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Corporate Law News


GUIDELINES FOR FOREIGN INVESTMENT IN COMMODITY EXCHANGES

   23 May 2009 at 10:08

GUIDELINES FOR FOREIGN INVESTMENT IN COMMODITY EXCHANGESPRESS NOTE NO. 5 (2009), DATED 14-5-2009 Government of India had laid the guidelines for foreign investment in Commodity Exchanges vide Press Note 2(2008) dated 12th March 2008. As per the gui ..

Posted in Corporate Law |   260 Views


Formation of new district in Tamil Nadu –

   23 May 2009 at 10:06

RBI/2008-09/480RPCD. CO. LBS.BC. No. 107/02.08.01/2008-09May 22, 2009The ChairmanAll Lead BanksDear Sir,Formation of new district in Tamil Nadu – Assignment of Lead Bank ResponsibilityThe Revenue Department, Government of Tamil Nadu vide their ..

Posted in Corporate Law |   262 Views


RBI ruling to check card frauds

   22 May 2009 at 16:26

From August 1, you need not think twice before letting your credit card out of sight at a restaurant, petrol pump or any other merchant establishment. The details printed on your card including the card number, expiry date and three-digit card securi ..

Posted in Corporate Law |   265 Views


Benami deals: Money launderers use bank drafts as tools

   22 May 2009 at 10:42

The finance ministry is investigating the rampant misuse of bank drafts, which have turned tools for money launderers to transfer big sums of money.According to a report of the economic intelligence bureau of the finance ministry, ‘street finan ..

Posted in Corporate Law |   401 Views


Notification of SEBI (Investor Protection and Education Fund

   22 May 2009 at 10:42

SEBI has notified the SEBI (Investor Protection and Education Fund) Regulations, 2009, on May 19, 2009, with a view to strengthening its activities for investor protection.The salient features of these regulations are as follows:The Fund shall be us ..

Posted in Corporate Law |   314 Views


PAN Required for Transfer of Shares in Physical Form

   22 May 2009 at 10:37

CHIEF GENERAL MANAGERMarket Regulation DepartmentEmail: mdrao@sebi.gov.inMRD/DoP/ Cir-05/2009May 20, 2009ToThe Managing Directors / Chief Executive Officers /Executive Directors / Officiating Executive Directorsof all the Stock Exchanges,Registrars ..

Posted in Corporate Law |   259 Views


GOVT TO SIMPLIFY SEZ APPROVAL

   21 May 2009 at 12:33

The commerce ministry has initiated steps to reduce the time taken to develop Special Economic Zones (SEZs) by simplifying procedures to get the tax-free industrial enclaves notified. Developers will now be able to get their land classified as an SE ..

Posted in Corporate Law |   331 Views


Certain provisions of competition act, 2002 notified

   21 May 2009 at 12:10

The Central Government has notified from today, i.e., 20th May, 2009, the provisions of the Competition Act, 2002 relating to anti-competitive agreements (section 3) and abuse of dominant position (section 4) alongwith other related and miscellaneous ..

Posted in Corporate Law |   173 Views


Certain provisions of competition act, 2002 notified

   21 May 2009 at 10:33

Certain provisions of competition act, 2002 notified COMPETITION COMMISSION OF INDIA CAN NOW ENFORCE THESE PROVISIONS The Central Government has notified from today, i.e., 20th May, 2009, the provisions of the Competition Act, 2002 relating to anti- ..

Posted in Corporate Law |   411 Views


Limited Liability Partnership FAQs

   20 May 2009 at 16:56

Limited Liability Partnership FAQsNATURE OF LIMITED LIABILITY PARTNERSHIP (LLP)1. Concept of “limited liability partnership” LLP is an alternative corporate business form that gives the benefits of limited liability of a company and the ..

Posted in Corporate Law |   228 Views