Overview Of FEMA Compliances

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  • March 10, 2021
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The Foreign Exchange Management Act, 1999 (FEMA) is an Act of the Parliament of India “to consolidate and amend the law relating to foreign exchange with the objective of facilitating external trade and payments and for promoting the orderly development and maintenance of foreign exchange market in India”. FEMA...

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Annual Return On Foreign Assets & Liabilities

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  • March 10, 2021
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FLA Return is described as Foreign Liabilities And Assets Return which is required to be     submitted by all the Indian Companies which have received Foreign Direct Investment (FDI) or made Overseas Investment abroad in the previous year(s) including the current year i.e. who holds foreign Assets or Liabilities in...

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Filing of FC-TRS

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  • March 10, 2021
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FC-TRS stands for (Form Foreign Currency-Transfer of Shares) Form. This form is filed in case of transfer of shares or convertible debentures of an Indian Corporation from a resident to a Non-Resident/Non-Resident Indian and vice versa by means of sale. The Indian corporation must report the transactions to the...

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Filing of FC-GPR

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  • March 10, 2021
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FC-GPR stands for Foreign Currency- Gross Provisional Return.  An Indian company issuing equity instruments to a person resident outside India should file FC-GPR Form within 30 days from the date of issuance of the equity instruments. There are two ways by which a foreign investor can invest in India– the...

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Sexual Harassment Of Women At Workplace (Prevention, Prohibition And Redressal) Act, 2013

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  • March 3, 2021
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I) Background of the Act Workplace sexual harassment in India, was for the very first time recognized by the Supreme Court of India (“Supreme Court”) in its landmark judgment of Vishaka v. State of Rajasthan (“Vishaka Judgment” or “Guidelines”), wherein the Supreme Court framed certain guidelines and issued directions...

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Compliances Under SEBI (Listing Obligations And Disclosure Requirements) Regulation 2015

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  • March 3, 2021
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QUARTERLY COMPLIANCE: Sr .No Regulation No. Compliance Quarterly/Half Yearly/Annually Time Period  Date by which to be filed 1 13(3) Statement of Investor complaints. Quarterly Within 21 days from the end of each quarter. 21st July 21st October 21st January 21st April 2 27(2) Corporate Governance. Quarterly Within 15 days...

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Website Disclosures as Per Companies Act And SEBI Listing Obligations And Disclosure Requirements (LODR), 2015

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  • March 3, 2021
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Having a website and online presence strategy allows any business to flourish its market and expand its business. As the web has the fastest reach to advertise any form of Business. Website disclosures is the primary tool of better Corporate Governance. Thus, the companies having their website are required...

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Voluntary Liquidation Under IBC

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  • March 3, 2021
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Voluntary Liquidation in India is administered under Insolvency and Bankruptcy Code, 2016. Voluntary Liquidation is the process of liquidating the company with the approval of its members. A company usually goes for a voluntary liquidation when its members decide not to continue its business operations. The main objective is to...

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The Companies Amendment Bill

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  • March 2, 2021
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The Companies Amendment Bill was passed on 22nd September 2020 by the Rajya Sabha. The essence of these amendments is primarily directed towards ease of conducting business, simplifying compliances, repealing the redundant provisions of the Act and levying lesser penalties for companies which do not involve larger public interest....

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Companies Amendment Act- A New Beginning

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  • March 2, 2021
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Companies Amendment Act- A New Beginning – By CS Akansha Rathi   Background The Ministry of Corporate Affairs (MCA) constituted a Company Law Committee (CLC) to review sections on offences under the Companies Act, 2013 (2013 Act). The CLC contemplated on various matters in addition to review of offences...

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