tag:blogger.com,1999:blog-61987321508697700012024-03-14T11:38:06.308+05:30Law 'n' FinanceA blog on legal, tax and deal aspects of corporate financeSathish K Rhttp://www.blogger.com/profile/08039947016546872732noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-6198732150869770001.post-63927063833703249772012-10-31T12:59:00.000+05:302012-10-31T13:01:05.136+05:30Legal Compliance Manual<div dir="ltr" style="text-align: left;" trbidi="on">
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Check out this <a href="http://www.indiacompliance.in/SitePages/Welcome.aspx">Legal Compliance Manual</a> put together by the <a href="http://www.iica.in/">Indian Institute of Corporate Affairs</a> which has a list of statutory compliance required to be met by businesses under various laws such as corporate law, labour law, tax law, etc. This could be handy for practitioners and in-house compliance managers... </div>
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Sathish K Rhttp://www.blogger.com/profile/08039947016546872732noreply@blogger.com0tag:blogger.com,1999:blog-6198732150869770001.post-49457552057039842042012-10-31T12:18:00.000+05:302012-10-31T12:18:30.073+05:30Towards better financial regulation<div dir="ltr" style="text-align: left;" trbidi="on">
Here are the views of Ila Patnaik on FSLRC Approach Paper. <a href="http://ilapatnaikblog.blogspot.in/2012/10/towards-better-financial-regulation.html">Towards better financial regulation</a> and <a href="http://ilapatnaikblog.blogspot.in/2012/10/what-is-regulation-for.html">What is regulation for</a>. Interesting read...</div>
Sathish K Rhttp://www.blogger.com/profile/08039947016546872732noreply@blogger.com0tag:blogger.com,1999:blog-6198732150869770001.post-63393479843442444302012-10-24T19:57:00.001+05:302012-10-24T23:45:00.263+05:30Direct Tax Code, 2010<div dir="ltr" style="text-align: left;" trbidi="on">
You may be aware that a comprehensive review of the Direct Tax Code 2010, particularly in the context of General Anti Avoidance Rules, is on anvil. <a href="http://164.100.24.219/BillsTexts/LSBillTexts/asintroduced/DTC%20%28110%20of%202010%29%20To%20be.pdf" target="_blank">Here</a> is the Code. I will discuss some aspects of Avoidance Rules in my posts later...</div>
Sathish K Rhttp://www.blogger.com/profile/08039947016546872732noreply@blogger.com0tag:blogger.com,1999:blog-6198732150869770001.post-86330492428810485452012-10-21T08:27:00.000+05:302012-10-21T08:27:11.931+05:30Companies Bill, 2011<div dir="ltr" style="text-align: left;" trbidi="on">
Here is the draft <a href="http://www.mca.gov.in/Ministry/pdf/The_Companies_Bill_2011.pdf" target="_blank">Companies Bill, 2011</a> and the <a href="http://www.prsindia.org/uploads/media/Company/Companies_Bill_%20SC%20Report%202012.pdf" target="_blank">latest Report of the Parliamentary Standing Committee </a>on this Bill. After taking into consideration the Standing Committee’s views, the Cabinet has approved certain amendments to the Bill on 4th Oct 2012 which you will find <a href="http://pib.nic.in/newsite/erelease.aspx?relid=0" target="_blank">here</a>.<br />
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You will find the highlights of the Bill <a href="http://www.icsi.edu/docs/WebModules/LinksOfWeeks/HIGHLIGHTS-COMPANIES%20BILL2011.pdf" target="_blank">here</a> and <a href="http://www.deloitte.com/assets/Dcom-India/Local%20Assets/Documents/Tax%20documents/Deloitte%20Analysis%20-%20Companies%20Act%201956%20%20Companies%20Bill%202011.pdf" target="_blank">here</a>. I will discuss some of the key features of the Bill in my posts later...</div>
Sathish K Rhttp://www.blogger.com/profile/08039947016546872732noreply@blogger.com0tag:blogger.com,1999:blog-6198732150869770001.post-22947481557150911522012-10-20T19:25:00.000+05:302012-10-20T19:27:45.008+05:30Financial Sector Legislative Reforms Commission<div dir="ltr" style="text-align: left;" trbidi="on">
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FSLRC (Financial Sector Legislative Reforms Commission) constituted by the Ministry of Finance, Government of India, to rewrite and
harmonize financial sector rules and
regulations, has recently published an Approach Paper. This can be accessed <a href="http://www.fslrc.org.in/publications.html" target="_blank">here</a>. A detailed analysis of this paper will follow... </div>
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Sathish K Rhttp://www.blogger.com/profile/08039947016546872732noreply@blogger.com0tag:blogger.com,1999:blog-6198732150869770001.post-28971805485535571302012-10-17T17:38:00.000+05:302012-10-20T12:56:06.618+05:30SEBI (Alternative Investment Funds) Regulations, 2012<div dir="ltr" style="text-align: left;" trbidi="on">
You may be aware that the SEBI in May 2012 notified the <a href="http://www.sebi.gov.in/cms/sebi_data/attachdocs/1337601524196.pdf" target="_blank">SEBI (Alternative Investment Funds) Regulations, 2012</a> which is intended to regulate venture capital, private equity and other fund pooling activity. However, some doubts were expressed as to the reach of these regulations and different views were making rounds in the practitioners circle.<br />
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<a href="http://indiacorplaw.blogspot.in/2012/10/aif-regulations-meaning-of-ownership_17.html" target="_blank">Here</a> is an interesting post from Vinod Kothari and Soma Bagaria. The arguments laid out in their post can hardly be refuted on two counts: (a) meticulous interpretation of the regulations brought out (b) even on the basis of the first principles, the fundamental role of any securities regulator is to manage/regulate intricate issues flowing out of various so called agency / fiduciary relationships such as intermediary-client, company-investor, etc. But where the investor himself has a control over the ownership interest, the securities regulator should have no business. </div>
Sathish K Rhttp://www.blogger.com/profile/08039947016546872732noreply@blogger.com0tag:blogger.com,1999:blog-6198732150869770001.post-69796627419965397002012-10-09T09:46:00.000+05:302012-10-24T19:30:15.507+05:30Welcome!<div dir="ltr" style="text-align: left;" trbidi="on">
Welcome to our blog!<br />
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This blog <span>deals with legal, tax and deal aspects of corporate finance</span>. Hope you enjoy and benefit from reading this blog.
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