R & A family had a team outing on 25th & 26th April, 2015 at the Domus Resorts, Shameerpet, Hyderabad. R & A had hired event mangers to facilitate the two day event. The event managers had planned the entire event with one major objective in mind which was to have ‘FUN’. Various team building …
1. Exclusively listed companies of De-recognized/Non operational/exited Stock Exchanges. SEBI has issued a circular CIR/MRD/DSA/05/2015 dated 17th April, 2015 wherein it has clarified that the exclusively listed companies which fail to obtain listing in any other nationwide stock exchange will cease to be a listed company and will be moved to the dissemination board by …
1. Interest Rates on Deposits RBI has vide its circular RBI/2014-15/554 DBR.No.Dir.BC.87/13.03.00/2014-15 dated 16th April, 2015 stated that banks are allowed to offer differential rates of interest on term deposits on the basis of tenor for deposits less than Rs.1 crore and on the basis of quantum and tenor on term deposits of Rs. 1 …
1. The Companies ( Incorporation) Amendment Rules, 2015 MCA has vide its Notification dated 1st May, 2015 made amendments to Companies Incorporation Rules wherein the process of incorporation of company has been integrated. The application for allotment of DIN upto 3 directors, reservation of name, incorporation of company and appointment of directors of the proposed company …
Case Decided On: 17-03-2015 J. Chelameswar & R.K. Agrawal, JJ. [Decided on 17/03/2015] Section 186 of the Companies Act 1956 read with section 9 of Civil Procedure Code,1908 – disputes in holding general meeting – civil court admitted the suit filed by respondent – appellants contested that the issue should go before CLB – whether …
Jyoti Limited & Others (Appellants) Versus Bharat J. Patel & Others (Respondents) Read More »
Sl. No. Particulars Companies Act, 2013 Companies Act, 1956 1. Number of directors Section 149(1) Minimum No. of directors: Private Company – 2 (Two) Public Company – 3 (Three) Maximum No. of directors: Can be increased beyond 15 (Fifteen) by means of special resolution Section 259 Minimum No. of directors: …
The provisions relating to Independent Directors have been taken from Sections 149, 150 of Companies Act, 2013 and Schedule IV read with Rule 4, 5 & 6 of the Companies ( Appointment and Qualification of Directors) rules, 2014 ESSENCE : The Companies Act, 2013 (“Act”), aims to overhaul the provisions relating to independent directors completely …
DEFINITION: “Corporate Governance involves a set of relationships between a company’s management, its board, its shareholders and other stakeholders. Corporate governance also provides the structure through which the objectives of the company are set, and the means of attaining those objectives and monitoring performance are determined.” INTRODUCTION: The German Corporate Governance Code presents essential statutory …
Introduction: The Undisclosed Foreign Income and Assets (Imposition of Tax) Bill, 2015 (also known as the “Black Money Bill”) is proposed to be tabled before Lok Sabha next week which was introduced earlier in the parliament in the month March, 2015. The objective of the bill is to make provisions for undisclosed foreign income and …
UNDISCLOSED FOREIGN INCOME AND ASSETS (IMPOSITION OF TAX) BILL, 2015 Read More »
S.No. Compliance Forms to be Filed Relevant Law Due Date 1 Excise Duty payment GAR 7 Central Excise Rules, 2002 7th May, 2015 2 Payment of service tax to the department GAR 7 Service Tax Rules, 1994 7th May, 2015 3 Monthly return for production and removal of goods and other relevant particulars and CENVAT credit …
LABOUR & OTHER COMPLIANCE’S FOR THE MONTH OF MAY 2015 Read More »
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