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Companies law News

Infrastructure Investment Trusts

14 May 2017

Govt exempts InvITs from acceptance of deposit norms

Infrastructure Investment Trusts have been exempted from the ambit of acceptance of deposit rules under the companies law, a move that is expected to ease the compliance requirements for the investment vehicle.

Ministry of Corporate Affairs

08 May 2016

MCA regional directors get more powers under companies law

To reduce procedural requirements, the Ministry of Corporate Affairs (MCA) has given more powers to its regional directors with respect to scrutinising firms suspected of violating companies law.

27 Sep 2015

Companies law committee receives over 2,000 suggestions

Government's high-level panel, set up to address issues related to the new companies law, has received over 2,000 suggestions from stakeholders and expects to finalise its report by December end.

05 Aug 2015

Rewrite 'poorly-drafted' Companies Act: ICICI Bank Chairman

In a strong criticism of the "poorly- drafted" Companies Act, ICICI Bank's newly appointed Chairman M K Sharma has said that tightening of norms has made it a "curse" to be a promoter and everyone is being made to pay because of a few cases like Satyam and Sahara.

24 Jul 2015

Govt penalised directors of 14 companies: Arun Jaitley

Directors of 14 companies, including that of erstwhile Satyam Computer Services, were penalised for violating various provisions of the companies law, the government said Friday.

14 May 2015

Companies Law changes to improve ease of doing biz: ICAI

The fresh amendments to the Companies Law will go a long way in improving ease of doing business, chartered accountants' apex body ICAI has said.

13 May 2015

Rajya Sabha approves changes in Companies Act to improve biz climate

As many as 16 amendments were made to the Companies Act of 2013 which mainly deal with winding up of companies.

29 Apr 2015

Cabinet approves amendments to Companies Law

The changes have also been cleared to fast-track the approval process for draft notifications aimed at granting exemptions from various provisions of the Companies Act.

01 Apr 2015

Govt extends deadline for insuring deposits taken by companies

The government has extended the deadline for corporates to comply with norms to insure deposits taken by them in the absence of appropriate insurance products.

01 Apr 2015

Ease of doing biz: ICAI seek more changes to companies law

To make doing business easier, chartered accountants' grouping ICAI has sought more changes in norms governing companies, including those pertaining to related party transactions.

01 Apr 2015

More companies get women directors; non-compliant ones to face music

More than 50 companies including Adani Enterprises today announced the appointment of women directors, even as many others including some state-run giants lagged behind to get a female member on their board to comply with a new regulatory requirement.

31 Mar 2015

Over 250 companies appoint women directors to meet norm on last day

Waking up at the last moment, over 250 companies including Adani Power, Adani Ports, Essar Oil and GVK Power on Tuesday appointed women directors to meet the Sebi deadline of midnight tonight for having at least one female member on their boards.

31 Mar 2015

Companies Act: Norms on women, independent directors effective from April

Many new norms, including compulsory requirement of appointing women directors, will come into force from April 1 for companies as relevant transition timelines ends today.

30 Mar 2015

Govt provides clarity on deposit-taking norms for private companies

Amounts received by private firms from its members, directors or their relatives prior to April 1, 2014, would not considered as deposits under the new companies law, the government said today.

20 Mar 2015

Govt eases compliance norms under companies law

Seeking to further ease compliance requirements for corporates, the government has amended certain rules pertaining to e-voting, powers of board, and debenture issues.

05 Mar 2015

Smaller firms find new companies law 'challenging'

Small firms in the country are finding it difficult to comply with the stricter norms related to internal financial control in the new companies law, according to consulting firm Protiviti.

04 Feb 2015

Govt panel formed to monitor CSR works

The government has set up a high level panel to suggest a framework to assess CSR activities done by corporates under the companies law.

20 Jan 2015

Govt amends rules under companies law

Amending rules under the Companies Law, government has exempted unlisted firms having overseas subsidiaries from preparing consolidated financial statement for the current financial year.

new companies law

26 Dec 2014

New companies law more 'user-friendly': Survey

More than nine months since the new companies law came into force, most executives feel that the legislation is more "user-friendly" compared to the previous one, says a survey.

26 Dec 2014

MCA dishes out sweet and sour regulatory cocktail in 2014

It took almost six decades for India to get a new set of rules for the way companies are set up and regulated, but it took just a few months to again change them with an aim to make it easier to do business in the country.

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