Appointment of Judges in the Supreme Court In exercise of the powers conferred by clause (2) of article 124 of the Constitution of India, the President is pleased to appoint Shri Justice Ajay Manikrao Khanwilkar, Chief Justice of the Madhya Pradesh High Court, to be a Judge of the Supreme Court of India with effect… Read More »
Big Boost to Ease of Doing Business- Passing of Bankruptcy Code; Code is a comprehensive and systemic reform, which will give a quantum leap to the functioning of the credit market and would take India from among relatively weak insolvency regimes to becoming one of the world’s best insolvency regimes; Vision of the new law… Read More »
Stake holders and general public requested to bring-out issues/points by 25th May, 2016 which in their opinion would require further clarification/guidance in Income Declaration Scheme 2016 & the Direct Tax Dispute Resolution Scheme 2016; Both the Schemes are expected to come into force on the 1st of June, 2016 after the Finance Act 2016 receives… Read More »
GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE & TAXES (POLICY BRANCH) VYAPAAR BHAWAN I.P. ESTATE NEW DELHI 110002 No.F.3(667)/Policy/VAT/2016/200-205 CIRCULAR No. 4 of 2016-17 Dated: 10-05-2016 Sub: Display of Certificate of Registration reg. In compliance of Rule 14(3) of Delhi Value Added Tax Rules, 2005 all the ACs/ward incharges are hereby directed… Read More »
Section – 3, Companies Act, 2013 Enforced with effect from 1-4-2014. CHAPTER II INCORPORATION OF COMPANY AND MATTERS INCIDENTAL THERETO Formation of company 3. (1) A company may be formed for any lawful purpose by— (a) seven or more persons, where the company to be formed is to be a public company; (b) two or… Read More »
Rules under Companies Act 2013 CHAPTER II : INCORPORATION OF COMPANY AND MATTERS INCIDENTAL THERETO COMPANIES (INCORPORATION) RULES, 2014 n exercise of the powers conferred under section 3, section 4, sub-sections (5) and (6) of section 5, section 6, sub-sections (1) and (2) of section 7, sub-sections (1) and (2) of section 8, clauses (a)… Read More »
PRESS RELEASE, DATED 1-7-2015 Secretarial Standard-2 (SS-2) on “General Meetings Following is the text of the Secretarial Standard-2 (SS-2) on “General Meetings”, issued by the Council of the Institute of Company Secretaries of India and approved by the Central Government. Adherence by a company to this Secretarial Standard is mandatory, as per the provisions of… Read More »
PRESS RELEASE, DATED 1-7-2015 SS-1 SECRETARIAL STANDARD ON MEETINGS OF THE BOARD OF DIRECTORS The following is the text of the Secretarial Standard-1 (SS-1 ) on “Meetings of the Board of Directors”, issued by the Council of the Institute of Company Secretaries of India and approved by the Central Government. Adherence by a company to… Read More »
Rules framed under Companies Act 2013 CHAPTER XII : MEETINGS OF BOARD AND ITS POWERS COMPANIES (MEETINGS OF BOARD AND ITS POWERS) RULES, 2014 In exercise of powers conferred under sections 173, 175, 177, 178, 179, 184, 185, 186, 187, 188, 189 and section 191 read with section 469 of the Companies Act, 2013 and… Read More »
Section – 174, Companies Act, 2013 (Enforced with effect from 1-4-2014) Quorum for meetings of Board 174. 1(1) The quorum for a meeting of the Board of Directors of a company shall be one-third of its total strength or two directors, whichever is higher, and the participation of the directors by video conferencing or by other… Read More »