Notice for Stakeholders of Condonation of Delay Scheme
Stakeholders of Condonation of Delay Scheme (notified vide General Circular No.16/2017 dated 29th December 2017) may kindly note that the process for ‘reactivating’ the DINs in system in respect of disqualified Directors is in progress and they may check the status of the relevant DINs by 12th January 2018. However, they are requested to be ready with… Read More
Schemes of Arrangement by Listed Entities and (ii) Relaxation under Rule 19 of the Securities Contracts (Regulation) Rules, 1957
CIRCULAR CFD/DIL3/CIR/2018/2 January 03, 2018 To All Listed Entities who have listed their equity and convertibles All the Recognized Stock Exchanges Dear Sir/Madam, Sub: Schemes of Arrangement by Listed Entities and (ii) Relaxation under Sub-rule (7) of Rule 19 of the Securities Contracts (Regulation) Rules, 1957 1. SEBI Circular No. CFD/DIL3/CIR/2017/21 dated March 10, 2017… Read More
XBRL Returns – Harmonization of Banking Statistics
RBI/2017-18/117 DBR.No.BP.BC.99/08.13.100/2017-18 January 04, 2018 All Scheduled Commercial Banks (Excluding Regional Rural Banks), Madam/Dear Sir, XBRL Returns – Harmonization of Banking Statistics The Reserve Bank of India had constituted an inter-departmental Task-force in December 2014, to provide “harmonised” definitions of major balance sheet/ profit and loss/ off-balance sheet items covered in the banking/ regulatory returns… Read More
Refinancing of External Commercial Borrowings
RBI/2017-18/116 A.P. (DIR Series) Circular No.15 January 4, 2018 To All Category-I Authorised Dealer Banks Madam / Sir Refinancing of External Commercial Borrowings Attention of Authorized Dealer Category - I (AD Category - I) banks is invited to paragraph 2 of the Statement on Developmental and Regulatory Policies issued along with the Fifth Bi-monthly Monetary Policy Statement for… Read More
Submission of Financial Information to Information Utilities
RBI/2017-18/115 DNBR.PD(ARC)CC.No.05/26.03.001/2017-18 January 04, 2018 The Chairman/ Managing Director/ Chief Executive Officer All registered Asset Reconstruction Companies Dear Sir/Madam, Submission of Financial Information to Information Utilities Please refer to circular DBR.No.Leg.BC.98/09.08.019/2017-18 dated December 19, 2017 on the captioned subject. Instructions contained therein are applicable to all registered Asset Reconstruction Companies (ARCs) as well. Yours faithfully, (C.D. Srinivasan)… Read More
RBI issues Master Direction on Foreign investment in India
The Reserve Bank of India, in consultation with the Government of India, has revised the Regulations on foreign investment in India and has repealed and replaced the Foreign Exchange Management (Transfer or issue of security by a person resident outside India) Regulations, 2000 (Notification No. FEMA 20) and Foreign Exchange Management (Investment in a Firm… Read More
MCA XBRL Validation Beta Tool for Ind AS Taxonomy has been released
New version of XBRL Validation Tool with IND-AS taxonomy related changes will be available for Beta Testing shortly. Software Vendors are requested to incorporate the required changes in their tagging tools accordingly.IND-AS Taxonomy and Business Rules are available on XBRL portal. Click here for Business_Rules_for_IndAS_Taxonomy Click here for Final_Ind_AS_Taxonomy IND-AS Taxonomy and Business Rules can be accessed… Read More
Companies (Amendment) Act, 2017 receives President’s assent
Companies (Amendment) Act, 2017 has received assent of the President and the same has been published in the Official Gazette on 3rd January, 2018. The amendments shall come into force from the date notified by the MCA. Different dates may be prescribed by the MCA for different provisions. Another Good News: Latest amendments in Companies… Read More
Export Policy of Onions- Imposition of Minimum Export Price (MEP)
MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (Directorate General of Foreign Trade) NOTIFICATION New Delhi, the 29th December, 2017 No. 43 /2015-2020 Subject:- Export Policy of Onions- Imposition of Minimum Export Price (MEP). S.O.4118(E).— In exercise of powers conferred by Section 3 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of… Read More
IBBI (Fast Track Insolvency Resolution Process for Corporate Persons) (Fourth Amendment) Regulations, 2017 notified
INSOLVENCY AND BANKRUPTCY BOARD OF INDIA NOTIFICATION New Delhi, the 31st December, 2017 INSOLVENCY AND BANKRUPTCY BOARD OF INDIA (FAST TRACK INSOLVENCY RESOLUTION PROCESS FOR CORPORATE PERSONS) (FOURTH AMENDMENT) REGULATIONS, 2017 No. IBBI/2017-18/GN/REG23.—In exercise of the powers conferred by clause (t) of sub-section (1) of section 196 read with section 240 of the Insolvency and… Read More
IBBI (Insolvency Resolution Process For Corporate Persons) (Fourth Amendment) Regulations, 2017 notified
INSOLVENCY AND BANKRUPTCY BOARD OF INDIA NOTIFICATION New Delhi, the 31st December, 2017 INSOLVENCY AND BANKRUPTCY BOARD OF INDIA (INSOLVENCY RESOLUTION PROCESS FOR CORPORATE PERSONS) (FOURTH AMENDMENT) REGULATIONS, 2017 No. IBBI/2017-18/GN/REG22. —In exercise of the powers conferred by clause (t) of sub-section (1) of section 196 read with section 240 of the Insolvency and Bankruptcy… Read More
MCA issues Condonation of Delay Scheme, 2018 effective from 01.01.2018
General Circular No.16/2017 File No. 02/04/ /201 7-CL-V Ministry of Corporate Affairs 5th Floor, 'A' Wing, Shastri Bhawan Dr. Rajendra Prasad Road, New Delhi-110 001. Dated29.12.2017 To All Regional Directors, All Registrar of Companies, AII Stakeholders. Sir, Subject: Condonation of Delay Scheme, 2018 Whereas, companies registered under the Companies Act, 2013 (or… Read More
Govt. notifies CGST (Fourteenth Amendment) Rules,2017
[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) Central Board of Excise and Customs Notification No. 75/2017 – Central Tax New Delhi, the 29th December, 2017 G.S.R……(E):- In exercise of the powers conferred by section 164 of the… Read More
Subscribe to the Daily Journal
Corporate Law Referencer
India’s Leading Compliance Software
