Benches of the National Company Law Tribunal (NCLT) should not get into questioning a company's default once it is established by the creditors, particularly financial creditors, for admission to the corporate insolvency process. This is one of the key themes of the draft guidelines for the NCLT, which are being finalised by the Ministry of Corporate Affairs (MCA), a senior official said. According to the official, while the company law matters could involve the "principle of natural justice" and justify extended proceedings to hear all parties concerned, the same does not apply to the Insolvency and Bankruptcy Code (IBC) proceedings.
The Mumbai Cricket Association, on Wednesday, said it has adopted a wait and watch policy on the issue of complimentary passes for the October 29 India-West Indies ODI, in Mumbai, but made it clear that the number allotted at this point is too low.
Sharad Pawar will be elected unopposed as Mumbai Cricket Association president after BJP leader Gopinath Munde's appeal against the rejection of his application to contest for the top post in Friday's polls was turned down.
In Agartala, the Group A match between Mumbai and Tripura ended in a draw with the reigning champions earning three points by virtue of the first-innings lead.
Tanush Kotian's five-wicket haul helped Mumbai bounce back as the visitors bowled out Baroda for 185 in their second innings.
The Mumbai squad led by Aditya Tare, which thrashed Saurashtra by an innings and 21 runs in the Ranji Trophy final inside three days, has earned a cash bonus of Rs 2 crore from the Mumbai Cricket Association (MCA).
The Mumbai Cricket Association's scheduled meeting to discuss implications of the Justice Rajendra Mal Lodha committee report was postponed on Monday due to the indisposition of MCA president Sharad Pawar.
Fans have been spared the hassle of running around for match tickets during Indian women's cricket team's upcoming fixtures against England and Australia at the Wankhede Stadium and DY Patil Stadium.
MCA backtracked on its stand saying Abhijit Kale has lost its "trust" by going to court on the bribery issue.
'To those who have just finished engineering or MCA or BSc, BBA, I will say they should take up whatever internship opportunities they are getting.' 'They should look for opportunities to learn the latest tools.' 'They should think innovative and try to solve problems. Only when you sharpen your skills, you will remain relevant.'
Mumbai Cricket Association officials have rubbished Bollywood superstar Shah Rukh Khan's version of the fracas at the Wankhede Stadium that unfolded on Wednesday, saying his statement had no basis.
A furious Mumbai Cricket Association might have banned Shah Rukh Khan after an alleged brawl between him and its officials but IPL Chairman Rajiv Shukla, on Thursday, said a final decision on the matter would only be taken after getting the version of all the involved parties.
Goods and services tax (GST) collections from mobile device companies, amounting to Rs 1.82 trillion between 2020-21 (FY21) and 2023-24 (FY24), have already generated more than five times the revenue for the government compared to the Rs 34,149 crore allocated under the production-linked incentive (PLI) scheme for mobile devices over six years ending 2025-26 (FY26). Currently, the GST on mobile devices stands at 18 per cent.
Mumbai Cricket Association president Sharad Pawar will quit his position in six months' time after the state body accepted the Supreme Court verdict on sweeping reforms in the Board of Control for Cricket in India (BCCI) and its affiliates in toto.
Former Mumbai Cricket Association vice-president Ratnakar Shetty filed a civil suit in a local court seeking a stay on the five-year ban imposed on him by the sport body, from whom he has demanded damages of Rs 50 lakh for "tarnishing his reputation".
Muslim organisations in Dharwad have given a call for a 'bandh' (strike) on Monday, condemning the murder of 23-year-old college student Neha Hiremath in Hubballi recently.
The Mumbai Cricket Association (MCA) on Sunday decided not to challenge the Board of Control for Cricket in India-imposed life ban on tainted player Ankeet Chavan despite a Delhi Court dropping criminal charges against him
The Mumbai Cricket Association's (MCA) managing committee will discuss Wankhede Stadium curator Sudhir Naik's complaint of verbal abuse against Indian Team Director Ravi Shastri on October 30, in Mumbai.
Senior Bharatiya Janata Party (BJP) leader Gopinath Munde on Tuesday filed an appeal against the rejection of his candidature for the post of president in the Mumbai Cricket Association elections on October 18.
Mumbai Cricket Association's promise to comply with all the conditions notwithstanding, the Indian Premier League's Governing Council has decided that the June 1 final of the T20 tournament would be held in Bangalore as announced earlier.
