SEBI : The term ‘subsidiary’ or ‘subsidiary company’ as defined under the Companies Act, 2013[1] (‘Act’) refer to a company i...
Company Law : MCA has issued several notifications either to clarify or broaden the ambit of Schedule VII. This Notification is yet another step...
Company Law : Background With the advancement of web-based facilities, the world is becoming technology driven to a very large extent. Connectin...
Fema / RBI : In this article we shall discuss the concept of Payment Aggregator and Payment Gateway. Further, we intend to cover the applicabil...
Company Law : Currently, only companies that follows calendar year as financial year have been granted a 3-months relaxation from holding their ...
Income Tax : The manner of distribution of the assets of a company during liquidation is fraught with ambiguity and settlement of such claims a...
Company Law : NCLT held that the principle of imposition of minimum penalty is non-mandatory in compounding of offenses cases, it is necessary t...
SEBI : In one of the recent rulings of the SAT, Mumbai, the interim order passed by SEBI in the matter of Neesa Technologies Limited(Comp...
Fema / RBI : Securities and Exchange Board of India (hereinafter known as SEBI) in its Board Meeting held on 21st January, 2015 has approved pr...
Market Abuse:It includes market manipulation, benchmark manipulation, misuse of information, or any other similar practice. Market abuse may arise in circumstances where financial market investors have been unreasonably disadvantaged, directly or indirectly, by others who:
Reserve Bank of India (‘RBI’) vide notification dated 13th March, 2019 (RBI/2018-2019/140) had notified revised framework for trade credit.
CS Ambika Mehrotra Background of the Regulations The strong and decisive steps taken by the Securities and Exchange Board of India with respect to the Prohibition of Insider Trading Regulations have been quite a matter of concern for last couple of months. The modifications in the existing SEBI (Prohibition of Insider Trading) Regulations, 2015 (‘PIT Regulations’) were […]
MCA in its attempts to streamline compliance requirements under Companies Act, 2013 and in order to remove certain discrepancies therein came up with Companies (Amendment) Act, 2017
SEBI on 14th November, 2018 issued an informal guidance under SEBI (Substantial Acquisition of Shares and Takeover) Regulation, 2011, which gives clarity on Off-Market Transaction.
Probable effects of the Companies (Amendment) Ordinance, 2018 related to Register of Charges, Registration of Charges Creation, Modification etc.
Variable Capital Company is a corporate structure that is tailored for collective investment schemes. In Singapore, the most commonly used investment fund structures are unit trusts (constituted by way of trust deeds) and investment companies.
Sundaram Finance (applicant company) on 28th August, 2018 requested SEBI to issue informal guidance for getting clarity/better understanding of the wording use in new Regulation 17 (1A) and Regulation 25 (1) both of which use the word ‘continue’ which is absent in Reg.16(1)(b)(viii).
Under the GST Regime, on and from October 1, 2018, all e-commerce operators, except agents, shall be liable to deduct tax at source at the rate of 1% i.e. 0.5% CGST + 0.5% SGST, of the net value of intra-State taxable supplies made through it by other suppliers.
People file affidavits being unaware of what its repercussions might be and also unaware of the fact whether they are at all competent to make the affidavit. Before analysing who can file an affidvit, it is important to understand the duty bestowed upon a person providing affidavit. Even before that let us first understand what an affidavit is.
