Unlisted Indian Companies allowed on a pilot basis for a period of two years to list and raise capital abroad without the requirement of prior or subsequent listing in india: Ministry of Finance (MoF), has vide its notification (number GSR 648[E][F.No.4/13/2012-ECB], 2013) dated 11 October 2013 (Notification), amended the Issue of Foreign Currency Convertible Bonds […]
MINISTRY OF FINANCE Read More »
Introduction: As the cities are rapidly growing there is a need to create the required infrastructure for smooth flow of traffic and to provide all the requisite amenities such as electricity, water, education etc. Rapid urbanization and growth has forced government to acquire land for executing the infrastructure projects. Due to inadequacy of proper legal
Harmonization of the varying interests through the new land acquisition law Read More »
The fastest way to pass your own expectations is to add passion to your labour – Mike Litman Greetings from R & A! The month of September is the busiest month for Corporate and Professionals. Companies have been busy with their Annual General Meetings, Income Tax filings, Compliance Audits, Cost Audits etc., and professionals were
LABOUR LAW& OTHER COMPLIANCE’S FOR THE MONTH OF OCTOBER 2013 S.No. Compliance Forms to be Filed Relevant Law Due Date 1 Excise Duty payment GAR 7 Central Excise Rules, 2002 5thOctober,2013 2 Payment of service tax to the department GAR 7 Service Tax Rules, 1994 5th October 2013 3 Service Tax Voluntary Compliance Encouragement Scheme,
Compliance Calender for October, 2013 Read More »
INTRODUCTION The change in the 57 years old legislation has shown a very illuminating light towards corporate development as it has brought about a more realistic approach to the present increasing corporate frauds and discrepancies. One of the major steps taken by the Indian legislature in order to do away with such problems is inclusion
Blazoning the concept of class action suits under the companies act, 2013 Read More »
In the earlier issue we have discussed on Section 13 of the Companies Act, 1956 and in the present issue we shall proceed with section 17 which deals with the alteration of Objects clause in the Memorandum of Association. Query # 1 : If the business remains substantially same and additions, alterations and changes are
Word :” Affiant” Meaning : A person who swears to an affidavit.. Example : When this form is completed, signed by the affiant and notarized, it will be used as evidence in the matter in caption. Word : “Cartel” Meaning : A group of individuals united in a common cause Example : Old monopolies and
W.P. (C) 9003/2011 Decided on: 23rd July, 2013 Companies Act, 1956 – Section 210 – extension of accounting period – whether the decision is required to be taken within 3 months – Held, No. Brief Facts: Section 210 of the Companies Act, 1956 to the extent it is relevant for our purpose requires a company
Dinesh Saini V. Uoi & Ors[Del] Read More »
Amendment to bye-laws of recognised stock exchanges with respect to non-compliance of certain listing conditions and adopting Standard Operating Procedure for suspension and revocation of trading of shares of listed entities for such non compliances. SEBI vide its circular CIR/MRD/ DSA / 31 /2013 dated September 30, 2013 has decided to streamline the processes and
SECURITIES AND EXCHANGE BOARD OF INDIA Read More »
Opening of Trading Office / Non-Trading Office / Branch Office/ Representative Office abroad- RBI had vide its notification informed that the, statement in Form ORA was to be submitted to the Regional Offices of Reserve Bank on half yearly basis instead of on a monthly basis by the Authorized Dealers. RBI has now vide its
RESERVE BANK OF INDIA Read More »