Foreign Direct Investment in Agriculture Sector

The global expertise and knowledge are also much needed to develop this growing sector. 100 per cent foreign direct investment (FDI) is allowed under automatic route in Floriculture, Horticulture, Development of Seeds, Animal Husbandry, Pisciculture, Aquaculture and Cultivation of Vegetables and Mushrooms under controlled conditions and services related to agro and allied sector. Besides the above, FDI …

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Role of Corporate Sector in Agri

[vc_row][vc_column][vc_column_text]The corporate sector has an important role to play in generation and diffusion of technology in the years to come. This can be a major driver of change in Indian agriculture. However, technological advancement alone, without access to markets, is  not sufficient to bring about a revolutionary change. We have to accept the fact that the technological infusion …

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The foreign trade(development and regulation) AMENDMENTACT, 2010

In 1992, the Government enacted the Foreign Trade (Development and Regulation)  Act, 1992 (‘the principal Act’) to enable development and regulation of foreign trade by facilitating imports and enhancing exports from India. In order to address certain requirements like bringing in tighter export/ trade control in case of goods and related technologies, ensure conformity with India’s commitments to WTO/ …

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Seminar on ‘IPO & Private Equity Conclave

A seminar was organised by Achromic Point Consulting an International consulting firm on ‘IPO & Private Equity Conclave’ on 15th April, 2011 at Hotel Eros Intercontinental Delhi where we ‘R & A Associates’ were the knowledge partners. The seminar was not only informative but also provided a great opportunity to network, exchange views and discuss …

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Clarification in respect of Circular No. 02/2011

Companies have been seeking clarification from MCA about the exemption granted under Section 212 (8) of the Companies Act, 1956, vide its Circular No. 02/2011 dated 08th February, 2011. The MCA has vide Circular No. 22/2011 dated 2nd May, 2011 clarified that all the Companies whether listed or unlisted, have to fulfill all the Conditions mentioned in the Circular for availing the …

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Approved agency to provide electronic platplatform for electronic voting for postal ballot

Another Circular on the path of Green Initiative. MCA has clarified  vide circular No. 21/2011 dated 2nd May, 2011 that only a duly approved agency will have to be appointed for providing and supervising electronic platform for electronic voting for postal ballot. Accordingly, The National Securities Depository Limited (NSDL) and the Central Depository Services (India) Limited are being approved …

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E-Form 32 for intimating ROC regarding the particulars of appointment of Directors, etc

Form 32 for intimating ROC regarding the particulars of appointment of Directors, etc and changes therein in pursuant to Section 303 (2) of the Companies Act, 1956, will now be processed under Straight Through Process (STP) mode and the practicing professionals like CS, CA and CWA have to certify the correctness of the form. The details are available in the …

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Marking the Companies having management dispute

In the present system there is a facility with the ROC, to mark the Companies having management dispute on the basis of complaints received. As a result of this marking, all the forms filed  for such company are not approved and  put under work-in progress, until it is demarked by the ROC. In order to bring uniformity of  practices …

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Green initiatives in the Corporate Governance

Ministry of Corporate Affairs has vide Circular No. 17/2011 dated 21st April 2011 taken a ‘Green initiative in the Corporate Governance’ by allowing paperless compliances by the companies after considering Section 2, 4, 5 and 81 of the Information and Technology Act, 2000 for legal validity of compliances under Companies Act through electronic mode. It has been clarified that if the …

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