Corporate Law News

MCA - Registration of Companies under the Companies Act, 1956

27 March 2012 at 15:19

The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Rajya Sabha that Under the Companies Act, 1956, there is no specific provision for mandatory registration of foreign companies engaged in on-line busin

Posted in Corporate Law | 13446 Views

Implementation of XBRL

27 March 2012 at 12:11

The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed theRajya Sabha that the Ministry has set up a committee in November 2011 comprising of XBRL experts and representatives from the corporate sector as well a

Posted in Corporate Law | 5634 Views

Regulation of Foreign Chartered Accountant Firms

27 March 2012 at 12:11

The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Rajya Sabha that the Indian Chartered Accountant (CA) firms are regulated by the Institute of Chartered Accountants of India (ICAI) in terms of provisi

Posted in Corporate Law | 5052 Views

Constitution of a Committee to formulate a Policy Document on Corporate Governance

24 March 2012 at 15:12

Constitution of a Committee to formulate a Policy Document on Corporate Governance General Circular No -6 -2012 Dated 21st March 2012

Posted in Corporate Law | 3 comments | 3612 Views

MCA - Submission of Annual Reports

22 March 2012 at 17:28

The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabha that it is mandatory, under the Companies Act, 1956 for all companies to submit Annual Returns, Balance Sheet etc to the Government. Replyi

Posted in Corporate Law | 10119 Views

Constitution of a Committee t o formulate a Policy Document on Corporate Governance

20 March 2012 at 12:46

NO. 17/46/2012-CL-V Government of India Ministry of Corporate Affairs 5th floor, 'A’ Wing, Shastri Bhawan, Dr. Rajendra Prasad Road, New Delhi Dated: l 9th March, 2012 OFFICE MEMORANDUM Subject:-Constitution of a Committee t o

Posted in Corporate Law | 4053 Views

Corporate Houses Found Involved in Various Scams During the Last Three Years

19 March 2012 at 17:46

Corporate Houses found to have prima facie violated provisions of the Indian Penal Code can be regarded as being ‘involved in scams’. As per investigation reports received in the Ministry, 21 Companies fall in this category. List of su

Posted in Corporate Law | 3318 Views

Setting Up of NCLT and NCLAT

19 March 2012 at 17:46

The Government proposes to set up National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal (NCLAT). Provisions have been incorporated in the Companies Bill, 2011 which has been introduced in the Lok Sabha on 14.12.2011. T

Posted in Corporate Law | 9834 Views

Failure in filing Balance Sheet or Annual Return : Companies Blacklisted

19 March 2012 at 17:46

As per general circular No. 33/2011 dated 01/06/2011, the Government has marked 1,55,394 companies as “Defaulting Companies” for failure to file Balance Sheet or Annual Return for any of the financial years, 2006-07, 2007-08, 2008-09 a

Posted in Corporate Law | 10308 Views

Vanishing Companies

15 March 2012 at 18:13

The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabha that the Companies Bill, 2011 provides for more detailed requirements in the form disclosures/declarations to be made by companies, and their

Posted in Corporate Law | 3114 Views