"27 December 2011" Archive

Company Law – Form 24AA; Is it mandatory for every year?

According to Section 299 of the Companies Act, 1956, the Directors of the Company place Form 24AA, when they are appointed in the Board and every year at the last month of the Financial Year after its renewal. The format of Form 24AA is prescribed under Companies (Central Government’s) General Rules and Forms, 1956. The Form 24AA is sho...

Posted Under: Company Law |

Private Company can call Annual General Meeting (AGM) anywhere in the world

The incorporation is the birth of the Company and thereafter the Company comes into existence. As soon as the Company is registered under the Companies Act, the provisions of Companies Act, 1956 is applicable on that Company. There are a lot of Sections under the Companies Act, 1956 which touch the Company but I am here to discuss only su...

Posted Under: Company Law |

SEBI (Credit Rating Agencies) (Second Amendment) Regulations, 2011

Notification No. LAD-NRO/GN/2011-12/31/39022 27/12/2011

In exercise of the powers conferred by section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the Regulations to amend the Securities and Exchange Board of India....

Lokpal and other Landmark bills brought in to Tackle Corruption and Ensure Delivery of Services to Citizens in Time Bound Manner

The Government introduced in Lok Sabha the Lokpal and Lokayuktas Bill 2011, aimed at setting up the body of Lokpal at the Centre and Lokayuktas at the level of the States. The proposed autonomous and independent bodies, Lokpal and Lokayuktas, shall have powers of superintendence and direction for holding a preliminary inquiry, causing ...

Posted Under: Company Law |

PM's Statement in Lok Sabha during Debate on Lokpal Bill

There are some very special moments in the life of a nation. This is one such moment. The nation awaits with bated breath how the collective wisdom of this House will be reflected in the vote at the end of the debate on the Lokpal and Lokayuktas Bill, 2011....

Posted Under: Company Law |

Election Commission not monitoring raising of funds by the team of Anna Hazare

Press Note Attention of the Commission has been invited to certain reports in the print and electronic media that the Election Commission is watching the move of Shri Anna Hazare and his team that they would campaign in the current general elections in five States against the Congress and others who oppose the early passage of the Lokpal ...

Posted Under: Company Law |

Notification No.139/2011 – Income Tax Dated 27/12/2011

NC Notification No.139/2011 - Income Tax 27/12/2011

NC Notification No.139/2011 - Income Tax Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O. 2370(E), dated 3rd October, 2008, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government ...

Notification No.138/2011 – Income Tax Dated 27/12/2011

NC Notification No.138/2011 - Income Tax 27/12/2011

NC Notification No.138/2011 - Income Tax Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue), number S.O.521(E), dated the 14th July, 1994, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government ...

Notification No.137/2011 – Income Tax Dated 27/12/2011

NC Notification No.137/2011 - Income Tax 27/12/2011

NC Notification No.137/2011 - Income Tax Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O. 2033(E), dated 6th August, 2009, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government h...

Notification No.136/2011 – Income Tax Dated 27/12/2011

NC Notification No.136/2011 - Income Tax 27/12/2011

NC Notification No.136/2011 - Income Tax Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O. 737(E), dated 13th March, 2009, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government h...

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