corporate

Shri Murli Deora, and Shri R.P.N. Singh for Corporate Affairs had an Interactive Session with corporate India on the ini

Shri Murli Deora, Union Minister for Corporate Affairs and Shri R.P.N. Singh, Minister of State for Corporate Affairs had an Interactive Session with corporate India on the initiatives of Ministry of Corporate Affairs, namely, Companies Bill and Inte
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Govt. may extend exemption on inter-corporate dividends further down the chain of corporate subsidiaries

The finance ministry is considering a proposal to extend the tax exemption on inter-corporate dividends further down the chain of corporate subsidiaries in the upcoming Union Budget, a long-standing demand from India Inc. “The proposal is under consideration but a final decision has not been taken,” said a senior government official. The move is expected [...]
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Budget will not address the taxation issue related to limited liability partnerships

Corporate Affairs Minister Salman Khursheed has said, contrary to expectation, the Budget will not address the taxation issue related to limited liability partnerships. The issue will be clarified only next year, he added. “It is too short a time for us to sort out the issue, but it is flagged,” Khursheed told. The Ministry of [...]
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CLB shifted offce from Shastri Bhawan to Paryavaran Bhawan

GOVERNMENT OF INDIA COMPANY LAW BOARD Shastri Bhawan, 5th Floor, ‘A’ Wing, Dr. Rajendra Prasad Road, New Delhi-l 10001 Dated: 09.06.2009 OFFICE ORDER The Company Law Board, New Delhi is in the process of shifting from Shastri Bhawanto Paryavaran Bhawan, CGO Complex, 3rd Floor, Lodhi Road, New Delhi- 110003. Filing of new petitions and receiving [...]
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ICAI entering into domain of ICSI by setting up corporate affairs standards

The accounting and auditing regulator, the Institute of Chartered Accountants of India (ICAI), is set to enter a new area, till now a domain of the Institute of Company Secretaries of India (ICSI), by setting up corporate affairs standards (CAS) on various areas of corporate law and practices. ICAI has already prepared three such standards [...]
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Audit of Co-Operative Housing & Credit Societies in Maharashtra

Various Laws Applicable to Co-op. Societies 1) The Maharashtra Co-op. Societies Act, 1960 (MCS Act) – having 167 sections effective from 26/1/1962 and The Maharashtra Co-op. Societies Rules, 1961 – having 110 rules effective from 23/12/1963.
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Foreign Exchange Management (Current Account Transactions) (Amendment) Rules, 2009

Notification No. G.S.R. 349(E) In exercise of the powers conferred by sub-section (1) and clause (a) of sub-section (2) of section 46 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in consultation with the Reserve Bank, the Central Government, having considered it necessary in the public interest, hereby makes the following further [...]
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