Stay updated with the latest news and articles about Ministry of Corporate Affairs.
Suprajit Chuhatsu Control Systems will focus on the manufacturing and trading of control cables, transmission cables, and associated mechanisms for the automotive industry, catering to both domestic and international markets.
As part of the incorporation, IGL will subscribe to 10,000 equity shares of IGL Spirits, at a face value of ₹10 each, for a total amount of ₹1,00,000. The new subsidiary will initially be capitalized with a paid-up capital of ₹1,00,000 and an authorized capital of ₹5,00,000.
Enforcement Directorate initiates probe on undeclared foreign currency possession and diversion of funds allegations
Ministry of Corporate Affairs investigates related party transactions and governance issues
The approval for disinvestment of the Shipping corp was approved in November 2020 by the cabinet. The SCI is the largest India shipping company. The SCI was conferred the 'navratna' status in 2008.
With limited operational guidelines in several cities during the second wave and low consumer sensibility, the result on retailers, specifical apparel, was quite critical.