Corporate Law News

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 | 14643 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 | 7701 Views

MCA new forms issued

17 September 2008 at 16:48

Four 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

Posted in Corporate Law | 10191 Views

NEW LAW FOR REMOVING TIME LIMIT ON DIVIDEND CLAIM

16 September 2008 at 12:55

The 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

Posted in Corporate Law | 9768 Views

Could Clause 49 be harmful for companies

15 September 2008 at 12:53

The 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

Posted in Corporate Law | 7866 Views

Cabinet clears Companies Bill, 2008

30 August 2008 at 13:58

Encourages self-regulation, entrepreneurship; curbs insiders; Parliament nod expected in October, The Union Cabinet on Friday approved the Companies Bill 2008

Posted in Corporate Law | 3 comments | 11070 Views

Withdrawal of circular filing of form 8 within 300 days

02 July 2008 at 21:34

The Hon'ble Company Law Board vide order dated 3-8-2007 passed under section 141 of the Companies Act-1956 had authorized the Central Government to accept documents relating to registration, modification and satisfaction of charges up to a period of

Posted in Corporate Law | 12306 Views

The Finance Bill, 2008 passed on 10th May 2008

12 May 2008 at 10:47

The Finance Bill, 2008 received the assent of the President of India on the 10th May, 2008 and consequently the Finance Act, 2008 is being published in the Gazette of India dated 10th May, 2008 as Act No.18 of 2008. Central Government has issued seve

Posted in Corporate Law | 1 comments | 13890 Views

ICSI Starts online payments from members & students

01 April 2008 at 10:14

Dear AllICSI has the acepting payments from members and students on line this facility is under the control of the citi bank, and 2% surchage will be collected on the payments. ICSI PAYMENT GA

Posted in Corporate Law | 14316 Views

Empanelment for Corporate Affairs Standards

24 March 2008 at 12:18

The Corporate Laws Committee of The Institute of Chartered Accountants of India has decided to formulate Corporate Affairs Standards in relation to various areas of corporate laws including mergers and acquisitions, due dilige

Posted in Corporate Law | 4650 Views