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Archive: 12 October 2017

Posts in 12 October 2017

ICSI Guidance Note on General Meeting

October 12, 2017 1452 Views 0 comment Print

Guidance Note on Secretarial Standard on General Meetings (SS-2) sets out the explanations, procedures and practical aspects in respect of the provisions contained in revised SS-2 (effective from 1st October, 2017) to facilitate compliance thereof by the stakeholders.

ICSI Guidance Note on Meeting of Board of Directors

October 12, 2017 3366 Views 0 comment Print

Guidance Note on Secretarial Standard on Meetings of the Board of Directors (SS-1) sets out the explanations, procedures and practical aspects in respect of the provisions contained in revised SS-1 (effective from 1st October, 2017) to facilitate compliance thereof by the stakeholders.

Advisory for uploading invoice level data in GSTR 1 using Offline Tool

October 12, 2017 3993 Views 1 comment Print

A. While uploading data in GSTR 1, by the taxpayers there are discrepancy in number of invoices and other details, which are filled in in excel and uploaded and which are finally accepted on the Portal. The differences arises at two stages as given below

Removal of Disqualification U/S 164(2) Of CA, 2013- Any way-out?

October 12, 2017 14625 Views 1 comment Print

It is not less than a nightmare for all those Directors who were recently trapped after being disqualified from their directorship. MCA, after releasing a list containing number of names of disqualifying directors, has actually changed the rule of game.

Non Compliance with Minimum Public Shareholding Law- Implications

October 12, 2017 3567 Views 0 comment Print

SEBI has directed stock exchanges to crack whip on companies that do not comply with minimum public shareholding requirements vide Circular dated 10th October, 2017.

Fixed Deposit: Things No One Told You about Investing in Them

October 12, 2017 5145 Views 5 comments Print

Fixed deposit has remained the most favored investment option as it not only preserves your capital but also provides surety of returns that are going to be only profitable. Even though the trend is changing and investors are moving on to other preferred modes of investment the old world charm of a fixed deposit remains […]

Disqualification of Director under section 164(2) of Companies Act, 2013

October 12, 2017 157239 Views 2 comments Print

The Ministry has struck off names of 2,17,239 companies from the records as on September 22 as these have not been carrying out business activities for a long period and have also defaulted on compulsory filings while more such companies are likely to face action. It has been informed that as on September 22, a total of 3,19,637 directors have been identified and flagged as disqualified under Section 164 (2) (a) of the Companies Act, 2013 It is estimated that the final list may touch the figure of about 4.5 lakh (directors).

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