Corporate Law News


Appointment of CS - limit revised to 5 crores from 2 Crores

   08 January 2009 at 12:58

COMPANIES (APPOINTMENT AND QUALIFICATIONS OF SECRETARY) AMENDMENT RULES, 2009 - AMENDMENT IN RULE 3NOTIFICATION NO. G.S.R. 11 (E), DATED 5-1-2009 In exercise of the powers conferred by clauses (a) and (b) of sub-section (1) of section 642 read with c

Posted in Corporate Law  9 comments |   51774 Views


Ministry of Corporate Affairs marching ahead on the path of reforms

   23 December 2008 at 12:08

LIMITED LIABILITY PARTNERSHIP BILL PASSED BY THE PARLIAMENT, NEW COMPANY LAW BILL INTRODUCED, COMPETITION COMMISSION BEING CONSTITUTED FULLY.... In the wake of the current global economic scenario, most of the countries are passing through turbulence

Posted in Corporate Law |   9057 Views


Parliament Passes Limited Liability Partnership (LLP) Bill 2008

   15 December 2008 at 12:02

Parliament Passes Limited Liability Partnership (LLP) Bill 2008Parliament has passed the Limited Liability Partnership (LLP) Bill 2008. Lok Sabha today gave its ass

Posted in Corporate Law  8 comments |   25260 Views


Foundation stone for Indian Institute of corporate affairs laid

   10 November 2008 at 19:39

Shri Prem Chand Gupta, Minister for Corporate Affairs, today laid the Foundation Stone of the Indian Institute of Corporate Affairs at Manesar, Haryana. Shri Bhupinder Singh Hooda, Chief Minister of Haryana and Shri Anurag Goel, Secretary, Ministr

Posted in Corporate Law |   10506 Views


Companies Bill, 2008 finally Introduced in Lok Sabha

   23 October 2008 at 14:11

BILL INTENDS TO MODERNIZE STRUCTURE FOR CORPORATE REGULATION IN THE COUNTRY The much-awaited Companies Bill, 2008 has been introduced in the Lok Sabha. Minister of Corporate Affairs, Shri Prem Chand Gupta introduce the Bill to consolidate and am

Posted in Corporate Law  2 comments |   14505 Views


CENTRE MAY AMEND AS21 TO PLUG GAPS IN ACCOUNTING PRACTICES

   11 October 2008 at 17:50

The government may amend an accounting norm that gives certain exemptions to companies from consolidating the balance sheets of subsidiaries with that of the parent under certain circumstances. The idea is to ensure that companies do not take undue a

Posted in Corporate Law |   7518 Views


MCA new forms issued

   17 September 2008 at 16:48

Four Forms namely 20B, 21A, 23AC and 23ACA have been revised vide Notification NO: 655(E) dated 12-9-08.  Revised Forms will come into force from 28th September 2008. Please refer to the Notification below. Further, new version of Additional att

Posted in Corporate Law |   10077 Views


NEW LAW FOR REMOVING TIME LIMIT ON DIVIDEND CLAIM

   16 September 2008 at 12:55

The new company law proposes to remove the time limit for claiming dividend. The Companies Bill 2008 – recently cleared by the Cabinet and to be placed before Parliament soon – has removed the seven-year ceiling up to which unclaimed divi

Posted in Corporate Law |   9594 Views


Could Clause 49 be harmful for companies

   15 September 2008 at 12:53

The regulation may help one kind of firms and work to the detriment of others, Unequal footingBusiness group-affiliated firms are almost co-insured through internal markets

Posted in Corporate Law |   7677 Views


Cabinet clears Companies Bill, 2008

   30 August 2008 at 13:58

Encourages self-regulation, entrepreneurship; curbs insiders; Parliament nod expected in October, The Union Cabinet on Friday approved the Companies Bill 2008

Posted in Corporate Law  3 comments |   10974 Views