1. The Union Cabinet, chaired by the PM Shri. Narendra Modi, yesterday approved the introduction of the Companies (Amendment) Bill, 2014 in
parliament to make certain amendments in the Companies Act, 2013.
2. RBI declares monetary policy yesterday as: Short-term lending (Repo) rate unchanged at 8 per cent. Cash reserve ratio (CRR) unchanged at 4 per
cent. Statutory Liquidity Ratio retained at 22 per cent to unlock banking funds etc.
3. Resident seeking Advance Ruling to apply in new Form 34DA. Fee for advance ruling specified from Rs.10000 to Rs.10 lacs. IT (12th Amendment)
Rules, 2014 W.e.f. 28.11.2014.
4. Supreme Court dismissed SLP against High Court’s order holding that reassessment not to be made after 4 years due to retro-amendment. [Supreme
Court of India CIT vs. Avadh Transformers (P.) Ltd*].
5. SEBI with an intention to make it easier for retail investors to participate in OFS has revised the guidelines on sale of shares through
offer for sale mechanism.
6. Insurance brokers to ensure while appointing auditor for 2015-2016 on wards that auditor can be retained for maximum 5 years. [IRDA Circular of
30-10-14].
parliament to make certain amendments in the Companies Act, 2013.
2. RBI declares monetary policy yesterday as: Short-term lending (Repo) rate unchanged at 8 per cent. Cash reserve ratio (CRR) unchanged at 4 per
cent. Statutory Liquidity Ratio retained at 22 per cent to unlock banking funds etc.
3. Resident seeking Advance Ruling to apply in new Form 34DA. Fee for advance ruling specified from Rs.10000 to Rs.10 lacs. IT (12th Amendment)
Rules, 2014 W.e.f. 28.11.2014.
4. Supreme Court dismissed SLP against High Court’s order holding that reassessment not to be made after 4 years due to retro-amendment. [Supreme
Court of India CIT vs. Avadh Transformers (P.) Ltd*].
5. SEBI with an intention to make it easier for retail investors to participate in OFS has revised the guidelines on sale of shares through
offer for sale mechanism.
6. Insurance brokers to ensure while appointing auditor for 2015-2016 on wards that auditor can be retained for maximum 5 years. [IRDA Circular of
30-10-14].
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Topics to be discussed
by CA N More
:a) How to issue shares: Procedures of right issue, private placement, preferential allotment & planning ?
b) How to handle notice for non filling of Form 5INV?
c) Can we file DPT4 without paying any penalty now?
d) What are additional cares to be taken under Companies Act,2013?
e) How can we plan for “Related party transaction” u/s 188 ?
f) How can we plan for “loan to group cos u/s 185” to the extent possible?
g) What are cares to be taken for appointment
h) What are cares to be taken for appointment & resignations of directors?
b) How to handle notice for non filling of Form 5INV?
c) Can we file DPT4 without paying any penalty now?
d) What are additional cares to be taken under Companies Act,2013?
e) How can we plan for “Related party transaction” u/s 188 ?
f) How can we plan for “loan to group cos u/s 185” to the extent possible?
g) What are cares to be taken for appointment
& resignations
of Auditors?h) What are cares to be taken for appointment & resignations
i) What are cares to be taken for filling MGT14 along with Draft resolutions for 1st BM?
j) How to handle Practical Problems?
Do u know?
1) Co will be able to receive loan from individuals upto ne
t
worth2) Co can file DPT4 without penalty in many cases
3) Co can issue shares by filling MGT14 & PAS3 only (No SR,No Valuation report, No separate a/c)
4) Discussion of different ways of issue of share capital with process flow chart & time flow chart
5) Form 5INV, not applicable for major Pvt Ltd Cos
6)
& many more.....................................
HOW!!!!!!
Join seminar by CA Nitesh More
1)
He has
provided solution for Sunday AGM & Form 5INV etc2) Now ,
he
will provide suggestions for Cos Act, 20133) No problem with Cos Act if properly planned
:
CA N More
Warm Regards
"Team" CA.Nitesh More
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