1. Foreign Direct Investment (FDI) in India – Issue of equity shares under the FDI Scheme against legitimate dues: An Indian company under the automatic route may issue shares/convertible debentures to a person resident outside India against lump-sum technical know-how fee, royalty External Commercial Borrowings (ECBs) (other than import dues deemed as ECB or Trade …
SEBI Amendments to Clause 49 of Equity Listing Agreement – SEBI has vide its circular CIR/CFD/POLICY CELL/7/2014 dated September 15, 2014 made amendments in Clause 49 of the Listing Agreement : Some of them are as follows : The Clause 49 of the Listing Agreement shall be applicable to all companies whose equity shares are …
1. National Advisory Committee on Accounting Standards – In exercise of the powers conferred by sub-section (1) of section 210A of the Companies Act, 1956, the Central Government has decided to constitute an Advisory Committee to be called as the National Advisory Committee on Accounting Standards, which will advise the Central Government on the formulation …
S. No Activities Sections /Rules /Clauses, etc. Acts / Regulations, etc. Compliance Due Date 1 Compliance Certificate on Corporate Governance Clause 49 Listing Agreement 15th October,2014 2 Shareholding Pattern Clause 35 Listing Agreement 21st October,2014 3 Submission of Reconciliation of Share Capital Audit (Formerly Known as Secretarial Audit Report) Regulation 55A SEBI (Depositories & Participants) …
A. Purpose of the Code The Code of Good Corporate Governance of Indonesia, hereinafter called the GCG Code, is a living instrument offering standards as well as guidance for companies to implement GCG with the purpose of: achieving sustainable growth of the company through a management system based on the principles of transparency, accountability, responsibility, …
Auditors S No Title The Companies Act, 2013 The Companies Act, 1956 1 Appointment of First Auditor Section 139 Board shall appoint within 30 days from the date of registration of the company. Section 224 Board shall appoint within one month from the date of registration of the company. 2 Ceiling limits of …
Dear Friends, By now, most of you would have enjoyed the long weekend celebrating Gandhi Jayanthi, Dussehra, Floral Bathukamma and Bakrid. It was indeed very much awaited following the busiest month of September wherein Corporates had to hold their Annual General Meetings. The incumbent Modi’s government in its four months, though did not bring major …
S.No. Compliance Forms to be Filed Relevant Law Due Date 1 Excise Duty payment GAR 7 Central Excise Rules, 2002 5th October, 2014 2 Payment of service tax to the department GAR 7 Service Tax Rules, 1994 5th October, 2014 3 Half Yearly Return for the period of 01-04-2014 to 30-09-2014 ST-3 Service Tax Rules, 1994 …
Labour law & other compliance’s for the month of October, 2014 Read More »
Word: Sequestration Origin: Late Middle English Meaning: The act of taking someone’s property until debt has been paid. Example: Where a person fails to perform an act or disobeys an injection, commanding persons to enter upon & take possession of his estate & keep it separately from the owner. Word: Quid pro quo Origin: Latin …
Infringement action can be maintained despite long delay in trademark use: Wockhardt Ltd v Remed Healthcare Pvt Ltd: In a recent order the Delhi High Court dealt with a dispute involving deceptively similar trademarks used in relation to pharmaceutical products. In Wockhardt Ltd v Remed Healthcare Pvt Ltd (25th April, 2014) a single-judge bench issued …
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