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Corporate Law News


Madras HC directs removal of advertisements from govt buses

   07 August 2009 at 10:44

Madras High Court directed the State Transport Authorities (STA) to remove all advertisement signboards from the State-owned corporation buses immediately.While allowing a Public Interest Litigation Petition(PIL), a Division Bench comprising Justices ..

Posted in Corporate Law  1 comments |   121 Views


Remove AIDS posters with woman's pics: HC

   06 August 2009 at 12:50

Two days after a young woman dragged the Tamil Nadu State AIDS Control Society (Tansacs) to court for having used her photo and that of her daughter without consent, the Madras high court pulled up Tansacs and directed it to remove all banners featur ..

Posted in Corporate Law |   111 Views


FOREIGN INVESTMENT LAW IN THE WORKS

   06 August 2009 at 12:14

The government is working on a proposal to introduce a new legislation relating to foreign investment aimed at removing the distinction between various categories of overseas capital, a move intended to ensure stability in policy and help Indian firm ..

Posted in Corporate Law |   76 Views


IRDA ISSUES FINAL GUIDELINES ON CORP GOVERNANCE FOR INS SECT

   06 August 2009 at 12:14

Insurance regulator, IRDA, today issued its final guidelines on corporate governance for the insurance sector focusing on key areas such as control functions, Board of Directors, governance structure and disclosures, among others. Insurance Regulator ..

Posted in Corporate Law |   96 Views


Financial reforms to continue: RBI

   04 August 2009 at 17:42

India will not slow down on financial reforms, but would recalibrate the roadmap for reforms given the backdrop of the global crisis, the RBI Governor Duvvuri Subbarao said on Tuesday. ..

Posted in Corporate Law |   108 Views


Implementation of Loan-Waiver Scheme

   04 August 2009 at 17:36

The Agriculture Debt Waiver and Debt Relief (ADWDR) Scheme 2008 has been implemented throughout the country covering around 3.68 crore farmers with total eligible waiver and relief amounting to Rs. 65,318.33 crore. (All figures provisional). The Sche ..

Posted in Corporate Law |   135 Views


Online credit card dealings may dip after new PIN systems

   04 August 2009 at 13:28

Online credit card transactions may see a dip in August as only 20-30% of online credit card users have signed up for the second personal identification n ..

Posted in Corporate Law |   185 Views


GOVT RE-INTRODUCES COMPANIES BILL

   04 August 2009 at 13:24

The government today re-introduced Companies Bill in the Lok Sabha to replace a 52-year-old law and simplify regulations dealing with formation, mergers and acquisitions and winding up of companies. The Companies Bill, 2008, which lapsed with the dis ..

Posted in Corporate Law |   169 Views


LAWS ON TRANSFER PRICING AND SAFE HARBOUR NEED TO EVOLVE FUR

   04 August 2009 at 13:22

The success story of the Indian economy since the 1990s has increasingly attracted transnational corporations into India and many such multinationals have set up Indian subsidiaries/group companies. Multinational corporations involved in cross-border ..

Posted in Corporate Law |   129 Views


Expert panel to draw road map for IFRS

   04 August 2009 at 10:07

The ministry of corporate affairs has formed an expert group comprising members from the Reserve Bank of India, capital markets regulator Sebi and the Insurance Regulatory Development Authority (Irda) to draw a road map towards India’s converge ..

Posted in Corporate Law |   102 Views