CHAPTER I – PRELIMINARY (Section 1 and Section 2) Applicability The Act is applicable to whole of India Major definitions defined in this Act Associate Company [2(6)] “associate company”, in relation to another company, means a company in which that other company has a significant influence, but which is not a subsidiary company of […]
Archive for the ‘Corporate Law’ Category
SEBI Circular:COMPLIANCE WITH THE PROVISIONS OF EQUITY LISTING AGREEMENT BY LISTED COMPANIES – MONITORING BY STOCK EXCHANGES
CIRCULAR NO. CFD/POLICYCELL/13/2013, DATED 18-11-2013 1. The Equity Listing Agreement mandates listed companies to make periodic and event based disclosures which are price sensitive in nature and which will have bearing on the performance/operations of the company. 2. SEBI vide circular No. MRD/DSA/31/2013 dated September 30, 2013 streamlined the processes and procedures with regard to […]
MCA Circular:Clarification with regard to applicability of provision of Section 372A of the Companies Act, 1956.
Circular No 18/2013 Dated: 19th November 2013 Sub: – Clarification with regard to applicability of provision of Section 372A of the Companies Act, 1956. This Ministry has received number of representations consequent upon notifying Section 185 of the Companies Act, 2013 dealing with loans to directors which is corresponding to Section 295 of the Companies Act, 1956. Section […]
Introduction Section 185 of Companies act 2013 which is applicable from 12th September 2013 is related to loans or guarantee to directors or to any other person in whom the director is interested or gives any guarantee or provides any security in connection with any loan taken by him or such other person. According […]
CIRCULAR NO. MRD/DMS/34/2013, DATED 6-11-2013 1. Technological advancements and various market events have necessitated reviewing the existing system audit framework for Stock Brokers/Trading Members. Accordingly, system audit guidelines have been revised which includes System Audit Process, Auditor Selection Norms and Terms of Reference (TOR). 2. The stock exchanges should ensure that system audit of stock […]