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Mithun B. Shenoy

Latest Posts by Mithun B. Shenoy

Margin Trading – A Guide

May 9, 2020 5826 Views 1 comment Print

Investors normally trade in securities using their own funds. Sometimes, based on the market conditions in stock exchange, they wish to trade beyond their owned resources. This type of trading in the securities is supported by the borrowing facility for funds and securities, in the system.

Fugitive economic offenders : A serious threat to world nation

March 20, 2020 3465 Views 1 comment Print

Introduction Corporate India witnessed various fraud and economic offences which have tampered the economy as well as banking sector. Some of prominent instances have been the Punjab National Bank scam (PNB Scam) having Mr. Nirav Modi & Choksi Group at the center of it, looted Rs. 12,636 crores and left India for quite a long […]

Section 8 Companies- A Corporate Form of Non-Profit Organisation

September 22, 2019 50946 Views 2 comments Print

India’s rich experience in philanthropy which received more publicity over last few years and many wealthy individuals are coming forward to donate for country’s poor. Non Governmental organizations (NGO) are also playing great role in this process. Tata Trusts, a CSR wing of Tata Group, is directly involving in charitable activities in pursuance to its […]

Significant Beneficial Ownership- A Wake-Up Call For Disclosure!

June 9, 2019 4209 Views 0 comment Print

INTRODUCTION The Corporate vehicle is considered as channel by defaulters for siphoning of funds for illegitimate purposes like money laundering, tax evasion, corruption, terror financing and illegal activities. In the wake to prevent the misuse of funds & money laundering, the Financial Action Task Force (FATF), an inter-governmental organization formulated various recommendations to tap such […]

Board’s Report -Ready Reckoner (including amendment under Companies (Amendment) Act, 2017)

June 26, 2018 10821 Views 1 comment Print

Article explains Board’s Report – Ready Reckoner (including amendment under Companies (Amendment) Act, 2017), Additional Compliance For Listed Companies Under SEBI (Listing Obligations And Disclosure Requirements) Reg, 2015 And Punishment For Non Compliance Of Section 134  Of Companies Act, 2013. Sl. No. Section under Companies Act, 2013 / its Rules Particulars Applicable to Company Type […]

Managerial Personnel Appointment & Remuneration- In Light of Companies (Amendment) Act, 2017

May 23, 2018 24513 Views 1 comment Print

This Article portrays detailed analysis on Managerial Personnel appointment and remuneration under the purview of Companies Act, 2013 including Companies (Amendment) Act of 2017.

NBFC-Ds: Beyond Border line of Compliances

January 14, 2018 5580 Views 0 comment Print

Introduction India being the divergent Country, focused on economic growth and the Financial Institutions (“FI”) play a dominant role in the economy which spread out its surplus fund to the borrower in unbanked regions. Over the last few decades, Non Banking Financial Companies (“NBFC”) have reckoned as one of the most conspicuous and most recognized […]

Convergence from FII to FPI: a Novel Sunrise for Company Secretary Professionals

July 27, 2017 2775 Views 0 comment Print

In order to streamline the deficiencies, functioning and to pluck out money laundering in the area of Foreign Investment by Institutional Investors abroad, Securities and Exchange Board of India (SEBI) has come up with new regulation being SEBI (Foreign Portfolio Investors) Regulations, 2014

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