Login  |  Register  |  Forgot Password 
Below Login Ad

News - (Get Professional Updates on Whatsapp, Msg on 8285393786) Category : Corporate Law

DIN holders are required to file DIR-3 KYC form every year - MCA
Posted Date : 16-Apr-2019 , 11:12:35 am | Posted By CASANSAAR

The Ministry of Corporate Affairs (MCA) has issued some clarification with regards to filling of e-form DIR-3 KYC. In a notification, MCA said “DIN holders are required to file the DIR-3 KYC form every year, so that they are aware of and confirm the data & information as available in th...

Continue Reading...

Category : Corporate Law | Comments : 0 | Hits : 792

284 companies may face prosecution for CSR non-compliance
Posted Date : 20-Dec-2018 , 10:19:24 pm | Posted By CASANSAAR

The government has sanctioned prosecution proceedings against 284 companies and sent 5,382 notices to companies that have not fulfilled the mandatory corporate social responsibility (CSR) expenditure norms, minister of state for corporate affairs P P Chaudhary has said.  Companies with a net...

Continue Reading...

Category : Corporate Law | Comments : 0 | Hits : 296

Govt moves NCLT to appoint more directors on IL&FS board
Posted Date : 20-Dec-2018 , 10:15:12 pm | Posted By CASANSAAR

The government moved the Mumbai bench of the National Company Law Tribunal (NCLT) on Wednesday seeking to appoint Vijay Kumar and N. Srinivasan to the board of debt-laden Infrastructure Leasing and Financial Services Ltd (IL&FS). However, the tribunal directed the government— represented b...

Continue Reading...

Category : Corporate Law | Comments : 0 | Hits : 182

Only registered valuers can do valuation under IBC from Feb 2019
Posted Date : 22-Oct-2018 , 09:04:53 am | Posted By CASANSAAR

From February next year, only entities registered as valuers with the IBBI can carry out valuation of assets under the insolvency law, according to a circular.  The registration of valuers is done by the Insolvency and Bankruptcy Board of India (IBBI). Valuation of assets is a key factor for...

Continue Reading...

Category : Corporate Law | Comments : 0 | Hits : 811

SC sends three directors of Amrapali group to police custody
Posted Date : 09-Oct-2018 , 10:18:16 pm | Posted By CASANSAAR

The Supreme Court today sent three directors of the Amrapali group to police custody, directing them to hand over all the documents of the 46 group companies to forensic auditors.  A bench of Justices Arun Mishra and U U Lalit took exception to the Amprapali group not handing over all the do...

Continue Reading...

Category : Corporate Law | Comments : 0 | Hits : 462

Govt orders SFIO investigation into IL&FS and its subsidiaries
Posted Date : 03-Oct-2018 , 09:17:52 am | Posted By CASANSAAR

The government on Monday said an Serious Fraud Investigation Office (SFIO) investigation has been ordered into the affairs of IL&FS and its subsidiaries. The debt-laden infrastructure financing giant was paying dividends and huge managerial pay-outs regardless of looming liquidity crisis. In ...

Continue Reading...

Category : Corporate Law | Comments : 0 | Hits : 388

Govt moved NCLT to supersede Management of IL&FS on grounds of mismanagement
Posted Date : 01-Oct-2018 , 11:09:54 pm | Posted By CASANSAAR

The Central Government, based on a report received from the Regional Director, Mumbai, Ministry of Corporate Affairs, concluded that the affairs of IL&FS holding Company  and its group companies are being conducted in a manner prejudicial to public interest.  With a view to preventing ...

Continue Reading...

Category : Corporate Law | Comments : 0 | Hits : 296

Govt constitutes Competition Law Review Committee to review the Competition Act
Posted Date : 30-Sep-2018 , 10:22:39 pm | Posted By CASANSAAR

  In pursuance of its objective of ensuring that Legislation is in sync with the needs of strong economic fundamentals, the Government has constituted a Competition Law Review Committee to review the Competition Act. The Competition Act was passed in the year 2002 and the Competition Comm...

Continue Reading...

Category : Corporate Law | Comments : 0 | Hits : 264

High Level Committee Constituted on Corporate Social Responsibility
Posted Date : 28-Sep-2018 , 10:51:53 pm | Posted By CASANSAAR

A High Level Committee on Corporate Social Responsibility – 2018 (HLC-2018) has been constituted under the Chairmanship of Shri. Injeti Srinivas, Secretary, Ministry of Corporate Affairs (MCA) to review the existing framework and guide and formulate the roadmap for a coherent policy on Corpora...

