Category Archives: other Acts

Article 243P Constitution of India 1950 – Municipalities

By | May 1, 2017

Article 243P Constitution of India 1950 1[PART IXA ] THE MUNICIPALITIES Definitions. 243P. In this Part, unless the context otherwise requires,— (a)          “Committee” means a Committee constituted under article 243S; (b)          “district” means a district in a State; (c)          “Metropolitan area” means an area having a population of ten lakhs or more, comprised… Read More »

Section 2 Information Technology Act 2000

By | May 1, 2017

Section 2 Information Technology Act  2000 Definitions . 2 . (1) In this Act, unless the context otherwise requires,— (a) “access” with its grammatical variations and cognate expressions means gaining entry into, instructing or communicating with the logical, arithmetical, or memory function resources of a computer, computer system or computer network; (b) “addressee” means a… Read More »

Section 2 Cost and Works Accountants Act 1959

By | May 1, 2017

Section  2 COST AND WORKS ACCOUNTANTS ACT 1959 Definitions and interpretation. 2. (1) In this Act, unless the context otherwise requires,— (a) “associate” means an associate member of the Institute; 1[(aa) “Authority” means the Appellate Authority referred to in section 22A; (aaa) “Board” means the Quality Review Board constituted under section 29A;] (b) “cost accountant”… Read More »

Section 2 Chartered Accountants Act 1949

By | May 1, 2017

Section 2 Chartered Accountants Act 1949 Interpretation. 2. (1) In this Act, unless there is anything repugnant in the subject or context,— (a) “associate” means an associate member of the Institute; 3[(aa) “Authority” means the Appellate Authority constituted under section 22A; (aaa) “Board” means the Quality Review Board constituted under section 28A;] (b) “chartered accountant”… Read More »

Section 2 Company Secretaries Act 1980

By | May 1, 2017

Section 2 Company Secretaries Act 1980 Definitions and interpretation. 2. (1) In this Act, unless the context otherwise requires,— (a) “Associate” means an Associate Member of the Institute; 1[(aa) “Authority” means the Appellate Authority referred to in section 22A; (aaa) “Board” means the Quality Review Board constituted under section 29A;] (b) “Companies Act” means the… Read More »

Sovereign Gold Bond – Dematerialisation

By | April 30, 2017

Sovereign Gold Bond – Dematerialisation Date : Apr 28, 2017 The Reserve Bank of India, in consultation with the Government of India, has issued seven tranches of Sovereign Gold Bonds for a total value of ₹ 4800 crore till date. Investors in these bonds have been provided with the option of holding them in physical… Read More »

Category: RBI

Net Owned Fund Requirements for Asset Reconstruction Company

By | April 29, 2017

RBI/2016-17/295 DNBR. PD (ARC) CC. No. 03/26.03.001/2016-17 April 28, 2017 The Chairman / Managing Director / Chief Executive Officer All registered Asset Reconstruction Companies. Dear Sir, Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002- Section 3 (1) (b) – Requirement of Net Owned Fund (NOF) for Asset Reconstruction Companies. A… Read More »

SEBI Circular on disclosure of executive remuneration by Mutual Funds

By | April 29, 2017

Circular No. SEBI/HO/IMD/DF2/CIR/P/2017/35 All Mutual Funds/Asset Management Companies (AMCs)/ Trustee Companies/Boards of Trustees of Mutual Funds Sir/Madam, Subject: Circular on Mutual Funds 1. Please refer to SEBI circular no. SEBI/HO/IMD/DF2/CIR/P/2016/42 dated 18 March 2016. 2. In partial modification of the above mentioned circular, para C of the circular pertaining to disclosure of executive remuneration shall read as… Read More »