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IICA Conducts Specialised Training on Corporate and Insolvency Laws for IES and ITS Officers

Newsmantra — Thu, 05 Feb 2026 06:57:06 +0000

NEW DELHI. The Indian Institute of Corporate Affairs (IICA), under the Ministry of Corporate Affairs, has organised a specialised training programme on the Companies Act, Competition Law and the Insolvency and Bankruptcy Code for 21 officers of the Indian Economic Service and Indian Trade Service. The programme is being held from February 2 to 6, 2026, at the IICA campus in IMT Manesar, with the objective of strengthening participants’ understanding of corporate regulatory frameworks, governance practices and their application in public policy and administration.

The programme aims to sensitise officer trainees to critical areas such as corporate finance, competition regulation and insolvency law, while aligning the curriculum with their professional roles and responsibilities. Participants will gain insights into the management of company affairs, powers and investigative functions of the Competition Commission of India, regulatory governance, anti-competitive practices, debt and default, data-driven decision-making, drafting and legislative intent, and the Corporate Insolvency Resolution Process. The training also covers the roles of the National Company Law Tribunal and the National Company Law Appellate Tribunal, providing practical exposure to contemporary corporate and insolvency frameworks.

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MCA to Open New Regional Directorates and Registrar of Companies Offices from February 2026

Newsmantra — Fri, 02 Jan 2026 07:28:12 +0000

NEW DELHI. In a major step towards strengthening regulatory facilitation and enhancing Ease of Doing Business, the Ministry of Corporate Affairs (MCA) has announced the establishment of three new Regional Directorates (RDs) and six new Registrar of Companies (RoCs), effective from 16 February 2026. The restructuring aims to improve administrative efficiency and provide better services to businesses across various regions of the country.

In the northern region, the existing Regional Directorate at Delhi has been bifurcated into RD (NR-I) at New Delhi, covering NCT of Delhi and Uttar Pradesh, and RD (NR-II) at Chandigarh, covering Haryana, Himachal Pradesh, Punjab, Uttarakhand, and the UTs of Chandigarh, Ladakh and Jammu & Kashmir. Correspondingly, RoC Delhi has been split into three offices—two for different districts of NCT of Delhi and one new RoC at Chandigarh for Haryana. Additionally, a new RoC at Noida has been created by carving out 17 western districts of Uttar Pradesh from RoC Kanpur.

Similarly, the Western Region has been reorganized with RD (WR-I) at Mumbai for Mumbai districts, Goa and Daman & Diu, and RD (WR-II) at Navi Mumbai for the rest of Maharashtra. RoC Mumbai has been split into Mumbai-I and Mumbai-II, and a new RoC at Nagpur will cater to Vidarbha and parts of Marathwada. Further, a new South-Western Regional Directorate has been established at Bengaluru for Karnataka, Kerala and Lakshadweep, while RoC Kolkata has been divided into two offices to separately handle Kolkata district with Sikkim and the rest of West Bengal.

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Secretary, MCA Visits IICA for Review and Deliberations

Newsmantra — Mon, 01 Sep 2025 12:57:52 +0000

Secretary, Ministry of Corporate Affairs (MCA), Smt. Deepti Gaur Mukherjee visited the Indian Institute of Corporate Affairs (IICA) on 29 August 2025, where she was welcomed by officials from IICA, CRC, CPAC, CPACE and ICLS. DG & CEO Shri G. K. Singh delivered a presentation in the presence of faculty members and senior MCA officials. The visit included key discussions, assignment of follow-up responsibilities, a review of infrastructure and activities at Facility Centres/CRC, and a campus tour, concluding with fruitful deliberations and clear directives for action.

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IICA’s Role in Promoting Responsible Business Conduct

Newsmantra — Tue, 22 Jul 2025 05:57:04 +0000

The Indian Institute of Corporate Affairs (IICA), operating under the Ministry of Corporate Affairs, plays a key role in fostering responsible business practices through academic research, capacity building, and advocacy. As part of this mandate, IICA launched its programme on responsible business conduct and hosts the National Conference on Responsible Business Conduct (NCRBC) annually. This conference facilitates multi-stakeholder dialogue, knowledge exchange, and skill enhancement on responsible business themes. While it promotes a shared understanding of good practices and supports academic development in the area of business responsibility, the conference is not a regulatory or policymaking platform and does not entail formal government follow-up mechanisms.

