Lok Sabha passes Companies Act amendment Bill

Last Updated: Wednesday, December 17, 2014, 16:12

The Lok Sabha on Wednesday passed the Companies amendment Bill, 2014, which provides for severe punishment for those raising illegal deposits from the public.

FM pushes for changes in Companies Act for ease of doing business

Last Updated: Wednesday, December 17, 2014, 15:58

Corporate Affairs Minister Arun Jaitley on Wednesday pushed for changes in the Companies amendment bill, 2014 to improve business climate in the country.

Companies Act needs changes to improve biz climate: Jaitley

Last Updated: Tuesday, December 16, 2014, 20:16

The 14 proposed amendments include provision to ensure that frauds beyond a certain threshold would need to be mandatorily reported by the auditors to the government.

Over 9,000 new cases against cos with RoCs in 2013-14

Last Updated: Tuesday, December 16, 2014, 19:45

The Committee in its report noted that the number of cases pending with the RoCs stood 49,500, as on April 1, 2013.

Company registrations decline by half in Apr-Aug 2014

Last Updated: Tuesday, December 9, 2014, 16:32

According to Minister of Corporate Affairs Arun Jaitley, the decline in registration of companies in the current fiscal was not due to compliance issues under the Companies Act 2013.

Governance practices improving in India Inc: Grant Thornton

Last Updated: Monday, December 8, 2014, 16:26

Corporate governance practices across the top 150 companies in the country have improved, but the female representation on board of companies is still skewed.

Maruti defers seeking shareholders' nod for Gujarat plant

Last Updated: Sunday, December 7, 2014, 12:47

Having run into troubles with institutional investors over its Gujarat plant transfer to parent Suzuki, car maker Maruti now wants to seek approval of minority shareholders after a proposed relaxation comes into effect in the Companies Act.

More than 900 one-person companies come up in seven months

Last Updated: Sunday, December 7, 2014, 12:13

India has seen setting up of over 900 one-person companies, with more than half in the business services segment, in the seven months since April 1 when norms for establishing such entities came into force.

Cabinet clears changes to Companies Act for ease of doing biz

Last Updated: Tuesday, December 2, 2014, 22:26

Within months of the new Companies Act coming into force, the government on Tuesday cleared a slew of changes to this law to make it easier for corporates to do business and to ensure severe punishment for those raising illegal deposits from the public.

SC seeks Centre's response of plea against new Companies Act

Last Updated: Monday, January 13, 2014, 20:18

The Supreme Court Monday sought the Centre's response on a petition seeking to declare as ultra vires of the Constitution some of the provisions of the new Companies Act that aims to create the National Company Law Tribunal (NCLT) and the Appellate Tribunal.

Law making, fraud fighting make 2013 a watershed year for MCA

Last Updated: Tuesday, December 31, 2013, 15:17

Strengthening its efforts, the Ministry is now working on early fraud warning mechanism as well as on having a robust data dissemination system.

India Inc happy with new laws in 2013; expects further reforms

Last Updated: Thursday, December 26, 2013, 12:32

The Indian industry was pleased with the government pushing through key legislations on Land Acquisition, Lokpal and Companies Act in 2013 and expects that the much awaited ones, including the GST, DTC and Insurance Bills to pass the muster soon.