One of the most important steps in the Company Incorporation process is choosing name of the Company / LLP. In this article we will discuss the naming guidelines and process of naming a Company or LLP. Name The proposed name of the Company should be unique and acceptable as per Companies Act, 2013 or LLP … Read More →
Reserve Bank of India on Wednesday made life a bit easier for banks by softening rules on liquidity measurement and risk management. It said that banks do not need to consider retail deposits with maturity beyond a month for liquidity coverage ratio (LCR) calculation, giving more flexibility in their daily operations. The banking regulator has … Read More →
The payments bank of the Department of Posts is likely to go operational by March 2017, Communications and IT Minister Ravi Shankar Prasad has said. “Very soon by March next year we are going to bring in payments bank of the Postal department. And how things are changing, we have just got in-principle approval and … Read More →
Jurisdictions not only have some aspects of tax benefits but they are also good places to attract investors such as: stable politics, good fame, sophisticated corporate common law Each offshore country has its separate benefits that can meet the customers’ strategic demands. OCC’ customer service team are trained to support clients to find out the … Read More →
A producer company means a body corporate, having objects specified in section 581 B and registered as a Producer Company. The object of a producer company shall relate to all are any of the following namely: Production , harvesting , procurement, grading , pooling ,handling marketing, selling, export of primary produce of members or import … Read More →
Private Limited Company A private limited company is a voluntary association of not less than two and not more than fifty members, whose liability is limited, the transfer of whose shares is limited to its members and who is not allowed to invite the general public to subscribe to its shares or debentures. Its main … Read More →
An application for registration of a Multi-State Cooperative society shall be made in the prescribed form (Form 1 and Form 2) http://mscs.dac.gov.in/ The application shall be signed by:- In the case of a multi-state Cooperative society of which all the members are individuals, by at least fifty persons from each of the states concerned. In … Read More →
In 1990s there were various instances of collection of money by numerous agro-based and plantation companies, which eventually failed to provide any return on the investments (despite promising around 18-30% returns) including the repayment of principal amount. In this context, the Government of India, vide its press release dated November 18, 1997, decided that an … Read More →
Volatile markets notwithstanding, more than 2,200 new Foreign Portfolio Investors ( FPIs) registered with regulator Sebi in the first 10 months of the ongoing fiscal. According to the latest data from Securities and Exchange Board of India (Sebi), the capital markets had witnessed 1,444 newly registered foreign portfolio investors in the entire fiscal 2014-15.
Suspicion of cash transfers through the illegal hawala channel in the course of arbitrage between gold futures contracts traded on local exchanges and those traded overseas was one of the main reasons for Sebi and Economic Offences Wing (EOW) of the Mumbai police to have conducted joint raids on certain brokers in Kolkata and Mumbai, … Read More →