Ministry of Corporate Affairs

Ministry of Corporate Affairs The Ministry of Corporate Affairs (MCA) is vested with the powers of regulating the corporate affairs in India through the Companies Act of 1956, Companies Act, 2013, and other allied Acts. This article looks at the…

Form CHG-8 – Condonation of Delay

Form CHG-8 - Condonation of Delay The provisions of the Companies Act states that if a company does not register satisfaction of charges after its full payment or if the satisfaction of the charge is not filed within thirty days…

Share Application Money under Private Placement

Share Application Money under Private Placement According to the Companies Act 2013, a company raises money through three ways which are public offer, private placement, right or bonus issue. The method of private placement refers to the issue of shares…

National Guidelines on Responsible Business Conduct

National Guidelines on Responsible Business Conduct The Ministry of Corporate Affairs (MCA), Government of India, has established a set of guidelines and principles called the National Guidelines on Responsible Business Conduct (NGRBC). The NGBRC has designed to assist businesses to…

Internal Audit

Internal Audit Internal audit may be defined as an evaluation and analysis of a business operation that is conducted by the internal audit staff of the same business entity. Internal audits are considered as a part of the overall system…