Draft Rules under Companies Act 2013 :: Chapter XIII :: Appointment and Remuneration of Managerial Personnel
Click Here to Download the Draft Rules for Chapter XIII -------------------------------------------------------------------------------------------- DRAFT RULES UNDER COMPANIES ACT, 2013 CHAPTER XIII APPOINTMENT AND REMUNERATION OF MANAGERIAL PERSONNEL 13.1 For the purposes of second proviso to sub-section (4) of section 196, a company shall file a return of appointment of a managing director, whole time director or manager with the… Read More
Draft Rules under Companies Act 2013 :: Chapter VII :: Management and Administration
Click Here to Download the Draft Rules for Chapter VII -------------------------------------------------------------------------------------------- DRAFT RULES UNDER COMPANIES ACT, 2013 Chapter VII Management and Administration Register of members. 7.1. (1) For the purposes of clause (a) of sub-section (1) of section 88, every company shall, from the date of its registration, keep and maintain a register of its members… Read More
Draft Rules under Companies Act 2013 :: Chapter III :: Prospectus And Allotment Of Securities
Click Here to Download the Draft Rules for Chapter III ----------------------------------------------------------------------------------- DRAFT RULES UNDER COMPANIES ACT, 2013 CHAPTER III PROSPECTUS AND ALLOTMENT OF SECURITIES Part I Public Offer Matters to be stated in the prospectus 3.1. For the purposes of clause (a) of sub-section (1) of section 26, (1) pursuant to sub-clause (i), the names, addresses… Read More
Draft Rules for 8 Chapters under Companies Act 2013 made live by MCA
Download Draft Rules under Companies Act 2013 Phase II Here The draft Rules for following 8 chapters under the Companies Act 2013 is made live for public comments in 2nd phase. The last date of receiving comments on these rules is 19/10/2013: Chapter III - Prospectus and Allotment of Securities Chapter VII - Management and… Read More
New Clarification issued by MCA on the Commencement Notification of 98 Sections of Companies Act 2013
Circular No. 16 /2013 F.No.01. / 12 /2013-CL-V Government of lndia Ministry of Corporate Affairs 5th Floor, 'A'Wing, Shastri Bhawan, Dr.Rajendra Prasad Road, New Delhi-1 Dated 18 .09.2013 To All Regional Directors, All Registrar of Companies. Subject: Clarification on the notification dated 12.9.2013 Sir, This Ministry had issued a notification on 12.09.2013 bringing into force… Read More
RBI releases ‘Quarterly Statistics on Deposits and Credit of Scheduled Commercial Banks: March 2013’
The Reserve Bank of India today released on its website ˜Quarterly Statistics on Deposits and Credit of Scheduled Commercial Banks, March 2013™. The publication contains data on spatial distribution of aggregate deposits and gross bank credit of scheduled commercial banks including regional rural banks (RRBs) based on Basic Statistical Return (BSR)-7 as on March 31,… Read More
RBI launches the 7th Round of Survey on Computer Software and Information Technology Enabled Services Exports
The Reserve Bank of India has been conducting survey on Computer Software and Information Technology Enabled Services Exports annually since 2002-03.The survey results are used for compilation of balance of payments (BoP) statistics. The 7th round of the Survey with 2012-13 as the reference period has been launched. The survey collects data on various aspects of computer… Read More
RBI Governor’s proposal to relax Branch Authorisation Policy
RBI/2013-14/274 DBOD.No.BAPD.BC.54 /22.01.001/2013-14 September 19, 2013 All Domestic Scheduled Commercial Banks (excluding RRBs) Madam / Dear Sir Section 23 of the Banking Regulation Act, 1949 Relaxations in Branch Authorisation Policy Please refer to Governor™s Statement on taking office on September 04, 2013 (extract enclosed - Annex 1) regarding the proposal to completely free bank branching for… Read More
RBI Clarification on carrying of INR 10,000 by Non-residents and Residents
In terms of instructions issued vide A.P. (Dir Series) circular No.45 dated September 16, 2013, the Reserve Bank of India had facilitated encashment of rupees into convertible currencies even beyond Immigration/Customs desk. This instruction has been misreported in certain sections of the media as a new restriction imposed by the Reserve Bank. The Reserve Bank issues… Read More
Companies Act 2013 – Simplified – A book by eMinds Legal
The Companies Act, 2013 was passed by the Lok Sabha on 18th December, 2012, by Rajya Sabha on 8th August, 2013, received assent of our Hon™ble President Shri Pranab Mukherjee on 29th August, 2013, and finally published in the Gazette of India, Extraordinary, Part-II, Section-1, dated the 30th August, 2013 as Act No. 18 of 2013, thus repealing… Read More
CBEC Amends Duty Free Import Authorisation (DFIA)
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 45 /2013-Customs New Delhi, dated the 17th September, 2013 G.S.R. 636(E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central… Read More
EBI issues directions to MCX-SX Limited and MCX-SX Clearing Corporation Limited to strengthen their governance structure
SEBI has issued directions to MCX-SX Limited and MCX-SX Clearing Corporation Limited (MCX-SXCCL) to strengthen their governance structure while granting the renewal of recognition to MCX-SX Limited for a period of one year commencing from September 16, 2013. The conditions imposed by SEBI are : 1. A committee comprising of two Public Interest Directors and… Read More
DVAT Form Stock-1 Online Filing Dates Extended to 5th October, 2013 for all dealers
GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE & TAXES VYAPAR BHAWAN : I.P.ESTATE: NEW DELHI -110 002 No.F.7(433)/Policy-II/VAT/2012/part File/782-794 Dated : 16-Sept-13 In supersession of all previous Notifications, regarding date for filing of Stock Statement in Form Stock-1 online for the stock available on 315t March, 2013, I, Prashant Goyal, Commissioner, Value Added Tax,… Read More
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