Corporate Updates – 08-03-2017

On this International Women’s Day, I find it great opportunity to express my deep felt gratitude towards every woman who has been there in my life as mother, sister, teacher, friend, wife, daughter etc. Thanks a lot for making this world a better place to live in!!!! Happy Women’s Day.

NCLT

NCLT has issued a notice (Copy here), to inform all stakeholders that some of the Company matters having jurisdiction at NCLT, New Delhi, related to winding up and merger filed under the relevant provisions of companies act 2013, have been received in this Tribunal from Hon’ble High Courts of Delhi & Hon’ble High Court of Rajasthan. All the matters from Delhi High Court have been received in digital form whereas proceeding at NCLT is being done on physical paper back copies of the complete application. In this regard, all concerned are requested to submit two sets of petition in hard copy (paper back) and other information in terms of notification of MCA dated 7th December, 2016 before their respective date of hearing with the NCLT, New Delhi.

RBI

RBI has notified that, in order to have uniformity in reporting, reconciliation and accounting, agency banks may report the Gold Monetisation Scheme transactions i.e., receipt, payment, penalty, interest, commission for mobilisation, handing charges, etc., directly through the government account maintained for the purpose at Central Accounts Section, Reserve Bank of India, Nagpur, on a daily basis as in the case of the transactions of Public Provident Fund (PPF) Scheme, 1968. Further, branches authorised to operate the scheme may be advised to bring the details of the scheme to the notice of their customers appropriately.

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