Corporate Law News
Highlights and achievements of MCA in 2012
22 December 2012 at 12:03Passage of the new Companies Bill by Lok Sabha and introduction of the Competition Commission of India (Amendment) Bill 2012 in the Parliament are the highlights of the achievements of the Ministry of Corporate Affairs during 2012 Year-end Review
Amend the Companies(Central Government's) General Rules and Forms,1956
21 December 2012 at 11:42[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART – II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Corporate Affairs Notification New Delhi, dated the December 19, 2012 G.S.R. 906(E). – In exercise of the
Highlights of the Companies Bill, 2011
20 December 2012 at 11:47Highlights of the Companies Bill, 2011 (as passed in Lok Sabha on 18.12.12) The Bill has 470 clauses as against 658 Sections in the existing Companies Act, 1956. The entire bill has been divided into 29 chapters.
Salient Features of the Companies Bill 2011
19 December 2012 at 15:28The Companies Bill, 2011, which was passed by the Lok Sabha yesterday, on its enactment will allow the country to have a modern legislation for growth and regulation of corporate sector in India. The existing statute for regulation of companies in
Compliance with the Requirements of Corporate Governance
18 December 2012 at 11:53Compliance with the requirements of Corporate Governance as laid down in the Companies Act is looked into by the Registrars of Companies and suitable action is initiated wherever there is failure to comply with the law. Giving this information in
253277 companies have not filed their Annual return in 2010-11
14 December 2012 at 16:29De-Registration of Companies During the year 2010-11, 2,53,277 companies have not filed their Balance Sheets and Annual Returns. Giving this information in written reply to a question in the Lok Sabha today Shri Sachin Pilot, Minister of Corpora
Time limit for XBRL filing extended again to 15 Jan 2013
12 December 2012 at 15:54MCA extended time limit of filing Financial Statement in XBRL Mode upto 15 January 2013 General Circular No. 39/2012 12.12.2012
Incorporation of the Corporate Social Responsibility Provision in the New Companies Bill
11 December 2012 at 13:03Clause 135 of the Companies Bill, 2011 inter alia, provides for the specified companies to spend at least 2% of the average net profits (of last 3 years) in pursuance of the company’s Corporate Social Responsibilities (CSR) policy and in cas
MCA 21 Project - Achievements and Continuation
11 December 2012 at 13:03The Government is implementing an e-governance initiative called MCA 21 Project to ensure the efficiency of the core services regarding company affairs. Giving this information in written reply to a question in the Parliament, Shri Sachin Pilot, M
Independent Regulator for Auditors
05 December 2012 at 12:10The Parliamentary Standing Committee on Finance which examined the Companies Bill, 2009 and the Companies Bill, 2011 had recommended that the National Advisory Committee on Accounting and Auditing Standards (NACAAS), proposed in the Companies Bill
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