India, Jan. 1 -- The Government of India has issued a release:

The major initiatives and achievements of the Ministry of Corporate Affairs during the year 2025 are as under:

Reforms in Merger and Acquisition Framework

In line with Para 101 of the Union Budget 2025-26, the Government amended the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016 on 4th September 2025 to widen the scope of Fast Track Mergers and Demergers under Section 233 of the Companies Act, 2013.

The amendments allow the following additional classes of companies to avail fast-track mechanisms:

These changes are expected to significantly reduce time and cost for corporate restructuring.

Achievements under Ease of Doing Business

The Ministry of Corporate Affairs (MCA) has undertaken several policy, regulatory, institutional and technology-driven initiatives to further simplify compliance, strengthen corporate governance, and enhance India's business environment. Key achievements include:

1. Notification of Regulations

During 2025, the Ministry reviewed and notified a series of amendments under the Companies Act, 2013 to rationalise compliance requirements and improve transparency.

2. Circulars Issued

Several General Circulars were issued to facilitate smooth transition to the MCA V3 platform, relax additional fees, extend filing timelines, and enable conduct of AGMs/EGMs through Video Conferencing (VC) or Other Audio Visual Means (OAVM). These measures significantly reduced compliance burden on companies during the transition phase.

3. MCA vide notification no. G.S.R. 880(E) dated 01.12.2025 has enhanced the threshold limit of paid-up share capital and turnover upto Rs.10 crore and Rs.100 crore respectively for small companies.

4. The Companies (Removal of Names of Companies from the Register of Companies) Rules, 2016 have been amended on 31st December, 2025 to provide easier procedure for closure of government companies filing application with Registrar C-PACE under section 248(2) of the Companies Act, 2013.

The amendment provides that in such cases, the indemnity bond in respect of one or more directors appointed or nominated by the Central Government or State Government shall be given by an authorised representative (not below the rank of Under Secretary or equivalent) in the administrative Ministry or Department of the Government of India or the State Government on behalf of the Company. This amendment is aimed at faster closure of government companies which are eligible to apply for removal of their names from register of companies as per provisions of section 248(2) of the Companies Act, 2013.

5.The annual KYC requirement for directors in companies under rule 12A of the Companies (Appointment & Qualification of Directors) Rules, 2014 has been reviewed pursuant to examination in the Ministry of Corporate Affairs, recommendation made by the High Level Committee on Non-Financial Regulatory Reforms (HLC-NFRR) and suggestions received from stakeholders. The relevant rule in this regard matter has been amended by the M/o Corporate Affairs in consultation with concerned Ministries/ Departments. Pursuant to the amendment in the Rules notified on 31st December, 2025 (to be effective from 31st March, 2026), annual KYC filing requirement has been replaced with a simpler KYC intimation once in every three years. This amendment is aimed at providing significant ease of compliance to directors in all companies.

Achievements under Investor Education and Protection Fund Authority (IEPFA)

In August 2025, IEPFA launched an Integrated Portal and Dedicated Call Centre to enable faster claim settlement and enhanced investor support.

These reforms have transformed claim disposal into a fully digital, transparent, and investor-friendly process.

Achievements and reforms under Insolvency and Bankruptcy Code, 2016

Achievements under Competition Law

Achievements under Prime Minister Internship Scheme (PMIS)

The Prime Minister Internship Scheme, announced in Budget 2024-25, aims to provide over one crore internships over five years.

Strengthening Institutional Infrastructure

To enhance regulatory reach and improve service delivery, the Ministry will operationalise 03 new Regional Directorates (RDs) at Chandigarh, Navi Mumbai and Bengaluru; and 06 new Registrar of Companies (RoCs) at Delhi, Mumbai, Kolkata, Noida, Nagpur and Chandigarh with effect from 1st January, 2026. These offices have been established keeping in view the rapid growth in the number of corporate entities and future regulatory requirements.

Disclaimer: Curated by HT Syndication.