Bhopal, July 20 (IANS) The monsoon session of the Madhya Pradesh Assembly commenced on Monday with a protest by Congress MLAs inside the Assembly premisesLed by Leader of the Opposition Umang Singhar, Congress legislators staged a demonstration against the government’s alleged failure to address farmers’ distress, particularly the shortage of fertilisers and seeds for the ongoing Kharif season and inadequate drought relief measures.Congress MLAs wore symbolic masks depicting Chief Minister M…
Latest Companies Act News & Updates
Kochi, June 5 (IANS) The Kerala High Court has cleared the way for the Enforcement Directorate (ED) to proceed with its investigation into Cochin Minerals and Rutile Limited (CMRL), rejecting the company’s plea to quash the probe. The development comes at a crucial stage with ED Director Rahul Navin reaching Kochi and preparing to hold a high-level meeting with senior officials.A Division Bench comprising Justices Raja Vijayaraghavan V. and K.V. Jayakumar on Friday dismissed an appeal filed by…
New Delhi, June 2 (IANS) The ED arrested four top officials of Earth Infrastructures in an alleged fraud involving Rs 2,004 crore collected from more than 19,425 homebuyers, an official said on Tuesday. The Enforcement Directorate (ED), Delhi Zonal Office, arrested Avdhesh Kumar Goel, Rajnish Mittal, Atul Gupta and Vikas Gupta, promoters/directors of Earth Infrastructures Ltd (EIL), on Monday, said an ED statement.The four were arrested under the provisions of the Prevention of Money Laundering …
New Delhi, June 2 (IANS) The Securities and Exchange Board of India (SEBI) has clarified that cousins of promoters or directors will not automatically be treated as related persons under listing regulations, potentially allowing such individuals to be considered for independent director positions, subject to meeting other statutory conditions.The clarification came in response to informal guidance sought by Maithan Alloys, which had sought regulatory interpretation on whether a promoter-group me…
Mumbai, May 9 (IANS) The Securities and Exchange Board of India (SEBI) has proposed additional measures to its plan to reintroduce open‑market buybacks through stock exchanges, including a shortened completion timeline and new safeguards for minority shareholders.SEBI, after consultation with the Primary Market Advisory Committee (PMAC), said companies would be allowed to undertake open‑market buybacks which must be completed within 66 working days from the offer opening, and must use at lea…
New Delhi, April 30 (IANS) The Centre has approved the appointment of Justice (Retd.) Anupinder Singh Grewal, former judge of the Punjab and Haryana High Court, as President of the National Company Law Tribunal (NCLT).According to an official notification issued by the Department of Personnel and Training (DoPT), the Appointments Committee of the Cabinet cleared the Ministry of Corporate Affairs’ proposal for Justice Grewal’s appointment to the top post in the NCLT.“The Appointments Commit…
New Delhi, April 17 (IANS) The government on Friday said it is inviting public comments by May 9 for reviewing the Companies (Incorporation) Rules, 2014 and for the rationalisation of the filing framework under the Companies Act, 2013.A draft notification titled the Companies (Incorporation) Amendment Rules, 2026, proposing amendments to the Companies (Incorporation) Rules, 2014, has been prepared vide a public notice dated April 8.“The notification is placed on the website www.mca.gov.in for …
New Delhi, March 23 (IANS) Finance Minister Nirmala Sitharaman tabled the Finance Bill, 2026, in the Lok Sabha on Monday, marking a key legislative step that will provide legal backing to the proposals announced in the Union Budget for 2026-27.Once passed, the Finance Bill will bring into force changes in income tax rates, as well as customs and excise duties that were announced as part of the Budget proposals.The Finance Minister also introduced the Corporate Laws (Amendment) Bill, 2026, in the…
New Delhi, March 23 (IANS) The Lok Sabha on Monday gave its approval for referring the Corporate Laws (Amendment) Bill, 2026, to the Joint Parliamentary Committee (JPC) for further scrutiny.Finance Minister Nirmala Sitharaman introduced the Bill, which aims to amend the Limited Liability Partnership Act, 2008 and the Companies Act, 2013, in the lower house of the Parliament and proposed that it be sent to the JPC for detailed analysis.The Bill aims to facilitate ease of doing business, decrimina…
New Delhi, March 23 (IANS) Finance Minister Nirmala Sitharaman is set to table two key bills — the Finance Bill, 2026 and the Corporate Laws (Amendment) Bill, 2026 — in the Parliament on Monday.The Finance Bill, 2026 aims to give effect to the financial proposals of the Central Government for the 2026–2027 fiscal year. Finance Minister will move for the bill’s consideration and seek its passage.This will mark a key step in implementing the government’s budgetary plans and economic poli…