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Archive: 03 February 2015

Posts in 03 February 2015

Investment by FPIs in Indian debt market is to be made with minimum residual maturity of 3 years

February 3, 2015 390 Views 0 comment Print

Accordingly, all future investments by an FPI within the limit for investment in corporate bonds shall be required to be made in corporate bonds with a minimum residual maturity of three years. Further, all future investments against the limits vacated when the current investment runs off either through sale or redemption, shall be required to be made in corporate bonds with a minimum residual maturity of three years.

Section 68- Power of company to purchase its own securities

February 3, 2015 1560 Views 0 comment Print

Extract of Section 68 of the Companies Act 2013- Section 68 -Power of company to purchase its own securities (1) Notwithstanding anything contained in this Act, but subject to the provisions of sub-section (2), a company may purchase its own shares or other specified securities (hereinafter referred to as buy-back) out of— (a) its free […]

Maintain Punctuality and Cleanliness in office

February 3, 2015 2352 Views 0 comment Print

It has been observed that the officers are not attending office at the stipulated time. All Officers and Staff members posted in NS I, III and V are directed to ensure that they attend office on time. The Senior officers are directed to ensure punctuality and proper attendance and lead by example.

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