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Archive: 05 April 2013

Posts in 05 April 2013

No Revival of PSU Litigation after COD Rejection – Cabinet Secretariat

April 5, 2013 414 Views 0 comment Print

Instances have come to notice wherein a few PSUs/Departments have approached Tribunals/Courts to re-open the cases in which permission to litigate was denied by CoD. In a few cases, Public Sector Undertakings/Departments have filed petitions in the High Courts. In an isolated case, a Special Leave Petition (SLP) has also been filed in the Hon’ble Supreme Court by an organisation against the High Court decision seeking clarification of the Order dated 17.2.2011 of the Hon’ble Supreme Court, although the High Court had declined to re-open the case.

Major changes in MVAT & Notification amending MVAT & other laws

April 5, 2013 3639 Views 0 comment Print

Single revised return for the year provided in case of revision as per the audit report u/s 61 or as per intimation u/s 63 Provision for issuing notification to waive or reduce late fee for class of dealers or periods as Government thinks fit

SEBI -Exit order in respect of Coimbatore Stock Exchange (CSX)

April 5, 2013 1177 Views 0 comment Print

SEBI vide Circular dated May 30, 2012 had issued the Guidelines for exit of stock exchanges. This contained details of the conditions for exit of de-recognised/non-operational stock exchanges inter-alia including treatment of assets of de-recognised exchanges and a facility of dissemination Board for companies listed exclusively on such exchanges, while taking care of the interest of Investors.

ICSI National Awards for Excellence in Corporate Governance – 2012

April 5, 2013 498 Views 0 comment Print

Chairman of the Awards Jury of the ICSI (Institute of Company Secretaries of India) and former Chief Justice of India Shri Justice M. N. Venkatachaliah here today  presented the ‘ICSI National Awards for Excellence in Corporate Governance -2012’ to two ‘Best Governed Companies’: 1. Indian Oil Corporation Limited; and 2. HCL Technologies Limited.

Companies Need to Look Beyond Shareholder Value – Sachin Pilot

April 5, 2013 375 Views 0 comment Print

Companies Need to Look Beyond Shareholder Value And Make Sustainability a Core Driver of their Strategy – Sachin Pilot Corporate Affairs Minister Inaugurates ‘CSIA International Corporate Governance Conference’ Shri Sachin Pilot, Minister of Corporate Affairs, inaugurated the two-day 2nd CSIA (Corporate Secretaries International Association) International Corporate Governance Conference on the theme ‘Corporate Governance for Sustaining […]

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