Companies Act: News
17 May 2020
Narendra ModiSitharaman fifth tranche announcements: All sectors open to private firms
Union Finance Minister Nirmala Sitharaman on Sunday announced the fifth and last tranche of the Rs. 20 lakh crore economic package announced by the government to revive the economy amid the coronavirus outbreak.
21 Oct 2019
IndiaSoon, IIT Foundation will accredit engineering colleges
Soon, the National Board of Accreditation (NBA) will no longer accredit engineering colleges in India.
01 Oct 2018
IndiaGovernment takes over debt-ridden financial firm IL&FS after NCLT nod
The National Company Law Tribunal (NCLT) today allowed the Union Government's interim prayer to reconstitute the Board of Infrastructure Leasing & Financial Services Ltd (IL&FS).
29 Aug 2018
India#FinancialBytes: How to register a company in India?
A corporation must be registered under Section 2(20) of The Companies Act, 2013 to function legally as a company in India.
30 May 2018
India#FinancialBytes: How to register a company in India?
A corporation must be registered under Section 2(20) of The Companies Act, 2013 to function legally as a company in India.
04 Apr 2018
ChennaiHC partially unfreezes Cognizant's bank-accounts, orders payment of Rs. 420cr
A week after freezing bank accounts of Cognizant Technology Solutions in a Rs. 2,500cr tax-evasion case, the Madras HC has asked it to pay 15% (Rs. 420cr) to I-T in two days.
28 Mar 2018
IndiaI-T freezes Cognizant's bank accounts over Rs. 2,500cr tax evasion
The Income Tax (I-T) department has frozen some bank accounts of Cognizant Technology Solutions India P Ltd over alleged tax evasion to the tune of Rs. 2,500cr.
28 Feb 2018
IndiaPNB scam fallout: Center acts on setting up long-delayed NFRA
The massive PNB scam, India's biggest banking fraud till date, seems to have rattled the authorities.
14 Dec 2017
Karan JoharManeka Gandhi urges Bollywood to ensure safe workplaces for women
Maneka Gandhi, Union Minister for Women and Child Development, wrote letters on Wednesday to 24 top Bollywood production houses, urging them to enforce the sexual harassment act.
21 Sep 2017
Ratan TataInvestors' nod to Tata Sons to become private limited company
Tata Sons shareholders have approved its conversion into a private limited company. It came after NCLAT allowed Cyrus Mistry's family firms to file a case against Tata Sons.
23 Jul 2017
IndiaNSSO findings: Jobs in the unorganized sector are drying up
According to findings of a 2015-2016 NSSO survey, employment in India's unorganized sector is stagnating despite rising incomes.
19 Jun 2017
IndiaWannaCry Attack: Corporate Affairs Ministry's portal was hacked
India was one of the 150 countries, whose computer systems and networks were affected by the infamous WannaCry ransomware cyberattack that took place last month.
08 May 2017
Narendra ModiBlack money crackdown - CBI investigation uncovers shell company network
The Central Bureau of Investigation (CBI), in its ongoing three-year long investigation into black money, uncovered evidence of a clandestine web of 339 shell companies used to channel funds up to Rs. 290 crore.
02 May 2017
Indian GovernmentEC unhappy with Electoral Bonds proposition
The Election Commission has expressed reservations about the government's decision to introduce electoral bonds for donations to political parties.
24 Apr 2017
Ratan TataTribunal says Mistry makes no case against Tatas
The National Company Law Tribunal stated that petitions filed by shareholders linked to Cyrus Mistry, have made no case against the Tata group.
17 Apr 2017
Ratan TataNCLT quashes Mistry's waiver petition
Cyrus Mistry's petition that alleged mismanagement and oppression of minority shareholder interests suffered badly as the National Company Law Tribunal declined to grant "waiver to Cyrus Mistry's family firms on the minimum shareholding requirement to petition" against Tata Sons.
30 Mar 2017
Lok SabhaLok Sabha passes Finance Bill, rejects RS amendments
The Lok Sabha passed the Finance Bill, without accepting any of the 5 amendments suggested by the Rajya Sabha.
30 Mar 2017
Lok SabhaOpposition forces 5 amendments to Finance Bill in RS
The opposition forced 5 amendments to the Finance Bill to be adopted by the Rajya Sabha, in what is seen as a setback to the Centre.
22 Mar 2017
Lok Sabha2017 Finance bill to undergo major reforms
Arun Jaitley suggested a major overhaul in finance bill to bring about electoral reforms.
23 Nov 2016
Ratan TataNusli Wadia serves notice to Tatas
Nusli Wadia has sent another defamation notice to Tata Sons after he sent the first one on Monday over an EGM that sought to remove him from Tata Steel.
22 Nov 2016
Ratan TataWadia won't go down quietly: Asks Tatas to withdraw charges
Nusli Wadia, an independent director and an old Tata associate wrote a strongly worded letter warning the board of directors of Tata Sons against his expulsion.
10 Sep 2016
IndiaSEBI issues circular against crowdfunding platforms
SEBI has reportedly issued an investor-warning circular to equity crowdfunding platforms that help start-ups, questioning their legality.
22 Aug 2016
KarnatakaState Government Housing Scheme to go Electronic
Rajiv Gandhi Rural Housing Corporation Ltd. (RGRHCL), a Karnataka government-sponsored housing scheme for citizens that are not economically successful, will soon go digital.