corporate law

Certain provisions of competition act, 2002 notified  /o:p..

 Limited Liability Partnership FAQs NATURE OF LIMITED LIABILITY PARTNERSHIP (LLP) 1. Concept of “lim..

Two sections of the Competition Act still to be notified. After a long wait of five years, India's official anti-monopoly body, the Competition Commission of India (CCI), would finally become operational from tomorrow. Sections three and four of ..

 The Insurance Laws Amendment Bill is expected to be one of the first pieces of legislation to be taken up for discussion in Parliament when the Fifteenth Lok Sabha session is convened. Th..

Market regulator SEBI on Moday announced the appointment of Prashant Saran as its whole time member. “Prashant Saran took charge as Whole Time Member, Securities and Exchange Board of India in Mumbai today,” Sebi said in a release. Prior to this assignment, he held the position of chief general ..

Govt yet to notify key sections on conversion. A month after the government allowed registration of Limited Liability Partnerships (LLPs), only 10 firms have availed this new form of doing business that provides advantages of a partnership firm and also a corporation. This is because the government is yet t..

The Finance Ministry has slapped definitive anti-dumping duty on colour television picture tubes imported from Malaysia, Thailand, China and South Korea. The levy of anti-dumping duty is likely to lead to higher input cost for manufacture of colour telev..

The Reserve Bank of India has empowered practicing company secretaries to issue Diligence Reports to scheduled commercial banks which will confirm the mandatory compliance with all statutory and contractual obligations by companies availing multiple banking or consor..

One of the big challenges facing the new government will be to reconsider the norms it announced earlier this year for computing foreign ownership, an issue on which it has drawn criticism. The guidelines, announced in February, said that investment through companies owned and controlled by Indians would no..

The Rs 7,000-crore Satyam scam, the biggest fraud in Indian corporate history, exposed the archaic nature of the country’s company laws, and posed questions about the prevalent auditing norms. The new government will have to learn its lessons from this episode and push forward by putting a proposed ne..

In a bid to attract banks to trade in Separate Trading of Registered Interest and Principal of Securities (STRIPS), the Reserve Bank of India, in its draft guidelines on stripping/reconstitution of government securities, said that these financial instruments will be reckoned as eligible government securities for statutory liquidity ratio (SLR) purposes. Furth..

The Reserve Bank today asked regional rural banks to strictly adhere to rules regarding nominations in savings accounts, even if the customers do not ask for it.The ..

The Securities and Exchange Board of India (Sebi) on Friday allocated investment limits in the government debt market to 14 foreign institutional investors (FIIs)/sub-accounts through the open-bidding platform. These entities, which also include Bank of America Singapore, Barclays Bank, BNP Paribas, JP Morgan Chase Bank and Standard Chartered Bank (Mauritius), have bid for around Rs 10,000 cror..

The Reserve Bank on Thursday said 926 branches of private and public sector banks have been designated for receiving advance income tax in Mumbai and Navi Mumbai. "Arrangements have been made for the convenience of the income tax assesses. Of the 926 bank branches, 862 are public sec..

Changes to Investor Complaint eForm A separate option namely “non filing of return of cessation of a director in Form 32” in field at serial number 3 “Nature of complaint” has been added in the Investor Complaint Form. To obtain the particulars of the director for whom return of cessation is not filed by the company a new filed..