Practicing Company Secretary - Kolkata » Updates

Others recent

admin — Thu, 26 Mar 2009 08:28:23 +0000

Date	Update
7-April-2010	New RBI norm on interest computation to cheer savings account holders
1-April-2010	RBI gives more leeway to banks on debt recast
1-April-2010	RBI alerts CSB about new investors
11-February-2010	Irda-Sebi tussle over Ulips delays insurance IPO talks
2-January-2010	IPO guidelines within 15 days: IRDA
2-January-2010	SEBI writes to IRDA on regulating Ulips
23-July-2009	Kingfisher to help Mallya fly
30-May-2009	ICSI readies proposal for new company law
12-May-2009	Change in AS 11 to prevent forex led distortions
18-May-2009	Supreme Court rulings
12-May-2009	MCA defers implementation of AS 11
11-May-2009	ICSI comes out with guidelines for diligence report on firms borrowing from banks
5-May-2009	India reviews IFRS for fool-proof accounting standards
18-Apr-2009	CCI to begin hearing cartelization and abuse of dominance cases

Taxation Laws recent

admin — Thu, 26 Mar 2009 08:28:17 +0000

Date	Update
29-July-2011	Making E-Payment of Customs Mandatory’ in Customs
27-July-2011	Rate of exchange of conversion of each of the foreign currency with effect from 1st August, 2011
8-April-2011	Implementation of ‘Self-Assessment’ in Customs
31-March-2011	Creation of Seven Posts of Indirect Tax Ombudsman
31-March-2011	Amendment In Point Of Taxation Rules In Service Tax
14-March-2011	Liability Of Interest Where CENVAT Credit Was Wrongly Taken But Reversed By Assessee Before Utilization-Reg
14-March-2011	Streamlining Procedure For Scrutiny of Income-Tax Returns
19-April 2010	Income Tax dept peels away IPL’s layers
31-March2010	Notional losses on forex hedge not tax deductible: CBDT
11-March2010	Dutch co gets tax benefit on capital gains
26-February-2010	Budget 2010: Pranab cuts surcharge for corporates, ups MAT
21-December-2009	New I-T rules on perks may be taxing for high-fliers
11-November-2009	First Discussion Paper on Goods and Service Tax
11-November-2009	First Discussion Paper on Goods and Service Tax
16-September-2009	DirectTaxesCodeBill2009
20-July-2009	Roadmap for IT, ITES Industry: Budget 2009 view
13-July-2009	Taxation on Limited Liability Partnership
11-July-2009	Budget 2009 – Tax View; Text of Finance Bill 2009
19-May-2009	CII’s Budget wishlist: Up IT exemption limit,no FBT, surcharge
12-May-2009	Interest-free borrowers out of Tax net
14-Apr-2009	Does Liaison office of a foreign company attracts Tax in India?
26-Mar-2009	BCCI to loose charitable status: Earning profits
	CBDT clarifies TDS credit available to PE/VC funds (Text of Notification)
Before 25-Mar-2009	News clipping on IT SEZs to get Tax breather
	Case Law on Premises of a CA cannot be surveyed and clients’ books cannot be impounded; UK Mahapatra & Co vs ITO(Orissa High Court)

** Please note that the links given above might take you to another website, and the Propreitor of the Website is not liable for the contents whatsoever. The contents have been provided in good faith for the benefit of the user.

