Age-Limit for Senior Citizens Facilities The Maintenance and Welfare of Parents and Senior Citizens Act, 2007 defines ‘Senior Citizen’ as a person who has attained the age of 60 years or above. The Act provides for claim for maintena
One Rank One Pension The Parliamentary Standing committee on Defence has urged the government to reconsider the demand of "One Rank One Pension" for the ex-servicemen. The Parliamentary Standing Committee on Defence (15th LOK SABHA)
Statutory Functioning of Competition Commission of India The Minister for Corporate Affairs has said that the Competition Commission of India has fully started its statutory functions except Regulation of combinations, as Sections 5 & 6 of t
Instruction Contained in Circular of 1995 Modified to Achieve Filing of Documents by Companies with Less Delay The Ministry of Corporate Affairs has modified the instruction contained in circular No.14/3/87-CL-V Vol. III dated 21.3.1995 to permi
Savings Rate is Likely to Rise Further: FM Arrival of India’s Corporations in Global Market Place is Optimistic Prognosis for the Economy: FM Union Finance Minister Shri Pranab Mukherjee has expressed confidence that we are in a positio
Provisions for Faster Settlement of Insolvency Cases for Corporates The Minister for Corporate Affairs has said that the Companies Bill, 2009 which was introduced on 3rd August, 2009 has provisions for faster settlement of insolvency cases for c
Result of ISA Eligibility Test held on 13th November, 2010
Government Aiming at Double Digit GDP Growth in Medium Term: FM One Trillion US Dollar Required for Infrastructure Sector: FM Financial Sector Legislative Reforms Commission to be Set up to Clean up Financial Sector Laws: FM Union Finance Mi
Violation of the Companies act by IPL Franchises The Government has said that it is looking into violation of the Companies Act, 1956 by some Indian Premier League (IPL) franchises. Giving this information in written reply to a question in the
Functioning of the Non-Official Directors on the Board of Central Public Sector Enterprises The Government has said that as per information given by the Department of Public Enterprises it has so far not issued any guidelines regarding the asses
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India