Author name: ithelp

Legal Jargons

Word: res communis Origin: Latin word Meaning: common to all Example: Property constructs like airspace and water rights are said to be res communis – that is, a thing common to all, and that could not be the subject of ownership. Water is a bit more defined — it is common until captured   Word: …

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Company Secretary – Roles and Responsibilities

The provisions pertaining to appointment of Company Secretaries are given under Section 203 and the Rules under Chapter XIII of Companies Act, 2013. 1. ESSENCE: A company secretary is responsible for the efficient administration of a company, particularly with regard to ensuring compliance with statutory and regulatory requirements and for ensuring that decisions of the …

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Partners Column

It is now more than a year since the Companies Act, 2013 (CA 2013) became effective, replacing the nearly six-decade old Companies Act, 1956 (CA 1956). The CA 2013 seeks to strengthen corporate governance framework in Corporate India. The new law is being implemented in phases and a few sections are yet to become effective. …

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SHAHIREAL TECH PVT LTD (Petitioner) V/S CELEBRATION CITY PROJECTS PVT LTD (Respondent)

Companies Petition No: 148 of 2014 Case Decided On: 13-01-2015 Brief Facts: The Petition was filed by the SHAHIREAL TECH PVT LTD (herein after referred as Petitioner) seeking winding up of the CELEBRATION CITY PROJECTS PVT LTD (herein after referred as Respondent) for the alleged failure to pay the sum Rs. 17,26,41,591/- The contention of …

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Compliance Calendar For Listed Companies For The Quarter Ended On 31st March, 2015

S.No. Activities Sections / Rules / Clauses, etc. Acts / Regulations, etc. Compliance Due Date 1. Compliance Certificate on Corporate Governance Clause 49 Listing Agreement 15th April, 2015 2. Share holding Pattern Including details of pledge by Promoters. Clause 35 Listing Agreement 21st April, 2015 Note: Kindly Check whether the format provided by the RTA is in …

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MINISTRY OF CORPORATE AFFAIRS (MCA)

1. The Companies (Acceptance of Deposits) Amendment Rules, 2015: In exercise of the powers conferred by Sections 73 and 76 read with sub-section (l) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government has made the following rules further to amend the Companies (Acceptance of Deposits) Rules, 20 I 4., …

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