Letter by Confederation of All India Traders to Hon’ble Prime Minister on Havoc of Coronavirus and Need of a National Lockdown. 09th May, 2021 Shri Narendra Modi Hon’ble Prime Minister Government of India New Delhi Respected Shri Modi Ji, Sub : Havoc of Coronavirus – Need of a National Lockdown At the outset, we compliment […]
The Apex Court in the case of Suo Motu Writ Petition (C) No. 1/2020 In Re: Contagion of Covid 19 Virus in Prisons has considered the measures for de-congestion of the jails on account of threat of spread of infection of novel corona virus and by the order dated 07.05.2021.
Certificate of Deposit (CD) is a negotiable instrument and issued in dematerialised form or as a Usance Promissory Note against funds deposited at a BU for a specified time period.
Hello Professionals! We all have heard about ‘Quality Review Board’, and here I will provide a snapshot about the Quality Review Board. In the current scenario where day by day new provisions, law and regulations are implementing to regularise & strengthen the economy of the country, Government of India is also imposing a watch on […]
In the Supreme Court’s judgment in Paramvir Singh Saini vs. Baljit Singh and Ors. [SLP (Criminal) No. 3543 of 2020 decided on 02-12-2020], the Union of India has been directed to install CCTV cameras and recording equipment in the offices of CBI; NIA; ED;NCB;DRI;SFIO; and any other agency which carries out interrogations and has power […]
PMLA and KYC compliance for an AIF (Alternative Investment Fund) INTRODUCTION KYC as a part of PMLA compliance is a mandatory compliance procedure that regulators in India have specified for Banks and financial intermediaries registered with these regulators. The KYC is one of the most vital compliance process for any institution dealing in the financial […]
In accordance with the Section 406 of the Companies Act, 2013 and the rules made thereunder, a “Nidhi Company” means a company incorporated as a Nidhi along with the object of – -Cultivating the habit of thrift and savings amongst the members, and -Receiving deposits from and lending to the members for their mutual benefit, […]
SEBI notifies Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Second Amendment) Regulations, 2021 vide Notification No. SEBI/LAD-NRO/GN/2021/18 dated 5th May, 2021 to amend Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. This article explains amendment vide SEBI (LODR) (second amendment) regulations, 2021 Earlier Now […]
Understanding Section 29-A of IBC’16 regarding ineligibility criteria to submit Resolution Plan Insolvency and Bankruptcy Code, 2016 (IBC) looks after consolidating such laws relating to corporate insolvency resolution process of corporate persons, individuals as well as partnerships in a timely manner and simultaneous revival of such insolvent companies by application of resolution plan.[1] The prospective […]
Pursuant to the decision taken at SEBI Board meeting dated March 25, 2021 on introducing new sustainability related reporting requirements, SEBI has today issued a Circular containing the format of the Business Responsibility and Sustainability Report
