Company Law - Corporate Law Reporter

Commencement Notification Of Companies Act 2013 :: Notified Section 2 :: Definitions

Commencement Notification Of Companies Act 2013 Notified Details of Section 2 In this Act, unless the context otherwise requires,” (1) abridged prospectus means a memorandum containing such salient features of a prospectus as may be specified by the Securities and Exchange Board by making regulation in this behalf; [ Not Notified] (2) accounting standards means… Read More

CLR Flash :: Commencement Notification Of Companies Act 2013 :: 98 Sections Notified

The Ministry of Corporate Affairs, has notified 98 sections of the Companies Act 2013 (18 of 2013) by way of a notification dated 12th September 2013. All these sections will now come into immediate effect from 12th September 2013. The professional must now read both the Companies Act viz. 1956 and 2013 together, in order to… Read More

CCI to investigate matter involving DDA’s alleged violation of Competition Act

Competition Commission of India (CCI) has ordered investigation by its Director General in the matter involving Delhi Development Authority (DDA) in respect of allegations regarding violation of provisions of Competition Act by DDA. The order has been issued under Section 26(1) of the Competition Act, 2002 in response to the information filed by Dr. Adla… Read More

Damodaran Committee Submits Report to the Ministry of Corporate Affairs

The Committee constituted by the Ministry of Corporate Affairs for Reforming the Regulatory Environment for doing Business in India, headed by Shri M. Damodaran, presented its Report to the Ministry. The Committee has made a number of recommendations that can be classified as: legal reforms, regulatory architecture, boosting efficacy of regulatory process, enabling MSME™s, and… Read More

Seminar Flash :: Companies Bill 2013 Beginning of a New Era

Presents COMPANIES BILL 2013 Beginning of a New Era Mumbai 20th September | New Delhi 27th September | Bengaluru 4th October | Hyderabad 9th October Dear Industry Colleague, We would like to take this opportunity to inform and invite you to our upcoming seminar Companies Bill 2013 Beginning of a New Era in the… Read More

Download draft rules (1st phase) under Companies Act 2013

The Companies Act, 2013: Draft Rules made Public for Comments/Suggestions Module for receiving Suggestions and Comments has been placed on the MCA website The Draft Rules for following Chapters under the Companies Act, 2013 is made live for public comments in 1st phase. The last date of receiving comments on these Rules is 08 October 2013: Chapter I - Preliminary Chapter II - Incorporation of Company and Matters Incidental Thereto Chapter VI - Registration of Charges Chapter VIII - Declaration and Payment of Dividend Chapter IX - Accounts of Companies Chapter X - Audit and Auditors Chapter XI - Appointment and Qualification of Directors Chapter XII - Meeting of Board and its Powers Chapter XVI - Prevention of Oppression and Mismanagement Chapter… Read More

SEBI Circular w.r.t. Principles of Financial Market Infrastructures

CIRCULAR CIR/MRD/DRMNP/26/2013 September 04, 2013 To All Clearing Corporations and Depositories. Sir / Madam, Sub: Principles of Financial Market Infrastructures (PFMIs) Background 1. To promote and sustain an efficient and robust global financial infrastructure, the Committee on Payments and… Read More

MCA Public Notice :: Feedback on draft Rules under the Companies Act, 2013

GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS No. MCA21 / 13 8/2012 -Adv. Date: 05th September, 2013 PUBLIC NOTICE The Companies Act, 2013 has been notified on 30th August, 2013. First tranche of draft Rules, except Forms, covering 16 Chapters under the new Act, have been posted on the website of the Ministry of Corporate Affairs. The… Read More

Companies Rules, 2013 Draft released by MCA for public comments

Dear Professional Colleagues, It is with utmost pleasure that we inform you all that the Ministry of Corporate Affairs has released the rules covering 16 chapters of the Companies Act, 2013 for the public comments & suggestions. This notice will also be made available on the MCA website on 9th September 2013. The last date… Read More

MCA Circular w.r.t. Relaxation of last date and additional fee in filing of e-Form 23C for Appointment of Cost Auditor

General Circular No: 14/2013 52/5/CAB-2011 Government of India Ministry of Corporate Affairs Cost Audit Branch `B-1' Wing, 2nd Floor, Paryavaran Bhawan, CGO Complex, Lodhi Road, New Delhi - 110 003 3rd September, 2013 Subject: Relaxation of last date and additional fee in filing of e-Form 23C for Appointment of Cost Auditor Sir, Reference is invited to General Circular… Read More

SEBI Circular w.r.t. Index based market-wide circuit breaker mechanism

CIRCULAR CIR/MRD/DP/ 25 /2013 September 03, 2013 To, All Stock Exchanges. Dear Sir / Madam, Subject: Index based market-wide circuit breaker mechanism 1. Please refer to SEBI circular SMDRPD/Policy/Cir-37/2001 dated June 28, 2001 directing stock exchanges to implement an index based market wide circuit breaker system to affect a coordinated trading halt in all equity… Read More

CLR Flash :: Companies Act 2013, Notified in the Official Gazette of India

The Companies Act, 2013 has been notified in the official gazette w.e.f. 30.08.2013. Please find attached herewith the copy of the same Official Gazette of India -Companies Act 2013 Notified Read More

MCA :: Damodaran Panel™s Report on Business Climate

The Chairman of the Committee (Damodaran Panel) had circulated a draft report for comments earlier last month. The report will be submitted to the Government soon. Giving this information in written reply to a question in the Rajya Sabha earlier last month, Shri Sachin Pilot, Minister of Corporate Affairs, said that the Companies Bill, 2013 which… Read More