corporate law

Insurance regulator, IRDA, today issued its final guidelines on corporate governance for the insurance sector focusing on key areas such as control functions, Board of Directors, governan..

India will not slow down on financial reforms, but would recalibrate the roadmap for reforms given the backdrop of the global crisis, the RBI Governor Duvvuri Subbarao said on Tuesday. ..

The Agriculture Debt Waiver and Debt Relief (ADWDR) Scheme 2008 has been implemented throughout the country covering around 3.68 crore farmers with total eligible waiver and relief amounting to Rs. 65,318.33 crore. (All figures provisional).  ..

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The government today re-introduced Companies Bill in the Lok Sabha to replace a 52-year-old law and simplify regulations dealing with formation, mergers and acquisitions and winding up of companies. The Companies Bill, 2008, which lapsed with the dissolution of the 14th Lok Sabha, was reintroduced by the Co..

The success story of the Indian economy since the 1990s has increasingly attracted transnational corporations into India and many such multinationals have set up Indian subsidiaries/group companies. Multinational corporations involved in cross-border trade with group companies are significan..

The ministry of corporate affairs has formed an expert group comprising members from the Reserve Bank of India, capital markets regulator Sebi and the Insurance Regulatory Development Authority (Irda) to draw a road map towards India’s convergence with the..

  The Bombay High Court directive that gas from Reliance Industries' fields be sold at rates 44 per cent lower than approved prices has implications on Government's right to formulate and implement the gas usage policy, Petroleum Minister Murli Deor..

 The Reserve Bank of India would celebrate its platinum jubilee in 2009 and 2010 through outreach programmes. Regional Director of RBI (Eastern Region) F R Joseph said that the apex bank had chalked out programmes on a month-wise basis. As a part of this, RBI would hold meetings with bankers and trade associations like FICCI, CII and Assocham, he told reporters in Kolkata o..

 The Competition Act, 2002 inter-alia provides for regulation of combinations in accordance with the provisions contained therein. However, the provisions of the Competition Act, 2002 relating to regulation of combinations, including mergers and amalgamatio..

The Government has proposed to amend the Multimodal Transportation of Goods Act, (MMTG Act) 1993. A Working Group set up for this purpose is looking into the matter and the report is awaited.  The Association of Multimodal Transport Ope..

 The Bombay High Court today dismissed an appeal filed by two shareholders against the merger of Reliance Industries Ltd (RIL) and Reliance Petroleum Ltd (RPL).  A division bench led by Justice Bilal Nazki today dismissed the appeal. The bench also did not grant a stay on its own order.&nb..

Minister for Corporate Affairs, Shri Salman Khurshid today introduced..

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 The Registrar of Companies is likely to act against more than 200 public sector undertakings (PSUs) for not implementing the mandatory provision of Companies Act, 1956, of appointing a company secretary. In a written reply to a question on Thursday, corporate affairs minister Salman Khurshid said, "As per available information, 233 PSUs have not appointed a company secretary...