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Archive: 07 December 2014

Posts in 07 December 2014

No action agaise govt. officers on anonymous or pseudonymous complaints

December 7, 2014 3017 Views 1 comment Print

The Commission had vide its circular Nos. 3(v)/99/2 dated 29th June, 1999 and of even number dated 31st January, 2002 prescribed that no action should be taken on any anonymous or pseudonymous complaints.

Supreme Court constitutes Social Justice Bench

December 7, 2014 1688 Views 0 comment Print

SUPREME COURT OF INDIA The Constitution of India in its Preamble has assured the people a three dimensional justice including social justice. Under the domain of ‘social justice’, several cases highlighting social issues are included. To mention summarily, about the release of surplus food grains lying in stocks for the use of people living in […]

Sukanya Samriddhi Account Rules, 2014 – Notification

December 7, 2014 45581 Views 22 comments Print

Opening of Account.- (1) The account may be opened by the natural or legal guardian in the name of a girl child from the birth of the girl child till she attains the age of ten years and any girl child, who had attained the age of ten years, one year prior to the commencement of these rules. shall also be eligible for opening of the account under Sukanya Samriddhi Account Rules,2014.

Fly by Night Companies

December 7, 2014 1939 Views 0 comment Print

Companies which, after raising funds through Public issues, fail to file documents and balance sheets and become untraceable are called ‘Vanishing Companies’. Initially 238 such companies were identified. Out of these, 128 companies subsequently started filing their returns etc. and therefore they are no longer regarded as ‘Vanishing Companies’ and are subjected to special monitoring […]

Explanatory Statements to Shareholders Resolution- Companies Act,2013

December 7, 2014 81418 Views 0 comment Print

Gurminder Dhami INTRODUCTION General principle of law is that the decisions which are serious in nature or which involve significant business transactions are taken at Shareholders meetings. The scope of this decision making power has been increased by Companies Act, 2013. To enable shareholders to take apt and a well informed decision, it is necessary […]

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