{"id":340,"date":"2024-03-05T14:56:51","date_gmt":"2024-03-05T14:56:51","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=340"},"modified":"2024-03-05T14:56:51","modified_gmt":"2024-03-05T14:56:51","slug":"which-of-the-following-union-ministries-is-set-to-launch-the-virtual-facility-for-e-adjudication-of-company-law-violations-by-end-of-march-2023","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-union-ministries-is-set-to-launch-the-virtual-facility-for-e-adjudication-of-company-law-violations-by-end-of-march-2023\/","title":{"rendered":"Which of the following Union Ministries is set to launch the virtual facility for e-adjudication of company law violations by end of March, 2023 ?"},"content":{"rendered":"

[amp_mcq option1=”Ministry of Finance” option2=”Ministry of Corporate Affairs” option3=”Ministry of External Affairs” option4=”Ministry of Commerce and Industry ” correct=”option2″]<\/p>\n

The correct answer is (b) Ministry of Corporate Affairs.<\/p>\n

The Ministry of Corporate Affairs (MCA) is the nodal ministry of the Government of India for matters relating to companies, limited liability partnerships, partnerships, and other forms of business associations. The MCA is responsible for the administration of the Companies Act, 2013, the Limited Liability Partnership Act, 2008, the Partnership Act, 1932, and other related laws.<\/p>\n

The MCA has announced that it will launch a virtual facility for e-adjudication of company law violations by the end of March, 2023. The e-adjudication facility will enable companies to file and track their cases online, and will also provide a platform for the MCA to adjudicate cases in a more efficient and transparent manner.<\/p>\n

The e-adjudication facility is part of the MCA’s efforts to improve the ease of doing business in India. The facility is expected to reduce the time and cost involved in resolving company law disputes, and will also make it easier for companies to comply with the law.<\/p>\n

The other options are incorrect because:<\/p>\n

(a) The Ministry of Finance is responsible for matters relating to finance, taxation, and the economy.
\n(c) The Ministry of External Affairs is responsible for matters relating to foreign affairs, diplomacy, and international relations.
\n(d) The Ministry of Commerce and Industry is responsible for matters relating to trade, commerce, and industry.<\/p>\n","protected":false},"excerpt":{"rendered":"

[amp_mcq option1=”Ministry of Finance” option2=”Ministry of Corporate Affairs” option3=”Ministry of External Affairs” option4=”Ministry of Commerce and Industry ” correct=”option2″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[],"class_list":["post-340","post","type-post","status-publish","format-standard","hentry","category-government","no-featured-image-padding"],"yoast_head":"\nWhich of the following Union Ministries is set to launch the virtual facility for e-adjudication of company law violations by end of March, 2023 ?<\/title>\n<meta name=\"description\" content=\"The Ministry of Corporate Affairs (MCA) is the nodal ministry of the Government of India for matters relating to companies, limited liability partnerships, partnerships, and other forms of business associations. 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