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    Registration of One- Person Company
    Implementation of the New Company Law
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    Investigation of Corporate Frauds by Serious Fraud Investigation Office
    Complete Switchover to Online Mode for Registration and Enrolment at ICSI from 1.1.2014
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    Suggestions Invited for the 5TH and 6TH Tranche of Draft Rules Under the Companies Act 2013
    3rd BRICS International Competition Conference, 2013 inaugurated
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    Date Extended for Giving Suggestions for the 3rd & 4th Tranche of Draft Rules Under the Companies Act 2013
    Investor Awareness Programmes during the Current FY Cross the 800 Mark
    Date Extended for Giving Suggestions for the 3rd & 4th Tranche of Draft Rules Under the Companies Act 2013
    Time Period Ends for Giving Suggestions for the 3rd & 4th Tranche of Draft Rules Under the Companies Act 2013
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December 6, 2013
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One Person Company registration rules pending notification after stakeholder consultation; Companies Act provisions not yet in force.
Draft rules for registration of a One Person Company for small entrepreneurs have been prepared and will be notified after stakeholder comments and legal vetting; the relevant provisions of the Companies Act are not yet in force.
December 6, 2013
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Implementation of Companies Act: many sections notified while provisions needing rules, including dormant company regime, remain pending consultations.
Implementation of the Companies Act proceeds by selective notification of sections while provisions dependent on subsidiary Rules, such as the dormant company concept, remain uncommenced pending formulation of Rules and coordinated stakeholder and regulator consultations to ensure aligned operationalisation.
December 6, 2013
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National Company Law Tribunal operationalisation delayed as enabling provisions remain uncommenced, pending detailed rules and arrangements.
Detailed rules and administrative arrangements to operationalise the National Company Law Tribunal are under preparation, and the enabling provisions in the Companies Act have not yet been brought into force, leaving the Tribunal's institutional and procedural framework uncommenced.
December 6, 2013
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Corporate fraud investigations strengthened by statutory SFIO powers and enhanced enforcement tools to tackle fraudulent corporate schemes.
A specialised investigative agency has been deployed in numerous corporate fraud probes, including group-level chit fund inquiries, alongside reforms: statutory definition of fraud in corporate law, enhanced corporate governance, statutory status and powers for the investigative agency, securities law amendments to strengthen market enforcement, and expanded use of data mining and forensic audit techniques to detect fraud.
December 6, 2013
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Online registration and enrolment required for company secretary course access; students must apply through the institute's portal.
The Institute requires exclusive use of its digital portal for online registration and online enrolment for the Company Secretary course; registration for Foundation, Executive and Professional levels and exam enrolments must be processed through the Institute's online system, supported by animated online help to guide students in completing the procedures.
December 6, 2013
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Market surveillance unit strengthened through technology and skilled manpower to enhance corporate investigation inputs and inter-agency sharing.
The Market Research and Analysis Unit conducts market surveillance and media analysis to produce investigatory inputs for corporate matters and shares those inputs with other investigating bodies; an Expert Committee recommended adopting upgraded technology and recruiting skilled personnel in finance, statistics and technology, and those recommendations are being implemented to strengthen the unit's analytic capacity.
December 6, 2013
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Search and Seizure Powers for competition regulator proposed, enabling direct investigations and monetary penalty recovery mechanisms.
The proposed amendment would grant the competition regulator direct search and seizure powers to strengthen investigations into unfair market practices; the Bill is under parliamentary committee review. Monetary penalties have been imposed on multiple parties and partial recovery of those penalties is effected pursuant to the regulations governing the manner of monetary penalty recovery, with recovered sums deposited into government accounts.
December 6, 2013
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Managerial remuneration limits: Managing and Whole Time Directors tied to a share of net profits; non whole time directors capped lower.
Board level managerial remuneration under the Companies Act is subject to fixed limits tied to net profit: remuneration for a Managing Director or Whole Time Director is capped at ten percent of net profit, while remuneration for Non Whole Time Directors is capped at one percent of net profit.
December 6, 2013
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Private placement compliance: strengthened oversight to curb misuse by unlisted companies under Companies Act provisions.
Action targets misuse of the private placement route by unlisted companies, relying on private placement regulation within the Companies Act framework; draft rules on private placements have been issued for public comment to implement procedural compliance and enable enforcement against non-compliant issuers.
December 6, 2013
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Public procurement regulation advances transparency and competition in central government contracting, imposing accountability and fair bidder treatment.
The Public Procurement Bill, 2012 aims to regulate public procurement by Central Government Ministries/Departments, CPSEs and controlled bodies to ensure transparency, accountability and probity, require fair and equitable treatment of bidders, promote competition, and enhance efficiency and economy while maintaining integrity and public confidence; the Bill is under examination by the Parliamentary Standing Committee on Finance.
