Regulatory portal upgrade suspends LLP filings during transition; nine company forms migrate to the new MCA21 platform.
The announcement describes a phased rollout of MCA21 version-3.0 to enhance enforcement and ease of doing business, noting Phase 1 and Phase 2 deployments and planned modules. LLP filings will be unavailable from 27 August to 28 August to enable migration while the V 2 company portal remains active. Nine company forms are scheduled to go live on the new platform, and FAQs, demos and webinars have been made available to assist stakeholders.

Corporate Social Responsibility awards recognise CSR initiatives after a three-stage nomination, verification and Grand Jury selection process.
The Ministry announced National CSR Awards 2020 across three main categories-Corporate Awards for Excellence in CSR, CSR Awards for CSR in Aspirational Districts / Difficult Terrains, and CSR Awards for contribution in National Priority Areas-with winners and Honourable Mentions listed by sub category. Recognition links to compliance with Section 135 of the Companies Act, 2013, includes MSME reservations, and is determined through a three stage process of online nomination, shortlisting and field verification, and Grand Jury recommendation emphasizing independent assessment of CSR projects.

Ineligible resolution applicants prevented from taking over; regulator disposed majority of grievances and enforces due diligence.
The IBBI received 6,231 complaints and disposed of 6,172; the Ministry of Corporate Affairs does not participate in CIRP. Resolution plans are market-driven, assessed by the Committee of Creditors and approved by the Adjudicating Authority. Regulatory safeguards address ineligible resolution applicants: Resolution Professionals must conduct due diligence to detect ineligibility, CoC commercial vetting precedes AA approval, and liquidators are barred from selling assets to persons who would be ineligible as resolution applicants. Enforcement agencies have pursued isolated complaints against practitioners.

Removal of company names under Section 248 continues, with extensive strike-offs and dormant status under Section 455.
Removal of a company's name from the Register of Companies is governed by Section 248, which permits strike-off where a company has not carried on business for two consecutive financial years and has not applied for dormant company status under Section 455; administrative data show substantial numbers of strike-offs over five years and separate counts of companies granted dormant status, while no rule-making power exists under the voluntary liquidation provision of the Insolvency and Bankruptcy Code and no targeted measures have been reported to address industrial sickness.

Company and LLP registration trends show year on year increase; expanded financial reporting enforcement recommended.
Registrations of companies and limited liability partnerships increased year on year under the statutory incorporation framework, and the Company Law Committee recommended expanding the enforcement scope of the national financial reporting oversight body to permit action for additional contraventions under the governing rules.

Insolvency and Bankruptcy Code training enhances trainee officers' grasp of insolvency processes, regulator roles and institutional elements.
The training programme focused on the Insolvency and Bankruptcy Code, 2016, covering the regulator's role, grievance redressal and disciplinary mechanism, and practical case studies of insolvency processes including the Corporate Insolvency Resolution Process, liquidation, voluntary liquidation, fast track resolution, and individual insolvency, and introduced institutional components such as Adjudicating Authority, Insolvency Professionals, Insolvency Professional Agencies, Information Utilities, Creditors, Registered Valuers, and Financial Service Providers.

Merger control approval: acquisition of road-project SPVs by an InvIT approved, units issued as consideration.
The CCI approved an acquisition by Shrem InvIT of 100% equity in ten Target SPVs holding road infrastructure projects under Section 31(1) of the Competition Act, 2002, with consideration to include issuance of units of Shrem InvIT to Dilip Buildcon Limited and its associates; Shrem InvIT is a registered InvIT and the Target SPVs were incorporated to develop specified road projects.

Account aggregator system onboarding: public sector banks instructed to complete implementation by end of July to strengthen rural banking.
The Finance Minister directed public sector banks to onboard the account aggregator system by the end of July, urged sponsor banks and the IBA to prepare a time bound roadmap and lead technological advancements for RRBs, and ordered time bound disposal of pending Kisan Credit Card (KCC) applications alongside saturation camps and periodic performance reviews to extend KCC benefits to eligible animal husbandry, dairying and fisheries beneficiaries.

Business Reforms Assessment drives competitive federalism and categorises states by implementation effectiveness to boost ease of doing business.
Assessment under the Business Reforms Action Plan 2020 places States/UTs into four categories-Top Achievers, Achievers, Aspirers and Emerging Business Ecosystems-based on implementation of 301 reform points across 15 regulatory areas, 118 newly added measures and 72 sector-specific action points. The methodology gives full weight to ground-level user feedback, uses categorical placement rather than rankings to promote peer learning and competitive-collaborative federalism, and aims to strengthen investor confidence and the ease of doing business nationwide.

Business reform assessment released assessing state implementation and sectoral reform rollout based on business feedback.
The assessment report evaluates State and UT implementation of BRAP 2020, covering 301 reform points across 15 regulatory areas and introducing 72 sectoral reforms across nine sectors; it is based on feedback from business users and measures quality of implementation. DPIIT serves as the institutional anchor for Ease of Doing Business, coordinating with States and UTs to promote an investor friendly regulatory environment and institutionalize reforms such as single window systems, access to information, labour and environmental measures.

