True and Full Disclosure: A Fetter on the power of the AO to reopen
This article explains about the scheme and how it works with a couple of most frequently asked questions.
The MSME registration scheme has no statutory basis. Units would normally get registered to avail some benefits, incentives, or support given either by the Central or State Govt. Benefits available under the MSMED Act.
Regulation 8 of the SEBI requires the Board of Directors of a listed company to formulate and publish on its official website, a code of practices and procedures for fair disclosure of unpublished price sensitive information in the manner prescribed therein.
If the Company has excess funds they can buy back their shares from existing shareholder which will improve return on equity. This corporate restructuring step boost the confidence of the investors in the Company and prevents hostile takeover of the Company.
Remittance is an income earned in foreign which is transferred to any family member/relative in the country from any foreign nation. The Reserve Bank of India regulates remittances from foreign nations through its Liberalised remittance scheme. RBI liberalized remittance Scheme is not available to corporates, partnership firms, HUF, Trusts, etc.
Bullet Points on Companies Amendment Bill 2020. The Companies Amendment Bill was introduced in the Lok Sabha on 17th March 2020.
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