Reporting under Foreign Direct Investment Scheme – Mandatory filing of forms ARF, FCGPR and FCTRS on e-Biz platform & discontinuation of physical filing from February 8, 2016
The Reserve Bank of India (RBI) on Monday the 1st February, 2016 issued Circular , RBI/2015-16/303 A.P. (DIR Series) Circular No. 40 to Authorised Dealers Category-I (AD Category – I) banks relating to mandatorily filing of following forms, only through online mode on e-Biz portal with effect from 8th February, 2016 – Advanced Remittance Form (ARF), […]
Report of the Company Law Committee
MCA on 1st February, 2016, Monday has posted on its website, most awaited Report of the Company Law Committee, February, 2016. The Company Law Committee has set up on the 4th June, 2015, to make recommendations to the Government on issues arising from the implementation of the Companies Act, 2013 as well as on the […]
NSE Circular making mandatory filing prescribed documents online
The National Stock Exchange of India Limited (NSE) has, in furtherance of its 2 earlier circulars no. NSE Circular_NSECML201523_dt 28.12.15 and circular no. NSE_Circular No. NSE_CML_2016_3 dt 21.01.2016; on Monday 25, January, 2016, came out with a Circular No. NSE/CML/2016/4 (to be effective from 29th January, 2016); Exchange, mentioning use of specified email-ids for acquirers/sellers/merchant bankers […]
Establishment of the Central Registration Centre
MCA vide its Notification No. S.O. 218 (E) dated 22nd January, 2016, Under Section 396 of the Companies Act, 2013, established the Central Registration Centre to process name approval applications for discharging or carrying out the function of processing and disposal of applications for reservation of names under the provisions of the Companies Act, 2013. […]
Companies (Incorporation) amendment Rules, 2016
MCA vide Notification No. GSR 99 (E) on Friday, 22nd January, 2016, has amended the Companies (Incorporation) Amendment Rules, 2016 by omitting and substituting certain clauses of the Companies (Incorporation) Rules, 2014. The said Amendment Rules shall be effective from 26th January, 2016. The Companies (Incorporation) Amendment Rules, 2016 can be accessed at the following link: MCA_Notification No. GSR […]
NSE Circular making mandatory filing prescribed documents online:
In continuation of its earlier circular no. NSE/CML/2015/23 dated 28 December, 2015, the National Stock Exchange of India Limited (NSE) on Thursday 21, January, 2016, has came out with a Circular No. NSE/CML/2016/3; by which NSE has announced launching of the following E-filing modules on NEAPS, thereby widening the scope of E-filling by corporate listed […]
Whether Hindu Undivided Family (HUF) / its Karta can become partner / Designated Partner in Limited Liability Partnership (LLP)
In continuation of its General Circular no. 13/2013 dated 29th July, 2013, MCA has came out with the General Circular No. 2/ 2016 dated 15th January, 2016. In its recent General Circular, MCA has clarified that, as per section 5 of LLP Act, 2008 only an individual or body corporate may be a partner in […]
SEBI (ICDR) (Amendment) Regulations, 2016
SEBI on 21st January, 2016, issued a Notification No. SEBI/LAD-NRO/GN/2015-16/031, the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 Thereby inserting the clause (9) in schedule X – Facilities Or Services Included In The Term “Infrastructure Sector” (9) “services provided by recognised stock exchanges and registered depositories, in relation to securities;” Items (9) and (10) […]
Start-up India Action Plan
The Prime Minister, Shri Narendra Modi, today the 16th January, 2016 has launched the much awaited unveiling Start-up India action plan. The Complete Start-up India action plan can be accessed at the following link: StartupIndia_ActionPlan_16.01.2016
ICSI Issued Guidance note on Meetings of the Board of Directors & General Meeting
ICSI on Friday, 15th January, 2016 have, issued Guidance note on Meetings of the Board of Directors & General Meeting. The said guidance note can be accessed at the following link: ICSI_Guidance note On Meeting Of the Board of Directors ICSI_Guidance note on General meeting