Appointment of Key Managerial Personnel | Section 203 read with Companies (Appointment and Remuneration of Key Managerial Personnel) Rules, 2014 Please find attached the article on appointment of Key Managerial Personnel. Please check the content in web layout version in MS word to see the diagrams properly. Key managerial personnel (KMP) is appointed to supervise […]
Should Indian parties be given interim protection by courts to arbitrations seated outside India? Section 2(2) of the Indian Arbitration and Conciliation Act, 1996 (the Act) states that provisions of Part I apply ‘where the place of arbitration is in India.’ This created confusion regarding the applicability of Part I of the Act to foreign […]
Securities and Exchange Board of India (SEBI) in its recent Circular for Investment Advisers dated 23rd September, 2020 titled “Guidelines for Investment Advisers” stated that, as per Regulation 19 (3) of the amended Investment Adviser Regulations, Investment Advisers shall ensure that Annual Audit in respect of compliance of SEBI (Investment Advisers) Regulations, 2013 and circulars […]
Nomination and Remuneration Committee under Companies Act, 2013 vis-à-vis SEBI (LODR) Regulations, 2015 Points of difference Companies Act, 2013 SEBI (LODR) Regulations, 2015 Provision Section 178 r/w Rule 6 of Companies (Meetings of Board and its power) Rules, 2014. Regulation 19. Applicability Every listed Public Company; or All Public companies with a paid up capital […]
TRANSMISSION OF CONVERSION POWER FROM NCLT TO REGIONAL DIRECTOR (RD): Transmission of Conversion Power and Process from NCLT to Regional Director by Rule 41 and The Companies (Incorporation) Fourth Amendment, Rules 2018. Before coming of the Companies (Incorporation) Amendment, Rules, the National Company Law Tribunal (NCLT) has the power for the Conversion of Public Company […]
Geographical Indication indicates in relation to particular goods that they originate from a country, region or locality and have some special characteristics, qualities or reputation, which is attributable to its place of origin. It means that Geographical Indication depicts the quality, special character related to particular goods, which cannot be find in any other place. […]
Planning a Business Trip or a vacation stay at Hotels? Know your right with respect to collection of personal data of Hotel Guests Fundamentally, the hospitality business has a simple practice – as is frequently said, it adds up to placing heads in beds. In any case, managing to find the heads to be placed […]
Ind-AS-2 Accounting for Inventories incorporating Companies (Indian Accounting Standards) Amendment Rules 2020 Ind-AS-2. Accounting for Inventories incorporating Companies (Indian Accounting Standards) Amendment Rules 2020I hereby want to summarize the latest provisions with respect to Ind-AS 2 –Inventories. Following are the important and latest provisions. Companies (Indian Accounting Standards) Amendment Rules 2020. AS-2 Valuation of Inventories […]
Free of cost ITR preparation software available with interactive questions to help taxpayers for ITRs 1, 4 (online and offline) and ITR 2 (offline) to begin with; Facility for preparation of ITRs 3, 5, 6, 7 will be made available shortly;
Applicable Provisions: Section 43 of Companies Act, 2013 r/w Rule 4 of Companies (Share Capital and Debentures) Rules, 2014. Section 43 enables a company to issue equity shares with differential voting rights as to dividend, voting rights, etc. and at the same time Rule 3 of 2014 Rules states that the provisions of these rules […]
