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Corporate Law News


Revised Schedule VI (shall be effective from 01.04.2011)

   06 September 2011 at 15:53

General 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

Posted in Corporate Law |   7101 Views


Online incorporation of companies within 24 hours

   06 September 2011 at 15:52

General 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

Posted in Corporate Law  1 comments |   4035 Views


Cases of corporate frauds are on the increase

   05 September 2011 at 22:47

There 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

Posted in Corporate Law |   3756 Views


Functioning of Independent Directors

   29 August 2011 at 17:17

The 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

Posted in Corporate Law  1 comments |   7410 Views


Strengthening of Serious Fraud Investigation Office (SFIO)

   29 August 2011 at 15:49

Strengthening 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

Posted in Corporate Law |   5526 Views


Inviting Expression of Interest for selection of Knowledge

   29 August 2011 at 15:47

MCA 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

Posted in Corporate Law |   3444 Views


MEF-Last date of Application Extended upto 2nd September, 2011

   26 August 2011 at 22:45

Last date for submission of applications on the website www.meficai.org has been extended upto 02nd September, 2011. (5.30 P.M.)

Posted in Corporate Law |   4050 Views


Foreign Companies in India

   25 August 2011 at 17:48

The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabha that 820foreign companies have been registered during the last three years. The Government has received Rs. 6.91 crore, Rs. 9.56 cro

Posted in Corporate Law  2 comments |   7854 Views


Proposal to give more powers to the Serious Fraud Investigation Office (SFIO)

   25 August 2011 at 17:47

The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabha that keeping in view the recommendations made by Vepa Kamesam committee, it is proposed to give statutory recognition to SFIO. Besides, power

Posted in Corporate Law |   3894 Views


Companies have been identified as vanishing companies

   25 August 2011 at 17:47

Vanishing Companies The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabha that 238 Companies have been identified as vanishing companies. Companies which had raised funds through Initial Pub

Posted in Corporate Law  2 comments |   7821 Views