Corporate Law News
MACS adopts Secretarial Standard issued by ICSI
15 September 2017 at 11:02Malaysian 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
MCA disqualifies more than 1 lakh directors of shell companies
13 September 2017 at 10:43Ministry 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
List of Directors associated with struck off companies u/s 248
08 September 2017 at 10:49To 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
Punishment for Siphoning off Money from Bank Accounts of Struck Off Companies
07 September 2017 at 10:30Stricter 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
Task Force on Shell Companies for effectively tackling the malpractices
29 July 2017 at 13:23A ‘Task Force on Shell Companies’ under the Joint Chairmanship of Revenue Secretary and Secretary, Ministry of Corporate Affairs was constituted in February, 2017 for effectively tackling the malpractices by shell companies/ponzy companie
Issues arising from implementation of MAT on IAS compliant companies
26 July 2017 at 10:43Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct TaxesIssues arising from the implementation of Minimum Alternate Tax (MAT) provisions relating to Indian Accounting Standards (Ind AS) compliant companies.Finance Act,
No person to function as an Insolvency Professional without Certificate of Registration
16 June 2017 at 10:58Section 3 (19) of the Insolvency and Bankruptcy Code, 2016 (Code) defines �insolvency professional� to mean a person enrolled under section 206 with an insolvency professional agency (IPA) as its member and registered with the Insolvency
Entries invited for 1st National CSR Awards
15 June 2017 at 11:33Entries Invited for 1st National Corporate Social Responsibility (CSR) Awards in 4 categories; National CSR Awards instituted to recognize the companies that have positively impacted both business and society by taking a strategic approach to CSR thr
Permitting members to act as Insolvency Professional
08 June 2017 at 11:15AnnouncementPermitting members to act as Insolvency Professional underthe Insolvency and Bankruptcy Code, 2016 and related mattersPursuant to Section 2 (2) (iv) of the Chartered Accountants Act, 1949, the Council of the Institute has decided to incl
CSR is getting mainstreamed through the Companies Act 2013 says minister
18 May 2017 at 11:17The Minister of State (MoS) for Finance and Corporate Affairs, Shri Arjun Ram Meghwal, says Corporate Social Responsibility (CSR) is getting mainstreamed through the Companies Act 2013 This landmark legislation has brought the issue of CSR from back
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