Others - Corporate Law Reporter

Department of Disinvestment discussions with SEBI on Neyveli Lignite Corporation stake

Department of Disinvestment asks the Government of Tamil Nadu to Nominate Senior Official for further discussions with SEBI with regard to its proposal to buy stake in Neyveli Lignite Corporation (NlC) through its State Undertakings Department of Disinvestment, Ministry of Finance, Government of India has requested the Government of Tamil Nadu to nominate senior official… Read More

FM to deliver Key Note Address at US-India Business Council 38th Leadership Summit

Finance Minister to Leave for Four Day Official Tour to USA Tomorrow; to deliver Key Note Address at US-India Business Council 38th Leadership Summit; to meet US Business Leaders During his Visit The Union Finance Minister Shri P.Chidambaram will be leaving on a four day visit from 9th to 12th July, 2013 to United States… Read More

PMA Policy in Private Sector to be reviewed, notifications kept in abeyance

In a meeting held in PMO attended by the National Security Adviser, the Cabinet Secretary and the Principal Secretary to PM, and by officers of all concerned Ministries, a decision was taken to review the Policy for Providing Preference to Domestically Manufactured Electronic Goods (PMA Policy), particularly PMA in the private sector. 2. The PMA Policy… Read More

Conference Alert – Corporate Crimes & Organisational Integrity Management 2013

Companies are susceptible to economic crime especially during stressed economies. Deliberate steps by one or more individuals, internal or external to deceive or mislead with the objective of misappropriating assets of a business, distorting an organization's apparent financial performance or strength, or otherwise obtaining an unfair advantage can be termed as corporate crime. Corporate crime… Read More

Doctrine Of Lis Pendens :: A Critical Evaluation

An Article by Prarthna Baranwal, Student, Hidayatullah National Law University, Raipur INTRODUCTION The broad principle underlying S. 52 of the Transfer of Property Act is to maintain the status quo unaffected by the act of any party to the litigation pending its determination-even after the dismissal of a suit, a purchaser is subject to lis… Read More

New Gas Pricing Guidelines: A Ready Reckoner”

New Gas Pricing Guidelines: A READY RECKNOR ; Guidelines Expected to trigger Investment; add Production and reduce imports The Government recently approved new Gas Pricing Policy Guidelines which generated a large scale interest among various stake holders. To provide further clarify on the subject and to explain the rational behind this decision, following points would serve… Read More

CRISIL AAA Credit Rating to India Infradebt Limited

Infrastructure Debt Funds (IDFS) to Play a key role in the Financing of the Overall Requirements of Infrastructure Funding , says Arvind Mayaram, Secretary, DEA; CRISIL AAA Credit Rating to India Infradebt Limited An IDF-NBFC Shri Arvind Mayaram, Secretary, Department of Economic Affairs, Ministry of Finance said that Infrastructure Debt Funds (IDFs) are going to… Read More

FAQS on the National Food Security Ordinance

Following are the some frequently asked questions and their answers on the Food Security Ordinance :- As per the Ordinance, only 67% of the population will be covered under TPDS. Why the coverage cannot be universalized? The entitlement proposed in the Bill are based on recent trends in production and procurement of foodgrains. The average… Read More

The National Food Security Ordinance Highlights

The National Food Security Ordinance is a historic initiative for ensuring food and nutritional security to the people. It gives right to the people to receive adequate quantity of foodgrains at affordable prices. The Food Security Bill has special focus on the needs of poorest of the poor, women and children. In case of non-supply of foodgrains now people will get… Read More

Annual Conference of the Controllers of Communication Accounts

Shri Kapil Sibal Inaugurates Annual Conference of CCAs The annual conference of the Controllers of Communication Accounts (CCAs) of the Department of Telecom was inaugurated by the Minister for Communications and Information Technology Sh Kapil Sibal here today. The inauguration was also attended by the Secretary and Members of the Telecom Commission. In his inaugural… Read More

IOR-ARC Economic and Business Conference

The Union Minister of Commerce & Industry Shri Anand Sharma co-chaired the Indian Ocean Rim Association for Regional Cooperation (IOR-ARC) Economic and Business Conference in Port Louis, Mauritius. Following is the Press CommuniquÃ© released after the Conference: 1. We, the Ministers of Trade, Commerce and Industry of Member States and Dialogue Partners of the Indian… Read More

CLR Snippets | President of India promulgates the National Food Security Ordinance 2013

The President of India, Shri Pranab Mukherjee promulgated the National Food Security Ordinance, 2013 today (July 5, 2013). Rashtrapati Bhawan July 05, 2013 Read More

Master Circular on Branch Authorisation

RBI/2013-14/59 DBOD No. BAPD.BC. 18 /22.01.001/2013-14 July 1, 2013 All Commercial Banks (excluding RRBs) Madam / Dear Sir, Section 23 of the Banking Regulation Act, 1949 Master Circular on Branch Authorisation Please refer to the Master Circular DBOD No. BL.BC. 26 /22.01.001/2012-13 dated July 2, 2012 consolidating instructions / guidelines issued to banks on Branch Authorisation till… Read More