Legal Updates - Corporate Law Reporter

Anti Dumping Duty can not be collected after expiry of validity period

Circular No. 28/2011-Customs F.No.354/150/2011-TRU Government of India Ministry of Finance Department of Revenue Tax Research Unit *** R.No.146 I, North Block New Delhi, dated the 8th July, 2011 To Chief Commissioner of Customs (All) Chief Commissioner of Customs & Central Excise (All) Director Generals (All) Sir/Madam, Subject: Collection of Anti-dumping duty beyond the validity period-regarding. Representations… Read More

CBEC imposes Anti dumping duty on import of Sodium Tripoly Phosphate (STPP)

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No.58 /2011-Customs New Delhi, the 8th July, 2011 G.S.R. (E). - Whereas in the matter of imports of Sodium Tripoly Phosphate (STPP) (hereinafter referred to as the subject goods), falling under sub- heading 2835 31 00 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975),… Read More

Office or Place of Profit limits u/s 314 enhanced to Rs. 2.50 lacs – MCA

Companies (Central Government's) General Rules and Forms, 1956 amended GOI, Ministry of Corporate Affairs, dated 07.07.2011 G.S.R. ¦¦¦ (E). In exercise of the powers conferred by clauses (a) and (b) of sub-section (1) of section 642 of the Companies Act, 1956 (1 of 1956) and all other powers hereunto enabling the Central Government hereby makes… Read More

Stock Exchanges may consider granting membership to LLPs

CIR/MIRSD/12/2011 July 11, 2011 All Recognized Stock Exchanges Sub: Clarification regarding admission of Limited Liability Partnerships as members of Stock Exchanges. We have received requests from various stock exchanges to permit Limited Liability Partnerships (LLPs) to be admitted as members of stock exchanges so as to enable them to get registration as stock broker under… Read More

Green Initiative- ICSI to mail Audited Accounts for FY 2010-11

As a part of the Green Initiative in Corporate Governance taken by the Ministry of Corporate Affairs by allowing paperless compliances by the companies, the Council of the Institute has decided to send the Audited Accounts and Report of the Council for the Financial Year ending 31st March, 2011 to the members of the Institute… Read More

Trade in Border Haats under MOU dated 23.10.2010 between India and Bangladesh

To be published in The Gazette of India Extraordinary (Part-I, Section-1) Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan, New Delhi -110 011 Public Notice No.61/2009-2014 (RE-2010) The 1st July, 2011 Subject: Trade in Border Haats across the border at Meghalaya between Bangladesh and… Read More

Amendment of SION J-373 i.e.Raw cotton (not carded or combed) – DGFT

GOVERNMENT OF INDIA DEPARTMENT OF COMMERCE DIRECTORATE GENERAL OF FOREIGN TRADE PUBLIC NOTICE NO. 63 /(RE-2010)/2009-2014 NEW DELHI: DATED: 07/07/2011 Subject: - Amendment/modification of SION, J-373. In exercise of the powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2009-14, an amendment is made in SION, J-373 of Textile Product Group in the Handbook of… Read More

Modification of Client Codes of Non-institutional Trades Executed on Stock Exchanges

CIRCULAR CIR/DNPD/6/2011 July 05, 2011 Managing Director/ Chief Executive Officer Recognised Stock Exchanges Sub: Modification of Client Codes of Non-institutional Trades Executed on Stock Exchanges (All Segments) 1. In consultation with BSE, MCX-SX, NSE and USE, it has been decided that the Stock Exchanges may allow modifications of client codes of non-institutional trades only to… Read More

Companies Director Identification Number (Third Amendment) Rules, 2011

GOI; MCA; Dated 5th July, 2011 In exercise of the powers confered by clause (A) and (b) of sub- section (1) of section 642 read with sections 266A, 266B and 226E of the Companies Act, 1956 (1 of 1956), the Central Government hereby makes the following rules, further to amend the Companies ( Director Identification… Read More

CBEC assigns the functions of the Proper officer for Sec 17 & 28 of Customs

Government of India Ministry of Finance (Department of Revenue) Notification No.44/2011-Customs (N.T.) New Delhi, dated the 6th July, 2011. S.O. (E). In exercise of the powers conferred by sub-section (34) of section 2 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby assigns the functions of the proper officer… Read More

Amendment in Notification No. 62/1994-Customs (N. T.) dated 21.11.94 – CBEC

Government of India Ministry of Finance (Department of Revenue) (Central Board of Excise and Customs) Notification No. 45/2011 - Customs (N.T.) New Delhi, 7th July, 2011 6 Asadha, 1933 (SAKA) S. O¦¦. (E). In exercise of the powers conferred by clause (a) of sub-section (1) of section 7 of the Customs Act, 1962 (52 of 1962), the… Read More

Web Seminar on XBRL on 11th July 2011 – ICSI

FIRST MCA-ICSI WEB SEMINAR ON XBRL ICSI Head Quarters, New Delhi (Under the aegis of Ministry of Corporate Affairs) On 11th July, 2011 2.00 P.M. ONWARDS Dear Professional Colleague, The ICSI is organizing MCA-ICSI WEB SEMINAR ON XBRL at ICSI Head Quarters, New Delhi on Monday, July 11, 2011 from 2.00 pm to 4.00 pm. The programme… Read More

RBI Master Circular on Self Help Groups (SHG)-Bank Linkage Programme

RBI/2011-12/82 RPCD. FID. BC.No.06/12.01.001/2011-12 July 1, 2011 The Chairman/ Managing Director/ Chief Executive Officer All Scheduled Commercial Banks Dear Sir, Master Circular on SHG-Bank Linkage Programme The Reserve Bank of India has, from time to time, issued a number of guidelines/instructions to banks on SHG-Bank Linkage Programme. In order to enable the banks to have… Read More