Month: June 2017

Securities and Exchange Board of India (SEBI)

DCS /COMP / 28 / 2016-17 – March 30, 2017 :- MANDATORY FILING OF FINANCIAL RESULTS IN XBRL MODEBSE has vide its Circulars dated November 30, 2015, March 11, 2016, March 16, 2016 and January 18, 2017 intimated the listed companies regarding mandatory filing of information with the exchange in electronic mode.  BSE has now with …

Securities and Exchange Board of India (SEBI) Read More »

Ministry of corporate affairs (MCA)

General Circular 04/2017- Clarification regarding applicability of section 16(1)(a) of the CA 2013 with reference to cases under corresponding provisions of Companies Act, 1956.It has been clarified that the applications that were rejected by Regional Directors under section 22(1)(ii)(b) of the Companies Act,1956, on the ground that such applications were made after the requisite period …

Ministry of corporate affairs (MCA) Read More »

Insolvency And Bankruptcy Code, 2016 And Securitization And Reconstruction Of Financial Assets And Enforcement Of Security Interest Act, 2002 (Sarfaesi); Applicability On Banks

INSOLVENCY AND BANKRUPTCY CODE, 2016The Insolvency and Bankruptcy Code, 2016 (“Code”) offers a uniform comprehensive insolvency legislation to Corporations, Firms and Individuals (other than financial firms).One of the fundamental features of the Code is that it allows creditors to assess the viability of a debtor as a business decision, and agree upon a plan for …

Insolvency And Bankruptcy Code, 2016 And Securitization And Reconstruction Of Financial Assets And Enforcement Of Security Interest Act, 2002 (Sarfaesi); Applicability On Banks Read More »

Non – Ratification/ Removal Of The Auditor Without Prior Notice

National Company Law Tribunal (NCTL), Hyderabad Bench, ADMITTED THE PRESENT PETITION with certain declaration/directions pursuant to Section 140 of the Companies Act, 2013 (“the Act”) read with Rule 78 of the National Company Law Tribunal Rules, 2016. (Re: [2017] 138 CLA 188 (NCLT) in CP No. 21/140/HDB/2016 19 of 2013). Parties to the Case:SPC & …

Non – Ratification/ Removal Of The Auditor Without Prior Notice Read More »

The Collection of Statistics Act 2008- A Bird’s-Eye View

The Ministry of Statistics and Programme Implementation (“MOSPI”) came into existence as an Independent Ministry on 15.10.1999 after the merger of the Department of Statistics and the Department of Programme Implementation. The Ministry has two wings, one relating to Statistics and the other Programme Implementation. The Statistics Wing called the National Statistical Office (NSO) consists …

The Collection of Statistics Act 2008- A Bird’s-Eye View Read More »