Hetal Shah Appointed As Executive President And Head – EPC Of Polycab India
Hetal Shah has been appointed as Executive President and Head - EPC of Polycab India Limited with effect from October 3, 2024.
September Witnessed Decline Of 21% In Company Registrations, 8% Rise In LLP
September saw a noticeable decrease in the number of new company registrations in India, but limited liability partnerships (LLPs) continued to climb steadily.
Company Registrations Fall For Fourth Consecutive Month, LLPs Defy Trend To Grow 22%
New company registrations in India dropped by 4.1% year-on-year in August, following an 11% decline in the previous month, according to the latest data from the Ministry of Corporate Affairs.
TMB appoints R. Kanagavalli as Additional (Independent) Director
The Board of Directors of Tamilnad Mercantile Bank Limited has approved the appointment of Ms. R. Kanagavalli as an Additional Director (Independent) on the Board of the Bank for three years, with effect from August 19, 2024.
LLP and company registrations hit a record high in FY24
In January, India saw a significant increase in the number of new companies being formed compared to the previous year.
The government tightens rules for LLPs to Enhance Transparency
The government has made the rules stricter for limited liability partnerships (LLPs). Now, LLPs must keep a record of their partners, including their contributions and interests.
In a new record for incorporations 102,611 companies and LLPs registered by August
During the first four months of the current Financial Year, a total of 102,611 registrations of companies and limited liability partnership (LLP) firms were recorded, setting a new record in business incorporations.
A record 82,628 Companies and LLPs Were Incorporated between April and July: MCA
The Ministry of Corporate Affairs (MCA) reported on 2nd August 2023 that a record-breaking 82,628 companies and limited liability partnership (LLP) organizations were incorporated on the MCA21 platform in the first four months of this fiscal year.
Trident Texofab’s Independent Director Vrusti Bhumik Patel resigns
VrustiBhumik Patel the Independent Director of Trident Texofab Ltd has resigned from his post on 15th July 2023.
The MCA will step up its war on shell companies
The Ministry of Corporate Affairs (MCA) is planning to strengthen its crackdown on non-functional or shell companies, as it has already taken action against hundreds of thousands of such firms that are often used for illicit purposes such as money laundering.
