Others - Corporate Law Reporter

Cabinet approves National Manufacturing Policy in India

The Cabinet approved the revised proposal of the Department of Industrial Policy and Promotion, Ministry of Commerce and Industry to put in place a National Manufacturing Policy. The Cabinet in its meeting held on 15" September 2011 considered the National Manufacturing Policy and directed that the policy may be considered by a Group of Ministers… Read More

P. Chidambaram Releases NCRB Publication -Crime in India -2010

The Union Home Minister Shri. P.Chidambaram released Crime In India-2010 a publication of national importance brought out by National Crime Records Bureau in New Delhi today. Shri N.K. Tripathi, Director General, NCRB, Smt. B. Bhamathi, Additional Secretary, MHA and Shri.P.R.K.Naidu, Joint Director, NCRB, were present during this occasion. NCRB publishes Crime in India from the… Read More

NIFT & FIT New York Establishes Academic Linkages Dual Degree Programme Launched

A Dual Degree (UG Programmes) has been finalized between National Institute of Fashion Technology (NIFT) and Fashion Institute of Technology (FIT), New York. This implies that selected meritorious students from NIFT would avail the unique opportunity to obtain a joint Degree awarded both by NIFT & FIT. The association of two premier fashion institutes would… Read More

Guidelines on IRDA (Treatment of Discontinued Linked Insurance Policies) Regulations, 2010

Many representations have been made by the insurers to allow a higher revival period to enable the policyholder to revive at a later stage and requests were also made to allow the insurer to levy fund management charge for managing the discontinued linked fund. In consultation with the industry, the Authority, in exercise of powers… Read More

Enforcement of Security Interest and Recovery of Debts Laws (Amendment) Bill, 2011

The Union Cabinet today approved introduction of the Enforcement of Security Interest and Recovery of Debts Laws (Amendment) Bill, 2011 in the next session of Parliament. The proposed amendments would enable banks to improve their operational efficiency, deploy more funds for credit disbursement to retail investors, home loan borrowers, etc. without fearing for recovery, thus… Read More

Sops announced for the Textile Industry

In his announcements for the Foreign Trade Policy (2009-14) here yesterday, Shri Anand Sharma, the Union Minister of Textiles, announced various incentives for the Textiles sector. The sector is reeling under economic uncertainty at global level and pulls and pressure at domestic levels. Announcing the incentives Minister said, we adopted a multi pronged strategy by… Read More

Right to Information -Expanding the Horizons

The 6th Annual Convention of the Central Information Commission has commenced in the national capital today. The Convention is discussing four topics, namely Transparency and accountability: with special reference to Public Private Partnership Projects, RTI Act : Potential & efficacy in curbing corruption and grievance redressal, RTI Act - Exemption Provisions & Second Schedule and… Read More

Admit cards for Nov,11 exam also available on ICAI website

The Institute of Chartered Accountants of India hereby informed that physical admit cards for the forthcoming November 2011 examinations have already been desptached by post. The admit cards with the photos and signatures of the candidates have also been hosted on www.icai.nic.in. Candidates may also download the same and use them. Candidates may note that admit… Read More

India & Afghanistan signs MOU for public sector capacity development

India and Afghanistan today entered into a Memorandum of Understanding for implementation of a twinning arrangement for public sector capacity development in Afghanistan. Under it both the countries will co-operate in the field of public sector capacity development in accordance with the applicable domestic law in force in the respective countries in which the activities… Read More

Restatement on Legislative Privilege, Contempt of Court and Public Interest Litigation released by Supreme Court

Chief Justice of India, Shri Justice S.H. Kapadia, here today released a set of Restatement of Indian Law in the presence of legal luminaries. These Restatements of Indian Law relate to 3 subjects: Legislative Privilege, Contempt of Court and Public Interest Litigation. Chairman of the Supreme Court Project Committee on Restatement of Indian Law Shri… Read More

India and ADB to celebrate 25 yrs of their partnership at a forum that will be held on 17/10

India and the Asian Development Bank (ADB) will join hands to commemorate 25 years of their partnership at a forum that will discuss Asia™s remarkable economic growth and the challenges it still has to overcome to realize its full potential. Finance Minister Shri Pranab Mukherjee and ADB President Mr. Haruhiko Kuroda will address the Eminent… Read More

FDI for Greenfield investments in the pharma sector continues

PM chaired a high level meeting to discuss the FDI policy in drugs and pharmaceutical sector. The meeting was attended by Finance Minister, Sh Pranab Mukherji, Health Minister Sh Ghulam Nabi Azad, Commerce, Industry and Textile Minister Sh Anand Sharma, Pharmaceutical and Chemical Minister Sh MK Alagiri, Deputy Chairman Planning Commission Dr Montek Singh Ahulwalia,… Read More

Role of the Company Secretary in Corporate Governance Framework

This is a vitally important period for corporate governance in India. After many false starts and delays, significant progress was made in the reform of company law with the completion of a comprehensive review in 2005 and the laying before the Lok Sabha the Bill. Any satisfaction that might have been felt as a result… Read More