August 9, 2020
Notice Issue to increase mandatory limit Rs 10 crores paid-up capital for appointment of CS.

On 5th August, the Supreme Court issued notice in the plea matter to notification declaration dated 1st January by the Centre and its subsequent enforcement right [w.e.f.] 1st April 2020 regarded as ultra vires and contrary to the Article 14, 19(1)(g) of the Constitution of India. The Ministry of Corporate Affairs [MCA] issued the notification