Highlights of Union Budget 2016-2017
Honorable Finance Minister Shri Arun Jaitley presented his Third Union Budget 2016-17 in parliament. The budget has received overwhelming response from various sectors and is louded as a progressive and reformist budget, aiming to curtail fiscal deficit, accelerate economic growth, and creating enormous employment opportunities. Towards this end, this budget is more focused on agro, […]
MCA portal to remain close from 27/02/2016 to 28/02/2016
Due to maintenance activity, Companies, LLP and VPD services will remain closed from 27/02/2016 10:00 PM upto 28/02/2016 8.00 AM. The Ministry of Corporate Affairs (MCA) has requested the stakeholders to plan their filing accordingly.
Notice Inviting Comments on the Draft Companies (Cost Records and Audit) Amendment Rules, 2016
MCA on 23rd February, 2016, Tuesday has issued Notice inviting comments on the draft Companies (Cost Records and Audit) Amendment Rules, 2016 posted on its website. The MCA has invited suggestions/comments on the same along with justification in brief; which are to be given latest by 8th March, 2016 at the email id: cra@mca.gov.in. The sender should clearly […]
Definition of Start up
Ministry of Commerce and Industry (DIPP), vide notification no. GSR 180(E) on Wednesday, the 17th February, 2016 has notified definition of ‘Startup’. To bring uniformity in the identified enterprises, an entity shall be considered as a ‘startup’- Up to five years from the date of its incorporation/registration, If its turnover for any of the financial years […]
Notice Inviting Comments On The Draft Companies (Incorporation) Second Amendment Rules 2016
MCA on 17th February, 2016, Wednesday has issued Notice inviting comments on the draft Companies (Incorporation) Second Amendment Rules 2016 posted on its website. The MCA has invited suggestions/comments on the same along with justification in brief; which are to be given latest by 2nd March, 2016 at the email id: conv.ulc@mca.gov.in. The sender should clearly indicate the name, Telephone […]
Notice inviting comments on the draft Companies (Authorised to Registered) Amendment Rules 2016
MCA on 17th February, 2016, Wednesday has issued Notice inviting comments on the draft Companies (Authorised to Registered) Amendment Rules 2016 posted on its website. The MCA has invited suggestions/comments on the same along with justification in brief; which are to be given latest by 2nd March, 2016 at the email id: conv.firm@mca.gov.in. The sender should clearly indicate the […]
Notice inviting comments on the draft Companies (Accounting Standards) Amendment Rules 2016
MCA on 16th February, 2016, Tuesday has issued Notice inviting comments on the draft Companies (Accounting Standards) Amendment Rules, 2016 posted on its website. The MCA has invited suggestions/comments on the same along with justification in brief; which are to be given latest by 1st March, 2016 at the email id: cas@mca.gov.in. The sender should clearly indicate the name, […]
Notice inviting comments on the draft Companies (Indian Accounting Standards) Amendment Rules 2016
MCA on 16th February, 2016, Tuesday has issued Notice inviting comments on the draft Companies (Indian Accounting Standards) Amendment Rules, 2016 posted on its website. The MCA has invited suggestions/comments on the same along with justification in brief; which are to be given latest by 1st March, 2016 at the email id: cindas@mca.gov.in. The sender should clearly indicate the […]
SEBI (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) (AMENDMENT) REGULATIONS, 2016
SEBI vide Notification No. SEBI/LAD-NRO/GN/2015-16/035 dated 17/02/2016 issued the Securities And Exchange Board Of India (Substantial Acquisition Of Shares And Takeovers) (Amendment) Regulations, 2016, Thereby inserting, Sub – Regulation (4) of the Regulation 3 as “Nothing contained in the regulation shall apply to acquisition of shares or voting rights of a company by the promoters or […]
SEBI (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) (SECOND AMENDMENT) REGULATIONS, 2016
SEBI vide Notification No. SEBI/LAD-NRO/GN/2015-16/036 dated 17/02/2016 issued the Securities And Exchange Board Of India (Issue Of Capital And Disclosure Requirements) (Second Amendment) Regulations, 2016, Thereby inserting “Chapter VI-A conditions and manner of providing exit opportunity to dissenting shareholders” in terms of section 13(8) and section 27(2) of the Companies Act, 2013. The said Amended Regulation can […]