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Thursday, September 25, 2025
TopicMinistry of Corporate Affairs

Topic: Ministry of Corporate Affairs

Did SC judge condone delay? Legal tug of war over control of Delhi Gymkhana takes peculiar turn

Ministry of Corporate Affairs has described erstwhile Gymkhana management’s claim over delay in filing appeal not being condoned as ‘wholly incorrect’.

Why flagship PM Internship Scheme is off to a stuttering start with low turnout, high attrition

Despite a lot of initial interest, scheme plagued by hurdles since 1st round launch in October 2024. Corporate affairs ministry makes changes in round two to make scheme more viable.

Pilot project of PM’s internship scheme offers 1.25 lakh jobs in 2024-25; target 1 cr in next 5 yrs

The Ministry of Corporate Affairs said these internships will be at India’s top 500 companies, based on their corporate social responsibility expenditure over the last 3 years.

NCLAT upholds govt takeover of Delhi Gymkhana Club, but sets March 2025 deadline for reforms

NCLAT says club’s affairs were formerly being conducted in manner prejudicial to public interest, but adds govt-appointed committee can't supersede the club management indefinitely.

Ministry of Corporate Affairs orders inspection into Byju’s account books, reports Bloomberg

Troubles have been mounting for the edtech company, with the company falling behind in payments to a national pension fund.

Corporate Affairs Ministry reviews Adani Group financial statements, says report

Gautam Adani-led group is battling a stock market rout which was triggered by the Hindenburg report on 24 January and this week scrapped a $2.5 billion share sale.

‘Fake address, intent to defraud’: Why India is cracking down on firms with Chinese directors

Registrar of Companies has lodged 39 FIRs in Mumbai alone against companies with foreign directors or shareholders. Officials are tight-lipped but complaints show common patterns.

Carlsberg’s Indian unit under investigation following allegations of potential fraud

Carlsberg’s partner Khetan Group in 2019 had alleged that the Indian unit was offering illegal trade discounts and was engaged in fraudulent practices for sales promotion.

More wine & cigarettes, less sport — why Delhi Gymkhana Club was ‘taken over’ by govt

NCLT dissolved Delhi Gymkhana Club’s general committee last year on various allegations made by govt. NCLAT has upheld that verdict, and govt has appointed an administrator.

Delhi Gymkhana moves NCLAT, says clubs have absolute freedom to govern themselves

At NCLAT, Delhi Gymkhana Club challenges 26 June order passed by NCLT, which had directed the government to appoint two members on the club's general committee.

On Camera

Bads of Bollywood brought Emraan Hashmi out of our guilty pleasure closet, made him cool

With his cameo in Bads of Bollywood, Emraan Hashmi, who has long shifted away from his signature bold image, got the chance to revive his boyhood charm.

Market regulator SEBI clears Adani Group of impropriety alleged by Hindenburg Research

SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.

Govt inks deal with HAL for 97 new Tejas Mk1A; previous order’s deliveries likely to begin next yr

There were no plans to have Mk1A version. However, compromise was reached between HAL & IAF in 2015 since original plan for getting Mk2 would've been time-consuming affair.

India doesn’t give walkovers to Pakistan in war. Here’s why it shouldn’t do it in cricket either

Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.