MCA Review Meeting Focuses on Simplification and Transparency

Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, chaired a review meeting with the Ministry of Corporate Affairs (MCA) in New Delhi, emphasizing the need for simplification of processes and user-friendly systems to support India's vision of becoming a developed nation by 2047. The meeting highlighted the importance of transparency, timely modernization, and legislative reforms, including the Insolvency and Bankruptcy Code. The Minister urged MCA to adopt a futuristic approach and enhance governance structures to better serve stakeholders.

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