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Archive: 23 February 2016

Posts in 23 February 2016

Empanelment of Concurrent Auditors for Union Bank F.Y. 2016-17

February 23, 2016 40948 Views 4 comments Print

Union Bank of India invites applications from eligible/interested Firms /Companies for empanelment as Concurrent Auditors for conducting Concurrent Audit in the identified branches / offices for the period from 01.04.2016 to 31.03.2017.

Difference between Private Placement and Preferential Allotment

February 23, 2016 182403 Views 15 comments Print

ACS Anjali Singh Difference between Private Placement and Preferential Allotment under Companies Act, 2013 For a Layman Private placement (or non-public offering) is a funding mode through Shares or Other Securities which are sold not through a public offering, but rather through a private offering, mostly to a small number of chosen investors. Preferential Allotment […]

Draft Companies (cost records and audit) Amendment Rules, 2016

February 23, 2016 2605 Views 0 comment Print

The Draft Companies (Cost Records and Audit) Amendment Rules, 2016 has been placed on the Ministry’s website at It has been decided to invite suggestions/comments on the above draft.

Technology Market- Bane or Boon for Consumers and Market

February 23, 2016 1984 Views 0 comment Print

Technology Market refers to market platforms driven by new technologies, shrouding over the age-old market platforms. With the advent of e-commerce facilities selling, purchasing, hiring of any goods and services is seen to be in the hands of the consumers.

Procedure for Change of name of a Private Limited Company

February 23, 2016 169649 Views 6 comments Print

Procedure for Change of name of a private limited company as per Companies Act’ 2013-This article describes the procedure for change of name of the company. The change in name entails change in the Memorandum and articles of association of the company.

DGFT notifies SION for “Falted Milk Food”

February 23, 2016 1381 Views 0 comment Print

In exercise of the powers conferred under Paragraph 1.03 of the Foreign Trade Policy, 2015-2020 the Director General of Foreign Trade hereby notifies a new SION with Serial Number E-133 in Food Product Group for export product “Malted Milk Food” This new entry shall read as under : –

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