Fast Track Scheme Vs Easy Exit Scheme – Key differences

Easy Exit Scheme enters into a new phase, it will now, be known as the Fast Track Exit scheme. The Easy Exit Scheme (EES) introduced by the Ministry of Corporate Affairs allowed the defunct companies to have an easy exit, by getting their Company names struck off from the Registrar of Companies, on being inoperative… Read More

Modification of Client Codes of Non-institutional Trades Executed on Stock Exchanges

CIRCULAR CIR/DNPD/6/2011 July 05, 2011 Managing Director/ Chief Executive Officer Recognised Stock Exchanges Sub: Modification of Client Codes of Non-institutional Trades Executed on Stock Exchanges (All Segments) 1. In consultation with BSE, MCX-SX, NSE and USE, it has been decided that the Stock Exchanges may allow modifications of client codes of non-institutional trades only to… Read More

Companies Director Identification Number (Third Amendment) Rules, 2011

GOI; MCA; Dated 5th July, 2011 In exercise of the powers confered by clause (A) and (b) of sub- section (1) of section 642 read with sections 266A, 266B and 226E of the Companies Act, 1956 (1 of 1956), the Central Government hereby makes the following rules, further to amend the Companies ( Director Identification… Read More

CBEC assigns the functions of the Proper officer for Sec 17 & 28 of Customs

Government of India Ministry of Finance (Department of Revenue) Notification No.44/2011-Customs (N.T.) New Delhi, dated the 6th July, 2011. S.O.          (E). In exercise of the powers conferred by sub-section (34) of section 2 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby assigns the functions of the proper officer… Read More

Amendment in Notification No. 62/1994-Customs (N. T.) dated 21.11.94 – CBEC

Government of India Ministry of Finance (Department of Revenue) (Central Board of Excise and Customs) Notification No. 45/2011 - Customs (N.T.) New Delhi, 7th July, 2011 6 Asadha, 1933 (SAKA) S. O¦¦. (E). In exercise of the powers conferred by clause (a) of sub-section (1) of section 7 of the Customs Act, 1962 (52 of 1962), the… Read More

Web Seminar on XBRL on 11th July 2011 – ICSI

FIRST MCA-ICSI WEB SEMINAR  ON XBRL   ICSI Head Quarters, New Delhi (Under the aegis of Ministry of Corporate Affairs) On 11th July, 2011 2.00 P.M. ONWARDS Dear Professional Colleague, The ICSI is organizing MCA-ICSI WEB SEMINAR ON XBRL at ICSI Head Quarters, New Delhi on Monday, July 11, 2011 from 2.00 pm to 4.00 pm. The programme… Read More

RBI Master Circular on Self Help Groups (SHG)-Bank Linkage Programme

RBI/2011-12/82 RPCD. FID. BC.No.06/12.01.001/2011-12 July 1, 2011 The Chairman/ Managing Director/ Chief Executive Officer All Scheduled Commercial Banks Dear Sir, Master Circular on SHG-Bank Linkage Programme The Reserve Bank of India has, from time to time, issued a number of guidelines/instructions to banks on SHG-Bank Linkage Programme. In order to enable the banks to have… Read More

RBI Master Circular on Investments by Primary (Urban) Co-operative Banks

RBI/2011-12/47 UBD. BPD (PCB).MC.No.12/16.20.000/2011-12 July 1, 2011 Chief Executive Officers of All Primary (Urban) Co-operative Banks Dear Sir, Master Circular on Investments by Primary (Urban) Co-operative Banks Please refer to our Master Circular UBD (PCB) MC.No: 12/16.20.000/2010-11 dated July 1, 2011 on the `captioned subject (available at RBI website www.rbi.org.in). The enclosed Master Circular consolidates and updates all… Read More

RBI Master Circular on Prudential norms for Classification, Valuation and Operation of investment portfolio by FIs

RBI/2010-11/59 DBOD.No.FID.FIC.3/01.02.00/2010-11 01 July, 2010 10 Aashadha 1932 (Saka) The CEOs of the All-India Term Lending and Refinancing Institutions (Exim Bank, NABARD, NHB and SIDBI) Dear Sir, Master Circular Prudential norms for classification, valuation and operation of investment portfolio by FIs Please refer to Master Circular DBOD.No.FID.FIC.3/ 01.02.00 / 2009-10 dated July 01, 2009 on the… Read More

RBI Master Circular on Board of Directors Primary (Urban) Co-operative Banks

BI/2011-12/45 UBD.CO. BPD. MC.No. 8 /12.05.001/2011-12 July 1, 2011 Chief Executive Officers of All Primary (Urban) Co-operative Banks Dear Sir/Madam, Master Circular on Board of Directors Primary (Urban) Co-operative Banks Please refer to our Master Circular UBD.BPD (PCB) MC. No. 8 /12.05.001/ 2010-11 dated July 1, 2010 on the captioned subject (available at RBI website www.rbi.org.in). The enclosed Master… Read More

RBI Master Circular on Levy of Penal Interest for Delayed Reporting/Wrong Reporting/Non-Reporting of Currency Chest Transactions and Inclusion of Ineligible Amounts in Currency Chest Balances

RBI/2011-12/77 DCM(CC) No.G- 2/03.35.01/2011-12 July 1, 2011 1. The Chairman& Managing Director/Chief Executive Officer (All Banks having Currency Chests) 2. Director of Treasuries (State Governments as per list enclosed) Dear Sir/Madam Master Circular Levy of Penal Interest for Delayed Reporting/Wrong Reporting/Non-Reporting of Currency Chest Transactions and Inclusion of Ineligible Amounts in Currency Chest Balances This… Read More

Circular on continuation of DEPB scheme till 30.09.2011

F. No. 605/128/2005-DBK(Pt.) Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs ***** New Delhi, the 1st July, 2011 To All Chief Commissioners of Customs, All Chief Commissioners of Customs & Central Excise/ C. Ex., All Director Generals under CBEC, All Commissioners of Customs/ Customs (Preventive), All Commissioners of… Read More

MCA clarification on Integration of DIN and DPIN

General Circular No. 44/2011r; dated 8th July, 2011 GOI; MCA All Regional Directors; All Registrar of Companies; Registrar of Limited Liability Partnership Sub: Integration of Director™s Identification Number (DIN) issued under Companies Act, 1956 with Designated Partnership Identification Number (DPIN) issued under Limited Liability Partnership (LLP) Act, 2008. The Ministry of Corporate Affairs has been… Read More

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