Corporate Law News

Salman Khurshid assumes charge as Minister for Corporate Affairs

04 June 2009 at 12:12

Shri Salman Khurshid assumes charge as Minister for Corporate Affairs Shri Salman Khurshid assumed his charge as the Minister of State (Independent Charge) for Corporate Affairs, here at Shastri Bhavan today. He was welcomed by the Secretary, Sh

Posted in Corporate Law | 6183 Views

SC upholds Sebi supremacy over unregistered cos

22 April 2009 at 16:10

Author : Rakesh Bhatnagar/DNASays SAT has no discretionary power on issues under Sec 12(1) of Sebi ActThe Securities and Exchange Board of India (Sebi) won a crucial judgment in the Supreme Court against the Securities Appellate Tribunal (SAT), which

Posted in Corporate Law | 11310 Views

LLP begin its journey from 01.04.2009

04 April 2009 at 22:36

A corporate business vehicle that enables professional expertise and entrepreneurial initiative to combine and operate in flexible, innovative and efficient manner, providing benefits of limited liability while allowing its members the flexibility or

Posted in Corporate Law | 19773 Views

Crisis makes companies to look for divestments

25 March 2009 at 14:02

53% of respondents in E&Y survey mull divestments for various reasons Author : DNA Money CorrespondentThe financial crisis and subsequent slowdown in the economy have given enough reasons to the business community for divesting their assets

Posted in Corporate Law | 5961 Views

Appointment of CS - limit revised to 5 crores from 2 Crores

08 January 2009 at 12:58

COMPANIES (APPOINTMENT AND QUALIFICATIONS OF SECRETARY) AMENDMENT RULES, 2009 - AMENDMENT IN RULE 3NOTIFICATION NO. G.S.R. 11 (E), DATED 5-1-2009 In exercise of the powers conferred by clauses (a) and (b) of sub-section (1) of section 642 read with c

Posted in Corporate Law | 9 comments | 51810 Views

Ministry of Corporate Affairs marching ahead on the path of reforms

23 December 2008 at 12:08

LIMITED LIABILITY PARTNERSHIP BILL PASSED BY THE PARLIAMENT, NEW COMPANY LAW BILL INTRODUCED, COMPETITION COMMISSION BEING CONSTITUTED FULLY.... In the wake of the current global economic scenario, most of the countries are passing through turbulence

Posted in Corporate Law | 9078 Views

Parliament Passes Limited Liability Partnership (LLP) Bill 2008

15 December 2008 at 12:02

Parliament Passes Limited Liability Partnership (LLP) Bill 2008Parliament has passed the Limited Liability Partnership (LLP) Bill 2008. Lok Sabha today gave its ass

Posted in Corporate Law | 8 comments | 25281 Views

Foundation stone for Indian Institute of corporate affairs laid

10 November 2008 at 19:39

Shri Prem Chand Gupta, Minister for Corporate Affairs, today laid the Foundation Stone of the Indian Institute of Corporate Affairs at Manesar, Haryana. Shri Bhupinder Singh Hooda, Chief Minister of Haryana and Shri Anurag Goel, Secretary, Ministr

Posted in Corporate Law | 10530 Views

Companies Bill, 2008 finally Introduced in Lok Sabha

23 October 2008 at 14:11

BILL INTENDS TO MODERNIZE STRUCTURE FOR CORPORATE REGULATION IN THE COUNTRY The much-awaited Companies Bill, 2008 has been introduced in the Lok Sabha. Minister of Corporate Affairs, Shri Prem Chand Gupta introduce the Bill to consolidate and am

Posted in Corporate Law | 2 comments | 14535 Views

CENTRE MAY AMEND AS21 TO PLUG GAPS IN ACCOUNTING PRACTICES

11 October 2008 at 17:50

The government may amend an accounting norm that gives certain exemptions to companies from consolidating the balance sheets of subsidiaries with that of the parent under certain circumstances. The idea is to ensure that companies do not take undue a

Posted in Corporate Law | 7539 Views