Legal Updates - Corporate Law Reporter

FAQs on SEBI (Delisiting Of Equity Shares) Regulations, 2009

FREQUENTLY ASKED QUESTIONS ON SEBI (DELISITING OF EQUITY SHARES) REGULATIONS, 2009 These FAQs offer only a simplistic explanation/clarification of terms/concepts related to the SEBI (Delisting of Equity Shares) Regulations, 2009 [“Delisting Regulations, 2009”]. Any such explanation/clarification that is provided herein should not be regarded as an interpretation of law nor be treated as a binding… Read More

Notice – inviting public comments on the draft amendments in the Chartered Accountants Regulations, 1988

21st April, 2016 Sub: Notification - inviting public comments on the draft amendments in the Chartered Accountants Regulations, 1988 arising out of Revised Scheme of Education and Training. The Central Government has accorded its in-principle approval to the draft amendments in the Chartered Accountants Regulations, 1988 arising out of the Revised Scheme of Education and… Read More

Relaxation of additional fee for filing e-forms

The relaxation of additional fee waiver vide General Circular No.03/2016 dated 12th April 2016 has been implemented in MCA21 system w.e.f. 21st April 2016. Users may kindly plan their filings accordingly. Read More

New versions of forms AOC-4, INC-27 and MGT-7 available on MCA21

Forms AOC-4, INC-27 and MGT-7 have been recently updated on MCA21 Company Forms page. Stakeholders are advised to check the latest version before filing Read More

Accounting Treatment of Enhanced Provision of Pension Scheme

Ref:IRDA/F&A/CIR/ACTS/077/04/2016 Date:18-04-2016 Accounting Treatment of Enhanced Provision of Pension Scheme The pay revision of the officers and employees has been carried out by the Public Sector General Insurance Companies in the year 2015-16 consequent upon the Gazette Notification dated 23.01.2016 issued by the Ministry of Finance. By virtue of the Gazette Notification no. 233(E), 234(E)… Read More

Amendments in the Compensatory Afforestation Fund Bill, 2015

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi today gave its approval to move official amendments in the Compensatory Afforestation Fund Bill, 2015. The legislation will ensure expeditious utilization of accumulated unspent amounts available with the ad hoc Compensatory Afforestation Fund Management and Planning Authority (CAMPA), which presently is of the order… Read More

MCA notifies new versions of forms DIR-3, FC-1, INC-28, SH-7

Forms DIR-3, FC-1, INC-28, SH-7 have been recently updated on MCA21 Company Forms page. Stakeholders are advised to check the latest version before filing. Read More

Public Announcement for the Attention of the public Shareholders Of DFM Foods Limited

PUBLIC ANNOUNCEMENT UNDER REGULATION 15(1) OF THE SEBI (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011 FOR THE ATTENTION OF THE PUBLIC SHAREHOLDERS OF DFM FOODS LIMITED OPEN OFFER FOR ACQUISITION OF 26,10,836 EQUITY SHARES (AS DEFINED BELOW) FROM THE EQUITY SHAREHOLDERS OF DFM FOODS LIMITED (“TARGET COMPANY”) BY ARAVALI INVESTMENT HOLDINGS (“ACQUIRER”) ALONG WITH… Read More

Ease of doing construction business in Delhi and Mumbai

Progress on ease of doing construction business in Delhi and Mumbai reviewed DIPP lauds 4-page Common Application Form introduced by MCDs Substantial progress in integration of approvals by different agencies in Delhi The three Municipal Corporations of Delhi have reported substantial progress in respect of ensuring single window clearences for construction projects in the stipulated… Read More

Cost Accounting Standards Board (CASB) releases Exposure Draft of Guidance Note on ‘Treatment of Costs Relating to Corporate Social Responsibility (CSR) Activities ‘

19th April 2016 Cost Accounting Standards Board (CASB), the standard-setting body of the Institute, has approved the release of Exposure Draft of Guidance Note on ‘Treatment of Costs Relating to Corporate Social Responsibility (CSR) Activities’ in its 82nd meeting held on 16th March 2016. The exposure draft is hosted on the Institutes website for… Read More

MCA notifies new versions of e-forms DIR-3 and DIR-6

Ministry of Corporate Affairs has notified new versions of e-forms DIR-3 (Application for allotment of Director Identification Number) DIR-6 (Intimation of change in particulars of Director to be given to the Central Government). Stakeholders are advised to download the latest version before filing. Only new version of the e-form will be acceptable. Form - wise… Read More

Registrar of Trade Mark issues further public notice in relation to abandonment of Application of Trade Marks

GOVERNMENT OF INDIA Ministry of Commerce & Industries Office of the Controller General Patents, Designs and Trademarks Boudhik Sampada Bhawan, S. M. Road, Antop Hill, Mumbai 400037 CG/Public Notice-/2016-17/ Date: 11/04/2016 Public Notice Trade Marks Registry has treated many applications as abandoned under Rule 38 (5) of the Trade Marks Rules 2002, in cases where… Read More

Discussion Paper on Distribution of Cash benefits through Depositories

Consultation Paper on Distribution of Cash Benefits through Depositories For investments in various securities, investors receive cash benefits such as dividend, interest and redemption payments. At present, cash benefits are distributed directly by issuer companies to the investors mostly through their Registrar and Transfer Agents (RTAs). Though this model has worked fine, there is further… Read More