
Monday, September 20, 1999
CLB may get powers to administer mergers & acquisitions, liquidation
The Department of Company Affairs (DCA) has proposed vesting the Company Law Board (CLB) with powers to hasten liquidation of insolvent companies and administer mergers and acquisitions of corporates.
India complains to WTO about unilateral trade restraints
India has conveyed to the World Trade Organisation its serious concern over what it calls the "unilateral" trade measures resorted to by stronger nations against weaker ones with the avowed objective of gaining market access.
Kerala's loose coconut oil sales adulterated
Despite their high rate of literacy and quality of life, consumers in Kerala get a raw deal from traders with a study conducted by the Coconut Development Board finding that 14% of the loose coconut oil sold in Kerala is adulterated.
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