It's the Ministry of Corporate Affairs now
As per a Presidential order, the Ministry of Company affairs is now the Ministry of Corporate Affairs and it is not the name alone which has changed. The Ministry has prescribed new Accounting standards, amended the Acts relating to CAs , ICWAs and Company Secretaries, amended the Competition Act, proposes to amend the Companies Act, to constitute the National Company Law Appellate Tribunal - NCLAT and to set up the Indian Institute of Corporate Affairs.