Tuesday, April 20, 2010

Goa Blog

Goa Blog

Bachchans shifting their base to Goa!

Posted: 20 Apr 2010 08:01 AM PDT

Goa, the land of the sun and the surf, is the dream destination for most people. It's an ideal holiday spot, for weekend getaways as well as for long vacations! Even Bollywood's premier family, the Bachchans is captivated by its allure. They were recently house hunting in North Goa.

Buzz up!
The Bachchans wish to acquire a property in the Goa. Reportedly they will be purchasing a bungalow in the picturesque village of Aldona. It belongs to a Kashmiri and is a beautiful, colonial mansion. The house boasts of Portuguese architecture and also has a swimming pool attached. Big B and AB were at the property recently to look over it and they were very pleased with the overall ambience of the place.

Abhishek Bachchan is presently in Goa shooting for Rohan Sippy's Dum Maro Dum in the Canacona region. The family is keen to acquire the place to have a getaway from the mad rush of Mumbai. Amitabh Bachchan
has been fascinated with Goa since he shot for the seventies hit Bombay to Goa. Naturally, the news has caused a flurry among the locals, who can't believe that Bollywood reigning stars might soon be amongst them

Courtesy:Oneindia

35 Companies and 65 directors are prosecuted by the Registrar of Companies

Posted: 20 Apr 2010 07:09 AM PDT

Union Minister of State for Corporate Affairs Shri Salman Khurshid informed Mr. Shantaram Naik, in the Rajya Sabha today in a written reply that Registrar of Companies, Goa has filed prosecution against 35 companies and its 69 Directors of non-filing of Balance Sheets and Annual Returns under Section 220 and 162 of the Companies Act, 1956.

The Minister further informed Mr. Naik that violation of mandatory legal provisions by Directors of such Companies have come to the notice of the Registrar of Companies.  In case of 129 companies, it is found that they have failed to file Balance Sheets and Annual Returns with the Office of Registrar of Companies, Goa. Daman and  Diu.

He further informed Mr. Naik that in case of one public company it is found that it has failed to comply with the provisions of section 165 of the Companies Act, 1956 and has not submitted Statutory Report with the office of Registrar of Companies, Goa.

Mr. Khurshid further informed Mr. Naik that in all 484 companies were registered in Goa in the 2007-2008, 344 in the year 2008-2009 and 286 in the year 2009-2010.

Explaining the procedure for incorporation  companies by foreign nationals/NRIs, minister said that promoters have to apply for name of the company by way of filing form 1A furnishing the names of addresses of promoters/directors.  After getting the name approved from the Registrar of Companies, promoters are required to prepare registration documents like Form 1 Form 18, Form 32, Memorandum of Association (MOA), Articles of Association (AOA)

If the foreigner promoters intend to incorporate the company without visiting India, then they have to sign the MOA, AOA before the Notary in the country of their origin and subsequently to be apostatised by the Indian Embassy situated in that country of the origin as per the Hague Apostille Convention 1961, he said.

The Minister further informed Mr. Naik that if the foreigner directors are visiting Indian, they have to write the foreign address and Indian address, description and occupation in the MOA, AOA in presence of witness in terms of Section 15 and 30 of the Companies Act, 1956 and also to submit copies of the passport and visa and also, if required, in original for verification

Goa: PWD Ordered to Replant Mangroves Destroyed for National Highway Project

Posted: 19 Apr 2010 09:45 AM PDT

Goa Coastal Zone Management Authority (GCZMA) has ordered the Public Works Department (PWD) to replant a large stretch of mangroves which they will destroy as a part of proposed national highway project. The department will have to replant almost three times the mangroves that they will be butchering to make way for national highway.

GCZMA member Dr Arvind Gajanan Untawale said that nearly three hectares mangroves would be sacrificed for the highway project that will be pre-habilitated. The department will plant ten hectares of mangroves to compensate for the ecological loss. "This is not a rehabilitation but pre-habilitation as they will have to plant the mangroves before starting the national highway project," Dr Untawale, said former scientist from National Institute of Oceanography (NIO).

He was talking to reporters on the sidelines of seminar on mangroves ecosystem organized by Mangrove Society of India at NIO. As PWD has no expertise to grow mangroves, they will seek paid assistant from forest department for it. "They will have to pay around Rs 30,000 to Rs 40,000 per acre to the forest department," Dr Untawale said. Forest department will identify the area for them to pre-habilitate the plantation, he added.

The stretch of mangroves from near Banastarim bridge and Chimbel will be cut down for the highway.  Untawale said that Goa is on a much better footing as far as mangroves conservation is concerned. "Forest department is taking additional efforts to make sure that wherever mangroves are destroyed, they are replanted elsewhere," he added.

Courtesy: daijiworld
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