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SEBI: Circular Issued On Mutual Funds

SEBI: Circular Issued On Mutual Funds

Submitted by • August 12, 2016

goo.gl - The Securities and Exchange Board of India has issued circular on Mutual Funds. The circular provides Prudential limits in sector exposure for Housing Finance Companies (HFCs), Disclosure of Votes cast by Mutual Funds and Submitting of final copy of Scheme ...

Enforcement Of Security Interest And Recovery Of Debts Laws And Miscellaneous Provisions (Amendment) Bill, 2016

Enforcement Of Security Interest And Recovery Of Debts Laws And Miscellaneous Provisions (Amendment) Bill, 2016

Submitted by • August 11, 2016

goo.gl - The Parliament passed the Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) Bill, 2016 empowering banks to confiscate security in the case of loan default. The bill approved amends four laws, that is, SARFAESI Act, ...

MCA: CSR / CARO Related Details Mandatory In EForm AOC-4 (XBRL)

MCA: CSR / CARO Related Details Mandatory In EForm AOC-4 (XBRL)

Submitted by • August 10, 2016

goo.gl - MCA has notified the amendment of eForm AOC-4 (XBRL) for filing Annual Financial Statements to include mandatory CSR / CARO related details.

RBI: Modifications In The Case Of Dishonor Of Cheques For All Commercial And Regional Rural Banks

RBI: Modifications In The Case Of Dishonor Of Cheques For All Commercial And Regional Rural Banks

Submitted by • August 10, 2016

goo.gl - RBI has made few modifications procedure in case of dishonor of cheques for all scheduled commercial banks and regional rural banks. As per the circular, RBI advised banks to introduce a condition for operation of accounts with cheque facility that ...

An Eligible Seller Can Participate In Delisting In Case Of Not Receiving Tender/offer Form

An Eligible Seller Can Participate In Delisting In Case Of Not Receiving Tender/offer Form

Submitted by • August 9, 2016

goo.gl - As per the instructions of SEBI, if an eligible seller does not receive the tender or offer form, he can opt for delisting by providing an application in writing on a plain paper duly signed by him/her. The letter must ...

NCLT: Fee Of Rs. 200 Per Inspection

NCLT: Fee Of Rs. 200 Per Inspection

Submitted by • August 9, 2016

goo.gl - NCLT has issued Order to prescribed Rs. 200/- per inspection as the fee for inspection for the records as provided under Rule 114 of the NCLT Rules,2016.

MCA Clarification Regarding Issue Of Rupee Bonds

MCA Clarification Regarding Issue Of Rupee Bonds

Submitted by • August 5, 2016

goo.gl - MCA has issued clarification regarding issue of rupee bonds by Indian Companies exclusively to persons resident outside India in accordance with applicable sectoral regulatory provisions.

Unavailability Of MCA21 System On 6th August

Unavailability Of MCA21 System On 6th August

Submitted by • August 5, 2016

goo.gl - The MCA21 system will be unavailable from 8:00 am to 6:00 pm IST on Saturday, 6th Aug 2016 for system maintenance. Stakeholders are requested to plan accordingly.

Cabinet Approves Motor Vehicle Amendment Bill 2016

Cabinet Approves Motor Vehicle Amendment Bill 2016

Submitted by • August 4, 2016

goo.gl - In the present Motor Vehicle Act, there are 223 Sections out of which the Bill aims to amend 68 sections

BENAMI TRANSACTIONS (PROHIBITION) AMENDMENT BILL 2016

BENAMI TRANSACTIONS (PROHIBITION) AMENDMENT BILL 2016

Submitted by • August 3, 2016

goo.gl - The Benami Transactions (Prohibition) Amendment Bill 2016 was passed by The Rajya Sabha on August 2nd 2016.