tag:blogger.com,1999:blog-36302310411299803942024-02-07T05:05:25.805-08:00PROGLOBAL CORPStartup advisory firmAnonymoushttp://www.blogger.com/profile/09507161689566835257noreply@blogger.comBlogger645125tag:blogger.com,1999:blog-3630231041129980394.post-6306398400470099222015-12-01T00:10:00.000-08:002015-12-01T00:10:20.746-08:00Forms under COSMOS System<iframe src="//www.slideshare.net/slideshow/embed_code/key/uE3iQx392qe24z" width="668" height="714" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" style="border:1px solid #CCC; border-width:1px; margin-bottom:5px; max-width: 100%;" allowfullscreen> </iframe> <div style="margin-bottom:5px"> <strong> <a href="//www.slideshare.net/proglobalcorpindia/forms-under-cosmos-system" title="Forms under COSMOS System" target="_blank">Forms under COSMOS System</a> </strong> from <strong><a href="//www.slideshare.net/proglobalcorpindia" target="_blank">Proglobalcorp India</a></strong> </div>Anonymoushttp://www.blogger.com/profile/09507161689566835257noreply@blogger.comtag:blogger.com,1999:blog-3630231041129980394.post-91790639032021605572015-11-27T22:36:00.001-08:002015-11-27T22:36:06.372-08:00Finance Minister’s Budget announcement – phasing out plan of deductions under the Income-tax Act – reg.<div dir="ltr">The Finance Minister in his Budget Speech, 2015 indicated that the rate of corporate tax will be reduced from 30% to 25% over the next four years along with corresponding phasing out of exemptions and deductions. This is a step towards simplification of tax laws, which is expected to bring about transparency and clarity. <div><br><div>2. The Government proposes to implement this decision in the following manner: </div><div><br></div><div> Profit linked, investment linked and area based deductions will be phased out for both corporate and non-corporate tax payers. </div><div> The provisions having a sunset date will not be modified to advance the sunset date. Similarly the sunset dates provided in the Act will not be extended.</div><div> In case of tax incentives with no terminal date, a sunset date of 31.3.2017 will be provided either for commencement of the activity or for claim of benefit depending upon the structure of the relevant provisions of the Act. </div><div> There will be no weighted deduction with effect from 01.04.2017.</div><div> </div><div>3. Based on the above principles, the details of the phasing out plan to be implemented are as under: </div><div><br></div><div>(i) Section 32 : The depreciation under the Income-tax Act is available up to 100% in respect of certain block of assets. The highest rate of depreciation under the Income-tax Act is proposed to be reduced to 60%. This is proposed to be made applicable from 01.4.2017. The new rate is proposed to be made applicable to all the assets (whether old or new) falling in the relevant block of assets. </div><div><br></div><div>(ii) Section 35AD of the Income-tax Act provides for 100% deduction of capital expenditure (other than expenditure on land, goodwill and financial assets) incurred by certain specified businesses such as laying and operating a cross-country natural gas or crude or petroleum oil pipeline network, building hotel (two star and above), warehousing facility for sugar etc. However, in case of a cold chain facility, warehousing facility for storage of agricultural produce, an affordable housing project, production of fertiliser etc. weighted deduction of 150% of capital expenditure is allowed. It is proposed that no weighted deduction will be allowed on any specified business w.e.f 01.4.2017. </div><div><br></div><div>(iii) Section 35AC: No deduction under section 35AC will be available from financial year 2017-18 (Assessment Year 2018-19). </div><div><br></div><div>(iv) Section 35 of the Income-tax Act provides for deduction for expenditure incurred on scientific research. It allows for both capital and revenue expenditure and also allows for weighted deduction for donations made to certain institutions/associations/company for scientific research. It is proposed to provide that – </div><div><br></div><div>(a) deduction under section 35(1)(ii), (iia), (iii) and 35 (2AA) is proposed to be restricted to 100% from F.Y 2017-18, and </div><div><br></div><div>(b) deduction under section 35(2AB) of the Income-tax Act is proposed to be limited to 100% from Financial Year 2017-18 as against 200% available up to 31.03.2017 under the Income-tax Act. </div><div><br></div><div>(v) There are certain tax incentives which at present do not have any sunset date for commencement of activity. It is proposed to provide a sunset date of 31.03.2017 for commencement of activity in the following cases:-</div><div><br></div><div>A) Development, operation and maintenance of infrastructure facility [Section 80-IA (4)(i)]. </div><div><br></div><div>B) Development of special economic zone (Section 80-IAB).</div><div> </div><div>C) Export of articles or things or services by a unit located in a Special Economic Zone (Section 10AA). </div><div><br></div><div>D) Commercial production of natural gas in blocks licenced under CBM-IV and NELP VIII. [Section 80-IB(9)(iv)&(v)]. </div><div><br></div><div>E) Commercial production of mineral oil from blocks licenced under a contract awarded up to 31.03.2011. [Section 80-IB(9)(ii)]. </div><div><br></div><div>(vi) No weighted deduction is proposed to be provided under Section 35CCC and 35CCD from 01.04.2017. However deduction up to 100% of expenditure referred to therein shall be available. </div><div><br></div><div>4. Comments on the aforesaid phasing out plan may be sent within 15 days to Director (TPL-III) on mail at <a href="mailto:dirtpl3@nic.in">dirtpl3@nic.in</a> or by post in an envelope under the caption "Phasing out of deductions" at the following address: </div><div><br></div><div>Director (TPL III), Central Board of Direct Taxes, Room No. 147G, North Block, New Delhi 110001<br> </div></div></div> Anonymoushttp://www.blogger.com/profile/09507161689566835257noreply@blogger.com0tag:blogger.com,1999:blog-3630231041129980394.post-89557301915197411142015-11-27T22:24:00.001-08:002015-11-27T22:24:26.262-08:00Investment by Foreign Portfolio Investors (FPI) in Corporate Bonds<div dir="ltr"><p style="color:rgb(0,0,0);font-family:Arial,Helvetica,sans-serif;font-size:13px;line-height:18.2px;text-align:justify;margin:5px!important">Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to Schedule 5 to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000 notified vide <a href="https://www.rbi.org.in/scripts/BS_FemaNotifications.aspx?Id=174" target="_blank" class="" style="line-height:20px;text-decoration:none;color:rgb(0,0,255)!important;background:none 0px 0px repeat scroll rgba(0,0,0,0)">Notification No. FEMA.20/2000- RB dated May 3, 2000</a>, as amended from time to time and to<a href="https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=9543&Mode=0" target="_blank" class="" style="line-height:20px;text-decoration:none;color:rgb(0,0,255)!important;background:none 0px 0px repeat scroll rgba(0,0,0,0)">A.P. (DIR Series) Circular No. 71 dated February 3, 2015</a> and <a href="https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=9554&Mode=0" target="_blank" class="" style="line-height:20px;text-decoration:none;color:rgb(0,0,255)!important;background:none 0px 0px repeat scroll rgba(0,0,0,0)">A. P. (DIR Series) Circular No.73 dated February 6, 2015</a> in terms of which all future investments by Foreign Portfolio Investors (FPI) in NCDs/bonds shall be required to be made in securities with a minimum residual maturity of three years.</p><p style="color:rgb(0,0,0);font-family:Arial,Helvetica,sans-serif;font-size:13px;line-height:18.2px;text-align:justify;margin:5px!important">2. On a review, it has been decided to permit FPI to acquire NCDs/bonds, which are under default, either fully or partly, in the repayment of principal on maturity or principal installment in the case of amortising bond. The revised maturity period of such NCDs/bonds, restructured based on negotiations with the issuing Indian company, should be three years or more.</p><p style="color:rgb(0,0,0);font-family:Arial,Helvetica,sans-serif;font-size:13px;line-height:18.2px;text-align:justify;margin:5px!important">3. The FPI which propose to acquire such NCDs/bonds under default should disclose to the Debenture Trustees the terms of their offer to the existing debenture holders / beneficial owners from whom they are acquiring. Such investment should be within the overall limit prescribed for corporate debt from time to time (currently Rs. 2443.23 billion). All other existing conditions for investment by FPIs in the debt market remain unchanged.</p><p style="color:rgb(0,0,0);font-family:Arial,Helvetica,sans-serif;font-size:13px;line-height:18.2px;text-align:justify;margin:5px!important">4. The directions contained in this circular have been issued under sections 10(4) and 11(1) of the Foreign Exchange Management Act, 1999 (42 of 1999) and are without prejudice to permissions/approvals, if any, required under any other law. AD Category – I banks may bring the contents of this circular to the notice of their constituents and customers concerned.</p><div><div class="gmail_signature"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><br></div></div></div></div></div></div> </div> Anonymoushttp://www.blogger.com/profile/09507161689566835257noreply@blogger.com0tag:blogger.com,1999:blog-3630231041129980394.post-25502149833610970582015-11-25T00:47:00.001-08:002015-11-25T00:47:05.108-08:00NOTIFICATION No.F.3(352)Policy/VAT/2013/1062-73<div dir="ltr">In partial modification of Notification No.F.3(352)PolicyNAT/2013/929-940 dated 21/10/2015 regarding , submission of information online in Form DP-1, I, S. S. Yadav, Commissioner, Value Added Tax, Government of National Capital Territory of Delhi, in exercise of the powers conferred on me by sub-sectonrt) read with subsection (2) and (3) of section 70 and sub-section (2) of section 59 of Delhi Value Added Tax Act, 2004, notify that the Form DP-1 shall be submitted online by all the dealers latest by 31/12/2015. The form shall be filed by dealers registered upto 3111012015 ... Rest of the contents of the above said Notifications shall remain the same. <br clear="all"><div><div class="gmail_signature"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><br></div></div></div></div></div></div> </div> Anonymoushttp://www.blogger.com/profile/09507161689566835257noreply@blogger.com0tag:blogger.com,1999:blog-3630231041129980394.post-82469008053147805412015-11-25T00:40:00.001-08:002015-11-25T00:40:47.411-08:00RBI grants ‘in-principle’ approval to NPCI to function as the central unit for Bharat Bill Payment Systems (BBPS)<div dir="ltr"><p style="color:rgb(0,0,0);font-family:Arial,Helvetica,sans-serif;font-size:13px;line-height:18.2px;text-align:justify;margin:5px!important">The Reserve Bank of India has today decided to grant 'in principle' approval to the National Payments Corporation of India (NPCI) to function as the Bharat Bill Payment Central Unit (BBPCU) in BBPS.</p><p style="color:rgb(0,0,0);font-family:Arial,Helvetica,sans-serif;font-size:13px;line-height:18.2px;text-align:justify;margin:5px!important">The Bharat Bill Payment System (BBPS), an integrated bill payment system, will function as a tiered structure for operating the bill payment system in the country with a single brand image providing convenience of 'anytime anywhere' bill payment to customers. As the central unit, NPCI will set necessary operational, technical and business standards for the entire system and its participants, and also undertake clearing and settlement activities. The present scope of BBPS will include utility bill payments, such as, electricity, water, gas, telephone and Direct-to-Home (DTH). Based on the experience, this would be extended to include other types of repetitive payments, like school / university fees, municipal taxes etc. in future.</p><p style="color:rgb(0,0,0);font-family:Arial,Helvetica,sans-serif;font-size:13px;line-height:18.2px;text-align:justify;margin:5px!important">The Operating Units will function as entities facilitating collection of bills/repetitive payments. Reserve Bank had invited applications for authorisation/approval to function as Operating Unit from non-banks/banks. The last date for receipt of such applications/approval requests was November 20, 2015. This had been extended to December 18, 2015.</p><p style="color:rgb(0,0,0);font-family:Arial,Helvetica,sans-serif;font-size:13px;line-height:18.2px;text-align:justify;margin:5px!important">As at the close of business on November 20, 2015, the Bank has received 12 applications for authorisation from non-bank entities and 18 requests for approval from banks for operating as a BBPOU. Reserve Bank would continue to receive further applications for authorisation/approval as Operating Units till close of business on Friday, December 18, 2015.</p><p style="color:rgb(0,0,0);font-family:Arial,Helvetica,sans-serif;font-size:13px;line-height:18.2px;text-align:justify;margin:5px!important">It may be recalled that the Reserve Bank of India had, vide circular dated November 28, 2014 issued guidelines for setting up the Bharat Bill Payment System (BBPS), wherein it was indicated that NPCI will function as BBPCU and there could be multiple Bharat Bill Payment Operating Units-BBPOUs (Operating Unit) under BBPS.</p><p align="right" style="color:rgb(0,0,0);font-family:Arial,Helvetica,sans-serif;font-size:13px;line-height:18.2px;margin:5px!important"><span class="" style="font-weight:bold">Anirudha D. Jadhav</span><br>Assistant Manager</p><p class="" style="font-family:Arial,Helvetica,sans-serif;font-weight:bold;color:rgb(0,0,0);font-size:13px;line-height:18.2px;text-align:justify;margin:5px!important">Press Release : 2015-2016/1234</p> </div> Anonymoushttp://www.blogger.com/profile/09507161689566835257noreply@blogger.com0tag:blogger.com,1999:blog-3630231041129980394.post-20925577959300943522015-11-25T00:38:00.001-08:002015-11-25T00:38:06.213-08:00RBI grants “in-principle” approval to three applicants for setting up Trade Receivables Discounting System (TReDS)<div dir="ltr"><p style="color:rgb(0,0,0);font-family:Arial,Helvetica,sans-serif;font-size:13px;line-height:18.2px;text-align:justify;margin:5px!important">In the Union Budget for 2015-16 the Honourable Union Finance Minister had highlighted the need for and use of TReDS for improving flow of funds to MSME sector by reducing the receivables realisation cycles. TReDS will allow SMEs to post their receivables on the system and get them financed. This will not only give them greater access to finance but will also put greater discipline on corporates to pay their dues on time.</p><p style="color:rgb(0,0,0);font-family:Arial,Helvetica,sans-serif;font-size:13px;line-height:18.2px;text-align:justify;margin:5px!important">In line with this, the Reserve Bank of India has today decided to grant "in-principle" approval to the following three applicants to set up and operate Trade Receivables Discounting System (TReDS) as per the <a href="https://rbi.org.in/Scripts/FS_PressRelease.aspx?prid=32664&fn=9" target="_blank" class="" style="line-height:20px;text-decoration:none;color:rgb(0,0,255)!important;background:none 0px 0px repeat scroll rgba(0,0,0,0)">Guidelines issued on December 03, 2014</a> under the Payment and Settlement System (PSS) Act 2007.</p><ol style="margin:1em 0px;padding:0px 0px 0px 40px;color:rgb(0,0,0);font-family:Arial,Helvetica,sans-serif;font-size:13px;line-height:18.2px;text-align:justify"><li><p style="margin:5px!important">NSE Strategic Investment Corporation Limited (NSICL) and Small Industries Development Bank of India (SIDBI), Mumbai</p></li><li><p style="margin:5px!important">Axis Bank Limited, Mumbai</p></li><li><p style="margin:5px!important">Mynd Solutions Pvt. Ltd., Gurgaon, Haryana</p></li></ol><p style="color:rgb(0,0,0);font-family:Arial,Helvetica,sans-serif;font-size:13px;line-height:18.2px;text-align:justify;margin:5px!important">The "in-principle" approval granted will be valid for a period of 6 months, during which time the applicants have to comply with the requirements under the Guidelines and fulfil the other conditions as may be stipulated by the Reserve Bank. On being satisfied that the applicants have complied with the requisite conditions laid down by it as part of "in-principle" approval, the Reserve Bank would consider granting to them a Certificate of Authorisation for commencement of the business of TReDS.</p><p class="" style="font-family:Arial,Helvetica,sans-serif;font-weight:bold;color:rgb(0,0,0);font-size:13px;line-height:18.2px;text-align:justify;margin:5px!important">Selection Process</p><p style="color:rgb(0,0,0);font-family:Arial,Helvetica,sans-serif;font-size:13px;line-height:18.2px;text-align:justify;margin:5px!important">As the TReDS will be a payment system authorised under the PSS Act 2007, an elaborate four-tiered structure of application processing was adopted for this purpose.