To protect the validity of the resolutions passed under the erstwhile Company Law 2013

The Corporate Affairs Ministry (MCA) has issued a circular that seeks to protect the validity of the resolutions passed under the erstwhile Company Law.   But the circular comes loaded with several riders to the result that it may be prone to challenge in courts, say legal experts. It says resolutions passed by companies under Read more about To protect the validity of the resolutions passed under the erstwhile Company Law 2013[…]

Section 203 of the Companies Act, 2013 – classes of companies which have appointed one or more chief executive officer as Key Managerial Personnel for multiple business activities

Clarification notification on Section 203(1) under Companies Act , 2013 The Ministry of Corporate Affairs has issued a clarification notification S.O.(E) dated 25.07.2014 with respect to provide clarification in second proviso to sub-section (1) of section 203 of the Companies Act, 2013 which talks about the classes of companies which have appointed one or more Read more about Section 203 of the Companies Act, 2013 – classes of companies which have appointed one or more chief executive officer as Key Managerial Personnel for multiple business activities[…]

Foreign Investment in India by SEBI registered Long term investors in Government dated Securities

Foreign investment in India by SEBI registered Long term investors in Government dated Securities Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to Schedule 5 to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000 notified vide Notification No. FEMA.20/2000-RB dated May 3, 2000, as amended Read more about Foreign Investment in India by SEBI registered Long term investors in Government dated Securities[…]

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