Corporate Updates 17 July 2014


MCA has directed all the Registrar of Companies across India that Registration of Name of the Companies shall be in consonance with the provisions of the Emblems and Name (Prevention of Improper Use) Act, 1950. Registrar of Companies are directed that while allotting names to Companies/Limited Liability Partnerships, due care should be exercise to ensure that the names are not in contravention of the provisions of the Emblems and Names (Prevention of Improper Use) Act, 1956. To this end it is necessary that Registrars are fully familiar with the provisions of the said Act.


In the Union Budget 2014-15, presented on July 10, 2014, the Hon’ble Finance Minister announced that long term financing for infrastructure has been a major constraint in encouraging larger private sector participation in this sector: While flexible structuring for long term loans to infrastructure sector, separate circulars have been issued on the asset side of the banks’ balance sheets on the liability side of the banks’ balance sheets by the RBI. To view the circular, please Click Here.

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