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233 PSUs do not have whole time CS

   30 July 2009 at 17:34

Appointment of whole time company secretariesGovernment has said that as per section 383A of the Companies Act, 1956 read with Companies (Appointment and Qualifications of Secretary) Rules, 1988, every company having paid up share capital of Rs. 5 c

Posted in Corporate Law  8 comments |   7191 Views


Companies bill to be introduced in Parliament

   30 July 2009 at 15:50

Update on new Companies Bill, 2008 The Companies Bill 2008 which lapsed when the 14th Lok Sabha session was dissolved is set to be re-introduced into the ongoing parliamentary session this week. Since its last introduction in the parliament, lots of

Posted in Corporate Law  2 comments |   6000 Views


Scrutiny of Statutory Reports of Corporate Houses

   27 July 2009 at 15:33

Scrutiny of Statutory Reports of Corporate HousesThe Government has said that in the light of the developments in the matter of Satyam, the Securities and Exchange Board of India (SEBI) has initiated a process of peer review of the working papers (re

Posted in Corporate Law |   4620 Views


Shri G.N.Venkataraman elected President of the ICWAI

   23 July 2009 at 10:46

Shri G.N.Venkataraman elected President of the Institute of Cost and Works Accountants of India SHRI B.M.SHARMA WILL BE THE NEW VICE PRESIDENTShri G.N.Venkataraman has been elected as the new President of the Institute of Cost and Works Accountants o

Posted in Corporate Law  8 comments |   7770 Views


CLB allows central Government to Withdraw 4 of the 6 directors appointed by it on the board of Satyam

   18 July 2009 at 10:57

The Company Law Board here today gave permission to the Central Government to withdraw FOUR of the SIX directors appointed by it on the Board of Directors of the Satyam Computer Services Lmited. The Principal Bench of the Company Law Board, allowing

Posted in Corporate Law  1 comments |   4998 Views


Monitoring of Corporate Disclosures

   14 July 2009 at 12:07

Monitoring of Corporate DisclosuresTo facilitate corporate disclosures by the companies to the stakeholders and the Regulatory Agencies, there already exists an electronic registry with round the clock access including inspection of documents, throug

Posted in Corporate Law  1 comments |   6249 Views


Protection of small investors

   13 July 2009 at 10:53

Protection of small investorsThe Ministry of Corporate Affairs received a total of 986 complaints from investors during the period 1.4.2008 to 31.3.2009. The investors’ complaints pertain to defaults by the companies from complying with various

Posted in Corporate Law |   6288 Views


CCI to play crucial role in the vibrant Indian market

   12 June 2009 at 11:13

Competition Commission of India to play crucial role in the vibrant Indian market – Salman Khurshid The Minister for Corporate Affairs, Shri Salman Khurshid here today inaugurated the first National Conference on ‘State of Competitio

Posted in Corporate Law |   7008 Views


Salman Khurshid assumes charge as Minister for Corporate Affairs

   04 June 2009 at 12:12

Shri Salman Khurshid assumes charge as Minister for Corporate Affairs Shri Salman Khurshid assumed his charge as the Minister of State (Independent Charge) for Corporate Affairs, here at Shastri Bhavan today. He was welcomed by the Secretary, Sh

Posted in Corporate Law |   6153 Views


SC upholds Sebi supremacy over unregistered cos

   22 April 2009 at 16:10

Author : Rakesh Bhatnagar/DNASays SAT has no discretionary power on issues under Sec 12(1) of Sebi ActThe Securities and Exchange Board of India (Sebi) won a crucial judgment in the Supreme Court against the Securities Appellate Tribunal (SAT), which

Posted in Corporate Law |   11277 Views