Company Law : As per Section 128 of the Companies Act, 2013, Every company shall prepare and keep at its registered office books of account and ...
Company Law : Secretarial Standard on General Meeting issued by the Council of the ICSI and approved by Central Government is to be mandatorily ...
SEBI : Acquisition Of Shares Or Voting Rights Pursuant To Inter-Se Transfer Among Qualifying Parties Under SEBI (Substantial Acquisition...
SEBI : SEBI has notified and issued SEBI (Prohibition of Insider Trading) Regulations, 2015 on January 15, 2015. These regulations are no...
Company Law : Note on Median Remuneration Calculation as per Companies Act, 2013 and The Companies (Appointment and Remuneration) Rules, 2014. O...
As per Section 128 of the Companies Act, 2013, Every company shall prepare and keep at its registered office books of account and other relevant books and papers and financial statement for every financial year which give a true and fair view of the state of the affairs of the company, including that of its branch office or offices
Secretarial Standard on General Meeting issued by the Council of the ICSI and approved by Central Government is to be mandatorily adhered by all Companies as per the Provision of Section 118 (10) of Companies Act, 2013.
Acquisition Of Shares Or Voting Rights Pursuant To Inter-Se Transfer Among Qualifying Parties Under SEBI (Substantial Acquisition Of Shares And Takeover) Regulations, 2011-According to Regulation 10(1) (a), acquisition pursuant to inter se transfer of shares among the qualifying parties are exempted from the obligation to make an open offer under regulation 3 and regulation 4.
SEBI has notified and issued SEBI (Prohibition of Insider Trading) Regulations, 2015 on January 15, 2015. These regulations are notified to replace the earlier framework of SEBI (Prohibition of Insider Trading) Regulations, 1992 which are in place for the past two-decades.
Note on Median Remuneration Calculation as per Companies Act, 2013 and The Companies (Appointment and Remuneration) Rules, 2014. Overview: As per Section 197 (12) read with Rule 5 (1) (i) of The Companies (Appointment and Remuneration) Rules, 2014, the listed companies are required to provide the disclosure of the ratio of the remuneration of each director to the median remuneration of the employees of the company for the financial year in the Board’s Report.
Under Section 118 of Companies Act, 2013 every Company is required to cause the minutes of the proceedings of every: 1. General Meeting of any class of shareholders or creditors; 2. Resolution passed by Postal Ballot; 3. Meeting of Board of Directors or committee of the Board
What is a Related Party Transaction? Under Section 188 of Companies Act, 2013 Entering into any contract or arrangement with a related party with respect to:- a) Sale, purchase or supply of any goods or materials; b) Selling or otherwise disposing of, or buying, property of any kind; c) Leasing of property of any kind; d) Availing or rendering of any services;
In case of non compliance with the requirement of clause 41 it will be an offence and violation of the provisions of Listing Agreement. What are the implications in case of Non-compliance with the provisions of Listing Agreement:
Disclosures of Shareholding and Control under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011-The intent behind the disclosure regime is not only to ensure that the target company is not taken by surprise but also to ensure that the price discovery in the market for the shares of the target company takes place in an informed manner
Section 129 of the Companies Act, 2013 lays down that the financial statements shall give a true and fair view of the state of affairs of the Company or Companies comply with the Accounting Standards and the format of those financial statements shall be as per Schedule III of CA, 2013.
