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Question

81. For which of the below acts, the Ministry of Corporate Affairs (MCA) is primarily concerned with?

i) Companies Act, 2013

ii) Limited Liability Partnership Act, 2008

iii) The Competition Act, 2002


A

a) i and ii only

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B

b) ii only

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C

c) iii only

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D

d) All of the above

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Solution

The correct option is D

d) All of the above

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81 AnsD

Explanation: The Ministry of Corporate Affairs (MCA) is primarily concerned with the administration of the Companies Act, 2013 and Companies Act, 1956. Limited Liability Partnership Act, 2008 and other related statutes like; (i) The Chartered Accountants Act, 1949; (ii) The Cost and Works Accounts Act, 1959; (iii) The Company Secretaries Act, 1980; (iv) The Partnership Act, 1932, and (v) The Competition Act, 2002 as amended by Competition (Amendment) Act, 2009


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