Corporate Law Reporter - The Daily Journal

SEBI (Delisting of Equity Shares) (Second Amendment) Regulations, 2015

THE GAZETTE OF INDIA EXTRAORDINARY PART III SECTION 4 PUBLISHED BY AUTHORITY NEW DELHI, AUGUST 14 , 2015 SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 14th August, 2015 SECURITIES AND EXCHANGE BOARD OF INDIA (DELISTING OF EQUITY SHARES) (SECOND AMENDMENT) REGULATIONS, 2015 No. SEBI/LAD-NRO/GN/2015-16/010.”€In exercise of the powers conferred by section 31 read… Read More

SEBI (Alternative Investment Funds) (Amendment) Regulations, 2015

THE GAZETTE OF INDIA EXTRAORDINARY PART III SECTION 4 PUBLISHED BY AUTHORITY NEW DELHI, AUGUST 14, 2015 SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 14th August, 2015 SECURITIES AND EXCHANGE BOARD OF INDIA (ALTERNATIVE INVESTMENT FUNDS) (AMENDMENT) REGULATIONS, 2015 No. SEBI/LAD-NRO/GN/2015-16/011.- In exercise of the powers conferred by sub-section (1)of section 30 read… Read More

Version of Form MR-2 is modified w.e.f 14th Aug 2015

Form MR-2 is the Form of application to the Central Government for approval of appointment or reappointment and remuneration or increase in remuneration or waiver for excess or over payment to managing director or whole time director or manager and commission or remuneration to directors. Download revised Form MR-2 Read More

Recent Relaxations in FDI Sectoral Caps

FDI policy is reviewed on an ongoing basis and significant changes are made in the FDI policy regime, from time to time, to ensure that India remains increasingly attractive and investor-friendly investment destination. Changes are made in the Policy after having intensive consultation with stakeholders including concerned Ministries/ Departments, Apex Industries Chambers and other organization.… Read More

Services on the Ministry of Corporate Affairs (MCA) will not be available on Sunday, 16th August 2015 from 08:00AM to 06:00PM

All our stakeholders are requested to note that services on the www.mca.gov.in portal will not be available from 08:00AM to 06:00PM on Sunday, 16th August 2015 due to periodic maintenance activities. While in the past, such activities may have been carried out after office hours, this time the maintenance activities are required to be carried… Read More

Pension reforms allow private account money inflow into IPO™s

The National Pension System (NPS) is set for another round of reforms, this time for private sector subscribers, likely to be cleared in a week. The Pension Fund Regulatory and Development Authority (PFRDA) will notify a new set of guidelines and now the pensions of private sector subscribers would also be allowed to be invested… Read More

Impact of new norms notified for Fast Track Issues [SEBI notifcation]

To boost fund raising from markets, SEBI notified new norms related to fast track issues and also had issued the SEBI (ICDR)(Third amendment) Regulations, 2015 dated 11th August, 2015, which will provide all listed companies a 'fast-track' route for share sales. As per the new norms, firms in which public shareholders own stocks worth Rs… Read More

Question mark on GST rollout: Govt. to consider special session

A petition, signed by over 15,000 people, including some of the top industrialists of India, that had appealed to the Congress-led Opposition to end the disruptions in the Rajya Sabha to pass the Goods and Services Tax (GST) Constitutional Amendment Bill led to more protests in the Upper House and got jettisoned. The government might… Read More

Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Third Amendment) Regulations, 2015

THE GAZETTE OF INDIA … Read More

GST fate to be sealed in the Parliament soon as opposition feels bill would stagnant country™s progress

The fate of the Goods & Services Tax (GST) Constitutional Amendment Bill, 2014 is totally dependent upon how the things go on in the parliament for the next two days before the monsoon session of the parliament comes to an end and the Upper House can take up and clear the Bill, so that it… Read More

Govt. targets measures for ˜Ease of Doing Business in India™ to make India most preferred business destination

The Government of India has taken up a series of measures to improve Ease of Doing Business in respect of which Department of Industrial Policy and Promotion(DIPP) had issued a notice dated 11th August, 2015. The emphasis has been on simplification and rationalization of the existing rules and introduction of information technology to make governance more… Read More

Negotiable Instruments (Amendment) Ordinance, 2015 brings important amendment as stakeholders face difficulties

The President of India had brought the major important amendments by passing the Negotiable Instruments (Amendment) Ordinance, 2015 dated 15th June, 2015 despite of the parliament not being in session but it was necessary in the interest of the stakeholders to pass the same on a speedy basis.The ordinance shall come into force at once.… Read More

Apex court stays levy of Service Tax on lawyers for unconstitutionality

The apex court has issued a stay against an order of the Hon™ble High Court of Bombay, dated 15.12.2014, in the matter of PC Joshi Vs. Union of India. The petition before the High Court of Bombay had challenged the levy of service tax on lawyers. The petitioner, before the High Court of Bombay, raised… Read More