A Company Secretary holds a key position in the Company as the Compliance Officer of the Company. Though he is an officer in default under Section 5 of the Companies Act, 1956 and primarily responsible for the compliance of the provisions of the Companies Act, 1956, in view of the changes in the regulatory frame …
Introduction As the financial markets have matured over the years, the financial community has come out with various types of innovative financial instruments such as equity shares, preference shares, bonus shares, promissory notes, bonds, debentures, bonus debentures, warrants, option contracts to name a few. Bonus Debenture is an instrument which has been recently introduced by …
The much awaited Companies Bill, 2012 (Bill) was passed by the Lok Sabha on 18th December 2012, replacing the 56-year old Companies Act, 1956. The Bill seeks to consolidate and amend the laws relating to the Companies and intends to improve corporate governance and to further strengthen regulations for corporates. The new law is a …
INTRODUCTION The origin of ‘Trusts’ can be traced back to the ancient times when human motivation to do charity and dedicate property for charitable and religious purposes found its manifestation in the form of dharmashalas, annachatras, sadavarts, educational and medical institutions, construction of water tanks and wells, bathing ghats,implanting trees etc. with the emergence of …
Introduction The present Companies Act in India was enacted in 1956 and has since been amended nearly 20 – 25 times by incorporating several major and minor alterations and also effecting several deletions. Moreover, over the years hundreds of circulars and notifications have also enlarged the scope of the Act. A view has emerged that …
Position of Company Secretaries under the Companies Bill, 2011 Read More »
“Investment Opportunities made more favorable by BSE & NSE for SME Platforms” Leading bourses BSE and NSE launched their SME exchange platforms to enable small and medium enterprises to raise funds and get listed as public entities. While BSE kick-started its SME platform under the brand name of BSE SME Exchange with listing of BCB …
[vc_row][vc_column][vc_column_text]Introduction A Trademark is a name or a logo or a jingle or a piece of original music, the means by which a business makes itself visible in the marketplace. A trademark is “a word, symbol, numeral, combination of colours or a device that is used in trade on goods to indicate the source of …
Evolution Producer Company form of cooperative entity has been introduced in the Indian economy by virtue of the Companies (Amendment) Act, 2002 which is effective from February 6, 2003. The roots of producer company form of an entity can be traced to the recommendations of an expert committee led by a reputed economist, Mr. Yoginder …
[vc_row][vc_column][vc_column_text] What are Micro, Small & Medium Enterprises? Micro, Small & Medium Enterprises often abbreviated as MSME, are small-sized business enterprises defined in terms of their investment. According to the provisions of Micro, Small & Medium Enterprises Development (MSMED) Act, 2006 the Micro, Small and Medium Enterprises (MSME) are classified into two classes. Manufacturing Enterprises …
[vc_row][vc_column][vc_column_text]Introduction: Compliances are a set of rules and requirements dictated by legislation that are compulsory to adhere to. Ignorance of the law is not an excuse. Failure to adhere to legislation can become a costly exercise that can normally be avoided. The responsibility for compliance of the regulations under various statutes is with the directors, …
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