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Corporate Law News


RBI seeks cap on outstation cheque charges

   16 September 2008 at 13:26

Reserve Bank proposed to put a ceiling on charges for collection of outstation cheques, ranging from Rs 25 to Rs 100 depending upon the value, a move that will benefit banking customers.Under the proposed scheme, a bank will not be allowed to charge ..

Posted in Corporate Law |   257 Views


Extradition Treaty between India and Iran

   11 September 2008 at 23:24

The Union Cabinet today gave its approval for signing and ratification of the Extradition Treaty between India and Iran. The Treaty would provide a legal framework for seeking extradition of terrorists, economic offenders, and other criminals from an ..

Posted in Corporate Law |   322 Views


Guidelines for Provisioning of Internet Protocol Television Services Issued

   09 September 2008 at 10:51

The Ministry of Information & Broadcasting has today issued guidelines for provisioning of Internet Protocol Television (IPTV) Services in India in pursuance of Union Cabinet’s decision of 21st August, 2008. IPTV services facilitate delivery of telev ..

Posted in Corporate Law |   321 Views


India and Colombia sign MoU

   08 September 2008 at 22:09

India and Colombia sign MoU for Cooperation in The Hydrocarbon SectorIndia and Colombia have signed a Memorandum of Understanding(MoU), for cooperation in hydrocarbon sector. Shri Murli Deora, Minister for Petroleum & Natural Gas, Government of India ..

Posted in Corporate Law |   311 Views


Amendment in Excise Duty Exemption for SSI Units Notified

   03 September 2008 at 11:07

19:40 ISTNotification No.8/2003-Central Excise provides full exemption from Central Excise duty to goods manufactured by small-scale units i.e. units whose aggregate value of clearances did not exceed Rs.4 crore in the preceding financial year. The e ..

Posted in Corporate Law |   335 Views


Dr. D. Subbarao is the Next RBI Governor

   03 September 2008 at 11:07

Dr. Duvuri Subbarao has been appointed as the next Governor of Reserve Bank of India. He will take charge of the new post after the present RBI Governor, Dr. Y.V. Reddy demits his office on 5th of this month. This was announced by the Finance Ministe ..

Posted in Corporate Law |   421 Views


Company Act 2008 -key points

   03 September 2008 at 11:07

Companies Act 2008 - Key PointsHere are the Key Points of Companies Act 2008- One-person company allowed, more stringent regime for not-for-profit firms- Restrictions on number of partners in partnership firms, banking firms relaxed- Companies will n ..

Posted in Corporate Law |   454 Views


HC issuses notices on CAble Fees

   02 September 2008 at 00:00

Delhi HC issues notices to TRAI, I&B Ministry on cable feesThe Delhi High Court issued notices to the Telecom Regulatory Authority of India (TRAI) and the Ministry of Information and Broadcasting on a petition filed by a TV channel seeking directions ..

Posted in Corporate Law |   242 Views


Next RBI Governer

   01 September 2008 at 22:31

Dr. D. Subbarao is the Next RBI Governor ------------------------------------------------ Dr. Duvuri Subbarao has been appointed as the next Governor of Reserve Bank of India. He will take charge of the new post after the present RBI Governor, Dr. Y. ..

Posted in Corporate Law |   482 Views


Companies bill 2008 gets the nod of Union Cabinet

   01 September 2008 at 18:04

Companies bill 2008 gets the nod of Union CabinetThe Union cabinet today gave its nod for the introduction of the Companies Bill 2008 in the next session of Parliament to replace the existing Companies Act, 1956 by incorporating far-reaching changes. ..

Posted in Corporate Law |   457 Views