Continue Reading...

Category : Corporate Law | Comments : 0 | Hits : 733

MCA extended last date for rendering Valuation Services upto 31st Jan 2019
Posted Date : 26-Sep-2018 , 09:48:45 pm | Posted By CASANSAAR

Ministry of Corporate Affairs has extended the last date for rendering the Valuation services without a Certificate of Registration under the Companies Act 2013 till 31st January, 2019. After 31st January 2019 only registered valuers under IBBI will do the Valuation. Prior to amendment the las...

Continue Reading...

Category : Corporate Law | Comments : 0 | Hits : 515

Govt plans exam for individuals looking to become independent directors
Posted Date : 03-Sep-2018 , 12:34:30 pm | Posted By CASANSAAR

The government plans to have examinations for individuals who want to become independent directors as part of bolstering the corporate governance framework, according to Union Minister P P Chaudhary. While there are stringent provisions under the Companies Act, 2013 to ensure good governance standar...

Continue Reading...

Category : Corporate Law | Comments : 0 | Hits : 1398

Govt panel suggests ways to curb shell companies, de-clog NCLT
Posted Date : 28-Aug-2018 , 08:29:32 am | Posted By CASANSAAR

A Government committee has recommended companies to declare commencement of business in order to curb shell companies. It has also suggested capping independent directors’ remuneration. The report also touches upon certain essential elements related to corporate governance such as declarati...

Continue Reading...

Category : Corporate Law | Comments : 0 | Hits : 443

Tata Sons cannot force Cyrus Mistry to sell his shares - NCLAT
Posted Date : 24-Aug-2018 , 04:21:58 pm | Posted By CASANSAAR

In a partial relief to Cyrus Mistry, the National Company Law Appellate Tribunal (NCLAT) on Friday stated that Tata Sons cannot force him to sell his shares. However, the two-judge bench headed by Justice S.J. Mukhopadhyaya, declined Mistry's appeal to stay the conversion of Tata Sons into a pri...

Continue Reading...

Category : Corporate Law | Comments : 0 | Hits : 481

2,25,910 companies under scanner of MCA for not filing returns
Posted Date : 03-Aug-2018 , 10:24:31 pm | Posted By CASANSAAR

  Union Minister of State for Law & Justice and Corporate Affairs Shri P.P. Chaudhary said in Lok Sabha today that during financial year 2018-19, a total of 2,25,910 companies have been identified for action under Section 248 of the Act on the basis of non- filing of due returns for...

Continue Reading...

Category : Corporate Law | Comments : 0 | Hits : 257

NCLT allows merger of LLP, Private Companies
Posted Date : 31-Jul-2018 , 09:35:14 am | Posted By CASANSAAR

In what could kick off a new wave of mergers and acquisitions and open a new frontier in the resolution space, Chennai National Company Law Tribunal has given the green signal to merger of a Limited Liability Partnership with a private company.  The move, experts say, sets a distinct precede...

Continue Reading...

Category : Corporate Law | Comments : 0 | Hits : 481

NCLAT stays voting by Bhushan Power & Steel lenders on finalising bids
Posted Date : 18-Jul-2018 , 07:57:37 am | Posted By CASANSAAR

The NCLAT today stayed the meeting of Committee of Creditors (CoC) of Bhushan Power and Steel Ltd to vote on finalisation of bids of the debt-ridden firm. The National Company Law Appellate Tribunal (NCLAT) also pulled up the Resolution Professional (RP) of the company, Mahendra Kumar Khandelwal,...

Continue Reading...

Category : Corporate Law | Comments : 0 | Hits : 412

Govt seeks applications for NFRA Chairperson, Members posts
Posted Date : 31-May-2018 , 07:38:32 am | Posted By CASANSAAR

The government sought applications for the posts of chairperson and three full-time members of the National Financial Reporting Authority (NFRA).  In March, the Cabinet approved setting up of the NFRA, which would be an independent regulator for the auditing profession. The same month, the C...

Continue Reading...

Category : Corporate Law | Comments : 0 | Hits : 781

Employers can validate e-challan offline with new tool - EPFO
Posted Date : 28-Apr-2018 , 07:08:13 am | Posted By CASANSAAR

Retirement fund body EPFO today said it has provided an offline tool for employers for validating the ECR or EPF return (electronic challan cum return) before uploading it at the unified portal. "In order to assist the employer to create the correct ECR file every month, EPFO has provided an...

Continue Reading...