</p><p style="color:rgb(0,0,0);font-family:Arial,Helvetica,sans-serif;font-size:13px;line-height:18.2px;text-align:justify;margin:5px!important">To start with, a preliminary scrutiny of the applications was done by the Department of Payment and Settlement Systems to vet the eligibility of the applicants vis-à-vis the requirements laid down in the Guidelines. In the next stage, the applicants were invited to make presentations before the Inter Department Group (IDG) comprising officials from various regulatory departments of the Reserve Bank and elaborate or clarify on areas, such as, the financial plan including source of funds, business plan including implementation time, process and technical plans as also issues related to risk management, grievance redressal, Business Continuity Plan / Disaster Recovery Management, etc.</p><p style="color:rgb(0,0,0);font-family:Arial,Helvetica,sans-serif;font-size:13px;line-height:18.2px;text-align:justify;margin:5px!important">In the third stage, the Committee of Governor and Deputy Governors reviewed the applications and the assessment of the IDG. As suggested by the Committee, another round of meeting with the shortlisted applicants was held to seek further information/clarifications. In the final stage, the recommendations made by this Committee was considered by the Board for Payment & Settlement System (BPSS) today and it approved grant of "in-principle" approval to the these applicants.</p><p class="" style="font-family:Arial,Helvetica,sans-serif;font-weight:bold;color:rgb(0,0,0);font-size:13px;line-height:18.2px;text-align:justify;margin:5px!important">Background</p><p style="color:rgb(0,0,0);font-family:Arial,Helvetica,sans-serif;font-size:13px;line-height:18.2px;text-align:justify;margin:5px!important">The Governor, in his statement on September 04, 2013 had announced the intention to facilitate Electronic Bill Factoring Exchanges in the country, which could electronically accept and auction MSME bills against large companies so that MSMEs could be paid promptly.</p><p style="color:rgb(0,0,0);font-family:Arial,Helvetica,sans-serif;font-size:13px;line-height:18.2px;text-align:justify;margin:5px!important">The Reserve Bank of India published a concept paper on "<a href="https://rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=30833" target="_blank" class="" style="line-height:20px;text-decoration:none;color:rgb(0,0,255)!important;background:none 0px 0px repeat scroll rgba(0,0,0,0)">Micro, Small & Medium Enterprises (MSME) Factoring-Trade Receivables Exchange</a><em>" </em>in March 2014 taking into account the interest expressed by a few entities and in consultation with select stakeholders. Subsequently, the <a href="https://rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=31682" target="_blank" class="" style="line-height:20px;text-decoration:none;color:rgb(0,0,255)!important;background:none 0px 0px repeat scroll rgba(0,0,0,0)">draft guidelines</a> for setting up of and operating TReDS were released on July 22, 2014.</p><p style="color:rgb(0,0,0);font-family:Arial,Helvetica,sans-serif;font-size:13px;line-height:18.2px;text-align:justify;margin:5px!important">Based on the feedback received from public/stakeholders, final guidelines were issued on December 03, 2014 under Section 10(2) read with Section 18 of the Payment and Settlement Systems (PSS) Act, 2007. Entities interested in setting up and operating TReDS were advised to apply for authorisation till February 13, 2015 which was further extended upto March 09, 2015.</p><p style="color:rgb(0,0,0);font-family:Arial,Helvetica,sans-serif;font-size:13px;line-height:18.2px;text-align:justify;margin:5px!important">The names of applicants who had applied for setting up TReDS was released on March 25, 2015.</p><p align="right" style="color:rgb(0,0,0);font-family:Arial,Helvetica,sans-serif;font-size:13px;line-height:18.2px;margin:5px!important"><span class="" style="font-weight:bold">Anirudha D. Jadhav</span><br>Assistant Manager</p><p class="" style="font-family:Arial,Helvetica,sans-serif;font-weight:bold;color:rgb(0,0,0);font-size:13px;line-height:18.2px;text-align:justify;margin:5px!important">Press Release : 2015-2016/1235</p> </div> Anonymoushttp://www.blogger.com/profile/09507161689566835257noreply@blogger.com0tag:blogger.com,1999:blog-3630231041129980394.post-64927831585701389422015-11-25T00:35:00.001-08:002015-11-25T00:35:21.201-08:00Sovereign Gold Bonds, 2015-16<div dir="ltr"><p style="color:rgb(0,0,0);font-family:Arial,Helvetica,sans-serif;font-size:13px;line-height:18.2px;text-align:justify;margin:5px!important">The Reserve Bank of India, in consultation with Government of India, had notified the issuance of Sovereign Gold Bonds, 2015-16 vide <a href="https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=10095&Mode=0" target="_blank" class="" style="line-height:20px;text-decoration:none;color:rgb(0,0,255)!important;background:none 0px 0px repeat scroll rgba(0,0,0,0)">circulars IDMD.CDD.No. 939/14.04.050/2015-16 dated October 30, 2015</a> and <a href="https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=10104&Mode=0" target="_blank" class="" style="line-height:20px;text-decoration:none;color:rgb(0,0,255)!important;background:none 0px 0px repeat scroll rgba(0,0,0,0)">IDMD.CDD.No. 968/14.04.050/2015-16 dated November 4, 2015</a>. The first tranche of Sovereign Gold Bonds was open for subscription from November 5 to November 20, 2015. The bonds were to be issued on November 26, 2015.</p><p style="color:rgb(0,0,0);font-family:Arial,Helvetica,sans-serif;font-size:13px;line-height:18.2px;text-align:justify;margin:5px!important">Large number of applications has been received by banks and post offices. To enable smooth uploading of applications into RBI's E-kuber system, particularly by the post offices, it has since been decided to shift the issue date of the Sovereign Gold Bond from November 26, 2015 to November 30, 2015.</p><p style="color:rgb(0,0,0);font-family:Arial,Helvetica,sans-serif;font-size:13px;line-height:18.2px;text-align:justify;margin:5px!important">Other terms and conditions of the above circulars remain unchanged.</p><p align="right" style="color:rgb(0,0,0);font-family:Arial,Helvetica,sans-serif;font-size:13px;line-height:18.2px;margin:5px!important"><span class="" style="font-weight:bold">Anirudha D. Jadhav</span><br>Assistant Manager</p><p class="" style="font-family:Arial,Helvetica,sans-serif;font-weight:bold;color:rgb(0,0,0);font-size:13px;line-height:18.2px;text-align:justify;margin:5px!important">Press Release : 2015-2016/1236</p> </div> Anonymoushttp://www.blogger.com/profile/09507161689566835257noreply@blogger.com0tag:blogger.com,1999:blog-3630231041129980394.post-84368499226697363022015-11-25T00:32:00.001-08:002015-11-25T00:32:29.034-08:00FASB PROPOSES CLARIFICATIONS TO THE DEFINITION OF A BUSINESS<div dir="ltr"><em style="color:rgb(60,60,61);font-family:Georgia,Times,'Times New Roman',serif;font-size:15px;line-height:24px;background-color:rgb(244,246,248)">Guidance would improve financial reporting of acquisitions of nonfinancial assets</em><br style="color:rgb(60,60,61);font-family:Georgia,Times,'Times New Roman',serif;font-size:15px;line-height:24px;background-color:rgb(244,246,248)"><br style="color:rgb(60,60,61);font-family:Georgia,Times,'Times New Roman',serif;font-size:15px;line-height:24px;background-color:rgb(244,246,248)"><strong style="color:rgb(60,60,61);font-family:Georgia,Times,'Times New Roman',serif;font-size:15px;line-height:24px;background-color:rgb(244,246,248)">Norwalk, CT, November 23, 2015</strong><span style="color:rgb(60,60,61);font-family:Georgia,Times,'Times New Roman',serif;font-size:15px;line-height:24px;background-color:rgb(244,246,248)">—The Financial Accounting Standards Board (FASB) today issued a proposed Accounting Standards Update (</span><a href="http://www.fasb.org/cs/ContentServer?c=Document_C&pagename=FASB%2FDocument_C%2FDocumentPage&cid=1176167640849" style="font-family:Georgia,Times,'Times New Roman',serif;color:rgb(60,60,61);outline:none;font-size:15px;display:inline;margin-right:0px;line-height:24px;background-color:rgb(244,246,248)">ASU</a><span style="color:rgb(60,60,61);font-family:Georgia,Times,'Times New Roman',serif;font-size:15px;line-height:24px;background-color:rgb(244,246,248)">) intended to clarify the definition of a business with the objective of adding guidance to assist organizations with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. Stakeholders are encouraged to review and provide comment on the proposal by January 22, 2016.</span><br style="color:rgb(60,60,61);font-family:Georgia,Times,'Times New Roman',serif;font-size:15px;line-height:24px;background-color:rgb(244,246,248)"><br style="color:rgb(60,60,61);font-family:Georgia,Times,'Times New Roman',serif;font-size:15px;line-height:24px;background-color:rgb(244,246,248)"><span style="color:rgb(60,60,61);font-family:Georgia,Times,'Times New Roman',serif;font-size:15px;line-height:24px;background-color:rgb(244,246,248)">The definition of a business affects many areas of accounting, including acquisitions, disposals, goodwill impairment, and consolidation. However, many stakeholders have said that the current definition of a business is applied too broadly, requiring many transactions to be treated as businesses when they should be treated as assets. They also noted that analyzing such transactions is costly and complex—concerns that also were raised in connection with the Post-Implementation Review Report on FASB Statement No. 141 (revised 2007), </span><em style="color:rgb(60,60,61);font-family:Georgia,Times,'Times New Roman',serif;font-size:15px;line-height:24px;background-color:rgb(244,246,248)">Business Combinations</em><span style="color:rgb(60,60,61);font-family:Georgia,Times,'Times New Roman',serif;font-size:15px;line-height:24px;background-color:rgb(244,246,248)"> (Statement 141(R)).</span><br style="color:rgb(60,60,61);font-family:Georgia,Times,'Times New Roman',serif;font-size:15px;line-height:24px;background-color:rgb(244,246,248)"><br style="color:rgb(60,60,61);font-family:Georgia,Times,'Times New Roman',serif;font-size:15px;line-height:24px;background-color:rgb(244,246,248)"><span style="color:rgb(60,60,61);font-family:Georgia,Times,'Times New Roman',serif;font-size:15px;line-height:24px;background-color:rgb(244,246,248)">The guidance in this proposed ASU would address these concerns by providing a more robust framework for determining when a set of assets and activities is a business. The framework would provide more consistency in the application of the guidance, reduce the costs of its application, and make the definition of a business more operable.</span><br style="color:rgb(60,60,61);font-family:Georgia,Times,'Times New Roman',serif;font-size:15px;line-height:24px;background-color:rgb(244,246,248)"><br style="color:rgb(60,60,61);font-family:Georgia,Times,'Times New Roman',serif;font-size:15px;line-height:24px;background-color:rgb(244,246,248)"><span style="color:rgb(60,60,61);font-family:Georgia,Times,'Times New Roman',serif;font-size:15px;line-height:24px;background-color:rgb(244,246,248)">More information about the proposed </span><a href="http://www.fasb.org/cs/ContentServer?c=Document_C&pagename=FASB%2FDocument_C%2FDocumentPage&cid=1176167640849" style="font-family:Georgia,Times,'Times New Roman',serif;color:rgb(60,60,61);outline:none;font-size:15px;display:inline;margin-right:0px;line-height:24px;background-color:rgb(244,246,248)">ASU</a><span style="color:rgb(60,60,61);font-family:Georgia,Times,'Times New Roman',serif;font-size:15px;line-height:24px;background-color:rgb(244,246,248)">—including a high-level </span><em style="color:rgb(60,60,61);font-family:Georgia,Times,'Times New Roman',serif;font-size:15px;line-height:24px;background-color:rgb(244,246,248)"><a href="http://www.fasb.org/cs/ContentServer?c=Document_C&pagename=FASB%2FDocument_C%2FDocumentPage&cid=1176167643558" style="color:rgb(60,60,61);outline:none;display:inline;margin-right:0px">FASB in Focus</a></em><span style="color:rgb(60,60,61);font-family:Georgia,Times,'Times New Roman',serif;font-size:15px;line-height:24px;background-color:rgb(244,246,248)"> overview—is available at </span><a href="http://www.fasb.org/" style="font-family:Georgia,Times,'Times New Roman',serif;color:rgb(60,60,61);outline:none;font-size:15px;display:inline;margin-right:0px;line-height:24px;background-color:rgb(244,246,248)">www.fasb.org</a><span style="color:rgb(60,60,61);font-family:Georgia,Times,'Times New Roman',serif;font-size:15px;line-height:24px;background-color:rgb(244,246,248)">.</span><br style="color:rgb(60,60,61);font-family:Georgia,Times,'Times New Roman',serif;font-size:15px;line-height:24px;background-color:rgb(244,246,248)"><br style="color:rgb(60,60,61);font-family:Georgia,Times,'Times New Roman',serif;font-size:15px;line-height:24px;background-color:rgb(244,246,248)"><br style="color:rgb(60,60,61);font-family:Georgia,Times,'Times New Roman',serif;font-size:15px;line-height:24px;background-color:rgb(244,246,248)"><strong style="color:rgb(60,60,61);font-family:Georgia,Times,'Times New Roman',serif;font-size:15px;line-height:24px;background-color:rgb(244,246,248)">About the Financial Accounting Standards Board</strong><br style="color:rgb(60,60,61);font-family:Georgia,Times,'Times New Roman',serif;font-size:15px;line-height:24px;background-color:rgb(244,246,248)"><br style="color:rgb(60,60,61);font-family:Georgia,Times,'Times New Roman',serif;font-size:15px;line-height:24px;background-color:rgb(244,246,248)"><span style="color:rgb(60,60,61);font-family:Georgia,Times,'Times New Roman',serif;font-size:15px;line-height:24px;background-color:rgb(244,246,248)">Established in 1973, the FASB is the independent, private-sector, not-for-profit organization based in Norwalk, Connecticut, that establishes financial accounting and reporting standards for public and private companies and not-for-profit organizations that follow Generally Accepted Accounting Principles (GAAP). The FASB is recognized by the Securities and Exchange Commission as the designated accounting standard setter for public companies. FASB standards are recognized as authoritative by many other organizations, including state Boards of Accountancy and the American Institute of CPAs (AICPA). The FASB develops and issues financial accounting standards through a transparent and inclusive process intended to promote financial reporting that provides useful information to investors and others who use financial reports. The Financial Accounting Foundation (FAF) supports and oversees the FASB. For more information, visit </span><a href="http://www.fasb.org/" style="font-family:Georgia,Times,'Times New Roman',serif;color:rgb(60,60,61);outline:none;font-size:15px;display:inline;margin-right:0px;line-height:24px;background-color:rgb(244,246,248)">www.fasb.org</a><span style="color:rgb(60,60,61);font-family:Georgia,Times,'Times New Roman',serif;font-size:15px;line-height:24px;background-color:rgb(244,246,248)">.</span><br> </div> Anonymoushttp://www.blogger.com/profile/09507161689566835257noreply@blogger.com0tag:blogger.com,1999:blog-3630231041129980394.post-1068409446045114272015-11-23T22:20:00.001-08:002015-11-23T22:20:16.694-08:00SEBI signs Memorandum of Understanding on bilateral cooperation with the Bangladesh Securities and Exchange Commission<div dir="ltr"><br clear="all"><div><div class="gmail_signature"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><p style="color:rgb(44,44,44);font-family:Arial;font-size:15px;line-height:20px;text-align:justify">Securities and Exchange Board of India (SEBI) and the Bangladesh Securities and Exchange Commission (BSEC) signed a Memorandum of Understanding (MoU) on bilateral cooperation and technical assistance at Dhaka, Bangladesh on November 22, 2015.</p><p style="color:rgb(44,44,44);font-family:Arial;font-size:15px;line-height:20px;text-align:justify">The MoU was signed by Shri U.K. Sinha, Chairman, SEBI and Dr. M. Khairul Hossain, Chairman, BSEC in the presence of the Hon'ble Prime Minister of Bangladesh, Ms. Sheikh Hasina and the Hon'ble Finance Minister of Bangladesh, Mr. Abul Maal A. Muhith.</p><p style="color:rgb(44,44,44);font-family:Arial;font-size:15px;line-height:20px;text-align:justify">On this occasion, the Hon'ble Prime Minister, Ms. Sheikh Hasina said that with the signing of the MoU, door has opened up between the two countries in the capital market, one of the main streams of the economy. She further emphasized that the MoU will create an opportunity for strengthening the Bangladesh capital market utilizing the experience of SEBI.</p><p style="color:rgb(44,44,44);font-family:Arial;font-size:15px;line-height:20px;text-align:justify">Shri Sinha stated that SEBI has been actively engaging with the securities market regulators in the SAARC region. He also mentioned about the continuing co-operation between SEBI and BSEC and noted that the MoU will further facilitate training and technical assistance program between the two jurisdictions besides strengthening relations.