Q:

What is MCA?

A:

Quick Answer

MCA stands for Ministry of Corporate Affairs, and it has jurisdiction in the enforcement of various acts, rules and regulations that deal with the function of the corporate sector under Indian law. The MCA operates under the jurisdiction of the government of India and is located in New Delhi.

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Full Answer

As of 2014, the MCA is led by the minister of corporate affairs, Arun Jaitley, who functions as the agency executive. Some acts and regulations that fall within the jurisdiction of the MCA include the Companies Act of 2013, the Limited Liability Partnership Act of 2008 and the Companies Act of 1956. The MCA also has executive supervision over three nongovernment professional bodies in India.

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