Corporate Laws Page 129

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COVID-19: NCLAT issues SOP for Virtual Hearing from June 1

The National Company Law Appellate Tribunal (NCLAT) has issued a standard operating procedure for conducting virtual hearing of urgent matters from...

Four-hours Mandatory CPE on Standards on Auditing & Code of Ethics can be done Online: ICAI

SEBI’s Compliance Framework for Investment Advisers

SC directs DRT to Transmit Rent received from Property attached to the Amrapali Account [Read Order]

MCA amends Schedule VII of Companies Act, 2013 by inserting ‘PM CARES’ as CSR [Read Notification]

Fraudulent Trading in Mindvision Capital Shares: SAT affirms Penalty imposed by SEBI [Read Order]

The Security Appellate Tribunal (SAT), Mumbai rejected the appeal made by the petitioner, who was involved in the case of fraudulent trading in Mindvision Capital Share. The appeal was made on the...

ICAI to set up Centre for Audit Quality

The Institute of Chartered Accountants of India ( ICAI ) is to set up Centre for Audit Quality at Centre of Excellence, Jaipur. The Centre for Audit Quality will aim at the continuous investment in...

NCLAT directs SBI to substitute IRP who was an Ex-employee of Bank [Read Order]

The National Company Law Appellate Tribunal ( NCLAT ) has upheld the order directing State Bank of India ( SBI ) to the substitution of a financial creditor’s ex-employee as the proposed interim...

ICAI issues Guidance Note on Subsequent Events-Key Audit Considerations amid COVID-19

The Institute of Chartered Accountants of India (ICAI) has released an Auditing Guidance on “Subsequent Events-Key Audit Considerations amid COVID-19” for the benefit of the members. The Institute...

Holding Annual General Meeting Amid Covid-19 Pandemic : A Critique to MCA Circular

Introduction Holding of Annual General Meeting (AGM) is a statutory obligation on every company. Pursuant to the provisions of Section 96 of the Companies Act, 2013 (hereinafter referred to as ‘2013...

RBI announces Nine Additional Measures for Strengthening the Economy

RBI Governor Shaktikanta Das drew hope and inspiration from the 1929 statement of the Father of the Nation, as he announced yet another set of nine measures to smoothen the flow of finance and...

RBI extends Loan Moratorium by 3 Months from June 1

The Reserve Bank of India ( RBI ) has extended the Loan Moratorium by three months from June 1st, 2020. In his third such address since the coronavirus outbreak began on March 25, RBI Governor...

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