Corporate Law News

'ONE PERSON COMPANY' MAY APPEAR SOON ::

27 November 2007 at 08:41

The draft Companies Bill, 2007, has proposed a new entity called a one-person company (OPC) as a measure to provide start-up entrepreneurs and professionals the much- needed flexibility in setting up a business in India. The onerous compliance req

Posted in Corporate Law | 1 comments | 16119 Views

New Company Law at the threshold!!!

21 October 2007 at 13:30

Preparations for a new Company Law are in final stage and the bill would be introduced in the winter session of Parliament, Union Minister of State for Law and Justice K Venkatapathy said.The new law was aimed at striking a fine balance between freed

Posted in Corporate Law | 3 comments | 11358 Views

Latest CLB order on Section 141

03 October 2007 at 17:12

Now Central Govt. is authorised to accept the forms for registration/ modification/ satisfaction of charges upto a period of 300 days from the date of event. Additional fee for delay beyond 30 days will be payable.For the latest order of CLB on Secti

Posted in Corporate Law | 6345 Views

ICSI going high tech

29 August 2007 at 17:35

Students can now pursue the fast-growing secretarial profession even ontheir mobile phones. The profession's regulator, the Institute ofCompany Secretaries of India (ICSI), will soon introduce virtualclassrooms, which could be accessed through intern

Posted in Corporate Law | 6111 Views

Dissemination of information on 'Debentures' !

08 August 2007 at 23:05

It has been decided that the companies issuing debentures and the respective debenture trustees/stock exchanges shall disseminate all information regarding the debentures to the investors and the general public. Debenture trustee shall disclose the

Posted in Corporate Law | 4317 Views

Now Company Secretaries can prefix the word CS

27 June 2007 at 03:40

The Council of the Institute (ICSI) in its 173rd meeting held on June 23-24,2007 has decided that a member of the Institute may prefix CS to his name inorder to distinguish himself from other professionals and to create brandimage of the CS professio

Posted in Corporate Law | 7020 Views

Significant changes in MCA 21 after July 1 2007

26 June 2007 at 00:24

Announcement on Significant changes scheduled to be implemented under MCA-21 with effect from July 1, 2007Sub: Significant changes scheduled to be implemented under MCA-21 with effect from July 1, 2007As you are aware that the Ministry of Corporate A

Posted in Corporate Law | 7497 Views

Common Causes for rejection of DIN applications

04 June 2007 at 23:45

MCA NotificationBefore you fill-in application for DINPlease remember following common causes of REJECTIONS * Mismatch in the Name and Father's Name in DIN form with the ID (Identity) proof enclosed. The Name of the applicant should exactly match

Posted in Corporate Law | 5874 Views

FBT cutoff: Esops get April Fool's Day surprise

24 April 2007 at 08:21

COMPANIES hoping to escape the fringe benefit tax (FBT) on employeestock option plans (Esop) by allotting shares to their employees aheadof the government notification are in for a rude shock. The tax will beapplicable from April 1, 2007, and, theref

Posted in Corporate Law | 4725 Views

Pay FBT in advance

13 March 2007 at 23:25

TAX payers will now have to pay FBT when they make payments for advancetax to the governments. Budget 2007-08 has aligned the due dates forpayment of FBT with advance corporate or income tax.Finance Minister P Chidambaram has proposed amendments in t

Posted in Corporate Law | 8256 Views