Category : Corporate Law | Comments : 0 | Hits : 2074

NCLAT stays CCI penalty of Rs 136 Cr on Google in search bias case
Posted Date : 28-Apr-2018 , 07:03:17 am | Posted By CASANSAAR

The National Company Law Appellate Tribunal (NCLAT) today stayed an order of the Competition Commission that imposed a penalty of Rs 136 crore on Google for unfair business practices in online search market. While admitting the plea of Google against the order, the NCLAT bench headed by Chairman ...

Continue Reading...

Category : Corporate Law | Comments : 0 | Hits : 1999

Rendering of Valuation Services without a Certificate of Registration till 30th Sept 2018
Posted Date : 03-Apr-2018 , 09:45:45 am | Posted By CASANSAAR

In exercise of the powers conferred by section 247 read with sections 458, 459 and 469 of the Companies Act, 2013 (18 of 2013), the Central Government, vide Gazette Notification dated 18th October, 2017, published the Companies (Registered Valuers and Valuation) Rules, 2017 (hereafter ‘Rules&r...

Continue Reading...

Category : Corporate Law | Comments : 0 | Hits : 529

Govt to introduce Fugitive Economic offenders Bill and Chit Funds (Amendment) Bill in Lok Sabha
Posted Date : 11-Mar-2018 , 09:40:11 pm | Posted By CASANSAAR

The Chit Funds (Amendment) Bill and The Fugitive Economic Offenders Bill are scheduled to be introduced in the Lok Sabha on Monday.  AIR correspondent reports, last month, the Cabinet had given its approval to introduce the Chit Funds (Amendment) Bill in Parliament.  The amendment ha...

Continue Reading...

Category : Corporate Law | Comments : 0 | Hits : 299

Bill to amend Payment of Gratuity Act provisions
Posted Date : 18-Dec-2017 , 09:48:01 pm | Posted By CASANSAAR

The government on Monday introduced a bill in the Lok Sabha that will allow it to notify the period of maternity leave and gratuity that can be availed by employees under a central law. The Payment of Gratuity (Amendment) Bill, 2017 was introduced by Labour Minister Santosh Kumar Gangwar in the H...

Continue Reading...

Category : Corporate Law | Comments : 0 | Hits : 336

Online petition against FRDI Bill gets thousands of signups
Posted Date : 07-Dec-2017 , 07:20:16 pm | Posted By CASANSAAR

 An online petition against the bail-in provision in the FRDI bill has got thousands of signatures even as the finance ministry said that the proposal, under consideration of a joint parliamentary committee, is depositor friendly and provides more protection. An online petition on Change.org...

Continue Reading...

Category : Corporate Law | Comments : 0 | Hits : 690

Ordinance to amend the Insolvency and Bankruptcy Code, 2016 promulgated
Posted Date : 23-Nov-2017 , 06:40:13 pm | Posted By CASANSAAR

  The Government of India promulgated today the Ordinance to amend the Insolvency and Bankruptcy Code, 2016 (the Code). Earlier the President of India had given his assent to the Ordinance to amend the Code. The Ordinance aims at putting in place safeguards to prevent unscrupulous, undesi...

Continue Reading...

Category : Corporate Law | Comments : 0 | Hits : 339

Govt sets up 14-member panel to identify issues in Insolvency law
Posted Date : 22-Nov-2017 , 09:35:40 am | Posted By CASANSAAR

With rising number of cases under the Insolvency and Bankruptcy Code, the government has set up a 14-member panel to identify and suggest ways to address issues faced in implementation of the law. The Insolvency Law Committee, chaired by Corporate Affairs Secretary Injeti Srinivas, would take sto...

Continue Reading...

Category : Corporate Law | Comments : 0 | Hits : 479

Shell companies' directors siphoning off funds may face up to 10-year jail
Posted Date : 06-Sep-2017 , 11:46:47 am | Posted By CASANSAAR

The government today said directors or authorised signatories of deregistered companies who try to siphon off money from the firms' bank accounts can face up to 10 years imprisonment.  Besides, the directors of shell companies that have not filed their returns for three or more years wou...

Continue Reading...

Category : Corporate Law | Comments : 0 | Hits : 1033

Govt blocks bank accounts of 200,000 dormant companies
Posted Date : 06-Sep-2017 , 10:16:07 pm | Posted By CASANSAAR

The finance ministry on Tuesday restricted directors of around 200,000 dormant companies struck off official records from accessing their firms’ bank accounts. The move is a precautionary measure aimed at preventing misuse of the bank accounts, said a finance ministry official who spoke on ...

Continue Reading...

