This blog is in continuation of our blog on check list for warehouses. In this blog we are sharing our thoughts on most critical part of compliance i.e. Fire NoC. While we engage with SCM team of on the requirement of Fire NoC, the most common answer is “Fire NoC not required as the height […]

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The Indian Computer Emergency Response Team (CERT-In) is the national agency for performing various functions in the area of cyber security in the country as per provisions of section 70B of the Information Technology Act 2000. CERT-In is an arm of the Ministry of Electronics and Information Technology (MeitY) which deals with cyber security threats […]

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Warehouses play a key role in the supply chain of an organisation. They play integral role between the factory and market place to ensure that goods manufactured in plant are delivered safely and timely manner to dealers or end user. According to the report ‘Warehousing Market in India 2021’, the warehousing industry which valued at […]

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As another progression towards CSR Reporting and making it as a part of annual disclosure, Ministry of Corporate Affairs (MCA) vide its notification dated 11th February, 2022 has notified Companies (Accounts) Amendment Rules, 2022 which seeks to amend the Companies (Accounts) Rules, 2014. Pursuant to amendment in the Companies (Accounts) Rules, 2014 a new sub-rule […]

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IMPORTANCE OF COMPLIANCE CALENDAR With the growing complexities and ever-growing areas getting under regularized phenomenon, it is always wise to have compliance calendar, whether offline or online, as the requirements are getting changes every now and then and cost of compliance is way more than cost of non-compliance. For the organization with professionals on Board, […]

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Omission of restriction on conducting Board Meeting through Audio Visual Means for certain matters listed in Rule 4 of the Companies (Meetings of Board and its Powers) Rules, 2014 –– Welcome Step by Ministry of Corporate Affairs Amidst compliance chaos during the pandemic running in the country, Ministry of Corporate Affairs has come up with […]

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Tamil Nadu government gazette published on March 24th, 2021; vide notification No. SRO A-9/2021 G.O. Ms. No. 33 amendments to the Tamil Nadu Factories Rules, 1950 given by the Labour and Employment Department covering following amendments –  The amendments are made in Rule 103 namely “Maintenance of Muster Roll and Registers” has been substituted in […]

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The global outbreak of corona virus (COVID-19) is an unprecedented event that has led to lockdowns and unexpected restrictions on the public as well as the corporate sector across the world. Due to this situation companies are likely to face difficulties in undertaking timely compliances of various applicable laws. Keeping in mind the aforesaid, SEBI has […]

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The MSME Development Act, 2006 (‘MSMED Act’) strengthens the provisions relating to delayed payments to the Micro, Small and Medium Enterprises (‘MSME’) by specifying the maximum credit period and higher penal interest if delayed beyond that period. If there is a delay in payment, companies will have to mention the reason for such delay in […]

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