Securities Laws recent

admin — Thu, 26 Mar 2009 08:28:02 +0000

Date	Update
11-July-2011	Clarification regarding admission of Limited Liability Partnerships as members of Stock Exchanges
05-July-2011	Modification in Client Codes of Non-Institutional Trades Executed on Stock Exchanges (All Segments)
16-March-2011	Listing Agreement For Securitized Debt Instruments
08-March-2011	Allocation Of Government Debt Long Term & Corporate Debt – Old Investment Limits To FIIs
07-March-2011	Load Balances For Mutual Fund And AMCs
7-Sept-2010	Secretarial Audit Nomenclature changed to Reconciliation of Share Capital Audit
17-May-2010	SEBI wants costs raised for MFs, brokers
3-May-2010	New SEBI guidelines will increase investor confidence in ratings: CRISIL
27-April-2010	No change in status of Tata Motors’ DVR shareholders: Sebi
21-April-2010	SEBI’s counter affidavit proves NSE as government entity in RTI case
7-April-2010	SEBI Amends Listing Agreement – April 05, 2010
31-March-2010	MFs hold back dividend plans after SEBI diktat
16-March-2010	Sebi banks on fund houses to improve corporate governance
4-March-2010	Reliance Media challenges sale of majority shares of Fame to Inox
8-January-2010	Sebi orders operational audit of credit rating agencies
8-January-2010	SEBI clarifies asset cover norms for debt instruments
2-January-2010	SEBI panel to resolve pending grievances
2-January-2010	SEBI passes Rs 15 crore consent order in IPO scam
28-December-2009	SEBI is waking up to complete takeovers
22-December-2009	Sebi board to take up NSDL issue tomorrow (IPO scam 2005)
21-December-2009	25 percent public holding mandatory for listed companies
21-December-2009	Sebi seeks action against RIL in share issue case
16-December-2009	Usage of IPO proceeds not monitored by SEBI: Govt
15-December-2009	Barclays Banned from Trading in India, Because of False Data
10-December-2009	BSE to suspend trading in securities of 18 companies
10-December-2009	Nominees should not be considered independent directors: ICSI
9-November-2009	Sebi expand scope of broker’s agents
22-October-2009	SEBI finds it difficult to crack down on insider trading
16-September-2009	Ruling on Non-compete fees to public shareholders : SAT sets aside Sebi ruling on Tata Tea
16-September-2009	DIP Guidelines rescinded, comes in SEBI (Issue of Capital and Disclosure Requirements) Regulation 2009
21-August-2009	SEBI cuts right issue allotment timeframe to 15 days
3-August-2009	All financial regulators may come under SAT
29-July-2009	IFC, SEBI in corp governance tie up
29-July-2009	Leading PSUs under the SEBI scanner
29-July-2009	In support of No issue of shares with differential voting rights
23-July-2009	SEBI bars listed cos from issuing shares with superior rights
22-July-2009	10% public holding must to stay ‘listed‘
14-July-2009	Compulsory holding of 25% under discussion
30-May-2009	Sebi norm on bond security stumps cos
15-May-2009	Sebi to pay 1st year peer review audit fees
15-May-2009	Simplified Listing Agreement for Debt Securities
11-May-2009	Insider Trades
16-Apr-2009	SEBI allows FIIs to invest in IDRs
14-Apr-2009	Tech Mandra open offer for Satyam shareholders
	Limit to money market investments by Funds
Before 25-Mar-2009	Directors said to have control in a Board driven company Text of Order
	Investor Complaint Redressal Drive
	News on Guidelines for online debt issues
	News clipping on 75 firms pledge over 30% stakes
	Amendments in DIP Guidelines for Preferential Issue and others
	News clipping on SEBI eases Disclosure and Investor Protection norms
	News clipping on Insider trading complaints in Reliance Petroleum

NBFCs & Forex Laws Recent

admin — Thu, 26 Mar 2009 08:25:55 +0000

Date	Update
31-March-2011	Consolidated FDI Policy
21-Aug-2010	ECB Policy liberalisation for hotels, hospitals and software industry
17-May-2010	Private infrastructe company, NBFC bonds on cards
17-May-2010	Gold shines brighter for small-ticket loan takers
24-April-2010	Draft guidelines for core investment companies issued
21-April-2010	New regulatory norms for core investment firms to improve monitoring
17-March-2010	RBI’s push for infrastructure financing
17-March-2010	RBase rate system may drive firms to commercial paper
11-February-2010	RBI Liberalizes ECB Norms
11-February-2010	Cabinet to take up FDI policy loopholes today
9-February-2010	NBFCs plan second round of retail bond issues
28-December-2009	India releases consolidated FDI policy draft (Draft Press Note: FDI Regulatory Framework)
15-December-2009	RBI plans new rule for fund raising by holding companies
15-December-2009	RBI sets cap on ECB rates, shuts FCCB buyback door (Text of Notification dated December 9, 2009 amending ECB policy)
15-December-2009	RBI plans new rule for fund raising by holding companies
10-December-2009	ECB breaches found rampant
8-December-2009	NBFCs on revival path
16-November-2009	Affordable housing takes wing as micro-finance cos step in
23-July-2009	Debt funds from VCs for infrastructure financing
14-July-2009	Microfinance’s institutions plans to raise 1K crore through debt
14-July-2009	Microfinance’s small-town success attracts venture investors
19-May-2009	New Govt. may make changes in FII calculation norms
11-May-2009	Press Notes 2,3 and 4 to be overhauled
4-May-2009	NBFCs can repossess assets from defaulted borrowers
1-May-2009	5% tax on foreign income of all NRIs
20-Apr-2009	New FDi norms faces scrutiny
17-Apr-2009	FDI through single brand retail: Nokia, HCL arm in retail joint venture
Before 25-Mar-2009	News clipping on Chola DBS Rs. 750 crore to correct asset-liability mismatch
	News clipping on Press Notes fail to clear air over new FDI norms (Text of Press note on calculation of foreign investment)
	News clipping on New investment norms throw FDI gates open (Text of Press note on Control of Indian companies by non residents)