The Board of Control for Cricket in India suspended the curator of the Maharashtra Cricket Association's stadium in Pune after he was captured on television in a sting operation, claiming that he could tamper with the pitch ahead of Wednesday's second India-New Zealand One-Day International.
Punjab, starting the penultimate day on 73/3 and needing 144 more runs, crumbled under pressure from Sindhu's relentless spin and Jayant Yadav's precise off-spin (3/35 in 10.4 overs), collapsing well before lunch and handing Haryana their second outright win in four matches.
India's cricket legend Sachin Tendulkar's idea of 14-a-side teams at the school level has got the green signal from the sport's governing body in Mumbai.
A detailed overview of the MCA entrance procedure for Pune University.
Defending champions Mumbai got their Ranji Trophy campaign back on track with an emphatic nine-wicket win over Maharashtra in their second group A league game in Mumbai on Monday, offsetting the heavy loss to Baroda in the opening game.
Mumbai Cricket Association, headed by former BCCI President Sharad Pawar, would file an intervention application before the Supreme Court to highlight the difficulties in implementing Justice R M (retired) Lodha Committee's recommendations to restructure the Board. This was decided at a meeting of the MCA's Managing Committee, said a media release today from the association's joint secretaries, P V Shetty and Unmesh Khanvilkar. "In a meeting of the Managing Committee of the Mumbai Cricket Association to discuss the far ranging consequences of the Lodha Committee's recommendations, it was unanimously decided that the Mumbai Cricket Association would file an intervention application before the Supreme Court and highlight the difficulties and inconsistencies in the report," the media release said. "Accordingly, the members unanimously authorised Joint Honorary Secretaries and Vice President Ashish Shelar to seek appropriate legal advice and file necessary applications before the Court," the release added.
The BCCI president faced no opposition from any quarter for his re-election to the post of Mumbai Cricket Association president.
The Mumbai Cricket Association has changed its eligibility rules for contesting its forthcoming elections. The move is widely seen as a bid to prevent senior administrator Prof Ratnakar Shetty from regaining his place in its managing committee.
The others on the MCA selection panel, headed by Vengsarkar, are former Mumbai skipper Milind Rege, former off-spinner Kiran Mokashi and ex-pacer Abey Kuruvilla.
'That's the beauty of Mumbai cricket. Nobody interferes with the running of the cricket, only the cricketers are allowed to run the cricket.'
The corporate affairs ministry has asked its field officers to expedite the inspection of the books of Byju's and submit the report, a senior official said on Monday as trouble continues to brew at the edtech firm. The ministry, which is implementing the companies law, will decide the further course of action after receiving the report from its regional office. In July 2023, the ministry had asked the office of the regional director in Hyderabad to conduct an inspection of the company Think & Learn Pvt Ltd, which is registered in Bengaluru.
Top BCCI official Ratnakar Shetty has been summoned to attend the meeting of the Mumbai Cricket Association's (MCA) inquiry committee, probing the matter of unsold tickets during the 2011 World Cup final held at the Wankhede Stadium, in Mumbai on Wednesday.
The officials of the MCA are miffed at the sudden decision of the Indian Premier League's Governing Council, handed over their IPL accreditations to the organisers.
Nearly ten days after the pitch controversy, Wankhede curator Sudhir Naik withdrew his complaint against Team India Director Ravi Shastri on Sunday.
Sunil Gavaskar has returned to head the Mumbai Cricket Association's Cricket Improvement Committee after a decade's absence from any activities connected with his cricketing alma mater.
Mumbai beat Sri Lanka by three wickets with a ball to spare in the warm-up game on Saturday
The Ministry of Corporate Affairs (MCA) has worked out new parameters for scrutiny of companies. These are based on reports on the Satyam fraud investigation.
Alert: All India MCA Common Entrance Test
Finance Minister Nirmala Sitharaman on Tuesday met top officials of the finance and corporate affairs ministries to review the implementation of various announcements of the Union Budget FY24. "The finance minister underlined the importance of continuous assessment of progress to ensure that various announcements are implemented in a time-bound manner," the finance ministry said in a tweet. Sitharaman also discussed in detail various issues on the digital competition laws with Rajeev Chandrashekhar, the minister of state for entrepreneurship, skill development, electronics and technology.
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