March 27, 2024

Arbitrator

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When legal disputes occur, the parties involved sometimes use a third party to settle the issue without going to court. Arbitrators are legal professionals who help two or more people resolve a dispute outside of a judiciary court by holding private, confidential meetings. If you possess excellent decision-making and communication skills and you have an interest in a legal career, it may be beneficial for you to learn how to become an arbitrator. What Is Arbitration? Arbitration is a mechanism for resolving disputes between investors and brokers, or between brokers. It is overseen by the Financial Industry Regulatory Authority (FINRA), and the decisions are final and binding. Arbitration is distinct from mediation, in which parties negotiate to reach a voluntary settlement, and decisions are not binding unless all parties agree to them. Arbitration is not the same as filing an investor complaint, in which an investor alleges wrongdoing on the part of a broker, but has no specific dispute with that broker, for which the investor seeks damages How Arbitration Works arbitration is similar to a lawsuit but may be preferable for all parties due to the lower costs and time commitments involved. How to become an arbitrator 1. Review your state’s requirements- States have different requirements to become an arbitrator, so it’s beneficial to research the specific educational or experience requirements to become one in your state. For example, some states require arbitrators to have experience working as attorneys for a certain number of years, while others may only require arbitrators to possess a bachelor’s degree. Determining what your state requires can help you become better prepared to practice arbitration.  2. Earn an undergraduate degree- The minimum education requirement to become an arbitrator is typically a bachelor’s degree from a four-year institution. Some arbitrators have a bachelor’s degree in law, while others have degrees in another field, such as business, English, history, political science, public policy or social work. While pursuing your bachelor’s degree, consider taking courses that can help prepare you for an arbitrator career, such as consumer law, ethics, psychology or public speaking.In addition, consider participating in extracurricular activities while in college. These can help you gain some of the skills that are necessary to be a successful arbitrator, which you can list on your resume when applying for entry-level arbitration positions. Extracurricular activities relevant to arbitration may include debate clubs or leadership positions in student organizations. You may also want to consider learning another language if you plan to specialize in international arbitration. Skills for arbitrators Arbitrators need both hard and soft skills to negotiate with different parties and make unbiased decisions. Hard skills consist of the technical legal knowledge that informs their decisions, while soft skills may include all the personal characteristics that help them resolve disputes effectively. Common arbitrator skills may include the following: Communication: It’s important for arbitrators to explain laws and legal issues clearly and in terms that both parties involved in a dispute can understand. Communication skills also enable them to convey important information in writing in case a dispute ends up going to court. Listening: These legal professionals need strong active listening skills they can apply when meeting with clients so they can understand each side of the case. These skills can help them process all the relevant facts and make informed judgments. Decision-making: Arbitrators use facts, evidence, laws and regulations to make neutral decisions quickly and fairly. Decision-making skills help them in ensuring that both sides are able to agree on a constructive solution. Interpersonal skills: Since arbitrators work with a wide range of clients and professionals, it’s important that they be approachable and respectful and get along with people easily. Interpersonal skills also help them in building trust with new clients.  Legal writing: These professionals need strong legal writing abilities so they can create a clear and accurate settlement and decision documents. Legal writing skills include the ability to analyze facts quickly and present written arguments concisely.  Negotiation: Successful arbitrators have the critical thinking skills and patience to negotiate fair settlements between potentially emotional parties. They also use these skills to strategize effective solutions and reduce misunderstandings between parties. Conflict resolution: Arbitrators require exceptional conflict resolution skills to resolve the legal disputes they regularly handle. They use these skills to clarify their clients’ arguments and establish mutually beneficial agreements.  FAQs What is an arbitrator? An arbitrator is a neutral third party appointed to resolve disputes between two or more parties outside of the court system. They act as judges in arbitration proceedings, hearing evidence and arguments from both sides and making a binding decision, known as an arbitration award. What qualifications do arbitrators have? Arbitrators typically have legal or industry-specific expertise relevant to the disputes they handle. They may be lawyers, retired judges, industry professionals, or individuals with specialized knowledge in areas such as construction, finance, or international trade. Many arbitration institutions have specific requirements for arbitrator qualifications and experience. How is an arbitrator different from a mediator? While both arbitrators and mediators help parties resolve disputes, they have different roles and processes. Arbitrators make binding decisions that are enforceable in court, whereas mediators facilitate negotiations between parties and help them reach a mutually acceptable agreement without imposing a decision. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual Compliance | Income Tax Audit | Nidhi Company Registration| LLP Registration | Accounting in India | NGO Registration | NGO Audit | ESG | BRSR | Private Security Agency | Udyam Registration | Trademark Registration | Copyright Registration | Patent Registration | Import Export Code | Forensic Accounting and Fraud Detection | Section 8 Company | Foreign Company | 80G and 12A Certificate | FCRA Registration |DGGI Cases | Scrutiny Cases | Income Escapement Cases | Search & Seizure | CIT Appeal | ITAT Appeal | Auditors | Internal Audit | Financial Audit | Process Audit | IEC Code |

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The Companies (Registered Valuers and Valuation) Fourth Amendment Rules, 2018

