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Update on show cause notice issued by ROC

   16 September 2010 at 15:34

ROCs have issued Show Cause Notices to the defaulting companies which have not filed their Balance Sheets and Annual Returns within the time Recently, ROCs have issued Show Cause Notices to the defaulting companies which have not filed their Balance

Posted in Corporate Law |   6294 Views


Report of the Parliamentary Standing Committee on Finance of the Companies Bill, 2009 and The Company Secretaries (Amendment) Bill

   16 September 2010 at 14:50

REPORTS OF THE PARLIAMENTARY STANDING COMMITTEE ON FINANCE ON THE COMPANIES BILL, 2009 AND THE COMPANY SECRETARIES (AMENDMENT) BILL, 2010 The Hon’ble Parliamentary Standing Committee on Finance placed their report on the Companies Bill, 20

Posted in Corporate Law |   6144 Views


Exemption Regime for Small Companies, One Person Companies, Private Companies and Limited Liability Partnerships

   15 September 2010 at 15:26

Exemption Regime for Small Companies, One Person Companies, Private Companies and Limited Liability Partnerships The Standing Committee on Finance (SCF), which thoroughly examined The Companies Bill, 2009 has recommended that as the exemption re

Posted in Corporate Law  1 comments |   8295 Views


Recommendation to Make Formulation of a CSR Policy Mandatory for Big Companies

   10 September 2010 at 15:41

Recommendation to Make Formulation of a CSR Policy Mandatory for Big Companies In response to the overwhelming concerns shown by the Standing Committee of Parliament on Finance (SCF), which thoroughly examined The Companies Bill, 2009, on the ex

Posted in Corporate Law  2 comments |   6144 Views


Utilization of 'Investor Education and Protection Fund' for providing Immediate relief to small Investors Suggested

   10 September 2010 at 10:11

Utilization of ‘Investor Education and Protection Fund’ for providing Immediate relief to small Investors Suggested Apart from a number of specific suggestions made by the Ministry of Corporate Affairs for strengthening Investor Protecti

Posted in Corporate Law  2 comments |   5055 Views


Harmonization of the Provisions of the Companies Bill, 2009 with the International Financial Reporting Standards Recommended

   09 September 2010 at 10:34

Harmonization of the Provisions of the Companies Bill, 2009 with the International Financial Reporting Standards Recommended The Standing Committee of Parliament, which thoroughly examined The Companies Bill, 2009, has observed that there are s

Posted in Corporate Law |   4182 Views


Standing Committee of Parliament Recommends Making the Appointment Process of Independent Directors Independent of the Company Management

   07 September 2010 at 14:30

Standing Committee of Parliament Recommends Making the Appointment Process of Independent Directors Independent of the Company Management The Standing Committee of Parliament, which thoroughly examined The Companies Bill, 2009, has observed that

Posted in Corporate Law |   4713 Views


MCA releases preferable dates for filing annual return in alphabetical order

   04 September 2010 at 10:51

MINISTRY OF CORPORATE AFFAIRSGOVERNMENT OF INDIA DEAR CORPORATES, WE THANK YOU FOR THE OVERWHELMING RESPONSE TO COMPANY LAW SETTLEMENT SCHEME 2010. THE MCA21 SYSTEM SAW A NEW RECORD OF 57,859 FILINGS ON A SINGLE DAY i.e ON 31ST AUGUST 2010. HOWEVER

Posted in Corporate Law  4 comments |   8811 Views


Setting up of Section 25 company for XBRL India

   04 September 2010 at 10:45

Setting up of Section 25 company for XBRL India As you may be aware that the ICAI has taken a lead role in the development and promotion of XBRL in India and has accordingly set up a provisional jurisdiction of XBRL in India. To further its dev

Posted in Corporate Law |   5895 Views


Scheme for the Certified Filing Centres (CFCs) under MCA 21 e-Governance Programme

   04 September 2010 at 10:40

Scheme for the Certified Filing Centres (CFCs) under MCA 21 e-Governance Programme Announcement Sub: Renewal of Certified Filing Centres (CFC) under MCA-21 e-Governance Project With reference to

Posted in Corporate Law |   4062 Views