Company Law - Corporate Law Reporter

Public search of Trademark now available on MCA21

In order to provide enhanced services to its stakeholders, MCA in a joined up service with the Trademark department has provided a facility for searching the trademark database before applying for Name availability. One can now use the link 'Public Search of Trademark' available on the MCA21 portal before applying for a company name to… Read More

Salient features of newly drafted National Competition Policy

Government had constituted a Committee for drafting the National Competition Policy with a view to achieve highest sustainable levels of economic growth, entrepreneurship, employment, higher standards of living for citizens, protect economic rights for just, equitable, inclusive and sustainable economic and social development, promote economic democracy and support good governance by restricting rent seeking practices.… Read More

MCA – Use of Digital Signatures on MCA now require JDK 1.6 version

All users using below mentioned services on MCA21 are required to download JDK 1.6 updated version 30 from the following link : Any user logging on MCA21 using a DSC Any existing user registering/updating a DSC Any new user registering using a DSC Click the following link to download the same : http://www.oracle.com/technetwork/java/javase/downloads/jdk-6u30-download-1377139.html… Read More

Manner of increasing minimum public shareholding to comply with Securities Contracts Regulation (Rules), 1957

PR No. 2/2012 SEBI Board Meeting The SEBI Board met today and took the following decisions: 1. Manner of increasing minimum public shareholding to comply with Securities Contracts Regulation (Rules), 1957 The following additional methods viz. Institutional Placement Programme (IPP) and Offer for Sale of Shares through the stock exchange for the purpose of compliance with… Read More

SEBI-Changes in Re-investment period of FII debt limit

CIR/IMD/FIIC/1/2012 To All Foreign Institutional Investors through their designated Custodians of Securities Dear Sir/Madam Sub: Changes in Re-investment period of FII debt limit 1. Please refer to para 2 of SEBI circular Cir No. IMD/FII&C/30/2008 dated July 04, 2008 and para 6 of circular CIR/IMD/FIIC/18 /2010 dated November 26, 2010, relating to facility provided for FIIs for… Read More

The Companies (Accounting Standards) Amendment Rules,2011

Government of India Ministry of Corporate Affairs Notification New Delhi GSR: -In exercise of the powers conferred by clause (a) of sub-section (1) of the Section 642 read with sub-section (1) of Section 210A and sub-section (3C) of Section 211 of the Companies Act, 1956 (1 of 1956), the central government in consultation with the… Read More

The Companies (Accounting Standards) (Second Amendment) Rules,2011

Government of India Ministry of Corporate Affairs Notification New Delhi GSR: -In exercise of the powers conferred by clause (a) of sub-section (1) of the Section 642 read with sub-section (1) of Section 210A and sub-section (3C) of Section 211 of the Companies Act, 1956 (1 of 1956), the central government in consultation with the… Read More

General Circular No. 72/2011-Further Clarification regarding participation by Shareholders or Directors in meetings under the companies Act, 1956 through electronic mode – authorization regarding e-voting

General Circular No. 72/2011 No. 17/95/2011-CL-V Government of India Ministry of Corporate Affairs 5th floor, ˜A™ Wing, Shastri Bhawan, Dr. Rajendra Prasad Road, New Delhi Dated 27.12.2011 To All the Regional Directors. All the Registrar of Companies. Sub.: - Green Initiatives in Corporate Governance Further Clarification regarding participation by Shareholders or… Read More

Convening Shareholder meetings through Video conferencing made optional for Listed Companies

General Circular No. 35/2011 issued on 6th June, 2011 provided the following provisions with respect to Video Conferencing of Shareholders' meetings. (ii) In respect of shareholders meetings to be held during financial year 2011-12, video conferencing facility for shareholders is optional. Thereafter, it is mandatory for all listed companies. (v) In the case of e-voting… Read More

Public Search of Trademark before Incorporation of Company made online – MCA

"In order to provide enhanced services to its stakeholders, MCA in a joined up service with the Trademark department has provided a facility for searching the trademark database before applying for Name availability. You can now use the link 'Public Search of Trade Marks' http://124.124.193.245/tmrpublicsearch/frmmain.aspx, which is also available on the MCA21 portal before… Read More

Govt. withdraws Companies Bill 2011

The government withdrew the Companies Bill and Pension Fund Regulatory and Development Authority Bill on Wednesday after the BJP opposed the first and coalition ally Trinamool Congress withdrew its support for the other. The BJP leaders also argued that since the government had consulted other stakeholders after the standing committee gave its report on the Companies Bill in August 2010, it… Read More

Corrigenda to the Companies Bill 2011

Download the Corrigenda to the Companies Bill 2011 as presented to the Parliament Related Link: Companies Bill 2011. Read More

CA, CS and CWA Acts amended to take into account LLPs

The Company Secretaries (Amendment) Bill, 2010 dealing with the amendments arising out of the Limited Liability Partnership Act, 2008 as discussed and approved by Rajya Sabha on 12th December, 2011 was introduced and passed in Lok Sabha on 19th December, 2011 along with the Chartered Accountants (Amendment) Bill, 2010 and Cost and Works Accountants (Amendment)… Read More