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Corporate Law News


Companies Bill tabled in Lok Sabha

   15 December 2011 at 10:20

The Bill enhances the accountability for those incorporating a company, and directors on the board, by framing additional disclosure norms The Companies Bill, 2011, that seeks to make companies more accountable was introduced in the Lok Sabha on

Posted in Corporate Law |   4170 Views


Fraudulent Companies under Section 209A of Companies Act, 1956

   13 December 2011 at 11:14

Some Complaints have been received against a few companies after getting just a registration number from the Registrar of Companies are active in the business of obtaining money under various schemes by alluring people, particularly in rural areas

Posted in Corporate Law |   5073 Views


MCA-Reservation in Promotions-77th Amendment

   13 December 2011 at 11:14

The reservation in promotion is strictly followed and implemented in the Ministry of Corporate Affairs as per the provisions made in the Constitution through 77th Amendment. The details of promotions made during last five years n all categories

Posted in Corporate Law |   7647 Views


Blacklisting of Companies

   13 December 2011 at 11:14

The case number 43/2010 on Modular Operation Theatres is under the adjudication in the Competition Commission of India (CCI) which is a quasi judicial body. Companies found indulging in bid rigging, cartelization and other fraudulent means thereby

Posted in Corporate Law |   3837 Views


Dormant companies or Inactive Companies

   13 December 2011 at 11:14

As per the present policy of the Ministry, companies which have not filed their Annual Returns and Balance Sheets for the last three consecutive years or more are identified as ‘dormant companies’. The details of the dormant companie

Posted in Corporate Law |   5391 Views


ICSI Foundation Day Celebrations

   10 December 2011 at 10:57

Vision of Professional Body Like The ICSI and its Members Should Capture Expectations of its Various Stakeholders-RPN Singh Shri R P N Singh , Minister of State for Corporate Affairs, While delivering the ICSI FOUNDATION DAY Lecture here today

Posted in Corporate Law |   5721 Views


MCA has issued Cost Accounting Record Rules

   09 December 2011 at 11:59

1. The Cost Accounting Records (Telecommunication Industry) Rules, 2011 2. The Cost Accounting Records (Sugar Industry) Rules, 2011 3. The Cost Accounting Records (Pharmaceutical Industry) Rules, 2011 4. The Cost Accounting Records (Petroleum Indu

Posted in Corporate Law  1 comments |   9300 Views


Early Warning System introduced by MCA

   09 December 2011 at 11:48

Early Warning System The Ministry of Corporate Affairs introduced an ‘Early Warning System” (EWS) in 2009 based on certain financial and non-financial indictors to ensure, as far as possible, that there is no recurrence of cases simila

Posted in Corporate Law |   7926 Views


Updating of Income Tax PAN details in MCA21 DIN DATA

   09 December 2011 at 11:48

GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS ATTENTION: All DIRECTORS of ANY COMPANY Updating of Income Tax PAN Details in MCA21 DIN DATA General Circular No: 32/2011 dated 31/05/2011 read with 66/2011 Dated 4/10/2011, Ministry of Corpora

Posted in Corporate Law  2 comments |   13323 Views


Stringent penal provisions for action against vanishing companies, prevention of frauds

   08 December 2011 at 22:30

The Companies Act, 1956, which is proposed to be repealed by the Companies Bill, 2011, provides for more stringent penal provisions for action against vanishing companies, prevention of frauds etc. An expert group under the chairmanship of Dr. J

Posted in Corporate Law |   5103 Views