https://www.taxtmi.com/notifications?id=119880 Specified IFSC public companies licensed to operate from an approved multi service SEZ by RBI, SEBI or IRDA shall have specified provisions of the Companies Act disapplied, modified or adapted. Key changes require such companies to be limited by shares, to include "International Financial Service Company" or "IFSC" in their name, to keep their registered office within the IFSC, and permit alignment of subsidiary financial years with foreign holding companies without Tribunal approval; numerous timelines, meeting, director, auditor, fundraising and related party provisions are relaxed or substituted as set out in the notification. en-us Wed, 04 Jan 2017 00:00:00 +0530 Sat, 07 Jan 2017 15:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=119880 Specified IFSC public companies licensed to operate from an approved multi service SEZ by RBI, SEBI or IRDA shall have specified provisions of the Companies Act disapplied, modified or adapted. Key changes require such companies to be limited by shares, to include "International Financial Service Company" or "IFSC" in their name, to keep their registered office within the IFSC, and permit alignment of subsidiary financial years with foreign holding companies without Tribunal approval; numerous timelines, meeting, director, auditor, fundraising and related party provisions are relaxed or substituted as set out in the notification. Notifications Companies Law Wed, 04 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/notifications?id=119880