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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1. Foreign Trade Policy- 2015-2020 The Central Government has notified the Foreign Trade Policy 2015-20 which shall come into effect from 1st April, 2015. 2. External Commercial Borrowing (ECB) Policy — Review of all-in-cost ceiling RBI through its Circular A.P. (DIR Series) Circular No.80, dated March 03, 2015 has informed the Stakeholders that the all-in-cost
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SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE AND LISTING OF DEBT SECURITIES) (AMENDMENT) REGULATIONS, 2015: SEBI in the notification dated 24th March, 2015 – inserted the following regulation after regulation 17, namely,- “Right to recall or redeem prior to maturity 17A. An issuer making public issue of debt securities may recall such securities prior to
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Particulars Section 186 of Companies Act, 2013 (“the 2013 Act”) Section 372A of Companies Act, 1956 (“the 1956 Act”) Heading of Section Loan and Investment by Company Inter Corporate-Corporate Loans and Advances. Number of Sub-Section 13 9 Restriction on multi layered Investment A Company shall unless otherwise prescribed, make investment through not more than two
Change in Conditions FPI investments in Govt Debt Securities SEBI has vide its circular CIR/IMD/FIIC/2/2015 dated 5th February, 2015 announced that investment of coupons in Government securities will be enabled even when the existing limits for FPIs are fully utilised. FPIs shall be permitted to invest in Government securities, the coupons received on their investments
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The Companies (Registration Offices and Fees) Amendment Rules 2015:In exercise of the powers conferred by Sections 396, 398, 399, 403 & 404 of the Companies Act, 2013, the central Govt has made the following rules on 24th February, 2015 to amend the Companies (Registration Offices & Fees) Rules, 2014. In Rule 10 the following sub-rule
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Foreign Exchange Management Act, 1999 – Import of Goods into IndiaAs per the existing regulations, applications by persons, firms and companies for making payments, exceeding USD 5,000 or its equivalent towards imports into India must be made in Form A-1.Reserve Bank of India has vide its circular RBI/2014-15/467 A. P. (DIR Series) Circular No.76 dated
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Word: Uno flatu Origin: Latin word Meaning: The expression literally means “in one breath”. It is used to criticize inconsistencies in speech or testimony, as in: one says one thing, and in the same breath, says another contradictory thing. Word: Stratum Origin: The word ”stratum” was originated in late 16th century and is singular
Introduction Section 148 of the Companies Act, 2013 (“the Act”) read with Companies (Cost Records and Audit) Rules, 2014 and Companies (Cost Records and Audit) Amendment Rules, 2014 (“Rules”) deals with provisions relating to maintenance of Cost Records and Cost Audit requirement. The Central Government by order has specified certain companies engaged in production of
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Definition:-Corporate governance can be defined as the system by which companies are directed and controlled. Its objective is often stated as being the enhancement of corporate profit and shareholder gain while having regard to the impact that this may have on other stakeholders of the company. BOARD MATTERS:- PRINCIPLE: – Every Company should have an
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