Cabinet Approves IBC Amendment Bill: Group Insolvency, Cross-Border Framework, and Creditor-Initiated Resolution

What Happened The Union Cabinet on March 10, 2026 approved the Insolvency and Bankruptcy Code (Amendment) Bill, 2025, incorporating recommendations from the Parliamentary Select Committee. Originally introduced in the Lok … Read More

MCA Amends Accounting Standard AS-22: Pillar Two Income Taxes Exemption from Deferred Tax Recognition

The Ministry of Corporate Affairs (MCA) has issued a notification dated March 10, 2026, introducing the Companies (Accounting Standards) Amendment Rules, 2026. The amendment modifies AS-22 (Accounting for Taxes on … Read More

MCA Director KYC Goes Triennial: Key Changes Effective March 31, 2026 – What Directors Must Do Now

In a significant move to ease the compliance burden on India’s corporate directors, the Ministry of Corporate Affairs (MCA) has replaced the annual Director KYC requirement with a simplified triennial … Read More

Companies Compliance Facilitation Scheme (CCFS) 2026: MCA’s One-Time Window for Regularising Pending ROC Filings

The Ministry of Corporate Affairs (MCA) has announced the Companies Compliance Facilitation Scheme (CCFS) 2026, a one-time amnesty window under Sections 403 and 460 of the Companies Act, 2013. The … Read More