RBI has replaced the present email-based reporting system for submission of the FLA return by web-based system online reporting portal, to enhance the security-level in data submission and improve data quality. It facilitates data submission by eligible entities {including the alternative investment funds (AIF) registered with the Securities and Exchange Board of India (SEBI) as […]
Read More →Government of India announced demonetization with lot of expectations to curb black money but outcome of that was not satisfactory. Later Government realized that some companies were the reason behind weak result of demonetization. Last year Government decided to list out those companies and to take strict actions against those companies. For this Indian Government […]
Read More →A country can never be developed until it is free of corruption and the only strategy to control corruption is implementing the laws strictly. As we know that Government of Indian with the help of various Ministries and departments is trying to implement laws strictly. As per the Press Information Bureau dated 5th November, 2017 […]
Read More →In light of the ongoing practices by shell companies of getting entry into the stock market and becoming a helping hand for money laundering and frauds, The Securities and Exchange Board of India is planning to tighten the current listing criteria for companies. At present, the minimum post issue capital requirement of an applicant company […]
Read More →During 19th century, use of petroleum was limited. Since petroleum is dangerous, India needed legislations for regulating petroleum. Finally Indian Petroleum Act, 1899 was passed. With the rapid developments in the use of petroleum that took place in subsequent years it became unsuitable in several ways. As early as 1903, the attention of the Government of […]
Read More →Sh. V.P. Singh Badnore, the Governor of Punjab and Administrator, U.T., Chandigarh has launched an Online Single Window System for ease of doing business in Chandigarh. Investors can take online permissions and approvals in a time bound schedule from related departments like Estate Office, Labour Department, Chandigarh Municipal Corporation and Engineering Department etc. for setting […]
Read More →Do not file your case without checking these important points: 1. CHECK THE DOCUMENTS CAREFULLY. It’s a double edged sword as any document against you can hamper the whole matter. 2. DOUBLE-CHECK THE CAUSE OF ACTION AND OCCURRENCE OF EVENTS. Cause of action and occurrence of events shall be specially pleaded if possible with date and […]
Read More →ESOPs BY FOREIGN HOLDING TO THE EMPLOYEES OF ITS INDIAN SUBSIDIARY List of Prescribed Compliances- Under FEMA and Companies Act, 2013 A) Compliances Under FEMA: In compliance of Master Circular on Direct Investment by Residents in Joint Venture (JV) / Wholly Owned Subsidiary (WOS) Abroad (Master Circular No. 11/2015-16) Section (C): Other Investments in Foreign […]
Read More →Whereas for the ease of doing business in India Ministry of labour and ministry have introduced Ease of “Compliance to Maintain Registers under various Labour Laws Rules, 2017” vide its notification dated 21st February, 2017. Corporates were required to maintain multiple registers under various labour laws in physical form wherein most of the times the […]
Read More →The Ministry of Corporate Affairs (MCA), in exercise of the powers conferred by sub-sections (1), (2), (3), (4), (8), (9), (10) and (11) of section 125 and sub-section (6) of section 124 read with section 469 of the Companies Act, 2013 vide Notification no. G.S.R. 854(E) dated 5th September, 2016 had notified Investor Education and […]
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