Corporate Law News

MCA-Reservation in Promotions-77th Amendment

13 December 2011 at 11:14

The reservation in promotion is strictly followed and implemented in the Ministry of Corporate Affairs as per the provisions made in the Constitution through 77th Amendment. The details of promotions made during last five years n all categories

Posted in Corporate Law | 7674 Views

Blacklisting of Companies

13 December 2011 at 11:14

The case number 43/2010 on Modular Operation Theatres is under the adjudication in the Competition Commission of India (CCI) which is a quasi judicial body. Companies found indulging in bid rigging, cartelization and other fraudulent means thereby

Posted in Corporate Law | 3864 Views

Dormant companies or Inactive Companies

13 December 2011 at 11:14

As per the present policy of the Ministry, companies which have not filed their Annual Returns and Balance Sheets for the last three consecutive years or more are identified as ‘dormant companies’. The details of the dormant companie

Posted in Corporate Law | 5415 Views

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 | 5763 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 | 9318 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 | 7962 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 | 13335 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 | 5130 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 | 7614 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 | 3339 Views