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Corporate Law News


Waiver of trade confirmation in Government Securities transactions in OTC market

   04 December 2009 at 15:08

RBI/2009-10/242 IDMD.PDRD.No. 2424 / 03.64.00 / 2009-10December 1, 2009All Standalone Primary DealersDear SirWaiver of trade confirmation in Government Securities transactions in OTC marketPlease refer to Section I para 6.1 (ix) of the Master Circula ..

Posted in Corporate Law |   667 Views


Investors can buy and sell mutual funds units like shares from Monday

   02 December 2009 at 21:23

Investors will be able to transact in mutual funds units through the National Stock Exchange (NSE) from Monday. UTI Mutual Fund will be the first fund house to use the NSE’s mutual fund platform, which would enable exchange’s members to ..

Posted in Corporate Law |   982 Views


RBI'S CAUTION DUBAI CRISIS MAY NOT AFFECT INDIA SERIOUSLY

   30 November 2009 at 18:53

Like beauty, economic recovery, lies in the eyes of the beholder. Those who see the glass half full are upbeat about the state of the Indian economy and believe the positive reports emanating from the US and Europe that the worse is over. Since the s ..

Posted in Corporate Law |   524 Views


Justice Dilip Raosaheb Deshmukh took charge as new Chairman

   30 November 2009 at 09:12

Former Chhattisgarh High Court Judge Mr Justice Dilip Raosaheb Deshmukh took charge as the new Chairman of the Company Law Board (CLB) on Friday, four days ahead of the originally scheduled joining date. This follows a request by the Government as th ..

Posted in Corporate Law |   866 Views


Ambani Gas row: Family MoU sacrosanct, RNRL tells SC

   25 November 2009 at 21:35

Anil Ambani led RNRL asserted in the Supreme Court that family MoU of 2005 was a "sacrosanct" document for resolving the gas row with Mukesh Ambani group RIL and accused it of scuttling efforts to arrive at a bankable agreement for the supp ..

Posted in Corporate Law |   555 Views


MCA will provide training to its staff to check corporate framework

   25 November 2009 at 20:18

The Ministry of Corporate Affairs has established Indian Institute of Corporate Affairs (IICA) to act as the capacity building support for the officers / officials of the Ministry on issues relating to effective corporate functioning and regulation. ..

Posted in Corporate Law |   431 Views


Launch of e-Voting System for Corporates

   25 November 2009 at 10:35

Sub: Launch of e-Voting System for CorporatesWe take the pleasure in announcing that CDSL Ventures Ltd., a wholly owned subsidiary of Central Depository Services (India) Limited (CDSL), has designed an electronic voting system as an alternative to th ..

Posted in Corporate Law |   354 Views


Finmin sets up body to review portfolio investment policies

   25 November 2009 at 10:35

To encourage foreign portfolio investment, the Finance Ministry has set up a working group for suggesting changes in the existing policy on foreign capital inflows by FIIs, NRIs and venture capital funds. The 16-member group on portfolio investments, ..

Posted in Corporate Law |   280 Views


Devegowda to appear on November 26, before SC

   24 November 2009 at 19:24

Former Prime Minister H D Devegowda will appear personally in the Supreme Court on November 26. Mr Devegowda has filed an application to implead in the Bangalore-Mysore infrastructure corridor case in which he has been demanding ouster of the present ..

Posted in Corporate Law |   313 Views


India's Reliance announces bid for LyondellBasell

   23 November 2009 at 09:04

MUMBAI — India's private sector energy giant Reliance Industries Limited has announced a cash bid to buy a controlling stake in bankrupt petrochemicals firm LyondellBasell Industries."The offer is preliminary and subject to customary condi ..

Posted in Corporate Law |   346 Views