Company Law
CORPORATE GOVERNANCE: AN INDIAN OVERVIEW- I
It was in 1990’s when India opened its doors to the world. Since then India is the one of the largest growing economy in the world. Despite of opportunities there had been a significant rise in financial frauds which resulted Indian government to enact stringent laws. In 1998 the Confederation of Indian Industries (CII) [...]
CORPORATE GOVERNANCE & INFOSYS
“There are those who will tell you that business and ethics cannot stand together. In the short run it might appear that companies pay a price for adhering to values while their competitors get ahead in a short time frame, but in long run people would to distinguish between the grain and chaff. Those that [...]
SATTYAM: AN INDIAN VERSION OF WORLDCOM
I am of the veiw that we should not panic by the exaggeration of the Satyam issue made by media and wait till any official statements from SEBI, Ministry of Company Afairs, The Institute of Chartered Accountants of India.
Satyam is the country’s fourth largest IT firm and has over 51,000 employees. B. Ramalinga Raju
Chairman, Satyam [...]
THE COMPANIES BILL, 2008 ON ITS WAY
On Thursday, 23rd Oct. 2008 The Company Bill, 2008 was tabled on the Parliament. If the bill gets enacted then new Company Act 2008 will supersede the current Act. According to Corporate Affairs Minister Mr. Prem chand Gupta the new act would make things simpler. In the year 1956 their were 36,000 companies whereas in [...]