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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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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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 […]

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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 […]

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Relaxation in compliances for Shifting of Registered Office within the same State from the jurisdiction of one Registrar of Companies to another The Ministry of Corporate Affairs (MCA), in exercise of the powers conferred by section 469 of the Companies Act, 2013, has substituted Rule no.28 of Companies (Incorporation) Rules, 2014, regarding ‘Shifting of registered […]

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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 […]

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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 […]

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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 […]

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As we know that Indian Government has been trying to encourage women and in return women have proved that they can serve everywhere emphatically whether it is house or corporate world. To protect the women and to develop women, there are various legislations in India. Out of these legislations the Maternity Benefits Act, 1961 is […]

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