Month: January 2020

Case Study on Corporate Secretarial Services to a Listed Entity

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]About the client: R&A Associates has been providing Corporate Secretarial services to a Listed Entity (“Client”). The client is primarily engaged in property development, civil construction contracts and infrastructure projects development and construction work. Our Association and work– We have been associated with the client and rendered the following services: Ensuring compliances as per the …

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Independent Directors Data Bank

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Brief on Independent Directors (IDs) Databank The Ministry of Corporate Affairs (MCA) has notified Rule 6 of the Companies (Appointment and Qualification of Directors) Rules, 2019 dated 01st December 2019 which mandates all the existing and aspiring Independent Directors to register themselves in the databank. Ministry of Corporate Affairs (MCA) in association with Indian Institute …

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Reverse Merger

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Merger is a legal consolidation of two entities into one as a result of which the ownership, risk, assets, liabilities and functions are also consolidated. The term Merger is not defined in any Act. A merger usually takes place when a smaller company folds into a larger one through exchange of shares or cash. But …

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E-Show cause Notice by MCA

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NEW ERA OF COMPLIANCE MONITORING MCA STARTED USING ARTIFICIAL INTELLIGENCE (AI) TO MONITOR COMPLIANCE UNDER THE COMPANIES ACT, 2013/1956. The AI driven mechanism called MCA Compliance Monitoring System (MCA-CMS) is now functional.  Introduction The present Indian Government is highly determined to improve India’s ranking in the world bank list of ease of doing business. In …

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