MCA notifies Section 10 of Companies (Amendment) Act, 2017

  Government of India Ministry of Corporate Affairs Notification New Delhi, the 7th August ,2018 S.O.______(E).- In exercise of the powers conferred by sub-section (2) of section 1 of the Companies (Amendment) Act, 2017 (1 of 2018), the Central Government hereby appoints the 7th day of August, 2018 as the date on which the provisions of… Read More

Can Robots Manage Your Compliances?

Artificial Intelligence (AI) has been a fascinating concept of science fiction for decades, but now we are finally getting to see AI as a reality. Artificial Intelligence, also called machine learning, is the ability of computer systems to perform tasks normally requiring human intelligence and where computers automatically learn from past data and keep becoming… Read More

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MCA invites comments on Draft Companies (Cost Records and Audit) Amendment Rules, 2018

Government of India Ministry of Corporate Affairs NOTICE INVITING COMMENTS ON THE DRAFT COMPANIES (COST RECORDS AND AUDIT) AMENDMENT RULES, 2018 Dated: 6th August, 2018 Pursuant to introduction of GST, the Companies (Cost Records and Audit) Rules, 2014 are to be amended to incorporate resultant changes. Accordingly, the Draft Companies (Cost Records and Audit) Amendment Rules,… Read More

Specific Relief (Amendment) Act, 2018 notified

THE SPECIFIC RELIEF (AMENDMENT) ACT, 2018 NO. 18 OF 2018 An Act further to amend the Specific Relief Act, 1963. BE it enacted by Parliament in the Sixty-ninth Year of the Republic of India as follows:— 1. (1) This Act may be called the Specific Relief (Amendment) Act, 2018. (2) It shall come into force… Read More

Govt.notifies the Negotiable Instruments (Amendment) Act, 2018

THE NEGOTIABLE INSTRUMENTS (AMENDMENT) ACT, 2018 NO. 20 OF 2018 [2nd August, 2018.] An Act further to amend the Negotiable Instruments Act, 1881. BE it enacted by Parliament in the Sixty-ninth Year of the Republic of India as follows:— 1. (1) This Act may be called the Negotiable Instruments (Amendment) Act, 2018. (2) It shall… Read More

Third Bi-monthly Monetary Policy Statement, 2018-19:RBI

On the basis of an assessment of the current and evolving macroeconomic situation at its meeting today, the Monetary Policy Committee (MPC) decided to: increase the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points to 6.5 per cent. Consequently, the reverse repo rate under the LAF stands adjusted to 6.25… Read More

RBI releases third Statement on Developmental and Regulatory Policies, 2018-2019

This Statement sets out various developmental and regulatory policy measures for strengthening regulation and financial inclusion initiatives; broadening and deepening of the financial markets; and, enhancing customer education and protection. I. Regulation and Financial Inclusion 1. Extension of MSF to Scheduled Primary (Urban) Cooperative Banks, and extension of LAF and MSF to Scheduled State Cooperative… Read More

MCA notifies Companies (Accounts) Amendment Rules, 2018

Ministry of Corporate Affairs  Notification New Delhi, the 31 July, 2018 G.S.R. (E)- In excercise of the  powers conferred by section134 read with section 469 of  the companies Act, 2013(18 of 2013), Companies Act, 2013(18 of 2013), the  central government hereby makes the following rules further to amend the Companies (Accounts) Rules, 2014, namely:- 1. (1) These… Read More

Govt. constitutes National Company Law Tribunal, Kochi Bench at Kochi

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 27th July, 2018 S.O. 3683(E).—In exercise of the powers conferred by sub-section (1) of section 419 of the Companies Act, 2013 (18 of 2013), the Central Government hereby constitutes the National Company Law Tribunal, Kochi Bench at Kochi and for the said purpose hereby makes the following… Read More

MCA notifies Companies (Incorporation) Third Amendment Rules, 2018

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 27th July, 2018 G.S.R. 708(E).—In exercise of the powers conferred by section 3, sub-section (1) of section 7 and sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies… Read More

Govt. notifies Securities Contracts (Regulation) (Amendment) Rules, 2018

MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 24th July, 2018 G.S.R. 675(E).—In exercise of the powers conferred by section 30 of the Securities Contracts (Regulation) Act, 1956 (42 of 1956), the Central Government hereby makes the following rules further to amend the Securities Contracts (Regulation) Rules, 1957, namely:— 1. Short title… Read More

MCA commences section 5 aand 6 of Companies (Amendment) Act, 2017

Government of India Ministry of Corporate Affairs Notification New Delhi, the 27th July, 2018 S.O. -(E).- In exercise of the powers conferred by subsection (2) of section 1 of the Companies (Amendment) Act, 2017 (1 of 2018), the Central Government hereby appoints the day of 27th July, 2018 as the date on which the following… Read More

Diversification of activities of Standalone Primary Dealers-Foreign Exchange Business

RBI/2018-19/27 DNBR (PD) CC.No.094/03.10.001/2018-19 July 27, 2018 All Standalone Primary Dealers Madam/Sir, Diversification of activities of Standalone Primary Dealers-Foreign Exchange Business Please refer to Para 11 of the Statement on Developmental and Regulatory Policies issued as part of the Second Bi-monthly Monetary Policy Statement for 2018-19, dated June 06, 2018, on expanding activities of Standalone Primary… Read More

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