Companies Act 2013 / /

MINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 13th November, 2018 G.S.R.1108(E).—In exercise of the powers conferred by section 247 read with section 469 of the CompaniesAct, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies(Registered Valuers and Valuation) Rules, 2017, namely:-1. (1) These rules may be called the Companies (Registered Valuers and Valuation) Fourth Amendment Rules, 2018.(2) They shall come into force on the date of their publication in the Official Gazette.2. In the Companies (Registered Valuers and Valuation) Rules, 2017 (hereinafter referred to as “the said rules”), inrule 1,─(a) for the marginal heading, the following marginal heading shall be substituted, namely:-“Short title, commencement and application”;(b) after sub-rule (2), the following sub-rule shall be inserted, namely:-“(3) These rules shall apply for valuation in respect of any property, stocks, shares, debentures, securities orgoodwill or any other assets or net worth of a company or its liabilities under the provision of the Act or theserules.Explanation.- It is hereby clarified that conduct of valuation under any other law other than the Act or these rulesby any person shall not be affected by virtue of coming into effect of these rules.”.3. In the said rules, in rule 3, in sub-rule (2), –(a) in clause (a), the word “not” shall be omitted;(b) in clause (c), after the brackets and letter “(e)”, the brackets and letter “(f),” shall be inserted.4. In the said rules, in rule 4,-(a) in clause (c), the words, brackets and letters “and having qualification mentioned at clause (a) or (b)” shall be omitted;(b) in Explanation II, the words “and examination or training” shall be omitted;(c) after Explanation II, the following Explanation shall be inserted, namely :-“Explanation III.─ For the purposes of this rule and Annexure IV, ‘equivalent’ shall mean professional andtechnical qualifications which are recognised by the Ministry of Human Resources and Development asequivalent to professional and technical degree.”.5. In the said rules, in rule 10, the words “and he may conduct valuationas per these rules if required under any other law or by any other regulatoryauthority” shall be omitted.6. In the said rules, in rule 11, the Explanation shall be omitted.7. In the said rules, in rule 12, in sub-rule(1), in clause (ii), for the words “a professional institute”, the words “it is aprofessional institute” shall be substituted. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual Compliance | Income Tax Audit | Nidhi Company Registration| LLP Registration | Accounting in India | NGO Registration | NGO Audit | ESG | BRSR | Private Security Agency | Udyam Registration | Trademark Registration | Copyright Registration | Patent Registration | Import Export Code | Forensic Accounting and Fraud Detection | Section 8 Company | Foreign Company | 80G and 12A Certificate | FCRA Registration |DGGI Cases | Scrutiny Cases | Income Escapement Cases | Search & Seizure | CIT Appeal | ITAT Appeal | Auditors | Internal Audit | Financial Audit | Process Audit | IEC Code | CA Certification | Income Tax Penalty Notice u/s 271(1)(c) | Income Tax Notice u/s 142(1) | Income Tax Notice u/s 144 |Income Tax Notice u/s 148 | Income Tax Demand Notice | Psara License | FCRA Online Company Registration Services in major cities of India Company Registration in Jaipur | Company Registration in Delhi | Company Registration in Pune | Company Registration in Hyderabad | Company Registration in Bangalore | Company Registration in Chennai | Company Registration in Kolkata | Company Registration in Mumbai | Company Registration in India | Company Registration in Gurgaon | Company Registration in Noida | Company Registration in lucknow Complete CA Services CA in Delhi | CA in Gurgaon | CA in Noida | CA in Jaipur | CA Firm in India RERA Services RERA Rajasthan | RERA Haryana | RERA Delhi | UP RERA Most read resources tnreginet |rajssp | jharsewa | picme | pmkisan | webland | bonafide certificate | rent agreement format | tax audit applicability | 7/12 online maharasthra | kerala psc registration | antyodaya saral portal | appointment letter format | 115bac | section 41 of income tax act | GST Search Taxpayer | 194h | section 185 of companies act 2013 | caro 2020 | Challan 280 | itr intimation password |  internal audit applicability |  preliminiary expenses |  mAadhar |  e shram card |  194r |  ec tamilnadu |  194a of income tax act |  80ddb |  aaple sarkar portal |  epf activation |  scrap business |  brsr |  section 135 of companies act 2013 |  depreciation on computer |  section 186 of companies act 2013 | 80ttb | section 115bab | section 115ba | section 148 of income tax act | 80dd | 44ae of Income tax act | west bengal land registration | 194o of income tax act | 270a of income tax act | 80ccc | traces portal | 92e of income tax act | 142(1) of Income Tax Act | 80c of Income Tax Act | Directorate general of GST Intelligence | form 16 | section 164 of companies act | section 194a | section 138 of companies act 2013 | section 133 of companies act 2013 | rtps | patta chitta

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The National Financial Reporting Authority Rules, 2018.