</p><p style="color:rgb(44,44,44);font-family:Arial;font-size:15px;line-height:20px;text-align:justify">Dr. Hossain said that the presence of Hon'ble Prime Minister in the ceremony indicated the government's attention towards the development of capital market. He particularly appreciated the contribution of SEBI for the cooperation and support to Bangladesh Securities and Exchange Commission with respect to its becoming signatory to the multilateral Memorandum of understanding of International Organization of Securities Commissions (IOSCO). He also recalled the assistance received by BSEC from SEBI for its various reform initiatives in recent years.</p><p style="color:rgb(44,44,44);font-family:Arial;font-size:15px;line-height:20px;text-align:justify">The MoU, inter alia, seeks to promote further development of economic links and cooperation between the two signatories and aims at enhancing investor protection and creating conditions for an effective development of securities markets in the two countries.</p><p style="color:rgb(44,44,44);font-family:Arial;font-size:15px;line-height:20px;text-align:justify">In the past, SEBI has signed 20 bilateral MoUs with a number of countries. India and Bangladesh both are signatories to the multilateral MoU of <a href="https://webmail.sebi.gov.in/owa/redir.aspx?C=NNytNpJeTUK4tkiHCpuu5ZH9DOId99IIDku1VeDbNeUY9c-b-LAMMcXzGzOsduPUOLOWGEPcJYg.&URL=http%3a%2f%2fwww.iosco.org%2f" target="_blank">International Organization of Securities Commissions</a> (IOSCO).</p><br style="color:rgb(44,44,44);font-family:Arial;font-size:15px;line-height:20px;text-align:justify"><br style="color:rgb(44,44,44);font-family:Arial;font-size:15px;line-height:20px;text-align:justify"><span style="color:rgb(44,44,44);font-family:Arial;font-size:15px;line-height:20px;text-align:justify">Mumbai</span><br style="color:rgb(44,44,44);font-family:Arial;font-size:15px;line-height:20px;text-align:justify"><br style="color:rgb(44,44,44);font-family:Arial;font-size:15px;line-height:20px;text-align:justify"><span style="color:rgb(44,44,44);font-family:Arial;font-size:15px;line-height:20px;text-align:justify">November 23, 2015</span><br></div></div></div></div></div></div> </div> Anonymoushttp://www.blogger.com/profile/09507161689566835257noreply@blogger.com0tag:blogger.com,1999:blog-3630231041129980394.post-12234602940864061972015-11-18T22:30:00.001-08:002015-11-18T22:30:25.802-08:00MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 54/2015-Customs (ADD)<div dir="ltr"><p style="margin:0px 0px 5px;line-height:15px"> G.S.R. (E). Whereas, the designated authority, <em>vide</em> notification No. 15/8/2014-DGAD, dated the 15th July, 2014, published in the Gazette of India, Extraordinary, Part I, Section 1, had initiated a review in the matter of continuation of anti-dumping duty on imports of "Carbon Black used in rubber applications" (hereinafter referred to as the subject goods) falling under Chapter 28 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the Customs Tariff Act), originating in or exported from People's Republic of China, Russia and Thailand (hereinafter referred to as the subject countries) imposed <em>vide</em> notification of the Government of India, in the Ministry of Finance (Department of Revenue) No.9/2013-Customs(ADD), dated the 26th April, 2013, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), <em>vide</em> number G.S.R. 275(E), dated the 26th April, 2013; </p><p style="margin:0px 0px 5px;line-height:15px"> </p><p style="margin:0px 0px 5px;line-height:15px"> And whereas, the Central Government had extended the anti-dumping duty on the subject goods, originating in or exported from the subject countries up to and inclusive of the 29<sup>th</sup> July, 2015, <em>vide</em> notification of the Government of India, in the Ministry of Finance (Department of Revenue) No.31/2014-Customs (ADD), dated the 23rd July, 2014, published in Part II, Section 3, Sub-section (i) of the Gazette of India, Extraordinary, <em>vide</em> number G.S.R 526(E), dated the 23<sup>rd</sup> July, 2014; </p><p style="margin:0px 0px 5px;line-height:15px"> </p><p style="margin:0px 0px 5px;line-height:15px"> And whereas, in the matter of review of anti-dumping duty on import of the subject goods, originating in or exported from the subject countries, the designated authority in its final findings, published <em>vide</em> notification No. 15/8/2014-DGAD, dated the 1st October, 2015, in the Gazette of India, Extraordinary, Part I, Section 1, has come to the conclusion that- </p><p style="margin:0px 0px 5px;line-height:15px"> </p><p style="margin:0px 0px 5px;line-height:15px">(i) there is continued dumping of the subject goods from People's Republic of China and Russia;</p><p style="margin:0px 0px 5px;line-height:15px">(ii) dumping of the subject goods from People's Republic of China and Russia is likely to intensify should the current anti-dumping duty be revoked;</p><p style="margin:0px 0px 5px;line-height:15px">(iii) the anti-dumping duty on import of subject goods from Thailand is required to be revoked,</p><p style="margin:0px 0px 5px;line-height:15px"> </p><p style="margin:0px 0px 5px;line-height:15px">and has recommended imposition of the anti-dumping duty on the subject goods, originating in or exported from People's Republic of China and Russia. </p><p style="margin:0px 0px 5px;line-height:15px"> </p><p style="margin:0px 0px 5px;line-height:15px">Now, therefore, in exercise of the powers conferred by sub-sections (1) and (5) of section 9A of the Customs Tariff Act, read with rules 18 and 20 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995, the Central Government, after considering the aforesaid final findings of the designated authority, hereby imposes on the subject goods, the description of which is specified in column (3) of the Table below, falling under the tariff item of the First Schedule to the Customs Tariff Act as specified in the corresponding entry in column (2), originating in the countries as specified in the corresponding entry in column (4), exported from the countries as specified in the corresponding entry in column (5), produced by the producers as specified in the corresponding entry in column (6), exported by the exporters as specified in the corresponding entry in column (7), and imported into India, an anti-dumping duty at the rate equal to the amount as specified in the corresponding entry in column (8) in the currency as specified in the corresponding entry in column (10) and as per unit of measurement as specified in the corresponding entry in column (9) of the said Table, namely:-</p><p style="margin:0px 0px 5px;line-height:15px"> </p><p class="" style="margin:0px 0px 5px;line-height:15px;text-align:center">Table</p><table class="" style="padding:0px;border-spacing:1px;width:758px;background:rgb(202,214,232)"><tbody><tr><td style="vertical-align:top;padding:5px 8px;background:rgb(244,247,253)">Sl. No.</td><td style="vertical-align:top;padding:5px 8px;background:rgb(244,247,253)">Tariff item</td><td style="vertical-align:top;padding:5px 8px;background:rgb(244,247,253)">Description of goods*</td><td style="vertical-align:top;padding:5px 8px;background:rgb(244,247,253)">Country of origin</td><td style="vertical-align:top;padding:5px 8px;background:rgb(244,247,253)">Country of export</td><td style="vertical-align:top;padding:5px 8px;background:rgb(244,247,253)">Producer</td><td style="vertical-align:top;padding:5px 8px;background:rgb(244,247,253)">Exporter</td><td style="vertical-align:top;padding:5px 8px;background:rgb(244,247,253)">Amount</td><td style="vertical-align:top;padding:5px 8px;background:rgb(244,247,253)">Unit of measurement</td><td style="vertical-align:top;padding:5px 8px;background:rgb(244,247,253)">Currency</td></tr><tr><td style="vertical-align:top;padding:5px 8px;background:rgb(255,255,255)">(1)</td><td style="vertical-align:top;padding:5px 8px;background:rgb(255,255,255)">(2)</td><td style="vertical-align:top;padding:5px 8px;background:rgb(255,255,255)">(3)</td><td style="vertical-align:top;padding:5px 8px;background:rgb(255,255,255)">(4)</td><td style="vertical-align:top;padding:5px 8px;background:rgb(255,255,255)">(5)</td><td style="vertical-align:top;padding:5px 8px;background:rgb(255,255,255)">(6)</td><td style="vertical-align:top;padding:5px 8px;background:rgb(255,255,255)">(7)</td><td style="vertical-align:top;padding:5px 8px;background:rgb(255,255,255)">(8)</td><td style="vertical-align:top;padding:5px 8px;background:rgb(255,255,255)">(9)</td><td style="vertical-align:top;padding:5px 8px;background:rgb(255,255,255)">(10)</td></tr><tr><td style="vertical-align:top;padding:5px 8px;background:rgb(244,247,253)">1</td><td style="vertical-align:top;padding:5px 8px;background:rgb(244,247,253)">2803 00 10</td><td style="vertical-align:top;padding:5px 8px;background:rgb(244,247,253)">Carbon Black used in rubber applications</td><td style="vertical-align:top;padding:5px 8px;background:rgb(244,247,253)">People's Republic of China</td><td style="vertical-align:top;padding:5px 8px;background:rgb(244,247,253)">People's Republic of China</td><td style="vertical-align:top;padding:5px 8px;background:rgb(244,247,253)"> (i) Wuhai Black Cat Carbon Black Co., Ltd <br> (ii) Handan Black Cat Carbon Black Co. Ltd<br>(iii) Chaoyang Black Cat Carbon Black Inc., Ltd <br>(iv) Hancheng Black Cat Carbon Black Co., Ltd <br> (v) Tangshan Black Cat Carbon Black Inc. Ltd <br>(vi) Taiyuan Black Cat Carbon Black Co., Ltd</td><td style="vertical-align:top;padding:5px 8px;background:rgb(244,247,253)">Jiangxi<br>Black Cat<br>CarbonBlack Co. Ltd</td><td style="vertical-align:top;padding:5px 8px;background:rgb(244,247,253)">397.10</td><td style="vertical-align:top;padding:5px 8px;background:rgb(244,247,253)">Metric<br>Tonne</td><td style="vertical-align:top;padding:5px 8px;background:rgb(244,247,253)">US<br>Dollar</td></tr><tr><td style="vertical-align:top;padding:5px 8px;background:rgb(255,255,255)">2</td><td style="vertical-align:top;padding:5px 8px;background:rgb(255,255,255)">2803 00 10</td><td style="vertical-align:top;padding:5px 8px;background:rgb(255,255,255)">Carbon Black used in rubber applications</td><td style="vertical-align:top;padding:5px 8px;background:rgb(255,255,255)">People's Republic of China</td><td style="vertical-align:top;padding:5px 8px;background:rgb(255,255,255)">Any</td><td style="vertical-align:top;padding:5px 8px;background:rgb(255,255,255)">Any</td><td style="vertical-align:top;padding:5px 8px;background:rgb(255,255,255)">Any</td><td style="vertical-align:top;padding:5px 8px;background:rgb(255,255,255)">494.00</td><td style="vertical-align:top;padding:5px 8px;background:rgb(255,255,255)">Metric<br>Tonne</td><td style="vertical-align:top;padding:5px 8px;background:rgb(255,255,255)">US<br>Dollar</td></tr><tr><td style="vertical-align:top;padding:5px 8px;background:rgb(244,247,253)">3</td><td style="vertical-align:top;padding:5px 8px;background:rgb(244,247,253)">2803 00 10</td><td style="vertical-align:top;padding:5px 8px;background:rgb(244,247,253)">Carbon Black used in rubber applications</td><td style="vertical-align:top;padding:5px 8px;background:rgb(244,247,253)">Any</td><td style="vertical-align:top;padding:5px 8px;background:rgb(244,247,253)">People's Republic of China</td><td style="vertical-align:top;padding:5px 8px;background:rgb(244,247,253)">Any</td><td style="vertical-align:top;padding:5px 8px;background:rgb(244,247,253)">Any</td><td style="vertical-align:top;padding:5px 8px;background:rgb(244,247,253)">494.00</td><td style="vertical-align:top;padding:5px 8px;background:rgb(244,247,253)">Metric<br>Tonne</td><td style="vertical-align:top;padding:5px 8px;background:rgb(244,247,253)">US<br>Dollar</td></tr><tr><td style="vertical-align:top;padding:5px 8px;background:rgb(255,255,255)">4</td><td style="vertical-align:top;padding:5px 8px;background:rgb(255,255,255)">2803 00 10</td><td style="vertical-align:top;padding:5px 8px;background:rgb(255,255,255)">Carbon Black used in rubber applications</td><td style="vertical-align:top;padding:5px 8px;background:rgb(255,255,255)">Russia</td><td style="vertical-align:top;padding:5px 8px;background:rgb(255,255,255)">Russia</td><td style="vertical-align:top;padding:5px 8px;background:rgb(255,255,255)">Any</td><td style="vertical-align:top;padding:5px 8px;background:rgb(255,255,255)">Any</td><td style="vertical-align:top;padding:5px 8px;background:rgb(255,255,255)">36.17</td><td style="vertical-align:top;padding:5px 8px;background:rgb(255,255,255)">Metric<br>Tonne</td><td style="vertical-align:top;padding:5px 8px;background:rgb(255,255,255)">US<br>Dollar</td></tr><tr><td style="vertical-align:top;padding:5px 8px;background:rgb(244,247,253)">5</td><td style="vertical-align:top;padding:5px 8px;background:rgb(244,247,253)">2803 00 10</td><td style="vertical-align:top;padding:5px 8px;background:rgb(244,247,253)">Carbon Black used in rubber applications</td><td style="vertical-align:top;padding:5px 8px;background:rgb(244,247,253)">Russia</td><td style="vertical-align:top;padding:5px 8px;background:rgb(244,247,253)">Any</td><td style="vertical-align:top;padding:5px 8px;background:rgb(244,247,253)">Any</td><td style="vertical-align:top;padding:5px 8px;background:rgb(244,247,253)">Any</td><td style="vertical-align:top;padding:5px 8px;background:rgb(244,247,253)">36.17</td><td style="vertical-align:top;padding:5px 8px;background:rgb(244,247,253)">Metric<br>Tonne</td><td style="vertical-align:top;padding:5px 8px;background:rgb(244,247,253)">US<br>Dollar</td></tr><tr><td style="vertical-align:top;padding:5px 8px;background:rgb(255,255,255)">6</td><td style="vertical-align:top;padding:5px 8px;background:rgb(255,255,255)">2803 00 10</td><td style="vertical-align:top;padding:5px 8px;background:rgb(255,255,255)">Carbon Black used in rubber applications</td><td style="vertical-align:top;padding:5px 8px;background:rgb(255,255,255)">Any</td><td style="vertical-align:top;padding:5px 8px;background:rgb(255,255,255)">Russia</td><td style="vertical-align:top;padding:5px 8px;background:rgb(255,255,255)">Any</td><td style="vertical-align:top;padding:5px 8px;background:rgb(255,255,255)">Any</td><td style="vertical-align:top;padding:5px 8px;background:rgb(255,255,255)">36.17</td><td style="vertical-align:top;padding:5px 8px;background:rgb(255,255,255)">Metric<br>Tonne</td><td style="vertical-align:top;padding:5px 8px;background:rgb(255,255,255)">US<br>Dollar</td></tr></tbody></table><p style="margin:0px 0px 5px;line-height:15px"> </p><p style="margin:0px 0px 5px;line-height:15px">*Note: Thermal Black and Carbon Black grade meant for semi conductive compound applications are excluded from the scope of the product under consideration.</p><p style="margin:0px 0px 5px;line-height:15px"> </p><p style="margin:0px 0px 5px;line-height:15px">2. The anti-dumping duty imposed under this notification shall be effective for a period of five years (unless revoked, superseded or amended earlier) from the date of publication of this notification in the Official Gazette and shall be paid in Indian currency.</p><p style="margin:0px 0px 5px;line-height:15px"><em> </em></p><p style="margin:0px 0px 5px;line-height:15px"><em>Explanation.- </em> For the purposes of this notification, rate of exchange applicable for the purpose of calculation of such anti-dumping duty shall be the rate which is specified in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), issued from time to time, in exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and the relevant date for the determination of the rate of exchange shall be the date of presentation of the bill of entry under section 46 of the said Customs Act. </p><p class="" style="margin:0px 0px 5px;line-height:15px;text-align:right"> </p><p class="" style="margin:0px 0px 5px;line-height:15px;text-align:right"> [F.No.354/130/2009-TRU (Pt.-I)] </p><p class="" style="margin:0px 0px 5px;line-height:15px;text-align:right"><br></p><p class="" style="margin:0px 0px 5px;line-height:15px;text-align:right"> (Anurag Sehgal)</p><p class="" style="margin:0px 0px 5px;line-height:15px;text-align:right">Under Secretary to the Government of India</p><p style="margin:0px 0px 5px;line-height:15px"><br></p><div><div class="gmail_signature"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><br></div></div></div></div></div></div> </div> Anonymoushttp://www.blogger.com/profile/09507161689566835257noreply@blogger.com0tag:blogger.com,1999:blog-3630231041129980394.post-8577162703686720472015-11-18T21:59:00.001-08:002015-11-18T21:59:34.881-08:00Clarification regarding unauthenticated reports on conciliation in the Vodafone case-reg.<div dir="ltr">Clarification regarding unauthenticated reports on conciliation in the Vodafone case-reg. There are some unauthenticated stories in media about offer of conciliation of Vodafone case outside arbitration. Vodafone has in a written communication expressed its desire to go for conciliation for its tax disputes with India. In response, the Government has held one preliminary meeting to explore terms of reference of such a conciliation on 10th October. We have not yet finalised contours of Terms of Reference. There would be more follow up meetings required. Media may kindly refrain from publishing unauthenticated stories on this.<br> </div> Anonymoushttp://www.blogger.com/profile/09507161689566835257noreply@blogger.com0tag:blogger.com,1999:blog-3630231041129980394.post-69690512572704936592015-11-09T23:09:00.002-08:002015-11-09T23:09:31.521-08:00Happy Diwali From Team Proglobalcorp <div dir="ltr" style="text-align: left;" trbidi="on">
