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December 1, 2014

Management and Administration Title Section 150 to 169 of Companies Act, 1956 Section 88 to 100  of Companies Act, 2013 read with...

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Loans to Directors under Section 185 of Companies Act, 2013

November 7, 2014

Introduction: Section 185 of the Companies Act, 2013 which has been notified on 12th September 2013 has replaced the old section 295...

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SEBI’s bars property giant DLF from Capital Markets

November 7, 2014

Background : DLF Limited (hereinafter referred to as "DLF") came out with an Initial Public Offer ("IPO") in the year 2007 for...

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Labour Law & Other Compliance’s for the month of November, 2014

November 7, 2014

S.No. Compliance Forms to be Filed Relevant Law Due Date 1 Excise Duty payment GAR 7 Central Excise Rules, 2002 5th November,...

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Partners Column

November 7, 2014

Dear Friends! The month of October made every Company Secretary face the biggest challenge of completing the Annual Filings of the Companies...

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MCA Vs RNA during Annual Filings

November 7, 2014

Dear All, "A man's greatest friend is anything which develops his patience"- Arun Jaitley Every CS professional's best friend SHALL be MCA....

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Rights Issue Under Companies Act, 2013

November 7, 2014

Introduction:- A rights issue is  a direct offer of shares to all the existing shareholders of the Company in proportion to their...

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MINISTRY OF CORPORATE AFFAIRS (MCA)

November 7, 2014

1.   Company Law Settlement Scheme, 2014 (CLSS-2014) - Clarification u/s 164(2) of the Companies Act, 2013 MCA has vide its Circular no.41/2014...

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RESERVE BANK OF INDIA (RBI)

November 7, 2014

1. Memorandum of Instructions for Opening and Maintenance of Rupee / Foreign Currency Vostro Accounts of Non-resident Exchange Houses RBI  has vide...

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Securities Exchange Board of India (SEBI)

November 7, 2014

1.  Clarification on Government Debt Investment Limits SEBI has issued a circular CIR/IMD/FIIC/19/2014 dated 9th October, 2014 which clarifies that all investments...

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Comparison of Definition of Deposit under Companies Act, 1956 & Companies Act, 2013

November 7, 2014

Companies(Acceptance of Deposits)Rules, 1975 Companies(Acceptance of Deposits)Rules, 2014 Changes in the New Act. Definition: (Rule 2 (b) ) Deposit means any deposit...

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RESERVE BANK OF INDIA (RBI)

October 9, 2014

1. Foreign Direct Investment (FDI) in India – Issue of equity shares under the FDI Scheme against legitimate dues: An Indian company...

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Securities Exchange Board of India (SEBI)

October 9, 2014

SEBI Amendments to Clause 49 of Equity Listing Agreement – SEBI has vide its circular CIR/CFD/POLICY CELL/7/2014 dated September 15, 2014 made...

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MINISTRY OF CORPORATE AFFAIRS (MCA)

October 9, 2014

1. National Advisory Committee on Accounting Standards - In exercise of the powers conferred by sub-section (1) of section 210A of the...

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Compliance Calendar as per the Listing Agreement for the quarter ended on 30th September, 2014

October 9, 2014

S. No Activities Sections /Rules /Clauses, etc. Acts / Regulations, etc. Compliance Due Date 1 Compliance Certificate on Corporate Governance Clause 49...

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Indonesia’s Code of Good Corporate Governance

October 9, 2014

A. Purpose of the Code The Code of Good Corporate Governance of Indonesia, hereinafter called the GCG Code, is a living instrument...

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Let’s Compare

October 8, 2014

Auditors S No Title The Companies Act, 2013 The Companies Act, 1956 1 Appointment of First Auditor Section 139   Board shall...

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Partners Column

October 8, 2014

Dear Friends, By now, most of you would have enjoyed the long weekend celebrating Gandhi Jayanthi, Dussehra, Floral Bathukamma and Bakrid. It...

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