December-Newsletter

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Knowledge Connect is a monthly newsletter published by R & A Associates .

Dec'2012 Issue, Vol  21

 Ar cle of the Month
TRUST-An Overview   The origin of 'Trusts' can be traced back of the ancient times when the human motivation to do charity and dedicate property for charitable...       read more >>

 

 Editor's Column
Hard work, dedication and commitment always pays off... Congratulations to Muhammad Shahid Nazir for his innovative marketing technique to attract the customers... read more >>

 Updates & Amendments 
A. MINISTRY OF CORPORATE AFFAIRS (MCA)
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 Compliance Calendar
>>   Compliances for the month of Dec  - 2012

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Filing of Balance Sheet and profit and Loss Account by companies in Non - XBRL for the accounting year commencing on or after 01.04.2011 Examination of Balance Sheets by ROCs Amendment in the procedure for appointment of Cost Auditors by Companies and post appointment formalities

 Case Laws
1. The respondent company was under liquidation. One of the directors of the company Mr.Mukhinder Singh...                 read more >> 2. This suit was compromised and the compromise was recorded on 16.11.2005... read more >>

B. SECURITIES AND EXCHANGE BOARD OF INDIA (SEBI)
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Mini derivative (Futures & Options) contract on Index (Sensex & Nifty) Notification regarding establishment of Local Office of the Board at Bhubaneswar Arbitration Mechanism in Stock Exchanges Establishment of Connectivity with both depositories NSDL and CDSL – Companies eligible for shifting from Trade for Trade Settlement (TFTS) to normal Rolling Settlement Modification/ Change of name in the Beneficial Owner (BO) account

 Legal Jargons
"Word: Extradi on " Meaning: French word which means that it is the official process whereby one nation or state surrenders a suspected or convicted criminal to another na on....  read more >>

C. RESERVE BANK OF INDIA (RBI)
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 Lets Analyse
We have been deliberating on Section 2(30) of the Companies Act, 1956. In the earlier issue, we concluded on the basis of a case law that the “Liquidator” of the Company can be considered as the officer...                read more >>

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Export of Goods and Software – Realisation and Repatriation of export proceeds – Liberalisation External Commercial Borrowings (ECB) Policy – ECB by Small Industries Development Bank of India (SIDBI) Guidelines for Rehabilitation of Sick Micro and Small Enterprises

 Insight
Limited Liability Partnership entities, the world wide recognized form of business organization, has been introduced in India by way of Limited Liability Partnership Act, 2008... read more >>

 Demys fy Law
SARFAESI Act enables and empower the secured creditors to take possession of their Securities and to deal with them without the interven on...  read more >>

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  Business Set-Up
Audit n Assurance Corporate Governance Legal Due Diligence Forex Compliances

  Corporate Advisory & Compliance
Regulatory Approvals & Representation Merger/Amalgamation or Acquisition Employee Stock Option Schemes Transaction documents

  Intellectual Property Rights
Advisory on Capital Raising Services to Lending Institutions Services for Export Oriented Units

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