Corporate Law News
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
MEF-Last date of Application Extended upto 2nd September, 2011
26 August 2011 at 22:45Last date for submission of applications on the website www.meficai.org has been extended upto 02nd September, 2011. (5.30 P.M.)
Foreign Companies in India
25 August 2011 at 17:48The 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
Proposal to give more powers to the Serious Fraud Investigation Office (SFIO)
25 August 2011 at 17:47The 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
Companies have been identified as vanishing companies
25 August 2011 at 17:47Vanishing 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
Modernization of structure for corporate sector
25 August 2011 at 17:47The 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
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