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SEBI Guidance Note on Board Evaluation

January 5, 2017 4882 Views 0 comment Print

The Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR) contain broad provisions on Board Evaluation i.e. evaluation of the performance of: (i) the Board as a whole, (ii) individual directors (including independent directors and Chairperson) and

Analysis of Companies Incorporation Fifth Amendment Rules, 2016

January 5, 2017 4927 Views 1 comment Print

Companies Incorporation Fifth Amendment Rules, 2016- MCA has replaced the Form No. INC-2 and Form No. INC- 7 with Form INC-7 and Form INC-32 (SPICe)

Transitional Provisions under Revised Model GST Law- Part-XI

January 5, 2017 2590 Views 0 comment Print

Provision for transfer of unutilized Cenvat Credit by taxable person having centralized registration under the earlier law

Public Issue of NCD having credit rating below Investment Grade

January 5, 2017 2155 Views 0 comment Print

With respect to the credit rating requirements for public issuance of debt securities, Regulation 4(2) of ILDS Regulations mentions that, an issuer making a public issue of debt securities has to obtain credit rating from at least one credit rating agency registered with the Board and disclose it in the offer document.

ICAI released Revised Standard on Auditing (SA) 720 for comments

January 5, 2017 2062 Views 0 comment Print

Your comments on Exposure Draft Standard on Auditing (SA) 720 (Revised) The Auditor’s Responsibilities Relating to Other ,should reach us by February 20, 2017.

Customs Rate of exchange of foreign currency WEF 06.01.2017

January 5, 2017 1042 Views 0 comment Print

Rate of exchange of one unit of foreign currency equivalent to Indian rupees with effect from 6th January, 2017 as notified by CBEC

Transitional Provisions under Revised Model GST Law- Part-X

January 5, 2017 5191 Views 0 comment Print

It is provided in sub-section (1) that every proceeding of appeal, revision, review or reference relating to a claim for CENVAT credit initiated whether before, on or after the appointed day, under the earlier law shall be disposed of in accordance with the provisions of earlier law

Get discount for on-line payment of LPG refill

January 5, 2017 2662 Views 2 comments Print

Oil Marketing Companies, viz Indian Oil, BPCL & HPCL are now offering an upfront discount of Rs 5/- on every LPG refill to all LPG customers who will book and pay for their LPG cylinders online.

SC ask details of cases where validity of search & seizure questioned

January 5, 2017 4900 Views 0 comment Print

SC has desired that it be informed regarding number & details of such cases pending before High Courts and Tribunals wherein the Courts/Tribunals have questioned validity of search and seizure operations

SEBI (Alternative Investment Funds) (Amendment) Regulations, 2016

January 4, 2017 1558 Views 0 comment Print

No. SEBI/LAD/NRO/GN/2016-17/026.– In exercise of the powers conferred by sub­section (1) of section 30 read with sub-section (1) of section 11, clause (ba) and clause (c) of sub-section (2) of section 11 and sub-sections (1) and (1 B) of section 12 of the Securities and Exchange Board of India Act, 1992 (15 of 1992)

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