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MCA has issued Cost Accounting Record Rules

   09 December 2011 at 11:59

1. The Cost Accounting Records (Telecommunication Industry) Rules, 2011 2. The Cost Accounting Records (Sugar Industry) Rules, 2011 3. The Cost Accounting Records (Pharmaceutical Industry) Rules, 2011 4. The Cost Accounting Records (Petroleum Indu

Posted in Corporate Law  1 comments |   9315 Views


Rescheduled: Assessment Test of the Certificate Course on International Taxation organised by the Committee on International Taxation of ICAI

   09 December 2011 at 11:48

It is notified for the information of all the registered members pursuing Certificate Course on International Taxation of the ICAI that the Committee on International Taxation has decided to reschedule the date of the next Assessment Test of the C

Posted in Career |   5403 Views


Early Warning System introduced by MCA

   09 December 2011 at 11:48

Early Warning System The Ministry of Corporate Affairs introduced an ‘Early Warning System” (EWS) in 2009 based on certain financial and non-financial indictors to ensure, as far as possible, that there is no recurrence of cases simila

Posted in Corporate Law |   7956 Views


Updating of Income Tax PAN details in MCA21 DIN DATA

   09 December 2011 at 11:48

GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS ATTENTION: All DIRECTORS of ANY COMPANY Updating of Income Tax PAN Details in MCA21 DIN DATA General Circular No: 32/2011 dated 31/05/2011 read with 66/2011 Dated 4/10/2011, Ministry of Corpora

Posted in Corporate Law  2 comments |   13332 Views


Stringent penal provisions for action against vanishing companies, prevention of frauds

   08 December 2011 at 22:30

The Companies Act, 1956, which is proposed to be repealed by the Companies Bill, 2011, provides for more stringent penal provisions for action against vanishing companies, prevention of frauds etc. An expert group under the chairmanship of Dr. J

Posted in Corporate Law |   5124 Views


Committee constituted to suggest amendments in the Competition Act, 2002

   08 December 2011 at 22:30

The Government has constituted a Committee inter-alia to suggest amendments in the Competition Act, 2002 to fine tune it. The work of the Committee is in progress. There is no proposal presently under the consideration of the Government to empow

Posted in Corporate Law |   7599 Views


Performance of Competition Commission of India

   08 December 2011 at 22:30

Competition Commission of India has been established with the objective to eliminate practice having adverse effect on competition, promote and sustain competition, protect the interest of consumers and ensure freedom of trade carried on or by oth

Posted in Corporate Law |   3336 Views


New Law for Societies Registration Act

   08 December 2011 at 22:30

Non-corporate business entities and Societies are governed by the Law under which they are registered or incorporate. Each such law has suitable provisions concerning disclosure and accountability etc. The Societies Registration Act, 1860 throug

Posted in Corporate Law |   3753 Views


CAG of India Takes Over as Chairman of UN Panel of External Auditors

   08 December 2011 at 16:31

Comptroller & Auditor General of India (CAG), Shri Vinod Rai has been elected as the Chairman of the Panel of External Auditors of the United Nations, the Specialized Agencies and the International Atomic Energy Agency. He succeeds Mr.Norbert Ha

Posted in Audit |   6381 Views


Severe Punishment Awarded to Two of The Satyam Audit Team Members by ICAI

   08 December 2011 at 10:32

The Disciplinary Committee of The Institute of Chartered Accountants of India(ICAI) has completed its enquiry in the matter of two of the employee Chartered Accountants, namely, CA. Pulavarthi Siva Prasad for the period 1.4.2001 -31.3.2005 and CA.

Posted in Others |   10248 Views



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