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Corporate Law News


SC admits govt plea on KG gas dispute

   21 July 2009 at 14:04

The Supreme Court on Monday turned down Reliance Natural Resources’ (RNRL’s) plea to reject the government’s petition seeking to become an independent party in the Krishna Godavari gas dispute. A two-judge Bench h ..

Posted in Corporate Law |   105 Views


Kalam for separate law for micro credit in Indian villages

   21 July 2009 at 13:44

Lauding the efforts of Bangladesh's Grameen Bank, former President A P J Abdul Kalam has said that he will promote the idea of a separate law for micro credit in Indian villages. Kalam, on his three-day Bangladesh tour, visited the ..

Posted in Corporate Law |   103 Views


Mechanism to check vanishing companies

   21 July 2009 at 13:20

In reply to a question whether Government has any mechanism to monitor fraudulent activities of various finance, plantation, corporate houses, builders and other such companies, Government has said that the Ministry of Corporate Affairs administers o ..

Posted in Corporate Law |   98 Views


ANTI-DUMPING DUTY ON VISCOSE YARN FROM CHINA

   21 July 2009 at 12:11

The government has imposed anti- dumping duty of up to USD 11.38 per kg per on imports of viscose rayon filament yarn to guard the domestic industry from cheap Chinese shipments. After concluding that imports from China and Vietnam are taking place a ..

Posted in Corporate Law |   259 Views


Satyam fraud could have been detected in 2007, says CAG repo

   21 July 2009 at 11:45

Had the Central Excise and Customs department been vigilant, the Satyam Computer fraud could have been unearthed in 2007 itself. The Comptroller and Auditor General (CAG) of India in its report on ‘Indirect Taxes – Central Excise, Service ..

Posted in Corporate Law |   103 Views


SC refuses to entertain petition against tobacco companies

   21 July 2009 at 11:31

The Supreme Court refused to entertain a petition seeking directions to the Government to make it mandatory for tobacco companies to display ingredients on cigarette packets.A Bench comprising Chief Justice K G Balakrishnan and Justice P Sathasivam d ..

Posted in Corporate Law |   96 Views


SC issues notices on Krishna-Godavari basin ownership

   21 July 2009 at 11:30

The Supreme Court today issued notices to respondents on a petition filed by Union Government claiming ownership of Krishna-Godavari gas basin and seeking a declaration to nullify the family settlement of June 2005, between Ambani brothers for supply ..

Posted in Corporate Law |   139 Views


Allahabad HC reserves judgment on National Anthem in Karan J

   21 July 2009 at 11:29

The Lucknow Bench of Allahabad High Court today reserved its judgment in the case of singing of the National Anthem in the Hindi film Kabhi Khushi Kabhi Gum after the non-presence of its producer and director Karan Johar. A bench of Justice Dharamve ..

Posted in Corporate Law |   110 Views


SC issues notices on stashed Black Money

   21 July 2009 at 11:21

The Supreme Court today issued notices to the Centre, RBI, Director Of Enforcement, Board Of Direct Taxes and SEBI to examine the matter of black money stashed in foreign banks.A bench comprising Chief Justice K G Balakrishnan and Justice P Sathasiva ..

Posted in Corporate Law |   155 Views


Anil Ambani moves SC with counter affidavit in Krishna-Godav

   21 July 2009 at 11:20

Anil Ambani group’s Reliance Natural Resources Ltd.(RNRL) would be filing a fresh counter-affidavit in the Supreme Court this week while demanding to strike down the Union government’s affidavit relating to the supply of natural gas by Mu ..

Posted in Corporate Law |   177 Views