Blogs

Sale of property through General Power of Attorney (GPA) does not constitute a valid sale.

December 29, 2011

SURAJ LAMP & INDUSTRIES PVT LTD v. STATE OF HARYANA & ANR [SC] Special Leave Petition (C) No.13917 of 2009- Section 54...

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Transfer charges will not be treated as administrative charges for effecting change of name of the properties in favour of transferee company by virtue of scheme of Amalgamation

December 29, 2011

M/S. Dabur India Limited (Petitioner) vs. Vishwa Properties Private Limited (Respondent)., Decision by Delhi High Court, on 21st February, 2011 A scheme...

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Conditions for buy-back under Section 77A cannot be applied to a scheme under Sections 100-104 of the Companies Act, 1956

December 29, 2011

Conditions for buy-back under Section 77A cannot be applied to a scheme under Sections 100-104 of the Companies Act, 1956 as they...

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Applicability Of Regulation 10 And Regulation 11 of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations 1997

December 29, 2011

Regulation 3(3) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011 provides that acquisition of shares by any person, such...

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Partner’s Speak

December 1, 2011

Time as he grows old teaches many lessons. Dear Professionals, The core principle of R & A is timely and quality deliverables....

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MINISTRY OF CORPORATE AFFAIRS (MCA)

November 30, 2011

Filing of Balance Sheet and Profit and Loss Account in extensible  Business Reporting Language (XBRL) mode- In partial modification of Para 1...

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Compliance Calendar for the month of December, 2011

November 30, 2011

S. No. Compliance Form to be filed Relevant Law Due date 1. Excise Duty payment GAR 7 Central Excise Rules, 2002, 5th...

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Fast Track Exit mode for defunct companies under Section 560 of the Companies Act, 1956

November 29, 2011

Need for Fast Track Exit Mode: There are a number of companies, which are registered under the Companies Act, 1956, but due...

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Foreign Direct Investment in Retail Sector

November 29, 2011

The retail industry in India is of late often being hailed as one of the sunrise sectors in the economy. AT Kearney,...

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Subterfuge being resorted to by the employer by showing that their Employees are in fact Employees of the Contractor

November 29, 2011

BHILWARA DUGDH UTPADAK SAHAKARI S. LTD V VINOD KUMAR SHARMA (DEAD BY LRS) & ORS(SC) Civil Appeal No. 2585 of 2006 Markandey...

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In case of a Company in liquidation, Plant & Machinery cannot be excluded from Immovable Property

November 29, 2011

GUPTA REFRACTORIES V CONSOLIDATED STEELS & ALLOYS LTD (DEL) Co APP.  21/2009 Vikramajit Sen & Siddharth Mridul, JJ. The Learned Single judge...

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Prior approval of Statutory and Contractual authorities is required for sanction of scheme

November 29, 2011

M/s. Spice Communications Limited & ANR, Decision by Delhi High Court, on 4th July 2011 The Amalgamation of Spice Communications Limited (Spice)...

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RESERVE BANK OF INDIA (RBI)

November 29, 2011

External Commercial Borrowings (ECB) Policy:RBI Vide its circular: RBI/2011 -12/273 A.P. (DIR Series) Circular No. 51 dated 23rd November, 2011 has notified...

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SECURITIES AND EXCHANGE BOARD OF INDIA (SEBI)

November 29, 2011

Increase in FII debt limit in Government & Corporate Debt Category: Government vide press release dated November 18, 2011 has decided to:...

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Legal Jargons

November 29, 2011

Word: Ignorantia juris non excusat Meaning : "Ignorantia juris non excusat" is a Latin Legal term that means "Ignorance of the law...

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Celebration of 15th Foundation Day

November 1, 2011

The 15th Foundation Day of R & A was celebrated with pomp and grandeur at the Chiran Fort Club, Hyderabad on 23rd...

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FDI In Limited Liability Partnership Partnership Firms And Its Concerns

October 31, 2011

As per the extant regulations, Foreign Direct Investment (FDI) is allowed in Companies incorporated in India, Partnership Firms, Proprietary concerns and Trusts...

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SECURITIES AND EXCHANGE BOARD OF INDIA (SEBI)

October 28, 2011

SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011: SEBI in continuation of the circular No SEBI/CFD/DCR/SAST/ 1/2011/09/23 dated September 23, 2011...

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