Now Insolvency Resolution Professionals also mandatorily need MCA 21 filings

The Ministry of Corporate Affairs (MCA) issued a Circular on February 17, 2020, mandating the Insolvency professionals who are also called Interim Resolution Professional (IRP) or Resolution Professionals (RP) or Liquidators, appointed under Insolvency Bankruptcy Code 2016 to fill the forms in the Registry (MCA-21).This is in continuation to the representations received by the ministry from…

Unique Document Identification Number (UDIN) – a new attempt by ICSI to increase the quality of the profession of CS

  The Institute of Company Secretaries of India (ICSI) has initiated  a Unique Document Identification Number (UDIN) system in an attempted to have an increased sense of self-governance and strengthen the future practising side of company secretaries. at present the Practicing Company Secretaries are keeping registers with details of the attestation and and certifications they…

Interpretations of statutes -CS Executive

The term interpretation means “To give meaning to”. Governmental power has been divided into three wings namely the legislature, the executive and the judiciary. Interpretation of statues to render justice is the  primary   function   of  the  judiciary.   It  is   the   duty  of   the   Court  to interpret the Act and give meaning to each word of the Statute. The  most   common   rule  of   interpretation  …

ESTABLISHMENT OF BRANCH/LIAISON/PROJECT OFFICE OR ANY PLACE OF BUSINESS IN INDIA BY FOREIGN ENTITIES

  Post liberalisation, India is growing as a big market for businesses across the globe. As the growth pace has increased, enthusiasm from foreign entities to have business operations in India also grown. India have a unique advantage of largest young human resource in the word with one of the fastest growing market. There are…

SEBI fine NSE in Co-location case and bars from accessing securities market.

One of the rare of the rarest cases, Securities Exchange Board of India fined National Stock Exchange, the largest stock exchange in India, with Rs. 1100 crores and also barring the bourse from accessing securities market for 6 months. It was in 2010, National Stock Exchange (NSE) had started a facility to allow its brokers…