Companies Act 2013 / /

MINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 13th November, 2018 G.S.R. 1111(E).—In exercise of the powers conferred under sub-sections (2) and (4) of section 132, sub-section (1) of section139 and sub-section (1) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the followingrules, namely :-1. Short Title and Commencement.─ (1) These rules may be called the National Financial Reporting Authority Rules, 2018.(2) They shall come into force on the date of their publication in the Official Gazette.2. Definitions.─ (1) In these rules, unless the context otherwise requires,─(a) “accounting standards” means the ‘accounting standards’ as defined in clause (2) of section 2 of the Act;(b) “Act” means the Companies Act, 2013 (18 of 2013);(c) “auditing standards” means the ‘auditing standards’ as defined in clause (7) of section 2 of the Act;(d) “auditor” means an individual or a firm including a limited liability partnership incorporated under the Limited LiabilityPartnership Act, 2008 (6 of 2009) or any other Act for the time being in force, who has been appointed as an auditor of acompany or a body corporate under section 139 of the Act or under any other Act for the time being in force;(e) “Authority” means the National Financial Reporting Authority constituted under sub-section (1) of section 132 of the Act;(f) “chairperson” means the chairperson of the Authority;(g) “Division” means a division established by the Authority for the purpose of organising and carrying out its functions andduties;(h) “Form” means the Form annexed to these Rules;(i) “full-time member” means a member who has been appointed as such under sub-section (3) of section 132 of the Act;(j) “part-time member” means a member of the Authority other than a full-time member.(2) Words and expressions used and not defined in these rules but defined in the Act shall have the same meaningsrespectively assigned to them in the Act.3. Classes of companies and bodies corporate governed by the Authority.─ (1) The Authority shall have power to monitorand enforce compliance with accounting standards and auditing standards, oversee the quality of service under sub-section (2) ofsection 132 or undertake investigation under sub-section (4) of such section of the auditors of the following class of companiesand bodies corporate, namely:-(a) companies whose securities are listed on any stock exchange in India or outside India;(b) unlisted public companies having paid-up capital of not less than rupees five hundred crores or having annual turnover of notless than rupees one thousand crores or having, in aggregate, outstanding loans, debentures and deposits of not less thanrupees five hundred crores as on the 31st March of immediately preceding financial year;(c) insurance companies, banking companies, companies engaged in the generation or supply of electricity, companies governedby any special Act for the time being in force or bodies corporate incorporated by an Act in accordance with clauses (b), (c),(d), (e) and (f) of sub-section (4) of section 1 of the Act;(d) any body corporate or company or person, or any class of bodies corporate or companies or persons, on a reference made tothe Authority by the Central Government in public interest; and(e) a body corporate incorporated or registered outside India, which is a subsidiary or associate company of any company orbody corporate incorporated or registered in India as referred to in clauses (a) to (d), if the income or networth of suchsubsidiary or associate company exceeds twenty per cent. of the consolidated income or consolidated networth of suchcompany or the body corporate, as the case may be, referred to in clauses (a) to (d).(2) Every existing body corporate other than a company governed by these rules, shall inform the Authority within thirty daysof the commencement of these rules, in Form NFRA-1, the particulars of the auditor as on the date of commencement of theserules.(3) Every body corporate, other than a company as defined in clause (20) of section 2, formed in India and governed under thisrule shall, within fifteen days of appointment of an auditor under sub-section (1) of section 139, inform the Authority in Form12 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]NFRA-1, the particulars of the auditor appointed by such body corporate:Provided that a body corporate governed under clause (e) of sub-rule (1) shall provide details of appointment of its auditor inForm NFRA-1.(4) A company or a body corporate other than a company governed under this rule shall continue to be governed by the Authorityfor a period of three years after it ceases to be listed or its paid-up capital or turnover or aggregate of loans, debentures anddeposits falls below the limit stated therein.4. Functions and duties of the Authority.─ (1) The Authority shall protect the public interest and the interests of investors,creditors and others associated with the companies or bodies corporate governed under rule 3 by establishing high qualitystandards of accounting and auditing and exercising effective oversight of accounting functions performed by the companies andbodies corporate and auditing functions performed by auditors.(2) In particular, and without prejudice to the generality of the foregoing, the Authority shall:─(a) maintain details of particulars of auditors appointed in the companies and bodies corporate specified in rule 3;(b) recommend accounting standards and auditing standards for approval by the Central Government;(c) monitor and enforce compliance with accounting standards and auditing standards;(d) oversee the quality of service of the professions associated with ensuring compliance with such standards and suggestmeasures for improvement in the quality of service;(e) promote awareness in relation to the compliance of accounting standards and auditing standards;(f) co-operate with national and international organisations of independent audit regulators in establishing and overseeingadherence to accounting standards and auditing standards; and(g) perform such other functions and duties as may be necessary or incidental to the aforesaid functions and duties.(3) The Central Government may, by notification, and subject to such conditions, limitations and restrictions as may bespecified therein delegate any of its powers or functions under the Act, other than the power to make rules, to the Authority.5. Annual return. Every auditor referred to in rule 3 shall file a return with the Authority on or

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The Companies (cost records and audit) Amendment Rules, 2018

