Bill | Corporate Law Reporter

Grievances Related to Family Pension

As on 23.08.2013, no grievance relating to non-payment of arrears of family pension which are registered in System in pending at CPAO level. As per information available with the Central Pension Accounting Office (CPAO), during the period from 25.03.2011 to 22.08.2013, 541 numbers of grievances relating to family pension were registered with CPAO. Out of… Read More

Tags: Arrears, Bill, FeedBurner, Financial services, Grievance, LokSabha, Pension, Shri Namo Narain Meena

Food Security Bill gets Loksabha Nod

States Foodgrain Entitlements to be Protected Legally ; Definition of Meal Changed to Avoid Package Food ; States to get one year for Implementation of the Bill ; States to be Consulted for Making Rules to Carry out Provisions of Bill ; The National Food Security Bill, a historic initiative for ensuring food and nutritional security to the… Read More

Tags: Antyodaya Anna Yojana, Bill, Central Government, Food security, Law, LokSabha, Public Distribution System, United States

Food Security Bill to Provide Minimum Support Price to more Farmers

In the wake of the increased requirement of foodgrains for implementation of the proposed Food Security Act, procurement operations will be further extended and more farmers will get the benefits of MSP operations. Foodgrain requirement for the implementation of the bill is estimated 614.3 lakh tonnes as against the existing requirement of 563.7 lakh tonnes… Read More

Tags: Bill, Food, Food security, Food Security Act, Household, Panchayati raj, Public Distribution System, Rupee

Spending on Corporate Social Responsibility by Companies

There is no provision for Corporate Social Responsibility (CSR) spending by companies in the present company law i.e. Companies Act, 1956. However, the new Companies Bill, 2012 has a provision of CSR under Clause 135 which states that every company having net worth of Rs. 500 crore or more, or turnover of Rs. 1000 crore… Read More

Tags: Bill, corporate social responsibility, CSR, Lok Sabha, Ministry of Corporate Affairs, Net profit, Sachin Pilot, The Companies Act 1956

Food Security Bill Focuses on Nutritional Needs of Pregnant Women and Children

The Government promulgated the National Food Security Ordinance on 5.7.2013. Subsequently, the National Food Security Bill (NFSB), 2013 has been introduced in the Lok Sabha on 7.8.2013 to replace the Ordinance,. As per the Bill, 75% of the rural and 50% of the urban population, at the all India level, will be entitled to receive subsidised foodgrains under Targeted Public… Read More

Tags: Bill, Central Government, Food security, Government of India, India, LokSabha, Public Distribution System, State

Clarification about Applicability of the Companies Bill, 2013 for Company Secretaries December, 2013 Examination

Students appearing in the ˜Company Law™ paper of ˜Executive Programme™) and Company Secretarial Practice paper of the ˜Professional Programme™ respectively may take note of the following changes applicable for December 2013 Examination: 1. Highlights of the Companies Bill, 2012 as passed by the Parliament on 8th August, 2013 will be applicable under the topics Historical Development… Read More

Tags: Bill, Company, CompanySecretary, Corporate Affairs Ministry, Corporate law, corporate social responsibility, Historical Development of Concept of Corporate Law, India

Real Estate (Regulation and Development) Bill, 2013 Introduced in Rajya Sabha

The Real Estate (Regulation and Development) Bill, 2013, as approved by the Union Cabinet in its meeting on 4th June 2013, was introduced in the Rajya Sabha today . The Bill has been piloted by Dr. (Ms) Girija Vyas, Minister of Housing and Urban Poverty Alleviation . Soon after its introduction, the Bill was referred to the Parliamentary Standing Committee on Urban Development… Read More

Tags: Bill, Cabinet of India, Estate agent, Girija Vyas, Rajya Sabha, Real Estate, Real Estate Regulatory Authority, Regulation

M&A – At the Onset of Companies Bill

Mergers and Acquisitions have been governed by a large number of individual laws in India. However, the Companies Act, 1956 is the prime regulator of companies when it comes to its legal framework and is guiding the reconstruction of Indian companies over 50 years from now. Since then there has been a substantive growth in… Read More

Tags: Bill, Business, Companies Act, Corporate law, India, Mergers and acquisitions, NCLT, Shareholder, The Companies Act 1956

Parliament Passes the Historic Companies Bill 2012

The Parliament has passed the historic Companies Bill 2012, moved by Shri Sachin Pilot, Minister of Corporate Affairs. The Bill was passed by the Rajya Sabha here today which had already been passed by the Lok Sabha many months ago (in December 2012). Shri Pilot has termed it as a historic day for the country as… Read More

Tags: Audit Committee, Bill, Corporate Governance, corporate social responsibility, India, Lok Sabha, Rajya Sabha, Sachin Pilot

Amendments to the Registration Act, 1908 tabled before Parliament

The Registration (Amendment) Bill, 2013 I. Salient Features The key amendments proposed are: At present Book 4, i.e. the ˜Miscellaneous Register™ -which contains details of all registered documents (except Wills) -is not open for access by the general public. This Book 4 is proposed to be made open to inspection by the public to ensure greater… Read More

Tags: Amendment, Bill, Constitutional amendment, Land registration, Power of attorney, Registration Act, United States, will

Food Security Replacement Bill Introduced in Lok Sabha

Union Consumer Affairs, Food and Public Distribution Minister, Shri K.V.Thomas today introduced National Food Security Bill in Loksabha today to replace the National Food Security Ordinance, 2013 which was promulgated on 5th July, 2013. The National Food Security Bill is a historic initiative for ensuring food and nutritional security to the people. It gives right to the people to receive… Read More

Tags: Bill, Central Government, Food security, Government of India, India, LokSabha, National Food Security Bill, PDS

Food Security Ordinance – A statement

Union Consumer Affairs, Food and Public Distribution Minister, Shri K.V.Thomas today made a statement regarding the Food Security Ordinance in Lok Sabha. Following is the statement. In June, 2009, the Central Government made a commitment to enact a new law to provide a statutory basis for food security of the people. Accordingly, the National Food… Read More

Tags: Bill, Food security, Government, India, Lok Sabha, Manmohan Singh, Palace of Westminster, Standing Committee

The National Food Security Ordinance Highlights

The National Food Security Ordinance is a historic initiative for ensuring food and nutritional security to the people. It gives right to the people to receive adequate quantity of foodgrains at affordable prices. The Food Security Bill has special focus on the needs of poorest of the poor, women and children. In case of non-supply of foodgrains now people will get… Read More

Tags: Bill, Central Government, Food security, Food Security Bill, Government of India, India, PDS, Public Distribution System