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Budget 2023: Tarun&nbsp;said that the amendment draft to strengthen CCI is with the Parliamentary Standing Committee and this draft could be submitted in the next one week.

Budget 2023: Amendments related to CCI, IBC and Companies Act likely to be discussed in Budget session

There is Possibilities to have changes in the Companies Act in the budget session. CCI, IBC Act will also change. Parliamentary standing committee will present CCI bill draft in a week. Know full news from Tarun Sharma.

Breaking News: There Is Possibilities To Have Changes In The Companies Act In The Budget Session

The government has initiated the process of filling about 100 vacancies of independent directors in public sector banks and financial institutions to meet regulatory norms of corporate governance.

Govt initiates process for filling posts of independent directors in PSBs, FIs

Companies Act Amendment Bill 2019 Features:&nbsp;Union Cabinet-led by Prime Minister Narendra Modi on Wednesday approved&nbsp;the Companies (Amendment) Bill, 2019.&nbsp;

Modi Cabinet clears Companies Act Amendment Bill 2019, wants 5-year ban for CEOs, directors of fraud-hit firms

A new set of rules being prepared by the Ministry of Corporate Affairs will soon allow the government to wind up firms on extraordinary grounds, including national security, sovereignty and integrity of the country,

Company owner? Govt may replace 60-year old rules; see what is in store 

The maximum number of defaults (around 6,000) under the Companies Act have been on account of non-filing of financial statement and annual report. The law provides for a fine of Rs 50,000 with a maximum of Rs 5 lakh or an imprisonment of up to six months or both.

Crime no longer soon! Big relief for businessmen on these 16 corporate offences

PP Choudhary, MoS&nbsp; Corporate Affair &amp; Law &amp; Justice Minister, in an exclusive interview with Zee Business, said there is no definition for cell companies under the Companies Act, however, Section 248 provides provisions to strike off such companies that fail in filling its annual financial results.&nbsp;

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Section 135 (5) read with Section 134 (3) (o) of companies Act mandates the board to disclose in its report, the CSR policy developed and implemented by a company

CSR portal ensures transparency and accountability: Govt

The corporate affairs ministry is also looking to bolster the regime for independent directors

Govt plans review of functioning of independent directors

A total of 5,870 companies shelled out Rs 9,553.72 crore towards CSR activities in 2014-15 while the number of such firms and total money spent rose in the next fiscal.

196 companies face penal action for CSR violations: Government

Cyrus Investments and Sterling Investments filed the amendment pleas, after the National Company Law Appellate Tribunal (NCLAT) on September 21 asked it to approach the Mumbai NCLT.

Mistry firms seek to amend plea in Mumbai NCLT against Tatas

"It has been decided that in case director/authorised signatory of any struck-off company tries to unauthorisedly siphon off money from its bank account, he/she may attract imprisonment of not less than six months and extendable to 10 years," a Finance Ministry statement here said.

Up to 10-year jail for siphoning shell firms' money: Centre

Sending out a strong message to shell companies, the government decided to deregister 200 Limited Liability Partnership (LLPs).

200 LLPs under govt scanner, what does it mean?

The regulator's directive came after the corporate affairs ministry shared a list of 331 listed companies that are suspected to be shell entities and could even face "compulsory delisting".

Sebi asks bourses to act against 331 suspected shell companies

According to sources, CBI has uncovered&nbsp;393 shell companies which were used to divert loan funds meant for specified purposes, creating fake invoices, and "round-tripping" of funds to evade taxes and generate black money.

CBI unearths 393 shell companies used to divert Rs 2,900 crore

Find out the key things about Infosys share buyback plan.

Here are key things to know about Infosys share buyback plan

Over 530 companies may face action for CSR norm violations

Amidst the Tata-Mistry battle, Sebi plans to form stricter norms for removal of independent directors.

Tata-Mistry Saga: Sebi finds no violations, mulls stricter norms

Tata Sons will contest case filed by Cyrus Mistry against them.

Tata Sons says Cyrus Mistry allegations reflect deep animosity towards Ratan Tata

Top four firms corner 26% of audit business in India 

companies-act

Budget 2023: Tarun said that the amendment draft to strengthen CCI is with the Parliamentary Standing Committee and this draft could be submitted in the next one week.

There is Possibilities to have changes in the Companies Act in the budget session. CCI, IBC Act will also change. Parliamentary standing committee will present CCI bill draft in a week. Know full news from Tarun Sharma.

The government has initiated the process of filling about 100 vacancies of independent directors in public sector banks and financial institutions to meet regulatory norms of corporate governance.

Companies Act Amendment Bill 2019 Features: Union Cabinet-led by Prime Minister Narendra Modi on Wednesday approved the Companies (Amendment) Bill, 2019. 

A new set of rules being prepared by the Ministry of Corporate Affairs will soon allow the government to wind up firms on extraordinary grounds, including national security, sovereignty and integrity of the country,

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Companies Act

Budget 2023: Amendments related to CCI, IBC and Companies Act likely to be discussed in Budget session

Breaking News: There Is Possibilities To Have Changes In The Companies Act In The Budget Session

Govt initiates process for filling posts of independent directors in PSBs, FIs

Modi Cabinet clears Companies Act Amendment Bill 2019, wants 5-year ban for CEOs, directors of fraud-hit firms

Company owner? Govt may replace 60-year old rules; see what is in store

Crime no longer soon! Big relief for businessmen on these 16 corporate offences

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Tea, Spices & Citrus Fruits: See no-concession agri goods list as India moves to protect its farmers in US trade deal

Private training aircraft makes forced landing in Karnataka; instructor and cadet safe

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India’s forex reserves hit fresh all-time high of $723.8 billion

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