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Archive: 23 July 2020

Posts in 23 July 2020

AGM Resolutions – Ordinary & Special resolutions – Drafts

July 23, 2020 180795 Views 1 comment Print

The concept of Annual General Meeting (AGM) has been defined under Section 96 of the Companies Act, 2013. It can be considered as an annual gathering of Directors and Shareholders / members of the Company to discuss the future of the Company and also company’s overall performance is analyzed. MCA CLARIFICATION ON HOLDING OF DIGITAL […]

Format of Report for Code of Conduct violations under PIT Regulations

July 23, 2020 5742 Views 0 comment Print

Reporting to Stock Exchanges regarding violations under Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 relating to the Code of Conduct (CoC).

SEBI allows OFS & RE transactions during trading window closure period

July 23, 2020 543 Views 0 comment Print

It has been decided that in addition to the transactions mentioned in Clause 4 (3) (b) of Schedule B read with Regulation 9 of PIT Regulations, trading window restrictions shall not apply in respect of OFS and RE transactions carried out in accordance with the framework specified by the Board from time to time.

Process of Udyam Registration

July 23, 2020 27018 Views 9 comments Print

New process of Classification and Registration of MSME is started from 1st July, 2020. An enterprise for this purpose will be known as Udyam and its Registration Process will be known as ‘Udyam Registration’.

Reconciliation of Share Capital Audit Report for Unlisted Public Company in E-Form Pas-6

July 23, 2020 5298 Views 1 comment Print

Reconciliation of Share Capital Audit Report for Unlisted Public Company in E-Form Pas-6 ♦ MCA NOTIFICATION MCA has Substituted/amended Rule 9A(8) of Companies (Prospectus and Allotment of Securities) Rules, 2014 through Companies (Prospectus and Allotment of Securities) Third Amendment Rules, 2019 dated 22/05/2019. ♦ EFFECTIVE DATE OF AMENDMENT 1. Original Rule 9A is inserted by […]

Date of applicability of Consumer Protection Act 2019 provisions wef 24.07.2020

July 23, 2020 1194 Views 0 comment Print

Central Government hereby appoints the 24th day of July, 2020 as the date on which the following provisions of Consumer Protection Act, 2019 shall come into force

Automated Accounting: For Business Growth & Development

July 23, 2020 753 Views 0 comment Print

Automated accounting helps accountants with the mundane tasks of accounting such as bill payments and invoices. As the tasks of accounting are getting automated, so the accountants can use the data from technology and execute it in real business at a much greater pace.  Over 50% of C-level executives expect that with the intelligent automated […]

Transfer of Shares of Listed Insurance Companies- IRDAI clarifies

July 23, 2020 1263 Views 0 comment Print

With a view to bringing more clarity on certain issues relating to transfer of shares of insurance companies by promoters/shareholders, the Authority in exercise of the powers under sub-section (1) of Section 14 of IRDA Act, 1999 read with Regulation 10 of IRDAI (Transfer of Equity Shares of Insurance Companies) Regulations, 2015

Tariff Notification No. 60/2020-Customs (N.T.) Dated: 23.07.2020

July 23, 2020 630 Views 0 comment Print

Tariff Notification No. 60/2020-Customs (N.T.) in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver. Government of India Ministry of Finance (Department of Revenue) (Central Board of Indirect Taxes and Customs) Notification No. 60/2020-CUSTOMS (N.T.) New Delhi, Dated: 23rd July, 2020 S.O. 2423 (E).– In exercise […]

e-Form PAS-6- Purpose, Applicability, Due date, Provisions

July 23, 2020 18318 Views 1 comment Print

Purpose of Form PAS-6: PAS-6 (Reconciliation of Share Capital Audit Report a half-yearly basis) which is used for reconciliation of the share capital audit report on the half –year basis. APPLICABILITY AND NON-APPLICABILITY OF E-FORM PAS-6 Applicability       Unlisted Public Companies Non-Applicability A Nidhi Company A Government Company A Wholly owned subsidiary. Due Date of Filing […]

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