Corporate Law News

New Norms for XBRL Filing

30 April 2013 at 17:50

New norms have been put in place for Extensible Business Reporting Language (XBRL) filing with effect from 6th October, 2011 for select class of companies. For the financial years 2010-11 and 2011-12 a total of 2,90,39 and 2,57,86 companies respe

Posted in Corporate Law | 1 comments | 21345 Views

Special Task Force Constituted in the SFIO to Investigate-The Affairs of Certain Chit Fund Companies

26 April 2013 at 11:51

The Ministry of Corporate Affairs has taken note of the misuse by certain “Chit Fund Companies” who have raised huge sums of money from the public at large. The State Governments are the appropriate authorities for regulation of such c

Posted in Corporate Law | 6330 Views

Monetary Ceilings of Salaries for the Corporate Sector including CEOS and CFOS

23 April 2013 at 12:06

There are no monetary ceilings of salaries laid down in the Companies Act,1956 for personnel serving in the corporate sector including CEOs, CFOs and Directors thereof. Giving this information in written reply to a question in the Rajya Sabha toda

Posted in Corporate Law | 14499 Views

Provision for Corporate Social Responsibility

23 April 2013 at 12:02

Under Companies Act, 1956 there is no provision for Corporate Social Responsibility (CSR) but the Companies Bill, 2012 incorporates a provision of CSR under Clause 135. This Clause states that every company having net worth of Rs. 500 crore or mor

Posted in Corporate Law | 15261 Views

Relaxation of additional fees and extension of last date in filing of various forms with the Ministry of Corporate Affairs

11 April 2013 at 10:39

Relaxation of additional fees and extension of last date in filing of various forms with the Ministry of Corporate Affairs-reg Circular No 08/2013 Dated : 10-04-2013

Posted in Corporate Law | 11541 Views

Competition Commission of India - Amendments to the Combination Regulations

06 April 2013 at 12:09

The Competition Commission of India (CCI) has amended the Combination Regulations with a view to further simplify the filing requirements and bring about greater certainty in the application of the Act and the Regulations. The provisions of the Co

Posted in Corporate Law | 9156 Views

ICSI National Awards for Excellence in Corporate Governance - 2012

06 April 2013 at 12:09

Chairman of the Awards Jury of the ICSI (Institute of Company Secretaries of India) and former Chief Justice of India Shri Justice M. N. Venkatachaliah here today presented the ICSI National Awards for Excellence in Corporate Governance -2

Posted in Corporate Law | 2 comments | 7338 Views

Companies(Acceptance of Deposits Amendment)Rules, 2013

22 March 2013 at 11:43

Companies(Acceptance of Deposits Amendment)Rules, 2013 Dated 21-03-2013

Posted in Corporate Law | 2 comments | 33369 Views

Relaxation of additional fees and extension of last date in filing of various forms with the MCA-reg

21 March 2013 at 10:15

Relaxation of additional fees and extension of last date in filing of various forms with the Ministry of Corporate Affairs-reg. General Circular No 07/2013 Dated 20:3:2013

Posted in Corporate Law | 12381 Views