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Atma Nirbhar Bharat- Part-5: Government Reforms and Enablers

May 18, 2020 8037 Views 0 comment Print

Presentation of details of 5th Tranche announced by Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman under Aatmanirbhar Bharat Abhiyaan to support Indian economy in fight against COVID-19

MCA Clarification on holding of AGM through video conferencing or OAVM

May 18, 2020 7002 Views 0 comment Print

MCA has issued Clarification on holding of Annual General meeting through video conferencing or other audio-visual means (OAVM)- [Refer MCA General Circular Nos. (i) 20/2020 dated 5th May, 2020 (AGM Circular), (ii) 14/2020, dated 08.04.2020 (EGM Circular – I) and (iii) 17/2020 dated 13.04.2020 (EGM Circular – ll)]

MCA Clarification on Passing of Ordinary & Special Resolutions by Companies

May 18, 2020 1320 Views 0 comment Print

Institute of Chartered Accountants of India Announcement  MCA has issued Clarification on passing of ordinary and special resolutions by companies on account of the threat posed by Covid-19 and holding an extraordinary general meeting  Section 100 (1) of the Companies Act, 2013 (the Act), the Board may, whenever it deems fit, call an extraordinary general meeting […]

MCA Clarification on dispatch of notice by Listed entities for rights issue

May 18, 2020 870 Views 0 comment Print

MCA has issued Clarification on dispatch of notice by Listed entities for rights issue opening under section 62(2) of Companies Act, 2013 up to 31st July, 2020 

Auditor’s Reporting Key Audit Considerations amid COVID-19

May 18, 2020 7359 Views 0 comment Print

While preparing the financial statements, considering the nature of business of the entity, the management needs to make a detailed assessment (to the extent possible based on the information available) of the impact of COVID- 19 on the items, components of the financial statements including disclosures in the financial statements (e.g. appropriateness of carrying values of goodwill and other intangible future operating results, cash flows and financial position of the entity.

Key Highlights of FM Speech 17.05.2020

May 17, 2020 1113 Views 0 comment Print

Key Highlights of FM Speech 17.05.2020 on major Law Reforms, EODB, Health, Public Sectors- (Self-Reliant India Movement -V)  Overview of last four Tranches: The first tranche included measures for small businesses, the second aimed at helping migrant workers and the third aimed at Agriculture, Farmers and Workers and the Fourth aimed at Structural Reforms. Key […]

Effective Implementation of RERA can Restore Trust Between Buyer & Seller

May 17, 2020 819 Views 0 comment Print

Primary Aim is to Address Concerns of Homebuyers to Ensure Completion of Projects: Durga Shanker Mishra More Than 52,000 Real Estate Projects &40,517 Real Estate Agents Registered Under RERA RERA Day Organized

Merger control for IRPs: Do acquisitions of distressed firms warrant competition scrutiny?

May 17, 2020 1905 Views 0 comment Print

This paper examines the proposal to use green channelling to give automatic approval to Insolvency Resolution Plans (IRP) that meet merger thresholds of the Competition Commission of India (CCI).

Atma Nirbhar Bharat Part-4: New Horizons of Growth

May 16, 2020 9288 Views 0 comment Print

Presentation of details of 4th Tranche announced by Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman under Aatmanirbhar Bharat Abhiyaan to support Indian economy in fight against COVID-19 Policy Reforms to fast-track Investment Effort towards Atmanirbhar Bharat Fast track Investment Clearance through Empowered Group of Secretaries (EGoS). Project Development Cell in each Ministry to […]

Atma Nirbhar Bharat: Part-3 – Agriculture

May 16, 2020 12246 Views 4 comments Print

Ministry of Finance Presentation of details of 3rd Tranche by Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman under Aatmanirbhar Bharat Abhiyaan to support Indian economy in fight against COVID-19 Yesterday’s announcements related to farmers 1. Rs 30,000 crore Additional Emergency Working Capital for farmers through NABARD NABARD will extend additional re-finance support of […]

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