What is the Ministry of Corporate Affairs (MCA)?

894patel.nikita ∙

Lvl 10

∙ 10mo ago

Updated: 12/4/2024

The Ministry of Corporate Affairs is a government body responsible for regulating corporate entities and overseeing compliance with company laws in India. Established to enforce and administer the Companies Act, the MCA plays a pivotal role in maintaining the integrity and transparency of corporate operations.

Functions of the MCA

Regulation and Administration: Enforcing the Companies Act and related legislation.

Corporate Governance: Promoting ethical business practices.

Investor Protection: Safeguarding the interests of investors and stakeholders.

Facilitating Business: Simplifying procedures for company registration and compliance.

894patel.nikita ∙

Lvl 10

∙ 10mo ago

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