Companies Act

Govt extends deadline for giving comments on Cos Act rules

Government Wednesday extended the deadline for giving comments on the third and fourth tranches of draft rules for the new Companies Act to November 10.

Nov 06, 2013, 21:46 PM IST

Govt extends feedback deadline on NFRA draft norms

The Corporate Affairs Ministry has extended the deadline for suggestions and comments till November 5 from earlier date of November 1.

Oct 23, 2013, 14:58 PM IST

NFRA to get powers to investigate companies, audit firms

The National Financial Reporting Authority (NFRA), the proposed apex body for accounting and auditing standards, will have powers to probe and review audits of companies, including those which have securities listed outside India.

Oct 22, 2013, 21:52 PM IST

Companies Act: MCA, SEBI officials to meet on Oct 24

Officials of the Ministry of Corporate Affairs (MCA) and capital market watchdog SEBI will hold discussions this week on bringing regulations for listed firms in line with provisions of the new Companies Act.

Oct 20, 2013, 12:54 PM IST

'CSR to make available 50,000 more jobs in the sector'

Compulsory corporate social responsibility is likely to increase the demand for professionals in this field by as much as 50 percent in the coming years and the industry is likely to see at least 50,000 more job opportunities in the CSR sector, experts say.

Oct 13, 2013, 13:45 PM IST

Individual barred from registering more than 5 one-person cos

Interestingly, the setting up of OPCs are also subject to certain conditions unlike other class of companies.

Oct 06, 2013, 18:39 PM IST

SEBI mulls new norms for CEO pay, whistleblower policy

In a major overhaul of corporate governance norms, SEBI will soon put in place stringent checks against unjustifiable CEO salaries at listed companies and ask them to adopt a whistle-blower policy to protect the employees exposing any wrongdoings by the top management.

Sep 22, 2013, 15:21 PM IST

Govt releases second set of draft rules for new Companies Act

The Companies Act, 2013, has 470 sections spread across 29 chapters.

Sep 20, 2013, 15:43 PM IST

Govt notifies 98 sections of new Companies Act

The new Companies Act, which has replaced a nearly six- decade old legislation, seeks to revamp the entire gamut of the way corporates function and are regulated in India.

Sep 12, 2013, 22:18 PM IST

'Draft rules of Cos law provide clarity on auditor rotation'

Government Monday issued the first tranche of draft rules, covering 16 chapters of the Companies Act, 2013, which overhauls regulations that govern corporates in the country.

Sep 09, 2013, 21:12 PM IST

Govt releases draft rules for new Companies Act

The new legislation, that replaces the Companies Act, 1956, was approved by Parliament last month.

Sep 09, 2013, 13:53 PM IST

'New cos bill likely to get Presidential assent in few days'

The much-awaited Companies Bill was approved by the Rajya Sabha on August 8. The legislation had received the Lok Sabha nod in December last year.

Aug 22, 2013, 20:44 PM IST

SFIO probing 63 chit fund cos for Companies Act violations

The Corporate Affairs Ministry, under which SFIO functions, looks into violations of Companies Act by firms.

Aug 08, 2013, 18:30 PM IST

One-third of over 13 lakh registered cos in India inactive

The country might have more than 13 lakh registered companies but over one-third of them are either inactive or closed.

Aug 04, 2013, 18:06 PM IST

Govt to regulate foreign cos having online ops in India

The move comes against the backdrop of certain foreign entities conducting online activities in India without getting themselves registered in the country.

Mar 21, 2013, 18:22 PM IST

SpiceJet gets show-cause notice for Companies Act violations

Chennai-based low-cost airline SpiceJet has been sent a show-cause notice for alleged violation of provisions of the Companies Act.

Jan 17, 2013, 22:01 PM IST

Cabinet gives green signal to revised Companies Bill

Looking to better serve the interests of all stakeholders, the government Thursday approved amendments to Companies Bill 2011, including changes related to spending on CSR activities.

Oct 04, 2012, 22:11 PM IST

About 19.3% of registered cos have shut business, says govt

As of March 31, 2012, a total of 1,215,306 companies are registered with the Registrar of Companies (RoCs) under the Companies Act, 1956.

May 21, 2012, 19:30 PM IST

Prosecution filed against Sesa Goa for violation of Cos Act

The government Thursday informed Parliament that it has initiated prosecution proceedings against Vedanta Resources-owned Sesa Goa for violation of certain provisions of the Companies Act.

May 03, 2012, 20:17 PM IST

846 cases of non-compliance of reporting norms against cos

The Ministry of Corporate Affairs has registered 846 cases of prosecution against various companies for non-compliance of reporting norms under the Companies Act in the last three years.

Apr 30, 2012, 21:40 PM IST