In the earlier issue, we discussed on Section 5 of the Companies Act, 1956 and we shall continue with the same section of the Companies Act, 1956 in this issue also. Query No 1: For offenses committed prior to the appointment of petitioner as Managing Director, can a Managing Director be held as an …
Word: “Doctrine ” Meaning:A belief or set of beliefs Example:The government was founded on a doctrine of equality for all people. Pronunciation:doc-trine Word: “Verbatim ” Meaning: Using exactly the same words; corresponding word for word. Explanation: Using the same words in the same order as the Original Statement. Example: “You can’t just copy the encyclopaedia …
Appeal No.C.P. NO. 31 OF 2012. Decided on : 03/08/2012 Brief Facts: A Company offering to be dissolved under the Fast Track Scheme without undergoing the elaborate process of winding up cannot later apply for restoration of its name in the Register of Companies. The Madras High Court rejected the plea of the petitioner that …
Appeal No. 2190Of 2012 Decided on : 08/02/2013 Securities Contract (Regulations) Act, 1956 (“ The Act”) – Section 23L – Listing permission for rights issue allowed – appellants participated in the rights issue – Later sought for non granting of listing permission – NSE rejected their plea – Whether NSE is right in rejecting the …
VICTOR FERNANDES & ANR v. NATIONAL STOCK EXCHANGE OF INDIA LIMITED & 22 ORS (SAT) Read More »
S. No. Activities Clause / Regulation No. Agreement / Regulations etc. Compliance Due Date 1. Compliance Certificate on Corporate Governance Clause 49 Listing Agreement 15th April 2. Shareholding Pattern Clause 35 Listing Agreement 21st April 3. Last date for submitting un-audited results Clause 41 (1) (c) Listing Agreement 15th May 4. Last date for submitting …
Quarterly / Annual Compliance – Listed Company for the month of April, 2013 Read More »
LABOUR & OTHER COMPLIANCE’S FOR THE MONTH OF APRIL 2013 S.No. Compliance Forms to be Filed Relevant Law Due Date 1 Excise Duty payment GAR 7 Central Excise Rules, 2002 31st March, 2013 2 Payment of service tax to the department GAR 7 Service Tax Rules, 1994 31st March, 2013 3 Quarterly Return for the …
Tough people There are many starters in life – but very few finish what they start. When the going gets tough, most people fold. They don’t persist hard enough or persevere long enough. They don’t take enough personal initiative to make it happen – they don’t go the extra mile. There are three kinds of …
[vc_row][vc_column][vc_column_text] The ordinary sources of finance are equity and preference shares, debentures and other debt securities. But companies, as they expand their activities, need more and more funds and this has led them to borrow from banks and financial institutions. But it puts the company under management & control of those financial institutions. This has …
Insight – Acceptance Of Deposits under Companies Act, 1956 Read More »
Maintenance of Collateral by Foreign Institutional Investors (FII’s) in Cash and F&O segment. The Reserve Bank of India (hereinafter referred to as “RBI”) had earlier issued a circular, in terms of which FIIs may offer such securities as permitted by the Reserve Bank from time to time as collateral to the recognized Stock Exchanges in …
Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) (Amendment) Regulations, 2013 SEBI vide notification dated March 26, 2013 has made the following amendments in SEBI (SAST) Regulations, 2011: Clarification on reckoning the period of ninety days in case of increase of voting rights due to buyback by Target Company. Relevant date …
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