Companies Act 2013 / /

MINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 3rd December, 2018   G.S.R. 1157(E).— In exercise of the powers conferred by sub-sections (1) and (2) of section 469 and section148 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further toamend the Companies (cost records and audit) Rules, 2014, namely:-1. (1) These rules may be called the Companies (cost records and audit) Amendment Rules, 2018.(2) They shall come into force on the date of their publication in the official Gazette.2. In the Companies (cost records and audit) Rules, 2014 (hereinafter referred to as the Principal Rules), in rule 3,in TABLE, under the heading (B) Non-regulated Sectors,-(i) against Sl. No. 7 for the words “services rendered by a Port in relation to a vessel or goods regulated by theTariff Authority for Major Ports” the words, figures and brackets “services rendered for a Port in relation to avessel or goods regulated by the Tariff Authority for Major Ports under the Major Port Trusts Act, 1963 (38 of1963)”, shall be substituted;(ii) against Sl. No. 8 for the words ‘by airports’ the words ‘at the airports’ shall be substituted;(iii) against Sl. No. 13, after the entry ‘8608’, the entry ‘8609’ shall be inserted;(iv) against Sl. No. 19, after the entry ‘5303’, the entry ‘5307’ shall be inserted;(v) against Sl. No. 28, for the words ‘Paper’, the words ‘Pulp and Paper’ shall be substituted and before the entry‘4801 to 4802’ the entry ‘4701 to 4704’ shall be inserted ;(vi) against Sl. No. 29, after the entry ‘5303’, the entry ‘5307’ shall be inserted;¹Hkkx IIµ[k.M 3(i)º Hkkjr dk jkti=k % vlk/kj.k 3(vii) against Sl. No. 33, in point no. (xiii), for the word ‘deflobillator’ the word ‘defibrillators’ shall be substituted;3. in rule 6, in sub-rule (6), the following proviso shall be inserted, namely:-“Provided that the Companies which have got extension of time of holding Annual General Meeting undersection 96 (1) of the Companies Act, 2013, may file form CRA-4 within resultant extended period of filingfinancial statements under section 137 of the Companies Act, 2013.”.4. In the principal rules, in Annexure,-(i) in Form CRA-1, paragraph number 31 shall be inserted, namely:-“31. Unit of Measurement (UOM).The Unit of Measurement (UOM) for each Customs Tariff Act Heading, wherever applicable, shall be the sameas provided for in the Customs Tariff Act, 1975 (51 of 1975) corresponding to that particular Customs TariffAct Heading.”;(ii) in form CRA-3, in Note, Note (3) shall be added, namely:-“Note. (3) The Unit of Measurement (UOM) for each Customs Tariff Act Heading, wherever applicable, shallbe the same as provided for in the Customs Tariff Act, 1975 (51 of 1975) corresponding to thatparticular Customs Tariff Act Heading.” [F.No. 1/40/2013-CL-V Part 1]K.V.R. MURTY, Jt. Secy. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual Compliance | Income Tax Audit | Nidhi Company Registration| LLP Registration | Accounting in India | NGO Registration | NGO Audit | ESG | BRSR | Private Security Agency | Udyam Registration | Trademark Registration | Copyright Registration | Patent Registration | Import Export Code | Forensic Accounting and Fraud Detection | Section 8 Company | Foreign Company | 80G and 12A Certificate | FCRA Registration |DGGI Cases | Scrutiny Cases | Income Escapement Cases | Search & Seizure | CIT Appeal | ITAT Appeal | Auditors | Internal Audit | Financial Audit | Process Audit | IEC Code | CA Certification | Income Tax Penalty Notice u/s 271(1)(c) | Income Tax Notice u/s 142(1) | Income Tax Notice u/s 144 |Income Tax Notice u/s 148 | Income Tax Demand Notice | Psara License | FCRA Online Company Registration Services in major cities of India Company Registration in Jaipur | Company Registration in Delhi | Company Registration in Pune | Company Registration in Hyderabad | Company Registration in Bangalore | Company Registration in Chennai | Company Registration in Kolkata | Company Registration in Mumbai | Company Registration in India | Company Registration in Gurgaon | Company Registration in Noida | Company Registration in lucknow Complete CA Services CA in Delhi | CA in Gurgaon | CA in Noida | CA in Jaipur | CA Firm in India RERA Services RERA Rajasthan | RERA Haryana | RERA Delhi | UP RERA Most read resources tnreginet |rajssp | jharsewa | picme | pmkisan | webland | bonafide certificate | rent agreement format | tax audit applicability | 7/12 online maharasthra | kerala psc registration | antyodaya saral portal | appointment letter format | 115bac | section 41 of income tax act | GST Search Taxpayer | 194h | section 185 of companies act 2013 | caro 2020 | Challan 280 | itr intimation password |  internal audit applicability |  preliminiary expenses |  mAadhar |  e shram card |  194r |  ec tamilnadu |  194a of income tax act |  80ddb |  aaple sarkar portal |  epf activation |  scrap business |  brsr |  section 135 of companies act 2013 |  depreciation on computer |  section 186 of companies act 2013 | 80ttb | section 115bab | section 115ba | section 148 of income tax act | 80dd | 44ae of Income tax act | west bengal land registration | 194o of income tax act | 270a of income tax act | 80ccc | traces portal | 92e of income tax act | 142(1) of Income Tax Act | 80c of Income Tax Act | Directorate general of GST Intelligence | form 16 | section 164 of companies act | section 194a | section 138 of companies act 2013 | section 133 of companies act 2013 | rtps | patta chitta

