Search For "companies act"
Bill to amend Companies Act introduced in Lok Sabha
Updated : 6 years, 10 months ago IST
New Delhi, July 25 (ANI): A bill was introduced in the Lok Sabha that seeks to amend the Companies Act of 2013 to ensure better compliance levels and to re-categorise some of the compoundable offences as civil defaults.
Read More
Cabinet approves bill to amend Companies Act, 2013
Updated : 6 years, 10 months ago IST
New Delhi [India], July 17 (ANI): The Union Cabinet on Wednesday approved a bill to amend the Companies Act, 2013 to ensure better compliance levels and re-categorise some of the compoundable offences as civil defaults.
Read More
Action taken against 271 companies in last three years to safeguard invest
Updated : 6 years, 11 months ago IST
New Delhi [India], June 24 (ANI): Union Finance Minister Nirmala Sitharaman on Monday stated that action has been initiated against 95 companies in 2016-17, 101 companies in 2017-18 and 75 companies in 2018-19 under various provisions of the Companies Act in order to redress investors 'griev
Read More
President promulgates four Ordinances including one criminalising practice
Updated : 7 years, 3 months ago IST
New Delhi [India], Feb 21 (ANI): President Ram Nath Kovind on Thursday promulgated four Ordinances including the Muslim Women (Protection of Rights on Marriage) Second Ordinance, 2019, which declares “the practice of triple talaq to be void and illegal and also to make it an offence
Read More
Centre promulgates ordinance to amend Companies Act
Updated : 7 years, 6 months ago IST
New Delhi [India], Nov 02 (ANI): The Centre on Friday promulgated an ordinance to amend the Companies Act of 2013.
Read More
Committee to review offences under Companies Act 2013 submits final report
Updated : 7 years, 8 months ago IST
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
Read More
NCLT rejects Cyrus Mistry's petition against Tata Sons
Updated : 7 years, 10 months ago IST
Mumbai (Maharashtra) [India], July 9 (ANI): The National Company Law Tribunal (NCLT) on Monday rejected former Tata Group chief Cyrus Mistry's petition against Tata Sons.
Read More
BJP leader moves SC seeking direction over conviction in corruption cases
Updated : 8 years, 1 month ago IST
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)
Read More
199 companies penalised over non-compliance with CSR norms
Updated : 8 years, 2 months ago IST
New Delhi [India], Mar. 6 (ANI): The Centre has accorded permission for initiating penal action against 199 companies for non-compliance of norms earmarked for fulfilling Corporate Social Responsibility (CSR), Minister of State (MoS) for Corporate Affairs, Law and Justice, P.P. Chaudhary sai
Read More
'NFRA authorised to impose penalties on audit firms'
Updated : 8 years, 2 months ago IST
New Delhi [India], Mar. 6 (ANI): The Centre on Tuesday stated that the National Financial Reporting Authority (NFRA), to be set up for overseeing auditing standards, will have the power to penalise audit firms for any malpractice identified.
Read More
Centre to crackdown on erring auditors
Updated : 8 years, 2 months ago IST
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.
Read More
Indian Rail Fin Corp can now raise additional debt
Updated : 8 years, 3 months ago IST
New Delhi [India], Feb 7 (ANI): Indian Railway Finance Corporation (IRFC) can now raise additional debt of more than Rs 63,000 crore rupees, following the government exemption from the ambit of an Indian Accounting Standard, pertaining to deferred tax liability.
Read More