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The government is expected to propose amendments to the competition law after taking into consideration various suggestions of a Parliamentary panel, in the upcoming Budget session of Parliament, according to a senior official. Besides, discussions are going on with respect to amendments to the Insolvency and Bankruptcy Code (IBC) as well as the Companies Act, 2013. The official also said that the corporate affairs ministry is examining a Parliamentary panel's suggestions on having a new digital competition law. The ministry is implementing the Competition Act, IBC and the Companies Act, and amendments to these laws are expected this year. A bill to amend the competition law was introduced in Parliament on August 5 last year and was later referred to the Parliamentary Standing Committee on Finance. The panel tabled its report on December 13 last year and the ministry will now be coming up with an amendment bill after taking into consideration various recommendations of the ...
His exit is the latest in a string of high-profile resignations in recent times
Hospital's appeal against income tax department rejected; it is a private company that turned into a non-profit
Investors, lenders, and stakeholders need a basis to accurately assess the impact of climate change on company operations. Sebi's climate change-reporting framework is well-intended but not adequate
They were protesting against glitches in the MCA portal
Over the past two years the government has moved to decriminalise key provisions and simplified statutory requirements in the Companies Act
Cost cannot be an overwhelming consideration if joint audits lead to improvement in quality
The petition says some provisions in the Act are unconstitutional, put a reverse burden on accused, give inspectors wide powers to arrest, and take away the right to silence
Goel's ouster from Dish TV board will require another resolution
How will the airfare hike impact travel? What's First Global's Shankar Sharma's investment strategy? Why US Fed's rate hike failed to calm markets? What is Section 8 of Companies Act? Answers here
How will the airfare hike impact travel? What's First Global's Shankar Sharma's investment strategy? Why US Fed's rate hike failed to calm markets? What is Section 8 of Companies Act? Answers here
While a private listed company is formed for profit, a company formed under Section 8 -- erstwhile Section 25 -- of the Companies Act 1956 is for charity only. Let us find out more about the latter
Officials discussed the Companies Act and its implementation under the mutual legal assistance treaty (MLAT)
The draft Bill to amend the Companies Act is expected to be ready by the second quarter of the current fiscal year
In the scheme for demerger of non-core assets announced by SCI, certain changes, including extra surplus cash, had to be approved, the official said
CBIC says a company incorporated in India and a body corporate incorporated by or under the laws of a country outside India are separate legal entities
The move comes as a major relief to several entities that were denied refunds when they were exporting services to their parent or subsidiary companies abroad
While the companies are saying they are following Sebi guidelines, the regulator is asking them to follow their own guidelines.
Island nation has established more than 200 VCCs established since January 2020 using the model.
To ease compliance burden on listed entities, Sebi on Wednesday proposed merger of listing rules pertaining to debt securities and non- convertible redeemable preference shares into a single regulation. The proposal is aimed at harmonising with the Companies Act, 2013, and maintaining consistency with the Sebi's LODR (Listing Obligations and Disclosure Requirements) rules and Debenture Trustees norms, the regulator said in a consultation paper. The Securities and Exchange Board of India (Sebi) has invited public comments, open for 21 days, on the proposal. Under the proposal, Sebi has suggested merger of the Issue and Listing of Debt Securities or ILDS norms and the Issue and Listing of Non-Convertible Redeemable Preference Shares or NCRPS Regulations into a single regulation -- Issue and Listing of Non-Convertible Securities or NCS Regulations. Further, NCS rules should also include certain provisions issued through circulars under ILDS and NCRPS norms, Sebi noted. The rules on I