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Delegates Power to the Regional Directors

Companies Act 2013 / /

MINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 18th December, 201 S.O. 6225 (E).—In exercise of the powers conferred by section 458 of the Companies Act, 2013 (18 of 2013),the Central Government hereby delegates to the Regional Directors at Mumbai, Kolkata, Chennai, New Delhi,Ahmedabad, Hyderabad and Shillong, the powers and functions vested in it under the first proviso to clause (41) ofsection 2 and second proviso to sub-section (1) of section 14 of the said Act, subject to the condition that the CentralGovernment may revoke such delegation of powers or may itself exercise the powers under the said sub-section, if in itsopinion such a course of action is necessary in the public interest.2. This notification shall come into force with effect from the date of its publication in the Official Gazette. [F. No. 1/06/2014-CL-V, Part-I]K. V. R. MURTY, Jt. Secy. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual Compliance | Income Tax Audit | Nidhi Company Registration| LLP Registration | Accounting in India | NGO Registration | NGO Audit | ESG | BRSR | Private Security Agency | Udyam Registration | Trademark Registration | Copyright Registration | Patent Registration | Import Export Code | Forensic Accounting and Fraud Detection | Section 8 Company | Foreign Company | 80G and 12A Certificate | FCRA Registration |DGGI Cases | Scrutiny Cases | Income Escapement Cases | Search & Seizure | CIT Appeal | ITAT Appeal | Auditors | Internal Audit | Financial Audit | Process Audit | IEC Code | CA Certification | Income Tax Penalty Notice u/s 271(1)(c) | Income Tax Notice u/s 142(1) | Income Tax Notice u/s 144 |Income Tax Notice u/s 148 | Income Tax Demand Notice | Psara License | FCRA Online Company Registration Services in major cities of India Company Registration in Jaipur | Company Registration in Delhi | Company Registration in Pune | Company Registration in Hyderabad | Company Registration in Bangalore | Company Registration in Chennai | Company Registration in Kolkata | Company Registration in Mumbai | Company Registration in India | Company Registration in Gurgaon | Company Registration in Noida | Company Registration in lucknow Complete CA Services CA in Delhi | CA in Gurgaon | CA in Noida | CA in Jaipur | CA Firm in India RERA Services RERA Rajasthan | RERA Haryana | RERA Delhi | UP RERA Most read resources tnreginet |rajssp | jharsewa | picme | pmkisan | webland | bonafide certificate | rent agreement format | tax audit applicability | 7/12 online maharasthra | kerala psc registration | antyodaya saral portal | appointment letter format | 115bac | section 41 of income tax act | GST Search Taxpayer | 194h | section 185 of companies act 2013 | caro 2020 | Challan 280 | itr intimation password |  internal audit applicability |  preliminiary expenses |  mAadhar |  e shram card |  194r |  ec tamilnadu |  194a of income tax act |  80ddb |  aaple sarkar portal |  epf activation |  scrap business |  brsr |  section 135 of companies act 2013 |  depreciation on computer |  section 186 of companies act 2013 | 80ttb | section 115bab | section 115ba | section 148 of income tax act | 80dd | 44ae of Income tax act | west bengal land registration | 194o of income tax act | 270a of income tax act | 80ccc | traces portal | 92e of income tax act | 142(1) of Income Tax Act | 80c of Income Tax Act | Directorate general of GST Intelligence | form 16 | section 164 of companies act | section 194a | section 138 of companies act 2013 | section 133 of companies act 2013 | rtps | patta chitta

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The Companies (Registration of Charges)Second Amendment Rules. 2018

