CIRCULAR CIR/CFD/CMD/9/2015 November 04, 2015 To The Managing Director/Executive Director, All recognised Stock Exchanges. The Managing Director/Executive Director, All Depositories. Dear Sir/Madam, Sub: Format for quarterly holding pattern, disclosure norms for corporate governance report and manner for compliance with two-way fungibility of Indian Depository Receipts (IDRs) 1. In terms of sub regulation (1) of regulation… Read More »
CIRCULAR CIR/CFD/CMD/8/2015 November 4, 2015 To All Listed Entities All the Recognised Stock Exchanges Dear Sir/Madam, Sub: Format for Voting Results 1. Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (hereinafter referred to as “Listing Regulations”), has prescribed that the listed entity shall submit to the stock exchange, within forty eight… Read More »
Press Information Bureau Government of India Ministry of Finance 03-November-2015 14:13 IST Among others Special Investigation Team (SIT) calls for greater vigilance by law enforcement and intelligence agencies while examining the cases of persons holding Directorship in more than 20 Companies and where more than 20 companies are operating from the same address The Special… Read More »
Rule regarding postal ballot specifically provides for passing of resolution under section 180(1)(a) by way of postal ballot only, still many listed companies are passing the same in the annual general meetings, is there any exception available to that? Answer: According to companies act 2013 section 180(1)(a) that relates to selling, leasing or otherwise disposing off the… Read More »
Investor Rights & Obligations Investor’s Rights Investor’s Obligations Right to Get Unique Client Code (UCC) allotted. Get a copy of KYC and other documents executed. Get order of trading of shares executed in his/her Unique Client Code only. Get order of trading of shares placed as per terms and conditions agreed to between broker and… Read More »
Facts of the case : Petitioner and R2 being real brothers were only shareholders in R1 family company . Petitioner alleged that R2 had forged his signatures on petitioner’s alleged resignation letter from directorship and also on alleged Board Resolution allowing appointment of wife of R2 (R3) as new director of company . Further, he… Read More »
Guidance Note on Meetings of Board of Directors Suggestions Invited Secretarial Standards have been introduced for the first time in the world and it is understandable that any new initiative would have some teething problems but we are sure that time will prove the indispensable role of Secretarial Standards in enhancing the corporate culture and… Read More »
Auditing and Assurance Standards Board Guidance Note on Reporting on Fraud under Section 143(12) of the Companies Act, 2013 The Auditing and Assurance Standards Board of the Institute of Chartered Accountants of India has today issued the Guidance Note on Reporting on Fraud under Section 143(12) of the Companies Act, 2013. For the benefit of… Read More »
General Circular N o.14/2075 F.01/34/2073-CL.V No. Government of India Ministry of Corporate Affairs **** 5th Floor, A wing, Shastri Bhawan Dr. Rajendra Prasad Road, New Delhi Dated: 28th October, 2015 To All Regional Directors, All Registrar of Companies, All stakeholders Subiect: Relaxation of,additional fees and extension of last date of liling of AOC 4, … Read More »
Companies (Share Capital and Debentures) Second Amendment Rules, 2015. – Provision specifying the manner in which share certificate are required to be signed modified vide Notification F. No. 1/31/2013-CL-V-Part – Dated: May 29, 2015 –Kindly provide the new procedure under this section . Yes, Rule 5(3) of the Companies (Share Capital & Debentures) Rules, 2015… Read More »