<div class="separator" style="clear: both; text-align: center;">
<a href="https://proglobalcorp.files.wordpress.com/2013/11/happy-diwali-from-proglobalcorp.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="270" src="https://proglobalcorp.files.wordpress.com/2013/11/happy-diwali-from-proglobalcorp.jpg" width="640" /></a></div>
<br /></div>
Anonymoushttp://www.blogger.com/profile/09507161689566835257noreply@blogger.com0India20.593684 78.962880000000041-8.5806465 37.654286000000042 49.7680145 120.27147400000004tag:blogger.com,1999:blog-3630231041129980394.post-8793426344171793682015-11-04T20:14:00.000-08:002015-11-04T20:14:32.627-08:00Format of Quartely Holding pattern,Corporate Governance report norms and IDR<div dir="ltr" style="text-align: left;" trbidi="on">
<iframe allowfullscreen="" frameborder="0" height="510" marginheight="0" marginwidth="0" scrolling="no" src="//www.slideshare.net/slideshow/embed_code/key/scPFw74vM3NK3M" style="border-width: 1px; border: 1px solid #CCC; margin-bottom: 5px; max-width: 100%;" width="477"> </iframe> <br />
<div style="margin-bottom: 5px;">
<strong> <a href="https://www.slideshare.net/proglobalcorpindia/reporting-idr-quarterly-format-distribution" target="_blank" title="Reporting IDR quarterly format, distribution ">Reporting IDR quarterly format, distribution </a> </strong> from <strong><a href="https://www.slideshare.net/proglobalcorpindia" target="_blank">Proglobalcorp India</a></strong> </div>
</div>
Anonymoushttp://www.blogger.com/profile/09507161689566835257noreply@blogger.com0India20.593684 78.962880000000041-8.5806465 37.654286000000042 49.7680145 120.27147400000004tag:blogger.com,1999:blog-3630231041129980394.post-833653533588025932015-10-26T01:03:00.002-07:002015-10-26T01:03:37.626-07:00Format of MGT8,Companies Act, 2013 (Annual Filling Helpline01143558440)<div dir="ltr" style="text-align: left;" trbidi="on">
<div align="center" class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: center;">
<b><span style="font-family: Courier New, Courier, monospace;">FORM
NO. MGT-8<o:p></o:p></span></b></div>
<div align="center" class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: center;">
<i><span style="font-family: Courier New, Courier, monospace;">[Pursuant to section 92(2) of the Companies Act,
2013 and rule 11(2) of Companies<o:p></o:p></span></i></div>
<div align="center" class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: center;">
<span style="font-family: Courier New, Courier, monospace;"><i>(Management and Administration) Rules, 2014</i>]<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<br /></div>
<div align="center" class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: center;">
<b><span style="font-family: Courier New, Courier, monospace;">Certificate
by a Practicing Company Secretary<o:p></o:p></span></b></div>
<div align="center" class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: center;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<span style="font-family: Courier New, Courier, monospace;">I/We have
examined the registers, records and books and papers of ...............
Limited/PrivateLimited (the Company) as required to be maintained under the
Companies Act,2013 (‘the Act’) and the rules made thereunder for the financial
year ended on ............,2015. In my/our opinion and to the best of my
information and according to theexaminations carried out by me/us and
explanations furnished to me/us by the company,its officers and agents, I/we
certify that :<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<span style="font-family: Courier New, Courier, monospace;"><b>A</b><b>.</b> the annual return states the facts as
at the close of the aforesaid financial yearcorrectly and adequately.<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<span style="font-family: Courier New, Courier, monospace;"><b>B.</b>during the aforesaid
financial year the company has complied with provisionsof the Act & Rules
made there under in respect of :<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<span style="font-family: Courier New, Courier, monospace;"><b>1.</b>its status under
the Act ;<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<span style="font-family: Courier New, Courier, monospace;"><b>2.</b>maintenance of
registers/records & making entries therein within thetime prescribed
therefor ;<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<span style="font-family: Courier New, Courier, monospace;"><b>3.</b>filing of forms
and returns as stated in the annual return, with the Registrarof Companies,
Regional Director, Central Government, the Tribunal ,Court or other authorities
within/beyond the prescribed time ;<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<span style="font-family: Courier New, Courier, monospace;"><b>4.</b>calling/convening/holding
meetings of Board of directors or itscommittees, if any, and the meetings of
the members of the company ondue dates as stated in the annual return in
respect of which meetings,proper notices were given and the proceedings
including the circularresolutions and resolutions passed by postal ballot, if
any, have beenproperly recorded in the Minute Book/registers maintained for
thepurpose and the same have been signed;<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<span style="font-family: Courier New, Courier, monospace;"><b>5.</b>closure of
register of members/Security holders, as the case may be.<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<span style="font-family: Courier New, Courier, monospace;"><b>6.</b>advances/loans
to its directors and/or persons or firms or companiesreferred in section 185 of
the Act;<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<span style="font-family: Courier New, Courier, monospace;"><b>7.</b>contracts/arrangements
with related parties as specified in section 188of the Act;<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<span style="font-family: Courier New, Courier, monospace;"><b>8.</b>issue or
allotment or transfer or transmission or buy back of securities/redemption of
preference shares or debentures/alteration or reductionof share
capital/conversion of shares/securities and issue of securitycertificates in
all instances ;<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<span style="font-family: Courier New, Courier, monospace;"><b>9.</b>keeping in
abeyance the rights to dividend, rights shares and bonusshares pending
registration of transfer of shares in compliance with theprovisions of the Act<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<span style="font-family: Courier New, Courier, monospace;"><b>10.</b>declaration/payment
of dividend; transfer of unpaid/unclaimed dividend/other amounts as applicable
to the Investor Education and ProtectionFund in accordance with section 125 of
the Act;<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<span style="font-family: Courier New, Courier, monospace;"><b>11.</b>signing of
audited financial statement as per the provisions of section134 of the Act and
report of directors is as per sub - sections (3), (4) and(5) thereof ;<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<span style="font-family: Courier New, Courier, monospace;"><b>12.</b>constitution/appointment/re-appointments/retirement/filling
up casualvacancies/disclosures of the Directors, Key Managerial Personnel
andthe remuneration paid to them;<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<span style="font-family: Courier New, Courier, monospace;"><b>13.</b>appointment/reappointment/filling
up casual vacancies of auditors asper the provisions of section 139 of the Act;<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<span style="font-family: Courier New, Courier, monospace;"><b>14.</b>approvals
required to be taken from the Central Government, Tribunal,Regional Director,
Registrar, Court or such other authorities under the various provisions of the
Act;<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<span style="font-family: Courier New, Courier, monospace;"><b>15.</b>acceptance/renewal/repayment
of deposits;<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<span style="font-family: Courier New, Courier, monospace;"><b>16</b><b>.</b>borrowings from its directors, members,
public financial institutions,banks and others and creation/modification/satisfaction
of charges inthat respect, wherever applicable;<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<span style="font-family: Courier New, Courier, monospace;"><b>17.</b>loans and
investments or guarantees given or providing of securities toother bodies
corporate or persons falling under the provisions of section186 of the Act;<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<span style="font-family: Courier New, Courier, monospace;"><b>18.</b>alteration of
the provisions of the memorandum and/or articles of association of the company;<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<b><span style="font-family: Courier New, Courier, monospace;">Place : ……………………….<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<span style="font-family: Courier New, Courier, monospace;"><b>Date : </b> <b>Sharma</b></span></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<b style="text-indent: 0.5in;"><span style="font-family: Courier New, Courier, monospace;">C. P. No. : zzzzzz</span></b></div>
<div class="MsoNormal" style="margin: 0in 0in 0.0001pt 3.5in; text-align: justify; text-indent: 0.5in;">
<b><span style="font-family: Courier New, Courier, monospace;"><br /></span></b></div>
<div class="MsoNormal" style="margin: 0in 0in 0.0001pt 3.5in; text-align: left; text-indent: 0.5in;">
<br /></div>
<div class="MsoNormal" style="margin: 0in 0in 0.0001pt 3.5in; text-align: left; text-indent: 0.5in;">
<b><span style="font-family: Courier New, Courier, monospace;"><br /></span></b></div>
<div class="MsoNormal" style="margin: 0in 0in 0.0001pt 3.5in; text-align: left; text-indent: 0.5in;">
<b><span style="font-family: Courier New, Courier, monospace;"><br /></span></b></div>
<div class="MsoNormal" style="margin: 0in 0in 0.0001pt 3.5in; text-align: left; text-indent: 0.5in;">
<br /></div>
<div class="MsoNormal" style="margin: 0in 0in 0.0001pt 3.5in; text-align: left; text-indent: 0.5in;">
<br /></div>
<div class="MsoNormal" style="margin: 0in 0in 0.0001pt 3.5in; text-align: left; text-indent: 0.5in;">
<br /></div>
<div class="MsoNormal" style="margin: 0in 0in 0.0001pt 3.5in; text-align: left; text-indent: 0.5in;">
<br /></div>
<div class="MsoNormal" style="margin: 0in 0in 0.0001pt 3.5in; text-align: justify; text-indent: 0.5in;">
<br /></div>
<div class="MsoNormal" style="margin: 0in 0in 0.0001pt 3.5in; text-align: justify; text-indent: 0.5in;">
<b><span style="font-family: Courier New, Courier, monospace;"><br /></span></b></div>
<div class="MsoNormal" style="margin: 0in 0in 0.0001pt 3.5in; text-align: justify; text-indent: 0.5in;">
<b><span style="font-family: Courier New, Courier, monospace;"><br /></span></b></div>
</div>
Anonymoushttp://www.blogger.com/profile/09507161689566835257noreply@blogger.com0India20.593684 78.962880000000041-8.5806465 37.654286000000042 49.7680145 120.27147400000004tag:blogger.com,1999:blog-3630231041129980394.post-79573867283675532832015-10-21T01:19:00.000-07:002015-10-21T01:19:40.491-07:00Forms under Companies Act, 2013<iframe src="//www.slideshare.net/slideshow/embed_code/key/zxwgidMBiGcIR1" width="477" height="510" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" style="border:1px solid #CCC; border-width:1px; margin-bottom:5px; max-width: 100%;" allowfullscreen> </iframe> <div style="margin-bottom:5px"> <strong> <a href="//www.slideshare.net/proglobalcorpindia/forms-under-companies-act-2013" title="Forms under Companies Act, 2013" target="_blank">Forms under Companies Act, 2013</a> </strong> from <strong><a href="//www.slideshare.net/proglobalcorpindia" target="_blank">Proglobalcorp India</a></strong> </div>Anonymoushttp://www.blogger.com/profile/09507161689566835257noreply@blogger.comtag:blogger.com,1999:blog-3630231041129980394.post-25405444573297396442015-10-12T01:05:00.002-07:002015-10-12T01:05:42.088-07:00FAQ on Annual Filings 2014-15<div dir="ltr" style="text-align: left;" trbidi="on">
<div align="center" class="MsoNormal" style="text-align: center;">
<b><span style="background: white; color: #2e74b5; font-family: "Arial","sans-serif"; font-size: 18.0pt; line-height: 107%; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">FAQ on Annual
Filings 2014-15<o:p></o:p></span></b></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="background: white; color: #2e74b5; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">Q1. Whether
ratification of appointment of Auditors at AGM requires submission of Form -
ADT 1?<o:p></o:p></span></b></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">Ans: </span></b><span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";"> Form ADT-1 is required to be filed only
at the time of appointment not for the subsequent Ratification.<o:p></o:p></span></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="background: white; color: #2e74b5; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">Q2.
Whether SRN of the Form GLN 2 filed for the appointment of Auditor is valid for
filling SRN of ADT 1 required in Form AOC 4?<o:p></o:p></span></b></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">Ans:</span></b><span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">SRN of GNL-2 is a valid SRN required to be
disclosed while filling AOC-4. The same has been enabled by MCA in the said
form.<o:p></o:p></span></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="background: white; color: #2e74b5; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">Q3.
Whether ADT 1 is required to be filled for the appointment of first auditor of
the company?<o:p></o:p></span></b></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">Ans: </span></b><span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">No, ADT 1 is not required to
be filled for the appointment of first auditor.<o:p></o:p></span></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="background: white; color: #2e74b5; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">Q4.
What is to be filled in AOC 4 in place of SRN of ADT 1, in case of filing of
first financial of the company?<o:p></o:p></span></b></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">Ans:</span></b><span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";"> In place of the SRN of the
ADT 1, Z99999999 is to be filled and the same will be soon activated by the
Ministry in the AOC 4 form.<o:p></o:p></span></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="background: white; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="color: #2e74b5; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">Q5. Is this
mandatory to file MGT 14 for MBP 1 i.e. disclosure of interest by directors by
all public company and subsidiary to public company?</span></b><span style="color: #2e74b5; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;"><o:p></o:p></span></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">Ans:</span></b><span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";"> MCA vide Notification G.S.R
206(E) Dated 18th- March -2015 has clarified that Companies are
not required to file any form with registrar for disclosure of interest by
directors.<o:p></o:p></span></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="background: white; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="color: #2e74b5; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">Q6. Is it mandatory to file e-Form MGT 14 for the
Board Resolution to approve financial statement and the Board’s report by all
the Companies?<o:p></o:p></span></b></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">Ans:</span></b><span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";"> E-form MGT 14 is required to
be filed for the Board Resolution to approve Financial Statement and the
Board’s report only by Public Companies and its subsidiaries. </span><a href="http://www.mca.gov.in/Ministry/pdf/Exemptions_to_private_companies_05062015.pdf"><span style="background: white; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">MCA vide its notification dated 5/06/2015</span></a><span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";"> has exempted Private
Companies for filing MGT 14 under Section 117 of the Companies Act, 2013.<o:p></o:p></span></div>
<div class="MsoNormal" style="background: white; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="background: white; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="color: #2e74b5; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">Q7. Which date should
be filled in AOC 4 for the date on which financial statement has been approved?