Companies Act 2013 / /

Government of IndiaMINISTRY OF CORPORATE AFFAIRSNotificationNew Delhi, L8.12.2018 G.S.R. ……(E).-In exercise of the powers conferred by sub-sections (1) and(2) of section 469 of the Companies Act, 2013 (18 of 2013), the CentralGovernment hereby makes the following rules further to amend theCompanies (Registration of Charges) Rules, 2014, namely:-1. (1) These rules may be called the Companies (Registration of Charges)Second Amendment Rules. 2018.(2) They shall come into force from the date of their publication in the officialGazette. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual Compliance | Income Tax Audit | Nidhi Company Registration| LLP Registration | Accounting in India | NGO Registration | NGO Audit | ESG | BRSR | Private Security Agency | Udyam Registration | Trademark Registration | Copyright Registration | Patent Registration | Import Export Code | Forensic Accounting and Fraud Detection | Section 8 Company | Foreign Company | 80G and 12A Certificate | FCRA Registration |DGGI Cases | Scrutiny Cases | Income Escapement Cases | Search & Seizure | CIT Appeal | ITAT Appeal | Auditors | Internal Audit | Financial Audit | Process Audit | IEC Code | CA Certification | Income Tax Penalty Notice u/s 271(1)(c) | Income Tax Notice u/s 142(1) | Income Tax Notice u/s 144 |Income Tax Notice u/s 148 | Income Tax Demand Notice | Psara License | FCRA Online Company Registration Services in major cities of India Company Registration in Jaipur | Company Registration in Delhi | Company Registration in Pune | Company Registration in Hyderabad | Company Registration in Bangalore | Company Registration in Chennai | Company Registration in Kolkata | Company Registration in Mumbai | Company Registration in India | Company Registration in Gurgaon | Company Registration in Noida | Company Registration in lucknow Complete CA Services CA in Delhi | CA in Gurgaon | CA in Noida | CA in Jaipur | CA Firm in India RERA Services RERA Rajasthan | RERA Haryana | RERA Delhi | UP RERA Most read resources tnreginet |rajssp | jharsewa | picme | pmkisan | webland | bonafide certificate | rent agreement format | tax audit applicability | 7/12 online maharasthra | kerala psc registration | antyodaya saral portal | appointment letter format | 115bac | section 41 of income tax act | GST Search Taxpayer | 194h | section 185 of companies act 2013 | caro 2020 | Challan 280 | itr intimation password |  internal audit applicability |  preliminiary expenses |  mAadhar |  e shram card |  194r |  ec tamilnadu |  194a of income tax act |  80ddb |  aaple sarkar portal |  epf activation |  scrap business |  brsr |  section 135 of companies act 2013 |  depreciation on computer |  section 186 of companies act 2013 | 80ttb | section 115bab | section 115ba | section 148 of income tax act | 80dd | 44ae of Income tax act | west bengal land registration | 194o of income tax act | 270a of income tax act | 80ccc | traces portal | 92e of income tax act | 142(1) of Income Tax Act | 80c of Income Tax Act | Directorate general of GST Intelligence | form 16 | section 164 of companies act | section 194a | section 138 of companies act 2013 | section 133 of companies act 2013 | rtps | patta chitta

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The Companies (Incorporation)Fourth Amendment Rules, 2018

Companies Act 2013 / /

MINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 18th December, 2018 G.S.R. 1219(E).—In exercise of the powers conferred by clause (41) of section 2, section 3, sub-section (1) ofsection 7, section 10A, section 14 and sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013),the Central Government hereby makes the following rules further to amend the Companies (Incorporation) Rules, 2014,namely: –1. (1) These rules may be called the Companies (Incorporation)Fourth Amendment Rules, 2018.(2) They shall come into force on the date of their publication in the official Gazette.2. In the Companies (Incorporation) Rules, 2014 (hereinafter referred to as the said rules), after rule 23, the followingrule shall be inserted, namely:-“23A. Declaration at the time of commencement of business.-The declaration under section 10A by a director shall bein Form No.INC-20A and shall be filed as provided in the Companies (Registration Offices and Fees) Rules, 2014 and¹Hkkx IIµ[k.M 3(i)º Hkkjr dk jkti=k % vlk/kj.k 13the contents of the said form shall be verified by a Company Secretary or a Chartered Accountant or a Cost Accountant,in practice:Provided that in the case of a company pursuing objects requiring registration or approval from any sectoral regulatorssuch as the Reserve Bank of India, Securities and Exchange Board of India, etc., the registration or approval, as the casemay be from such regulator shall also be obtained and attached with the declaration.”.3. In the said rules, after rule 39, the following rules shall be inserted, namely:-“40.Application under sub-section (41) of section 2 for change in financial year(1) The application for approval of concerned Regional Director under sub-section (41) of section 2 , shall be filed ine-Form No.RD-1along with the fee as provided in the Companies (Registration Offices and Fees) Rules, 2014 andshall be accompanied by the following documents, namely:-(a) grounds and reasons for the application;(b) a copy of the minutes of the board meeting at which the resolution authorising such change was passed, giving detailsof the number of votes cast in favour and or against the resolution;(c) Power of Attorney or Memorandum of Appearance, as the case may be;(d) details of any previous application made within last five years for change in financial year and outcome thereof alongwith copy of order.(2) Where the Regional Director on examining the application, referred to in sub-rule (1), finds it necessary to call forfurther information or finds such application to be defective or incomplete in any respect, he shall give intimation ofsuch information called for or defects or incompleteness, on the last intimated e-mail address of the person or thecompany, which has filed such application, directing the person or the company to furnish such information, or to rectifydefects or incompleteness and to re-submit such application within a period of fifteen days, in e-Form No. RD-GNL-5.Provided that a maximum of two re-submissions shall be allowed.(3) (a) In case where such further information called for has not been provided or the defects or incompleteness has notbeen rectified to the satisfaction of the Regional Director within the period allowed under sub-rule (2), the RegionalDirector shall reject the application with reasons within thirty days from the date of filing application or within thirtydays from the date of last re-submission made as the case may be.(b) In case where the application is found to be in order, Regional Director shall allow and convey the order within thirtydays from the date of application or within thirty days from the date of last re-submission, as the case may be.(c) where no order for approval or re-submission or rejection has been explicitly made by the Regional Director withinthe stipulated time of thirty days, it shall be deemed that the application stands approved and an approval order shall beautomatically issued to the applicant.(4) The order conveyed by the Regional Director shall be filed by the company with the Registrar in Form No.INC-28within thirty days from the date of receipt of the order along with fee as provided in the Companies (Registration Officesand Fees) Rules, 2014.41. Application under section 14 for conversion of public company into private company. (1) An application underthe second proviso to sub-section (1) of section 14 for the conversion of a public company into a private company, shall,within sixty days from the date of passing of special resolution, be filed with Regional Director in e-Form No. RD-1along with the fee as provided in the Companies (Registration Offices and Fees) Rules, 2014 and shall be accompaniedby the following documents, namely:-(a) a draft copy of Memorandum of Association and Articles of Association , with proposed alterations including thealterations pursuant to sub-section (68) of section 2;14 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)](b) a copy of the minutes of the general meeting at which the special resolution authorising such alteration was passedtogether with details of votes cast in favour and or against with names of dissenters;(c) a copy of Board resolution or Power of Attorney dated not earlier than thirty days, as the case may be, authorising tofile application for such conversion;(d) declaration by a key managerial personnel that pursuant to the provisions of sub-section (68) of section 2, thecompany limits the number of its members to two hundred and also stating that no deposit has been accepted by thecompany in violation of the Act and rules made thereunder;(e) declaration by a key managerial personnel that there has been no non-compliance of sections 73 to 76A, 177, 178,185,186 and 188 of the Act and rules made thereunder;(f) declaration by a key managerial personnel that no resolution is pending to be filed in terms of sub-section (3) ofsection 179 and also stating that the company was never listed in any of the Regional Stock Exchanges and if was solisted, all necessary procedures were complied with in full for complete delisting of the shares in accordance with theapplicable rules and regulations laid down by Securities Exchange Board of India:Provided that in case of such companies where no key managerial personnel is required to be appointed, the aforesaiddeclarations shall be filed any of the director.(2) Every application filed

