CAclubindia News

Constitution of a Committee t o formulate a Policy Document on Corporate Governance

20 March 2012 at 12:46

NO. 17/46/2012-CL-V Government of India Ministry of Corporate Affairs 5th floor, 'A’ Wing, Shastri Bhawan, Dr. Rajendra Prasad Road, New Delhi Dated: l 9th March, 2012 OFFICE MEMORANDUM Subject:-Constitution of a Committee t o

Posted in Corporate Law | 3993 Views

Applicability of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 for CS June, 2012 Exams

20 March 2012 at 12:45

Applicability of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 SEBI vide its Notification No. LAD-NRO/GN/2011-12/24/30181 dated September 23, 2011 notified the New SEBI (Substantial Acquisition of Shares and Takeovers

Posted in Students | 4 comments | 10152 Views

ICAI welcomes the Economic Survey 2011-12

20 March 2012 at 12:45

Economic Survey 2011-12 The ICAI welcomes the Economic Survey 2011-12 highlighting the thrust and focus areas of the requiring policy level impetus. The Service Sector like past few years has emerged as the largest contributor to share in the GD

Posted in Others | 8346 Views

Request to share contact details of ICAI Members in Entrepreneurship and Public Services

20 March 2012 at 12:45

The ICAI proudly acknowledges professional achievements of its members in Entrepreneurship and Public Service. ICAI has a special committee, the “Committee for Members in Entrepreneurship & Public Services” to recognize their contr

Posted in Others | 1 comments | 10656 Views

CBEC Clarifies on Levy of Excise Duty on Precious Metal Jewellery

20 March 2012 at 12:45

Press reports after the presentation of the budget on 16.03.2012 indicate that the full import of the provisions contained in the legislation related to the levy of excise duty of 1% on precious metal jewellery are not clear to the trade. In the

Posted in Excise | 1 comments | 15366 Views

Setting Up of NCLT and NCLAT

19 March 2012 at 17:46

The Government proposes to set up National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal (NCLAT). Provisions have been incorporated in the Companies Bill, 2011 which has been introduced in the Lok Sabha on 14.12.2011. T

Posted in Corporate Law | 9783 Views

Failure in filing Balance Sheet or Annual Return : Companies Blacklisted

19 March 2012 at 17:46

As per general circular No. 33/2011 dated 01/06/2011, the Government has marked 1,55,394 companies as “Defaulting Companies” for failure to file Balance Sheet or Annual Return for any of the financial years, 2006-07, 2007-08, 2008-09 a

Posted in Corporate Law | 10278 Views

Delay in Implementation of IFRS

19 March 2012 at 17:46

Keeping in view the consultation held with various stakeholders on certain issues including tax related issues, it was decided to implement convergence of Indian Accounting Standards with International Financial Reporting Standards (IFRS) in a pha

Posted in Accounts | 3 comments | 21495 Views

Corporate Houses Found Involved in Various Scams During the Last Three Years

19 March 2012 at 17:46

Corporate Houses found to have prima facie violated provisions of the Indian Penal Code can be regarded as being ‘involved in scams’. As per investigation reports received in the Ministry, 21 Companies fall in this category. List of su

Posted in Corporate Law | 3288 Views