TaxTMI 
TaxTMI 
Easing of Compliance Norms Under Companies Act
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....asing of Compliance Norms Under Companies Act <br>News and Press Release<br>Dated:- 5-5-2015<br><BR>After commencement of various provisions of the Companies Act, 2013 and rules thereunder, various is....
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....sues received from Industry Chambers and stakeholders were examined in consultation with stakeholders. In order to address the issues received, certain rules have been amended. The compliance norms, w....
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....herever changed have been done keeping in view the need to strike a balance between regulatory requirements and ease of doing business and without compromising on the Board's accountability to the mem....
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....bers of the company. The objective behind the amendment of Rule 8 of the Companies (Meetings of Board and its Powers) Rules, 2014 is to allow the Board to pass resolutions to take note of appointments....
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.... or removal of one level below the Key Managerial Personnel, to take note of disclosure of director's interest and shareholding, etc. as contained in sub-rule (3), (5), (6), (7), (8) and (9) of the sa....
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....id Rule without holding a meeting. This was stated by Shri Arun Jaitley, Union Finance Minister in written reply to a question in the Rajya Sabha today.<BR> News - Press release - PIB....