Corporate Law News
Defunct Companies as per MCA records
08 September 2011 at 17:52The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabha that the total number of defunct companies, (those that have not filed their Annual Returns and Balance Sheets for the last three consecutive y
Cases of Appointment of MD and Directors
08 September 2011 at 17:52The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabha that it is not a fact that large number of cases under Companies Act, 1956 regarding appointment / re-appointment schedule of Managing Director
MCA - Violation of Terms and Conditions for Deposit
08 September 2011 at 17:52The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabha that 41 complaints alleging non-repayment of deposits were received during the last three years. Prosecutions were filed against M/s. Morepen
MCA Circular on e-filing to avoid last minute rush
08 September 2011 at 16:34MCA Circular on e-filing to avoid last minute rush
Revised Schedule VI (shall be effective from 01.04.2011)
06 September 2011 at 15:53General Circular No. 62/2011 F.No 17/244/2011-CL.V Government of India Ministry of Corporate Affairs 5th floor, ‘A’ Wing, Shastri Bhawan, Dr. Rajendra Prasad Road, New Delhi Dated the 5th Sept, 2011 To, All Regional Directors All
Online incorporation of companies within 24 hours
06 September 2011 at 15:52General Circular No. 61/2011 No 2/10/2011-CL.V Government of India Ministry of Corporate Affairs 5th floor, ‘A’ Wing, Shastri Bhawan, Dr. Rajendra Prasad Road, New Delhi Dated the 5th Sept, 2011 To, All Regional Directors All Reg
Cases of corporate frauds are on the increase
05 September 2011 at 22:47There is no verified information available to suggest that the cases of corporate frauds are on the increase. Number of prosecutions filed for the violations of the provisions of the Companies Act, 1956 for the last three years are as
Functioning of Independent Directors
29 August 2011 at 17:17The concept of Independent Director has been proposed in the Companies Bill, 2009. Clause 147 of the Bill, provides for duties of directors which include the duty to act in good faith in best interest of company, to act with due and reasonable care
Strengthening of Serious Fraud Investigation Office (SFIO)
29 August 2011 at 15:49Strengthening of Serious Fraud Investigation Office (SFIO) Keeping in view the recommendations made by Vepa Kamesam committee, it is proposed to give statutory recognition to SFIO. Besides, powers such as treating its investigation report as a r
Inviting Expression of Interest for selection of Knowledge
29 August 2011 at 15:47MCA SPV an Independent Business Division (IBD) of Indian Institute of Corporate Affairs (IICA), under Ministry of Corporate Affairs intends to engage a Knowledge Management partner for purpose of data mining and analysis using data repository of M
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