Corporate Law Reporter - The Daily Journal

Views/Suggestions solicited on SEBI Consultative Paper on Public Issuance of Non-Convertible Debentures having credit rating below Investment Grade

Views/Suggestions solicited on SEBI Consultative Paper on Public Issuance of Non-Convertible Debentures having credit rating below Investment Grade SEBI has placed the Consultation paper on Public Issuance of Non-Convertible Debentures having credit rating below Investment Grade on its website for public comments. We enclose the Consultative Paper for ready reference and seek your views/suggestions on… Read More

RECTIFICATION U/S 154 OF INCOME TAX ACT

RECTIFICATION UNDER SECTION 154 OF INCOME TAX ACT Hello readers, we all understand rectification just as correction in any order passed by Income tax authority concerned so let's review every clause of section 154 in detail with relevant judgement and my significant findings to it. Now you can first read the extract of Act in… Read More

Income–tax (1st Amendment) Rules, 2017

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 6th January, 2017 G.S.R. 14(E).—Inf exercise of the powers conferred by section 139A and section 285BA, read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further… Read More

Guidance Note on Board Evaluation

CIRCULAR SEBI/HO/CFD/CMD/CIR/P/2017/004 January 5, 2017 To All listed entities Sir / Madam, Sub: Guidance Note on Board Evaluation 1. The Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR”) contain broad provisions on Board Evaluation i.e. evaluation of the performance of: (i) the Board as a whole, (ii) individual directors… Read More

Revised GST Enrollment dates

GSTN releases revised schedule for enrollment of existing taxpayers under VAT, Service Tax and Central Excise laws under GST. revised enrollment schedule can be downloaded below: Latest GST Enrollment schedule Read More

5 vital pieces of advice for Trademark Registration in India

Trademark registration gives legal right to the owner of a company to use a particular symbol or logo as the identity of their business. Trademark registration is the first thing an owner should look for after the successful company name registration. To avoid future conflicts because of similarities with the mark of any other organisation… Read More

REDUCTION OF SHARE CAPITAL-PROCEDURE BEFORE NCLT UNDER COMPANIES ACT, 2013

On 07th December, 2016, Ministry of Corporate Affairs (MCA) has vide its Commencement Notification notified various sections of Companies Act, 2013 which includes arbitration, compromise, arrangements and reconstruction and winding up companies which has come into force with effect from 15th December, 2016. The Section 66 which is the governing provision for Reduction of Share… Read More

Cable Television and Copyright Owners

Abstract: ‘TV is galloping in; the country has sixty million homes with TV, of which twenty eight million are cabled, bringing to city and hamlet alike a choice of around a hundred channels. ‘There are now more TV channels available in Mumbai than in most US cities,’ Bill Clinton noted on a trip to the… Read More

Latest Book on Companies Act, 2013 – Corporate Law Referencer

Dear Professional Colleagues ! If you are still using your old Bare Act, it is high time that you moved on from your “Old Bare Act” or just any other regular book on Companies Act and try something different. Corporate Law Referencer believes that normal is boring, hence Companies Act 2013 is presented to you in an… Read More

Revised INC-7 shall be made available on the portal for filing purposes w.e.f 15th January 2017

Vide the Companies (Incorporation) Amendment Fifth Rules, 2016 dated 29th December 2016, INC-2 is deprecated and INC-7 shall be used for incorporating Part I Companies and companies with more than seven subscribers only. The revised INC-7 shall be made available on the portal for filing purposes w.e.f 15th January 2017. For incorporating OPCs and Companies… Read More

Spice FAQs

1. How many names can be applied for in SPICe (INC-32)? Only one. However, for reservation of a name prior to filing SPICe (INC-32), you may use INC-1 (in which up to 6 names can be proposed) and then input the SRN of approved INC-1 into SPICe. 2. What is the mode of grievance redressal?… Read More

Reference to Circular no. FITTC/FII/02/2002 dated May 15, 2002- In regard to credit of proceeds due to write off of securities held by Foreign Portfolio Investors/deemed Foreign Portfolio Investors.

CIRCULAR IMD/HO/FPIC/CIR/P/ 2017/ 001 January 02, 2017 To, All Designated Depository Participants ("DDPs")/ Custodian of Securities All Foreign Portfolio Investors through their designated Custodians of Securities Sir / Madam, Subject : Reference to Circular no. FITTC/FII/02/2002 dated May 15, 2002- In regard to credit of proceeds due to write off of securities held by Foreign… Read More

Companies (Incorporation) 5th amendment rules 2016 dated 29.12.2016

The Ministry of Corporate Affairs has issued the powers conferred by 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 (Incorporation) Rules, 2014, namely: Please click on the below link to download the rules: Companies (Incorporation) 5th amendment… Read More