“Corporate Governance” means a structure for transparent, fair, timely and decisive decision-making by companies, with due attention to the needs and perspectives of shareholders and also customers, employees, stakeholders and local communities. OBJECTIVES OF THE CODE: To establish fundamental principles for effective corporate governance. To seek “growth-oriented governance” by promoting timely and decisive decision-making based …
Introduction: Insider Trading, as may be familiar to lot of us, is principally the act of dealing in securities with the advantage of having asymmetrical access to unpublished information which when published would impact the price of securities in the market. India seems to be having a long standing tryst with the notion of Insider …
Introduction: The Secretarial Standard on Meetings of the Board of Directors (SS-1), as approved by the Central Government, has been issued by the Institute of Company Secretaries of India (ICSI) under the provisions of Section 118(10) of the Companies Act, 2013 (the Act), vide ICSI Notification No. 1 (SS) of 2015 dated April 23rd, 2015 …
Secretarial Standard on Meetings of the Board of Directors Read More »
1) Disclosures under SEBI (Prohibition of Insider Trading) Regulations, 2015 The Securities Exchange Board of India (SEBI) vide Circular No. CIR/ISD/01/2015 dated May 11, 2015 has notified the Disclosures under SEBI (Prohibition of Insider Trading) Regulations, 2015. The formats for the disclosure under Regulation 6 of SEBI (Prohibition of Insider Trading) Regulations, 2015, have been …
1. Foreign Exchange Management (Permissible Capital Account Transactions) (Third Amendment) Regulations, 2015 The Reserve Bank of India (RBI) has amended the Foreign Exchange Management (Permissible Capital Account Transactions) Regulations, 2000, vide Notification No. FEMA. 341/2015-RB dated May 26, 2015. RBI has allowed resident individual to draw from an authorized person foreign exchange not exceeding USD …
1. Extension of time for filing of Notice of appointment of the Cost Auditor for the F.Y. 2015-16 in Form CRA-2 and filing of cost audit report to the Central Government for the F.Y. 2014-15 in form CRA MCA has released the revised Form CRA-2 on 12th June, 2015 and is available on the MCA …
May, 2015 has just passed….a big relief for many from the hot summer. This time it was a talk of the nation and a few international media as well that Telangana and AP had the highest death toll due to high temperature. Union Government Narendra Modi’s Government successfully completed its maiden year. Though not achieved …
INTRODUCTION: The Companies (Amendment) Bill 2015 was recently passed in Rajya Sabha on 13th May 2015 and in Lok Sabha on 17th December, 2014. The Bill received the assent of the president on 25th May, 2015 and was published in official Gazette of India on 26th May, 2015. The Central Government has appointed May 29, 2015 as …
S.No. Compliance Forms to be Filed Relevant Law Due Date 1 Excise Duty payment GAR 7 Central Excise Rules, 2002 5th June, 2015 2 Payment of service tax to the department GAR 7 Service Tax Rules, 1994 5th June, 2015 3 Tax Deducted at Source Payment Challan No./ITNS 281 Income Tax Act, 1961 7th June, …
LABOUR & OTHER COMPLIANCE’S FOR THE MONTH OF JUNE 2015 Read More »
Criminal Appeal No. 568 of 2008 S. Muralidhar, J.[Decided on 31/07/2014] Foreign Exchange Regulation Act,1973- section 68- offences by company- director’s vicarious liability-nonexecutive director- non submission of proofs of imports – SCN issued to the company and its directors- no specific averments in the SCN- reply of the director not considered by Assessing officer (AO)– …
UMESH K. MODI (Appellant) Vs. DEPUTY DIRECTOR OF ENFORCEMENT [DEL] (Respondent) Read More »
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