Article explains What is Material Information, What is the importance of regulation 30 of SEBI (LODR) Regulations, 2015, Who has power to derive what is material information for the company, Events and activities which are material As per Schedule III of SEBI (LODR) Regulations, 2015, Events which shall be disclosed for materiality as specified in […]
Broadly any company issuing Compulsorily Convertible Debentures (CCD) will be required to comply following laws in India, which are as under: 1. Companies Act 2013 2. Foreign Exchange Management Act ( FEMA) 3. Income Tax Act, 1961. The overview of some of the provision of above laws to be taken into consideration before choosing CCDs as instrument for raising funds by a private limited company
Understanding the essentials of IND AS-2 and CAS-6 (2020 version) in a simple way. Get insights into inventory concepts, measurement, and valuation.
ITAT states the code of conduct prescribed by the Medical Council is applicable only to medical practitioners/ doctors registered with the MCI and does not apply to pharmaceutical companies & the healthcare sector in any manner.
Sec-42 of Companies Act, 2013 and Rule-14 of Companies (Prospectus and Allotment of Securities) Rules, 2014: An Overview ♦ Procedure in brief for issue of securities on Private Placement basis: 1. Convene Board Meeting: To issue approval for issue of securities To identify persons to whom securities be allotted To approve the Draft and record […]
1. Definition of a Stock Broker as per SEBI norms: By general definition, a stockbroker is an intermediary having the authority to trade in stocks and securities them on a stock exchange on the behalf of investors. As it is difficult for the investor to directly trade in the stock exchange, he takes the assistance […]
Section 3 of Companies Act 2013 (Act) entails the basic requirements of formation of a company. A company, (whether a company limited by shares or a company limited by guarantee or an unlimited company) may be formed for any legal purpose by:
Four more States/UTs linked with One Nation One Ration Card scheme today. About 80% of total NFSA population now enabled to receive food grains in these 24 States/UTs through national portability of ration cards
The gross GST revenue collected in the month of July, 2020 is ₹ 87,422 crore of which CGST is ₹ 16,147 crore, SGST is ₹ 21,418 crore, IGST is ₹ 42,592 crore (including ₹ 20,324 crore collected on import of goods) and Cess is ₹7,265 crore (including ₹ 807 crore collected on import of goods).