[vc_row][vc_column][vc_column_text]Meaning It is a process of verification of records and documents to check compliance with the provisions of various laws and rules/procedures, maintenance of books, records etc. by an independent professional to ensure that the company has complied with the legal and procedural requirements and also followed due processes. Initiatives by MCA/History The Ministry of …
The fastest way to pass your own expectations is to add passion to your labour – Mike Litman Greetings from R & A! The month of September is the busiest month for Corporate and Professionals. Companies have been busy with their Annual General Meetings, Income Tax filings, Compliance Audits, Cost Audits etc., and professionals were …
(To familiarise with the best practices on Corporate Governance & Corporate Laws) Introduction: The concept of Independent director has been originated to drive the companies towards inculcating the concept of Corporate Governance in their management. Let us understand the listing rules related to the role and responsibilities of Independent Directors, being followed by NASDAQ, the …
Independent Director -Role as followed by NASDAQ Read More »
LABOUR LAW& OTHER COMPLIANCE’S FOR THE MONTH OF OCTOBER 2013 S.No. Compliance Forms to be Filed Relevant Law Due Date 1 Excise Duty payment GAR 7 Central Excise Rules, 2002 5thOctober,2013 2 Payment of service tax to the department GAR 7 Service Tax Rules, 1994 5th October 2013 3 Service Tax Voluntary Compliance Encouragement Scheme, …
[vc_row][vc_column][vc_column_text]INTRODUCTION The change in the 57 years old legislation has shown a very illuminating light towards corporate development as it has brought about a more realistic approach to the present increasing corporate frauds and discrepancies. One of the major steps taken by the Indian legislature in order to do away with such problems is inclusion …
Blazoning the concept of class action suits under the companies act, 2013 Read More »
In the earlier issue we have discussed on Section 13 of the Companies Act, 1956 and in the present issue we shall proceed with section 17 which deals with the alteration of Objects clause in the Memorandum of Association. Query # 1 : If the business remains substantially same and additions, alterations and changes are …
Word :” Affiant” Meaning : A person who swears to an affidavit.. Example : When this form is completed, signed by the affiant and notarized, it will be used as evidence in the matter in caption. Word : “Cartel” Meaning : A group of individuals united in a common cause Example : Old monopolies and …
W.P. (C) 9003/2011 Decided on: 23rd July, 2013 Companies Act, 1956 – Section 210 – extension of accounting period – whether the decision is required to be taken within 3 months – Held, No. Brief Facts: Section 210 of the Companies Act, 1956 to the extent it is relevant for our purpose requires a company …
Amendment to bye-laws of recognised stock exchanges with respect to non-compliance of certain listing conditions and adopting Standard Operating Procedure for suspension and revocation of trading of shares of listed entities for such non compliances. SEBI vide its circular CIR/MRD/ DSA / 31 /2013 dated September 30, 2013 has decided to streamline the processes and …
Opening of Trading Office / Non-Trading Office / Branch Office/ Representative Office abroad- RBI had vide its notification informed that the, statement in Form ORA was to be submitted to the Regional Offices of Reserve Bank on half yearly basis instead of on a monthly basis by the Authorized Dealers. RBI has now vide its …
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