ICAI International Conference on “Accountancy Profession: Catalyst to Sustained Economic Growth” on 4-6 January, 2011 at Vigyan Bhawan, New Delhi
There were many judgements on the role of directors and the responsibility of directors/Board of Directors in any Company. In Private Limited Companies or the Public Companies, the role and responsibility of the Directors or the Board of Directors depend upon the regulations in the Articles of the Company and the provisions of the Companies Act, 1956. When it comes listed Public Companies, other provisions like the SEBI guidelines, regulations, provisions in the listing agreement etc. deserve consideration.
he Association shall not make any untrue statement or suppress any material fact in documents, reports or information furnished to the Board.
service tax is a Value Added Tax which in turn is a destination based consumption tax in the sense that it is levied on commercial activities and it is not a charge on the business but on the consumer. That, service tax is an economic concept based on the principle of equivalence in a sense that consumption of goods and consumption of services are similar as they both satisfy human needs.
In exercise of the powers conferred by sub-section (1) of section 621 of the Companies Act, 1956 (1 of 1956), the Central Government hereby authorizes the following officers in the Serious Fraud Investigation Office, Ministry of Corporate Affairs, for the purposes of filing and conducting prosecution under the Companies Act, 1956, namely.
S. O… (E) – In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Board, being satisfied that it is necessary and expedient so to do, hereby makes the following further amendment in the notification of the Government of India in the Ministr
Companies (Amendment) Regulations, 2010 – Amendment in regulation 2. NOTIFICATION NO. G.S.R. 866(E), DATED 29-10-2010, ISSUED BY MINISTRY OF CORPORATE AFFAIRS. In exercise of the powers conferred by sub-sections (1), (2), (5) and (8) of section 25 and sub-section (2) of section 609 of the Companies Act, 1956 (1 of 1956), the Central Government hereby makes the following regulations further to amend the Companies Regulations, 1956, namely:—
It is a simple and iconic logo depicting a sheet of paper with information on it, and the public authority – providing the information. This represents people’s empowerment through transfer and accountability in Governance. The logo’s shape and struc
Instruction No. 67, dated 28-10-2010. The undersigned is directed to say that in order to implement the Custom Notification No. 91/2010, dated 6-9-2010, it has been decided that operation of Rule 47(3) of SEZ Rules, 2006 is kept in abeyance w.e.f. 6-9-2010 till further orders.
SEZ : Transfer of used Capital Goods by SEZ units Instruction No. 68, dated 28-10-2010 Department of Commerce has been receiving a number of representations especially from IT/ITES SEZ units about their requests for transfer of capital goods from their STPI units to their newly formed SEZ units. In one case, the DC concerned permitted […]
