Fwd: LSI Analysis : 50 Key Takeaways from Report of the Companies Law Committee

129 views
Skip to first unread message

CS Thirupal Gorige

unread,
Feb 3, 2016, 9:27:49 AM2/3/16
to csmy...@googlegroups.com, damoda...@yahoo.com, haris...@jalindia.co.in, ra...@pralaw.in, ramachandr...@yahoo.co.in, Rupesh...@quippoworld.com, aabccd 12345, AAshish Kumar Jain, Ajay Joseph, Amit, Amit Agarwal, Amit Khera, Amit Kumar, Amresh Tiwari, Amrita Nautiyal, Anand Ramakrishna, Anil Bhayana, Anju prakash, Annie, anupa, Aparna, Ashalatha Bhat, ASHU GUPTA, ASIM HAIDERALI, B. P. MISRA, Babu, Balaji Gupta B, balajint naidu, BINDU GMR, Brindha, Ca G Praveenkumar, Ca Murali Krishna Gottipati, CA RADHAKRISHNA, CA SEKAR, CA Vivek DS, capchakra, Chandra Mohan Reddy, Chandra Sekhar Naidu, Chandrasekhar K, Chetan Mandlia, Chetan T.Mandila, corporate legal1, CS, CS ABHAY GULAWANI, CS AISHWARYA MOHAN GAHRANA, CS AMIT GUPTA, CS AMOGH DIWAN, CS Anil Kumar, CS Anshul Kumar Jain, CS Anuradha Bisani, CS BIMAN DEBNATH, CS D.K. Jain, CS DIPTI MEHTA, CS DIVESH GOYAL, CS EKTA ANAND, Cs Gayatri Bhide, CS Haresh Vala, CS Hari Babu Thota, CS Hari Babu Thota, CS Janet, CS JayaKrishna, Cs JAYASHREE.CO., Cs Jayesh Vithlani, CS JITENDER AHLAWAT, CS KALIDAS VANJPE, CS Kiran Kumar, CS KRISHNARAYAN JOKUTUALA, CS MANISH KUMAR, CS Manoj Bisht, CS MANOJ HURKAT, Cs Mohan Kumar, CS NAGARAJ KUMAR, CS P NARSINGA RAO, CS Pameela, CS Phaniraj, CS PM VALA, CS Pratik Tripathi, CS Ramasamy K, CS Ramnath H Sadekar, CS Ratnamala Hegde, Cs Ravi Shankar, Cs Rengarajan-, CS RICHERD HENDRY, CS ROSHAN RAIKAR, CS S. CHIDAMBARAM, Cs S.JAYALAKSHMI, CS Satyajit Mishra, Cs SATYANARAYANA A., cs Srinivasan, CS SUBRAMANYAM KVS, CS SUDERSHAN P, CS URMIL VED, CS V KARTHIK, Cs Vineet Mundhara, CS VISHAL PATIL, Cs Vishwanath Kolhar, d'Sanjay Grover', Dasari Venkateswarlu, Deepak Jain, dhanapal sreepathy, Dhimant Shah, Dibya Mishra, Dilip h.deokule, Dimple Shah, DR SANJEEV GEMAVAT, DSG&Associates, Dwaraka Asawa, G Bhargavi Reddy, gaikwad...@gmail.com, Ganapathi Rajendran, Geetha shashidhar, George Mathew, giridhar gopal, Girija, Girija N, gmkauditors, Hari Safforn Advisor, Hariprasad Reddy Rajpet, Iswar Shetti, Jagadeeshwara Rao, Mabagapu, Jain Neeraj, jawad siddiqui, JeevanReddy, Jigarkumar Gandhi, K.A.UPADHYAYA, K.CH.venkat Reddy Cs, kameshwari venkata kottapalli, karthick, Karuna Advani, Kashyap, Kavitha, Kiran KUmar M, Kiran T, Kishore Kayarat, Kowsalya gr, KR Vanilakshmi, Krishnakanth G V, krishnamurthy hn, Kuldeep Sharma, Kumarswamy P, Lalitha Kini, Lincoln, Lingam prabhakar, Madam Rashida, Madhusudhan P., Mahesh Kumar Verma, Makarand m.joshi, MALHOTRA ASSOCIATES, Mangala Rohith, Manjunath A, MANJUNATH.R. Hegde, Manohar Reddy P, Manoj Bisht, Marthi Soma Sekhar, Mary MIsha Manuel, Medha Gokhale, MG, Miranda & Co, Mohan p.sonar, mohit kamdar, Monisha Macedo, Mr. Brijesh Mathur, Mukesh Mittal, Murali R, Muralimohan CA, Narayan Desai, Narayana Rangaiah, narendra pcs, Naresh Kumar Chanda, Nataraj K, Naveen Bhavimani, Neha Desai, Nidjelli Anjaneyulu, Nita Agarwal, Noorul Hassan, nygilkuriakose, Padmavathi K, Pallavi Viraj Salunke, Pamod Advocate, Paresh Budhdev, PAVAN KANKANI, Phanibhushan, prabhakar.84, pradeep mittal, Pradeep Uniyal, Prajna Hegde, Prakash Kumbar, prakash p, Pramod Shah, prem, PriyamvadaEmani, Priyanka, PS Shastry Director, psivasankar ca, Puja Agarwal, R B Patil, Rachana Bhat, Radhakrishnasunku Abhaya, Raghavendra bhat, Raghu Bhat, RAJ, Rajeev V Varma, Rajendraprasanth cs bgl, Rama Krishna P, Ramakanth M, Ramana Devulapalli, RAMDEV, GOPAL, Ramesh K, rangaiah, RAO PV, Ravi Kumar Reddy, Rekha Chandra, RISHIKAS VYAS, Ritesh S, Rithesh, Riya Prasad, Roopa Anavekar, Roopendra Prasad, Rupali, s.kalyana Raman, saifulla shariff, Sailaja, Sajive Kanwar, Samir Biswas, SANDEEP KUMAR, Sangita Bastawadi, Sanjay Arora, Sanjeev Mishra, sanna gupta, santhosh kumar, saravanan muthukumarasamy, SESHASAYANAM JANAKIRAMAN, SETIA, SUBHASH, Shakuntala Cs, Sharda, Sheetal Karkera, Shyam Kumar, SHYLENDRAKUMAR RAMACHNDRA, SIDDHARTHA MURARKA, Sindhu K, Sonal Shimpi, Soumya Dafthardar, Sreedhar Raman, Sridharan, srinivas reddy, Srinivasan, Srinivasan K, Subhash VS, Sudhakar S, suhasini B, Sukesh KL, Suneel Kumar, Sunil N Lalai, Sunita Basu, Suresh V, Surinder Singh Chawla, Swati Thakrel, TALAKAD RAMASESHA SASTRY JAIRAM, Tejaswini, varsha shenoy, Vedavathy R Kabadi, Veerraju Jampana, Venkat Reddy Marella, Venkata Ramana Rajavolu, venkata reddy, venki t, VENUGOPALAN VENKITAN, Vikas Agrwal, Vikas Gupta, Vinalee Doshi, Vinod Kumar Agarwal, Vivek Kataria, yogish
Dear Friends,

