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Updates

NBFCs & Forex Laws Recent

Date Update 04-April-2014 RBI ban on new NBFCs triggers licence trading 20-February-2014 Foreign Direct Investment (FDI) into a SSI/MSE and in Industrial Undertaking manufacturing items reserved for SSI/MSE allowed to the extent of 24% of its paid-up capital. 23-January-2014 Review of Guidelines on Restructuring of Advances by NBFCs as indicated in the Second Quarter Review […]

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Updates

Finance & Derivatives recent

Date Update 30-May-2012 Morgan Stanley gets RBI nod for banking licence 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 […]

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Presentations

Secretarial Standards

** Please note that the related slideshows at the end of the presentation will take you to another website, and the Propreitor of the Website is not liable for the contents whatsoever. ** For any queries relating to the presentation, please contact us. Author: Neha Singhi Contact: +91-33-40083385 neha@nehasinghi.com Date: March 21, 2009

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Updates

Corporate Laws recent

  Date Update 27-Feb-2014 Government notifies Rules for CSR Activities(Applicable from 1st April, 2014) The government has notified the rules for corporate social responsibility spending under the new companies law, putting in place the much-debated plan aimed at encouraging companies to spend a portion of their profits on projects that benefit society. 27-Feb-2014 Amendments to […]

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Notes

Compliance under SEBI Insider Trading Regulations

The Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations states that an insider shall not- on his behalf or on behalf of any other person deal in securities or communicate such information to any other person, who while in possession of such information shall not deal in securities. “Insider means any person […]

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Notes

Resignation of a Director

The Companies Act does not have any provision governing the resignation of a Director. Section 284 of the Act provides for removal of a Director in a General Meeting, whereas Section 283 deals with vacation of office in certain specific circumstances. Nothing has been mentioned in the statute with reference to resignation of a Director […]

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Notes

Disqualification of Directors u/s 274(1)(g)

The provision of Section 274(1) (g) was inserted by the Companies (Amendment) Act, 2000 w.e.f. 13-12-2000. The provision states as follows: Provision: A person shall not be capable of being appointed director of a company, if such person is already a director of a public company which- (A)Has not filed the annual accounts and¹ annual […]

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Presentations

TAKEOVER the world

** Please note that the related slideshows at the end of the presentation will take you to another website, and the Propreitor of the Website is not liable for the contents whatsoever. ** For any queries relating to the presentation, please contact us. Author: Neha Singhi Contact: +91-33-40083385 neha@nehasinghi.com Date: January, 2009