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The Indian Institute of Corporate Affairs (IICA) was established by the Central Government in 2008 as an Institute under the administrative control of Ministry of Corporate Affairs, Government of India to function as a think tank, carry out action research, service delivery and capacity building support to the Central Government, corporate sector, professionals and related stakeholders.
Created in the year 1967 as a service to administer the Companies Act, 1956 as the Company Law Service, it was renamed as Indian Company Law Service in the year 2002. The service functioned under Ministry of Finance (Department of Company Affairs) till 2004, after which an independent ministry by the name Ministry of Corporate Affairs was created to administer the Corporate Sector in India.
The Intermediate Exam consists of two groups with seven Subjects, carrying 100 marks each with a prescribed time limit of three hours during the exam: Paper 1: Jurisprudence. Interpretation & General Laws. Paper 2: Company Law & Practice. Paper 3: Setting Up Of Business, Industrial & Labour Laws. Paper 4: Corporate Accounting & Financial ...
These officers are from Indian Corporate Law Service cadre. 'ICLS' is an organised Group A service recruitment of which is done by UPSC through Civil Service Examination since 2009 along with other services like IRS, IAS & IPS etc. [1] There are currently 25 Registrars of Companies (ROC) operating from offices in all major states of India. Some ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 17 January 2025. Civil services examination in India This article is about the examination in India. For civil service examinations in general, see civil service entrance examination. This article may need to be rewritten to comply with Wikipedia's quality standards. You can help. The talk page may ...
Both the groups consist of 3 papers each. Each subject exam is of 100 marks. [7] GROUP 1. Paper 1: Advanced Accounting Paper 2: Corporate and Other Laws Part 1: Company Law and Limited Liability Partnership Law (70 marks) Part 2: Other Laws (30 marks) Paper 3: Taxation Section A: Income Tax Law (50 marks) Section B: Goods and Services Tax (50 ...
It is responsible mainly for the regulation of Indian enterprises in the industrial and services sector. The ministry is mostly run by civil servants of the ICLS cadre. These officers are selected through the Civil Services Examination conducted by Union Public Service Commission. The highest post, Director General of Corporate Affairs (DGCoA ...
The 2013 Companies Act superseded the Companies Act of 1956, under whose provisions Indian corporations previously operated.In addition to the Companies Act, corporations are subject to other regulations administered by the Ministry of Corporate Affairs (MCA), [1] which has two branches: the Regional Director (RD) and the Registrar of Companies (ROC).