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Appointed Shri Ashok Kumar Gupta as the Chairperson of the Competition

Companies Act 2013 / /

MINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 2nd January, 2019 S.O. 28(E).—In exercise of the powers conferred by sub-section (1) of section 8 read with sub-section (1) ofsection 10 of the Competition Act, 2002 (12 of 2003), the Central Government, vide office order No. Comp-05/1/2018-Comp-MCA dated the 09th November, 2018, appointed Shri Ashok Kumar Gupta as the Chairperson of the Competition2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]Commission of India with effect from the 12th November, 2018 (Forenoon), until 25.10.2022 (i.e. the date on which heattains the age of sixty-five years), or until further orders, whichever is the earliest.2. The terms and conditions of his service shall be governed by the Competition Commission of India (Salary,Allowances and other Terms and Conditions of Service of Chairperson and other Members) Rules, 2003. [F. No. 05/1/2018-Comp-MCA]K. V. R. MURTY, Jt. Secy. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual Compliance | Income Tax Audit | Nidhi Company Registration| LLP Registration | Accounting in India | NGO Registration | NGO Audit | ESG | BRSR | Private Security Agency | Udyam Registration | Trademark Registration | Copyright Registration | Patent Registration | Import Export Code | Forensic Accounting and Fraud Detection | Section 8 Company | Foreign Company | 80G and 12A Certificate | FCRA Registration |DGGI Cases | Scrutiny Cases | Income Escapement Cases | Search & Seizure | CIT Appeal | ITAT Appeal | Auditors | Internal Audit | Financial Audit | Process Audit | IEC Code | CA Certification | Income Tax Penalty Notice u/s 271(1)(c) | Income Tax Notice u/s 142(1) | Income Tax Notice u/s 144 |Income Tax Notice u/s 148 | Income Tax Demand Notice | Psara License | FCRA Online Company Registration Services in major cities of India Company Registration in Jaipur | Company Registration in Delhi | Company Registration in Pune | Company Registration in Hyderabad | Company Registration in Bangalore | Company Registration in Chennai | Company Registration in Kolkata | Company Registration in Mumbai | Company Registration in India | Company Registration in Gurgaon | Company Registration in Noida | Company Registration in lucknow Complete CA Services CA in Delhi | CA in Gurgaon | CA in Noida | CA in Jaipur | CA Firm in India RERA Services RERA Rajasthan | RERA Haryana | RERA Delhi | UP RERA Most read resources tnreginet |rajssp | jharsewa | picme | pmkisan | webland | bonafide certificate | rent agreement format | tax audit applicability | 7/12 online maharasthra | kerala psc registration | antyodaya saral portal | appointment letter format | 115bac | section 41 of income tax act | GST Search Taxpayer | 194h | section 185 of companies act 2013 | caro 2020 | Challan 280 | itr intimation password |  internal audit applicability |  preliminiary expenses |  mAadhar |  e shram card |  194r |  ec tamilnadu |  194a of income tax act |  80ddb |  aaple sarkar portal |  epf activation |  scrap business |  brsr |  section 135 of companies act 2013 |  depreciation on computer |  section 186 of companies act 2013 | 80ttb | section 115bab | section 115ba | section 148 of income tax act | 80dd | 44ae of Income tax act | west bengal land registration | 194o of income tax act | 270a of income tax act | 80ccc | traces portal | 92e of income tax act | 142(1) of Income Tax Act | 80c of Income Tax Act | Directorate general of GST Intelligence | form 16 | section 164 of companies act | section 194a | section 138 of companies act 2013 | section 133 of companies act 2013 | rtps | patta chitta

