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Commercial Papers not comes within the purview of deposits

August 16, 2019 1245 Views 0 comment Print

We advise that Sub-regulation (3) of Regulation 6 of the above Regulations, in terms of which a Company may accept deposits through issue of Commercial Paper (CP), has been reviewed vis-à-vis other Statutes/Regulations – notably Section 45 U(b) of RBI Act, 1934 describing CP as one of the Money Market Instruments and Section 2(c) of Companies (Acceptance of Deposits), Rules 2014 which excludes any amount received against issue of, inter alia, CPs from definition of deposits.

IBC (Amendment) Act, 2019 applicable from 16, August, 2019

August 16, 2019 5244 Views 0 comment Print

MCA notifies that  Insolvency and Bankruptcy Code (Amendment) Act, 2019 comes into force from 16, August, 2019. GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS New Delhi, the 16, August, 2019. NOTIFICATION S.O. 2953(E).- In exercise of the powers conferred by sub-section (2) of section 1 of the Insolvency and Bankruptcy Code (Amendment) Act, 2019 (26 […]

Protection of Children from Sexual Offences (Amendment) Act, 2019 applicable from 16.08.2019

August 16, 2019 804 Views 0 comment Print

Central Government hereby appoints the 16th August, 2019 as the date on which the Protection of Children from Sexual Offences (Amendment) Act, 2019 shall come into force. MINISTRY OF WOMEN AND CHILD DEVELOPMENT (CW-I Section) NOTIFICATION New Delhi, the 16th August, 2019 S.O. 2957(E).—In exercise of the Powers conferred by sub-section (2) of section 1 […]

Companies (Share Capital and Debentures) Amendment Rules, 2019

August 16, 2019 8190 Views 0 comment Print

(1) These rules may be called the Companies (Share Capital and Debentures) Amendment Rules, 2019. (2) They shall come into force on the date of their publication in the Official Gazette.

IEPF Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2019

August 14, 2019 18036 Views 0 comment Print

These rules may be called the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2019.

Maharashtra Amnesty: Due date extended for Submission of Form & Payment

August 14, 2019 1263 Views 0 comment Print

Due dates under Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee Act, 2019 for Submission of application in Form-I or Form-IA in and for making payments for Settlement by the Identified Taxpayers extended till 23rd August 2019. FINANCE DEPARTMENT Madam Cama Marg, Hutatma Rajguru Chowk, Mantralaya, Mumbai 400 032, dated the 14th […]

MCA notifies Sections of Companies (Amendment) Act, 2019

August 14, 2019 9147 Views 0 comment Print

MCA notifies certain Sections of the Companies (Amendment) Act, 2019 The Companies (Amendment) Act, 2019 contains: 1. All provisions introduced by The Companies (Amendment) Ordinance, 2018. (Dated 02.11.2018) 2. All provisions introduced by The Companies (Amendment) Ordinance, 2019. (Dated: 12.01.2019) 3. All provisions introduced by The Companies (Amendment) Second Ordinance, 2019. (Dated 21.02.2019 Companies (Amendment) […]

CCI (Procedure in regard to transaction of business relating to combinations) Amendment Regulations, 2019

August 13, 2019 5580 Views 0 comment Print

THE COMPETITION COMMISSION OF INDIA NOTIFICATION New Delhi, the 13th August, 2019 The Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Amendment Regulations, 2019 F.No. CCI/CD/Amend/Comb. Regl./2019.—In exercise of the powers conferred by section 64 of the Competition Act, 2002 (12 of 2003), the Competition Commission of India […]

Govt notifies Part I, IV, VI & VII of Chapter VI of Finance Act, 2019

August 9, 2019 3906 Views 0 comment Print

Government hereby appoints the 9th day of August, 2019, as the date on which the provisions of Part I, IV, VI & VII of Chapter VI of the Finance (No. 2) Act, 2019 (23 of 2019), shall come into force. PUBLISHED BY AUTHORITY MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 9th […]

Motor Vehicles (Amendment) Act, 2019

August 9, 2019 16707 Views 0 comment Print

(1) This Act may be called the Motor Vehicles (Amendment) Act, 2019. (2) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint and different dates may be appointed for different provisions of this Act and any reference in any such provision to the commencement of this Act shall be construed as a reference to the coming into force of that provision.

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