• Source: Ministry of Corporate Affairs

The Ministry of Corporate Affairs is an Indian government ministry primarily concerned with administration of the Companies Act 2013, the Companies Act 1956, the Limited Liability Partnership Act, 2008, and the Insolvency and Bankruptcy Code, 2016.
It is responsible mainly for the regulation of Indian enterprises in the industrial and services sector. The ministry is mostly run by civil servants of the ICLS cadre. These officers are selected through the Civil Services Examination conducted by Union Public Service Commission. The highest post, Director General of Corporate Affairs (DGCoA), is fixed at Apex Scale for the ICLS. The current minister is Nirmala Sitaraman.




Administration


The ministry administers the following acts:

The Companies Act, 2013
The Companies Act, 1956
Insolvency And Bankruptcy Code, 2016
The Competition Act, 2002
The Monopolies and Restrictive Trade Practices Act, 1969
The Chartered Accountants Act, 1949 [As amended by the Chartered Accountants (Amendment) Act, 2006]
The Company Secretaries Act, 1980 [As amended by The Company Secretaries (Amendment) Act, 2006][1]
The Cost and Works Accountants Act, 1959 [As Amended By The Cost And Works Accountants (Amendment) Act, 2006][2]
Companies (Donation to National) Fund Act, 1951
The Indian Partnership Act, 1932
Societies Registration Act, 1860
The Companies Amendment Act, 2006
The Limited liability Partnership Act, 2008
In August 2013, The Companies Act, 2013 was passed to regulate corporations by increasing responsibilities of corporate executives and is intended to avoid the accounting scandals such as the Satyam scandal which have plagued India. It replaces The Companies Act, 1956 which has proven outmoded in terms of handling 21st century problems.
The Ministry has constituted a Committee for framing of National Competition Policy (India) and related matters (formulate amendments in the Act) under the Chairmanship of Dhanendra Kumar, former chairman of Competition Commission of India.




Training academies


Indian Institute of Corporate Affairs (Only for Union Civil Service Staff Training)




National apex bodies


Indian Institutes of Management




Statutory professional bodies


Institute of Chartered Accountant of India
Institute of Company Secretaries of India
Institute of Cost and Management Accountants of India
Institution of Valuers
All India Management Association




Statutory bodies


Competition Commission of India (CCI)
Insolvency and Bankruptcy Board of India (IBBI)
Investor Education and Protection Fund Authority (IEPFA)
National Company Law Appellate Tribunal (NCLAT)
National Company Law Tribunal (NCLT)
National Financial Reporting Authority (NFRA)
Registrar of Companies
Serious Fraud Investigation Office




List of ministers of state






See also


Registrar of Companies, India
List of company registers
Indian Institute of Corporate Affairs
Ministry of Cooperation (India)
List of agencies of the government of India




References






External links


Official website

Kata Kunci Pencarian:

• Kementerian Luar Negeri (Singapura)
• Kementerian Luar Negeri Singapura
• Singapura
• Kallam Anji Reddy
• Prem Watsa
• Kemitraan Trans-Pasifik
• Siti Nurhaliza
• Euklides Tsakalotos
• Nagapattinam
• Sarawak
• Ministry of Corporate Affairs
• Corporate Identification Number
• Companies Act 2013
• Indian Institute of Corporate Affairs
• Indian Corporate Law Service
• Corporate Affairs Commission
• Institute of Company Secretaries of India
• The Institute of Chartered Accountants of India
• Institute of Cost Accountants of India
• Limited liability partnership