Corporate Law News
Fraudulent Companies under Section 209A of Companies Act, 1956
13 December 2011 at 11:14Some Complaints have been received against a few companies after getting just a registration number from the Registrar of Companies are active in the business of obtaining money under various schemes by alluring people, particularly in rural areas
MCA-Reservation in Promotions-77th Amendment
13 December 2011 at 11:14The reservation in promotion is strictly followed and implemented in the Ministry of Corporate Affairs as per the provisions made in the Constitution through 77th Amendment. The details of promotions made during last five years n all categories
Blacklisting of Companies
13 December 2011 at 11:14The case number 43/2010 on Modular Operation Theatres is under the adjudication in the Competition Commission of India (CCI) which is a quasi judicial body. Companies found indulging in bid rigging, cartelization and other fraudulent means thereby
Dormant companies or Inactive Companies
13 December 2011 at 11:14As per the present policy of the Ministry, companies which have not filed their Annual Returns and Balance Sheets for the last three consecutive years or more are identified as ‘dormant companies’. The details of the dormant companie
ICSI Foundation Day Celebrations
10 December 2011 at 10:57Vision of Professional Body Like The ICSI and its Members Should Capture Expectations of its Various Stakeholders-RPN Singh Shri R P N Singh , Minister of State for Corporate Affairs, While delivering the ICSI FOUNDATION DAY Lecture here today
MCA has issued Cost Accounting Record Rules
09 December 2011 at 11:591. The Cost Accounting Records (Telecommunication Industry) Rules, 2011 2. The Cost Accounting Records (Sugar Industry) Rules, 2011 3. The Cost Accounting Records (Pharmaceutical Industry) Rules, 2011 4. The Cost Accounting Records (Petroleum Indu
Early Warning System introduced by MCA
09 December 2011 at 11:48Early Warning System The Ministry of Corporate Affairs introduced an ‘Early Warning System” (EWS) in 2009 based on certain financial and non-financial indictors to ensure, as far as possible, that there is no recurrence of cases simila
Updating of Income Tax PAN details in MCA21 DIN DATA
09 December 2011 at 11:48GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS ATTENTION: All DIRECTORS of ANY COMPANY Updating of Income Tax PAN Details in MCA21 DIN DATA General Circular No: 32/2011 dated 31/05/2011 read with 66/2011 Dated 4/10/2011, Ministry of Corpora
Stringent penal provisions for action against vanishing companies, prevention of frauds
08 December 2011 at 22:30The Companies Act, 1956, which is proposed to be repealed by the Companies Bill, 2011, provides for more stringent penal provisions for action against vanishing companies, prevention of frauds etc. An expert group under the chairmanship of Dr. J
Committee constituted to suggest amendments in the Competition Act, 2002
08 December 2011 at 22:30The Government has constituted a Committee inter-alia to suggest amendments in the Competition Act, 2002 to fine tune it. The work of the Committee is in progress. There is no proposal presently under the consideration of the Government to empow
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