Corporate Law News
Crisis makes companies to look for divestments
25 March 2009 at 14:0253% 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
Appointment of CS - limit revised to 5 crores from 2 Crores
08 January 2009 at 12:58COMPANIES (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
Ministry of Corporate Affairs marching ahead on the path of reforms
23 December 2008 at 12:08LIMITED 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
Parliament Passes Limited Liability Partnership (LLP) Bill 2008
15 December 2008 at 12:02Parliament Passes Limited Liability Partnership (LLP) Bill 2008Parliament has passed the Limited Liability Partnership (LLP) Bill 2008. Lok Sabha today gave its ass
Foundation stone for Indian Institute of corporate affairs laid
10 November 2008 at 19:39Shri 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
Companies Bill, 2008 finally Introduced in Lok Sabha
23 October 2008 at 14:11BILL 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
CENTRE MAY AMEND AS21 TO PLUG GAPS IN ACCOUNTING PRACTICES
11 October 2008 at 17:50The 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
MCA new forms issued
17 September 2008 at 16:48Four Forms namely 20B, 21A, 23AC and 23ACA have been revised vide Notification NO: 655(E) dated 12-9-08. Revised Forms will come into force from 28th September 2008. Please refer to the Notification below. Further, new version of Additional att
NEW LAW FOR REMOVING TIME LIMIT ON DIVIDEND CLAIM
16 September 2008 at 12:55The new company law proposes to remove the time limit for claiming dividend. The Companies Bill 2008 – recently cleared by the Cabinet and to be placed before Parliament soon – has removed the seven-year ceiling up to which unclaimed divi
Could Clause 49 be harmful for companies
15 September 2008 at 12:53The regulation may help one kind of firms and work to the detriment of others, Unequal footingBusiness group-affiliated firms are almost co-insured through internal markets
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