Structured Finance & Derivatives recent

admin — Thu, 26 Mar 2009 08:25:47 +0000

Date	Update
07-September-2011	External Commercial Borrowings-Simplification of Procedures
22-April-2010	RBI tightens loan securitisation rules for banks
21-April-2010	RBI issues draft norms for securitisation
19-April-2010	PNs to rise after Sebi ban on structured vehicles
19-April-2010	PNs to rise after Sebi ban on structured vehicles
8-April-2010	Goldman defends actions, says it did not ‘bet against’ against clients
31-March-2010	StanChart moves Sebi for $500 million IDRs
9-February-2010	India cbank increases securitisation disclosure requirements
9-February-2010	Lehman ruling creates new doubts for CDOs
3-February-2010	Options trading in currency derivatives to begin by May
2-January-2010	Securitisation of corporate loan sees sharp fall
22-December-2009	Currency options may get regulatory go-ahead soon
16-December-2009	Bond Level Reporting Becoming Reality for RMBS
15-December-2009	Making The Right Assumptions by Marc Pearce
10-December-2009	U.S. Structured Finance at a Crossroads in 2010: Fitch
10-December-2009	Islamic finance suffers growing pains
10-December-2009	Barclays Is Barred From Trading Offshore Derivatives in India
10-December-2009	Dealers to Create Prime Mortgage Credit-Default Swaps
16-November-2009	Reinsurers face risk on car, card, student ABS-Buba
3-August-2009	IOSCO warns against structured products
23-July-2009	Stable rating performance expected to continue in Non-Japan Asia Structured FInance
23-July-2009	S&P cut ratings on $5.2B in Collateralized Debt Obligations CDO
20-July-2009	APAC CDOs lead structured finance Q2009 downgrade
20-July-2009	Investments via P-notes down by 21%
14-July-2009	Govt bonds to come in smaller, tradeable parts
26-Mar-2009	India Inc may get 2-year relief over forex losses
Before 25-Mar-2009	News on Supreme Court Judgement: Non obstante clause in SARFAESI & DRT Act; Is Secured creditor really secured?
	Write up on Islamic Finance-Growing Industry
	A primer on Forex contracts
	News clipping on Managing risk of structured finance better in time of crisis

