Month: June 2016

Shifting Of Registered Office Of The Company From One State To Another

I. INTRODUCTION: Section 12 and 13 of the Companies Act, 2013 and Companies (Incorporation) Rules, 2014 states the law and procedure regarding having a registered office of the Company and shifting of registered office of the Company. Provisions and procedures relating to shifting of Registered Office (RO) from one state to another state are as …

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Competition Commission Of India – Order Under Section 26(2) Of Competition Act, 2002

I. Parties to the Case: Informant 1:                Actuate Business Consulting Private Limited Informant 2:                Abha Kathuria Kohli (Daughter of Mr. Narendra Nath Kathuria, MD of Informant 1) AND Opposite Party:           Ambika Trading & Construction Private Limited. II. Gist of the relevant provisions of the Act noted in the Case: Section 4: Abuse of …

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POLAND – Best Practice for GPW Listed Companies 2016

I. Introduction: Set of corporate governance principles and rules of conduct applicable to the relationships between listed companies and their market environment, the “Best Practice for GPW Listed Companies 2016” is an important contributor to the companies’ competitive position and a key driver of the attractiveness of the Polish capital market.  The “Best Practice for …

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Constitution of Audit Committee as per Companies Act, 2013 & Companies Act, 1956

Particulars Companies Act, 2013 Companies Act, 1956 Audit Committee   Section 177 Section 292A Applicability Every listed companies and all public companies with a paid up capital of Rs. 10 Crores or more; all public companies having turnover of Rs. 100 Crores or more; all public companies, having in aggregate, outstanding loans or borrowings or …

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Ministry of corporate affairs (MCA)

Companies (Registration Offices and Fees) Amendment Rules, 2016 (Notification date 6th May, 2016) In the Companies (Registration Offices and Fees) Rules, 2014, (i) Form No. GNL-1 and Form No. GNL-4 have been substituted; Designation of Special Courts for the purposes of trial of offences punishable under the Companies Act, 2013 (Notification date 18th May, 2016) In …

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Reserve bank of India (RBI)

A.P. (DIR Series) Circular No. 67/2015-16 [(1)/5(R)] dated May 05, 2016-05-31 Foreign Exchange Management (Deposit) Regulations, 2016 repealing and superseding the FEMA (Deposit) Regulations, 2000 hereinafter referred to as Deposit Regulations. These regulations seek to regulate deposits between a person resident in India and a person resident outside India Some of the key definitions headings …

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Securities and Exchange Board of India (SEBI)

Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Third Amendment) Regulations, 2016 Notification date 25th May, 2016 vide No. SEBI/LAD-NRO/GN/2016-17/003 Applicability of Regulations: These Regulations are applicable to issuers filing offer documents with the Registrar of Companies on or after the date of commencement of these regulations. In the SEBI (Issue …

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