Measures to Check the Incidents of Vanishing Companies
Presently, there are 87 companies falling under the category, Vanishing Companies. Giving this information in written reply to a question in the Lok Sabha, Shri Sachin Pilot, Minister of Corporate Affairs, said that the FIRs have been lodged against all 87 companies and their Directors to trace their whereabouts and also to take action under… Read More
Tags: Companies Act, Corporate Affairs Ministry, Indian Penal Code, Lok Sabha, Ministry, Public company, Sachin Pilot, The Companies Act 1956
MCA in the process of Developing an Early Warning System to Identify Early Signs of Frauds
The Ministry of Corporate Affairs is in the process of developing an early warning system to identify early signs of frauds including potential frauds. Giving this information in written reply to a question in the Rajya Sabha today, Shri Sachin Pilot, Minister of Corporate Affairs, said that Pilot testing of the proposed system is expected… Read More
Tags: Dominica, Fraud, Government, India, Indian Penal Code, Ministry of Corporate Affairs, Rajya Sabha, Warning system
Government to go in for a Stand-Alone Central Legislation to Curb any Dishonest Activity in Sports
The Government is in the process of framing a Stand-alone Central legislation to check any activity of dishonest practice, match fixing/ spot fixing in sporting events. Announcing this while addressing the Media here today, Shri Kapil Sibal, Minister of Law & Justice, said that this process has been initiated as the Attorney General for India… Read More
Tags: Arun Jaitley, Cricket Association of Bengal, Gambling, India, Indian Penal Code, Kapil Sibal, Sport, Spot-fixing
Corporation Criminal Liability – An Indian Perspective
Criminal Liability of Corporation: An Indian Perspective Manjeet Kumar Sahu Abstract Current Supreme Court™s decision have made the stand apparently clear in India that the Corporation can be prosecuted as a separate legal entity even in the offences where the punishment is imprisonment. This Article explains the present status of India on Corporate Criminal Liability… Read More
Tags: Crime, Glanville Williams, India, Indian Penal Code, Indian Supreme Court, Maharashtra, Standard Chartered, Supreme Court, Supreme Court of India, TADA