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Corporate Law News


SCHEDULE VI OF COMPANIES ACT UNDER REVISION

   29 June 2009 at 12:15

The government has decided to revise schedule VI to the Companies Act, which stipulates the manner in which every company prepares and presents its balance sheet and profit and loss account. The revision aims to harmonise and synchronise the general ..

Posted in Corporate Law |   395 Views


Reform of Indian Commercial law warranted: Kerala HC CJ

   29 June 2009 at 10:38

Calling for proper reform of Indian Commercial Law, Kerala High Court Chief Justice S R Bannurmath today stressed the importance of adopting institutional arbitration instead of ad-hoc arbitrations. Addressing a gathering after inaugurating a nationa ..

Posted in Corporate Law |   316 Views


Recruitment of Legal Officers in Grade B

   26 June 2009 at 16:43

Recruitment of Legal Officers in Grade B - Roll Nos. of candidates who have been short-listed for Interview Roll No. 12100031 15500010 15500039 ..

Posted in Corporate Law |   448 Views


New Bill to recognise SFIO role

   26 June 2009 at 16:40

Six years after the serious fraud investigation office (SFIO) was set up, the ministry of corporate affairs (MCA) has finally decided to recognise the role and powers of SFIO in the revised Companies Bill, thereby providing it with the much-required ..

Posted in Corporate Law |   465 Views


Banks allowed to write off farm loans not fully paid

   26 June 2009 at 16:40

In a relief to farmers who had defaulted on loan repayments, the government and the Reserve Bank of India (RBI) have allowed banks to write-off loans even if only a part of the 75 per cent outstanding amount, as stipulated in last year’s debt r ..

Posted in Corporate Law |   435 Views


Premji sends legal notice to board and former directors of S

   26 June 2009 at 10:48

The Azim Premji-owned Zash Investments has upped the ante in its dispute with the board of troubled retail firm Subhiksha by sending a legal notice to all its current and former directors over their alleged failure to perform their ..

Posted in Corporate Law |   253 Views


Law ministry to clear Companies Bill soon

   25 June 2009 at 10:06

The law ministry will soon clear passage for the new Companies Bill, so that the government can introduce the long pending law in the forthcoming session of Parliament. The Bill, which was last year cleared by Parliament but lapsed with the change of ..

Posted in Corporate Law |   357 Views


RBI will stay closed on July 1

   24 June 2009 at 13:04

The Reserve Bank of India on Tuesday said the bank would be closed on July 1 due to closing of its accounts.The central bank's financial year runs from July to June.“The RBI will remain closed for public transactions on Wednesday, July 1, to f ..

Posted in Corporate Law |   337 Views


RBI holds back HDFC Bank’s bonus proposal, finds it 'unreaso

   24 June 2009 at 12:39

The Reserve Bank of India (RBI) has held back the proposal of HDFC Bank Ltd, the country’s second largest private bank, to grant bonus to its top management team led by Aditya Puri, its Managing Director.Sources in the industry told The Indian ..

Posted in Corporate Law |   384 Views


Companies Bill may come up in Budget session

   22 June 2009 at 15:45

Companies Bill may come up in Budget session ..

Posted in Corporate Law |   406 Views