Corporate Law Reporter - The Daily Journal

Companies (Accounting Standards) Amendment Rules, 2016

In exercise of the powers conferred by clause (a) of sub-section (1) of section 642 of the Companies Act, 1956 (1 of 1956) read with section 210A and sub-section (3C) of section 211 and of the said Act, the Central Government, in consultation with National Advisory Committee on Accounting Standards, hereby makes the following rules… Read More

Companies (Indian Accounting Standards) Amendment Rules, 2016

In Exercise of the powers conferred by section 133 read with section 469 of the Companies Act, 2013 (18 0f 2013) and sub-section(1) of section 210A of the Companies Act, 1956(1 off 1956), the Central Government, in consultation with National Advisory Committee on Accounting Standards, hereby makes the following rules to amend the Companies (Indian… Read More

Companies (Removal of Difficulties) First Order, 2016

[To be published in the Gazette of India, Extraordinary, Part II, section 3, sub-section (ii)] Government of India Ministry of Corporate Affairs ORDER New Delhi, the 29th March,2016. S.O. _ (E). - Whereas the Companies Act, 2013 (18 of 2013) (hereinafter referred to as the said Act) received the assent of the president on 29th August, 2013 and… Read More

Companies (Removal of Difficulties) 2nd Order, 2016

[To be published in the Gazette of India, Extraordinary, Part II, section 3, sub-section (ii)] Government of India Ministry of Corporate Affairs ORDER New Delhi, the 29th March,2016. S.O.__(E).- Whereas, the Companies Act, 2013 (18 of 2013) hereinafter referred to as the said Act) received the assent of the President on 29th August, 2013 and section 1 thereof… Read More

Companies (Share Capital and Debentures) 2nd Amendment Rules, 2016

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section(i)] Government of India MINISTRY OF CORPORATE AFFAIRS Notification New Delhi, 29th March 2016 G.S.R........(E).- In Exercise of 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… Read More

Income-tax (8th Amendment) Rules, 2016

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SECTION-3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE [CENTRAL BOARD OF DIRECT TAXES] NOTIFICATION New Delhi, the 23rd March, 2016 INCOME-TAX S.O. 1206 (E).- In Exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961),… Read More

Investments by FPIs in Government securities

CIRCULAR IMD/FPIC/CIR/P/2016/45 March 29, 2016 To All Foreign Portfolio Investors through their designated Custodians of Securities The Depositories (NSDL and CDSL) Sir / Madam, Sub: Investments by FPIs in Government securities 1. RBI in its Fourth Bi-monthly Policy Statement for the year 2015-16, dated September 29, 2015 had announced a Medium Term Framework (MTF) for… Read More

Modification of Client Codes post Execution of Trades on National and Regional Commodity Derivatives Exchanges

CIRCULAR SEBI/HO/CDMRD/DMP/CIR/P/2016/43 March 29, 2016 To, The Managing Directors / Chief Executive Officers of All Commodity Derivatives Exchanges Sir / Madam, Sub: Modification of Client Codes post Execution of Trades on National and Regional Commodity Derivatives Exchanges 1. This circular is issued with an objective to streamline the provisions of the facility of client code… Read More

Cyber Security and Cyber Resilience framework of National Commodity Derivatives Exchanges

CIRCULAR SEBI/HO/CDMRD/DEICE/CIR/P/2016/0000000044 March 29, 2016 To The Managing Directors All National Commodity Derivatives Exchanges Sir/Madam, Subject: Cyber Security and Cyber Resilience framework of National Commodity Derivatives Exchanges 1. Pursuant to Section 131 of the Finance Act, 2015 and Central Government notification F.No. 1/9/SM/2015 dated August 28, 2015, all recognized associations under the Forward Contracts (Regulation)… Read More

Signing of 11 unilateral Advance Pricing Agreements (APAs)

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 29th March, 2016 Sub: Signing of 11 unilateral Advance Pricing Agreements (APAs)- regarding. The Advance Pricing Agreement (APA) programme was introduced by the Finance Act, 2012 to provide a predictable and non-adversarial tax regime and to reduce… Read More

Removal of stakeholder’s issues pertaining to MCA21 e-Governance Project

Dear Professional Colleagues, The Institute of Company Secretaries of India has been taking various steps for facilitating implementation of Companies Act 2013. The Institute has organised various workshops/seminars/programmes, released series of publications, provided platform for solving queries regarding Companies Act 2013 etc. One of the pioneering initiatives of the Ministry of Corporate Affairs towards digitizing… Read More

Insurance Regulatory and Development Authority of India (Lloyd’s India) Regulations, 2016

Insurance Regulatory and Development Authority of India (Lloyd’s India) Regulations, 2016 F. No. IRDAI/Reg/4/116/2016- In exercise of the powers conferred by section 3, 6 and 114A of the Insurance Act, 1938, and sections 14 read with 26 of the Insurance Regulatory and Development Authority of India Act, 1999, the Authority, in consultation with the Insurance… Read More

Special Clearing operations on March 30 and 31, 2016

RBI/2015-16/347 DPSS.CO.CHD.No./2313/03.01.03/2015-16 March 28, 2016 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including Regional Rural Banks/ Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks/Local Area Banks Madam / Dear Sir, Special Clearing operations on March 30 and 31, 2016 A reference is invited to the… Read More