The objective of the Corporate Governance Code for SMEs is to support and guide internal corporate governance of SME’s in Dubai which will enable the sector to overcome the lack of internal corporate governance know-how on implementation, as well as the unavailability of external qualified specialists in the region. This is a voluntary framework designed …
S.No. Compliance Forms to be Filed Relevant Law Due Date 1 Excise Duty payment GAR 7 Central Excise Rules, 2002 5th March 2016 and For the month of March – 31st March 2016 2 Payment of service tax to the department GAR 7 Service Tax Rules, 1994 5th March 2016 and For the …
S. NO. BASIS OF DIFFRENCE COMPANIES ACT, 2013 COMPANIES ACT, 1956 DIFFRENCE 1. Conversion As per section 71(1): A company may issue debentures with an option to convert such debentures into shares, either wholly or partly at the time of redemption. Provided that the issue of debentures with an option to convert such debentures …
PROVISIONS RELATED TO DEBENTURES BETWEEN COMPANIES ACT, 2013 VS. 1956 Read More »
I. Introduction: Investor Education and Protection Fund (IEPF) is for promotion of investors’ awareness and protection of the interests of investors. The provisions of sub Section (5) (6) & (7) of section 125 of the Companies Act, 2013 are effective from 13th of January, 2016 vide MCA Notification issued by Central Government. II. Procedure for transfer …
Insight On Investor Education And Protection Fund Read More »
1. Word: Ex post facto Definition: with retrospective action or force Use of the Word: describing a law which is retrospective (it affects past acts as well as future ones) 2. Word: Actus reus Definition: a criminal act Use of the Word: Every crime must be considered in two parts-the physical act of the crime …
Dear Friends, Greetings to All! The great Chanakya, Prime Minister during the Golden Age of Modern India also known as Kautilya or Vishnu Gupta had once quoted, “When the king becomes stronger and controls the nation, petty thief, terrorist and traitors feel the heat and complain of intolerance in the Society”. I would prefer to …
Review of Offer for Sale (OFS) of Shares through Stock Exchange Mechanism by Listed Stock Exchanges:SEBI has issued Circular No. CIR/MRD/DP/36/2016 dated February 15, 2016 regarding Review of Offer for Sale (OFS) of Shares through Stock Exchange Mechanism: Comprehensive guidelines on sale of shares through Offer for Sale mechanism were issued vide circular no CIR/MRD/DP/18/2012 …
Foreign Direct Investment –Reporting under FDI Scheme, Mandatory filing of form ARF, FCGPR and FCTRS on e-Biz platform and discontinuation of physical filing from February 8, 2016: With a view to promote the ease of reporting of transactions related to Foreign Direct Investment (FDI), the Reserve Bank of India, under the aegis of the e-Biz …
FACTS: The plaintiff is Rajeev Saumitra who began the business of imparting education under the banner of Paramount coaching centre in January 2005 as a sole proprietor. Defendant No.1 is the plaintiff’s wife, Neetu Singh, defendant No.2 is K.D Campus Pvt. Ltd., the One Person Company of defendant No.1 and defendant No.3 is Paramount Coaching …
I. Introduction of BSE SME Platform Small and medium enterprises (SMEs) in developing countries like India are the backbone of the nation’s economy. They constitute the bulk of the industrial base and also contribute significantly to their exports as well as to their Gross Domestic Product (GDP) or Gross National Product (GNP). Micro, Small and …
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