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The National Company Law Tribunal (Amendment) Rules, 2019

Companies Act 2013 / /

MINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 15th January, 2019   G.S.R.29(E).—In exercise of the powers conferred by sub-section (1) and sub-section (2) of section469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rulesfurther to amend the National Company Law Tribunal Rules, 2016, namely:-1. (1) These rules may be called the National Company Law Tribunal (Amendment) Rules, 2019.(2) They shall come into force on the date of their publication in the Official Gazette.2. In the National Company Law Tribunal Rules, 2016, in rule 71:- (i) In sub-rule (3), in clause (b) for the words “Central Government” the words “RegionalDirector” shall be substituted.(ii) In sub-rule (4), for the words “Central Government” the words “Regional Director” shall besubstituted. [F.No. 1/30/2013-CL. V]K.V.R. MURTY, Jt. Secy. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual Compliance | Income Tax Audit | Nidhi Company Registration| LLP Registration | Accounting in India | NGO Registration | NGO Audit | ESG | BRSR | Private Security Agency | Udyam Registration | Trademark Registration | Copyright Registration | Patent Registration | Import Export Code | Forensic Accounting and Fraud Detection | Section 8 Company | Foreign Company | 80G and 12A Certificate | FCRA Registration |DGGI Cases | Scrutiny Cases | Income Escapement Cases | Search & Seizure | CIT Appeal | ITAT Appeal | Auditors | Internal Audit | Financial Audit | Process Audit | IEC Code | CA Certification | Income Tax Penalty Notice u/s 271(1)(c) | Income Tax Notice u/s 142(1) | Income Tax Notice u/s 144 |Income Tax Notice u/s 148 | Income Tax Demand Notice | Psara License | FCRA Online Company Registration Services in major cities of India Company Registration in Jaipur | Company Registration in Delhi | Company Registration in Pune | Company Registration in Hyderabad | Company Registration in Bangalore | Company Registration in Chennai | Company Registration in Kolkata | Company Registration in Mumbai | Company Registration in India | Company Registration in Gurgaon | Company Registration in Noida | Company Registration in lucknow Complete CA Services CA in Delhi | CA in Gurgaon | CA in Noida | CA in Jaipur | CA Firm in India RERA Services RERA Rajasthan | RERA Haryana | RERA Delhi | UP RERA Most read resources tnreginet |rajssp | jharsewa | picme | pmkisan | webland | bonafide certificate | rent agreement format | tax audit applicability | 7/12 online maharasthra | kerala psc registration | antyodaya saral portal | appointment letter format | 115bac | section 41 of income tax act | GST Search Taxpayer | 194h | section 185 of companies act 2013 | caro 2020 | Challan 280 | itr intimation password |  internal audit applicability |  preliminiary expenses |  mAadhar |  e shram card |  194r |  ec tamilnadu |  194a of income tax act |  80ddb |  aaple sarkar portal |  epf activation |  scrap business |  brsr |  section 135 of companies act 2013 |  depreciation on computer |  section 186 of companies act 2013 | 80ttb | section 115bab | section 115ba | section 148 of income tax act | 80dd | 44ae of Income tax act | west bengal land registration | 194o of income tax act | 270a of income tax act | 80ccc | traces portal | 92e of income tax act | 142(1) of Income Tax Act | 80c of Income Tax Act | Directorate general of GST Intelligence | form 16 | section 164 of companies act | section 194a | section 138 of companies act 2013 | section 133 of companies act 2013 | rtps | patta chitta

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The Insolvency and Bankruptcy Board of India (Salary, Allowances andother Terms and Conditions of Chairperson and members) third Amendment Rules, 2019

Companies Act 2013 / /

MINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 18th January, 2019 G.S.R. 41(E).—In exercise of the powers conferred by clause (zd) of sub-section (2) of section 239,read with sub-section (5) of section 189 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), theCentral Government hereby makes the following rules further to amend the Insolvency and Bankruptcy Boardof India (Salary, Allowances and other Terms and Conditions of Service of Chairperson and members) Rules,2016 namely:—1. (1) These rules may be called the Insolvency and Bankruptcy Board of India (Salary, Allowances andother Terms and Conditions of Chairperson and members) third Amendment Rules, 2019.(2) They shall come into force on the date of their publication in the Official Gazette.2. In the Insolvency and Bankruptcy Board of India (Salary, Allowances and other Terms and Conditions ofServices of Chairperson and members) Rules, 2016, for rule 9, the following rule shall be substituted,namely:—“9. Provident Fund and Pension—The Chairperson and whole-time members shall be governed by theprovisions of the Contributory Provident Fund (India) Rules, 1962 and the Contribution PensionSystem”. [F. No. 30/3/2016-Insolvency]GYANESHWAR KUMAR SINGH, Jt. Secy

The Insolvency and Bankruptcy Board of India (Salary, Allowances andother Terms and Conditions of Chairperson and members) third Amendment Rules, 2019 Read More »