Company Law India: Read latest Company law news & updates, acts, circular, notifications & articles issued by MCA amendment in companies Act 2013. Article on Loans Company formation XBRL, Schedule VI IFRS.
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G.S.R. 77(E). – In exercise of the powers conferred by section 58A read with section 642 of the Companies Act, 1956 ( 1 of 1956), the Central Government, in consultation with the Reserve Bank of India, hereby makes the following rules further to amend the Companies (Acceptance of Deposits ) Rules, 1975, namely.
The Companies (Issue of Share Capital with Differential Voting Rights) (Amendment) Rules, 2002.
For the purposes of this section, “Remuneration Committee” means that a committee which consists of at least three non-executive independent directors including nominee director or nominee directors,
G.S.R. 27(E).- In exercise of the powers conferred by sub-clause (ii) of clause (a) of section 86 read with clauses (a) and (b) of sub-section (1) of section 642 of the Companies Act, 1956 (1 of 1956), the Central Government hereby makes the following rules to amend the Companies
directed to forward herewith a copy of the Companies (Amendment) Act, 2001 published in the Gazette of India (Extraordinary) on 24th December, 2001 for your information and necessary action.
Constitution of a Committee to administer the Investor Education and Protection Fund.
In exercise of the powers conferred by sub-section (4) of section 205C of the Companies Act, 1956 (1 of 1956), the Central Government hereby constitute a Committee consisting of the following persons to administer the Investor Education and Protection Fund established by the Central Government vide GSR No. 750(E) dated 1.10.2001,
Appointment of Managerial Personnel and payment of Managerial Remuneration in case of Companies having no profit or inadequate profit – rationalization thereof.
G.S.R. 924(E).- In exercise of the powers conferred by sub-section (4) of section 233B, read with sub-section (1) of section 227 and clause (b) of sub-section (1) of section 642, of the Companies Act, 1956 (1 of 1956), and in supersession of the Cost Audit (Report) Rules, 1996, except as respect things done or omitted to be done, before such supersession, the Central Government hereby makes the following rules, namely
The expenses incurred by the Research and Development Department for providing technical know-how to outsiders shall be recorded separately and excluded from the cost of activities under reference. The amount recovered for providing technical know-how to outsiders shall also be indicated separately and excluded from the income arising from the sale of outputs or activities under reference.