Corporate Law News


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 |   5730 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 |   9309 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 |   7932 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The Companies Act, 1956, which is proposed to be repealed by the Companies Bill, 2011, provides for more stringent penal provisions for action against vanishing companies, prevention of frauds etc.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


Committee constituted to suggest amendments in the Competition Act, 2002

   08 December 2011 at 22:30

The Government has constituted a Committee inter-alia to suggest amendments in the Competition Act, 2002 to fine tune it. The work of the Committee is in progress. There is no proposal presently under the consideration of the Government to empow

Posted in Corporate Law |   7590 Views


Performance of Competition Commission of India

   08 December 2011 at 22:30

Competition Commission of India has been established with the objective to eliminate practice having adverse effect on competition, promote and sustain competition, protect the interest of consumers and ensure freedom of trade carried on or by oth

Posted in Corporate Law |   3327 Views


New Law for Societies Registration Act

   08 December 2011 at 22:30

Non-corporate business entities and Societies are governed by the Law under which they are registered or incorporate. Each such law has suitable provisions concerning disclosure and accountability etc. The Societies Registration Act, 1860 throug

Posted in Corporate Law |   3741 Views


Comittee for National Competition Policy formed

   07 December 2011 at 18:12

Government has constituted a Committee for drafting the National Competition Policy with a view to achieve highest sustainable levels of economic growth, entrepreneurship, employment, higher standards of living for citizens, protect economic right

Posted in Corporate Law |   2727 Views


Statutory Status for Serious Fraud Investigation Office

   07 December 2011 at 18:12

The provision in respect of statutory status to Serious Fraud Investigation Office has been proposed in the revised Companies Bill 2011 to be introduced in the ongoing session of the Parliament.

Posted in Corporate Law |   4167 Views