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Implementation of New Companies Act

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....mplementation of New Companies Act <br>News and Press Release<br>Dated:- 24-4-2015<br><BR>The provisions of section 125 and section 132 of the Companies Act, 2013 respectively provide details about th....

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....e constitution, powers and responsibility of the Investor Education and Protection Fund Authority (IEPFA) and National Financial Reporting Authority (NFRA). These sections are yet to be notified. The ....

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....draft Rules with regard to these two authorities have been prepared and placed on the website of this Ministry inviting comments/suggestions from stakeholders. Consultations have also been held with t....

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....he Ministry of Finance and Controller General of Accounts (CGA) on the accounting and refund process for IEPFA. The draft Rules are expected to be notified during the year 2015-16. Other provisions ....

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....relating to investor protection such as Independent Directors, Committees of the Board, Appointment of small Shareholders Director, related party transactions, etc. have already been notified. Certain....

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.... sections which require the functioning of National Company Law Tribunal and its appellate body are under litigation in the Supreme Court and have not been notified. This information was given by Sh....

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....ri Arun Jaitley, Minister of Corporate Affairs in written reply to a question in the Lok Sabha today.<BR> News - Press release - PIB....