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Adverse action including Cancellation of Registration for not taking prior RBI approval on Acquisition/Transfer of Control of NBFCs [RBI Circular of 26-05-2014].
Urban Co-operative banks not to levy pre-payment penalty on floating rate term loans to individual borrowers.
Satisfaction note necessary for initiating Section 153C of the Income Tax Act [CIT vs. Gopi Apartment (Allahabad High Court)].
All Companies to have Financial Year April - March. Existing Companies to comply from 2016-2017. Holding/ Subsidiary of foreign company can apply for exemption. [Section 2(41) Companies Act, 2013].
Extension of validity of names reserved for incorporation of companies as on 31-03-2014 till 07-06-2014 [MCA general Circular 13 of 23-05-2014].
Urban Co-operative banks not to levy pre-payment penalty on floating rate term loans to individual borrowers.
Satisfaction note necessary for initiating Section 153C of the Income Tax Act [CIT vs. Gopi Apartment (Allahabad High Court)].
All Companies to have Financial Year April - March. Existing Companies to comply from 2016-2017. Holding/ Subsidiary of foreign company can apply for exemption. [Section 2(41) Companies Act, 2013].
Extension of validity of names reserved for incorporation of companies as on 31-03-2014 till 07-06-2014 [MCA general Circular 13 of 23-05-2014].