I am happy to forward very handy 50takeaways on report of proposed amendments to Companies Act 2013 prepared by our friend CS Gaurav Pingle.

Thanks & Regards,
CS. Thirupal Gorige
Practising Company Secretary
No. 87, 2nd Floor,21st Cross,
7th Main, N S. Palya, BTM 2nd Stage,
Bangalore-560076, India
Cell +91 94483 84064
LL +91 80 6532 2360


​---------- Forwarded message ----------
From: LawStreetIndia.com <l...@lawstreetindia.com>
Date: Wed, Feb 3, 2016 at 4:28 PM
Subject: LSI Analysis : 50 Key Takeaways from Report of the Companies Law Committee
To:


Dear Patrons,

​On June 4, 2015, Govt. had constituted 8 members Company Law Committee for giving recommendations on issues pertaining to implementation of Companies Act, 2013. On ​February 1, 2016, the Committee submitted 138-pages detailed Report and suggested 100+ amendments to the Act.

The Report suggests amendment to definition relating to ‘holding company’, ‘subsidiary company’, ‘associate company’, ‘financial year’, ‘related party’ and recommends inclusion of definition for ‘nominee director’. Committee also proposes to ease capital raising requirements, to allow private limited co. and wholly owned subsidiaries of unlisted cos. to convene Annual General Meetings at any place in India. Committee recommends introduction of ‘test of materiality’, for determining whether pecuniary relationships could impact the independence of an individual for becoming an independent director. With respect to CSR provisions, Committee proposes to do away with mandatory requirement of having independent directors in the CSR Committee.

MCA has invited comments from all stakeholders on the Report by February 15, 2016.

Click here to read 50 key takeaways from Companies Law Committee Report.

Best Regards

LSI Team

​​
Hello,

Please find attached - 50 Key Takeaways from Report of the Companies Law Committee.

With Best Regards,
CS Gaurav. N. Pingle.
+91 9975565713.
www.csgauravpingle.com is a repository of articles (authored by me) that have been published in various professional journals, business journals, newsletters / magazines of ICSI, Souvenirs for various regional & national level conclaves / conferences.



50 Key Takeaways from Report of the Companies Law Committee.pdf
Reply all
Reply to author
Forward
0 new messages