‘Doing good is not a private act between a bountiful giver and a grateful receiver, it is a prudent social act.’ – Benjamin Franklin The practice of Corporate Social Responsibility (“CSR”) as a paradigm for organizations and businesses to follow has evolved from its early days as a slogan that was considered trendy by some …
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A. Companies (Incorporation) Amendment Rules, 2017 On 25th January, 2017, the Central Government of India, in exercise of powers conferred under section 469 read of the Companies Act, 2013 has notified the Companies (Incorporation) Amendment Rules, 2017. Such rules have been made effective from 30th January 2017. Under the above-mentioned rules following changes have been …
A. Securities and Exchange Board of India (Foreign Portfolio Investors) (Amendment) Regulations, 2017 On 12th January 2017, SEBI has issued a notification amending the SEBI (Foreign Portfolio Investors) Regulations, 2014. Under the said notification following changes have been made: Regulation 21 – Investment restrictions: Sub-regulation 1(a) – for the words “Securities in the primary and …
A. Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Fifteenth Amendment) Regulations, 2016 Vide its notification dated January 10, 2017, RBI has made the following amendments to the in the Foreign Exchange Management (Transfer or issue of Security by a Person Resident outside India) Regulations, 2000: Regulation 2 – …
Reserve Bank of India Petitioner(s). VS Jayantilal N. Mistry Respondent(s). Citation Civil Petition No.707 of 2002 Court Supreme Court of India I. Key Note of the Case: Whether the Reserve Bank of India has rightly refused to disclose information on the ground of its fiduciary relationship with bank. II. Facts of the Case: The respondent sought …
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I. Introduction: India is one of the major destination for conducting clinical trials. The Drug Controller General of India (DCGI) is the governing body responsible for all pharmaceutical-research and regulatory issues in India. While conducting clinical trials in India, regulations have come to ensure safety and wellbeing of the study subjects in the trial. In …
S. No. Compliance Forms to be Filed Relevant Law Due Date 1 Excise duty payment GAR 7 Central Excise Rules, 2002 5th January 2017 2 Payment of service tax to the department GAR 7 Service Tax Rules, 1994 6th January 2017 3 Tax Deducted at Source payment challan No./ITNS 281 Income Tax Act, 1961 7th …
(Provisions of this code override the existing laws on matters pertaining to insolvency and bankruptcy) I. Introduction: The Insolvency and Bankruptcy Code, 2016 (“IBC” or “Code”) was passed in order to consolidate and amend the existing legal framework available to deal with the insolvency and bankruptcy matters. The IBC offers a comprehensive and uniform mechanism …
“Wishing you all a very Happy and Prosperous New Year-2017!!” “Effectiveness of policy also depends on implementation; ideas alone don’t lead to desired outcomes.” After Prime Minister Mr. Narendra Modi announcing withdrawal of higher currency as legal tender to curb black money, finance minister Mr. Arun Jaitley added a new gloss to the decision. He announced …
S. No Activities Regulations Acts / Regulations, etc. Compliance Due Date 1. Statement on Investor Complaints: Specifying the number of investor complaints pending at the beginning of the quarter, those received during the quarter, disposed of during the quarter and those remaining unresolved at the end of the quarter. 13(3) SEBI Listing Regulations 2015 21st January, …
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