Corporate Laws Page 165

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E-ACTIVE temporarily stopped for Tagging Non-Compliant Companies: MCA

The Ministry of Corporate Affairs ( MCA ) has informed that the facility to file the E-ACTIVE forms have been temporarily stopped to complete tagging...

SAT stays SEBI's order against Prannoy Roy and Radhika Roy from holding NDTV Director Post [Read...

CCI begins Market Study in E-Commerce in India, findings expected at end of August

SEBI bars Prannoy Roy and Radhika Roy from NDTV Director board for 2 Years [Read Order]

Govt to constitute National Institute like ICAI for Valuers

Govt Reduces the Rate of ESI Contribution from 6.5% to 4%

The Government of India has taken a historic decision to reduce the rate of contribution under the ESI Act from 6.5% to 4%(employers’ contribution being reduced from 4.75% to 3.25% and employees’...

Cabinet approves the Special Economic Zones (Amendment) Bill, 2019

The Union Cabinet, chaired by the Prime Minister Narendra Modi, has approved to introduce a Bill, namely, the Special Economic Zones (Amendment) Bill, 2019 that is the Bill to replace the Special...

RBI constitutes Committee to Review the ATM Interchange Fee Structure

The Reserve Bank of India ( RBI ) has constituted committee to review the ATM interchange Fee Structure. It was announced in the Part ‘B’ of the Second Bi-Monthly Monetary Policy for the year 2019-20...

Chartered Accountant found Guilty of Misconduct for incorporating Company without permission of ICAI [Read Order]

The Appellate Authority has recently held that the incorporation of a Company by Chartered Accountant with 90% Shares without the prior permission of the Institute of Chartered Accountants of India...

MCA & SEBI signs MoU to Tighten Regulatory Oversight

A formal Memorandum of Understanding (MOU) was signed between the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI) for data exchange between the two regulatory...

Procedure Irregularities won’t nullify Decisions of NFRA: MCA [Read Notification]

The Ministry of Corporate Affairs ( MCA ) has recently notified that the decisions of the National Financial Reporting Authority ( NFRA ) would not be affected merely on the ground of procedural...

RBI withdraws charges on NEFT, RTGS Transactions

The Reserve Bank of India ( RBI ) has withdrawn charges on NEFT, RTGS Transactions. In a Statement on Developmental and Regulatory Policies the RBI said that, “In order to provide an impetus to...

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