Companies (Amendment) Bill

Companies (Amendment) Bill Objective & Reasons: The Companies Act, 2013 introduced significant changes relating to disclosures to stakeholders, accountability of directors, auditors and key managerial personnel, investor protection and corporate governance.  In order to review the existing framework dealing with offences under the Companies Act, 2013 and related matters and for making recommendations to promote […]

Companies (Prospectus and Allotment of Securities) 3rd Amendment Rules, 2018

The Ministry of Corporate Affairs vide G.S.R. 853(E) dated 10.09.2018 notified the Companies (Prospectus and allotment of securities) 3rd Amendment Rules 2018: These rules shall come into force on 2nd October 2018. As per the new rules every unlisted public company shall issue securities only in dematerialised form and as far as the existing securities are […]

Now Giving/Promising to give bribe is also as heinous as taking bribe.

The parliament has passed the Prevention of Corruption (Amendment) Bill, 2018 (Amendment Bill) This amendment has been aimed at enhancing transparency and accountability of the government and make stringent anti-graft provisions under the law. Salient Features Defining the offence of bribing of a public servant: It shall be construed that the offence of bribing of […]