Corporate Law News
MCA - Submission of Annual Reports
22 March 2012 at 17:28The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabha that it is mandatory, under the Companies Act, 1956 for all companies to submit Annual Returns, Balance Sheet etc to the Government. Replyi
Constitution of a Committee t o formulate a Policy Document on Corporate Governance
20 March 2012 at 12:46NO. 17/46/2012-CL-V Government of India Ministry of Corporate Affairs 5th floor, 'A’ Wing, Shastri Bhawan, Dr. Rajendra Prasad Road, New Delhi Dated: l 9th March, 2012 OFFICE MEMORANDUM Subject:-Constitution of a Committee t o
Setting Up of NCLT and NCLAT
19 March 2012 at 17:46The Government proposes to set up National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal (NCLAT). Provisions have been incorporated in the Companies Bill, 2011 which has been introduced in the Lok Sabha on 14.12.2011. T
Failure in filing Balance Sheet or Annual Return : Companies Blacklisted
19 March 2012 at 17:46As per general circular No. 33/2011 dated 01/06/2011, the Government has marked 1,55,394 companies as “Defaulting Companies” for failure to file Balance Sheet or Annual Return for any of the financial years, 2006-07, 2007-08, 2008-09 a
Corporate Houses Found Involved in Various Scams During the Last Three Years
19 March 2012 at 17:46Corporate Houses found to have prima facie violated provisions of the Indian Penal Code can be regarded as being ‘involved in scams’. As per investigation reports received in the Ministry, 21 Companies fall in this category. List of su
Vanishing Companies
15 March 2012 at 18:13The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabha that the Companies Bill, 2011 provides for more detailed requirements in the form disclosures/declarations to be made by companies, and their
Limited Liability Partnership
15 March 2012 at 18:13The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabha that the Limited Liability Partnership Act, 2008 (LLP) which came into effect from March 31, 2009, provides for any individual or body corpor
ICAI National Cost Convention-2012 begins - RPN Singh calls for public friendly Accounting
15 March 2012 at 17:11Shri R.P.N. Singh, Minister of State for Corporate Affairs has emphasized upon public friendly Accounting. Inaugurating the three day long 53rd National Cost Convention of Cost and Management Accountants (CMA) for the year 2012 organised by the In
Standing Committee on Finance recommends widening the scope of the definition of "accountant"
12 March 2012 at 10:23Mr. M.Gopalakrishnan, President of The Institute of Cost Accountants of India, announced, that the cost and management accounting profession, is getting its due recognition in the Direct Taxation areas , as accepted by the 49th Report of the Stand
Symposium on Corporate Social Responsibility
09 March 2012 at 17:48The Department of Public Enterprises in partnership with World Bank and Harvard Business School is organising a Symposium, tomorrow in Mumbai on Corporate Social Responsibility (CSR) - to share knowledge and experience about the trends and best pr
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