Guidelines Issued for Foreign Directors in Section 8 Companies The Ministry of Corporate Affairs (MCA) has issued comprehensive guidelines for the appointment and functioning of foreign directors in Section 8 companies, marking a significant step in regulating...

Section 8 Entities to Submit Online Audit Reports In a significant development aimed at enhancing fiscal transparency, the Ministry of Corporate Affairs (MCA) has mandated that all Section 8 companies submit their audit reports exclusively through the online portal of...

Special Grievance Cell Launched for Section 8 Complaints In a landmark step toward safeguarding transparency and ethical operations in the non-profit sector, the Ministry of Corporate Affairs (MCA) has launched a dedicated Special Grievance Cell to address complaints...

RoC to Monitor Section 8 Entities for Financial Transparency In a bid to reinforce financial integrity and regulatory compliance, the Ministry of Corporate Affairs (MCA) has directed the Registrars of Companies (RoC) across India to step up monitoring of Section 8...

MCA Increases Penalty for Misuse of Section 8 License In a decisive step to safeguard the integrity of India’s non-profit sector, the Ministry of Corporate Affairs (MCA) has announced a sharp increase in penalties for the misuse of Section 8 company licenses. The...

Government Launches Awareness Drive on Section 8 Compliance In a proactive move to bolster regulatory compliance among non-profit organizations, the Government of India has launched a nationwide awareness campaign focusing on Section 8 companies. Spearheaded by the...

MCA Alerts Section 8 Companies on Filing Defaults The Ministry of Corporate Affairs (MCA) has issued an official alert to Section 8 companies across India, warning of strict action against entities that have failed to meet their statutory filing obligations. The...

MCA Revises Stamp Duty Waivers for Section 8 Incorporation In a policy update aimed at supporting the non-profit sector, the Ministry of Corporate Affairs (MCA) has revised the provisions related to stamp duty waivers for the incorporation of Section 8 companies under...

MCA Urges Timely Filing of Annual Returns by Section 8 Companies The Ministry of Corporate Affairs (MCA) has issued a fresh advisory urging all Section 8 companies across India to ensure timely filing of their annual returns and financial statements, reinforcing the...

New CSR Guidelines Empower Section 8 Implementation Partners In a strategic push to enhance the impact of Corporate Social Responsibility (CSR) initiatives, the Ministry of Corporate Affairs (MCA) has unveiled updated guidelines that position Section 8 companies as...