New Delhi [India], August 27 (ANI): The Committee, constituted by Government of India in July 2018 to review the existing framework dealing with offences under the Companies Act, 2013 and related matters and make recommendations to promote better corporate compliance, has submitted its fi
New Delhi [India], Apr 18 (ANI): Bharatiya Janata Party (BJP) leader Ashwini Upadhyay on Wednesday filed a petition in the Supreme Court seeking direction that conviction under the Prevention of Corruption Act, 1988, Prevention of Money Laundering Act, 2002, Foreign Contribution (Regulation)
New Delhi [India], Feb 22 (ANI): The government is considering implementing stringent auditing standards by notifying Section 132 of the Companies Act, 2013, in the wake of the 1.77 billion dollar Punjab National Bank (PNB) fraud.
New Delhi [India] ,Oct 3 (ANI): In another crackdown on shell companies, Ministry of Corporate Affairs (MCA) has disqualified more than two lakh directors of shell companies within a span of 15 days, for not filing their financial statements or annual returns for two straight years, violatin
New Delhi [India], Nov 21 (ANI-BusinessWireIndia): The new Companies Act, 2013, now requires auditors to also opine on whether a company has an adequate internal financial controls (IFC) system in place and the operating effectiveness of such controls. This is in addition to the existing aud
Mumbai (Maharashtra) [India], Oct. 27 (ANI): With the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) seeking clarification from various listed companies of Tata Group about purported disclosure by ousted chairman Cyrus Mistry about 18-billion dollar possible write-down at thes
New Delhi, July 20 (ANI): The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the incorporation of Sagarmala Development Company (SDC) under the Companies Act, 2013.