In a preferential issue of shares, the participating company makes bulk allotment of fresh shares to its investors. The entire process is termed as the preferential allotment of shares.
An auditor of a small company is not required to report on the adequacy of the internal financial controls and its operating effectiveness in the auditor's report, and such companies need to hold only two board meetings in a year.
State-owned power giant NTPC on Friday said it will raise Rs 2,500 crore through issuance of non-convertible bonds via private placement on January 27.
Lok Sabha on Saturday passed a bill to further amend the Companies Act and decriminalise various compoundable offences as well as promote ease of doing business in the country.
The Corporate Affairs Ministry, which is implementing the Act, has been looking at ways to promote ease of doing business as well as ensure better compliance levels.
The government is said to be planning to invoke Section 447 of the Companies Act which provides for imprisonment of up to 10 years and penalty that could extend to three times the amount of fraud involved.
Names of prominent political and business leaders feature on the list of disqualified directors made public by the government
The revelation possibly provides for its most significant mainstreaming – one that could well spring up new business opportunities while ensuring the protection as well as upkeep of cows
The government will soon make quoting of Aadhaar number compulsory for key managerial personnel and directors in regulatory filings under the Companies Act.
New Delhi: To further improve ease of doing business, the government is considering amendments to the Companies Act, Corporate Affairs Minister Arun Jaitley on Tuesday said.The Companies Law Committee, which submitted its report to the
New Delhi: The government has ordered probe against as many as 16 firms, including Saradha Housing, in the current fiscal (2015-16) for allegedly being involved in illegal deposit-taking activities, Parliament was told on Friday.The other
Ahmedabad: Endorsing the mandatory corporate social responsibility under the Companies Act-2013, Justice Madan Lokur of the Supreme Court today said that it was a step towards realisation of directive principles of state policy enshrined in
New Delhi: The new amendments to the Companies Act, 2013 incorporate various provisions aimed at strengthening of corporate governance in Indian companies, parliament was told on Friday."These provisions include, inter-alia, enhanced responsibilities for the
New Delhi: As many as 313 companies listed on the National Stock Exchange have not inducted a woman director as required by the Companies Act till Monday evening - a day before the deadline of
New Delhi: Spread across diverse sectors, nearly 38,000 new firms have been registered in the first eight months of the new companies law coming into force in April last year.Out of the total such entities,
New Delhi: A bill seeking to remove “oppressive provisions” in Companies law and to align it with international practices was approved by Lok Sabha with the government saying it will improve ease of doing business
New Delhi: Within months of the new Companies Act coming into force, the government on Tuesday cleared a slew of changes to this law to make it easier for corporates to do business and to
New Delhi: Ahead of the winter session of parliament beginning Monday, the corporate affairs ministry has drafted a note for cabinet approval to amend the Companies Act passed during the previous UPA government.The ministry has
New Delhi: Moving ahead with implementation of the new Companies Act, the government has released detailed draft norms for various clauses of the new law that overhauls the way corporates function and are regulated in
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