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MCA clarifies about Statutory Functioning of Competition Commission of India

   23 November 2010 at 10:29

Statutory Functioning of Competition Commission of India The Minister for Corporate Affairs has said that the Competition Commission of India has fully started its statutory functions except Regulation of combinations, as Sections 5 & 6 of t

Posted in Corporate Law |   3255 Views


Instruction Contained in Circular of 1995 Modified to Achieve Filing of Documents by Companies with Less Delay

   23 November 2010 at 10:25

Instruction Contained in Circular of 1995 Modified to Achieve Filing of Documents by Companies with Less Delay The Ministry of Corporate Affairs has modified the instruction contained in circular No.14/3/87-CL-V Vol. III dated 21.3.1995 to permi

Posted in Corporate Law |   4857 Views


Provisions for Faster Settlement of Insolvency Cases for Corporates

   20 November 2010 at 10:55

Provisions for Faster Settlement of Insolvency Cases for Corporates The Minister for Corporate Affairs has said that the Companies Bill, 2009 which was introduced on 3rd August, 2009 has provisions for faster settlement of insolvency cases for c

Posted in Corporate Law |   4011 Views


Violation of the Companies act by IPL Franchises

   19 November 2010 at 10:35

Violation of the Companies act by IPL Franchises The Government has said that it is looking into violation of the Companies Act, 1956 by some Indian Premier League (IPL) franchises. Giving this information in written reply to a question in the

Posted in Corporate Law |   7908 Views


Functioning of the Non-Official Directors on the Board of Central Public Sector Enterprises

   19 November 2010 at 10:33

Functioning of the Non-Official Directors on the Board of Central Public Sector Enterprises The Government has said that as per information given by the Department of Public Enterprises it has so far not issued any guidelines regarding the asses

Posted in Corporate Law |   4008 Views


Pricing of Shares and Use of IPO Proceeds

   19 November 2010 at 10:32

Pricing of Shares and Use of IPO Proceeds The Minister for Corporate Affairs has said that as per the information provided by the SEBI, Initial Public Offerings (IPO) price is fixed by the issue based on an analysis of the quantitative and quali

Posted in Corporate Law  1 comments |   7023 Views


To intimate discrepancy if any found in show cause notice by MCA

   17 November 2010 at 10:47

Show-cause Notices were issued to a number of defaulting companies Ministry has undertaken a massive drive to cleanse the MCA21 Registry, as it was found that a number of companies who were in the old Registry are not filing their documents in the M

Posted in Corporate Law  2 comments |   6735 Views


Downloadable e-forms made available on LLP Portal

   15 November 2010 at 10:52

Important Notice The new feature of downloadable e-forms has been made available on the LLP Portal. Users may now download the e-forms required to be filed and upload the same once filled at their end. Users are requested to download Acrobat PDF re

Posted in Corporate Law |   6429 Views


MCA : Now 9 Times Additional fees if delay is more than 90 days

   13 November 2010 at 12:11

Additional Fees revised w.e.f 5th December 2010 Dear Corporates, It has been decided to revise the additi

Posted in Corporate Law  1 comments |   17112 Views


LLP e-Forms is going to be implemented w.e.f 13/11/2010 evening onwards

   11 November 2010 at 11:08

System will not be available during the period from 12/11/2010 16:30 Hrs to 13/11/2010 14:00 Hrs. as the new feature of Downloadable LLP e-Forms is going to be implemented w.e.f 13/11/2010 evening onwards. For effective use of LLP eForms one shoul

Posted in Corporate Law |   5799 Views