Clarification regarding due date of transfer of shares to IEPF Authority

General Circular No. 15/2016 No. 05/23/2016 Government of India Ministry of Corporate Affairs 5th Floor, "A" Wing, Shastri Bhawan. Dr. R.P. Road New Delhi - 110001 Dated: 07.12.2016 To All Stakeholders, Nodal Officer's (IEPF) of Concerned Companies All Regional Director's & Registrar of Companies of Min of Corp. Affairs Subject: Clarification regarding due date of transfer… Read More

Clarification Regarding Filing of Offline Challans with IEPF Authority under Companies Act

General Circular No. 13/2016 No. 05/05/2016-IEPF Government of India Ministry of Corporate Affairs 5th Floor, "A" Wing, Shastri Bhawan, Dr. R.P. Road New Delhi-11001 Dated:05.12.2016 To All Stakeholders, Nodal Officer's (IEPF) of Concerned Companies, All Regional Director's & Registrar of Companies of Min of Corp. Affairs Subject: Clarification Regarding Filing of Offline Challans with IEPF… Read More

Woman directorship – preceptive or expedient

Woman directorship - preceptive or expedient  “Woman” (Whole of ‘Man’) whenever one heard this inevitable word, the image of mother, sister, friend, girl friend & wife will display in his mind. In the family scenario, especially in case of India, woman is angel of the family. One can’t imagine the life without woman. From the… Read More

Company Secretary (CS) profession

Company Secretary (CS) profession – the game changer Career means what? People opine that career means to study and get ‘good’ degree and get a well paid job or getting engaged in business / profession, which will fulfil all their financial needs. But friendly speaking, according to me and many of the reader here will… Read More

2016 Amendment to the FCRA

2016 Amendment to the FCRA This article briefly examines the 2016 amendment to the Foreign Contribution (Regulation) Act, 2010 (“FCRA”), which allows Indian companies owned/controlled by foreign persons to be excluded from the purview of FCRA and how it directly defeats the very purpose of FCRA. Background The FCRA regulates receipt of foreign contribution from… Read More

Cross-Border Mergers.

Merger and acquisition activity plummeted in 2015. However, a steep rise in the same was expected owing to the renewed bankruptcy legislations. The previously applicable Companies Act, 1956 had been replaced by the Companies Act of 2013, with a view to react to the fast-evolving requirements and financial activities of India’s business models. While ‘merger’… Read More

Tags: Companies Actcross-border mergersIndian Corporate LawM&A

Provisions under Companies Act, 2013

Various Committees and provisions under Companies Act, 2013 1. CSR Committee (Section 135 of Companies Act 2013) Every company having the following criteria shall contribute in every financial year, at least two per cent. Of the average net profits of the company made during the three immediately preceding financial years Net Worth: Rs. 500 Crores    … Read More

Tags: Audit CommitteeCompanies ActCompanies Act 2013Companies AuditorCSR CommitteeInternal auditWomen Director

Pros And Cons of Investing in Fixed Deposits

Pros And Cons of Investing in Fixed Deposits

It would not be an overstatement to say that fixed deposits have been one of the most favoured investment options in India. Although it can be conventional,  it has definitely made a place for itself among other options like mutual funds and real estate etc. Before making any solid investment, it is important to study… Read More

Tags: fd interest ratesfixed deposit calculatorfixed deposit schemesfixed deposit termsfixed deposits indiahighest term deposits

Goods and Services Tax: A quick snippet

The 122nd constitutional amendment marked the beginning of the much awaited and discussed indirect tax reform, GST i.e. Goods and Services Tax which saw the light after being signed by the President and ratified by more than fifty percent of the state legislatures. The basic objective behind this reform was to overcome the intense obstacles… Read More

Workshop on Commercial Contract & Dispute Resolution, 15th Dec – Register Now

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