Review of Accounting System The Government has said that in accordance with the Article 150 of the Constitution, the form of accounts of the Union and the States are prescribed by the President on the advice of the Comptroller and Auditor General
Cases Pending Before the Company Law Board The Government has informed the Lok Sabha that as on 31.7.2010, a total number of 2,688 cases are pending before Company Law Board. Giving this information in written reply to a question in the Lok Sabha
More transparency in corporate donations to parties needed Corporate Affairs Minister Salman Khurshid on Wednesday advocated greater transparency in corporate donations to political parties saying it is important for shareholders to know how the m
Modernization of Corporate Governance The Government has said that it proposes to modernize corporate Governance through simpler, accountability obligated, transparent and democratic company law. Stating this intention of the Government in written
INDIA INVESTOR WEEK, 2010 The Ministry of Corporate Affairs organized India Investor Week from July 12-17, 2010 in order to bring a national focus on the subject of investor awareness. The Ministry partnered with the professional institutes, tra
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Regulatory Mechanism to Deal with Corporate Frauds The Minister of Corporate Affairs has informed the Lok Sabha that during the period from 01/04/2007 to 31/7/2010, investigations into the affairs of 44 companies have been referred by the Ministry
National Company Law Tribunal The Government has said that it proposes to set up a ‘National Company Law Tribunal’ to consolidate the powers and jurisdiction presently being exercised by various bodies namely, Company Law Board, Board
Scheme for Helping Companies to get the Delay Condoned The Minister of Corporate Affairs has informed the Lok Sabha that the number of companies that have not filed their Annual Return consecutively during the last three years – 2006-07, 200
Filing of Annual Return, Balance Sheet, Etc. by Companies Shri Salman Khurshid, Minister of Corporate Affairs, has said that under the Companies Act,1956, it is mandatory for all companies to submit annual return, balance-sheet, etc. to the Gover
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