Among the various peroxides that are available, meta-chloroperbenzoic acid (mCPBA) is an effective oxidizing reagent that is used in a variety of oxidative transformations, including rearrangements, oxidation of different functional groups, and the formation of carbon–carbon and carbon–heteroatom bonds. This mini-review aims to emphasize on properties, structures, and reactivities of intermediate species involved in the representative metal-assisted contributions of mCPBA in organic synthesis and catalysis along with its scope, merits, and demerits of the reaction from mid-2015 to date.