November 21, 2013
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Draft rules consultation on winding-up and cost audit invites public comments, enabling stakeholders to influence rule-making.
Invitation for stakeholder input on draft rules under the Companies Act, 2013 concerning winding-up procedures (fifth tranche) and cost audit requirements (sixth tranche), with separate submission deadlines for each tranche. All draft rules and the Act are available on the ministry website, and the consultation follows earlier tranches whose comment periods have closed.
November 21, 2013
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Competition neutral procurement policies reduce bid rigging, enhance procurement efficiency, and promote competitive market outcomes across jurisdictions.
The conference emphasises adoption of competition neutral procurement policies, removal of unnecessary restrictions, and improved tender design to reduce bid rigging and strengthen competitive procurement markets. It also stresses the need for calibrated regulation to protect consumers while promoting affordable products, quality, and innovation, and calls for cooperation among competition authorities to address shared enforcement challenges.
November 19, 2013
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Foreign direct investment approvals and routing decisions issued, with sectoral permissions and specified administrative outcomes following FIPB review.
The Government cleared twenty FDI proposals across sectors permitting transactions including fresh equity issuances, NR to NR share transfers, ECB conversion to equity, joint ventures, LLP formation and warrants issuance; aggregate approved inflows are recorded. Additional outcomes: two proposals deferred, two rejected, one advised to use the automatic route, one found not to need FIPB approval, one to reapply after court approval of a scheme, two kept in abeyance, and one high value proposal recommended to a higher executive committee due to threshold exceedance.
November 19, 2013
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Competition enforcement cooperation to showcase India as an investment destination and strengthen regulatory dialogue among authorities.
The conference convenes BRICS competition authorities under CCI leadership to exchange enforcement experiences, formalize cooperation through the Delhi Accord, and position the regulator to promote a level playing field and investment attraction while consultations continue on a draft National Competition Policy.
November 18, 2013
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Public consultation on draft rules under Companies Act extended for comments on deposits, SFIO, NFRA, and IEPF.
Extension of the public consultation period was announced for draft rules under the Companies Act, 2013 covering deposits, the Serious Fraud Investigation Office, the National Financial Reporting Authority, and the Investor Education and Protection Fund Authority; stakeholders are directed to the Ministry of Corporate Affairs website for the draft texts and to submit suggestions within the extended timeframe.
November 13, 2013
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Investor awareness programmes expand nationwide, adding rural outreach and centralized funding support under ministry-led institute partnerships.
The Ministry of Corporate Affairs has expanded Investor Awareness Programmes through three professional institutes, delivering over eight hundred programmes in the current financial year to date, supported by a central budget allocation and monthly deployment. The initiative now includes rural outreach implemented via a contracted e governance service provider, combining earmarked funding, institutional partnerships, and third party operational support to extend investor education and financial literacy.
November 6, 2013
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Public consultation deadline extended for draft Companies Act rules on deposits, fraud investigation, regulatory framework and investor protection.
Extension of public consultation period for draft rules under the Companies Act, 2013 has been announced, lengthening time for stakeholders to submit suggestions on the 3rd and 4th tranches. The extension covers draft rules on deposit regulation, investigation of serious corporate fraud, a national financial regulatory framework, and investor education and protection authority and fund administration. All drafts and the Act text are available on the Ministry website for review.
November 5, 2013
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Draft rules under Companies Act open for public suggestions on deposit, SFIO, NFRA and IEPF frameworks.
Public consultation closed on draft rules under the Companies Act concerning deposits regulation, the fraud-investigation regime, a national financial regulatory framework, and the Investor Education and Protection Fund authority; the ministry solicited public suggestions and published the drafts and statute on its website for review and comment.
October 30, 2013
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Public consultation on regulatory reform closes; stakeholders urged to submit comments on committee reform recommendations.
A public consultation deadline requires submission of comments to the Ministry of Corporate Affairs on the Damodaran Committee Report; stakeholders must send comments to Assistant Director Smt. Kamna Sharma at the Ministry's specified email and the Report is available on the Ministry website. The Committee, formed in response to World Bank Doing Business rankings, submitted recommendations classified as legal reforms, regulatory architecture, regulatory process efficacy, MSME enablement, and State level issues, and the Ministry is considering these recommendations and their implementation time frame.
October 29, 2013
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Company electronic filings surge after portal capacity and workflow upgrades, enabling a record daily filings peak during filing season.
Corporate electronic filing volumes reached a record single-day high on the national corporate filing portal, driven by enhancements to system capacity and infrastructure to accommodate peak seasonal demand. The portal entered a renewed operational cycle that introduced technical and process improvements-network bandwidth increases, upgraded hardware and servers, CRM and workflow integration, and enhanced monitoring tools-targeted to manage peak filing windows and stabilise service delivery during high-demand periods.

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