Sl. No. Particulars As per Companies Act, 2013 As per Companies Act, 1956 1 Section 56 108, 109, 110 & 113. 2 Title Transfer and Transmission of Securities 108- Transfer not to be registered except on production of instrument of transfer 109- Transfer by Legal Representative 110- Application for Transfer. 113- Limitation of time for …
The NDA government with Narendra Modi at the helm, has brought out its maiden budget. It has received mixed reactions, but given the time constraints and the various economic challenges Mr. Arun Jaitley, must be commended for his pragmatic proposals which are aimed at reigniting growth and reviving the economy. From a macroeconomic perspective, the …
1. Constitution of Special Investigating Team – sharing of information. In pursuance of the Hon’ble Supreme Court Judgment dated July 4, 2011, Government of India has constituted a Special Investigation Team (SIT) under the Chairmanship of Hon’ble Justice M.B. Shah. In this regard, the Hon’ble Supreme Court has directed that: “All organs agencies, departments and …
1. Change in Government Debt Investment Limits. The present debt investment limits available for Foreign Portfolio Investments (FPIs) in Government securities (G-Secs) include a USD 20 billion limit for all FPIs and another USD 10 billion limit for Long Term FPIs. While the USD 20 billion limit has been fully utilized, the USD 10 billion …
1. Notification with regard to Section 203(1) of the Companies Act, 2013: In exercise of the powers conferred by the second proviso to sub-section (1) of section 203 of the Companies Act, 2013, the Central Government has notified that public companies having paid-up share capital of rupees one hundred crore or more and annual turnover …
INTRODUCTION Companies Act, 2013 has unveiled a new era in the Indian Corporate Sector which places more reliance on disclosure norms rather than on approvals. One such area is “related party transactions” which is covered under Section 188 of Companies Act, 2013. As per Ministry of Corporate Affairs Notification dated 26th March, 2014, section 188 …
Related Party Transactions -Section 188 of Companies Act, 2013 Read More »
Word : Rebuttal Origin : Latin. Meaning : Is an opposing argument or debate. Example : He chooses to give a point by point rebuttal of my earlier comments. Word : Paralegal Origin : Latin. Meaning : a nonlawyer who performs routine tasks requiring some knowledge of the law and procedures, employed by a law …
Applicability: Every listed company or a company having not less than 1000 shareholders shall provide to its members facility to exercise their right to vote at general meetings by electronic means. A company which opts to provide the facility to its members to exercise their votes at any general meeting by electronic voting system shall …
Insight into the Electronic voting (E-voting) under the Companies Act, 2013 Read More »
S.No. Compliance Forms to be Filed Relevant Law Due Date 1. Excise Duty payment GAR 7 Central Excise Rules, 2002 5th August, 2014 2. Payment of service tax to the department GAR 7 Service Tax Rules, 1994 5th August, 2014 3. Monthly return for production and removal of goods and other relevant particulars and CENVAT …
LABOUR LAW COMPLIANCE’S FOR THE MONTH OF AUGUST,2014 Read More »
The Chinese economy is experiencing a period of unparalleled wealth and growth opportunities. The mandate to improve the corporate governance (“CG”) of Chinese companies as part of the government’s efforts to develop the financial market has become a top priority for the Chinese national agenda. To understand CG in China, one has to take into …
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