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Corporate Law News


2G scam: CBI grills Kanimozhi, Karunanidhi's wife

   12 March 2011 at 14:52

2G scam: CBI grills Kanimozhi, Karunanidhi's wife Widening its probe into the 2G scam, the CBI on Friday questioned DMK chief M Karunanidhi's daughter Kanimozhi and his wife Dayalu Ammal on alleged transfer of money from Mumbai-based Cin ..

Posted in Corporate Law  2 comments |   1475 Views


Scrap sepctrum since 2003 if Raja's policy is illegal: SC told

   09 March 2011 at 13:41

Scrap sepctrum since 2003 if Raja's policy is illegal: SC told The telecom companies, under scruitny for having benefited in 2G spectrum scam told the Supreme Court that allocation of the air waves since 2003 should be scrapped if the first- ..

Posted in Corporate Law  1 comments |   1273 Views


Statutory Functioning of Competition Commission of India

   03 March 2011 at 16:40

Statutory Functioning of Competion Commission of India Shri R.P.N.Singh, Minister of State for Corporate Affairs informed the Lok Sabha in a written reply that Competition Commission of India (CCI) has started its statutory functioning. He infor ..

Posted in Corporate Law  1 comments |   1393 Views


Government regulates remuneration of officials of Government Companies

   03 March 2011 at 11:17

Government regulates remuneration of officials of Government Companies Minister of State for Corporate Affairs, Mr. R.P.N. Singh has said that the Government regulates the remuneration of managing directors / whole-time directors / managers (boa ..

Posted in Corporate Law |   790 Views


Serious Fraud Investigation Officers have Investigated 61 Companies

   03 March 2011 at 11:16

Serious Fraud Investigation Officers have Investigated 61 Companies The Union Minister of State for Corporate Affairs Mr. R.P.N. Singh has stated that since inception, the Serious Fraud Investigation Officers have Investigated 61 Companies u/s 2 ..

Posted in Corporate Law |   1243 Views


Financial Sector Legislative Reforms Commission Set up Companies Bill to be Introduced in the Ongoing Session

   28 February 2011 at 13:57

Financial Sector Legislative Reforms Commission Set up Companies Bill to be Introduced in the Ongoing Session The Union Finance Minister, Shri Pranab Mukherjee announced today that the Government has set up a Financial Sector Legislative Reforms ..

Posted in Corporate Law |   926 Views


Satyam to pay USD 125 mn to settle US fraud litigation

   18 February 2011 at 11:56

Satyam to pay USD 125 mn to settle US fraud litigation Mahindra Satyam, formerly known as Satyam Computer Services, on Thursday said it has agreed to pay USD 125 million to settle a clutch of class action suits filed against the company in a Uni ..

Posted in Corporate Law  1 comments |   1048 Views


Comprehensive Revision of the Companies Act 1956

   17 February 2011 at 17:29

Comprehensive Revision of the Companies Act 1956 Keeping in view the developments taking place nationally as well as internationally and with a view to modernize the structure for corporate regulation in India and represent a major reform statem ..

Posted in Corporate Law  1 comments |   1218 Views


CBI questions Anil Ambani on dual tech, role in Swan Telecom

   17 February 2011 at 10:48

CBI questions Anil Ambani on dual tech, role in Swan Telecom The CBI on Wednesday questioned ADAG chairman ..

Posted in Corporate Law |   1252 Views


Direction under Section 212(8) of the Companies Act, 1956.

   09 February 2011 at 11:38

General Circular No: 2 /2011 No: 5/12/2007-CL-III Government of India Ministry of Corporate Affairs 5th floor, `A' Wing, Shastri Bhavan, Dr. R.P. Road, New Delhi-110 001. Dated: 8th February, 2011 To All Regional Directors All Registrar of ..

Posted in Corporate Law |   1620 Views