The Ministry of Corporate Affairs vide its notification dated 15th June, 2021 further amended the Companies (Meetings of Board and its Powers) Rules, 2014 and makes rules, the Companies (Meetings of Board and its Powers) Amendment Rules, 2021. This governing step of ministry ensures the businesses, to carry on their important matters to be dealt […]
Private Placement of Securities: A Wider Perspective (Including relevant compliance in case shares allotted to NRI Entity) The purpose of this article is to get an overlook about the applicable provisions, process to be complied along with requirements of law where at any time, a company having a share capital proposes to increase its subscribed […]
National Highways Authority Of India (NHAI): Functions & Concession Agreements National Highways Authority of India was set up by an act of the Parliament, NHAI Act, 1988 ‘An Act to provide for the constitution of an Authority for the development, maintenance and management of national highways and for matter connected therewith or incidental thereto’. It […]
The purpose of this article is to get an overlook about the direction by Board to Registered intermediaries (RI) to upload the KYC records with Central KYC Records Registry (CKYCR) as well as to get deep understanding about the entity details and documents need to be submitted on Central KYC Records Registry (CKYCR) by Legal […]
The Ministry of Law and Justice notified the Foreign Contribution (Regulation) Amendment Act 2020 (FCRA Amendment Act) which amends the existing provisions of the Foreign Contribution Regulation Act 2010 (FCRA) after receiving assent of the President of India on the 28th September, 2020. The FCRA Amendment Act brings in a slew of amendments to the […]
We all do live, work, entail, access digital era, hence it’s too important us to know the digital solutions in case any fraudulent activity or crime committed. Digital Era is a period where is a shift process occurs from industry based to information technology based. Economy using computer or other technology devices as medium or […]
Resignation of Statutory auditors from Listed Entities & their Material Subsidiaries As preamble of the Securities and Exchange Board of India describes, its basic function to protect the interests of investors in securities and to promote the development of, and to regulate the securities market and for matters connected therewith or incidental thereto, Board mandated […]
In view of the developments arising due to the spread of the COVID-19 pandemic, a need for temporary relaxations in compliance with certain deadlines in various SEBI Regulation is warranted by the Board, due to the prevailing travel restrictions and various other logistical challenges. The details of the reliefs provided by SEBI to listed entities […]
What is the time-frame for obtaining certification of Inter-Ministerial Board for availing tax exemption post successful application? The Inter- Ministerial Board meeting typical takes place once a month. The cases in the meeting are processed in a serial order. The communication regarding the decision is sent to the registered email address of the Startup.
Corporate Insolvency Resolution Process is a recovery mechanism for creditors. If a corporate becomes insolvent, a financial creditor, an operational creditor, or the corporate itself may initiate CIRP. The insolvency resolution process (IRP) is a one under the Insolvency and Bankruptcy Code, 2016, where the National Company Law Tribunal (NCLT) initiates a corporate insolvency resolution […]
