Corporate Updates – 04-01-2017

MasterClasseson Insolvency & Bankruptcy Code, 2016

Registration open for "Master Classes – Insolvency & Bankruptcy Code, 2016 to be held from 9th January, 2017 to 13th January, 2017 daily from 5:30 PM onwards at NIRC Auditorium, ICSI-NIRC Building, 4, Prasad Nagar Institutional Area, New Delhi. Fee : Rs. 750/- for all participants including Corporate Members of NIRC; Online Payment / Registration Facility Available; Program Credit Hours: 02 per day.


Securities and Exchange Board of India has established its own Investor Protection & Education Fund (IEPF). The fund has been established in pursuant to notification of SEBI (Investor Protection and Education Fund) Regulations, 2009. According to the circular any proceeds occurring due to Disinvestment due to write off of securities held by Foreign Portfolio Investors/deemed Foreign Portfolio Investors and Corporate Benefits received in form of cash to be credited to Investors Protection and Education Fund of SEBI within 7 days from the date of receipt of funds.


Reserve Bank of India (RBI) has issued instruction to all Banks having currency chests to step up issuance of fresh notes to ruralbranches of banks ATMs and post Offices on priority basis in proportion of rural and urban mix to ensure that at least 40% bank notes are supplied to rural areas. Currency chests are further instructed to issue weekly summary of daily issuance to their Link Offices (LO) who would in turn forward it to the RBI’s Regional Office concerned for a review.

New from NIRC of ICSI

Workshop on Merger & Amalgamation

Registration open for NIRC’s Workshop on "Merger & Amalgamation" on Saturday, the 7th January, 2017 from 10 AM onwards (Registration starts at 9.00 AM) at NIRC Building, 4, Prasad Nagar Institutional Area, New Delhi – 110 005. Fee : Rs. 400/- for online and Rs. 500/- on the spot for all participants including Corporate Members of NIRC; Online Payment /Registration Facility Available; Free For Members of Yuva Corporate Membership Scheme of NIRC; Program Credit Hours: 04.

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