Corporate Frauds From 2012-13 up to 31-01-2016 the Ministry has ordered investigations through Serious Fraud Investigation Office (SFIO) of this Ministry into the affairs of 258 companies allegedly indulging in fraudulent/ illegal activities. Of these, 116 investigations have been completed and reports submitted to the Ministry, while in 08 cases, investigations have been stayed by… Read More »
Activities by Companies Under CSR The provisions of Corporate Social Responsibility (CSR) under Section 135 of the Companies Act, 2013 and rules made thereunder have been notified on 27.02.2014. These notifications are available on the Ministry’s website (www.mca.gov.in). The salient features of CSR provision inter-alia, are as follows: companies above the specified threshold of … Read More »
Companies Registered Under Companies Act The Number of Companies registered under the Companies Act during the year 2014-15 is 64,395. The number of Companies listed in stock exchange during the year 2014-15 is 66. The total authorised capital of public and private limited companies registered during the year 2014-15 is Rs.8,826.80 crore and 22,953.93 crore… Read More »
KPMG Survey on CSR The KPMG report available in public domain regarding a survey of Corporate Responsibility (CR) Reporting by 4500 companies across 45 countries in 2015, places India as the leading country in terms of reporting Corporate Responsibility. The key findings of the survey suggest inter alia, (a) India has the highest CR reporting… Read More »
No.P.6/3/2006-SEZ (vol.111) Government of India Ministry of Commerce & Industry Department of Commerce (SEZ Division) Udyog Bhawan, New Delhi Dated 16th February, 2016 Subject: Guidelines for power Generation, Transmission and Distribution in Special Economic Zones (SEZs) Regarding Power Guidelines for power Generation, Transmission and Distribution in Special Economic Zones (SEZs) were issued on 27th February,… Read More »
CONDITIONS AND MANNER OF PROVIDING EXIT OPPORTUNITY TO DISSENTING SHAREHOLDERS THE GAZETTE OF INDIA EXTRAORDINARY PART – III – SECTION 4 PUBLISHED BY AUTHORITY NEW DELHI, February 17, 2016 SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 17th February, 2016 SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) (SECOND… Read More »
ICSI Representations on Companies Law Committee Report, 2016
ICSI Recommendations on Companies Law Committee Report, 2016
Comments on the draft Companies (Authorised To Registered) Amendment Rules 2016
GOVERNMENT OF INDIA Ministry of Corporate Affairs NOTICE INVITING COMMENTS ON THE DRAFT COMPANIES (Incorporation) Second AMENDMENT RULES 2016 Dated the 17th February, 2016 The draft Companies COMPANIES (Incorporation) Second AMENDMENT RULES 2016 i.e. conversion of unlimited liability company into limited liability companyhas been placed on the Ministry’s website at www.mca.gov.in. It has been decided to invite suggestions/comments on… Read More »