Future Publishing Date : May 30, 2013
Interview of Aravind Sitaraman, President – Inclusive Growth, Cisco Systems…
INDIACSR News Network The Companies Act 1956 is all set to be replaced by the Companies Bill 2012 which was passed by the Lok Sabha on 18th December 2012. Here are new provision added in the Company Bill 2012: 1. Inclusion of whole-time director in the definition of ‘key managerial personnel’. 2. The term ‘private [...]
Times of India reported that Market regulator Sebi on Friday released a consultative paper on corporate governance which proposes splitting of the post of chairman-cum-managing director, giving greater responsibilities and powers to independent directors. The regulator also pitched for aligning rules relating to listed entities along with the proposed Companies Bill that is awaiting [...]
Kumkum Sen Finally, at the fag end of the winter session, the Companies Bill 2012 was passed by the Lok Sabha and now awaits clearance by the Rajya Sabha before it undertakes the complicated process of being notified and coming into effect as the applicable law. It’s been a long and painful gestation since 2002, [...]
Under the guidelines, independent directors are expected to arbitrate in the interest of the company as a whole NEW DELHI: The government has come out with a set of guidelines for independent directors on boards of PSUs, defining their roles and responsibilities aimed at improving corporate governance in state-owned companies. Earlier, the Department of Public [...]
Mega Conference on Fly Ash Management Raipur, 17 Feb 2013 for Registration please contact rusenk@indiacsr.in Call: 9981099555 For detail information please visit: www.flyash.indiaflyash.com INIACSR News Network NEW DELHI: The Ministry of Corporate Affairs had initially identified 238 companies as vanishing companies. Out of these, names of 151 companies have since been deleted from the [...]
Corporate affairs minister Sachin Pilot has warned auditors against getting cozy with the management. NEW DELHI: Terming “cosy” relations between management and auditors of a company as key to accounting frauds, the corporate affairs minister Sachin Pilot has said that such a nexus would not be allowed anymore as lawmakers have become smarter after Satyam [...]
NEW DELHI: The Lok Sabha on Tuesday approved the much-awaited Companies Bill, 2011, making it mandatory for profit-making companies to spend on activities related to corporate social responsibility. If a company does not do so, it will have to explain the reasons for it. The Bill, aimed at improving corporate governance, also contains provisions to [...]
INDIACSR Bureau NEW DELHI: On 18 December, finally the Lok Sabha passed the Companies Act 2011, paving the way for a new modern company law. The new act will replace the existing Companies Act 1956, which was enacted 56 years ago. More importantly, the bill gives more muscle to shareholders. Now, shareholders can take legal [...]
INDIACSR News Network The Companies Bill, 2011, which was passed by the Lok Sabha yesterday (18 December 2012), on its enactment will allow the country to have a modern legislation for growth and regulation of corporate sector in India. The existing statute for regulation of companies in the country, viz. the Companies Act, 1956 had [...]
By Ashish Makhija Has corporate governance transformed the way the corporate function only an empirical study would measure this up. This takes us to another question- whether corporate governance can be measured. There have been few theories floating around for measuring corporate governance, gratifying the ardent statistically oriented fans. The. Theories aside, the practical realities [...]
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