The Corporate Affairs Ministry has asked the Registar of Companies to inspect the books of accounts of the controversial multi-level marketing company Speak Asia and submit its report to the government by July 10. The Singapore-based company Speak Asia, which is yet to be incorporated as a company in India, would be inspected under sectio...
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As you are aware, there was an all-party meeting yesterday. It started at half-past four, went on till nearly quarter to eight. Apart from the Prime Minister and the Finance Minister – the Finance Minister is also chairman of the joint drafting committee – there were 31 speakers representing the political parties. Both Leaders of Oppo...
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The Central Government had appointed a Committee in March 2011 to review the role, functioning and structure of the Central Economic Intelligence Bureau (CEIB) and to recommend steps to streamline and strengthen financial intelligence gathering and its dissemination for effective coordination amongst the Intelligence Organisations of the ...
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Consolidation of FDI Policy: With the aim of simplifying FDI policy, promoting clarity of understanding of foreign investment rules among foreign investors/sectoral regulators and having a single policy platform, so as to ease the regulatory burden for Government, a major exercise of integrating all existing regulations on FDI, into one c...
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Finance Minister Pranab Mukherjee today said the government has not taken any decision yet on revising the economic growth projections for 2011-12. We have not taken any decision yet..., Mukherjee told reporters when asked if the government is planning to revise the GDP growth projections downwards....
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Amidst pressure on the government to tighten the screws on inflow of funds from tax havens, India's foreign direct investment from Mauritius and Cyprus, dropped significantly in 2010-11. While the FDI inflows from all the sources declined by 25% in 2010-11, the drop was steeper at about 33% to USD 6.98 billion from Mauritius. Likewise, th...
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Commissioner of Customs, Calcutta Vs G. C. Jain and another (Supreme Court of India) -
Commissioner of Customs, Calcutta Vs G. C. Jain and another (Supreme Court of India)- Respondents imported 14 consignments of Butyl Acrylate Monomer (BAM) and cleared the same against advanced licenses by availing the benefit of customs notification nos. 203/92-Cus. and 79/95-Cus., without payment of duty - Revenue issued show cause notic...
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M/s Rajmal Lakhichand Vs. Commr. Cen. Exc. & Customs (Supreme Court of India) -
High Court was justified in refusing to expand the scope of the reference so as to include the silver weighing 1713.807 kgs. which was confiscated u/s. 111(d) of the Act while hearing the reference with regard to silver weighing 194.250 kgs. but confiscated under a different provision of law, namely, u/s. 120(2) of the Act - Supreme Cour...
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M/S. Spice Communications Limited & Anr. (Delhi High Court) -
SPICE COMMUNICATIONS LIMITED & ANR Company Applications No. 578-579/2011 have been filed by the Department of Telecommunication (in short ‘DOT’) under Rules 6 and 9 of the Companies (Court) Rules, 1959 for recall and stay of this Court’s order dated 5th February, 2010 by virtue of which amalgamation of Spice Communication Limited (f...
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MCA SPV an Independent Business Division (IBD) of Indian Institute of Corporate Affairs (IICA), under Ministry of Corporate Affairs intends to engage a Knowledge Management partner for purpose of data mining and analysis using data repository of MCA21 system of Ministry of Corporate Affairs, Government of India. The Knowledge Management ...
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