<o:p></o:p></span></b></div>
<div class="MsoNormal" style="background: white; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #222222; font-family: Arial, sans-serif;">Ans:</span></b><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #222222; font-family: Arial, sans-serif;">In this case the date of the
board meeting in which the Board of Directors approved the financial and sent
it back to the Auditor for their reports thereon shall be entered.<o:p></o:p></span></div>
<div class="MsoNormal" style="background: white; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="background: white; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="color: #2e74b5; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">Q8. Can the company
change its e-mail id and telephone number in the form, as the same is
prefilled?<o:p></o:p></span></b></div>
<div class="MsoNormal" style="background: white; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #222222; font-family: Arial, sans-serif;">Ans:</span></b><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #222222; font-family: Arial, sans-serif;"> Yes, e-mail id and telephone
number can be changed in the form and the same will be updated in the master
data too. </span><span style="color: #2e74b5; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-bidi-font-weight: bold; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;"><o:p></o:p></span></div>
<div class="MsoNormal" style="background: white; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #222222; font-family: Arial, sans-serif;"><br />
</span><b><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #2e74b5; font-family: Arial, sans-serif;">Q9. Whether the auditor can sign the
balance sheet before the same is approved from the board?</span></b><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #2e74b5; font-family: Arial, sans-serif;"><br />
</span><b><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #222222; font-family: Arial, sans-serif;">Ans:</span></b><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #222222; font-family: Arial, sans-serif;"> No, an auditor can't sign
the balance sheet before the same is approved from the board.<br />
<!--[if !supportLineBreakNewLine]--><br />
<!--[endif]--><o:p></o:p></span></div>
<div class="MsoNormal" style="background: white; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #2e74b5; font-family: Arial, sans-serif;">Q10. Can
a company send balance sheet and auditor’s report at a shorter period i.e. less
than 21 days before the AGM as like shorter notice?</span></b><b><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #222222; font-family: Arial, sans-serif;"><o:p></o:p></span></b></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">Ans:</span></b><span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";"> The matter has been examined by MCA and
it has been clarified vide <b>Circular No.11/2015</b> dated
21-07-2015 that a company holding a general meeting after giving a shorter
notice as provided under section 101 of the Act may also circulate financial
statements (to be laid/considered in the same general meeting) at such shorter
notice.<o:p></o:p></span></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";"><br />
</span><b><span style="background: white; color: #2e74b5; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">Q11. What are the limits viz. paid up
capital and turnover for XBRL fillings applicable for F.Y. 2014-15?<o:p></o:p></span></b></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">Ans:</span></b><span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";"> The following class of companies are
required to file their financial statement and documents under section 137
of the Companies Act ,2013 in e-form AOC-4 XBRL for the financial years
commencing on or after 1st of April ,2014<o:p></o:p></span></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in;">
<b><span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">(a)</span></b><span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";"> all companies listed with any Stock
Exchange(s) in India and their Indian subsidiaries; <b>or</b></span><span style="color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";"><br />
<b><span style="background: white;">(b) </span></b><span style="background: white;">all
companies having paid up capital of rupees five crore or above;</span><br />
<b><span style="background: white;">(c)</span></b><span style="background: white;"> all
companies having turnover of rupees hundred crore or above; <b>or</b></span><br />
<b><span style="background: white;">(d) </span></b><span style="background: white;">all
companies which were hitherto covered under the Companies (Filing of Documents)
and Forms in Extensible Business Reporting Language) Rules, 2011.<o:p></o:p></span></span></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in;">
<br /></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">Provided that the companies in Banking,
insurance, Power Sector and Non- Banking Financial companies are exempted from
XBRL filing<o:p></o:p></span></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in;">
<b><span style="background: white; color: #2e74b5; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">Q12.
When auditor of the Company is changed during the year then SRN of which ADT 1
is to be filled in the form AOC 4?<o:p></o:p></span></b></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in;">
<b><span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">Ans:</span></b><span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";"> If the auditor has been
changed during the year then the SRN of the ADT 1 for the appointment of the
auditor who has signed the balance sheet is to be entered.<o:p></o:p></span></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in;">
<br /></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="background: white; color: #2e74b5; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">Q13.
What to do in Form AOC 4 if the company has more than 20 subsidiaries as form
is accepting details of only 20 subsidiaries?<o:p></o:p></span></b></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">Ans:</span></b><span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";"> If the company has more than
20 subsidiary companies then, a separate sheet containing the details of the
subsidiaries in the same format as in the form is to be attached along with the
form. The same is be followed for other details also. <o:p></o:p></span></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="background: white; color: #2e74b5; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">Q14.
What to be filled for the product or service category code (ITC/ NPCS code), if
the code is of more than 4 digits?<o:p></o:p></span></b></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">Ans:</span></b><span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";"> If the ITC/ NPCS code is of
more than 4 digit then, it is suggested to enter last 4 digit of the code.<o:p></o:p></span></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="background: white; color: #2e74b5; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">Q15.
Whether it is correct to pass a resolution in the general meeting to approve
and take note of the balance sheet and Profit and Loss account of the company?<o:p></o:p></span></b></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">Ans:</span></b><span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";"> No, the company have to get
its financial statement approved in the general meeting, not only Balance Sheet
and Profit and Loss account. For details refer the definition of the financial
statement.<o:p></o:p></span></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="background: white; color: #2e74b5; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">Q16.
If the director who has signed the financial statements has resigned after that
and his form for the resigned is being filled but while entering the details of
the signatories of the financial statement, the details of the resigned
director is being not accepted. What to do such a situation?<o:p></o:p></span></b></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">Ans: </span></b><span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">The AOC 4 form is not
accepting the details of the resigned director and it is a technical error in
the form so, raise a ticket on the MCA21 portal in this regard then the back
office will facilitate to upload such form.<o:p></o:p></span></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="background: white; color: #2e74b5; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">Q17.
Whether amount allocated by the company to the NGO or other allowed
organizations but not expended by them will be CSR expenditure for the company
or not?<o:p></o:p></span></b></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">Ans: </span></b><span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">The amount allocated by the
company is considered as expenditure for filing the details in form AOC 4.<o:p></o:p></span></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="background: white; color: #2e74b5; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">Q18.
If the authorized capital of the company appearing on the balance sheet and on
the MCA portal differs then what to do as the same is prefilled in the form?<o:p></o:p></span></b></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">Ans:</span></b><span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";"> If the authorized capital of
the company is altered by the company and has not filed the Form SH 7 for the
alteration in the authorized capital then, the company need to file Form SH 7
first in order to get the data corrected.<o:p></o:p></span></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">If the company has filed the form for the
alteration of the capital but still there is mismatch then, the company have to
get its master data corrected first.<o:p></o:p></span></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="background: white; color: #2e74b5; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">Q19.
Whether the company listed on the regional stock exchange but now derecognized
is still considered as listed company or considered as unlisted company for
filling the details in the form MGT 7?<o:p></o:p></span></b></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">Ans:</span></b><span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";"> Yes, the company is still
considered as listed company if the company has not followed the procedures for
the delisting. SEBI has also clarified in this matter that these companies are
not required to do listing compliances but still consider as listed company
unless and until the company gets itself delisted.<o:p></o:p></span></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="background: white; color: #2e74b5; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">Q20.
What to fill in the form MGT 7 required to be filled for the details of the
holding, subsidiary, joint ventures and associate companies, if the FCRN number
of any company is not available?<o:p></o:p></span></b></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">Ans:</span></b><span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";"> If the FCRN number of any
company is not available then, the details of that company can be left out
while filling the form.<o:p></o:p></span></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="background: white; color: #2e74b5; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">Q21.
What to fill in the Form MGT 7 in details asking for the Type of Board Meeting?<o:p></o:p></span></b></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">Ans: </span></b><span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">You are requested to download
the fresh form and fill the same as in the updated form the requirement of the
same has been removed.<o:p></o:p></span></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="background: white; color: #2e74b5; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">Q22.
Is there any limit for pre-certifying the Form MGT 7 by a Practicing Company
Secretary?<o:p></o:p></span></b></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">Ans:</span></b><span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";"> No, there is no as such
limit for number of forms which can be certified by a PCS. The limit of 80
companies is for MGT 8.<o:p></o:p></span></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; tab-stops: 57.0pt; text-align: justify;">
<span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";"> <o:p></o:p></span></div>
<div class="MsoNormal" style="background: #FEFEFE; line-height: 13.65pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><u><span style="background: white; color: #222222; font-family: "Arial","sans-serif"; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">Note:
If you are facing any other problems while filing any forms or need any
assistance, do write to us we will assist you in all possible manner. <o:p></o:p></span></u></b></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<br /></div>
<div class="MsoNormal" style="background: white; margin-bottom: .0001pt; margin-bottom: 0in;">
<b><span style="color: #222222; font-size: 16.0pt; line-height: 107%; mso-bidi-font-size: 14.0pt; mso-fareast-language: EN-ZW;">Best regards,<o:p></o:p></span></b></div>
<div class="MsoNormal" style="background: white; margin-bottom: .0001pt; margin-bottom: 0in;">
<b><span style="color: #222222; font-size: 16.0pt; line-height: 107%; mso-bidi-font-size: 14.0pt; mso-fareast-language: EN-ZW;">Prince Kumar | Associate<o:p></o:p></span></b></div>
<div class="MsoNormal" style="background: white; margin-bottom: .0001pt; margin-bottom: 0in;">
<b><span style="color: #222222; font-size: 16.0pt; line-height: 107%; mso-bidi-font-size: 14.0pt; mso-fareast-language: EN-ZW;">Proglobal Corp<o:p></o:p></span></b></div>
<div class="MsoNormal" style="background: white; margin-bottom: .0001pt; margin-bottom: 0in;">
<b><span style="font-family: "Arial","sans-serif"; font-size: 16.0pt; line-height: 107%; mso-bidi-font-size: 14.0pt; mso-no-proof: yes;"><!--[if gte vml 1]><v:shapetype
id="_x0000_t75" coordsize="21600,21600" o:spt="75" o:preferrelative="t"
path="m@4@5l@4@11@9@11@9@5xe" filled="f" stroked="f">
<v:stroke joinstyle="miter"/>
<v:formulas>
<v:f eqn="if lineDrawn pixelLineWidth 0"/>
<v:f eqn="sum @0 1 0"/>
<v:f eqn="sum 0 0 @1"/>
<v:f eqn="prod @2 1 2"/>
<v:f eqn="prod @3 21600 pixelWidth"/>
<v:f eqn="prod @3 21600 pixelHeight"/>
<v:f eqn="sum @0 0 1"/>
<v:f eqn="prod @6 1 2"/>
<v:f eqn="prod @7 21600 pixelWidth"/>
<v:f eqn="sum @8 21600 0"/>
<v:f eqn="prod @7 21600 pixelHeight"/>
<v:f eqn="sum @10 21600 0"/>
</v:formulas>
<v:path o:extrusionok="f" gradientshapeok="t" o:connecttype="rect"/>
<o:lock v:ext="edit" aspectratio="t"/>
</v:shapetype><v:shape id="_x0000_i1025" type="#_x0000_t75" style='width:87.75pt;
height:70.5pt;visibility:visible'>
<v:imagedata src="file:///C:\Users\Gaurav\AppData\Local\Temp\msohtmlclip1\01\clip_image001.jpg"
o:href="cid:image001.jpg@01D0FF83.5C6A1880"/>
</v:shape><![endif]--><!--[if !vml]--><!--[endif]--></span></b><span style="font-family: "Arial","sans-serif"; font-size: 16.0pt; line-height: 107%; mso-bidi-font-size: 14.0pt; mso-fareast-language: EN-ZW;"><o:p></o:p></span></div>
<div class="MsoNormal" style="background: white; margin-bottom: .0001pt; margin-bottom: 0in;">
<b><span style="font-size: 16.0pt; line-height: 107%; mso-bidi-font-size: 14.0pt; mso-fareast-language: EN-ZW;">Address:</span></b><span style="font-size: 16.0pt; line-height: 107%; mso-bidi-font-size: 14.0pt; mso-fareast-language: EN-ZW;">
46A, 1<sup>st</sup> Floor, Amar Plaza, IP Extension, Delhi-110092</span><span style="font-size: 16.0pt; line-height: 107%; mso-ascii-font-family: Calibri; mso-bidi-font-family: "Times New Roman"; mso-bidi-font-size: 14.0pt; mso-fareast-language: EN-ZW; mso-hansi-font-family: Calibri;"><o:p></o:p></span></div>
<div class="MsoNormal" style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; margin-bottom: 0.0001pt;">
<b style="background-color: white;"><span style="font-size: 16.0pt; line-height: 107%; mso-bidi-font-size: 14.0pt; mso-fareast-language: EN-ZW;"><br /></span></b></div>
<div class="MsoNormal" style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; margin-bottom: 0.0001pt;">
<b style="background-color: white;"><span style="font-size: 16.0pt; line-height: 107%; mso-bidi-font-size: 14.0pt; mso-fareast-language: EN-ZW;"><br /></span></b></div>
<div class="MsoNormal" style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; margin-bottom: 0.0001pt;">
<b style="background-color: white;"><span style="font-size: 16.0pt; line-height: 107%; mso-bidi-font-size: 14.0pt; mso-fareast-language: EN-ZW;"><br /></span></b></div>
<div class="MsoNormal" style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; margin-bottom: 0.0001pt;">
<b style="background-color: white;"><span style="font-size: 16.0pt; line-height: 107%; mso-bidi-font-size: 14.0pt; mso-fareast-language: EN-ZW;">Contact:</span></b><span style="background-color: yellow; line-height: 107%;"><span style="font-family: Arial, Helvetica, sans-serif; font-size: x-large;">
011-43558440</span></span><span style="background-color: white; font-size: 16pt; line-height: 107%;"> |</span></div>
<div class="MsoNormal" style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; margin-bottom: 0.0001pt;">
<span style="background-color: white; font-size: 16pt; line-height: 107%;"><b><br /></b></span></div>
<div class="MsoNormal" style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; margin-bottom: 0.0001pt;">
