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Corporate Law News


Valuation Professionals Bill

   18 August 2011 at 19:48

The report submitted by the Expert Group on Valuation Professionals Bill including the comments received in this regard from the stakeholders are under consideration of this Ministry and No definite time frame can be given at this stage. This ..

Posted in Corporate Law |   1320 Views


Amendments in Consumer Protection Act

   18 August 2011 at 09:15

The Government is considering further amendments in Consumer Protection Act to make it more vibrant and effective. This was stated by Prof. K.V. Thomas, Minister of Consumer Affairs, Food & Public Distribution while inaugurating newly constructe ..

Posted in Corporate Law  1 comments |   1929 Views


Number of Urban Poor

   18 August 2011 at 09:15

The Minister for Housing and Urban Poverty Alleviation Kumari Selja has said that as per the Planning Commission estimates 807.60 lakhs urban people were below poverty line in the year 2004-05. A Statement showing State-wise number of urban poor i ..

Posted in Corporate Law |   888 Views


Incentives to Telecom Sector

   18 August 2011 at 09:15

Under various schemes of Universal Services Obligation Fund (USOF) financial support is provided for extending telecom service to rural and remote areas which contribute to increase in teledensity in these areas. These schemes include provision of f ..

Posted in Corporate Law |   731 Views


NIACL CMD under suspension

   17 August 2011 at 16:25

The government has has issued orders for suspension of Mr. M Ramadoss chairman of New India Assurance of the country's largest general insurance Company. Central Bureau of Investigation is examining Ramadoss' role in the irregularities in d ..

Posted in Corporate Law |   2097 Views


Money allocation for different schemes in Food Processing Sector in 2011-12

   12 August 2011 at 17:31

Rs. 595 crore Allocated for Different schemes in Food Processing Sector in 2011-12 Rs. 595 crore has been allocated for different schemes being implemented by the Ministry of Food Processing Industries in food processing sector in 2011-12. The det ..

Posted in Corporate Law |   996 Views


Status of the Companies Bill

   09 August 2011 at 13:43

The Minister of State in the Ministry of Corporate Affairs today informed the Rajya Sabha that the Companies Bill 2011 is under finalization based on recommendations of the Parliamentary Standing Committee on Finance and inputs received from all r ..

Posted in Corporate Law  2 comments |   2331 Views


Misuse of Public Issue Funds by Companies

   09 August 2011 at 13:43

The Minister of State in the Ministry of Corporate Affairs today informed the Rajya Sabha that such complaints relate to misuse of public issue funds by way of diversion of funds, non-fulfillment of terms and conditions for the completion of the p ..

Posted in Corporate Law  1 comments |   1197 Views


Company Law Settlement Scheme, 2011 comes into force on 12th August

   06 August 2011 at 10:42

Company Law Settlement Scheme,2011 comes into force on 12th August General Circular No: 59/2011 05.08.2011 ..

Posted in Corporate Law |   1918 Views


Corporate Identity Number

   05 August 2011 at 19:34

The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabha that the Corporate Identity Number (CIN) is mandatory for all types of companies registered in India and no company can function with out a C ..

Posted in Corporate Law  2 comments |   2611 Views