Corporate Laws recent

admin — Fri, 06 Mar 2009 09:58:47 +0000

Date	Update
06-September-2011	Compliance of the Provisions of Companies Act, 1956 & Rules Made Thereunder
26-July-2011	Scrutiny inspection and investigation in all winding up cases
26-July-2011	Pro-active action in case of winding up petitions
26-July-2011	Guidelines for RDs/ROCs in the matter of scheme of arrangement / amalgamation under section 391-394
25-July-2011	Simplified procedure for obtaining online approval of Central Government under section 297 of the Companies Act, 1956
25-July-2011	Simplified procedure for obtaining confirmation of shifting of registered office from one state to another state u/s 17 of the Companies Act, 1956
23-July-2011	Online incorporation of companies within 24 hours
08-July-2011	Integration of Director’s Identification Number (DIN) issued under Companies Act, 1956 with Designated Partnership Identification Number (DPIN) issued under Limited Liability Partnership (LLP) Act, 2008
08-July-2011	Name Availability Guidelines, 2011
05-July-2011	Companies Director Identification Number (Third Amendment) Rules, 2011
05-July-2011	Limited Liability Partnership Rules, 2009 (Amendment) Rules, 2011
23-June-2011	Special Drive to clear pendency of e-forms filed with Registrar of Companies prior to implementation of revised Regulation 17 of the Companies Regulation, 1956
21-June-2011	Green Initiative in the Corporate Governance-Issue of Certificates by Digital Signature
07-June-2011	Filing of Balance Sheet & Profit & Loss Account in eXtensible Business Reporting Language (XBRL) mode
07-June-2011	Guidelines for Fast Track Exit mode for defunct companies under section 560 of the Companies Act, 1956
06-June-2011	Green Initiatives-Clarification regarding participation by shareholders or Directors in meetings through Electronic mode
03-June-2011	The Companies (Cost Audit Report) Rules,2011
03-June-2011	The Companies (Cost Accounting Records) Rules,2011
02-June-2011	Companies DIN (Second Amendment) Rules,2011
02-June-2011	Guidelines for declaring financial institution as Public Financial Institution under Section 4A of the Companies Act, 1956
01-June-2011	Compliance of Provision of the Companies Act,1956 and Rules made there under
31-May-2011	Depreciation for the purpose of declaration of Dividend under Section 205 in case of companies referred to in Section 616 (C ) of the Companies Act, 1956 (the Act)
30-May-2011	Companies (Passing of the resolution by postal Ballot) Rules,2011
27-May-2011	Payment of MCA fees-electronic mode-regarding
26-May-2011	New Form No. 23D inserted effective from 29/05/2011
26-May-2011	Amendment- Revision of Form No.8 and 17
23-May-2011	Amendment in Schedule XIII of the Companies Act,1956
20-May-2011	Green Initiative-Participation by directors in meetings of Board/ Committee of directors electronic mode
20-May-2011	Green Initiative in the Corporate Governance-Issue of Certificate by Digital Signature
20-May-2011	Green Initiative-Participation by shareholders in general meetings through electronic mode
18-May-2011	Certification of e-Forms under the Companies Act, 1956 by practicing professionals
03-May-2011	Clarification regarding effective date of Companies (Particulars of employees)Amendment Rules,2011
02-May-2011	Clarification in respect of General Circular No: 2 /2011 dated 8th February, 2011
02-May-2011	Green initiative in Corporate Governance
02-May-2011	E form 32- intimation to ROC – filing of conflicting return by contesting parties
02-May-2011	Marking a Company as Management Dispute by ROC under MCA-21 System
07-April-2011	Clarification regarding Easy Exit Scheme (EES)
07-April-2011	All existing Directors are required to inform PAN to MCA vide DIN 4
06-April-2011	The Director’s Relatives(Office or Place of Profit ) Amendment Rules,2011
06-April-2011	The Companies (Amendement)Regulation,2011
09-March-2011	Only Online Payment Of MCA Challan Upto Rs 50000
08-March-2011	Incorporation Procedure Simplified
04-March-2011	Simplification Of DIN Rules
08-Feb-2011	Amendment in Managerial Remuneration of Unlisted Companies
08-Feb-2011	Directions under Section 212 of Companies Act,1956
08-Feb-2011	General Exemptions under Section 211 of Companies Act,1956
08-Feb-2011	Provisions Of Section 212
03-Feb-2011	Easy Exit Scheme,2011
20-Aug-2010	MCA proposes strict action against defunct firms
20-Aug-2010	Mergers and Acquisitions will soon get cleared in 180 days
20-Aug-2010	MCA works on new exit scheme for listed firms
20-Aug-2010	MCA to ease paid-up capital norms for firms
14-April-2010	MCA scheme mulls leniency for delay in filing balance-sheet
31-March-2010	Govt widens ambit for llp firms
17-March-2010	India Inc can now file CSR report online
2-January-2010	MCA’s sector-wise report on cos will help detect fraud
28-December-2009	Corporate Governance Voluntary Guidelines 2009
28-December-2009	Corporate Social Responsibility Voluntary Guidelines 2009
16-December-2009	Questions and Answers: Salman Khurshid
16-December-2009	Corporate governance guidelines next week
15-December-2009	Reliance Gas Transportation under MCA scanner
11-December-2009	ICSI sends recommendations for Corporate Governance
9-December-2009	MCA plans to bring in a new reporting tool-XBRL
8-December-2009	MCA seeks insurance regulator’s help to introduce class action suits
9-November-2009	Corporate affairs ministry plans Next-generation MCA21
29-October-2009	Cadbury minority share buyback plan runs into trouble
29-September-2009	Govt. committed to expedite new company law
16-September-2009	Companies Bill 2009
3-August-2009	Eight Reforms needed for Independent Directors
30-July-2009	Companies bill likely to be reintroduced this week
28-July-2009	Press Release: Scrutiny of Statutory Reports of Corporate Houses
28-July-2009	Press Release: Violation of Companies Act
14-July-2009	LLP would be handy tool for knowledge industries in India
2-July-2009	New-look Companies Bill is top priority
30-May-2009	Apex Court refuses interim relief on GE partner’s allegation: 397 & 398 petition
15-May-2009	Remuneration paid in excess of limits specified by Act-Ranbaxy
15-May-2009	Call for greater shareholder rights in US-impact on India
12-May-2009	Minority shareholders forum to protect company (GHCL)
5-May-2009	Bombay High Court rules Minority shareholders can be thrown out
17-Apr-2009	News clipping on Tech Mahindra gets CLB nod to acquire 31% stake in Satyam
16-Apr-2009	News clipping on demand of CS:50,000 company secretaries needed in next 6 years
14-Apr-2009	Tech Mahindra savior of Satyam
Before 25-Mar-2009	News on CLB order in case of oppression and mismanagement in matters of Jagatjit Industries Limited(Aristrocrat makers)
	Companies Amendment Regulation, 2008 effective from Feb 15, 2009
	Further information called for in reference to application or eForm, addendum, rectification of defects to be filed in eForm 67
	Article on Limited Liability Partnership Act 2008 in India (Text of Limited Liability Partnership Act 2008)
	Companies (Appointment and Qualification of Secretary ) Amendment Rules, 2009