Corporate Law Articles
RBI amends Foreign Investment guidelines for reporting in SMF on FIRMS
CS Lalit Rajput 07 January 2023 at 11:15The Reserve Bank of India (RBI)vide Notification no. RBI/2022-23/160 A.P. (DIR Series) Circular No. 22, dated04.01.2023has amended the guidelines for reporting ..
Conditions of revocation of declared dividend
FCS Deepak Pratap Singh 07 January 2023 at 10:35As you are aware that "Dividend" is a return on investment made by shareholders in a Capital of a Company and it is different from return on borrowed Capital as interest. A dividend is share of profit to the shareholders of a company ,in which he/she /it has invested.
Proposed amendments in IBC in the year 2023
CS Peer mehboob 07 January 2023 at 08:56The amendments vide Insolvency and Bankruptcy Code (Amendment) Bill 2022 to the Insolvency and Bankruptcy Code (IBC), which came into force in 2016 for timely resolution of stressed assets, are expected to be introduced in the Budget session of Parliament early next year.
FIRMS Portal: Recent changes and practical difficulties
CS Anupriya Saxena 07 January 2023 at 08:56In the year 2018, the Reserve Bank of India changed the paradigm by shifting most of its filings to web-based forms which were earlier done in physical form/by submitting hard copies of the forms and supporting documents. These portals were FIRMS and FLAIR.
Guidance given by SEBI on creation of Suspense Escrow Demat Account
Affluence Advisory 07 January 2023 at 08:56SEBI vide its circular dt: January 25, 2022 had directed listed entities to process all service requests in Demat form.
Change in Single Master Form (SMF) on FIRMS Portal
Affluence Advisory 06 January 2023 at 08:52Reserve Bank of India ('RBI') vide its Circular dated January 4, 2023, has streamlined the process of filing for reporting of Foreign Investment in India in Single Master Form (SMF) on FIRMS Portal.
Salient features of Motor Vehicle Amendment Act, 2019
FCS Deepak Pratap Singh 05 January 2023 at 08:55The Motor Vehicle Amendment Act, 2019 ("Act") came into force on 1st September 2019. The Amendment Act replaced the Motor Vehicles Act, 1988.
MCA to release New Forms
Poojitha Raam Vinay
04 January 2023 at 16:17
MCA is set to release 56 New Forms this January 2023. 10 forms are to be released on the 9th January 2023 and the remaining 46 to be released on the 23rd January 2023.
All about Risk Management Committee
Jyoti Mittal 04 January 2023 at 08:50Risk Management Committee is a committee formed to oversee the risk management policy and global risk management framework of a company
Relaxation w.r.t conducting of Extra Ordinary General Meetings and Postal Ballots
Affluence Advisory 03 January 2023 at 14:22MCA vide it's circular dt: April 8,2020 and circular dt: April 13, 2020 had allowed postal ballots to be conducted through a special framework. Conducting of Postal Ballots through this special framework was allowed till December 31, 2022.
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