Page 6 - Companies Act

Pressing ahead for change

The Kotak Committee has made wide-ranging recommendations and sees the boards and auditors as the two critical gatekeepers

Corporates can have only two layers of subsidiaries under the companies law

Layering restriction on investment subsidiaries was incorporated in the Companies Act, 2013

Class Action: A stillborn Section of company law

The company law has many Sections, which have the words 'as may be prescribed'

Companies (Amendment) Bill, 2017: Why layering restrictions remain

Govt has stepped up efforts to curb the use of shell firms for money laundering & diverting funds

New draft Companies Valuation rules for Sebi-registered firms stir debate

Sebi-registered merchant bankers excluded from such jobs; reactions invited till June 27

Govt mulls scrapping deposit insurance provision from Companies Act

Provision was added to safeguard investors from ponzi schemes

No sight of rules on business valuation, even after three-year wait

The MCA came out with draft rules defining evaluator, evaluation process way back in Sept 2013

Companies Act provisions for striking off company names notified

Notifying these provisions, Corporate Affairs Ministry said it has come into effect from December 26

Nearly 4,000 one-person firms registered in India in FY16

Over the last five financial years, 918 foreign companies got registered in India

Companies Act needs further amendments: Report

It also explores the challenges companies are facing because of regulatory reforms

National Company Law Tribunal constituted

Company Law Board stands dissolved

Govt considering amendments to Companies Act: Jaitley

To further improve ease of doing business.