditing firm Deloitte Haskins & SellsThe Ministry of Corporate Affairs in June moved NCLT seeking a five-year ban on these auditors in the IL&FS fraud case
Aug 08, 2019
Reliance Capital's joint auditors say no breach of Companies Act ; reject PWC allegationsReliance Capital on Thursday said its joint auditors have confirmed that there are "no violations" as alleged by the firm's previous auditor Price Waterhouse & Co Chartered Accountants LLP (PWC)
Aug 05, 2019
Deloitte Haskins & Sells quits as auditor of cash-strapped DHFL; cites no reason for quitting: ReportCash-strapped DHFL sits on a debt pile of Rs 90,000 crore and has defaulted on its various repayment obligations in a serial manner in the recent past.
Jul 22, 2019
CCI needs to conduct a survey to assess if Big Four audit firms abusing their dominant position in India: GovtMinistry of Corporate Affairs, which holds that view, is yet to send any formal request to the CCI to probe the matter, said the official.
Jul 18, 2019
IndiGo promoter spat: Govt seeks explanation from InterGlobe Aviation on Rakesh Gangwal's complaintThe government has sought explanations from InterGlobe Aviation on allegations of corporate governance lapses raised by co-founder and promoter Rakesh Gangwal
Jul 09, 2019
If Jet Airways founder Naresh Goyal wants to go abroad, he should first deposit Rs 18,000 cr as guarantee: Delhi HCHe added that Goyal wanted to go to Dubai and London for the purpose of arranging funds for the Jet group which was facing financial crisis.
Jun 20, 2019
Arvind Subramanian's claim on overestimation of GDP is exotic research confined to shelf; CSO should focus on improving robustness of dataIt was expected that the EAC-PM would rebut the conclusions drawn by the former Chief Economic Adviser Arvind Subramanian
Jun 14, 2019
SEBI, MCA probe PWC's resignation as auditor of RCap, Reliance Home Finance; ask stock exchanges to collect necessary informationThe development assumes significance in the wake of the auditors' role coming under the scanner of multiple agencies in cases involving various corporate houses, including listed companies.
Jun 04, 2019
Reserve Bank bars EY member firm Batliboi & Co from auditing bank books for 1 year on account of lapsesIn June 2018, RBI had put in place an enforcement action framework in respect of statutory auditors for the lapses in the statutory audit of commercial banks