<span style="background-color: white; font-size: 16pt; line-height: 107%;"><b>Email:</b></span><a href="mailto:proglobalcorp@gmail.com" style="background-color: white;"><span style="font-size: 16.0pt; line-height: 107%; mso-bidi-font-size: 14.0pt; mso-fareast-language: EN-ZW;">proglobalcorp@gmail.com</span></a><span style="background-color: white; font-size: 16pt; line-height: 107%;"><o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<a href="http://www.proglobalcorp.com/" target="_blank"><span style="color: #1155cc; font-size: 18.0pt; line-height: 107%; mso-bidi-font-size: 12.0pt; mso-fareast-language: EN-ZW;">www.proglobalcorp.com</span></a><span style="font-size: 16pt; line-height: 107%;"><o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<br /></div>
<div align="center" class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: center;">
<b><span style="font-size: 12.0pt; mso-ascii-font-family: Calibri; mso-bidi-font-family: Calibri; mso-bidi-font-size: 11.0pt; mso-hansi-font-family: Calibri;">Disclaimer by the Author<o:p></o:p></span></b></div>
<br />
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<span style="font-size: 12.0pt; mso-ascii-font-family: Calibri; mso-bidi-font-family: Calibri; mso-bidi-font-size: 11.0pt; mso-hansi-font-family: Calibri;">Although care has
been taken to ensure the accuracy, completeness and reliability of the
information provided, I assume no responsibility therefore. Users of this
information are expected to refer to the relevant existing provisions of the
Companies Act and Rules. The user of the information agrees that the
information is subject to change without notice. I assume no responsibility for
the consequences of use of such information. IN NO EVENT SHALL I SHALL BE
LIABLE FOR ANY DIRECT, INDIRECT, SPECIAL OR INCIDENTAL DAMAGE RESULTING FROM,
ARISING OUT OF OR IN CONNECTION WITH THE USE OF THE INFORMATION.</span><span style="font-size: 12.0pt; mso-bidi-font-size: 11.0pt;"><o:p></o:p></span></div>
</div>
Anonymoushttp://www.blogger.com/profile/09507161689566835257noreply@blogger.com0New Delhi, Delhi, India28.6139391 77.20902120000005228.1680166 76.563574200000048 29.059861599999998 77.854468200000056tag:blogger.com,1999:blog-3630231041129980394.post-22900141056611042832015-10-12T00:04:00.002-07:002015-10-12T00:04:54.486-07:00FAQs on Annual Filings 2014-15<iframe src="//www.slideshare.net/slideshow/embed_code/key/zR3YRbgUXZp4S1" width="477" height="510" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" style="border:1px solid #CCC; border-width:1px; margin-bottom:5px; max-width: 100%;" allowfullscreen> </iframe> <div style="margin-bottom:5px"> <strong> <a href="//www.slideshare.net/proglobalcorpindia/faqs-on-annual-filings-201415" title="FAQs on Annual Filings 2014-15" target="_blank">FAQs on Annual Filings 2014-15</a> </strong> from <strong><a href="//www.slideshare.net/proglobalcorpindia" target="_blank">Proglobalcorp India</a></strong> </div>Anonymoushttp://www.blogger.com/profile/09507161689566835257noreply@blogger.comtag:blogger.com,1999:blog-3630231041129980394.post-58973149949354663812015-10-11T23:26:00.000-07:002015-10-11T23:26:12.893-07:00FAQs on Annual Filings 2014-15<iframe src="//www.slideshare.net/slideshow/embed_code/key/gm0czn52bxpyFZ" width="477" height="510" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" style="border:1px solid #CCC; border-width:1px; margin-bottom:5px; max-width: 100%;" allowfullscreen> </iframe> <div style="margin-bottom:5px"> <strong> <a href="//www.slideshare.net/proglobalcorpindia/faqs-on-annual-filing" title="FAQs on Annual Filing " target="_blank">FAQs on Annual Filing </a> </strong> from <strong><a href="//www.slideshare.net/proglobalcorpindia" target="_blank">Proglobalcorp India</a></strong> </div>Anonymoushttp://www.blogger.com/profile/09507161689566835257noreply@blogger.com0tag:blogger.com,1999:blog-3630231041129980394.post-39563161471205358172015-10-08T00:08:00.000-07:002015-10-08T00:13:15.570-07:00Corporate Updates From PGC <div dir="ltr" style="text-align: left;" trbidi="on">
<!--[if !mso]>
<style>
v\:* {behavior:url(#default#VML);}
o\:* {behavior:url(#default#VML);}
w\:* {behavior:url(#default#VML);}
.shape {behavior:url(#default#VML);}
</style>
<![endif]--><br />
<!--[if gte mso 9]><xml>
<o:OfficeDocumentSettings>
<o:RelyOnVML/>
<o:AllowPNG/>
</o:OfficeDocumentSettings>
</xml><![endif]--><!--[if gte mso 9]><xml>
<w:WordDocument>
<w:View>Normal</w:View>
<w:Zoom>0</w:Zoom>
<w:TrackMoves>false</w:TrackMoves>
<w:TrackFormatting/>
<w:PunctuationKerning/>
<w:ValidateAgainstSchemas/>
<w:SaveIfXMLInvalid>false</w:SaveIfXMLInvalid>
<w:IgnoreMixedContent>false</w:IgnoreMixedContent>
<w:AlwaysShowPlaceholderText>false</w:AlwaysShowPlaceholderText>
<w:DoNotPromoteQF/>
<w:LidThemeOther>EN-US</w:LidThemeOther>
<w:LidThemeAsian>X-NONE</w:LidThemeAsian>
<w:LidThemeComplexScript>X-NONE</w:LidThemeComplexScript>
<w:Compatibility>
<w:BreakWrappedTables/>
<w:SnapToGridInCell/>
<w:WrapTextWithPunct/>
<w:UseAsianBreakRules/>
<w:DontGrowAutofit/>
<w:SplitPgBreakAndParaMark/>
<w:EnableOpenTypeKerning/>
<w:DontFlipMirrorIndents/>
<w:OverrideTableStyleHps/>
</w:Compatibility>
<m:mathPr>
<m:mathFont m:val="Cambria Math"/>
<m:brkBin m:val="before"/>
<m:brkBinSub m:val="--"/>
<m:smallFrac m:val="off"/>
<m:dispDef/>
<m:lMargin m:val="0"/>
<m:rMargin m:val="0"/>
<m:defJc m:val="centerGroup"/>
<m:wrapIndent m:val="1440"/>
<m:intLim m:val="subSup"/>
<m:naryLim m:val="undOvr"/>
</m:mathPr></w:WordDocument>
</xml><![endif]--><!--[if gte mso 9]><xml>
<w:LatentStyles DefLockedState="false" DefUnhideWhenUsed="true"
DefSemiHidden="true" DefQFormat="false" DefPriority="99"
LatentStyleCount="267">
<w:LsdException Locked="false" Priority="0" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Normal"/>
<w:LsdException Locked="false" Priority="9" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="heading 1"/>
<w:LsdException Locked="false" Priority="9" QFormat="true" Name="heading 2"/>
<w:LsdException Locked="false" Priority="9" QFormat="true" Name="heading 3"/>
<w:LsdException Locked="false" Priority="9" QFormat="true" Name="heading 4"/>
<w:LsdException Locked="false" Priority="9" QFormat="true" Name="heading 5"/>
<w:LsdException Locked="false" Priority="9" QFormat="true" Name="heading 6"/>
<w:LsdException Locked="false" Priority="9" QFormat="true" Name="heading 7"/>
<w:LsdException Locked="false" Priority="9" QFormat="true" Name="heading 8"/>
<w:LsdException Locked="false" Priority="9" QFormat="true" Name="heading 9"/>
<w:LsdException Locked="false" Priority="39" Name="toc 1"/>
<w:LsdException Locked="false" Priority="39" Name="toc 2"/>
<w:LsdException Locked="false" Priority="39" Name="toc 3"/>
<w:LsdException Locked="false" Priority="39" Name="toc 4"/>
<w:LsdException Locked="false" Priority="39" Name="toc 5"/>
<w:LsdException Locked="false" Priority="39" Name="toc 6"/>
<w:LsdException Locked="false" Priority="39" Name="toc 7"/>
<w:LsdException Locked="false" Priority="39" Name="toc 8"/>
<w:LsdException Locked="false" Priority="39" Name="toc 9"/>
<w:LsdException Locked="false" Priority="35" QFormat="true" Name="caption"/>
<w:LsdException Locked="false" Priority="10" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Title"/>
<w:LsdException Locked="false" Priority="1" Name="Default Paragraph Font"/>
<w:LsdException Locked="false" Priority="11" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Subtitle"/>
<w:LsdException Locked="false" Priority="22" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Strong"/>
<w:LsdException Locked="false" Priority="20" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Emphasis"/>
<w:LsdException Locked="false" Priority="59" SemiHidden="false"
UnhideWhenUsed="false" Name="Table Grid"/>
<w:LsdException Locked="false" UnhideWhenUsed="false" Name="Placeholder Text"/>
<w:LsdException Locked="false" Priority="1" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="No Spacing"/>
<w:LsdException Locked="false" Priority="60" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Shading"/>
<w:LsdException Locked="false" Priority="61" SemiHidden="false"
UnhideWhenUsed="false" Name="Light List"/>
<w:LsdException Locked="false" Priority="62" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Grid"/>
<w:LsdException Locked="false" Priority="63" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 1"/>
<w:LsdException Locked="false" Priority="64" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 2"/>
<w:LsdException Locked="false" Priority="65" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 1"/>
<w:LsdException Locked="false" Priority="66" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 2"/>
<w:LsdException Locked="false" Priority="67" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 1"/>
<w:LsdException Locked="false" Priority="68" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 2"/>
<w:LsdException Locked="false" Priority="69" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 3"/>
<w:LsdException Locked="false" Priority="70" SemiHidden="false"
UnhideWhenUsed="false" Name="Dark List"/>
<w:LsdException Locked="false" Priority="71" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Shading"/>
<w:LsdException Locked="false" Priority="72" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful List"/>
<w:LsdException Locked="false" Priority="73" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Grid"/>
<w:LsdException Locked="false" Priority="60" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Shading Accent 1"/>
<w:LsdException Locked="false" Priority="61" SemiHidden="false"
UnhideWhenUsed="false" Name="Light List Accent 1"/>
<w:LsdException Locked="false" Priority="62" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Grid Accent 1"/>
<w:LsdException Locked="false" Priority="63" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 1 Accent 1"/>
<w:LsdException Locked="false" Priority="64" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 2 Accent 1"/>
<w:LsdException Locked="false" Priority="65" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 1 Accent 1"/>
<w:LsdException Locked="false" UnhideWhenUsed="false" Name="Revision"/>
<w:LsdException Locked="false" Priority="34" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="List Paragraph"/>
<w:LsdException Locked="false" Priority="29" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Quote"/>
<w:LsdException Locked="false" Priority="30" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Intense Quote"/>
<w:LsdException Locked="false" Priority="66" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 2 Accent 1"/>
<w:LsdException Locked="false" Priority="67" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 1 Accent 1"/>
<w:LsdException Locked="false" Priority="68" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 2 Accent 1"/>
<w:LsdException Locked="false" Priority="69" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 3 Accent 1"/>
<w:LsdException Locked="false" Priority="70" SemiHidden="false"
UnhideWhenUsed="false" Name="Dark List Accent 1"/>
<w:LsdException Locked="false" Priority="71" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Shading Accent 1"/>
<w:LsdException Locked="false" Priority="72" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful List Accent 1"/>
<w:LsdException Locked="false" Priority="73" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Grid Accent 1"/>
<w:LsdException Locked="false" Priority="60" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Shading Accent 2"/>
<w:LsdException Locked="false" Priority="61" SemiHidden="false"
UnhideWhenUsed="false" Name="Light List Accent 2"/>
<w:LsdException Locked="false" Priority="62" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Grid Accent 2"/>
<w:LsdException Locked="false" Priority="63" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 1 Accent 2"/>
<w:LsdException Locked="false" Priority="64" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 2 Accent 2"/>
<w:LsdException Locked="false" Priority="65" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 1 Accent 2"/>
<w:LsdException Locked="false" Priority="66" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 2 Accent 2"/>
<w:LsdException Locked="false" Priority="67" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 1 Accent 2"/>
<w:LsdException Locked="false" Priority="68" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 2 Accent 2"/>
<w:LsdException Locked="false" Priority="69" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 3 Accent 2"/>
<w:LsdException Locked="false" Priority="70" SemiHidden="false"
UnhideWhenUsed="false" Name="Dark List Accent 2"/>
<w:LsdException Locked="false" Priority="71" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Shading Accent 2"/>
<w:LsdException Locked="false" Priority="72" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful List Accent 2"/>
<w:LsdException Locked="false" Priority="73" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Grid Accent 2"/>
<w:LsdException Locked="false" Priority="60" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Shading Accent 3"/>
<w:LsdException Locked="false" Priority="61" SemiHidden="false"
UnhideWhenUsed="false" Name="Light List Accent 3"/>
<w:LsdException Locked="false" Priority="62" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Grid Accent 3"/>
<w:LsdException Locked="false" Priority="63" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 1 Accent 3"/>
<w:LsdException Locked="false" Priority="64" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 2 Accent 3"/>
<w:LsdException Locked="false" Priority="65" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 1 Accent 3"/>
<w:LsdException Locked="false" Priority="66" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 2 Accent 3"/>
<w:LsdException Locked="false" Priority="67" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 1 Accent 3"/>
<w:LsdException Locked="false" Priority="68" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 2 Accent 3"/>
<w:LsdException Locked="false" Priority="69" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 3 Accent 3"/>
<w:LsdException Locked="false" Priority="70" SemiHidden="false"
UnhideWhenUsed="false" Name="Dark List Accent 3"/>
<w:LsdException Locked="false" Priority="71" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Shading Accent 3"/>
<w:LsdException Locked="false" Priority="72" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful List Accent 3"/>
<w:LsdException Locked="false" Priority="73" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Grid Accent 3"/>
<w:LsdException Locked="false" Priority="60" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Shading Accent 4"/>
<w:LsdException Locked="false" Priority="61" SemiHidden="false"
UnhideWhenUsed="false" Name="Light List Accent 4"/>
<w:LsdException Locked="false" Priority="62" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Grid Accent 4"/>
<w:LsdException Locked="false" Priority="63" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 1 Accent 4"/>
<w:LsdException Locked="false" Priority="64" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 2 Accent 4"/>
<w:LsdException Locked="false" Priority="65" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 1 Accent 4"/>
<w:LsdException Locked="false" Priority="66" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 2 Accent 4"/>
<w:LsdException Locked="false" Priority="67" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 1 Accent 4"/>
<w:LsdException Locked="false" Priority="68" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 2 Accent 4"/>
<w:LsdException Locked="false" Priority="69" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 3 Accent 4"/>
<w:LsdException Locked="false" Priority="70" SemiHidden="false"
UnhideWhenUsed="false" Name="Dark List Accent 4"/>
<w:LsdException Locked="false" Priority="71" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Shading Accent 4"/>
<w:LsdException Locked="false" Priority="72" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful List Accent 4"/>
<w:LsdException Locked="false" Priority="73" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Grid Accent 4"/>
<w:LsdException Locked="false" Priority="60" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Shading Accent 5"/>
<w:LsdException Locked="false" Priority="61" SemiHidden="false"
UnhideWhenUsed="false" Name="Light List Accent 5"/>
<w:LsdException Locked="false" Priority="62" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Grid Accent 5"/>
<w:LsdException Locked="false" Priority="63" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 1 Accent 5"/>
<w:LsdException Locked="false" Priority="64" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 2 Accent 5"/>
<w:LsdException Locked="false" Priority="65" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 1 Accent 5"/>
<w:LsdException Locked="false" Priority="66" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 2 Accent 5"/>
<w:LsdException Locked="false" Priority="67" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 1 Accent 5"/>
<w:LsdException Locked="false" Priority="68" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 2 Accent 5"/>
<w:LsdException Locked="false" Priority="69" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 3 Accent 5"/>
<w:LsdException Locked="false" Priority="70" SemiHidden="false"
UnhideWhenUsed="false" Name="Dark List Accent 5"/>
<w:LsdException Locked="false" Priority="71" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Shading Accent 5"/>
<w:LsdException Locked="false" Priority="72" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful List Accent 5"/>
<w:LsdException Locked="false" Priority="73" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Grid Accent 5"/>
<w:LsdException Locked="false" Priority="60" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Shading Accent 6"/>
<w:LsdException Locked="false" Priority="61" SemiHidden="false"
UnhideWhenUsed="false" Name="Light List Accent 6"/>
<w:LsdException Locked="false" Priority="62" SemiHidden="false"
UnhideWhenUsed="false" Name="Light Grid Accent 6"/>
<w:LsdException Locked="false" Priority="63" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 1 Accent 6"/>
<w:LsdException Locked="false" Priority="64" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Shading 2 Accent 6"/>
