Dear Friends, I would like to share a few thoughts on areas troubling corporate minds and our country in general. Capital Allocation / Buy back There has been a lot of discussion around capital allocation policy of large Indian listed IT and other companies who are sitting on loads of cash. Few proxy advisory firms …
I. INTRODUCTION A company which does not intend to carry on its operations can apply for removal of its name to the Ministry of Corporate Affairs or the Registrar of Companies can remove or strike off a Company name, if it has reasonable cause to believe so. Striking off of the company’s name by the …
Strike-off Or Removal Of Name Of The Company From The Register Of Companies (RoC) Read More »
A. Case Law I – E-commerce websites are not bound to keep a check on products for IP infringement before advertising on their website I. Parties: Plaintiff: Kent RO System (Water purifier manufacturer) Vs. Defendant: Mr. Amit Kotak of E-Commerce platform- E-bay Citation: CS (COMM) 1655/2016 & IA No. 15914/2016 Court: Delhi High Court II. …
S.No. Compliance Forms to be Filed Relevant Law Due Date 1 Excise duty payment GAR 7 Central Excise Rules, 2002 5th March 2017 For the month of march 31st march 2017 2 Payment of service tax to the department GAR 7 Service Tax Rules, 1994 5th March 2017 For the month of march 31st march …
“A nation may do without its millionaires and without its capitalists, but a nation can never do without its labour.”- Mahatma Gandhi. With the globalization of economies, companies are operating internationally and there have been demands from these companies for liberalization in the labour laws. The influx of foreign companies has also increased the demand …
Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Amendment Rules, 2017: Vide its notification dated February 28, 2017, the MCA has amended the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016. Various forms (IEPF-3/ 5/ 6) and Rules 2/ 3/ 6/ 7 of the IEPF Authority (Accounting, …
Investments by FPIs in corporate debt securities RBI on October 24, 2016, had amended the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Twelfth Amendment) Regulations, 2016 through a Gazette notification to permit FPIs to invest in unlisted corporate debt and securitised debt instruments. Thereafter, RBI vide circular RBI/2016-17/138 …
Revision of Listing Fee Vide its circular dated March 1, 2017 BSE has revised its Annual Listing Fees to be paid by the listed entities for listing of its securities on the Exchange. The new Annual Listing Fees shall be effective from April 1, 2017. Now, the minimum annual listing fees will be Rs. 2,50,000 …
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