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corporate law


Model Real Estate Regulation Bill soon

 The Centre is working on a model Real Estate Regulation Bill to provide guidelines to facilitate growth and promote a transparent and competitive real estate sector in the country. Inaugurating a conference on Affordable Housing for Urban Poor here on Thurs..

Posted in news |   259 Views


ICWAI URGES GOVERNMENT FOR MORE REGULATORY POWERS

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Posted in news |   677 Views


NEED TO ENSURE ETHICS SAYS SEBI

 There is a need to ensure ethics among market participants for efficient and transparent functioning of the system, a SEBI official said on Thursday. "There has not been much emphasis on ethics (among market participants) as there should have been," SEBI Whole-Time Member Prashant Saran said..

Posted in news |   159 Views


GOVERNMENT DRAFTS GREEN SEZ POLICY

 Non-industrial SEZs to be more energy efficient The Centre has drafted a ‘green policy’ for making industrial and non-industrial special economic zones (SEZs) more energy efficient. The policy would be introduced shortly, said MS Rao, development commissioner, Visakhapatnam Special Economi..

Posted in news |   180 Views


Move to derecognise Coimbatore Stock Exchange stayed by HC

Scuttling a move to de-recognise the Coimbatore Stock Exchange (CSE) and close down its operation..

Posted in news |   245 Views


SEZs MUST GET FRESH NOCs FOR EXTENSION OF VALIDITY

 The Centre will take up the issue of granting a third extension to the approval given to four special economic zone (SEZ) projects, including Reliance Haryana’s multiproduct SEZ in Gurgaon and Suzlon Infrastructure’s high-tech SEZ in Karnataka, in its month-end meeting only if it gets a fr..

Posted in news |   193 Views


RBI to implement revised guidelines on financial conglomerat

Reserve Bank of India (RBI) will shortly operationalise the revised regulatory framework for financial conglomerates in a bid to improve security, a top central banker said today. The apex bank will also shortly come out with a draft discussion paper on ..

Posted in news |   238 Views


Regional bourses can help increase compliance by market play

SEBI’s regulations might have forced regional exchanges to exit from the market. Still, with their long history these exchanges can help in increasing the participation of retail investors and the compliance levels of brokers and intermediaries, according ..

Posted in news |   180 Views


‘Govt committed to insurance FDI Bill’

 The government is committed to clear the Insurance Amendment Bill that seeks to raise foreign direct investment (FDI) limit in the sector to 49% from the current 26%, minister of state for finance Namo Narain Meena said on Tuesday. “This is under prep..

Posted in news |   129 Views


LLP: EXCELLENT ENTRY OPTION FOR FOREIGN INVESTORS

Limited Liability Partnership (LLP) is a new form of business entity been created by enactment of Limited Liability Partnership Act, 2008. LLP is a body corporate formed and incorporated under LLP Act. It is a legal entity, separate from its partners, having perpetual succession. Any change in the partners ..

Posted in news |   193 Views


RBI extending date for OTS

On 3rd Sept, 2009,the Reserve Bank of India has issued a notification and extended the date till 31st Dec, 2009 for one time settlement of agricultural loans...

Posted in news |   277 Views


AP HC approves setting up of fast track court for Satyam cas

Andhra Pradesh High Court has approved setting up of a fast track court to settle the multi-crore rupee fraud case of Satyam Computers, Corporate Affairs Minister Salman Khurshid said. ‘Agreeing to our appeal the High Court had approved setting up of a fast track court for the settlement of the Satyam fraud case. We are awaiting the final notification,’ Mr Khurshid told reporters ..

Posted in news |   225 Views


SC: School exam board is not a service provider for a studen

The Supreme Court has ruled that a School Examination Board is not a service provider and the provisions of the Consumer Protection Act are not applicable to such a statutory body. A bench comprising Justices R V Raveendran and Markandey Katju while allowing the appeal of Bihar School Examination Board said ‘The board is a statutory authority. The function of the boar..

Posted in news |   202 Views


SC notice to Centre, RBI on disabilities scheme

 The Supreme Court issued notices to the Union Government and Reserve Bank of India (RBI) on a petition alleging that the funds collected under the Disabilities Scheme have not been properly utilised. A Bench comprising Chief Justice K G Balakrishnan and Justices P Sathasivam and B S Chauhan issued notices seeking a response of the Union Government and the RBI to the a..

Posted in news |   178 Views


Gas row: NTPC moves SC against RIL

State-run power PSU NTPC on Saturday moved the Supreme Court challenging the Bombay High Court judgement that allowed Mukesh Ambani Group company RIL to amend its petition on the gas dispute. A ministerial group had approved $4.2 per mmBtu as the value of gas from RIL's KG-D6 fields, but before that the company had won a contract to supply 12 million cubic metres of gas per day to NTPC's Kawa..

Posted in news |   213 Views


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