Appointment of Auditors of Government Owned Companies The Government has said statutory auditors for Government Companies are appointed by the Comptroller & Auditor General of India (C&AG) in exercise of the powers conferred under sectio
NFCG invites proposals for accreditation / financial grant for the year 2010-11, for conducting awareness programmes on good CG practices, Latest by 31 Aug, 2010 National Foundation for Corporate Governance (NFCG) has been established by the Minist
Working of independent Directors in Central Public Sector Enterprises The Government has said that the Department of Public Enterprises has so far not issued any guidelines regarding the assessment of working of non-official Directors on the Board
Setting up of National Company Law Tribunal The Government has informed the Rajya Sabha that the Hon’ble Supreme Court has given its verdict on 11.5.2010 for setting up of National Company Law Tribunal to replace the Company Law Board, Board
Review of Accounting System The Government has said that in accordance with the Article 150 of the Constitution, the form of accounts of the Union and the States are prescribed by the President on the advice of the Comptroller and Auditor General
Cases Pending Before the Company Law Board The Government has informed the Lok Sabha that as on 31.7.2010, a total number of 2,688 cases are pending before Company Law Board. Giving this information in written reply to a question in the Lok Sabha
More transparency in corporate donations to parties needed Corporate Affairs Minister Salman Khurshid on Wednesday advocated greater transparency in corporate donations to political parties saying it is important for shareholders to know how the m
Modernization of Corporate Governance The Government has said that it proposes to modernize corporate Governance through simpler, accountability obligated, transparent and democratic company law. Stating this intention of the Government in written
INDIA INVESTOR WEEK, 2010 The Ministry of Corporate Affairs organized India Investor Week from July 12-17, 2010 in order to bring a national focus on the subject of investor awareness. The Ministry partnered with the professional institutes, tra
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