CARO 2015
Even though, Companies (Auditor’s Report) Order, 2015 is placed along with Removal of difficulty orders, both are complete of different genre. Companies (Auditor’s Report) Order, 2015 is issued in...
View ArticleMGT – 7 (v. 30Sept2015)
Recent amendment to the Companies (Management and Administration) Second Amendment Rules 2015 dated 28th August 2015 published in Official Gazette on 31st August 2015 which came into force with effect...
View ArticleAOC – 4
Recent amendment to the Companies (Accounts) Second Amendment Rules 2015 dated 4th September 2015 for which I have yet to locate published copy in the Official Gazette. This Amendment shall come into...
View ArticlePuzzle of Auditor Appointment (ADT – 1)
No doubt the Companies Act, 2013 is not a law but collection of legal puzzle. Compliance of its provisions became hell. This is not just because of poor drafting of law but poor reading of law. We...
View ArticleCounter Puzzle of Auditor Appointment
No doubt the Companies Act, 2013 is not a law but collection of legal puzzle. Compliance of its provisions became hell. This is not just because of poor drafting of law but poor reading of law. We...
View ArticleAOC – 4 XBRL (v. 1st October2015)
MCA recently introduced the Companies (Filing of Documents and forms in XBRL) Rules 2015 dated 9th September 2015 for which I have yet to locate published copy in the Official Gazette. These rules...
View ArticleREPRESENTATIVE, PROXY AND WHO ELSE
This is not possible every time for a member to be present in a General Meeting. Members are very much concerned for well being of the company, its management, profit and growth. Corporate law does not...
View ArticleThat Audit Report
Indian corporate world was shocked and corporate governance became a question when on 20th October 2014, M/s. R. H. Modi & Co., Chartered Accountants, auditor of C. Mahendra Exports Limited...
View ArticleListing obligation and Disclosure Regulation
Presently, a private agreement between Stock Exchange and listed company govern all listing obligation and disclosure requirement. This listing agreement like any other agreement among parties creates...
View ArticlePromoter and Promoter Group
The Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations 2015 was notified on 2nd September 2015 and will come into force from 1st December 2015. In this...
View ArticleDesignated Securities
The Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations 2015 was notified on 2nd September 2015 and will come into force from 1st December 2015. In this...
View ArticleCity in Companies Act, 2013
Companies Act, 2013 uses city 3 times (without taking subordinate legislations into account): In section 12(5)(a) with reference to registered office; In Section 27(1) for advertisement in news paper...
View ArticleStock Exchanges and Listed Entities
The Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations 2015 was notified on 2nd September 2015 and will come into force from 1st December 2015. In this...
View ArticleRELATED PARTY
The Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations 2015 was notified on 2nd September 2015 and will come into force from 1st December 2015. In this...
View ArticleClass of shareholders
The Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations 2015 was notified on 2nd September 2015 and will come into force from 1st December 2015. However,...
View ArticleRELATED PARTY TRANSACTIONS
The Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations 2015 was notified on 2nd September 2015 and will come into force from 1st December 2015. However,...
View ArticleGENERAL PRINCIPLES GOVERNING DISCLOSURES AND OBLIGATIONS
Regulation 4 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 enumerates principles governing disclosure and obligations of listed...
View ArticleMGT – 7 (v. 17Nov2015)
We live in a changing world; corporate world changing fast and Indian Corporate Law fastest. A draft of the Companies (Management and Administration) third Amendment Rules, 2015 dated 16th November...
View ArticleGOVERNANCE PRINCIPLES GOVERNING DISCLOSURES AND OBLIGATIONS
Regulation 4 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 enumerates principles governing disclosure and obligations of listed...
View ArticleCOMMON OBLIGATIONS OF LISTED ENTITIES -1
Chapter III of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015 enumerates common obligations of listed entities. In this post, we will...
View ArticleNational Herald and the Companies Act, 2013
National Herald was a newspaper and is a building and, for most political activist on social media, a case by a politician against its rivals. For one set of political fighters, as it seems on social...
View ArticleCOMMON OBLIGATIONS OF LISTED ENTITIES -2
Chapter III of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015 enumerates common obligations of listed entities. In this post, we will...
View ArticleRemaining Part of Companies Amendment Act became Effective
A gazette notification posted here on official website of the Gazette of India and posted on website of Ministry of Corporate Affairs says that Section 13 and Section 14 of the Companies (Amendment)...
View ArticleREPORTING OF FRAUD
Ministry of corporate Affairs issued a notification dated 14th December 2015 and published here in the Gazette of India dated 15th December 2015 regarding amendment in the Companies (Audit and...
View ArticleMeetings of Board and its Power: Second Amendment Rules
Ministry of corporate Affairs issued a notification dated 14th December 2015 and published here in the Gazette of India dated 15th December 2015 regarding amendment in the Companies (Meetings of Board...
View ArticleOMNIBUS APPROVAL FOR RELATED PARTY TRANSACTIONS
Ministry of corporate Affairs issued a notification dated 14th December 2015 and published here in the Gazette of India dated 15th December 2015 regarding amendment in the Companies (Meetings of Board...
View ArticleDefinitions: Chapter IV of LODR
Regulation 2 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015 define terms used in these regulations. We have discussed some of these...
