1. Overseas Direct Investments by Indian Party – Online Reporting of Overseas Direct Investment in Form ODI: RBI vide RBI/2011-2012/585 A.P. (DIR Series) Circular No.131 dated 31st May, 2012 has decided to communicate the UIN in respect of cases under the Automatic Route to the ADs/Indian Party through an auto generated e-mail to the email-id …
Listed below are the Compliance’s for the month of June, 2012 S. No. Compliance Clause / Regulation No./Forms Agreement / Regulations etc. Compliance Due Date 1. Excise Duty payment GAR 7 Central Excise Rules, 2002 5th June 2. Payment of Service Tax GAR 6 Service Tax Rules, 1994 5th June 3. Professional Tax Monthly Return …
LLP, a new legal entity for Business & Profession: LLP is an incorporated partnership formed and registered under the Limited Liability Partnership Act, 2008 with limited liability and perpetual succession. The Act came into force, for most part, on 31st March 2009 followed by its Rules on 1st April 2009 and the registration of the …
Prima facie: Meaning: At first sight. A prima facie case is one which, at first sight, seems to support the allegation or claim made. Example:If a prima facie case is not made out in the early stages of proceedings, the other side may apply to the court to dismiss the action without hearing the rest …
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[vc_row][vc_column][vc_column_text]Introduction Prior to the amendment of the Companies Act, 1956, buyback of securities in India was prohibited. Section 77 of the Act, imposed a blanket ban on companies from buying their own securities. The concept of buy-back of securities was introduced in the Companies Act, 1956 by the Companies (Amendment) Act, 1999 by the insertion …
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M/S. RAJESH AND CO (Petitioner firm) Vs. RAVISSANT PVT LTD (Respondent Company) decided on 24/02/2012 Brief facts: The facts as stated in the petition are that the petitioner firm had been supplying fabric to the respondent company on regular basis from 1996 onwards and as per the reconciliation of accounts for the period from 1st …
The Respondent is a Public Limited Company incorporated under the Companies Act, 1956 on 05th July, 1951. The Shareholding pattern of the Respondent Company is reflected below : M/s. Reckitt Benckiser Plc (Holding Company) – 63.87 % , M/s. Lancaster Square Holdings SL – 36.20 % , Public holding including appellant holdings – 0.11%. Valuation …
Name availability Guidelines, 2011 – The ministry has re-examined the matter regarding availability of name by the system online through STP mode and has brought about some changes wherein the names approved through STP mode on certification of Professional will be put to online check and be transferred for processing in non-STP mode in any of the …
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