P. (DIR Series) Circular No. 77 [(2)/10(R)] – Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) Regulations, 2015 As a part of Government’s initiative for startups, it has been decided that Indian startups having overseas subsidiaries may open foreign currency account with a bank outside India for the purpose of crediting …
CIRCULAR- SEBI/HO/MRD/DP/CIR/P/2016/58 June 07- 2016 Subject: Investor Protection Fund (IPF) of Depositories The Depository System Review Committee (DSRC) had examined various aspects of the depository IPF including utilization and investment policy of IPF and quantum of funds to be transferred to IPF. The Expert Committee on Clearing Corporations also deliberated the issue with regard to …
Notifications O. 1936(E) – Transfer of matters or proceedings or cases pending before the Company Law Board to National Company Law Tribunal 01-06-2016 —In exercise of the powers conferred by section 434 (1) (a) of the Companies Act, 2013 (18 of 2013), the Central Government hereby appoints the 01st day of June, 2016, on which …
Dear Friends, India is on work-in-Progress. Mr. Narendra Modi who took charge on May 26, 2014 as the Prime Minister of India has recently celebrated his party’s two years’ journey. Though lot needs to be done yet, the progress achieved so is far by keeping Aam Aadmi hopeful of Ache Din. Industry lobbying body ASSOCHAM …
I. INTRODUCTION: Section 12 and 13 of the Companies Act, 2013 and Companies (Incorporation) Rules, 2014 states the law and procedure regarding having a registered office of the Company and shifting of registered office of the Company. Provisions and procedures relating to shifting of Registered Office (RO) from one state to another state are as …
Shifting Of Registered Office Of The Company From One State To Another Read More »
I. Parties to the Case: Informant 1: Actuate Business Consulting Private Limited Informant 2: Abha Kathuria Kohli (Daughter of Mr. Narendra Nath Kathuria, MD of Informant 1) AND Opposite Party: Ambika Trading & Construction Private Limited. II. Gist of the relevant provisions of the Act noted in the Case: Section 4: Abuse of …
Competition Commission Of India – Order Under Section 26(2) Of Competition Act, 2002 Read More »
S. No. Compliance Forms to be Filed Relevant Law Due Date 1 Excise Duty payment GAR 7 Central Excise Rules, 2002 5th June 2016 2 Payment of service tax to the department GAR 7 Service Tax Rules, 1994 5th June 2016 3 Tax Deducted at Source Payment Challan No./ITNS 281 Income Tax Act, 1961 7th …
I. Introduction: Set of corporate governance principles and rules of conduct applicable to the relationships between listed companies and their market environment, the “Best Practice for GPW Listed Companies 2016” is an important contributor to the companies’ competitive position and a key driver of the attractiveness of the Polish capital market. The “Best Practice for …
POLAND – Best Practice for GPW Listed Companies 2016 Read More »
I. INVESTIGATION INTO AFFAIRS OF COMPANY (SECTION 210): Where the Central Government is of the opinion, that it is necessary to investigate into the affairs of a company,— on the receipt of a report of the Registrar or inspector; on intimation of a special resolution passed by a company that the affairs of the company …
Particulars Companies Act, 2013 Companies Act, 1956 Audit Committee Section 177 Section 292A Applicability Every listed companies and all public companies with a paid up capital of Rs. 10 Crores or more; all public companies having turnover of Rs. 100 Crores or more; all public companies, having in aggregate, outstanding loans or borrowings or …
Constitution of Audit Committee as per Companies Act, 2013 & Companies Act, 1956 Read More »
Don’t miss our future updates! Get Subscribed Today!