Corporate Law News

Parliament to take new Cos Bill in November

20 September 2010 at 10:01

The government on Friday said the new Companies Bill, which seeks to modernise corporate laws, will be taken up for consideration in the Winter session of Parliament in November. "The Standing Committee has given its report. By the next sess

Posted in Corporate Law | 6234 Views

Inacuraccies in migrating data from Manual Registry into electronic registry under MCA21

18 September 2010 at 12:10

Ministry has undertaken a massive drive to cleanse the MCA21 Registry, as it was found that a number of companies who were in the old Registry are not filing their documents in the MCA21 system. Accordingly, computer generated Show-cause Notices wer

Posted in Corporate Law | 4536 Views

Update on show cause notice issued by ROC

16 September 2010 at 15:34

ROCs have issued Show Cause Notices to the defaulting companies which have not filed their Balance Sheets and Annual Returns within the time Recently, ROCs have issued Show Cause Notices to the defaulting companies which have not filed their Balance

Posted in Corporate Law | 6333 Views

Report of the Parliamentary Standing Committee on Finance of the Companies Bill, 2009 and The Company Secretaries (Amendment) Bill

16 September 2010 at 14:50

REPORTS OF THE PARLIAMENTARY STANDING COMMITTEE ON FINANCE ON THE COMPANIES BILL, 2009 AND THE COMPANY SECRETARIES (AMENDMENT) BILL, 2010 The Hon’ble Parliamentary Standing Committee on Finance placed their report on the Companies Bill, 20

Posted in Corporate Law | 6183 Views

Exemption Regime for Small Companies, One Person Companies, Private Companies and Limited Liability Partnerships

15 September 2010 at 15:26

Exemption Regime for Small Companies, One Person Companies, Private Companies and Limited Liability Partnerships The Standing Committee on Finance (SCF), which thoroughly examined The Companies Bill, 2009 has recommended that as the exemption re

Posted in Corporate Law | 1 comments | 8337 Views

Recommendation to Make Formulation of a CSR Policy Mandatory for Big Companies

10 September 2010 at 15:41

Recommendation to Make Formulation of a CSR Policy Mandatory for Big Companies In response to the overwhelming concerns shown by the Standing Committee of Parliament on Finance (SCF), which thoroughly examined The Companies Bill, 2009, on the ex

Posted in Corporate Law | 2 comments | 6189 Views

Utilization of 'Investor Education and Protection Fund' for providing Immediate relief to small Investors Suggested

10 September 2010 at 10:11

Utilization of ‘Investor Education and Protection Fund’ for providing Immediate relief to small Investors Suggested Apart from a number of specific suggestions made by the Ministry of Corporate Affairs for strengthening Investor Protecti

Posted in Corporate Law | 2 comments | 5094 Views

Harmonization of the Provisions of the Companies Bill, 2009 with the International Financial Reporting Standards Recommended

09 September 2010 at 10:34

Harmonization of the Provisions of the Companies Bill, 2009 with the International Financial Reporting Standards Recommended The Standing Committee of Parliament, which thoroughly examined The Companies Bill, 2009, has observed that there are s

Posted in Corporate Law | 4215 Views

Standing Committee of Parliament Recommends Making the Appointment Process of Independent Directors Independent of the Company Management

07 September 2010 at 14:30

Standing Committee of Parliament Recommends Making the Appointment Process of Independent Directors Independent of the Company Management The Standing Committee of Parliament, which thoroughly examined The Companies Bill, 2009, has observed that

Posted in Corporate Law | 4749 Views

MCA releases preferable dates for filing annual return in alphabetical order

04 September 2010 at 10:51

MINISTRY OF CORPORATE AFFAIRSGOVERNMENT OF INDIA DEAR CORPORATES, WE THANK YOU FOR THE OVERWHELMING RESPONSE TO COMPANY LAW SETTLEMENT SCHEME 2010. THE MCA21 SYSTEM SAW A NEW RECORD OF 57,859 FILINGS ON A SINGLE DAY i.e ON 31ST AUGUST 2010. HOWEVER

Posted in Corporate Law | 4 comments | 8841 Views