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New Companies Act News

corporate governance

02 Jun 2017

Sebi forms committee on corporate governance

Aiming to improve standards of corporate governance of listed companies, markets regulator Sebi on Friday set up a committee under the chairmanship of Uday Kotak, chief of Kotak Mahindra Bank.

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.

28 Dec 2014

No law 'perfect', new Cos Act provides for self regulation: MCA

The new Act, which replaces the nearly six-decade-old legislation that governs corporates, was passed by the UPA government.

19 Oct 2014

India sees setting up of 478 one-person companies till August

According to data compiled by the Corporate Affairs Ministry, 478 OPCs have been set up till August 31 and together they have an authorised capital of Rs 11.95 crore.

21 Sep 2014

Sebi mulls prudential governance norms for stock brokers

Capital markets watchdog Sebi is now mulling over a new set of Prudential Governance Norms for stock brokers to safeguard investors' interest.

31 Aug 2014

India's M&A landscape to see positive trends: EY

According to the report, Indian M&A market registered an aggregate disclosed deal value of USD 22.6 billion in FY 14.

15 Jul 2014

Companies' CSR works to be monitored from next year: Govt

Companies with a turnover of Rs 1,000 crore or more, at least Rs 500 crore net worth or minimum Rs 5 crore net profit are required to spend on CSR.

14 Jul 2014

IOC seeks nod to fix borrowing limit at Rs 1.1 lkh cr

IOC officials said the company's current borrowing stands at about Rs 70,000 crore.

Industry groups

21 Jun 2014

Govt willing to address difficulties in Cos Act implementation

Industry groups - CII, Ficci, Assocham and PHDCCI - emphasised upon the need to ensure progression and development of business, and avoid unintended negative outcomes.

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