Corporate Law News
Salaries of Chief Executives
25 August 2011 at 17:42The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabha that the Companies Act, 1956 has prescribed a ceiling on the remuneration of chief executive officers (CEOs) of companies . The total man
Violation of Companies Act
25 August 2011 at 17:28The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabha that the number of prosecutions filed for the violations of the provisions of the Companies Act, 1956 and disposed of during last three years
Valuation Professionals Bill
18 August 2011 at 16:38The report submitted by the Expert Group on Valuation Professionals Bill including the comments received in this regard from the stakeholders are under consideration of this Ministry and No definite time frame can be given at this stage. This
Competition Commission of India : Composition and functions
18 August 2011 at 16:38The Competition Commission of India has been constituted under Section 7 of the Competition Act, 2002 as amended in 2007. The Competition Commission of India consists of a Chairperson and not less than two and not more than six other Members. Un
Cases of corporate frauds
18 August 2011 at 16:31There is no verified information available to suggest that the cases of corporate frauds are on the increase. Number of prosecutions filed for the violations of the provisions of the Companies Act, 1956 for the last three years
Limited Liability Partnership Rules
18 August 2011 at 16:28The Limited Liability Partnership Rules, 2009 were notified on 01.04.2009. As on 08-08-2011, 5883 LLPs are registered all over India. The Limited Liability Partnership (LLP) is an alternative corporate business vehicle that provides the benefi
Process for Registration of a Company
18 August 2011 at 16:26The Ministry of Corporate Affairs has simplified procedures under MCA-21 to enable registration of a company within 24 to 48 hours where there is no difficulty about availability of name etc. The various elements of this process are; (i) Directo
Invitation for Empanelment of Resource Persons for preparation of Guidance Note relating to Performance Appraisal Report
18 August 2011 at 10:59Ministry of Corporate Affairs vide notification number 430 dated 3rd June 2011 has issued The Companies (Cost Audit Report) Rules 2011. Every cost auditor has to submit the Cost Audit Report as per these rules from 1st April 2012 irrespective of t
Corporate Governance on Sustainability into Corporate DNA
17 August 2011 at 12:24CHIEF OF BUSINESS BUREAU August 16.August' 2011 PRESS RELEASE ICSI CORPORATE GOVERNANCE CONCLAVE on &ld
Schedule of XBRL Program organized by ICSI
17 August 2011 at 12:23The Ministry of Corporate Affairs has issued various General Circulars (the last being Circular No. 57/2011 dated 28th July 2011) mandating certain class of companies to file, on or before 30th November 2011, their balance sheets & profit and
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