The Ministry of Corporate Affairs has notified yesterday exemptions for private companies, nidhi companies, government companies and Section 8 companies. The much awaited relief for private companies, we would say is almost here – as the notification issued is yet to published in Gazette of India. The following are some of the key changes that... Continue Reading →

Arrangements have been completed for integration of Name Availability, allotment of Direct Identification Number (DIN), Company Incorporation and Commencement of Business with the unified e business portal being developed by the Ministry of Industries and Commerce.

The Supreme Court has observed “All told whatever be the format of the game and whatever be the commercial angles to it, the game is what it is, only if it is played in its pristine form free from any sporting fraud….. Conflict of interest situation is a complete anti-thesis to everything recognized by BCCI... Continue Reading →

The MCA vide a notification dated January 19, 2015 has made changes to the Companies (Corporate Social Responsibility Policy) Rules, 2014. The copy of the notification available on the MCA Website is an unpublished copy and the same will come into effect upon its publication in the official gazette. Previously, the board of directors of... Continue Reading →

In our previous post, we discussed the changes proposed to be brought about by an amendment to the Companies Act, 2013. At the time the text of the Amendment Bill had not been circulated and information was only available through a Press Release. The draft bill is now in the public domain and can be... Continue Reading →

After the last draft notification on the proposed exemptions to private companies in June 2014, two days ago, the Union Cabinet, approved the introduction of the Companies (Amendment) Bill, 2014 in Parliament to make certain amendments in the Companies Act, 2013. The Companies Act, 2013 was notified in two phases where a total of 280... Continue Reading →