Corporate Law News

Change in additional fee to be levied for delays in filing Forms

24 November 2010 at 11:24

Change in additional fee to be levied for delays in filing Forms General Circular No: 4/2010 No. 2/7/2010-CL.V Government of India Ministry of Corporate Affairs 5th floor, `A' Wing, Shastri Bhavan, Dr. Rajendra Prasad Road, New Delhi-1

Posted in Corporate Law | 1 comments | 9729 Views

Filing of documents with delay on payment of additional fee

24 November 2010 at 11:20

Filing of documents with delay on payment of additional fee 1. Section 611(2) of the Companies Act, 1956 permits filing of documents with delay, without prejudice to any other liability, on payment of additional fee not exceeding ten times of th

Posted in Corporate Law | 6231 Views

Complaints Received by the Serious Fraud Investigation Office and the Registrar of Companies

23 November 2010 at 15:11

Complaints Received by the Serious Fraud Investigation Office and the Registrar of Companies The Minister for Corporate Affairs has informed the Lok Sabha that the Registrars of Companies (RoC) received complaints against various companies from

Posted in Corporate Law | 1 comments | 8457 Views

Substitution of Form 10 - LLP (Second Amendment) Rules, 2010

23 November 2010 at 11:23

Substitution of Form 10 - Limited Liability Partnership (Second Amendment) Rules, 2010 Notification No. G.S.R. 914(E) Dated 15-11-2010 In exercise of the powers conferred by sub-sections (1) and (2) of section 79 of the Limited Liability Part

Posted in Corporate Law | 5817 Views

MCA clarifies about Statutory Functioning of Competition Commission of India

23 November 2010 at 10:29

Statutory Functioning of Competition Commission of India The Minister for Corporate Affairs has said that the Competition Commission of India has fully started its statutory functions except Regulation of combinations, as Sections 5 & 6 of t

Posted in Corporate Law | 3279 Views

Instruction Contained in Circular of 1995 Modified to Achieve Filing of Documents by Companies with Less Delay

23 November 2010 at 10:25

Instruction Contained in Circular of 1995 Modified to Achieve Filing of Documents by Companies with Less Delay The Ministry of Corporate Affairs has modified the instruction contained in circular No.14/3/87-CL-V Vol. III dated 21.3.1995 to permi

Posted in Corporate Law | 4890 Views

Provisions for Faster Settlement of Insolvency Cases for Corporates

20 November 2010 at 10:55

Provisions for Faster Settlement of Insolvency Cases for Corporates The Minister for Corporate Affairs has said that the Companies Bill, 2009 which was introduced on 3rd August, 2009 has provisions for faster settlement of insolvency cases for c

Posted in Corporate Law | 4032 Views

Violation of the Companies act by IPL Franchises

19 November 2010 at 10:35

Violation of the Companies act by IPL Franchises The Government has said that it is looking into violation of the Companies Act, 1956 by some Indian Premier League (IPL) franchises. Giving this information in written reply to a question in the

Posted in Corporate Law | 7944 Views

Functioning of the Non-Official Directors on the Board of Central Public Sector Enterprises

19 November 2010 at 10:33

Functioning of the Non-Official Directors on the Board of Central Public Sector Enterprises The Government has said that as per information given by the Department of Public Enterprises it has so far not issued any guidelines regarding the asses

Posted in Corporate Law | 4035 Views

Pricing of Shares and Use of IPO Proceeds

19 November 2010 at 10:32

Pricing of Shares and Use of IPO Proceeds The Minister for Corporate Affairs has said that as per the information provided by the SEBI, Initial Public Offerings (IPO) price is fixed by the issue based on an analysis of the quantitative and quali

Posted in Corporate Law | 1 comments | 7041 Views