System for Making Application to Public issue of Debt Securities : SEBI vide circular CIR. /IMD/DF-1/20/2012 dated July 27, 2012 has decided the following in order to facilitate a system for making online applications for public issue of debt securities and to reduce the timelines of the issue process for public issue of debt securities: …
Word: Necessitas publica major est quam private Meaning : “Necessitas publica major est quam private” is a Latin Legal term that means public necessity is greater than private. This means that Public necessity always prevails against private necessities. When applied to criminal law, a man’s necessity to preserve one’s life will be defeated by state’s …
The global recession has affected the entire world economy, with higher detriment in some countries than others. It is a major global recession characterized by various systemic imbalances. The economic side effects of the European sovereign debt crisis accompanied with slowing US growth continues to provide obstacles to world economic growth. There are two senses …
Case/Question decided: Pursuant to Right to Information Act, Mr. X approached Registrar of Companies (ROC), requesting him to provide some information/documents maintained by them under Section 610 of the Companies Act 1956. The ROC officials replied to Mr. X that the required information is available in the public domain (namely on MCA website) and even …
Registrar of Companies & ORS vs. Dharmendra Kumar Garg & ANR (DEL) Read More »
Case/Question decided: If a Public Authority like SEBI receives any document/information during the course of its statutory duties, can they be considered to be received in “fiduciary relationship” and can it be treated to be the information exempted under Section 8(1)(e) of the Right to Information Act 2005, which entitles the Public Authority to deny …
S.No. Compliance Forms to be Filed Relevant Law Due Date 1. Excise Duty payment GAR 7 Central Excise Rules, 2002, 5th August 2. Payment of service tax to the department GAR 7 Service Tax Rules, 1994 5th August 3. Profession Tax Monthly Return Form V Andhra Pradesh Tax on Professions, Trades, Callings and Employments Act, …
The petitioner (Nivedita Sharma) was allotted 5(five) ICICI bonds on 15.7.1996 at a price of Rs.5200/- each bearing the face value of Rs. 2,00,000/- each, consisting of an option for premature redemption and with surrender date of 15.7.2021. The petitioner on 2nd March, 2009 wrote to the ICICI for redemption of her bonds. But ICICI …
Listed below are the Compliance’s for the month of July, 2012 S. No. Compliance Clause / Regulation No./Forms Agreement / Regulations etc. Compliance Due Date 1. Excise Duty payment GAR 7 Central Excise Rules, 2002 5th July 2. Payment of Service Tax GAR6 Service Tax Rules, 1994 5th July 3. Professional Tax Monthly Return Form …
Compliance Calendar for Listed Companies for the quarter ended on 30th June, 2012 S.No Activities Clause/ Regula-tion No. Agreement/ Regulation etc. Compliance Due Date 1. Compliance Certificate on Corporate Governance Clause 49 Listing Agreement 15th July 2. Shareholding Pattern Clause 35 Listing Agreement 21st July 3. Intimation for holding of Board Meeting for considering the …
Compliance calendar for Listed Companies for the Quarter ending 30th June, 2012 Read More »
Bonafide: Meaning : in good faith Example : All the Directors must act bonafide for the benefit of the company as whole. Pronunciation : Bo-na-fi-de Ceteris paribus: Meaning : all other things being equal. Example : When a demand for certain product is more than supply ‘ceteris paribus‘ price of that product will rise. …
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