43A. (1) The top five hundred listed entities based on market capitalization (calculated as on March 31 of every financial year) shall formulate a dividend distribution policy which shall be disclosed in their annual reports and on their websites. (2) The dividend distribution policy shall include the following parameters:
At the beginning of every year, you get tensed about how to cut on tax and save more and more without tilting your financial balance. Loads of suggestions, options and contradictory advice coming from your surrounding make the task lot difficult for you to decide on something particular. Here we are discussing some basic investment […]
Saving is an activity that is important for everyone to learn. And, if you are a couple then managing your money and personal finances becomes an all the more significant task to be achieved. It becomes as significant as managing your personal diet and health. Why is personal finance management, a challenging task for many […]
Invoking the revisional jurisdiction of this Court under Section 19 of the Chhattisgarh Madhyastham Adhikaran Adhiniyam, 1983 (hereinafter called as ‘the Act of 1983’ for short), the petitioners herein (contractors) have filed these revisions questioning the legality, validity and correctness of the impugned order(s) dated 7-5-2013 passed by the learned Chhattisgarh Madhyastham Adhikaran, Raipur (hereinafter called as ‘the Arbitration Tribunal’ for short), whereby their applications filed under Section 17-A of the Act of 1983 for recalling the order dated 13-1-2012 and restoration of reference petitions filed, were dismissed on the ground of lack of jurisdiction / non-maintainability by the Arbitration Tribunal constituted under the Act of 1983.
In its recently concluded Annual Sectoral Review, the CVC expressed extreme displeasure about inordinate delay in finalization of inquiry report by some Inquiry Officers.
Where a company is required or decides to pass any resolution by way of postal ballot, it shall send a notice to all the shareholders, along with a draft resolution explaining the reasons there for and requesting them to send their assent or dissent in writing on a postal ballot
MCA has has issued Companies (Auditor’s Report) Order, 2016 on 29th March 2016 which has replaced the CARO, 2015.This article is a summary of the new reporting requirements and clause wise changes.
Forms to be filed: i) Form No. CHG-1 – Application for registration of creation, modification (other than those related to the debentures) including the particulars for modification of the Charge by an Asset Reconstruction Company in terms of Securitization and Reconstruction of Financial Assets and Enforcement of Securities Interest Act, 2002 (SARFAESI),
MCA vide its notification dated 30th June, 2016 and in exercise of the powers confined by sub-sections (1) and (2) of section 469 of the companies Act,2013 (18 of 2013), amended the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014. This Article is a detailed analysis of the Amendment notified.
Dear Professional Colleagues, Applicability of Income Computation and Disclosure Standards notified under section 145(2) of the Income-tax Act, 1961 It is a pleasure to inform that the Central Board of Direct Taxes has vide Press Release dated 6.07.2016 clarified that the Income Computation & Disclosure Standards shall be applicable from 1.4.2016 i.e. previous year 2016-17 […]
