Corporate Law News

Insolvency and Bankruptcy board notifies regulations for handling Grievances

11 December 2017 at 11:07

The Insolvency and Bankruptcy Board of India (IBBI) notifies Regulations for handling of Grievances and Complaints. The Insolvency and Bankruptcy Board of India (IBBI) has notified the IBBI (Grievance and Complaint Handling Procedure) Regulations, 20

Posted in Corporate Law | 1890 Views

Ordinance to amend the Insolvency and Bankruptcy Code promulgated

24 November 2017 at 11:14

Ordinance to amend the Insolvency and Bankruptcy Code, 2016 promulgated; Ordinance aims at putting in place safeguards to prevent unscrupulous, undesirable persons from misusing or vitiating the provisions of the Code. The Government of India promulg

Posted in Corporate Law | 2517 Views

Insolvency and Bankruptcy Board strengthens its Due Diligence Framework

08 November 2017 at 10:35

Insolvency and Bankruptcy Board of India (IBBI) strengthens its Due Diligence Framework under the Insolvency and Bankruptcy Code, 2016 Now prior to approval of a Resolution Plan, the Resolution Applicants, including promoters, will be put to a string

Posted in Corporate Law | 2322 Views

Centre asks states to identify properties of struck off companies

27 October 2017 at 11:00

The Minister of State for Law, Justice and Corporate Affairs, Mr. P. P. Chaudhary reviews the follow-up action by the States on properties belonging to around 2.09 lakh companies struck-off from the Register of Companies by the Central Government. M

Posted in Corporate Law | 2946 Views

MACS adopts Secretarial Standard issued by ICSI

15 September 2017 at 11:02

Malaysian Association of Company Secretaries (MACS) to adopt the Secretarial Standards issued by the Institute of Company Secretaries of India (ICSI) as the benchmark. The Ministry of Corporate Affairs has approved a request of the Malaysian Associat

Posted in Corporate Law | 3 comments | 3921 Views

MCA disqualifies more than 1 lakh directors of shell companies

13 September 2017 at 10:43

Ministry of Corporate Affairs (MOCA) identifies more than one lakh directors of shell companies for disqualification Pursuant to the action of the Ministry of Corporate Affairs of cancellation of registration of around 2.10 lakh (2,09,032) defaulting

Posted in Corporate Law | 2 comments | 25377 Views

List of Directors associated with struck off companies u/s 248

08 September 2017 at 10:49

To view the list of Directors associated with struck off companies issued in that location, click on the desired RoC as mentioned below: RoC Ahmedabad RoC Bangalore RoC Chandigarh RoC Chennai RoC Chhattisgarh RoC Coimbatore RoC Cuttack RoC Delhi RoC

Posted in Corporate Law | 7599 Views

Punishment for Siphoning off Money from Bank Accounts of Struck Off Companies

07 September 2017 at 10:30

Stricter Norms for Corporate Governance: Punishment for Siphoning off Money from Bank Accounts of “Struck Off” Companies; Disqualifation of Directors from Being Appointed or Reappointed in Companies MoS (CA) Shri P P Chaudhary: Exercise o

Posted in Corporate Law | 3852 Views

Task Force on Shell Companies for effectively tackling the malpractices

29 July 2017 at 13:23

A ‘Task Force on Shell Companies’ under the Joint Chairmanship of Revenue Secretary and Secretary, Ministry of Corporate Affairs was constituted in February, 2017 for effectively tackling the malpractices by shell companies/ponzy companie

Posted in Corporate Law | 3534 Views

Issues arising from implementation of MAT on IAS compliant companies

26 July 2017 at 10:43

Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct TaxesIssues arising from the implementation of Minimum Alternate Tax (MAT) provisions relating to Indian Accounting Standards (Ind AS) compliant companies.Finance Act,

Posted in Corporate Law | 4068 Views