Order of the National Green Tribunal in the matter of In Re: News Item Titled "Neglected Katora Houz in Hyderabad’s Golconda Fort Cries for attention appearing in ‘The Siasat Daily’ dated 25 May 2025". The application was registered suo-motu based on the news item titled “Neglected Katora Houz in Hyderabad’s …
The Companies (Amendment) Bill, 2020 was introduced in Lok Sabha by the Minister for Corporate Affairs, Ms. Nirmala Sitharaman, on March 17, 2020. The Bill seeks to amend the Companies Act, 2013. Under the 2013 Act, certain provisions from the Companies Act, 1956 continue to apply to producer companies. These …
The Companies (Amendment) Bill, 2018 was introduced in Lok Sabha on December 20, 2018. It replaces an Ordinance promulgated on November 2, 2018. The Bill amends several provisions in the Companies Act, 2013 relating to penalties, among others.
The Standing Committee on Finance present this Thirty-Seventh Report on the Companies (Amendment) Bill, 2016. The Companies (Amendment) Bill 2016, introduced in Lok Sabha on 16 March 2016 was referred to the Committee on 12 April 2016 for examination and report thereon, by the Speaker, Lok Sabha under Rule 331E …
The Companies (Amendment) Bill, 2016 (‘the Bill’) has been introduced in Lok Sabha on 16 March 2016. The bill proposes further amendments in the existing Companies Act, 2013 (‘the 2013 Act’) for ease of doing business.
Companies will now have a more wide range of activities to choose to fulfil the Corporate Social Responsibility (CSR) norms under the new Companies Act. The government has expanded the activities allowed and included housing for Economically Weaker Sections (EWS), disaster management, rural development, road safety and skill development of …
The Forest department is eyeing the money available under corporate social responsibility funds (CSR) of various companies to develop forests. The new CSR Rules which came into effect from April 1, 2014, as part of the Companies Act, 2013, provide that every company, private or public limited, which has a …
Chief Minister, Dr Mukul Sangma today said that companies operating in the state will be mandatorily guided by the new law that stipulates the portion of profits that companies must spend on Corporate Social Responsibility (CSR) every year. “It has been binding on every industries and reflected in the Act. …
After intense discussions with the government, India Inc is set to get some concessions in the implementation of mandatory corporate social responsibility (CSR) norms as laid down in the new Companies Act, 2013. Sources said the corporate affairs ministry (MCA) is likely to accommodate a number of India Inc's demands, …
Mumbai : There is need for significant improvement in the quality of disclosure on CSR activities, particularly with regard to quantum of spending, said a report released by proxy advisory firm IiAS on Wednesday. The firm lauded the fact that many companies were already spending on CSR activities. Larger companies …
India is a country of myriad contradictions. On the one hand, it has grown to be one of the largest economies in the world, and an increasingly important player in the emerging global order, on the other hand, it is still home to the largest number of people living in …
This publication brings out the significant changes proposed by the 2013 Act as compared to the 1956 Act and our initial analysis thereon. It is pertinent to note that for the complete understanding of the implications of various sections of the 2013 Act, the related Rules will need to be …
Includes setting up National Co Law Tribunal and Appellate Tribunal The Ministry of Corporate Affairs (MCA) released the second set of draft rules to implement the new companies Act, 2013, which will replace the nearly six-decade-old legislation governing companies in the country. The draft rules would be open for comments …
The government today released the second set of draft rules for the implementation of landmark Companies Act, 2013, that will replace the nearly six-decade old legislation governing corporates in the country. Draft rules for eight more chapters of the new Companies Act have been issued by the Corporate Affairs Ministry …
Corporate Affairs Ministry to seek legal opinion on diversion from Companies Act The Chhattisgarh government has sprung a unique and potentially illegal interpretation of the new Companies Bill’s mandatory Corporate Social Responsibility (CSR) provision on private sector players, by asking firms to deposit their contributions to the Chief Minister Community …
The draft rules for the new Companies Act say activities benefiting a company's own employees and families will not qualify as CSR spending The ministry of corporate affairs (MCA) proposes to mandate companies to spend two per cent of their average net profit for the past three years on fulfilling …
With the new Companies Act, 2013, making it mandatory for all the companies with a turnover of Rs 1,000 crore or net profit of Rs 5 crore or more to earmark 2 per cent of their net profit for the preceding three years on Corporate Social Responsibility (CSR), the state …
New Companies Act draft hits small auditors more The new rules say auditors will have to take highly costly indemnity insurance against third-party liabilities, feasible only for large firms Auditors have to be compulsorily changed by a company at the end of two five-year terms, say the new rules. The …
All public companies whose paid-up share capital exceeds Rs 100 crore or which have in aggregate outstanding loans or deposits exceeding Rs 200 crore may soon be required to have one-third independent directors on their boards. Also, auditors may need to directly report to the government, within 30 days, if …
