The old aphorism “All that glitters is not gold” finds legitimacy in what came to be known as the Satyam Scam in the late 2000s. A financial chicanery that withered…
The Central Board Of Direct Taxes (CBDT) has issued new directions to Income Tax department for the prevention of tax evasion and tax crimes such as money laundering, especially during…
Natarajan Chandrasekaran, Chairman of Tata Sons is planning to shrink about 1000-odd subsidiaries that the group owns. Tata Sons, India’s biggest conglomerate owns about 1000 plus subsidiaries and the group…
The government has asked National Company Law Tribunal (NCLT) to reopen the financial books of IL&FS for the past five years, under section 130 of the Companies Act. The Ministry…
The government has commenced the process to deactivate the Director Identification Numbers (DINs) of 21 lakh directors out of 33 lakh active directors who were asked to share their detail…
The central government is planning ease the norms related to the appointment and remuneration of chief executive and other executives of the listed companies. The Ministry of Corporate Affairs has…
The Ministry of Corporate Affairs has commenced working on the plan of action for second phase of striking out shell companies. Government sent show-cause notice to 2,25,000 companies, out of…
People who aspire to be a business owner of any kind of business in India, were in a state of happiness due to an important announcement made by the ministry…
Registrar of Companies has blacklisted over 2 lakh directors. These directors will no longer be able to hold board positions in the new companies.
All India Online Vendors Association has seeked help from Ministry of Corporate Affairs to clear their pending dues with Snapdeal.