<w:LsdException Locked="false" Priority="65" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 1 Accent 6"/>
<w:LsdException Locked="false" Priority="66" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium List 2 Accent 6"/>
<w:LsdException Locked="false" Priority="67" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 1 Accent 6"/>
<w:LsdException Locked="false" Priority="68" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 2 Accent 6"/>
<w:LsdException Locked="false" Priority="69" SemiHidden="false"
UnhideWhenUsed="false" Name="Medium Grid 3 Accent 6"/>
<w:LsdException Locked="false" Priority="70" SemiHidden="false"
UnhideWhenUsed="false" Name="Dark List Accent 6"/>
<w:LsdException Locked="false" Priority="71" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Shading Accent 6"/>
<w:LsdException Locked="false" Priority="72" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful List Accent 6"/>
<w:LsdException Locked="false" Priority="73" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Grid Accent 6"/>
<w:LsdException Locked="false" Priority="19" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Subtle Emphasis"/>
<w:LsdException Locked="false" Priority="21" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Intense Emphasis"/>
<w:LsdException Locked="false" Priority="31" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Subtle Reference"/>
<w:LsdException Locked="false" Priority="32" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Intense Reference"/>
<w:LsdException Locked="false" Priority="33" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Book Title"/>
<w:LsdException Locked="false" Priority="37" Name="Bibliography"/>
<w:LsdException Locked="false" Priority="39" QFormat="true" Name="TOC Heading"/>
</w:LatentStyles>
</xml><![endif]--><!--[if gte mso 10]>
<style>
/* Style Definitions */
table.MsoNormalTable
{mso-style-name:"Table Normal";
mso-tstyle-rowband-size:0;
mso-tstyle-colband-size:0;
mso-style-noshow:yes;
mso-style-priority:99;
mso-style-parent:"";
mso-padding-alt:0in 5.4pt 0in 5.4pt;
mso-para-margin-top:0in;
mso-para-margin-right:0in;
mso-para-margin-bottom:10.0pt;
mso-para-margin-left:0in;
line-height:115%;
mso-pagination:widow-orphan;
font-size:11.0pt;
font-family:"Calibri","sans-serif";
mso-ascii-font-family:Calibri;
mso-ascii-theme-font:minor-latin;
mso-hansi-font-family:Calibri;
mso-hansi-theme-font:minor-latin;
mso-bidi-font-family:"Times New Roman";
mso-bidi-theme-font:minor-bidi;}
</style>
<![endif]-->
<br />
<div class="MsoNormal">
SEBI/CORPORATE UPDATES <span style="mso-spacerun: yes;"> </span><br />
<b style="mso-bidi-font-weight: normal;"><u> (BY TEAM PGC)</u></b></div>
<br />
<ul style="text-align: left;">
<li>Members of high level committee
constituted by MCA present <a href="http://www.mca.gov.in/Ministry/pdf/HLC_report_05102015.pdf">report to
suggest measures for improved monitoring of implementation of Corporate Social
Responsibility</a> under section 135 of Companies Act,2013 </li>
</ul>
<br />
<ul style="text-align: left;">
<li>MCA modified versions of Forms
INC-29, AOC-4 (Non XBRL), MGT-7 and MGT-15 w.e.f<span style="mso-spacerun: yes;"> </span>October 8, 2015 2015</li>
</ul>
<br />
<ul style="text-align: left;">
<li><span style="color: black;"><a href="http://www.sebi.gov.in/cms/sebi_data/attachdocs/1444134671834.pdf">Via
circular no. CIR/IMD/FPIC/8/2015</a> dated October 6,2015 limits for FPI
investment in debt securities to be fixed in rupee terms and investment by
FPI’s in government securities is increased up to certain limits</span></li>
</ul>
<br />
<ul style="text-align: left;">
<li><span style="color: black;"><a href="https://www.irda.gov.in/ADMINCMS/cms/whatsNew_Layout.aspx?page=PageNo2633&flag=1">Via
report</a> dated October 6, 2015 Insurance Laws (Amendment) Act, 2015, has
permitted foreign reinsurers to set up branch office in the country. In view to
this, committee has been set up with a view to seek
comments from all stakeholders. <span style="font-family: "Arial","sans-serif"; font-size: 11.5pt; line-height: 115%; mso-fareast-font-family: "Times New Roman";"></span></span></li>
</ul>
<br />
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
RBI/TAX UPDATES<span style="mso-spacerun: yes;"> </span><br />
<b style="mso-bidi-font-weight: normal;"><u>(BY TEAM PGC)</u></b></div>
<br />
<ul style="text-align: left;">
<li><span style="color: black;"><a href="http://www.cbec.gov.in/htdocs-servicetax/st-circulars/st-circulars-2015/st-circ-186-2015"><span style="font-family: "Calibri","sans-serif"; font-size: 11.0pt; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: "Times New Roman"; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-theme-font: minor-latin;">Via Circular No.186/5/2015-ST</span></a><span style="font-family: "Calibri","sans-serif"; font-size: 11.0pt; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: "Times New Roman"; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-theme-font: minor-latin;"> dated October 5, 2015 CBEC provided abatement
of 70% for services provided by GTA as presently applicable to GTA service</span>.</span></li>
</ul>
<br />
<ul style="text-align: left;">
<li><span style="font-family: "Calibri","sans-serif"; font-size: 11.0pt; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: "Times New Roman"; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-theme-font: minor-latin;">Karnataka
government proposes a 1% levy, in the form of VAT deducted at source, on
payments by buyers to sellers on e-commerce sites</span></li>
</ul>
<br />
<ul style="text-align: left;">
<li><span style="color: black;"><a href="http://www.cbec.gov.in/htdocs-cbec/excise/cx-act/notifications/notfns-2015/cx-nt2015/cent21-2015"><span style="font-family: "Calibri","sans-serif"; font-size: 11.0pt; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: "Times New Roman"; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-theme-font: minor-latin;">Via notification no. 21/2015-Central Excise
(N.T.)</span></a><span style="font-family: "Calibri","sans-serif"; font-size: 11.0pt; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: "Times New Roman"; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-theme-font: minor-latin;"> dated October 7, 2015 CBEC allows Cenvat on
ethanol cleared without payment of duty to oil companies. </span></span></li>
</ul>
<br />
<div class="MsoNormal" style="background: white;">
<br /></div>
<div class="MsoNormal" style="background: white;">
<br /></div>
<div class="MsoNormal" style="background: white;">
<b><span style="color: #222222; font-size: 12.0pt; line-height: 115%; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-ZW; mso-fareast-theme-font: minor-fareast; mso-no-proof: yes;">Best
regards,</span></b></div>
<div class="MsoNormal" style="background: white;">
<b><span style="color: #222222; font-size: 12.0pt; line-height: 115%; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-ZW; mso-fareast-theme-font: minor-fareast; mso-no-proof: yes;">TEAM PGC </span></b></div>
<div class="MsoNormal" style="background: white;">
<span style="font-family: "Arial","sans-serif"; font-size: 13.5pt; line-height: 115%; mso-fareast-font-family: "Times New Roman"; mso-fareast-theme-font: minor-fareast; mso-no-proof: yes;">
</span><span style="font-family: "Arial","sans-serif"; font-size: 13.5pt; line-height: 115%; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-ZW; mso-fareast-theme-font: minor-fareast; mso-no-proof: yes;"></span></div>
<div class="MsoNormal" style="background: white;">
<span style="font-family: "Arial","sans-serif"; font-size: 5.0pt; line-height: 115%; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-ZW; mso-fareast-theme-font: minor-fareast; mso-no-proof: yes;"> <img alt="" src="data:image/png;base64,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" /></span></div>
<div class="MsoNormal" style="background: white;">
<b><span style="font-size: 12.0pt; line-height: 115%; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-ZW; mso-fareast-theme-font: minor-fareast; mso-no-proof: yes;">Address:</span></b><span style="font-size: 12.0pt; line-height: 115%; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-ZW; mso-fareast-theme-font: minor-fareast; mso-no-proof: yes;"> 46A, 1<sup>st</sup> Floor, Amar Plaza, IP Extension, Delhi-110092</span><span style="font-size: 12.0pt; line-height: 115%; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-ZW; mso-fareast-theme-font: minor-fareast; mso-no-proof: yes;">| <b>Email:</b> </span><a href="mailto:proglobalcorp@gmail.com"><span style="font-size: 12.0pt; line-height: 115%; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-ZW; mso-fareast-theme-font: minor-fareast; mso-no-proof: yes;">proglobalcorp@gmail.com</span></a></div>
<div class="MsoNormal" style="background: white;">
<span style="font-size: 12.0pt; line-height: 115%; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-ZW; mso-fareast-theme-font: minor-fareast; mso-no-proof: yes;"></span></div>
<div class="MsoNormal" style="background: white;">
<a href="http://www.proglobalcorp.com/" target="_blank"><span style="color: #1155cc; font-size: 12.0pt; line-height: 115%; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-ZW; mso-fareast-theme-font: minor-fareast; mso-no-proof: yes;">www.proglobalcorp.com</span></a><span style="color: #222222; font-size: 12.0pt; line-height: 115%; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-ZW; mso-fareast-theme-font: minor-fareast; mso-no-proof: yes;"></span></div>
<div align="center" class="MsoNormal" style="text-align: center;">
<span style="font-family: "Cambria","serif"; mso-fareast-font-family: "Times New Roman"; mso-no-proof: yes;">
</span><br />
<hr align="center" size="2" width="100%" />
<span style="font-family: "Cambria","serif"; mso-fareast-font-family: "Times New Roman"; mso-no-proof: yes;">
</span></div>
</div>
Unknownnoreply@blogger.com0Asia34.047863 100.6196552999999834.047863 100.61965529999998 34.047863 100.61965529999998tag:blogger.com,1999:blog-3630231041129980394.post-51426194436871744522015-10-05T04:00:00.000-07:002015-10-05T04:00:11.882-07:00Ease of doing Business in India<iframe src="//www.slideshare.net/slideshow/embed_code/key/1HJrqmmeb83SmA" width="477" height="510" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" style="border:1px solid #CCC; border-width:1px; margin-bottom:5px; max-width: 100%;" allowfullscreen> </iframe> <div style="margin-bottom:5px"> <strong> <a href="//www.slideshare.net/proglobalcorpindia/ease-of-doing-business-in-india-53542956" title="Ease of doing business in India" target="_blank">Ease of doing business in India</a> </strong> from <strong><a href="//www.slideshare.net/proglobalcorpindia" target="_blank">Proglobalcorp India</a></strong> </div>Anonymoushttp://www.blogger.com/profile/09507161689566835257noreply@blogger.comtag:blogger.com,1999:blog-3630231041129980394.post-3869015858839849062015-10-05T03:16:00.000-07:002015-10-05T03:16:11.971-07:00Weekly news-updates dated 5th October, 2015<iframe src="//www.slideshare.net/slideshow/embed_code/key/g1xdH6hof5Q0CI" width="477" height="510" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" style="border:1px solid #CCC; border-width:1px; margin-bottom:5px; max-width: 100%;" allowfullscreen> </iframe> <div style="margin-bottom:5px"> <strong> <a href="//www.slideshare.net/proglobalcorpindia/weekly-newsupdates-dated-5th-october-2015" title="Weekly News-updates dated 5th October, 2015" target="_blank">Weekly News-updates dated 5th October, 2015</a> </strong> from <strong><a href="//www.slideshare.net/proglobalcorpindia" target="_blank">Proglobalcorp India</a></strong> </div>Anonymoushttp://www.blogger.com/profile/09507161689566835257noreply@blogger.comtag:blogger.com,1999:blog-3630231041129980394.post-14970942826387550222015-09-14T03:20:00.001-07:002015-09-23T01:47:16.995-07:00Make In India business opportunity in India <div dir="ltr" style="text-align: left;" trbidi="on">
<div align="center" class="MsoNormal" style="text-align: center;">
<b><span style="color: #ed7d31; font-size: 36.0pt; line-height: 107%; mso-effects-shadow-align: topleft; mso-effects-shadow-alpha: 30.0%; mso-effects-shadow-angledirection: 5400000; mso-effects-shadow-anglekx: 0; mso-effects-shadow-angleky: 0; mso-effects-shadow-color: black; mso-effects-shadow-dpidistance: 1.8pt; mso-effects-shadow-dpiradius: 3.0pt; mso-effects-shadow-pctsx: 100.0%; mso-effects-shadow-pctsy: 100.0%; mso-style-textoutline-fill-alpha: 100.0%; mso-style-textoutline-fill-color: #00B050; mso-style-textoutline-outlinestyle-align: center; mso-style-textoutline-outlinestyle-compound: simple; mso-style-textoutline-outlinestyle-dash: solid; mso-style-textoutline-outlinestyle-dpiwidth: .8pt; mso-style-textoutline-outlinestyle-join: round; mso-style-textoutline-outlinestyle-linecap: flat; mso-style-textoutline-outlinestyle-pctmiterlimit: 0%; mso-style-textoutline-type: solid; mso-themecolor: accent2;">MAKE</span></b><b><span style="font-size: 36pt; line-height: 107%;"> <span style="background-color: white;"><span style="color: #f3f3f3;">IN</span></span> </span></b><b><span style="color: #70ad47; font-size: 36.0pt; line-height: 107%; mso-effects-shadow-align: topleft; mso-effects-shadow-alpha: 30.0%; mso-effects-shadow-angledirection: 5400000; mso-effects-shadow-anglekx: 0; mso-effects-shadow-angleky: 0; mso-effects-shadow-color: black; mso-effects-shadow-dpidistance: 1.8pt; mso-effects-shadow-dpiradius: 3.0pt; mso-effects-shadow-pctsx: 100.0%; mso-effects-shadow-pctsy: 100.0%; mso-style-textoutline-fill-alpha: 100.0%; mso-style-textoutline-fill-color: #4472C4; mso-style-textoutline-fill-themecolor: accent5; mso-style-textoutline-outlinestyle-align: center; mso-style-textoutline-outlinestyle-compound: simple; mso-style-textoutline-outlinestyle-dash: solid; mso-style-textoutline-outlinestyle-dpiwidth: .8pt; mso-style-textoutline-outlinestyle-join: round; mso-style-textoutline-outlinestyle-linecap: flat; mso-style-textoutline-outlinestyle-pctmiterlimit: 0%; mso-style-textoutline-type: solid; mso-themecolor: accent6;">INDIA</span></b><b><span style="color: white; font-size: 36.0pt; line-height: 107%; mso-effects-shadow-align: topleft; mso-effects-shadow-alpha: 30.0%; mso-effects-shadow-angledirection: 5400000; mso-effects-shadow-anglekx: 0; mso-effects-shadow-angleky: 0; mso-effects-shadow-color: black; mso-effects-shadow-dpidistance: 1.8pt; mso-effects-shadow-dpiradius: 3.0pt; mso-effects-shadow-pctsx: 100.0%; mso-effects-shadow-pctsy: 100.0%; mso-style-textoutline-fill-alpha: 100.0%; mso-style-textoutline-fill-color: #4472C4; mso-style-textoutline-fill-themecolor: accent5; mso-style-textoutline-outlinestyle-align: center; mso-style-textoutline-outlinestyle-compound: simple; mso-style-textoutline-outlinestyle-dash: solid; mso-style-textoutline-outlinestyle-dpiwidth: .8pt; mso-style-textoutline-outlinestyle-join: round; mso-style-textoutline-outlinestyle-linecap: flat; mso-style-textoutline-outlinestyle-pctmiterlimit: 0%; mso-style-textoutline-type: solid; text-effect: outline;"><o:p></o:p></span></b></div>
<div align="center" class="MsoNormal" style="text-align: center;">
<b><span style="color: #70ad47; font-size: 36.0pt; line-height: 107%; mso-effects-shadow-align: topleft; mso-effects-shadow-alpha: 30.0%; mso-effects-shadow-angledirection: 5400000; mso-effects-shadow-anglekx: 0; mso-effects-shadow-angleky: 0; mso-effects-shadow-color: black; mso-effects-shadow-dpidistance: 1.8pt; mso-effects-shadow-dpiradius: 3.0pt; mso-effects-shadow-pctsx: 100.0%; mso-effects-shadow-pctsy: 100.0%; mso-style-textoutline-fill-alpha: 100.0%; mso-style-textoutline-fill-color: #4472C4; mso-style-textoutline-fill-themecolor: accent5; mso-style-textoutline-outlinestyle-align: center; mso-style-textoutline-outlinestyle-compound: simple; mso-style-textoutline-outlinestyle-dash: solid; mso-style-textoutline-outlinestyle-dpiwidth: .8pt; mso-style-textoutline-outlinestyle-join: round; mso-style-textoutline-outlinestyle-linecap: flat; mso-style-textoutline-outlinestyle-pctmiterlimit: 0%; mso-style-textoutline-type: solid; mso-themecolor: accent6;"><br /></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; tab-stops: 59.1pt; text-align: justify;">
Make in India is an initiative program launched by
the by Prime Minister, Narendra Modi on 25 September 2014 in a function at the
Vigyan Bhawan in New Delhi. This program has been launched to encourage
Multinational Companies and Domestic companies to manufacture their products in
India and make India a manufacturing hub.<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; tab-stops: 59.1pt; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b>INDIA RANKED THE NO.1
INVESTMENT DESTINATION IN THE WORLD AS PER THE 2O15 BASELINE PROFITABILITY
INDEX (BPI)<o:p></o:p></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
To prevent rejection of the products developed from India by the
global market, the Prime Minister of India, Narendra Modi has coined a slogan -<b>" Zero Defect Zero Effect". </b>The slogan is also aimed to promote the
products having no defects and the process through which product is made has
zero adverse environmental and ecological effects. The initiative hopes to
increase GDP growth and tax revenue. The initiative also aims at high quality
standards and minimizing the impact on the environment. The initiative hopes to
attract capital and technological investment in India.<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><u>SECTORS COVERED<o:p></o:p></u></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
The major objective behind the initiative is to focus on 25 sectors of
the economy for job creation and skill enhancement. The sectors which are
covered under this program are:<o:p></o:p></div>
<div class="MsoListParagraphCxSpFirst" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .75in; margin-right: 0in; margin-top: 0in; mso-add-space: auto; mso-list: l1 level1 lfo3; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;">
</span></span><!--[endif]-->Automobiles<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .75in; margin-right: 0in; margin-top: 0in; mso-add-space: auto; mso-list: l1 level1 lfo3; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;">
