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Corporate Law : Explore India G20 Task Force report on Digital Public Infrastructure (DPI), defining global strategies for economic transformation...
Corporate Law : India to observe 'Samvidhaan Hatya Diwas' on 25th June yearly, honoring those who fought against the 1975 Emergency's tyranny. Lea...
Corporate Law : Read about the Directorate of Enforcement's (ED) search operations under PMLA at 14 locations in Haryana and Punjab, uncovering ca...
Corporate Law : Government reopens PLI Scheme for White Goods (ACs and LED Lights) from July 15 to October 12, 2024. Get details on eligibility, a...
Corporate Law : Read the detailed Delhi High Court judgment where NOIDA's loans are deemed non-commercial, making it eligible for Section 10(46) I...
Corporate Law : Delhi High Court judgment allows belated filing of MCA annual returns and balance sheets by Aryan Cargo Express Pvt. Ltd. Detailed...
Corporate Law : Meghalaya High Court directs Customs to refund Rs. 60 lakhs for destroying seized betel nuts. Learn about the court's decision and...
Corporate Law : Read the detailed analysis of Kashi Ram Ved Prakash v. Commissioner of Commercial Tax U.P. by Allahabad High Court. The court disc...
Corporate Law : Detailed analysis of the NCLT Mumbai judgment in SBI vs Navjeevan Tyres, addressing issues of loan recall notice and corporate gua...
Corporate Law : Explore IRDAI's final order on Aegon Life Insurance (now Bandhan Life) regarding violations of AML and policyholder protection reg...
Corporate Law : Explore India Post's new operational guidelines for bulk customers of registered articles, including eligibility, registration pro...
Corporate Law : Participate in the public consultation on amending Rule 3 of the Legal Metrology (Packaged Commodities) Rules, 2011. Deadline: 29....
Corporate Law : Detailed analysis of IBBI Order 229/2024 on Mr. Narender Kumar Sharma, resolving a show-cause notice with significant findings and...
Corporate Law : Explore the IBBI's decision on Mr. Gopal Krishna Raju regarding violations under the Companies Act, 2013 and Valuation Rules, incl...
The Delhi High Court Friday ruled that even those companies in which the government has a minority stake can be brought under the purview of the Right to Information (RTI) Act. Declaring National Agricultural Cooperative Federation of India Ltd (NAFED), National Cooperative Consumer Federation of India Ltd (NCCF) and Krishak Bharti Cooperative Ltd public authorities, Justice S. Muralidhar said there is no need to have deep or pervasive government control over an institution to bring it under the ambit of the transparency law.
The government is likely to subject all investments in sectors closed to foreign investments to greater scrutiny through a new oversight body to ensure that foreign capital does not slip into these sectors undetected. There have been allegations that under the new foreign direct investment policy overseas investments could be routed into the sectors closed to such investments. The prohibited sectors include multi-brand retail, gambling, betting, lottery, atomic energy and plantation.
The ICAI is pleased to note that its suggestion relating to exemption of capital gains in the hands of shareholders consequent to conversion of a company into a LLP, has found favour with the Government. It is also heartening to note that one out of the three amendments made while passing the Finance Bill, 2010 was in accordance with the suggestion given in the Post-Budget Memorandum, 2010 submitted by the Direct Taxes Committee of ICAI. One of the other two proposals is an extension of relief granted unilaterally by the Honourable Finance Minister.
The United Progressive Alliance government has initiated a move to revive a 20-year-old controversial bill which seeks to give representation to workers on company boards. As a first step, Union Labour Secretary Prabhat Chaturvedi met human resource directors and other senior officials of 12 ‘Navratna’ PSUs in Delhi .
In a landmark judgment, a five-judge constitution bench of the Supreme Court on Tuesday upheld the legality of the Companies (Second Amendment) Act, 2002, providing for the establishment of the National Company Law Tribunal and National Company Law Appellate Tribunal to deal exclusively with the company cases for their speedy disposal.
Form 11 is made available at http://llp.gov.in. All LLPs whose financial year closes on 31st March of every year has to file Form 11 within 60 days from the date of financial year closure without any late fee and later it attracts additional fees @ of Rs. 100/- per day of delay. This financial year (closed on 31/03/2010), the due date falls on 30/05/2010.
The government’s key body on foreign investments has rejected Jaipur IPL’s proposal to induct foreign equity into the company. The decision by the Foreign Investment Promotion Board (FIPB) creates problems for the shareholders of the Indian Premier League franchisee that owns the Rajasthan Royals team, but experts say it will not affect the functioning of the company.
Government may soon ask companies with less than 50 per cent foreign equity to seek approval of the Foreign Investment Promotion Board to make any downstream investment.
The government notified the ban on FDI in cigarette manufacturing. The decision was taken by the Union Cabinet on April 8. “Manufacturing of cigars, cheroots, cigarillos and cigarettes, of tobacco or of tobacco substitutes” have been put under the list of sectors where FDI is prohibited.
Authority vide circular No. 46/IRDA/F&A/Nov.-07 dated 22.11.2007 has made it mandatory for to file quarterly report of solvency margin. The said circular mandates filing of Table II – Available solvency margin and solvency ratio as mentioned in IRDA (Assets, Liabilities and Solvency margin of Insurers) Regulations, 2000.