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Archive: 07 January 2020

Posts in 07 January 2020

MCA increases CS appointment limit to Rs. 10 crore wef 01.04.2020

January 7, 2020 49386 Views 0 comment Print

Companies (Appointment and Remuneration of Managerial Personnel) Amendment Rules, 2020 notified  by Notification dated January 03, 2019- Effective w.e.f 01.04.2020. Rule 8A Pre-Amendment – Provided that all the companies not covered under Rule 8[1] and having a paid-up share capital of Five Crore Rupees or more shall have a wholetime company secretary. Rule 8A Post-Amendment […]

Credit & Financial Facilities to MSMEs

January 7, 2020 3066 Views 1 comment Print

Credit & Financial Facilities to MSMEs (Micro, Small & Medium Enterprises) MSME sector has been recognised as a very important sector of the Indian Economy. MSMEs play a major role in industrialization of rural & backward areas and also play a crucial role in providing large employment opportunities. Ministry of Micro, Small & Medium Enterprises […]

Changes in CS Appointment & Secretarial Audit Limits wef 01.04.2020

January 7, 2020 3909 Views 0 comment Print

Amendment To Rule 8A And Rule 9 of Companies (Appointment And Remuneration of Managerial Personnel) Rules, 2014 by Companies (Appointment and Remuneration of Managerial Personnel) Amendment Rules, 2020 Now Rule-8A and Rule-9 is read as follows: 1. Rule 8A: Earlier- A company other than a company covered under rule 8 which has a paid up […]

Service cannot be termed as Franchise Service for mere user of word ‘Principle to Principle’ in agreement,

January 7, 2020 657 Views 0 comment Print

Easy Bill Ltd. Vs CCE (CESTAT Delhi) Section 9.1 thought talks about the agreement to be on principle to principle basis as impressed upon by learned DR but perusal of this section reveals the subsequent portion explains that word principle to principle mean that the agreement is not intended to constitute a partnership, joint venture […]

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