Category Archives: other Acts

Business Responsibility Reporting extended to top 500 Listed Entities :SEBI

By | December 3, 2015

Business Responsibility Reporting by Listed Entities SEBI has, vide circular dated August 13, 2012, mandated Business Responsibility Reporting (BRR) requirement for top 100 listed entities based on market capitalization in their annual reports. The key principles which are required to be reported by the entities include the areas such as environment, social, governance, stakeholder’s relationships,… Read More »

Companies can avoid Penalties if deedmed public issue to less than 200 person

By | December 3, 2015

Securities and Exchange Board of India Deemed Public Issues Post April 01, 2014, any offer or allotment of securities shall be considered as public issue if the number of offerees / allottees exceeds 200 persons in a financial year under the Companies Act, 2013 as against the cap of 49 persons provided in the Companies… Read More »

IRDA invite comments on Amendment to Regulation 28(9) for Branch offices of Foreign Reinsurers

By | December 2, 2015

Exposure Draft Date:02-12-2015 Amendment to Regulation 28(9)-Order of preference of cessions by Indian insurers – IRDAI’s (Registration and Operations of Branch offices of Foreign Reinsurers other than Lloyd’s) Regulations, 2015 Attention is drawn of all stakeholders regarding the IRDAI’s (Registration and Operations of Branch offices of Foreign Reinsurers other than Lloyd’s) Regulations, 2015. As is… Read More »

HARYANA VALUE ADDED TAX (SECOND AMENDMENT) ACT, 2015

By | December 2, 2015

HARYANA GOVERNMENT LAW AND LEGISLATIVE DEPARTMENT Notification The 21st September, 2015 No. Leg. 22/2015.—The following Act of the Legislature of the State of Haryana received the assent of the Governor of Harana on the 15th September, 2015, and is hereby published for general information:- HARYANA ACT NO. 15 OF 2015 THE HARYANA VALUE ADDED TAX… Read More »

CD is document as per Indian Evidence Act : Supreme Court

By | December 2, 2015

IN THE SUPREME COURT OF INDIA Shamsher Singh Verma … Appellant Versus State of Haryana …Respondent CRIMINAL APPEAL NO. 1525 OF 2015 November 24, 2015 Word “document” is defined in Section 3 of the Indian Evidence Act, 1872, as under: – “ ‘Document’ means any matter expressed or described upon any substance by means of… Read More »

SEBI Discussion Paper on public issuance of Convertible Securities

By | December 2, 2015

Discussion Paper on ‘Review of framework for public issuance of Convertible Securities ’ Such comments may please be e-mailed on or before December 23, 2015, to convertibles@sebi.gov.in or sent by post, to: Shri. Amit Tandon Deputy General Manager Corporation Finance Department Securities and Exchange Board of India SEBI Bhavan Plot No. C4-A, “G” Block Bandra… Read More »

SEBI Discussion Paper on “ Exit Offer to Dissenting Shareholders ”

By | December 2, 2015

Discussion Paper on “ Exit Offer to Dissenting Shareholders ” Such comments may please be e-mailed on or before December 23, 2015, to issueobject@sebi.gov.in or sent by post, to:- Shri. Amit Tandon Deputy General Manager Corporation Finance Department Securities and Exchange Board of India SEBI Bhavan Plot No. C4-A, “G” Block Bandra Kurla Complex Bandra… Read More »

Schemes of Arrangement by Listed Entities

By | December 1, 2015

As per the Circular No CIR/CFD/CMD/16/2015 Dated 30.11.2015 issued by Securities and Exchange Board of India To All Listed Entities who have listed their equity and convertibles All the Recognized Stock Exchanges Dear Sir/Madam, Sub: Schemes of Arrangement by Listed Entities and (ii) Relaxation under Sub-rule (7) of rule 19 of the Securities Contracts (Regulation)… Read More »