Corporate Law News


Regulation of Foreign Chartered Accountant Firms

   27 March 2012 at 12:11

The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Rajya Sabha that the Indian Chartered Accountant (CA) firms are regulated by the Institute of Chartered Accountants of India (ICAI) in terms of provisi

Posted in Corporate Law |   4983 Views


Constitution of a Committee to formulate a Policy Document on Corporate Governance

   24 March 2012 at 15:12

Constitution of a Committee to formulate a Policy Document on Corporate Governance General Circular No -6 -2012 Dated 21st March 2012

Posted in Corporate Law  3 comments |   3564 Views


MCA - Submission of Annual Reports

   22 March 2012 at 17:28

The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabha that it is mandatory, under the Companies Act, 1956 for all companies to submit Annual Returns, Balance Sheet etc to the Government. Replyi

Posted in Corporate Law |   10050 Views


Constitution of a Committee t o formulate a Policy Document on Corporate Governance

   20 March 2012 at 12:46

NO. 17/46/2012-CL-V Government of India Ministry of Corporate Affairs 5th floor, 'A’ Wing, Shastri Bhawan, Dr. Rajendra Prasad Road, New Delhi Dated: l 9th March, 2012 OFFICE MEMORANDUM Subject:-Constitution of a Committee t o

Posted in Corporate Law |   3969 Views


Setting Up of NCLT and NCLAT

   19 March 2012 at 17:46

The Government proposes to set up National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal (NCLAT). Provisions have been incorporated in the Companies Bill, 2011 which has been introduced in the Lok Sabha on 14.12.2011. T

Posted in Corporate Law |   9771 Views


Failure in filing Balance Sheet or Annual Return : Companies Blacklisted

   19 March 2012 at 17:46

As per general circular No. 33/2011 dated 01/06/2011, the Government has marked 1,55,394 companies as “Defaulting Companies” for failure to file Balance Sheet or Annual Return for any of the financial years, 2006-07, 2007-08, 2008-09 a

Posted in Corporate Law |   10266 Views


Corporate Houses Found Involved in Various Scams During the Last Three Years

   19 March 2012 at 17:46

Corporate Houses found to have prima facie violated provisions of the Indian Penal Code can be regarded as being ‘involved in scams’. As per investigation reports received in the Ministry, 21 Companies fall in this category. List of su

Posted in Corporate Law |   3279 Views


Vanishing Companies

   15 March 2012 at 18:13

The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabha that the Companies Bill, 2011 provides for more detailed requirements in the form disclosures/declarations to be made by companies, and their

Posted in Corporate Law |   3051 Views


Limited Liability Partnership

   15 March 2012 at 18:13

The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabha that the Limited Liability Partnership Act, 2008 (LLP) which came into effect from March 31, 2009, provides for any individual or body corpor

Posted in Corporate Law |   3909 Views


ICAI National Cost Convention-2012 begins - RPN Singh calls for public friendly Accounting

   15 March 2012 at 17:11

Shri R.P.N. Singh, Minister of State for Corporate Affairs has emphasized upon public friendly Accounting. Inaugurating the three day long 53rd National Cost Convention of Cost and Management Accountants (CMA) for the year 2012 organised by the In

Posted in Corporate Law |   3507 Views