Whereas the draft regulations further to amend the Company Secretaries Regulations, 1982 were published as required by sub-section (3) of section 39 of the Company Secretaries Act, 1980 (56 of 1980) at pages 1 to 27 in the Gazette of India Extraordinary, Part III, Section 4 dated the 30th October, 2008 under the notification of the Institute of Company Secretaries of India
The following booths are proposed to set up for the elections. The members eligible to vote in terms of Rule 5 of the Company Secretaries (Election to Council) Rules, 2006 (the Rules) may send their options in terms of Clause 3 of Schedule 2 of Rule 6 to the Rules by 31st August, 2010 for a particular booth in cities/ town located in New Delhi, Mumbai, Kolkata, Chennai, Bangalore, Hyderabad, Ahmedabad & Pune, having more than one polling booth located at different addresses. The information has also been hosted on website of the Institute.
With the economic reforms that were initiated during the 80s and were further given a new direction in the current decade, the Indian corporate sector has been growing at a rapid pace and has become increasingly integrated with the global economy. While the last decade of the previous millennium had witnessed large scale investments by foreign companies in India,
The Andhra Pradesh High Court on Wednesday posted the hearing on a bail petition moved by B Ramalinga Raju, prime accused in the multi-crore Satyam Computers accounting scam, to August 5. The company’s former chairman moved the petition exactly one week after the same court granted bail to five of his co-accused. He requested the court to grant him bail as accused 2 and 5 had been let out on bail despite facing similar charges.
The list of publications relevant for November 2010 examinations has been hosted on the website of the Institute. You may go through the same to be aware of the publications which are relevant from the examination point of view.
“This morning, the Reserve Bank released the First Quarter Review of Monetary Policy for 2010-11 at a meeting of the chief executives of major banks. The important decisions contained in the review were to raise the repo rate from 5.5 per cent to 5.75 per cent and the reverse repo rate from 4 per cent to 4.50 per cent. This asymmetric raise in rates narrows the LAF corridor from 150 basis points to 125 basis points.
The Takeover Advisory Committee has proposed to replace the Securities Exchange Board of India (“SEBI”) (Substantial acquisition of shares and takeovers) Regulations, 1997 (“Takeover Code”) in line with international standards and changing economic environment. The Committee constituted vide SEBI order dated 4 September, 2009, under the Chairmanship of Shri C. Achuthan (former Presiding Officer of Securities Appellate Tribunal) has comprehensively re-written the Takeover Code and submitted a report to SEBI.
The Supreme Court has stated that the Arbitration and Conciliation Act would apply to all civil disputes, and not merely to commercial disputes. It set aside the view of the Karnataka high court in the case, H Srinivas Pai vs H V Pai, in which the high court remarked that the law will apply only to “commercial agreement matters and international commercial matters.”
Students are hereby informed that the CA Final (Old) Course shall be discontinued with the holding of the November, 2010 examination. In other words, November, 2010 examination will be the last attempt available to Final (Old) students and no further extension shall be granted under any circumstances. Final (Old) syllabus students shall have to mandatorily switch over to the Final (New) syllabus after November, 2010 examination.
A circular dated 5 May 2010 is issued by Employee Provident Fund Organization (Ministry of Labour & Employment, Govt of India) in relation to implementation to EPFiGMS. This circular is issued by the Central Provident Fund Commissioner to Additional / Regional Provident Fund Commissioners and related officers.
