Others - Corporate Law Reporter

Policy on Trade of Agricultural Products

The Government, from time to time, keeps receiving representations from various quarters on various aspects related to agricultural export policy. This issue was also raised by Sh. Raju Shetty, MP in the Parliament. The export of agricultural products depends on various factors including availability of surplus over and above the requirement of buffer stock including… Read More

Exports to Asean

Details of the trade carried out between India and the Association of South East Asian Nations(ASEAN), Argentina and the South Asian countries during the last three years and current year are at Annex-I, Annex-II and Annex-III. ASEAN and India has set bilateral trade target of US$100 billion by 2015. The bilateral trade target with Indonesia, Thailand, Myanmar and Vietnam… Read More

Independent Regulatory Authority for Coal Sector

The Government has decided to set up a Coal Regulatory Authority. This information was given by the Minister of State for Coal, Shri Pratik PrakashBapu Patil in a written reply in Rajya Sabha today. He said that the objectives and functions of the Authority are to specify by regulation methods of testing for declaration of… Read More

Railway Revenue Earnings up by 10.74 Per Cent During April – July 2013

The total approximate earnings of Indian Railways on originating basis during 1st April to 31st July 2013 were Rs. 44260.16 crore compared to Rs. 39969.24 crore during the same period last year, registering an increase of 10.74 per cent. The total goods earnings have gone up from Rs. 27924.26 crore during 1st April 31st July… Read More

Tariff Policy on Cargo Handling

The share of Major Ports in the traffic handled is about 58% whereas for the non major ports it is about 42%. There is no tariff regulation for non major and private ports in the country and they are free to fix their own tariff. However, for the Major Port Trusts the tariff is fixed… Read More

India™s Foreign Trade: July, 2013

EXPORTS (including re-exports) Exports during July, 2013 were valued at US $ 25834.46 million (Rs. 154426.51 crore) which was 11.64 per cent higher in Dollar terms (20.25 per cent higher in Rupee terms) than the level of US $ 23140.43 million (Rs. 128417.33 crore) during July, 2012. Cumulative value of exports for the period April-July 2013 -14… Read More

Corporate India overwhelmed – Upper House clears the bill

Corporate law in India has finally taken a sigh of relief as the much awaited Company bill has been passed (press release available here) in the Rajya Sabha on Thursday, the 8th of August, 2013. The new company bill will come into effect immediately after the assent from the President. The press release by the… Read More

ICSI is organizing 14th All India Students™ Conference

14th ALL INDIA STUDENTS CONFERENCE - 2013 NIRC of ICSI is organizing 14th All India Students™ Conference on the following theme: Company Secretary- Imparting wisdom, empowering lives ( PDP Hours : 08 ) On Saturday, 7th September 2013 From 9.00 AM onwards At Manekshaw Centre Khyber Lines, Delhi Cantonment New Delhi Delegate Fee : Rs… Read More

M&A – At the Onset of Companies Bill

Mergers and Acquisitions have been governed by a large number of individual laws in India. However, the Companies Act, 1956 is the prime regulator of companies when it comes to its legal framework and is guiding the reconstruction of Indian companies over 50 years from now. Since then there has been a substantive growth in… Read More

ICSI Press Release on passing of Companies Bill 2012

CS S. N. Ananthasubramanian, President, Council of the ICSI welcomes the brand new, modern, growth oriented and futuristic Company Law passed by Rajya Sabha today (08.08.2013). On getting the assent of the Honorable President of India and notification in the gazette, it will replace the existing statute for governance of companies in the country, i.e., the Companies Act, 1956.… Read More

Announcements from ICSI

Announcement The Council of the Institute has approved the following decisions pertaining to training of the students of the Company Secretaryship Course.: A) 15 months training with Law Firms, Consultancy Firms, Financial Institutions: The Council of the Institute has allowed imparting 15 months training by Law Firms, Consultancy Firms and Financial Institutions. Earlier they were allowed… Read More

Modified Industrial Infrastructure Upgradation Scheme

MINISTRY OF COMMERCE AND INDUSTRY (Department of Industrial Policy and Promotion) NOTIFICATION No. 10/1/2012-DBA-I(Part) Modified Industrial Infrastructure Upgradation Scheme 1. Introduction 1 .1 Industrial Infrastructure Upgradation Scheme (IIUS) was launched in 2003 as a Central Sector Scheme to enhance competitiveness of industry br providing quality infrastructure through public private partnership in selected functional clusters. Central assistance upto 75% of the project cost… Read More

Nuclear Energy Agreements

India has signed civil nuclear cooperation agreements with France, the United States of America, the Russian Federation, Canada, Argentina, Namibia, Mongolia, Kazakhstan and the Republic of Korea. There is a Memorandum of Understanding with the United Kingdom. Discussions have been held with Japan, Australia and Sri Lanka. Three rounds of formal negotiations have been held… Read More