Corporate Law News

Interest rate on PPF and NSC schemes increased by 0.4 percent

21 September 2018 at 15:35

Government announces the Revision of interest rates for Small Savings Schemes for the Third Quarter of the current Financial Year 2018-19 On the basis of the decision of the Government of India, the interest rates for Small Savings Schemes are to be

Posted in Corporate Law | 3885 Views

MCA mandates shares transactions only in Demat Form for all Unlisted Public Cos.

11 September 2018 at 15:53

The Ministry of Corporate Affairs (MCA) has notified that with effect from 2nd October, 2018, issue of further shares and transfer of all shares by unlisted public companies shall be in dematerialised form only. The MCA has taken this step as a measu

Posted in Corporate Law | 1 comments | 3612 Views

MCA award for CSR initiatives

11 September 2018 at 11:30

NOTIFICATION FOR ALL ELIGIBLE CSR COMPANIESWith the enforcement of Companies Act, 2013, Corporate Social Responsibility (CSR) provision under Section 135 has become applicable for companies meeting certain thresholds defined in the Act. The mandate f

Posted in Corporate Law | 3624 Views

Important Clarification on filing of BEN-1 under Companies Act 2013

11 September 2018 at 11:30

General Circular No. 08/2018 F.No.01/01/2018-CL-V GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS 5th Floor, 'A' Wing Shastri Bhawan, Dr. R.P. Road, New Delhi Dated: 10.09.2018 To All Regional Directors, All Registrars of Companies, All St

Posted in Corporate Law | 4845 Views

Committee recommends measures on penal provisions of Company Act 2013

28 August 2018 at 10:48

Committee on review of penal provisions of Company Act 2013 submits final report to Shri Arun JaitleyRecommends Restructuring of Corporate Offences to relieve Special Courts from adjudicating routineoffences; De-clogging the NCLTMade several recommen

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Arun Jaitely takes charge of MCA and Finance Ministry

24 August 2018 at 11:41

The Union Minister Shri Arun Jaitely today resumes the charge of Ministries of Finance and Corporate AffairsThe Union Minister, Shri Arun Jaitley today resumed the charge of the Ministries of Finance and Corporate Affairs after a gap of more than thr

Posted in Corporate Law | 4566 Views

Director KYC due date extended to 15th September

23 August 2018 at 11:28

Government of IndiaMINISTRY OF CORPORATE AFFAIRSNotificationNew Delhi, dated 21st August, 2018G.S.R. ��(E).-In exercise of the powers conferred by sections 396,398,399, 403 and 404 read with sub-sections (1) and (2) of section 469 of th

Posted in Corporate Law | 2 comments | 14160 Views

SFIO arrests MD of Bhusan Steel in connection with Investigation into affairs of the Company

10 August 2018 at 10:55

Serious Fraud Investigation Office (SFIO) arrests Mr. Neeraj Singhal in connection with investigation into the affairs of Bhushan Group of CompaniesMr. Neeraj Singhal, erstwhile Promoter and Managing Director of Bhushan Steel Limited was arrested by

Posted in Corporate Law | 3 comments | 4494 Views

CSPM issues notices to 272 Companies on CSR Compliance

08 August 2018 at 11:09

Centralised Scrutiny and Prosecution Mechanism sends notice to 272 companies on CSR compliance for FY 2015-16Union Minister of State for Law & Justice and Corporate Affairs Shri P.P. Chaudhary said in Rajya Sabha today that the Ministry has estab

Posted in Corporate Law | 3738 Views

2,25,910 companies under scanner of MCA for not filing returns

04 August 2018 at 14:43

2,25,910 companies under scanner of MCA for not filing returns for Year 2015-16 & 2-16-17Union Minister of State for Law & Justice and Corporate Affairs Shri P.P. Chaudhary said in Lok Sabha today that during financial year 2018-19, a total o

Posted in Corporate Law | 1 comments | 4626 Views