Deliberating on the Companies Bill, a Parliamentary panel on Friday asked the government for its views on making corporate social responsibility (CSR) mandatory at two per cent of net profit for all companies above a threshold, which was suggested by it earlier but rejected by the Government in the revised Bill. In the context of the Satyam scam, members of the Standing Committee on Finance also sought
Blaming the Union government for the delay in the passage of the Companies Bill, the standing committee on finance is likely to submit its report on the revised Bill before the beginning of the
Putting the onus of delaying the Companies Bill on the government, Parliament Standing Committee on Finance said on Friday that it would try its best to give a report on the legislation in the
Any disaster of the magnitude of AMRI or Bhopal is a matter of deep concern, and while it calls for preventive and punitive actions as may be warranted, the current witch-hunt is somewhat over the
Union Minister of Corporate Affairs M Veerappa Moily on Monday said here that the Companies Bill 2011 seeks to update the 50-year-old Companies Act, 1956, and the laws related to raising money from the public, insider trading, term for independent directors and corporate social responsibility (CSR).
On 30th August 2011, the Bombay High Court, in response to a writ petition filed by HDFC, ordered the Maharashtra government to in turn order Collectors and District Magistrates to take the mandate
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