"07 January 2020" Archive - Page 4

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

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 wholeti...

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Posted Under: Company Law |

Credit & Financial Facilities to MSMEs

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 &...

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Posted Under: Company Law |

Changes in CS Appointment & Secretarial Audit Limits wef 01.04.2020

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 [&...

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Posted Under: Company Law |