Category : Corporate Law | Comments : 0 | Hits : 308

Cabinet approves proposal to introduce the Financial Resolution and Deposit Insurance Bill 2017
Posted Date : 14-Jun-2017 , 09:06:58 pm | Posted By CASANSAAR

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the proposal to introduce a Financial Resolution and Deposit Insurance Bill, 2017. The Bill would provide for a comprehensive resolution framework for specified financial sector entities to deal with bankruptcy situation...

Continue Reading...

Category : Corporate Law | Comments : 0 | Hits : 201

Supreme Court refuses to intervene in Whistleblower law
Posted Date : 13-Jan-2017 , 08:12:30 am | Posted By CASANSAAR

The Supreme Court today refused to intervene in the legislative process on the amendments to the law on Whistleblower's Protection Act 2011. The apex court said Parliament is seized of the matter and by asking the legislature about the proposed amendments, it cannot breach the limit.  Re...

Continue Reading...

Category : Corporate Law | Comments : 0 | Hits : 582

Bankruptcy and Insolvency Code will drive creation of a new debt market
Posted Date : 12-Jan-2017 , 10:23:07 pm | Posted By CASANSAAR

The Bankruptcy and Insolvency Code will drive growth of debt market in India, which hardly exists in corporate and business financing, Dr. MS Sahoo, Chairman, Bankruptcy Board of India told Fe. While the country has a matured and bullish equity market, the debt market in India was yet to develop. Th...

Continue Reading...

Category : Corporate Law | Comments : 0 | Hits : 235

News By Categories

More Categories

Search News

 
 
 

www.casansaar.com
...keeps you updated

Home

  |  News

  |  Articles

  |  Discussion

  |  CA Firms

 |  Members

 |  CA Community

 |  Jobs

 |  GST Calculator

 |  Empanelment

 |  Files

 |  Matrimonial

 |  Students zone

 |  Queries

 |  Classified Ads

 |  Events

 |  About us

 |   Top Members

 |  Coaching Centres

  | Testimonials

 | Judiciary

 | Notifications/Circulars

 | Book

 | eDirectory

 | Interview

 | Website

 | Emails

 | Software

 |  Score Board

 |   Press Release  

 |   Blood Bank  

  |   Opinion Poll  

  |   Feedback
 |   Advertise us

 |   Terms & Conditions

 |   Contact us
 |   Blog

  |   Sitemap

  |   Income Tax

  |   Auditing

  |   Bank

  |   Bank branch audit

  |   Banking

  |   Black Money

  |   CA

  |   CA Announcement

  |   TDS

  |   Students Zone

  |   Custom

  |   VAT

  |   Service Tax

  |   Corporate Law

  |   General

  |   Excise

  |   SEBI

  |   Finance

  |   GST

  |   ICAI

  |   FEMA

  |   ICWAI

  |   ICSI

  |   DGFT

  |   RBI

  |   IFRS

  |   CAG

  |   Budget

  |   Merger & Acquisitions

  |   International Business

  |   Shares & Stock

  |   Excel Tips

  |   International Taxation

  |   ITR

  |   Chartered Accountant

  |   Tax Audit

  |   Companies Act

  |   Money Laundering

  |   MCA

  |   Income Tax Refund

  |   NPA

  |   Income tax software

  |   CST

  |   CA Exams

  |   CA Results

  |   CBDT

  |   Accounting Standards

  |   DIN

  |   Judical Announcement

  |   MDP

  |   PAN

  |   Whats App

  |   Secretarial Standards

  |   NGO

  |   CA Convocation

  |   Finance Bill

  |   ICAI Notification

  |   CARO

  |   COMPANIES SECRETARY

  |   Accounts

Follow Us : Twitter Icon Facebook Icon Orkut Icon Linkedin Icon Linkedin Icon

CASANSAAR Updates

Developed By: CASANSAAR Copyright © casansaar

Top Accounting Firms,CA COMMUNITY,CA SANSAAR,Chartered Accountant,Ca Networking Firms,Partner Portal,Ca Assignments,CA,Online Communities For Chartered Accountant,Circle For Ca,CS,CMA and FINANCE,Articles By CA / CS / CMA,accounting news articles,Ca Firms In Delhi,CA ANNOUNCEMENT

accounting jobs,article trainees,best website creator,empanelment,income tax slab, ITR, TDS Chart,budget of india 2014-15,gst,auditing,Income tax,students zone,cpt,community matrimony for ca,Classified Ads,Community Matrimony For Ca,Students Zone,Coaching Classes,Company Secretary,Cost Accountant,Judiciary.