1. Exclusively listed companies of De-recognized/Non operational/exited Stock Exchanges. SEBI has issued a circular CIR/MRD/DSA/05/2015 dated 17th April, 2015 wherein it has clarified that the exclusively listed companies which fail to obtain listing in any other nationwide stock exchange will cease to be a listed company and will be moved to the dissemination board by …
1. Interest Rates on Deposits RBI has vide its circular RBI/2014-15/554 DBR.No.Dir.BC.87/13.03.00/2014-15 dated 16th April, 2015 stated that banks are allowed to offer differential rates of interest on term deposits on the basis of tenor for deposits less than Rs.1 crore and on the basis of quantum and tenor on term deposits of Rs. 1 …
1. The Companies ( Incorporation) Amendment Rules, 2015 MCA has vide its Notification dated 1st May, 2015 made amendments to Companies Incorporation Rules wherein the process of incorporation of company has been integrated. The application for allotment of DIN upto 3 directors, reservation of name, incorporation of company and appointment of directors of the proposed company …
1. The Companies (Acceptance of Deposits) Amendment Rules, 2015: In exercise of the powers conferred by Sections 73 and 76 read with sub-section (l) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government has made the following rules further to amend the Companies (Acceptance of Deposits) Rules, 20 I 4., …
1. Foreign Trade Policy- 2015-2020 The Central Government has notified the Foreign Trade Policy 2015-20 which shall come into effect from 1st April, 2015. 2. External Commercial Borrowing (ECB) Policy — Review of all-in-cost ceiling RBI through its Circular A.P. (DIR Series) Circular No.80, dated March 03, 2015 has informed the Stakeholders that the all-in-cost …
SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE AND LISTING OF DEBT SECURITIES) (AMENDMENT) REGULATIONS, 2015: SEBI in the notification dated 24th March, 2015 – inserted the following regulation after regulation 17, namely,- “Right to recall or redeem prior to maturity 17A. An issuer making public issue of debt securities may recall such securities prior to …
Change in Conditions FPI investments in Govt Debt Securities SEBI has vide its circular CIR/IMD/FIIC/2/2015 dated 5th February, 2015 announced that investment of coupons in Government securities will be enabled even when the existing limits for FPIs are fully utilised. FPIs shall be permitted to invest in Government securities, the coupons received on their investments …
The Companies (Registration Offices and Fees) Amendment Rules 2015: In exercise of the powers conferred by Sections 396, 398, 399, 403 & 404 of the Companies Act, 2013, the central Govt has made the following rules on 24th February, 2015 to amend the Companies (Registration Offices & Fees) Rules, 2014. In Rule 10 the following …
Foreign Exchange Management Act, 1999 – Import of Goods into India As per the existing regulations, applications by persons, firms and companies for making payments, exceeding USD 5,000 or its equivalent towards imports into India must be made in Form A-1. Reserve Bank of India has vide its circular RBI/2014-15/467 A. P. (DIR Series) Circular …
1. Companies (Corporate Social Responsibility Policy) Amendment Rules 2015 : In exercise of the powers conferred under Section 135 and sub-sections (1) & (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government has made the rules further to amend the Companies (Corporate Social Responsibility Policy) Rules, 2014. – 1. …
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