NCLT (Amendment) Rules, 2016

The Ministry of Corporate Affairs has issued in exercise of the Powers conferred by sub sections (1) and (2) or section 469 or the Companies Act, 2013 (18 of 2o13), the Central Government hereby makes the following rule further to amend the National Company Law Tribunal Rules,2016 Please click on below to download the rules: NCLT (Amendment) Rules Read More

Guidelines for public issue of units of REITs

CIRCULAR CIR/IMD/DF/136/2016 December 19, 2016 To All Real Estate Investment Trusts (REITs) All Parties to REITs All Stock Exchanges All Merchant Bankers Dear Sir / Madam, Sub: Guidelines for public issue of units of REITs 1. SEBI (Real Estate Investment Trusts) Regulations, 2014 (“REIT Regulations”)provides as under: a) Regulation 14(24) states that ‘The Board may… Read More

Enhanced Supervision of Stock Brokers / Depository Participants

Securities and Exchange Board of India CIRCULAR SEBI/HO/MIRSD/MIRSD2/CIR/P/2016/138 December 20, 2016 The Managing Directors of all Recognized Stock Exchanges and Depositories Dear Sir/Madam Sub: Enhanced Supervision of Stock Brokers / Depository Participants Please refer to SEBI Circular No. SEBI/HO/MIRSD/MIRSD2/CIR/2016/95 dated September 26, 2016 regarding the captioned subject. Following representations from Exchanges as well as market… Read More

Discontinuation of E-Forms INC-2 & INC-7 and mandatory implementation of SPICe Forms

Stakeholders may kindly note that existing INC-2 and INC-7 eforms are likely to be withdrawn from the MCA portal shortly. Stakeholders will then have to use only SPICe (Simplified Proforma for Incorporating a Company electronically) forms viz. SPICe (INC-32), SPICe eMoA (INC-33) and SPICe eAoA (INC-34) for incorporation of all companies including Section 8 Companies… Read More

Cash deposit of more than Rs. 5000 restricted by RBI

RBI/2016-17/189 DCM (Plg) No. 1859/10.27.00/2016-17 December 19, 2016 The Chairman / Managing Director/ Chief Executive Officer, Public Sector Banks/ Private Sector Banks / Foreign Banks/ Regional Rural Banks / Urban Cooperative Banks/ State Cooperative Banks Dear Sir, Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Bank Notes (Specified Bank Notes) -… Read More

GST Implementation Masterclass

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NCLT (Procedure for reduction of share capital of company) Rules, 2016

The Ministry of Corporate Affairs has issued rules in exercise of the powers conferred by sub-section (1) and (2) of section 469 read with section 66 of the Companies Act, 2013(18 of 2013) the Central Government hereby makes the following rules namely: NCLT (Procedure for reduction of share capital of company) Rules, 2016 Read More

Companies (Compromises, Arrangements and Amalgamations) Rules, 2016

The Ministry of Corporate Affairs has issued Companies (Compromises, Arrangements and Amalgamations) Rules, 2016 dated 14th December, 2016. Please click on the below link to download the rules: Companies (Compromises, Arrangements and Amalgamations) Rules, 2016 Read More

Don’t have cash? Order latest book on Companies Act online

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

Corrigendum notification relating to amendment in Schedule II

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (i)] Government of India Ministry of Corporate Affairs New Delhi, 09th December, 2016 Corrigendum G.S.R. ______(E).- In the notification of the Government of India in the Ministry of Corporate Affairs number G.S.R. 1075(E), dated the 17th November, 2016 published in the… Read More

Streamlining the Process for Acquisition of Shares pursuant to Tender-Offers made for Takeovers, Buy Back and Delisting of Securities

CIRCULAR CFD/DCR2/CIR/P/2016/131 December 09, 2016 To All Recognised Stock Exchanges All Depositories All Registered Merchant Bankers All Registrars to the Issue Dear Sir/Madam, Sub: Streamlining the Process for Acquisition of Shares pursuant to Tender-Offers made for Takeovers, Buy Back and Delisting of Securities. 1. SEBI had issued circular No. CIR/CFD/POLICY CELL/1/2015 dated April 13, 2015… Read More

Monthly Summary of MCA for the month of November

The Ministry of Corporate Affairs has issued Monthly Summary of MCA for the month of November, Please click on the below link to download the poilcy: Important policy decisions taken and major achievements during the month of November, 2016 Read More

Revised GST Model Law Masterclass

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