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
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
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
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
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
Encourages self-regulation, entrepreneurship; curbs insiders; Parliament nod expected in October, The Union Cabinet on Friday approved the Companies Bill 2008
The Hon'ble Company Law Board vide order dated 3-8-2007 passed under section 141 of the Companies Act-1956 had authorized the Central Government to accept documents relating to registration, modification and satisfaction of charges up to a period of
The Finance Bill, 2008 received the assent of the President of India on the 10th May, 2008 and consequently the Finance Act, 2008 is being published in the Gazette of India dated 10th May, 2008 as Act No.18 of 2008. Central Government has issued seve
Dear AllICSI has the acepting payments from members and students on line this facility is under the control of the citi bank, and 2% surchage will be collected on the payments. ICSI PAYMENT GA
The Corporate Laws Committee of The Institute of Chartered Accountants of India has decided to formulate Corporate Affairs Standards in relation to various areas of corporate laws including mergers and acquisitions, due dilige