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Corporate Law News


Application filed under rule 6 and 9 of the companies rule 1959 is rejected by HC

   06 July 2011 at 16:42

IN THE HIGH COURT OF DELHI AT NEW DELHI CO. APPLS. 578-579/2011 & 611/2011 IN CO.PET. 403/2009 IN THE MATTER OF M/S. SPICE COMMUNICATIONS LIMITED & ANR. ..... Petitioners Through Dr. A.M. Singhvi, Mr. Neeraj Kishan Kaul and Mr. C. Vaidya ..

Posted in Corporate Law |   1378 Views


Ex-telcom Secretary to depose before JPC on July 12

   05 July 2011 at 15:00

With a Joint Parliamentary Committee probing 2G spectrum allocation scam allowing former Telecom Secretary Siddhartha Behura to depose before it, a Delhi court on Monday asked Tihar jail authorities to produce him before the lawmakers' panel o ..

Posted in Corporate Law  1 comments |   870 Views


Vodafone pays over USD 400 mn more to buy Essar's 33% stake

   02 July 2011 at 18:10

Ending year-long battle, UK-based Vodafone has agreed to pay USD 400 million more to its Indian partner Essar for buying its 33 percent stake in the joint venture Vodafone-Essar. With this, Essar closed the deal to sell its 33 percent stake at U ..

Posted in Corporate Law |   836 Views


CBI submits progress report to HC on Adarsh scam probe

   23 June 2011 at 11:14

CBI submits progress report to HC on Adarsh scam probe The CBI on Wed submitted progress report to the Bombay High Court on the probe in the Adarsh Housing Society case, involving 14 accused, including former Maharashtra CM Ashok Chavan. Addi ..

Posted in Corporate Law |   861 Views


Tata, Idea among 10 companies under 2G probe; ED tells JPC

   09 June 2011 at 13:42

Tata, Idea among 10 companies under 2G probe: ED tells JPC Enforcement Directorate has told the JPC that it was investigating 10 companies, including Tata Teleservices, Idea Cellular, in connection with the 2G spectrum allocation case. ED Dir ..

Posted in Corporate Law  1 comments |   1175 Views


JPC to call all former Telecom Min from 1998 in 2G case

   08 June 2011 at 13:29

JPC to call all former Telecom Min from 1998 in 2G case The Joint Parliamentary Committee (JPC) examining telecom policies in the wake of the 2G scam has decided to call all former Telecom Ministers since 1998, including A Raja to depose befor ..

Posted in Corporate Law |   799 Views


Ashok Chawla to be next CCI Chairman

   07 June 2011 at 14:06

Ashok Chawla to be next CCI Chairman Ministry of Corporate Affairs has proposed the name of former Finance Secretary Ashok Chawla as the next Chairman of the anti-trust watchdog Competition Commission of India (CCI). The Ministry of Corporat ..

Posted in Corporate Law |   847 Views


2G Scam- 'I have done no wrong,' says Maran

   03 June 2011 at 15:07

2G Scam- "I have done no wrong," says Maran In the line of fire over allegations of a quid pro quo in the 2G scam, Union Min Dayanidhi Maran has rejected charges that his family owned Sun Television Network was a beneficiary of pay-of ..

Posted in Corporate Law  1 comments |   870 Views


2G scam: Balwa wants to depose before JPC

   02 June 2011 at 11:06

2G scam: Balwa wants to depose before JPC In an interesting development, Swan Telecom promoter Shahid Usman Balwa, who has been chargesheeted in 2G spectrum scam, has expressed desire to appear before the JPC probing the matter. Balwa, who is ..

Posted in Corporate Law |   534 Views


CAG Vinod Rai to brief JPC on 2G losses today

   30 May 2011 at 15:55

CAG Vinod Rai to brief JPC on 2G losses today The Joint Parliamentary Committee examining the 2G scam has sought to know from Comptroller and Auditor General Vinod Rai as to how he quantified the losses in the spectrum allocation at Rs 1.76 lakh ..

Posted in Corporate Law |   686 Views