Portal on company law, SEBI launched

CIOL Bureau
New Update

KOLKATA: has launched a portal company that

covers the entire gamut of information on company laws and Securities and

Exchange Board of India (SEBI). The object of the law is to be a ready reference

for professionals like company secretaries, chartered accountants, lawyers and

management consultant among others.


The site contains the text of the Companies Act 1956 with other related

enactments like the SEBI Act 1992 and the Company Secretaries Act 1980 among

others. It gives a compendium of the decisions of various company courts as well

as the CLB. It also offers a guide with updated source materials relating to

legal and procedural requirements of a company through all its functional stages

including its formation.

Matters will be updated daily with free access to information related to

Companies Act and users will be kept abreast of the changing economic scenario

through circulars, notifications and releases from the Central Govt., RBI and

SEBI. An elaborate FAQ’s section covering more than 1000 queries accompany the

access to the Companies Act. There are addresses available of Regional

Directors, Registrars of Companies and the Company Board Law among others with

information on the fees. Statutory forms can be downloaded with specimens of

notices, resolution, and petition that add to the utility of the site.

An online help section aids and answers queries put up by a registered user.

A non-corporate subscriber pays a yearly subscription of about Rs. 1500 while a

corporate user pays around Rs 3000/-. "It has become a necessity to have

such information at hand. We will keep adding judicial interpretations with both

commentaries and articles from experts in the field and present them in a lucid

form." Said Narayan Jain, Director, Ltd.