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        Corp. Laws, SEBI & IBC

        Lobbying by Companies

        August 27, 2013

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        The Government has said that industry bodies like FICCI, other Chambers and Associations act to pursue causes and concerns of their members with a view to obtain redress and remedial actions from the relevant authorities. Such bodies do not maintain details of their advocacy activities. Giving this information in written reply to a question in the Rajya Sabha today, Shri Sachin Pilot, Minister of Corporate Affairs, said that the report of the Committee appointed to go into media reports on disclosure of Wal-Mart before the US senate regarding its lobbying activities and whether it undertook any activity in India in contravention of any Indian Law, has been received and is under examination in consultation with the Ministries concerned.

        Lobbying disclosure under review as government examines a committee report and consults ministries on corporate advocacy. The Government reports that industry associations pursue member interests but typically do not maintain detailed records of advocacy; a Committee report on a multinational retailer's lobbying disclosures has been received and is under inter ministerial examination to assess any implications for domestic law or disclosure practices.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Lobbying disclosure under review as government examines a committee report and consults ministries on corporate advocacy.

                                The Government reports that industry associations pursue member interests but typically do not maintain detailed records of advocacy; a Committee report on a multinational retailer's lobbying disclosures has been received and is under inter ministerial examination to assess any implications for domestic law or disclosure practices.





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                                ActsIncome Tax
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