CAclubindia News

Rupee hits a new low as fall continues

14 December 2011 at 10:33

Touches 53.52 to a dollar; most dealers say the currency can decline further against the greenback The rupee fell to a new low of 53.52 a dollar on Tuesday before ending the day at 53.23, with the euro’s weakness against the US unit adding

Posted in Community & General | 1 comments | 3831 Views

Meeting of Standard Audit Committee

13 December 2011 at 11:33

Meeting of Standard Audit Committee

Posted in Audit | 4530 Views

Interest rates may remain unmoved by the dip in industrial growth

13 December 2011 at 11:16

There is no doubt that falling economic growth indicators will put more pressure on RBI, which is waging a lone fight against inflation, to change its stance If there was any confirmation needed that the economy is in the grip of a slowdown, thi

Posted in Community & General | 2916 Views

Banks get seat on board for AI turnaround

13 December 2011 at 11:16

The new monitoring board is expected to be established after the cabinet clears the turnaround plan India’s aviation ministry has agreed to allow Air India’s lenders to be part of a monitoring board that will oversee execution of the

Posted in Community & General | 7218 Views

Fraudulent Companies under Section 209A of Companies Act, 1956

13 December 2011 at 11:14

Some Complaints have been received against a few companies after getting just a registration number from the Registrar of Companies are active in the business of obtaining money under various schemes by alluring people, particularly in rural areas

Posted in Corporate Law | 5112 Views

MCA-Reservation in Promotions-77th Amendment

13 December 2011 at 11:14

The reservation in promotion is strictly followed and implemented in the Ministry of Corporate Affairs as per the provisions made in the Constitution through 77th Amendment. The details of promotions made during last five years n all categories

Posted in Corporate Law | 7674 Views

Blacklisting of Companies

13 December 2011 at 11:14

The case number 43/2010 on Modular Operation Theatres is under the adjudication in the Competition Commission of India (CCI) which is a quasi judicial body. Companies found indulging in bid rigging, cartelization and other fraudulent means thereby

Posted in Corporate Law | 3864 Views

Dormant companies or Inactive Companies

13 December 2011 at 11:14

As per the present policy of the Ministry, companies which have not filed their Annual Returns and Balance Sheets for the last three consecutive years or more are identified as ‘dormant companies’. The details of the dormant companie

Posted in Corporate Law | 5415 Views

Interest Rate on PPF

13 December 2011 at 10:46

The Provident Fund handled by the Employees’ Provident Fund Organisation is known as Employees’ Provident Fund (EPF). Rate of interest on Employees’ Provident Fund for every year is recommended by the Central Board of Trustees, E

Posted in Community & General | 10011 Views

Ministry to appoint 3 new members to CLB

12 December 2011 at 10:57

CLB has been running short of staff for around five years and has at least 2,500 pending cases related to various aspects of company law In its bid to institute a strong company law tribunal, the ministry of corporate affairs (MCA) has begun the

Posted in Community & General | 8010 Views