View ArticleAUDIT COMMITTEE – ENTITY LISTED SPECIFIED SECURITIES
In this post we will discuss, audit committees under the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015 for the listed entities which got...
View ArticleINVESTOR EDUCATION AND PROTECTION FUND AUTHORITY
Investor Education and Protection Fund Authority established under Section 125(5) of the Companies Act, 2013 is an authority to administer for administration of Investor Education and Protection Fund...
View ArticleBOARD COMMITTEES – ENTITY LISTED SPECIFIED SECURITIES
In this post we will discuss, board committees other than audit committee under the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015 for the...
View ArticleCOMPANY SECRETARY – REPORT of THE COMPANIES LAW COMMITTEE
On 1st February 2016, Ministry of Corporate Affairs uploaded the report of Companies Law Committee on its website here. In this post, I will discuss recommendations which might affect Company...
View ArticleREPORT OF THE COMPANIES LAW COMMITTEE – 2
On 1st February 2016, Ministry of Corporate Affairs uploaded the report of Companies Law Committee on its website here. In second post on this report, we will discuss recommendations of the committee...
View ArticleREPORT OF THE COMPANIES LAW COMMITTEE – 3
On 1st February 2016, Ministry of Corporate Affairs uploaded the report of Companies Law Committee on its website here. In 3rd post on this report, we will discuss recommendations of the committee...
View ArticleREPORT OF THE COMPANIES LAW COMMITTEE – 4
On 1st February 2016, Ministry of Corporate Affairs uploaded the report of Companies Law Committee on its website here. In 4th post on this report, we will discuss recommendations of the committee...
View ArticleREPORT OF THE COMPANIES LAW COMMITTEE – 5
On 1st February 2016, Ministry of Corporate Affairs uploaded the report of Companies Law Committee on its website here. In 5th post on this report, we will discuss recommendations of the committee...
View ArticleREPORT OF THE COMPANIES LAW COMMITTEE – 6
On 1st February 2016, Ministry of Corporate Affairs uploaded the report of Companies Law Committee on its website here. In 6th post on this report, we will discuss recommendations of the committee...
View ArticlePOLITICAL SURRENDER OF THE COMPANIES LAW COMMITTEE
On 1st February 2016, Ministry of Corporate Affairs uploaded the report of Companies Law Committee on its website here. In 7th post on this report, we will discuss political surrender and failure to...
View ArticleCORPORATE GOVERNANCE REQUIREMENTS WITH RESPECT TO SUBSIDIARY OF LISTED ENTITY
In this post we will discuss, corporate governance requirements with respect to subsidiary of listed entity under the Securities and Exchange Board of India (Listing Obligation and Disclosure...
View ArticleSEBI Debars Auditor
This is also a fit case where SEBI needs to send a stern message to professionals who associate themselves with securities market so as to prevent them from indulging in such acts of omissions and...
View ArticleCARO 2016
The Companies (Auditor’s Report) Order, 2016 is notified on 29th March 2016 in supersession of the Companies (Auditor’s Report) Order, 2015 published in the Gazette of India, Extraordinary, Part II,...
View ArticlePROPOSED AMENDMENT: ASSOCIATE COMPANY
Government recently introduced the Companies (Amendment) Bill, 2016 to the Companies Act, 2013 proposes thirteen amendments in Section 2 related to definitions. Definition clauses always need...
View ArticleRELAXATION OF ADDITIONAL FEES AND EXTENSION OF LAST DATE OF FILING
Compliance of Indian corporate law is a big issue for its stakeholders. Successive government here talk about ease of doing business and do mammoth task to achieve it with confusion related to...
View ArticleNotification of Sections Relevant for NCLT
Yesterday late evening, I posted here about press release issued by Ministry of Corporate Affairs. Soon thereafter, two files uploaded on Official Gazette website with two notifications in each. In...
View ArticleCORPORATE GOVERNANCE GUIDELINES FOR INSURANCE COMPANIES
On 18th May 2016 Insurance Regulatory and Development Authority of India issued revised guidelines on corporate governance for insurance companies. These Guidelines are applicable from finance year...
View ArticleBoard Committees for Insurance Companies
On 18th May 2016 Insurance Regulatory and Development Authority of India issued revised guidelines on corporate governance for insurance companies. In last post we discussed these guidelines in brief....
View ArticleKey Management Persons for Insurance Companies
On 18th May 2016 Insurance Regulatory and Development Authority of India issued revised guidelines on corporate governance for insurance companies. In earlier post we discussed these guidelines in...
View ArticleRemoval of Auditor Appointment Difficulty
Government of India has removed a dozen difficulties from the Companies Act, 2013. Yes, the Companies (Removal of Difficulties) Third Order, 2016 is twelfth order in Removal of difficulties series of...
View ArticleOut of Sahara Blues
Finally government tries to come out of Sahara Blues. Government earlier was in pressure to put corporate governance in place among private companies and tried well. Thereafter, industry lobby (read as...
View Article‘Withdrawal’ of Secretarial Standards 1 & 2
In post “Technical Fault in issuance of Secretarial Standards” posted long ago, I humbly made certain observations on notifications of two Secretarial Standards which was approved by Central Government...
View ArticleCorporate Law – Post Election
Unless a general election is crucial there is no purpose to conduct such a huge exercise. The best part of democracy is to give the opportunity for new ideas. Without going to any political prediction...
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