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Validity of Negotiable Instruments w.e.f 01-04-2012

w.e.f. 01.04.2012 - Commercial Banks will not make payment of cheques/drafts/pay orders/banker's cheques if presented beyond the period of three (3) months from the date on such instrument.   i.e., The validity period of negotiable instruments is reduced from 6 months to 3 months, w.e.f. 01.04.2012.   ..

Posted in news |   12 comments |   8267 Views


HC directs striking workers of Maruti to vacate premises

  The Punjab and Haryana high court on Thursday directed that there would be no sit-in strike within 100 meters of the premises of Maruti Suzuki's factory at Manesar. Justice Surya Kan..

Posted in news |   1505 Views


Compliance of the provisions of Companies Act, 1956 and Rules made thereunder

  General Circular No. 63/2011 span style="font-size:12.0pt;line-height:115%;font-family:"Times New Roman&quo..

Posted in news |   2395 Views


Online incorporation of companies within 24 hours

  General Circular No. 61/2011 span style="font-size:12.0pt;line-height:115%;font-family:"Times New Roman&quo..

Posted in news |   1529 Views


Revised Schedule VI (shall be effective from 01.04.2011)

  General Circular No. 62/2011 span style="font-size:12.0pt;line-height:115%;font-family:"Times New Roman&quo..

Posted in news |   1952 Views


Violation of Companies Act

  The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabha that the number of prosecutions filed for the violations of the provisions of the Companies Act, 1956 and disposed of during last three y..

Posted in news |   2462 Views


Salaries of Chief Executives

  The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabha that the Companies Act, 1956 has prescribed a ceiling on the remuneration of chief executive officers..

Posted in news |   1177 Views


Modernization of structure for corporate sector

  Modernization of structure for corporate sector span style="font-size:12.0pt; line-height:115%;f..

Posted in news |   942 Views


Process for Registration of a Company

  The Ministry of Corporate Affairs has simplified procedures under MCA-21 to enable registration of a company within 24 to 48 hours where there is no difficulty about availability of name etc. The various ele..

Posted in news |   1 comments |   2870 Views


Limited Liability Partnership Rules

  The Limited Liability Partnership Rules, 2009 were notified on 01.04.2009. As on 08-08-2011, 5883 LLPs are registered all over India. p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;tex..

Posted in news |   4 comments |   2303 Views


Cases of corporate frauds

  There is no verified information available to suggest that the cases of corporate frauds are o..

Posted in news |   1 comments |   1713 Views


Competition Commission of India : Composition and functions

  The Competition Commission of India has been constituted under Section 7 of the Competition Act, 2002 as amended in 2007. span style="font-size:12.0pt;line-height:115%;font-family: "Times New Roman&qu..

Posted in news |   2 comments |   4356 Views


Valuation Professionals Bill

  The report submitted by the Expert Group on Valuation Professionals Bill including the comments received in this regard from the stakeholders are under consideration of this Ministry and No definite time frame can be given..

Posted in news |   1277 Views


Amendments in Consumer Protection Act

The Government is considering further amendments in Consumer Protection Act to make it more vibrant and effective. This was stated by Prof. K.V. Thomas, Minister of Consumer Affairs, Food & Public Distribution while inaugurating new..

Posted in news |   1 comments |   1855 Views


Number of Urban Poor

  The Minister for Housing and Urban Poverty Alleviation Kumari Selja has said that as per the Planning Commission estimates 807.60 lakhs ..

Posted in news |   839 Views


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