Page-3 of Business law

Ministry of Corporate Affairs signed an MoU with Central Board of Direct Taxes (CBDT) for automatic and regular exchange of information

The Union Ministry of Corporate Affairs (MCA) and Central Board of Direct Taxes (CBDT) have signed a MoU for automatic and regular exchange of information to curb the menace of shell companies, money laundering and black money in the country. ..

Sankara Rao appointed as new MD & CEO of India Infrastructure Finance Company Limited (IIFCL)

Sankara Rao has been appointed as the new Managing Director & Chief Executive Officer (CEO) of the India Infrastructure Finance Company Limited (IIFCL). According to an order issued by the Department of Personnel and Training (DoPT), the Appointments Committee of ..

Insolvency and Bankruptcy board sets up two panels

Insolvency and Bankruptcy Board of India (IBBI), which expects to soon operationalise the Insolvency and Bankruptcy Code, 2016 has set up two high-level panels to gather inputs from experts, including on service providers and corporate liquidation. To expedite operationalisation of the ..

Government denies intentions to demonetise 100 and 50 rupee notes

The union government has categorically said that it has no intention to demonetise Rs 100 and Rs 50 notes to dispel rumours which are making rounds in various platforms like social media. It has issued a series of tweets to ..

India inks agreement with EAG to counter terrorist financing

India signed an agreement with the Eurasian Group (EAG) to inter-alia enhance cooperation in the areas of money laundering and terrorist financing. The Cabinet had approved the agreement earlier this month. A six-member Indian delegation led by Dr Mathew attended ..

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