corporate law

The Budget may announce a different tax regime for the recently introduced new form of business structure in India, limited liability partnership, which is a hybrid of the characteristics of companies and partnership firms. The Budget may have tax provisions for new business entities register..

 The Cabinet will take up at its next meeting the new Companies Bill, which, if approved, will be tabled in the upcoming Budget session of Parliament, incorporating more checks and balances in the light of the Satyam debacle.   “We are going to move the Cabin..

The government has decided to revise schedule VI to the Companies Act, which stipulates the manner in which every company prepares and presents its balance sheet and profit and loss account. The revision aims to harmonise and synchronise the general disclosure requirements under schedule VI with those presc..

Calling for proper reform of Indian Commercial Law, Kerala High Court Chief Justice S R Bannurmath today stressed the importance of adopting institutional arbitration instead of ad-hoc arbitrations.  Addressing a gathering after inaugurating a national seminar on Maritime Arbitration : Techniques and Enforcement organised by the Indian Council of Arbitration (ICA) and ..

 Recruitment of Legal Officers in Grade B - Roll Nos. of candidates  who have been short-listed for Interview..

Six years after the serious fraud investigation office (SFIO) was set up, the ministry of corporate affairs (MCA) has finally decided to recognise the role and powers of SFIO in the revised Companies Bill, thereby providing it with the much-required legislative ..

In a relief to farmers who had defaulted on loan repayments, the government and the Reserve Bank of India (RBI) have allowed banks to write-off loans even if only a part of the 75 per cent outstanding amount, as stipulated in last year’s debt relief scheme..

The Azim Premji-owned Zash Investments has upped the ante in its dispute with the board of troubled retail firm Subhiksha by    sending a l..

The law ministry will soon clear passage for the new Companies Bill, so that the government can introduce the long pending law in the forthcoming session of Parliament. The Bill, which was last year cleared by Parliament but lapsed with the change of government,..

 The Reserve Bank of India on Tuesday said the bank would be closed on July 1 due to closing of its accounts. The central bank's financial year runs from July to June. “The RBI will remain closed for public transactions on Wednesday, July 1, to facilitate annual closing of its accounts,” the central bank said...

The Reserve Bank of India (RBI) has held back the proposal of HDFC Bank Ltd, the country’s second largest private bank, to grant bonus to its top management team led by Aditya Puri, its Managing Director. Sources in the industry told The Indian Express that the Department of Banking Operations and Development in the RBI is ..

Companies Bill may come up in Budget session ..

 The I-T department is baffled by the new trend of huge amounts of cash being used to buy financial products which they suspect is black money. Tax officials have investigated a number of cases in which investors have bought insurance policies by paying cash up to Rs 1 crore, forcing the department to ..

Mutual fund investors will soon get more value on their investments. Market regulator Sebi on Thursday abolished entry load the fee that is deducted from the amount of money one invests in an MF scheme for all schemes. At present, fund houses are allowed..

 The Union Cabinet has given its nod for raising the upper age limit of the members of the securities appellate tribunal (SAT) to 65 years from the current level of 62 years. An amendment to the Securities and Exchange Board of India Act 1992 would be moved in Parliament for this purpose. This amendmen..