BusinessNews

MCA Extends Virtual AGM and EGM Facility for Companies Until September 2025

In a significant boost for India Inc, the Ministry of Corporate Affairs (MCA) has extended the option for companies to hold their annual general meetings (AGMs) via video conferencing (VC) until September 30, 2025. This provision applies to companies whose AGMs are scheduled for 2024 and 2025. Additionally, the MCA has authorized companies to conduct extraordinary general meetings (EGMs) through…
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BusinessNews

Byju’s Under Scrutiny: MCA Investigation and Financial Struggles Unveiled

In a recent development concerning India’s prominent edtech firm, Byju’s, the Ministry of Corporate Affairs (MCA) has reiterated that investigations into alleged financial irregularities are still ongoing, dismissing reports that suggested the company had been cleared of any wrongdoing. Background Byju’s, once a beacon of success in the edtech industry with a valuation soaring to $22…
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