Overseas investment limits: mutual funds may resume foreign stock investments up to available headroom under existing caps.
Sebi authorised mutual funds to resume subscriptions and invest in overseas equities up to the available headroom without breaching the aggregate overseas investment cap as measured at end of day February 1, 2022, and required that total overseas utilisation by each AMC or mutual fund remain capped at the February level.

Sustainable development as a constitutional mandate shaping corporate ESG and CSR compliance and reporting frameworks.
The document emphasises integration of sustainable development into corporate practice through the Companies Act CSR mandate, the National Voluntary Guidelines and the National Guidelines on Responsible Business Conduct, and by noting SEBI's business responsibility and sustainability reporting requirement for the largest listed companies. It frames sustainable development as constitutionally recognised under Article 21 and links that principle to policy priorities of regulatory simplification and trust based governance, while highlighting a transitional shift from CSR to comprehensive ESG approaches with focus on gender sensitive governance and capacity building.

Competition law conference spotlights antitrust enforcement and regulation of combinations to advance policy dialogue and engagement.
The Competition Commission of India is organising a National Conference on Competition Law under Azadi Ka Amrit Mahotsav, featuring two technical sessions on Antitrust Enforcement and Regulation of Combinations. Senior government and CCI officials will inaugurate the event and release CCI advocacy materials, while each session will be chaired by CCI members and moderated by media editors to promote policy dialogue and stakeholder engagement on enforcement and merger regulation.

Independent oversight of audit: seminar to advance financial reporting quality and share global audit review practices.
NFRA convenes a seminar to strengthen a high quality financial reporting framework through effective independent oversight, assembling domestic and international audit and accounting experts to discuss audit quality review practices and the role of independent regulators, alongside outreach activities including a student quiz and prior webinars to promote awareness of auditing and accounting standards.

Public financial literacy initiative expands nationwide through coordinated market-education conferences to promote investment and market participation.
DIPAM is organising a nationwide conference under the Azadi Ka Amrit Mahotsav initiative to promote public understanding of market-based wealth creation and government measures supporting financial growth. The programme includes a ministerial inaugural address and local sessions with financial experts addressing capital markets growth and future prospects, women as investors, the role of government and market players in market confidence, and financial literacy. The events will be conducted in major Indian languages across all states and territories to maximise accessibility and public engagement.

Freedom to exit: conference highlights insolvency code's market-directed, time-bound resolution mechanism and entrepreneurial liberty debate.
The Insolvency and Bankruptcy Board of India is holding a conference on Entrepreneurship Liberty emphasising free entry, free competition and freedom to exit, and the role of the Insolvency and Bankruptcy Code, 2016 as a market directed, time bound mechanism for insolvency resolution and orderly exit; the event brings together regulators, adjudicators, insolvency professionals, creditors, practitioners and academics and includes the release of a research volume of 26 papers.

Digital tracking and administration portal launched to support Indian Development and Economic Assistance Scheme and related outreach.
Launch of the NETRA portal and mobile application for the Indian Development and Economic Assistance Scheme to enable electronic tracking and remote administration of externally aided projects; concurrent public release of a short film on Externally Aided Projects and screening of NSDL's investor-education programme to support financial awareness, discipline, and expanded participation of retail and women investors.

Decriminalisation of corporate law strengthens facilitation alongside regulation; special IEPF refund window for senior citizens launched.
The Ministry of Corporate Affairs emphasised facilitation alongside regulation, noting enactment of the Insolvency and Bankruptcy Code and decriminalisation of technical and procedural offences, and announced operational measures including a Special Window Facility for senior citizens to seek refunds from the IEPF Authority, release of governance and literacy materials, an Investor Oath, and the National CSR Exchange Portal to strengthen investor protection and stakeholder engagement.

BRICS financial cooperation advances infrastructure investment, multilateral banking mechanisms, and policy dialogue to support inclusive growth.
BRICS finance ministers and central bank governors advanced BRICS Financial Cooperation, addressing infrastructure investment, the New Development Bank, the Contingent Reserve Arrangement, and establishment of a BRICS Think Tank Network for Finance. India emphasised growth driven by fiscal spending and an investment push, pairing macro-level expansion with micro-level inclusive welfare measures to support a sustainable, inclusive economic trajectory.

Multilateralism advances: New Development Bank's role in mobilising development finance and expanding membership for emerging markets.
The Finance Minister chaired the NDB's 7th Annual Meeting virtually, stressing multilateralism and the Bank's role in mobilising resources for infrastructure and sustainable development for BRICS and other EMDCs. The meeting highlighted the theme "NDB: Optimising Development Impact," noted membership expansion, affirmed operational progress including project approvals for member countries, and welcomed the planned India Regional Office at GIFT City as part of strengthening the Bank's development engagement.