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Does the Onus for Non-Compliance with Compliances rest solely with the Company Secretary?

  CS Divesh Goyal    11 April 2024 at 09:58

In this case law, the Regional Director has entirely focused on the Company Secretary and stated that the Company Secretary is solely responsible for the Company's Secretarial Standards and Compliances. Read the editorial till end.



A Guide to Obtaining CKYC Registration for Financial Institutions in India

  Parveen Sihag    10 April 2024 at 08:34

In India, financial institutions are mandated to obtain Central Know Your Customer (CKYC) registration from the Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI).



EPFO's Latest: Automatic PF Transfer for Job Switcher

  Mitali    05 April 2024 at 12:25

As new financial year came, starting with the 1st April Employees' Provident Fund Organisation (EPFO) has introduced a system that gives a hassle free PF Transfer for Job Movers.



Exploring the Legality: Interest-Free Loans from Parent Companies to Wholly Owned Subsidiaries

  CS Binit Thakur    05 April 2024 at 08:38

The matter at hand involves the permissibility of a company extending an interest-free loan to its Wholly Owned Subsidiary Company, as governed by the provisions of Section 186 of the Companies Act, 2013. The key considerations and relevant provisions are summarized below.



NRI Property Transactions & Sale Proceeds Repatriation

  CA Arun Tiwari    04 April 2024 at 08:44

This article will cover the laws regarding property purchase and sale by NRIs, as well as the repatriation of sale proceeds, in separate sections.



Can LLPs Engage in Financing Activities? RBI's Approval Holds the Key

  CS Binit Thakur    03 April 2024 at 14:11

Can LLPs do financing activity? If an LLP wishes to run non-banking financial activity, then it is required to obtain prior approval from the Reserve Bank before starting the business.



Revised Secretarial Standards on Board and General Meetings

  Jyoti Mittal    02 April 2024 at 14:43

In February 2024, the ICSI issued revised drafts of SS-1 and SS-2 which will come into effect from 1 April 2024.



NRO & NRE Accounts: Guide for NRIs

  CA Arun Tiwari    02 April 2024 at 08:52

Today, let's delve into NRO and NRE accounts and how they can be effectively used for family expenses and investments.



Understanding the Process to become an Insolvency Professional

  CA Gyati Gupta    02 April 2024 at 08:52

The IBC provides a unified legal framework for the timely resolution of insolvency cases and promotes ease of doing business in India.



Highlights of Revised Secretarial Standards on General Meetings (SS-2)

  Affluence Advisory    02 April 2024 at 08:52

The ICSI in January, 2024 has issued a revised SS-2 (effective from April 01st, 2024) to maintain consistency with the amended (vide Companies (Amendment) Act, 2017) provisions of the Act.