Company Law - Corporate Law Reporter

Process of Removal of Director under Companies Act, 2013

Power to remove directors has always been bestowed on shareholders, as we all know that at the end of the day, directors are answerable to shareholders. Nothing has changed in the procedural aspect under Companies Act, 2013 as well. Shareholders can remove any director before the expiry of his tenure, except any director appointed by… Read More

Order under the proviso to the clause(d) of sub-section (2) of section 68 of the Companies Act, 2013

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (ii)] Government of India Ministry of Corporate Affairs Order New Delhi, 10th March, 2016 S.O......(E).- In Exercise of the power conferred Under the proviso to the clause(d) of sub-section (2) of section 68 of the Companies Act, 2013(18 of 2013) (Act), the… Read More

Companies (Share Capital and Debentures) Amendment Rules, 2016

CLR Notes: The below amendment affects Rule 17 related to Buyback of shares under Section 68 of Companies Act, 2013 – Power of Company to Purchase its own Securities allowing the reference calculations for buy back on the basis of unaudited accounts with auditors's limited review (instead of the requirement of audited accounts earlier). The section amended… Read More

Engagement of retired officers and employees purely on contractual assignment for the post of Private Secretary and Steno

Applications are invited from retired officers, who have worked in various capacities like Registrar, Dy.Registrar, Asstt. Registrar in any court of Tribunal or the persons who have retired as a Judge of any court for the posts of Dy Registrar, Asstt. Registrar and Court Officer, on contract basis in National Company Law Tribunal as under.… Read More

Engagement of Law clerk-cum-Research Assistants in National Company Law Tribunal and National Company Law Appellate Tribunal purely on contractual assignment

Application are invited from Indian nationals to work as Law Clerk-cum Research Assistant in NCLT/NCLAT on purely contract basis on an honorarium of Rs. 30,000 per month, possessing the following essential qualification To Download the complete Memorandum, please click on the link below: Engagement of Law clerk-cum-Research Assistants in National Company Law Tribunal and National… Read More

Engagement of retired officers and employees purely on contractual assignment for the posts of Assistant Registrars, Deputy Registrars and Court Officers

Application are invited from retired officers, who have worked in various capacities like PPS, Private Secretary, Personal Assistant and Steno in Central/State Government, PSU, any court or Tribunal on contract basis in NCLT as under. To Download complete Memorandum, please click on the link below: Engagement of retired officers and employees purely on contractual assignment… Read More

Empanelment of retired officers as the Inquiry Officers for conducting Departmental Inquires

Ministry of Corporate Affairs proposes to setup a panel of retired officers as Inquiry Officers for Conducting Departmental enquires as per guidelines laid down by the Department of Personnel & Training vide their O.M. No. 142/40/2015-AVD-I dt. 07.01.2016. To Download the complete Circular, please click on the link below: Empanelment of retired officers as the… Read More

Chartered Accountants Procedures of Meetings of Quality Review Board, and Terms and Conditions of Service and Allowances of the Chairperson and members of the board (Amendment) Rules, 2016

The Ministry of Corporate Affairs has issued rules Chartered Accountants Procedures of Meetings of Quality Review Board, and Terms and Conditions of Service and Allowances of the Chairperson and members of the board (Amendment) Rules, 2016. To view the complete rules, please click on the link below: Service and Allowances of the Chairperson and members of the… Read More

Articles Invited for Special Issue of Chartered Secretary on Corporate Governance

Dear Professional Colleagues, The Institute of Company Secretaries of India (ICSI) endeavours to promote good corporate governance and its vision rightly advocates this. The Institute has declared year 2016 as the Mission year for Corporate Governance. The Institute from time to time does research on corporate governance and related matters. In this series, the Institute… Read More

Standards certification for products and services concerning health, safety, and environment to be made mandatory

Standards certification for products and services concerning health, safety, and environment to be made mandatory New BIS Bill provides compensation to the consumers if the goods and services do not conform to the standards Self-declaration of conformity of the Standards introduced along with stringent penalty provisions for violation for ease of doing business Bureau of… Read More

Empanelment of retired officers as the Inquiry Officers for conducting Departmental Inquiries

The Ministry of Corporate Affairs has issues Empanelment of retired officers as the Inquiry Officers for conducting Departmental Inquiries, To view complete circular, please click on the link below: Empanelment of retired officers as the Inquiry Officers for conducting Departmental Inquiries Read More

Clearance of parking area of the premises of Regional Director, North, MCA at 01:30 on 09.03.2016

Dear Professional Colleagues, Sub: Clearance of parking area of the premises of Regional Director, North, MCA at 01:30 on 09.03.2016. We have received a communication from Regional Director (North), MCA advising all the ICSI members to leave the premises of the office of RD, North i.e. Sh. A. K. Chaturvedi, B-2 Wing, 2nd Floor, Paryavaran… Read More

Version of LLP Form 4-4A & Form 11 are going to be changed w.e.f March 8th, 2016

Kindly note Version of LLP Form 4-4A & Form 11 are going to be changed with effective from March 8th, 2016. All the Stakeholders are requested to plan accordingly Read More