Filing of documents with delay on payment of additional fee 1. Section 611(2) of the Companies Act, 1956 permits filing of documents with delay, without prejudice to any other liability, on payment of additional fee not exceeding ten times of th
Levy of Cash Handling Charges by Banks Normally banks do not charge from their customer for depositing money to their own account. However, some banks levy charges for cash payment against credit card bills. Charges are collected at the time of
Regulation of Interest Rates Charged by MFIs The Small Industrial Development Bank of India (SIDBI) has reported that SKS Microfinance Ltd. (SKS), the only Micro Finance Institution (MFI) in India to be listed on the Bombay Stock Exchange/Nation
Formation of FSDC The Financial Stability Development Council (FSDC) is expected to come into force in the month of December, 2010. The Ministry of Finance has consulted all the financial sector regulators on the formation of the Council. The
Certificate Course on Valuation at Hyderabad: Limited Seats. Register soon Corporate Laws and Corporate Governance Committee The classes of the Certificate Course on Valuation at Hyderabad centre will start on 18t
Complaints Received by the Serious Fraud Investigation Office and the Registrar of Companies The Minister for Corporate Affairs has informed the Lok Sabha that the Registrars of Companies (RoC) received complaints against various companies from
Substitution of Form 10 - Limited Liability Partnership (Second Amendment) Rules, 2010 Notification No. G.S.R. 914(E) Dated 15-11-2010 In exercise of the powers conferred by sub-sections (1) and (2) of section 79 of the Limited Liability Part
Revised Guidelines for Training of Articled Assistant outside India The Institute, while considering the difficulties being faced by overseas members in providing training to articled assistants has issued the revised guidelines and FAQs for tra
Age-Limit for Senior Citizens Facilities The Maintenance and Welfare of Parents and Senior Citizens Act, 2007 defines ‘Senior Citizen’ as a person who has attained the age of 60 years or above. The Act provides for claim for maintena
One Rank One Pension The Parliamentary Standing committee on Defence has urged the government to reconsider the demand of "One Rank One Pension" for the ex-servicemen. The Parliamentary Standing Committee on Defence (15th LOK SABHA)