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Corporate Law News


NEED TO ENSURE ETHICS SAYS SEBI

   11 September 2009 at 13:20

There is a need to ensure ethics among market participants for efficient and transparent functioning of the system, a SEBI official said on Thursday. "There has not been much emphasis on ethics (among market participants) as there should have b ..

Posted in Corporate Law |   164 Views


GOVERNMENT DRAFTS GREEN SEZ POLICY

   11 September 2009 at 13:19

Non-industrial SEZs to be more energy efficient The Centre has drafted a ‘green policy’ for making industrial and non-industrial special economic zones (SEZs) more energy efficient. The policy would be introduced shortly, said MS Rao, de ..

Posted in Corporate Law |   185 Views


Move to derecognise Coimbatore Stock Exchange stayed by HC

   11 September 2009 at 11:23

Scuttling a move to de-recognise the Coimbatore Stock Exchange (CSE) and close down its operations, the Madras High Court has stayed a resolution passed to that effect Justice P Jyothimani granted interim injunction restraining the Securities and Exc ..

Posted in Corporate Law |   248 Views


SEZs MUST GET FRESH NOCs FOR EXTENSION OF VALIDITY

   09 September 2009 at 18:01

The Centre will take up the issue of granting a third extension to the approval given to four special economic zone (SEZ) projects, including Reliance Haryana’s multiproduct SEZ in Gurgaon and Suzlon Infrastructure’s high-tech SEZ in Kar ..

Posted in Corporate Law |   200 Views


RBI to implement revised guidelines on financial conglomerat

   09 September 2009 at 14:58

Reserve Bank of India (RBI) will shortly operationalise the revised regulatory framework for financial conglomerates in a bid to improve security, a top central banker said today.The apex bank will also shortly come out with a draft discussion paper ..

Posted in Corporate Law |   246 Views


Regional bourses can help increase compliance by market play

   09 September 2009 at 14:58

SEBI’s regulations might have forced regional exchanges to exit from the market. Still, with their long history these exchanges can help in increasing the participation of retail investors and the compliance levels of brokers and intermediaries ..

Posted in Corporate Law |   187 Views


‘Govt committed to insurance FDI Bill’

   09 September 2009 at 14:56

The government is committed to clear the Insurance Amendment Bill that seeks to raise foreign direct investment (FDI) limit in the sector to 49% from the current 26%, minister of state for finance Namo Narain Meena said on Tuesday.“This is und ..

Posted in Corporate Law |   136 Views


LLP: EXCELLENT ENTRY OPTION FOR FOREIGN INVESTORS

   08 September 2009 at 14:49

Limited Liability Partnership (LLP) is a new form of business entity been created by enactment of Limited Liability Partnership Act, 2008. LLP is a body corporate formed and incorporated under LLP Act. It is a legal entity, separate from its partners ..

Posted in Corporate Law |   198 Views


RBI extending date for OTS

   07 September 2009 at 23:21

On 3rd Sept, 2009,the Reserve Bank of India has issued a notification and extended the date till 31st Dec, 2009 for one time settlement of agricultural loans. ..

Posted in Corporate Law |   321 Views


AP HC approves setting up of fast track court for Satyam cas

   07 September 2009 at 14:20

Andhra Pradesh High Court has approved setting up of a fast track court to settle the multi-crore rupee fraud case of Satyam Computers, Corporate Affairs Minister Salman Khurshid said. ‘Agreeing to our appeal the High Court had approved setting ..

Posted in Corporate Law |   233 Views