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Archive: 13 April 2011

Posts in 13 April 2011

Free YouTube Live on The global landscape –  from market’s to trade

May 24, 2024 588 Views 0 comment Print

Join us for an insightful and dynamic YouTube Live session on “The global landscape –  from market’s to trade.” with renowned financial analyst Ankit Baid, MBA Finance. The presentation explores shifting of the global economic landscape, focusing on the decline of US dominance and the rise of China. It examines the potential decrease in global […]

Live Course on Appeal, Pleading & Drafting under GST by CA Sachin Jain

May 15, 2024 7500 Views 0 comment Print

oin us for an immersive live course led by renowned expert CA Sachin Jain, as we delve into the intricacies of appeal, pleading, and drafting under GST.

Murli Deora to Chair a Special Meeting to Listen the Views of Corporate India on Issues Relating to Competition

April 13, 2011 504 Views 0 comment Print

Union Minister of Corporate Affairs Shri Murli Deora has convened a special meeting on 25th April, 2011 at Mumbai to listen the views of Corporate India on issues relating to competition. The meeting has been called after a discussion with Secretary, Shri D.K. Mittal Ministry of Corporate Affairs Shri D.K. Mittal and Chairman, Competition Commission of India, Shri Dhanendra Kumar on concerns raised by Corporate India on regulations of merger and acquisition by the Competition Commission of India w.ef. 1st June, 2011.

Govt fixes revenue target at Rs 9 lakh crore this fiscal

April 13, 2011 564 Views 0 comment Print

The government has set a revenue target of Rs nine lakh crore during the current financial year, a top official said here today. “We have set a target to collect Rs nine lakh crore through direct and indirect taxes during 2011-12”, Revenue Secretary Sunil Mitra said.

Takeover Code – SEBI to take a call later this month

April 13, 2011 396 Views 0 comment Print

Market regulator Sebi is likely to give its final view on the Takeover Code for merger and acquisition deals at its board meeting scheduled later this month. “We are in consultation process. Probably we will get it (Takeover Code) through in the next Board meeting,” Sebi Executive Director Usha Narayanan told reporters on the sidelines of an Assocham event here.

Sebi working on alternative of corporate governance

April 13, 2011 426 Views 0 comment Print

In a bid to bring in greater transparency and enhance accountability of India Inc, market regulator Securities and Exchange Board of India (SEBI) today said it is working on an alternative model of corporate governance.

Enhancement in limit for Obtaining Approval of Central Government for Payment of Remuneration to Office or Place of Profit u/s. 314(1b) of Companies Act 1956

April 13, 2011 4495 Views 0 comment Print

The Ministry of Corporate Affairs has notified vide NOTIFICATION [F.NO. 17/75/2011-C.L.V], DATED 6-4-2011 enhancement in previous limit of Rs. Fifty thousand per month given under Rule 3 of Director’s Relative (Office or Place of Profit) Rules, 2003 to Rs. Two lakh fifty thousand per month for payment remuneration to relatives or partners of the directors of the Company falling under Section 314(1B) of the Companies Act 1956. By such notification, the amended rules may be called as Director’s Relative (Office or Place of Profit) Amendment Rules, 2011.

Enhancement in Limit For Disclosure of Particulars of Employees u/s. 217(2A) of the Companies Act 1956

April 13, 2011 6901 Views 0 comment Print

The effect of the notification shall require the Companies including Government Companies to include a statement showing the name of every specified employee of the Company in their Board Report pursuant to Section 217 (2A) of the Companies Act 1956 read with Companies (Particulars of Employees) Amendment Rules, 2011 which provides:

Amendment in SEBI (Stock Brokers and Sub-brokers)/(Merchant Bankers)/(Registrars to an Issue and Share Transfer Agents)/(Underwriters)/(Debenture Trustees)/(Bankers to an Issue)/(Depositories and Participants) and (Credit Rating Agencies) Regulations

April 13, 2011 612 Views 0 comment Print

NOTIFICATION NO. LAD/NRO/GN/2011-12/03/12650, DATED 13-4-2011 SEBI (Change in Conditions of Registration of Certain Intermediaries) (Amendment) Regulations, 2011 – Amendment in SEBI (Stock Brokers and Sub-brokers)/(Merchant Bankers)/(Registrars to an Issue and Share Transfer Agents)/(Underwriters)/(Debenture Trustees)/(Bankers to an Issue)/(Depositories and Participants) and (Credit Rating Agencies) Regulations

SEBI – Clarifications on Takeover Regulations

April 13, 2011 1287 Views 0 comment Print

The equity shares of M/s. Surana Telecom and Power Limited (Target Company) are inter alia listed on BSE and NSE. 1.2 An application was made by the Promoter Group on 5-5-2008, for seeking exemption from the application of Regulation 11(1) of Takeover Code for increase in Promoter Group holding from 54.66% to 59.39% which is incidental to the buyback offer of M/s Surana Telecom and Power Limited (“Target Company”).

DENA BANK – empanelment for Concurrent Audit assignment for the year 2011-12

April 13, 2011 9277 Views 0 comment Print

Ref : Web based registration of External Chartered Accountant firms for empanelment for Concurrent Audit assignment for the year 2011-12 Our Bank has invited online applications for empanelment for Concurrent Audit assignment for the year 2011-12. The registration of the same is open on our website www.denabank.com from 31.03.2011 to 20.04.2011. Registration last date is […]

Filing of financial statements in XBRL format with RoC for the year ended 31 March, 2011

April 13, 2011 3030 Views 0 comment Print

As per General Circular No. 09/2011 issued by MCA on 31st March, 2011, Companies are required to file their financial statements in the XBRL format with the Registrar of Companies (RoC) for the year ended 31 March, 2011 as per the following criteria: (i) All companies listed in India & their subsidiaries in India and abroad; & (ii)All companies having a Paid up Capital of Rs. 5 Crores & more or a Turnover of Rs. 100 Crores & above

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