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Corporate Law News


Govt. has right to formulate gas usage policy: Deora

   03 August 2009 at 17:27

The Bombay High Court directive that gas from Reliance Industries' fields be sold at rates 44 per cent lower than approved prices has implications on Government's right to formulate and implement the gas usage policy, Petroleum Minister Murli Deora ..

Posted in Corporate Law |   114 Views


RBI to celebrate platinum jubilee

   03 August 2009 at 17:24

The Reserve Bank of India would celebrate its platinum jubilee in 2009 and 2010 through outreach programmes.Regional Director of RBI (Eastern Region) F R Joseph said that the apex bank had chalked out programmes on a month-wise basis.As a part of th ..

Posted in Corporate Law |   125 Views


Regulations for Mega Mergers

   03 August 2009 at 17:22

The Competition Act, 2002 inter-alia provides for regulation of combinations in accordance with the provisions contained therein. However, the provisions of the Competition Act, 2002 relating to regulation of combinations, including mergers and amal ..

Posted in Corporate Law |   145 Views


Amendment in Multimodal Transportation of Goods Act, 1993

   03 August 2009 at 15:50

The Government has proposed to amend the Multimodal Transportation of Goods Act, (MMTG Act) 1993. A Working Group set up for this purpose is looking into the matter and the report is awaited. The Association of Multimodal Transport Operators have giv ..

Posted in Corporate Law |   169 Views


Bombay High Court approves merger of RIL, RPL

   03 August 2009 at 15:35

The Bombay High Court today dismissed an appeal filed by two shareholders against the merger of Reliance Industries Ltd (RIL) and Reliance Petroleum Ltd (RPL). A division bench led by Justice Bilal Nazki today dismissed the appeal. The bench also di ..

Posted in Corporate Law |   230 Views


Companies Bill, 2009 introduced in Lok Sabha

   03 August 2009 at 15:17

Minister for Corporate Affairs, Shri Salman Khurshid today introduced the Companies Bill, 2009 in the Lok Sabha. The main objectives of the Companies Bill, 2009 are as follows -(a) to revise and modify the Companies Act, 1956 in consonance ..

Posted in Corporate Law |   115 Views


Companies Bill, 2009 introduced in Lok Sabha

   03 August 2009 at 15:16

Companies Bill, 2009 introduced in Lok SabhaMinister for Corporate Affairs, Shri Salman Khurshid today introduced the Companies Bill, 2009 in the Lok Sabha. The main objectives of the Companies Bill, 2009 are as follows -(a) to revise and ..

Posted in Corporate Law |   73 Views


233 PSUs without company secretary, to face RoC ire

   31 July 2009 at 16:26

The Registrar of Companies is likely to act against more than 200 public sector undertakings (PSUs) for not implementing the mandatory provision of Companies Act, 1956, of appointing a company secretary.In a written reply to a question on Thursday, ..

Posted in Corporate Law  1 comments |   268 Views


RBI warns public against fictitious fund offers

   31 July 2009 at 12:10

Cautioning public against fictitious offers of large funds from unknown entities, the Reserve Bank on Thursday advised them again to not get carried away ..

Posted in Corporate Law |   159 Views


Text messaging paves way for hacking

   31 July 2009 at 12:10

Getting a text message is akin to someone sliding a piece of mail under your door: You may not have asked for it, you can't stop its delivery and you have to deal with it whether you want to or not. The fact that text messages appe ..

Posted in Corporate Law |   175 Views