Corrigendum to Company Law Settlement Scheme, 2011 (CLSS, 2011): MCA videGeneral Circular No: 60/2011 dated, 10th August 2011 has clarified that the CLSS, 2011 shall cover Form 52 (filing of annual accounts by a foreign company) as foreign companies are included in the scheme. All the terms and conditions of the General Circular No. 59/2011dated …
Investment in the units of Domestic Mutual funds : RBI vide its circular A.P. (DIR Series) Circular No. 08 dated 9th August, 2011 in consultation with the Government and the SEBI, has decided to allow non- resident investors (other than SEBI registered FIIs and SEBI registered FVCIs) who meet the KYC requirements of SEBI, hereinafter called …
[vc_row][vc_column][vc_column_text]As most of us are aware, “XBRL” is the buzz word in the corporate world today, but with a veil to it, making it difficult to understand its practical implementation. Unless we step in, we do not know how cold the water is. This being the first phase of implementation, clouds of doubts are all …
Word– Defamation Meaning: The word defamation means, “the act of making untrue statements about another which damages his/her reputation”. Defamation is a false attack on ones good name. Ones good name is regarded as his/her proprietary interest, not a personal interest. Defamation is an improper and unlawful attack against ones proprietary right to his/her good name, …
M/S. THANTIYADI REALTORS PRIVATE LIMITED & M/S. SOMASIMARA REALTORS PRIVATE LIMITED v UNKNOWN, DECISION BY MADRAS HIGH COURT. Decided on 11/03/2011 The petitioners, M/s. Thantiyadi Realtors Private Limited, transferor company and M/s. Somasimara Realtors Private Limited, Transferee Company had approached the court to sanction the scheme of amalgamation so as to make it binding on …
MONTAGE ENTERPRISES PVT. LTD v EMPLOYEES PROVIDENT FUND (Madhya Pradesh High Court) – Principle of universality to be applied in determining the basic wage for calculating the Provident Fund Contribution Decided on : 24/03/ 2011 The Paintiff Company (“Montage Enterprises Pvt Ltd”) was remitting the provident fund contribution of eligible employees in accordance with the …
STOCK HOLDING CORPORATION OF INDIA LTD v VIMAL RAOSAHEB CHOUGULE & ORS (MAHARASTRA STATE COMMISSION) Decided on: 06/06/2011 The Appeallant Company (”Stock Holding Corporation of India Ltd”) was providing depository facilities to investors within the meaning of the Depository Act, 1996. The Respondent had opened a Demat account with appellant and transacted shares through their …
Dematted Shares- Fraudulent Transfer of Shares, Depository Participant is not liable Read More »
ALTINA SECURITIES (P) LTD v. SATYAM COMPUTER SERVICES LTD & ANR [(2007) 76 CLA 118 (CLB)] K. K. Balu (VC). Decided on : 07/9/2006 The petitioner, a share broker purchased 2000 equity shares of the respondent company and on presentation of the share transfer deeds to the company, the share transfer deed covering 100 shares …
S. No. Compliance Form to be filed Relevant Law Due date 1. Excise Duty payment GAR 7 Central Excise Rules, 2002, 5th September 2. Payment of service tax collected to the department GAR 7 Service Tax Rules, 1994 5th September 3. Profession Tax Monthly Return Form V Andhra Pradesh Tax on Professions, Trades, Callings and …
Achromic Point together with Deloitte and R & A Associates as knowledge partners along with LVV Iyer & Associates is organizing the seminar on Proposed Companies Bill 2011 in Mumbai on 8th September 2011. The Companies Bill 2011 has many far reaching and welcome changes. While the Bill has been broadly welcomed by industry and professional bodies, a critical examination …
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