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Feb'2013Issue,Vol23
Ar cleoftheMonth
BONUSDEBENTUREARewardtoShareholder's Asthenancialmarketshavematuredoverthe years,thenancialcommunityhascomeoutwith varioustypesofinnova venancialinstrumentssuch asequityshares,preferenceshares,bonusshares, promissorynotes...readmore>>
Partner'sSpeak
Theyear2013,iswitnessingacouple ofimportantreformsforthe corporatesector...readmore>>
ComplianceCalendar
>>CompliancesforthemonthofFeb 2013
Updates&Amendments
A.MINISTRYOFCORPORATEAFFAIRS(MCA) FilingofBalanceSheetandProtandLoss accountinexen sibleBusinessRepor ng LanguagemodeforFinancialYearcommencing onora er1.4.2011 B.SECURITIESANDEXCHANGEBOARDOFINDIA (SEBI) Ra onalisa onprocessforobtainingPANby Investors AmendmentstoSEBI(EmployeeStockOp on SchemeandEmployeeStockPurchaseScheme) Guidelines,1999andEquityLis ngAgreement. EstablishmentofConnec vitywithboth depositoriesNSDLandCDSLCompanies eligibleforshi ingfromTradeforTrade Se lement(TFTS)toNormalRollingSe lement Guidelinesforprovidingdedicateddebt segmentonstockexchanges ComprehensiveguidelinesonOerForSale (OFS)ofSharesbyPromotersthroughtheStock ExchangeMechanism C.RESERVEBANKOFINDIA(RBI) ExternalCommercialBorrowings(ECB)Policy NonBankingFinancialCompany InfrastructureFinanceCompanies(NBFCIFCs) ForeignDirectInvestment(FDI)inIndiaIssue ofequitysharesundertheFDIschemeallowed undertheGovernmentroute Repor ngunderForeignExchange ManagementAct,1999(FEMA) ForeignExchangeManagement(Transferor IssueofSecuritybyaPersonResidentoutside India)(SecondAmendment)Regula ons,2013 ExternalCommercialBorrowings(ECB)Policy RepaymentofRupeeloansand/orfreshRupee capitalexpenditureUSD10billionscheme
R&AEvents
Mr.R.RamakrishnaGupta,Partner ofthermelectedastheChairmanof theHyderabadChapter... readmore>>
CaseLaws
1. Commissioner,CommercialTax,Govt ofMadhyaPradeshv/s.Ocial Liquidator...readmore>> 2. KrishnaGopalMaheswariV. Addi onalCommissionerofIncome tax,range5,rozabad[itat]...read more>>
LegalJargons
"Word:Collusion" Meaning:Illegalandusuallysecret agreementbetweentwoormore peopletodeceive...readmore>>
LetsAnalyse
Intheearlierissuewediscussedon Sec on2(30)oftheCompaniesAct, 1956...readmore>>
Demys fyLaw
ewaste(Managementand Handling)Rules,2011 Ewasteisamongthefastestgrowing wastestreams...readmore>>
Insight
CompoundingofContraven ons underFEMA,1999 Contraven onisabreachofthe provisionsoftheForeignExchange ManagementAct...readmore>>
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