Corporate Law News
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08 December 2011 at 22:30The Companies Act, 1956, which is proposed to be repealed by the Companies Bill, 2011, provides for more stringent penal provisions for action against vanishing companies, prevention of frauds etc.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
Performance of Competition Commission of India
08 December 2011 at 22:30Competition Commission of India has been established with the objective to eliminate practice having adverse effect on competition, promote and sustain competition, protect the interest of consumers and ensure freedom of trade carried on or by oth
New Law for Societies Registration Act
08 December 2011 at 22:30Non-corporate business entities and Societies are governed by the Law under which they are registered or incorporate. Each such law has suitable provisions concerning disclosure and accountability etc. The Societies Registration Act, 1860 throug
Comittee for National Competition Policy formed
07 December 2011 at 18:12Government has constituted a Committee for drafting the National Competition Policy with a view to achieve highest sustainable levels of economic growth, entrepreneurship, employment, higher standards of living for citizens, protect economic right
Statutory Status for Serious Fraud Investigation Office
07 December 2011 at 18:12The provision in respect of statutory status to Serious Fraud Investigation Office has been proposed in the revised Companies Bill 2011 to be introduced in the ongoing session of the Parliament.
Companies bill to be tabled in Parliament this week
05 December 2011 at 11:08Even as Parliament failed to transact any business in the ongoing winter session due to the FDI conflict, corporate affairs minister M Veerappa Moily sounded an end to the logjam when said he hoped to introduce the Companies Bill in Parliament in
Cost Accounting Records and Cost Audit - clarifications about coverage of certain sectors thereunder
01 December 2011 at 11:11General Circular No. 67/2011 52/13/CAB-2011 Government of India Ministry of Corporate Affairs Cost Audit Branch ***** ‘B-1’ Wing, 2nd Floor, Paryavaran Bhawan, CGO Complex, Lodhi Road, New Delhi – 110 003 Dated the November 30, 2
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