Arrangements have been completed for integration of Name Availability, allotment of Direct Identification Number (DIN), Company Incorporation and Commencement of Business with the unified e business portal being developed by the Ministry of Industries and Commerce.
Reporting under the FDI Scheme on the E-Biz Platform
With a view to promoting the ease of reporting transactions, the Reserve Bank of India (RBI) issued Circular No.77 dated February 12, 2015 thereby easing reporting of transactions under Foreign Direct Investment (FDI) allowed filing of Returns with RBI through e-Biz platform. Following returns can be filed with the RBI using the e-Biz platform: · ... Continue Reading →
BCCI Chair Restored Post IPL Judgment: The Conflict Continues
The Supreme Court has observed “All told whatever be the format of the game and whatever be the commercial angles to it, the game is what it is, only if it is played in its pristine form free from any sporting fraud….. Conflict of interest situation is a complete anti-thesis to everything recognized by BCCI... Continue Reading →
The Apprentices (Amendment) Act, 2014 – An Overview
The Apprentices Act, 1961 (the Apprentices Act) was enacted with the objective of regulating the programme of training of apprentices in the industry by utilizing the facilities available therein for imparting on-the-job training. The Ministry of Labour and Employment after receiving many suggestions from various quarters regarding making changes to the Apprentices Act, has made... Continue Reading →
Prohibition of Insider Trading Regulations 2015: Recreating the codes
The time has come for listed companies and other market participants, intermediaries and service providers to revisit their internal codes of conduct under the Insider Trading Regulations. The Securities and Exchange Board of India (“SEBI”) has vide notification dated 15th January 2015 published the SEBI (Prohibition of Insider Trading) Regulations 2015 (“New PIT Regulations”) replacing... Continue Reading →
MCA strengthens collaborative CSR
The MCA vide a notification dated January 19, 2015 has made changes to the Companies (Corporate Social Responsibility Policy) Rules, 2014. The copy of the notification available on the MCA Website is an unpublished copy and the same will come into effect upon its publication in the official gazette. Previously, the board of directors of... Continue Reading →
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