corporate law

Acc. to new gratuity rules, an employee retiring on or after 24th may, 2010, will be eligible to receive a tax free gratuity amount of Rs. 10 lacs instead of Rs 3.5 lacs. ..

Vivek Sahai is the new chairman of Railway Board. He replaces S.S. Khurana. ..

link href="file:///C:%5CUsers%5Cspace%5CAppData%..

link href="file:///C:%5CUsers%5Cspace%5CAppData%..

link href="file:///C:%5CUsers%5Cspace%5CAppData%..

Week 10th to 15th May 2010 Highlights    ICAI ..

A company cannot enter into an arbitration agreement even before it is formally registered under the Companies Act, the Supreme Court (SC) ruled in the case, Andhra Pradesh Tourism Development Corporation vs Pampa Hotels Ltd. However, the promoters of the company can enter into such an agreement if it was warranted by the terms of incorporation of the company. Bu..

SC upholds NCLT    Upholding the validity of amendments made to the Companies Act in 2002, the Supreme Court tod..

  The insurers are planning to make suitable changes in their existing products to comply with the latest norms issued by the Insurance Regulatory & Development Authority(Irda)on Monday. ..

  The new norms for unit-linked insurance plans (Ulips) released on Monday are part of the periodic review of regulatory guidelines on various product portfolios, Insurance Regulatory and Development Authority ..

  The Government has said that the Companies Act, 1956 does not provide for appointment of Independent Directors. But, as per clause 49 of the Listing Agreement, all the listed companies are required to appoint..

  Documents required to be filed by all registered Companies Annually   Balance sheets and Annual Returns are required to be f..

  Share Holding of Credit Rating Agencies span style="font-size:10.0pt;font-famil..

  Steps to Check Fudging of Accounts by Companies The Government has said that as and when any instance of wrong doing by any company comes to the notice, action is taken as per provisi..

RBI proposes free interest rates of export finance    As part of a plan for implementation of the base rate system, the..