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Govt Tightens CSR Norms to Boost Transparency and Accountability

Newsmantra — Mon, 21 Jul 2025 06:02:03 +0000

NEW DELHI. In a move aimed at strengthening the governance of Corporate Social Responsibility (CSR) spending, the Ministry of Corporate Affairs (MCA) has implemented stricter compliance norms through a revised CSR-1 form, effective July 14, 2025. The new rules are designed to enhance transparency, traceability, and accountability in CSR implementation by partner organizations.

Key Changes in CSR Compliance:

Stricter Eligibility Norms

Only organizations registered under Section 12A, 80G, or 10(23C) of the Income Tax Act are now eligible to register for CSR funding. This move is expected to ensure financial credibility and regulatory oversight of implementing agencies.

Mandatory Track Record

NGOs and other entities not set up directly by a company must now demonstrate at least three years of experience in similar developmental work to qualify for CSR partnerships.

Digital Verification for All email addresses submitted must be OTP verified, and the form must be digitally signed by an authorized representative of the organization.

Complete Board Disclosure Required

Entities must now provide comprehensive details of their Board of Directors, trustees, or senior executives—specifically PAN numbers, designations, and verified email IDs.

Professional Certification Now Mandatory

The revised CSR-1 form must be digitally certified by a Chartered Accountant (CA), Company Secretary (CS), or Cost and Management Accountant (CMA). Importantly, the certifying professionals will now be legally accountable for any false or misleading information submitted.

These reforms reflect the government’s intent to ensure that CSR funds are utilized effectively, and only by organizations that meet rigorous financial, ethical, and operational standards. Companies are advised to thoroughly vet their CSR partners and ensure full compliance with the updated guidelines.

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MCA Introduces New Web-Based CSR-1 Form to Strengthen Oversight of CSR Activities

Newsmantra — Tue, 15 Jul 2025 10:46:21 +0000

NEW DELHI. The Ministry of Corporate Affairs (MCA) has launched a revamped, web-based Form CSR-1, effective from July 14, 2025, aimed at improving transparency and accountability in corporate social responsibility (CSR) initiatives. The new form is now mandatory for all entities—including Section 8 companies, registered public trusts, registered societies, and entities created by Acts of Parliament or State Legislatures—that intend to implement CSR activities on behalf of companies. These entities must register with the Central Government through the updated CSR-1 before undertaking any CSR projects mandated under Section 135 of the Companies Act, 2013.

The new form requires comprehensive entity details, PAN-based verification, OTP-verified email IDs, and digital signatures from authorized personnel. It also mandates professional certification by a practicing CA, CS, or CMA, and proof of registration under Section 12A and approval under Section 80G of the Income Tax Act, 1961. While entities previously registered under the old CSR-1 format are not required to re-register, all new applicants must now comply with the updated online format. This initiative is expected to enhance corporate due diligence, improve the credibility of implementing agencies, and foster a more transparent and efficient CSR ecosystem in India.

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IOD Delegation Meets Senior Officials at Ministry of Corporate Affairs

Newsmantra — Mon, 14 Apr 2025 06:24:44 +0000

A high-level delegation from the Institute of Directors (IOD), India, recently met with Ms. Deepti Gaur Mukherjee, IAS, Secretary of the Ministry of Corporate Affairs (MCA), and Mr. D. Balamurugan, IAS, Joint Secretary, MCA, to discuss potential amendments to the Companies Act, 2013, aimed at aligning the legislation with the evolving landscape of corporate governance in India.

The delegation, led by Lt. Gen. Surinder Nath, PVSM, AVSM (Retd.), President of IOD, included prominent members such as Mr. Desh Deepak Verma, IAS (Retd.), Principal Advisor; Mr. Sailesh, IAS (Retd.), Senior Strategic Advisor; Dr. Sameer Sharma, IAS (Retd.), Honorary Chairman, IOD Hyderabad Region; Mr. Pradeep Chaturvedi, Vice President; and Mr. Manoj K. Raut, CEO & Secretary-General of IOD. The discussion was constructive and focused on strengthening India’s corporate governance framework in line with global best practices.

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Landmark National Conference on Responsible Business Conduct Concludes

Newsmantra — Fri, 06 Sep 2024 08:16:05 +0000

The Indian Institute of Corporate Affairs (IICA), a think tank of the Ministry of Corporate Affairs, successfully concluded the National Conference on Responsible Business Conduct in collaboration with the Ministry of Environment, Forest and Climate Change, Mission LIFE, and the Ministry of MSMEs. The two-day conference, themed “Escalating ESG for Viksit Bharat”, brought together policymakers, industry leaders, and experts to discuss the role of Environmental, Social, and Governance (ESG) principles in advancing India’s sustainable development goals by 2047.

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