Corporate Law News

Insolvency Professionals to act as Interim Resolution Professionals

18 December 2017 at 10:56

Insolvency Professionals to act as Interim Resolution Professionals or Liquidators (Recommendation) Guidelines, 2017Provisions in the Insolvency and Bankruptcy Code, 20161. Section 16(3)(a) of the Insolvency and Bankruptcy Code, 2016 (Code) requires

Posted in Corporate Law | 2391 Views

Relaxation of additional fees for filing form CRA4 under Companies Act

11 December 2017 at 11:08

General Circular No 15/2017 F. No. 52/28/CAB/2017 Government of India Ministry of Corporate Affairs 5th Floor, 'A' Wing, Shastri Bhawan, Dr. Rajendra Prasad Road, New Delhi-1 Dated the 04th December, 2017 To All Regional Directors, All Regist

Posted in Corporate Law | 3180 Views

Insolvency and Bankruptcy board notifies regulations for handling Grievances

11 December 2017 at 11:07

The Insolvency and Bankruptcy Board of India (IBBI) notifies Regulations for handling of Grievances and Complaints. The Insolvency and Bankruptcy Board of India (IBBI) has notified the IBBI (Grievance and Complaint Handling Procedure) Regulations, 20

Posted in Corporate Law | 1848 Views

Ordinance to amend the Insolvency and Bankruptcy Code promulgated

24 November 2017 at 11:14

Ordinance to amend the Insolvency and Bankruptcy Code, 2016 promulgated; Ordinance aims at putting in place safeguards to prevent unscrupulous, undesirable persons from misusing or vitiating the provisions of the Code. The Government of India promulg

Posted in Corporate Law | 2379 Views

Insolvency and Bankruptcy Board strengthens its Due Diligence Framework

08 November 2017 at 10:35

Insolvency and Bankruptcy Board of India (IBBI) strengthens its Due Diligence Framework under the Insolvency and Bankruptcy Code, 2016 Now prior to approval of a Resolution Plan, the Resolution Applicants, including promoters, will be put to a string

Posted in Corporate Law | 2283 Views

Centre asks states to identify properties of struck off companies

27 October 2017 at 11:00

The Minister of State for Law, Justice and Corporate Affairs, Mr. P. P. Chaudhary reviews the follow-up action by the States on properties belonging to around 2.09 lakh companies struck-off from the Register of Companies by the Central Government. M

Posted in Corporate Law | 2892 Views

MACS adopts Secretarial Standard issued by ICSI

15 September 2017 at 11:02

Malaysian Association of Company Secretaries (MACS) to adopt the Secretarial Standards issued by the Institute of Company Secretaries of India (ICSI) as the benchmark. The Ministry of Corporate Affairs has approved a request of the Malaysian Associat

Posted in Corporate Law | 3 comments | 3876 Views

MCA disqualifies more than 1 lakh directors of shell companies

13 September 2017 at 10:43

Ministry of Corporate Affairs (MOCA) identifies more than one lakh directors of shell companies for disqualification Pursuant to the action of the Ministry of Corporate Affairs of cancellation of registration of around 2.10 lakh (2,09,032) defaulting

Posted in Corporate Law | 2 comments | 25293 Views

List of Directors associated with struck off companies u/s 248

08 September 2017 at 10:49

To view the list of Directors associated with struck off companies issued in that location, click on the desired RoC as mentioned below: RoC Ahmedabad RoC Bangalore RoC Chandigarh RoC Chennai RoC Chhattisgarh RoC Coimbatore RoC Cuttack RoC Delhi RoC

Posted in Corporate Law | 7476 Views

Punishment for Siphoning off Money from Bank Accounts of Struck Off Companies

07 September 2017 at 10:30

Stricter Norms for Corporate Governance: Punishment for Siphoning off Money from Bank Accounts of “Struck Off” Companies; Disqualifation of Directors from Being Appointed or Reappointed in Companies MoS (CA) Shri P P Chaudhary: Exercise o

Posted in Corporate Law | 3711 Views