Avacom – Secretarial

Avacom Secretarial helps automate company secretarial operations such as management of, Online secretarial compliance, Board meetings, secretarial compliance tracking, secretarial compliance management, automated preparation of Secretarial records Legal updates during Covid-19! Companies Act 2013 has significantly enhanced the disclosure requirement by companies and its Directors to Shareholders and various Statutory Authorities like Registrar of Companies,Continue reading “Avacom – Secretarial”

Avacom – Secretarial

Avacom Secretarial helps automate company secretarial operations such as management of, Online secretarial compliance, Board meetings, secretarial compliance tracking, automated preparation of Secretarial records Legal updates during Covid-19! Companies Act 2013 has significantly enhanced the disclosure requirement by companies and its Directors to Shareholders and various Statutory Authorities like Registrar of Companies, Stock Exchanges, etc.Continue reading “Avacom – Secretarial”

Avacom – Secretarial

Avacom Secretarial helps automate company secretarial operations such as management of, Online secretarial compliance, Board meetings, automated preparation of Secretarial records Legal updates during Covid-19! Companies Act 2013 has significantly enhanced the disclosure requirement by companies and its Directors to Shareholders and various Statutory Authorities like Registrar of Companies, Stock Exchanges, etc. Additionally, multiple penalContinue reading “Avacom – Secretarial”

Companies (Corporate Social Responsibility Policy) Amendment Rules, 2020

The Ministry of Corporate Affairs (MCA) on August 24, 2020 has issued the Companies (Corporate Social Responsibility Policy) Amendment Rules, 2020 to further amend the Companies (Corporate Social Responsibility Policy) Rules, 2014.  The following amendment have been made in the Companies (Corporate Social Responsibility Policy) Rules, 2014: • A new Rule 2 (1) (e) hasContinue reading “Companies (Corporate Social Responsibility Policy) Amendment Rules, 2020”

RBI issues guidelines for Ad-hoc, Short Review, Renewal of Credit Facilities

The Reserve Bank of India (RBI) on August 21, 2020 has issued a circular on Ad-hoc, Short Review, Renewal of Credit Facilities. It has been seen that the credit facilities were not renewed timely. Further, the banks are now expected to have a detailed Board Policy formulating a methodology for periodic renewal of the creditContinue reading “RBI issues guidelines for Ad-hoc, Short Review, Renewal of Credit Facilities”

Pension Fund Regulatory and Development Authority (National Pension System Trust) (Second Amendment) Regulations, 2020

The Pension Fund Regulatory and Development Authority (PFRDA) on July 29, 2020, has issued the Pension Fund Regulatory and Development Authority (National Pension System Trust) (Second Amendment) Regulations, 2020 to further amend the Pension Fund Regulatory and Development Authority (National Pension System Trust) Regulations, 2015. The amendments are made in Regulation 5(4) related to “EligibilityContinue reading “Pension Fund Regulatory and Development Authority (National Pension System Trust) (Second Amendment) Regulations, 2020”

The Chandigarh Estate (Amendment) Rules, 2020

The Chandigarh Estate Branch on July 8, 2020 has issued the Chandigarh Estate (Amendment) rules, 2020 to further amend Chandigarh Estate Rules, 2007.  Following amendments have been made to Chandigarh Estate Rules, 2007:  • Rule 7(i) related to “Transfer of site or building by the allottee/lessee” has been substituted, namely:- Allotment cases: No site /buildingContinue reading “The Chandigarh Estate (Amendment) Rules, 2020”

Manufacture and Other Operations in Warehouse Amendment Regulations, 2020

The Central Board of Indirect Taxes and Customs (CBIC) on August 17, 2020 has issued Manufacture and Other Operations in Warehouse (no. 2) Amendment Regulations, 2020 to further amend Manufacture and Other Operations in Warehouse (no. 2) Regulations, 2019.  The following amendments have been made to the Manufacture and Other Operations in Warehouse (no. 2)Continue reading “Manufacture and Other Operations in Warehouse Amendment Regulations, 2020”

Special Warehouse (Custody and Handling of Goods) Amendment Regulations, 2020

The Central Board of Indirect Taxes and Customs (CBIC) on August 17, 2020 has issued the Special Warehouse (Custody and Handling of Goods) Amendment Regulations, 2020 to further amend Special Warehouse (Custody and Handling of Goods) Regulations, 2016.  The following amendments are made under the Special Warehouse (Custody and Handling of Goods) Regulations, 2016:  •Continue reading “Special Warehouse (Custody and Handling of Goods) Amendment Regulations, 2020”

West Bengal Labour Department issues directions for all beneficiaries of FAWLOI scheme

The West Bengal Labour Department has issued directions for all beneficiaries of Financial Assistance to the Workers of Locked Out Industries (FAWLOI) scheme. Financial assistance for the period April 2020 to September 2020 for financial year 2020-21 will be provided on the basis of Self-Declaration on a plain paper. Beneficiaries are advised to provide correct information duringContinue reading “West Bengal Labour Department issues directions for all beneficiaries of FAWLOI scheme”

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