[aaykarbhavan] Judgmdents and Infomration

SEBI proposes revamping enforcement systems; RBI notifies Insurance sector's FDI hike, eases microfinance cos.' lending norms

SEBI proposes revamping enforcement systems; RBI notifies Insurance sector's FDI hike, eases microfinance cos.' lending norms

Sebi set to revamp its enforcement systems RBI notifies hike in FDI cap in insurance sector RBI eases lending norms for microfinance companies Supreme Court bench to examine company law tribunal Satyam scam: 7-year jail term for Ramalinga Raju Satyam scam: Global tech analysts hail changes and verdict CA body promises robust standards How Satyam scam raised the bar of corporate governance The positive fallout: Better laws to govern corporates Can GIFT City be India's Hong Kong? Maharashtra brings Limited Liability Partnership, Joint Venture under Partnership Act SEBI eases foreign investment rules in govt bonds Headless FMC's senior member, directors also moving out No second bridge, Noida Bridge Corp patents toll extortion Aurobindo Pharma, Plethico Pharmaceuticals Gain on Settlement of Dispute Moody's thumbs up for Modi's policies

5-Judge bench of SC to decide constitutional validity of NCLT

Apex Court will constitute 5 Judge Bench before summer vacation to hear the case on the constitutional validity of National Company Law Tribunal, says Chief Justice of India, H. L. Dattu : Source - Bar & Bench

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MCA provides transitional relief on managerial remuneration of listed co., its subsidiaries

MCA clarifies on managerial remuneration paid by listed companies and their subsidiaries to the managerial personnel under Schedule XIII of Cos. Act, 1956; Refers to MCA Circular issued under Cos. Act, 1956 (issued in 2012) and clarifies that the managerial personnel may continue to receive remuneration for remaining term in accordance with terms and conditions approved by company as per provisions of Schedule XIII of Cos. Act, 1956; This relief is available to the managerial personnel's tenure falling after April 1, 2014 Click here to read more.

MCA clarifies on inter-corporate loans' lending rate, relies on Cos. Act,1956 Circular

MCA clarifies on Section 186(7) of Cos. Act, 2013 (relating to the rate of interest for loans by companies); States that where the effective yield (i.e. effective rate of return) on tax free bonds is greater than the prevailing yield of 1 year, 3 year, 5 year or 10 years Govt. Security (closest to the tenor of loan), then there is no violation of provisions of Cos. Act, 2013; Also refers and relies on the Circular issued by MCA which provided the same clarification u/s 372A of Cos. Act, 1956 Click here to read more.

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Posted by: Dipakkumar Shah <cadjshah@yahoo.com>

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