Corporate Law News


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 |   4053 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 |   7860 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 |   3900 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 |   7827 Views


Modernization of structure for corporate sector

   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 developments taking place nationally as well as internationally and with a view to modernize the structure for corpo

Posted in Corporate Law |   3348 Views


Salaries of Chief Executives

   25 August 2011 at 17:42

The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabha that the Companies Act, 1956 has prescribed a ceiling on the remuneration of chief executive officers (CEOs) of companies . The total man

Posted in Corporate Law  5 comments |   10338 Views


Violation of Companies Act

   25 August 2011 at 17:28

The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabha that the number of prosecutions filed for the violations of the provisions of the Companies Act, 1956 and disposed of during last three years

Posted in Corporate Law  1 comments |   6801 Views


Valuation Professionals Bill

   18 August 2011 at 16:38

The report submitted by the Expert Group on Valuation Professionals Bill including the comments received in this regard from the stakeholders are under consideration of this Ministry and No definite time frame can be given at this stage. This

Posted in Corporate Law |   13950 Views


Competition Commission of India : Composition and functions

   18 August 2011 at 16:38

The Competition Commission of India has been constituted under Section 7 of the Competition Act, 2002 as amended in 2007. The Competition Commission of India consists of a Chairperson and not less than two and not more than six other Members. Un

Posted in Corporate Law |   6117 Views


Cases of corporate frauds

   18 August 2011 at 16:31

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

Posted in Corporate Law |   8067 Views