Guidelines and norms laid down by the Hon’ble Supreme Court in Vishaka and Others Vs. State of Rajasthan and Others(JT 1997 (7) SC 384) All employers or persons in charge of work place whether in public or private sector should take appropriate steps to prevent sexual harassment. Without prejudice to the generality of this obligation […]
The Loksabha has passed the Companies Act Amendment, 2019 on 31st July, 2019 and to know more, Please click here
ECB proceeds cannot be utilised for working capital purposes, general corporate purposes and repayment of Rupee loans except when the ECB is availed from foreign equity holder for a minimum average maturity period of 5 years. Further, on-lending for these activities out of ECB proceeds is also prohibited. Notification:_ https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=11636&Mode=0
The Ministry of Corporate Affairs has amended The Companies (Appointment and Qualification of Directors) Third Amendment Rules, 2019 have been notified w.e.f 25th July 2019. As per the said notification: i) E–Form DIR-3 KYC is to be filed by an individual who holds DIN and is filing his KYC details for the first time or by the […]
(1) Where a company governed by Rule 25A of the Companies (Incorporation) Rules, 2014, fails to file the e-form ACTIVE within the period specified therein, the Director Identification Number (DIN) allotted to its existing directors, shall be marked as “Director of ACTIVE non-compliant company”. (2) Where the DIN of a director has been marked as […]
MCA has introduced new form PAS-6 ( Reconciliation of share capital audit report) which to be mandatorily filed by unlisted Public companies to MCA within 60 days from the conclusion of each half year duly certified by Practicing CS or CA. Notification:- http://www.mca.gov.in/Ministry/pdf/Rules_23052019.pdf