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

Oct'2012 Issue, Vol 19

Ar cle of the Month

Investment Opportuni es made more favorable by BSE&NSE for 'SME' Pla orms Leading bourses BSE and NSE launched their SME exchange pla orms to enable small and medium enterprises to raise funds and get listed as public en es. While BSE kick-started its SME pla orm under the brand name of BSE SME Exchange with lis ng of BCB Finance...read more >>

Partner's Speak
"Tough mes never last, but tough people do" The tle of the book by Robert H. Schuller, is so apt for all those corporates and business houses that have been able to sustain themselves in these very prolonged depressed economic markets... read more >>

Updates & Amendments

A. MINISTRY OF CORPORATE AFFAIRS (MCA) Filling Of Balance Sheet and prot and loss Account by Companies in Non-XBRL for the accoun ng year commencing on or a er 01.04.2011 Filing of form 23B by statutory auditor for the accoun ng year 2012-13 Companies (Central Government's) General Rules and Forms (Sixth Amendment) Rules, 2012 Condi on to be imposed for conversion of ordinary Society into Producer Company, Part IX A of the Companies Act, 1956 Filing of Balance sheet and Prot and Loss Account by Companies in Non-XBRL for accoun ng year commencing on or a er 01-042011 Cons tu on of a Commi ee for Reforming the Regulatory Environment for doing Business in India Delega on of powers to Regional Directors u/s 17, 18, 19, 141 and 188 of the Companies Act, 1956 MCA vide its no ca on B. SECURITIES AND EXCHANGE BOARD OF INDIA (SEBI) Addendum to Circular No. CIR/MRD/DP/21/2012 dated August 2, 2012 C. RESERVE BANK OF INDIA (RBI) Foreign Direct Investment (FDI) in India Allotment of Shares to person resident outside India under Memorandum of Associa on (MoA) of an Indian company Foreign investment in SingleBrand Product Retail Trading/ Mul -Brand Retail Trading / Civil Avia on Sector / Broadcas ng Sector / Power Exchanges Establishment of Liaison Oce (LO) / Branch Oce (BO) / Project Oce (PO) in India by

Compliance Calendar
>> Compliances for the month of Oct 2012 >> Compliance Calendar as per Lis ng Agreement for the quarter & half year ended on 30th September, 2012

Case Laws
1. Relevant Act : Industrial Disputes Act, 1947 Decided Case Law : Mohit Electronics & Workman Tahir Hussan (Del) Facts of the Case : The Labour Court directed the management...read more >> 2. Relevant Act : Companies Act, 1956. Decided Case Law : Haryana Telecom Ltd Vs Sterlite Industries (India) Ltd. Case Decided by : Supreme Court Clarica on : The Arbitrator can refer the ma ers rela ng to disputes for which he is empowered to decide... read more >>

Legal Jargons
"Word: Peremptory" Meaning: Peremptory is a La n word which means pu ng an end to all debate or ac on. Example: The ocer issued peremptory commands Pronuncia on: per+emp+to+ry... read more >>

Lets Analyse
The inten on behind including this new corner in our news le er is keeping in view our professional colleagues and also other stakeholders who work on
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Foreign En es Clarica on Overseas Direct Investments by Indian Party Ra onalisa on Trade Credits for Import into India External Commercial Borrowings (ECB) Policy Bridge Finance for infrastructure sector External Commercial Borrowings (ECB) Policy Repayment of Rupee loans and/or fresh Rupee capital expenditure USD 10 billion scheme Overseas Investment by Indian Par es in Pakistan Foreign Direct Investment by ci zen / en ty incorporated in Pakistan Issue of Indian Depository Receipts (IDRs) Limited two way fungibilty

also other stakeholders who work on company law...read more >>

Demys fy Law
The Socie es Registra on Act, 1860 ('Act') provided for the registra on of literary, scien c and charitable socie es. The object of this Act, as enunciated in its preamble, was to make provisions for improving the legal condi ons of socie es established for the promo on of literature science or the ne art... read more >>

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