Corporate Law News

Companies Bill receives Hon'ble President's assent-Companies Bill enacted into law

31 August 2013 at 13:33

Companies Bill receives Hon'ble President's assent-Companies Bill enacted into law

Posted in Corporate Law | 11 comments | 11229 Views

ICAI-Highlights of Companies Bill

21 August 2013 at 16:01

WHY A NEW LAW WAS NEEDED? · The changing national and international economic environment Exponential growth of the Indian economy Changes in the stakeholders’ expectations Manifold Increase in Number of Companies Y

Posted in Corporate Law | 19845 Views

Spending on Corporate Social Responsibility by Companies

21 August 2013 at 11:51

There is no provision for Corporate Social Responsibility (CSR) spending by companies in the present company law i.e. Companies Act, 1956. However, the new Companies Bill, 2012 has a provision of CSR under Clause 135 which states that every company

Posted in Corporate Law | 1 comments | 7260 Views

Measures to Check the Incidents of Vanishing Companies

21 August 2013 at 11:51

Presently, there are 87 companies falling under the category, “Vanishing Companies”. Giving this information in written reply to a question in the Lok Sabha, Shri Sachin Pilot, Minister of Corporate Affairs, said that the FIRs have been

Posted in Corporate Law | 1 comments | 4725 Views

CMA-Cost Audit And Role of Cost Accountants in Companies Bill, 2012

16 August 2013 at 11:25

CMA Suresh Chandra Mohanty, President, Institute of Cost Accountants of India, congratulated the Hon’ble Union Minister of Corporate Affairs, Shri Sachin Pilot ji and his team for their unstinted efforts in reforming the corporate legislation

Posted in Corporate Law | 23220 Views

Request for extension of stamp duty payment not to be entertained by MCA

13 August 2013 at 11:38

Stakeholders may kindly note that requests for extension of last date for payment of stamp duty beyond the expiry date would not be entertained by MCA w.e.f. 01.10.2013. Stakeholders are requested to make payment of stamp duty within the expiry date

Posted in Corporate Law | 3 comments | 8379 Views

Value Addition By Cost Accountants Recognized in the Companies Bill 2013

10 August 2013 at 11:58

CMA Suresh Chandra Mohanty, President of The Institute of Cost Accountants of India, congratulated the Honourable Union Minister of Corporate Affairs Shri Sachin Pilot ji, for passing the landmark Companies Bill 2013 in Rajya Sabha thus completing a

Posted in Corporate Law | 7 comments | 20925 Views

ICSI Hails the Passage of Companies Bill 2012 by Parliament

09 August 2013 at 17:19

Says the New Law will Further Accelerate the Transformation of Company Secretaries into Corporate Governance Professionals The Institute of Company Secretaries of India (ICSI) has welcomed the new Company Law i.e. Companies Bill, 2012 as passed by

Posted in Corporate Law | 13332 Views

Highlights of the Companies Bill

09 August 2013 at 10:39

Highlights of the Companies Bill (as passed by the Lok Sabha on 18.12.12 and by the Rajya Sabha on 08.08.13) • The Bill has 470 clauses as against 658 Sections in the existing Companies Act, 1956. • The entire bill has been divided i

Posted in Corporate Law | 2 comments | 47757 Views

Parliament Passes the Historic Companies Bill 2012

09 August 2013 at 10:07

The Parliament has passed the historic Companies Bill 2012, moved by Shri Sachin Pilot, Minister of Corporate Affairs. The Bill was passed by the Rajya Sabha here today which had already been passed by the Lok Sabha many months ago (in

Posted in Corporate Law | 1 comments | 10317 Views