Companies Act

Companies Act News

IndiGo promoters’ feud: Govt may check validity of shareholder pact with Companies Act

Rahul Bhatia’s entity has refuted the allegations stating that the parties went in to the ventures “with their eyes open” and that the deal was struck between “seasoned business people who made their own assessment of risks, their rights and their obligations”.

Cabinet clears ordinance to amend Companies Act

In August, a 10-member committee, headed by Srinivas, submitted the report to Finance and Corporate Affairs Minister Arun Jaitley.


Companies Act, 2013: Govt sets up 10-member panel to review penal provisions

The committee, chaired by Corporate Affairs Secretary Injeti Srinivas, will submit its report within 30 days to the government.

Companies Act: Panel for sweeping changes

Proposals address concerns raised by corporates after the 2013 overhaul of the Act by UPA II

No role for Centre in monitoring CSR: Panel

According to the new Companies Act, certain classes of profitable entities are required to shell out at least two per cent of their three-year annual average net profit towards the CSR activities.

‘Ease of biz’ has not percolated down: CII

His comments come at a time when the government is trying to woo investors by campaigns like ‘Make in India’ and Digital India.


Tata Motors gets shareholder nod for executive pay

The shareholders also approved the minimum remuneration for Pisharody and Borwankar for FY15 and FY16.

Cabinet clears hiking stake in IFCI to 51% by infusing R60 cr

Also clears proposal to enable AAI to lease land to ICG, India Navy.

Tread carefully

Amendments to the Companies Act mustn’t constrict the rights of minority shareholders.

Chequing out

Public sector bank stake sale proposal is a welcome first step. Centre must push further