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Archive: 22 December 2016

Posts in 22 December 2016

Procedure for Share Capital Reduction under Companies Act, 2013

December 22, 2016 46771 Views 0 comment Print

A company proposing to reduce its share capital is required to take the following procedural steps: 1. Ensure that its articles of association contain a provision authorizing reduction of share capital.

Salary limit for ESI Applicability increased to Rs. 21000

December 22, 2016 14533 Views 0 comment Print

In Employees’ State Insurance (Central) Rules, 1950, in rule 50, for words fifteen thousand rupees occurring at both places, words twenty one thousand rupees shall be substituted.

IDFC Bank added for Bank Guarantee under rule 61 of MVAT Act, 2005

December 22, 2016 808 Views 0 comment Print

Government of Maharashtra added IDFC Bank for Bank Guarantee under rule 61 of Maharashtra Value Added Tax Act, 2005 with effect from 22nd December, 2016

MCA revises Form INC-18, DIR-3 and MGT-14 WEF 17.12.2016

December 22, 2016 3733 Views 1 comment Print

Form INC-18- Application to Regional director for conversion of section 8 company into company of any other kind

ITBA – Empanelment of Special Auditor and Standing Counsel – Reg.

December 22, 2016 2389 Views 0 comment Print

Launch of Income Tax Business Application (ITBA) – Administrative Functions Module Phase-4 (Empanelment of Special Auditor and Standing Counsel) – Reg.

SEBI advises Caution to Customers In the matter of PACL

December 22, 2016 1273 Views 0 comment Print

The Committee constituted by the SEBI under Chairmanship of Justice (Retd.) R. M.Lodha, Former Chief Justice of India for disposing of properties of Company viz. PACL Ltd, pursuant to order dated 02-Feb-2016 of Hon’ble SC in Civil Appeal No.13394/2015 titled PACL Ltd. Vs. SEBI and other connected matters, held its first meeting on 25.02.2016.

ICAI Code of Conduct for elected, Co-opted & Nominated Representatives

December 22, 2016 1126 Views 0 comment Print

This Code applies to elected and nominated members to the Council, Regional Councils and Managing Committees of Branches; and also to members nominated by the Institute to other bodies,

Special Deposit Scheme 1975 –Interest Payment for calendar year 2016

December 22, 2016 1429 Views 0 comment Print

Please ensure that interest for calendar year 2016 for Special Deposit Scheme 1975 is disbursed as per rates mentioned therein.

Online Filing of EPF Returns by Exempted / Relaxed Establishments

December 22, 2016 2824 Views 0 comment Print

Functionality of filing of online returns for Exempted Establishments is currently integrated in ECR Portal and said portal will be stopped in current month.

Demonetization : Hit or Miss

December 22, 2016 10069 Views 0 comment Print

First Demonetization was taken place in 1946 by then Government of India. RBI offered clients to exchange their old notes of the denomination of Rs.100 with the new one.

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