Nomination timeline extended The last date for mutual funds investors to specify nominee details has been extended to September 30, 2023. Earlier the deadline was March 31, 2023. Through a circular on March 28, 2023, the Securities and Exchange Board of India (Sebi) said, “Based on representations received from the market participants, it has been …
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The responsibilities of a company secretary in Singapore include: Notifying ACRA on: any changes in the director(s) of a company or particulars relating to the director(s) changes to a director’s name or residential address removal from office in accordance with the Act or constitution disqualification from holding office appointments/resignations/deaths annual returns change of company name adoption, …
Introduction- Compliance Guide in Singapore A Singapore company confers the advantage of limited liability as well as many tax benefits. However, an incorporated company also faces increased regulatory and compliance requirements. This article provides an overview of the main compliance requirements that a company faces under Singapore law. Key Compliances- Secretarial The company must have at …
Important Highlights- Budget 2023 The Union Budget ticks all the expected boxes viz. pump priming the economy with 33% higher CapEx allocation; pushing consumption by encouraging taxpayers to adopt the new tax regime with lower taxes and consume the additional money in hand rather than using savings to lower the tax burden in the …
India’s Digital Personal Data Protection Bill, 2022 The Ministry of Electronics and Information Technology (MeitY) on November 18 released the much-awaited India’s Digital Personal Data Protection (DPDP) Bill, 2022 [PDF copy], the fourth iteration of India’s draft data protection law. A data protection law has been in the works since 2017, when the Supreme Court, in the …
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Introduction Vigil Mechanism provides adequate safeguard against victimization of persons. It is established for directors and employees to report their grievances and concerns. Rule 7 of Companies (Meetings of Board and its Powers) Rules,2014 describes about establishment of Vigil Mechanism for every Listed Company and companies prescribed below: Companies which accept deposits from public. Companies which …
Vigil Mechanism under Section 177 of the Companies Act, 2013 Read More »
Introduction- Brand Logos Generally, logos and designs that are used as brand identities for representing businesses are protected as trademarks. As they are original artistic works that have an element of creativity, they are also protected as copyrights. Trademarks and copyrights are two different forms of intellectual properties and are protected by different laws; and …
Introduction to ESG compliances ESG is an acronym for Environmental, Social, and Governance. It takes the holistic view that sustainability extends beyond just environmental issues. ESG compliances is a discipline that usually requires a combination of detailed regulatory knowledge and traditional risk management skills. To access these skills, ESG personnel may choose to join forces or …
Drone rules in India – General rules for flying drones in India The Indian agency responsible for drone safety, DGCA, has provided a number of internet-accessible details on flying for fun or for work. The laws are quite detailed, and explicit, and should be reviewed before flying a drone in India. The laws are enumerated …
The code on social security, 2020- Important highlights Introduction The Code on Social Security (CoSS), 2020 was introduced by withdrawing the earlier Code of 2019. It has amended and consolidated the laws relating to employee’s social security with the goal to extend social security assistance to all employees & workers either in organized or unorganized sector or …
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Background- Since 2014, the government has put significant emphasis on improving both Ease of Doing Business and Ease of Living. India’s new National Logistics Policy (NLP), a comprehensive effort to address issues of high cost and inefficiency by laying down an overarching interdisciplinary, cross-sectoral and multi-jurisdictional framework for the development of the entire logistics ecosystem, …
Relaxation of time limit for depositing August ESI contribution Introduction- The Employees’ State Insurance Act incorporates a number of sections, these sections provide for medical benefits and insurance for any employees working under factories registered under the ESI Corporation. We are sharing the latest ESIC official notification on Relaxation of time limit for depositing August …
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