The government has decided not to allow the merger of Indian companies with foreign companies, a proposal it deliberated on extensively while formulating the new company law.Although this is an international best practice in the laws relating to merg ..
The new company law proposes to remove the time limit for claiming dividend. The Companies Bill 2008 -- recently cleared by the Cabinet and to be placed before Parliament soon -- has removed the seven-year ceiling up to which unclaimed dividend remai ..
In a move that will enable companies to raise debt at a lower cost and help deepen the country''s bond market, the government has slashed stamp duty on key financial instruments - debentures and promissory notes (P-Notes).As per the notification, the ..
The revamped Company Law is likely to propose a mechanism that would protect shareholders'' value in cases where a listed entity is merged with an unlisted one and vice-versa.The soon-to-be-introduced Companies Bill, 2008, is expected to stipulate th ..
Chennai: It was the turn of the country’s top judges on Sunday to bear the brunt of Tamil Nadu’s power woes. Four judges, including one from the Supreme Court, got trapped inside an elevator in the Madras High Court premises during a blackout.Justice ..
Reserve Bank proposed to put a ceiling on charges for collection of outstation cheques, ranging from Rs 25 to Rs 100 depending upon the value, a move that will benefit banking customers.Under the proposed scheme, a bank will not be allowed to charge ..
The Supreme Court suggested that the Centre should consider having an expert member on the Intellectual Property Appellate Board (IPAB) that reviews decisions of the Indian patent office. The case went to the apex court after the Madras High Court ha ..
Cabinet nod for Delhi branch of Permanent Court of ArbitrationThe Union Cabinet cleared a proposal to set up a regional branch of the Permanent Court of Arbitration (PCA) in New Delhi, a move that will help local and foreign companies as well as the ..
The recent death in custody of a man from a remote village in the central Indian state of Madhya Pradesh has sparked suspicion among human rights groups. It's been estimated that each year, more than 1,500 Indian prisoners die within less than a day ..
Shatrujeet Kapur , DIG, CBI Jaipur had made a study on the highly rated conviction rate in CBI cases and comes up with interesting details.As per official statistics, conviction rate in CBI in the last 10 years has been as under:-YEAR PERCENTAGE1998 ..
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