</span></span><!--[endif]-->Automobile Components<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .75in; margin-right: 0in; margin-top: 0in; mso-add-space: auto; mso-list: l1 level1 lfo3; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;">
</span></span><!--[endif]-->Aviation<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .75in; margin-right: 0in; margin-top: 0in; mso-add-space: auto; mso-list: l1 level1 lfo3; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;">
</span></span><!--[endif]-->Biotechnology<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .75in; margin-right: 0in; margin-top: 0in; mso-add-space: auto; mso-list: l1 level1 lfo3; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;">
</span></span><!--[endif]-->Chemicals<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .75in; margin-right: 0in; margin-top: 0in; mso-add-space: auto; mso-list: l1 level1 lfo3; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;">
</span></span><!--[endif]-->Construction<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .75in; margin-right: 0in; margin-top: 0in; mso-add-space: auto; mso-list: l1 level1 lfo3; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;">
</span></span><!--[endif]-->Defence Manufacturing<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .75in; margin-right: 0in; margin-top: 0in; mso-add-space: auto; mso-list: l1 level1 lfo3; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;">
</span></span><!--[endif]-->Electrical Machinery<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .75in; margin-right: 0in; margin-top: 0in; mso-add-space: auto; mso-list: l1 level1 lfo3; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;">
</span></span><!--[endif]-->Electronic Systems<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .75in; margin-right: 0in; margin-top: 0in; mso-add-space: auto; mso-list: l1 level1 lfo3; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;">
</span></span><!--[endif]-->Food Processing<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .75in; margin-right: 0in; margin-top: 0in; mso-add-space: auto; mso-list: l1 level1 lfo3; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;">
</span></span><!--[endif]-->IT and BPM<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .75in; margin-right: 0in; margin-top: 0in; mso-add-space: auto; mso-list: l1 level1 lfo3; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;">
</span></span><!--[endif]-->Leather<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .75in; margin-right: 0in; margin-top: 0in; mso-add-space: auto; mso-list: l1 level1 lfo3; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;">
</span></span><!--[endif]-->Media and Entertainment<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .75in; margin-right: 0in; margin-top: 0in; mso-add-space: auto; mso-list: l1 level1 lfo3; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;">
</span></span><!--[endif]-->Mining<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .75in; margin-right: 0in; margin-top: 0in; mso-add-space: auto; mso-list: l1 level1 lfo3; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;">
</span></span><!--[endif]-->Oil and Gas<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .75in; margin-right: 0in; margin-top: 0in; mso-add-space: auto; mso-list: l1 level1 lfo3; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;">
</span></span><!--[endif]-->Pharmaceuticals<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .75in; margin-right: 0in; margin-top: 0in; mso-add-space: auto; mso-list: l1 level1 lfo3; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;">
</span></span><!--[endif]-->Ports and shipping<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .75in; margin-right: 0in; margin-top: 0in; mso-add-space: auto; mso-list: l1 level1 lfo3; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;">
</span></span><!--[endif]-->Railways<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .75in; margin-right: 0in; margin-top: 0in; mso-add-space: auto; mso-list: l1 level1 lfo3; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;">
</span></span><!--[endif]-->Renewal Energy<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .75in; margin-right: 0in; margin-top: 0in; mso-add-space: auto; mso-list: l1 level1 lfo3; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;">
</span></span><!--[endif]-->Roads and Highways<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .75in; margin-right: 0in; margin-top: 0in; mso-add-space: auto; mso-list: l1 level1 lfo3; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;">
</span></span><!--[endif]-->Space<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .75in; margin-right: 0in; margin-top: 0in; mso-add-space: auto; mso-list: l1 level1 lfo3; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;">
</span></span><!--[endif]-->Textiles and Garments<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .75in; margin-right: 0in; margin-top: 0in; mso-add-space: auto; mso-list: l1 level1 lfo3; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;">
</span></span><!--[endif]-->Thermal Power<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .75in; margin-right: 0in; margin-top: 0in; mso-add-space: auto; mso-list: l1 level1 lfo3; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;">
</span></span><!--[endif]-->Tourism and Hospitality<o:p></o:p></div>
<div class="MsoListParagraphCxSpLast" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .75in; margin-right: 0in; margin-top: 0in; mso-add-space: auto; mso-list: l1 level1 lfo3; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;">
</span></span><!--[endif]-->Wellness<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
Aarisa Pitha of Odisha, Gushtaba of Kashmir, Chicken Curry of Punjab,
Khakhra and Khandvi of Gujarat, Bamboo Steam Fish, Vada and Medhu Vada of South
India, Khaja and Inarsa of Bihar and Kebab of Uttar Pradesh and Puran Poli of
Maharashtra have been selected as traditional regional food to be promoted in
the campaign.<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><u>WHY MAKE IN INDIA INITIATIVES?<o:p></o:p></u></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; tab-stops: 59.1pt; text-align: justify;">
India is a big hub of various raw materials, which
are used to manufacture various products. At present raw materials are being
exported to foreign countries then these raw materials are converted there into
finished good and then finished goods are imported by India. It is like someone
taking our product and selling to us on higher rate. While in MII, the foreign
countries are being invited to establish their own manufacture unit in India,
take raw materials from here and sell finished goods from India. The idea
behind it, to reduce finished goods price, increase employment and move India
towards development. <o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; tab-stops: 59.1pt; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; tab-stops: 59.1pt; text-align: justify;">
Target is to grow the manufacturing sector’s
contribution from 17 percent of India’s gross domestic product (GDP) in 2013 to
25 percent within the next decade. A rapidly growing manufacturing sector is
the only way India can create highly productive jobs for the 10 million-plus
youngsters who join the country’s labour force each year and the much larger
number of farmers who need to move from working the soil to the working on the
factory floor.<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; tab-stops: 59.1pt; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><u>FDI SECTORS WITH CAPS<o:p></o:p></u></b></div>
<div class="MsoListParagraphCxSpFirst" style="background: white; line-height: 16.2pt; margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;"> </span></span><span style="font-family: Symbol; line-height: 16.2pt; text-indent: -0.25in;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><span style="line-height: 16.2pt; text-indent: -0.25in;">Petroleum Refining by PSU (49%).</span></div>
<div class="MsoListParagraphCxSpFirst" style="background: white; line-height: 16.2pt; margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<o:p></o:p></div>
<div class="MsoListParagraphCxSpLast" style="background: white; line-height: 16.2pt; margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;"> </span></span><span style="background-color: transparent; font-family: Symbol; line-height: 21.6px;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;"> </span></span><span style="background-color: transparent; font-family: Symbol; line-height: 16.2pt; text-indent: -0.25in;">· </span><span style="font-family: Symbol; line-height: 16.2pt; text-indent: -0.25in;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;"> </span></span><span style="line-height: 16.2pt; text-indent: -0.25in;">Teleports (setting up of up-linking
HUBs/Teleports), Direct to Home (DTH), Cable Networks (Multi-system operators
(MSOs) operating at national, state or district level and undertaking upgradation of networks towards digitalization and addressability), Mobile TV
and Headend- in-the-Sky Broadcasting Service (HITS) – (74%).</span></div>
<div class="MsoListParagraphCxSpLast" style="background: white; line-height: 16.2pt; margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<o:p></o:p></div>
<ul style="margin-top: 0in;" type="disc">
<li class="MsoNormal" style="background: white; line-height: 16.2pt; margin-bottom: .0001pt; margin-bottom: 0in; mso-list: l0 level1 lfo1; text-align: justify;">Cable
Networks (49%).<o:p></o:p></li>
</ul>
<ul style="margin-top: 0in;" type="disc">
<li class="MsoNormal" style="background: white; line-height: 16.2pt; margin-bottom: .0001pt; margin-bottom: 0in; mso-list: l0 level1 lfo1; text-align: justify;">Broadcasting
content services- FM Radio (26%), uplinking of news and current affairs TV
channels (26%).<o:p></o:p></li>
<li class="MsoNormal" style="background: white; line-height: 16.2pt; margin-bottom: .0001pt; margin-bottom: 0in; mso-list: l0 level1 lfo1; text-align: justify;">Print
Media dealing with news and current affairs (26%).<o:p></o:p></li>
<li class="MsoNormal" style="background: white; line-height: 16.2pt; margin-bottom: .0001pt; margin-bottom: 0in; mso-list: l0 level1 lfo1; text-align: justify;">Air
transport services- scheduled air transport (49%), non-scheduled air
transport (74%).<o:p></o:p></li>
<li class="MsoNormal" style="background: white; line-height: 16.2pt; margin-bottom: .0001pt; margin-bottom: 0in; mso-list: l0 level1 lfo1; text-align: justify;">Ground
handling services – Civil Aviation (74%).<o:p></o:p></li>
<li class="MsoNormal" style="background: white; line-height: 16.2pt; margin-bottom: .0001pt; margin-bottom: 0in; mso-list: l0 level1 lfo1; text-align: justify;">Satellites-
establishment and operation (74%).<o:p></o:p></li>
<li class="MsoNormal" style="background: white; line-height: 16.2pt; margin-bottom: .0001pt; margin-bottom: 0in; mso-list: l0 level1 lfo1; text-align: justify;">Private
security agencies (49%).<o:p></o:p></li>
<li class="MsoNormal" style="background: white; line-height: 16.2pt; margin-bottom: .0001pt; margin-bottom: 0in; mso-list: l0 level1 lfo1; text-align: justify;">Private
Sector Banking- Except branches or wholly owned subsidiaries (74%).<o:p></o:p></li>
<li class="MsoNormal" style="background: white; line-height: 16.2pt; margin-bottom: .0001pt; margin-bottom: 0in; mso-list: l0 level1 lfo1; text-align: justify;">Public
Sector Banking (20%).<o:p></o:p></li>
<li class="MsoNormal" style="background: white; line-height: 16.2pt; margin-bottom: .0001pt; margin-bottom: 0in; mso-list: l0 level1 lfo1; text-align: justify;">Commodity
exchanges (49%).<o:p></o:p></li>
<li class="MsoNormal" style="background: white; line-height: 16.2pt; margin-bottom: .0001pt; margin-bottom: 0in; mso-list: l0 level1 lfo1; text-align: justify;">Credit
information companies (74%).<o:p></o:p></li>
<li class="MsoNormal" style="background: white; line-height: 16.2pt; margin-bottom: .0001pt; margin-bottom: 0in; mso-list: l0 level1 lfo1; text-align: justify;">Infrastructure
companies in securities market (49%).<o:p></o:p></li>
<li class="MsoNormal" style="background: white; line-height: 16.2pt; margin-bottom: .0001pt; margin-bottom: 0in; mso-list: l0 level1 lfo1; text-align: justify;">Insurance
and sub-activities (49%).<o:p></o:p></li>
<li class="MsoNormal" style="background: white; line-height: 16.2pt; margin-bottom: .0001pt; margin-bottom: 0in; mso-list: l0 level1 lfo1; text-align: justify;">Power
exchanges (49%).<o:p></o:p></li>
<li class="MsoNormal" style="background: white; line-height: 16.2pt; margin-bottom: .0001pt; margin-bottom: 0in; mso-list: l0 level1 lfo1; text-align: justify;">Defence
(49% above 49% to CCS).<o:p></o:p></li>
</ul>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .25in; margin-right: 0in; margin-top: 0in; text-align: justify;">
<br /></div>
<div class="MsoListParagraphCxSpFirst" style="margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;">
</span></span><!--[endif]--><b><u>RECENT
POLICY MEASURES IN FDI<o:p></o:p></u></b></div>
<div class="MsoListParagraphCxSpMiddle" style="line-height: 115%; margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
</div>
<ul>
<li><span style="font-family: Symbol; line-height: 115%; text-indent: -0.25in;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><span style="line-height: 115%; text-indent: -0.25in;">100% FDI allowed in medical devices</span></li>
<li><span style="font-family: Symbol; line-height: 115%; text-indent: -0.25in;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><span style="line-height: 115%; text-indent: -0.25in;">FDI cap increased in insurance &
sub-activities from 26% to 49%</span></li>
<li><span style="font-family: Symbol; line-height: 115%; text-indent: -0.25in;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><span style="line-height: 115%; text-indent: -0.25in;">100% FDI allowed in the telecom sector.</span></li>
<li><span style="font-family: Symbol; line-height: 115%; text-indent: -0.25in;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><span style="line-height: 115%; text-indent: -0.25in;">100% FDI in single-brand retail.</span></li>
<li><span style="font-family: Symbol; line-height: 115%; text-indent: -0.25in;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;"> </span></span><span style="line-height: 115%; text-indent: -0.25in;">FDI in commodity exchanges, stock exchanges
& depositories, power exchanges, petroleum refining by PSUs, courier
services under the government route has now been brought under the automatic
route.</span></li>
<li><span style="font-family: Symbol; line-height: 115%; text-indent: -0.25in;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><span style="line-height: 115%; text-indent: -0.25in;">Removal of restriction in tea plantation sector.</span></li>
<li><span style="font-family: Symbol; line-height: 115%; text-indent: -0.25in;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><span style="line-height: 115%; text-indent: -0.25in;">FDI limit raised to 74% in credit information
& 100% in asset reconstruction companies.</span></li>
<li><span style="font-family: Symbol; line-height: 115%; text-indent: -0.25in;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;"> </span></span><span style="line-height: 115%; text-indent: -0.25in;">FDI limit of 26% in defence sector raised to 49%
under Government approval route. Foreign Portfolio Investment up to 24%
permitted under automatic route. FDI beyond 49% is also allowed on a case to
case basis with the approval of Cabinet Committee on Security.</span></li>
<li><span style="font-family: Symbol; line-height: 115%; text-indent: -0.25in;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;"> </span></span><span style="line-height: 115%; text-indent: -0.25in;">Construction, operation and maintenance of
specified activities of Railway sector opened to 100% foreign direct investment
under automatic route.</span></li>
</ul>
<!--[if !supportLists]--><o:p></o:p><br />
<div class="MsoListParagraphCxSpMiddle" style="line-height: 115%; margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="line-height: 115%; margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="line-height: 115%; margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="line-height: 115%; margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="line-height: 115%; margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="line-height: 115%; margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="line-height: 115%; margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
</div>
<div class="MsoListParagraphCxSpLast" style="line-height: 115%; margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<o:p></o:p></div>
<div class="MsoListParagraphCxSpLast" style="margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .25in; margin-right: 0in; margin-top: 0in; text-align: justify;">
The Make in India
program includes major new initiatives designed to facilitate investment,
foster innovation, protect intellectual property, and build best-in-class
manufacturing infrastructure.<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .25in; margin-right: 0in; margin-top: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .25in; margin-right: 0in; margin-top: 0in; text-align: justify;">
Government has also
announced many tax incentives to transform India into a global manufacturing
hub and attract large scale investment. <o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .25in; margin-right: 0in; margin-top: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .25in; margin-right: 0in; margin-top: 0in; text-align: justify;">
Amendments are also
done in many corporate/ commercial laws in order to ease the business
environment in India and make anyone from anywhere in the world to start
business in India with minimum statutory requirements. Approval are made online
and a single portal named <b>“ebiz”</b> has
been launched to provide single window clearance. <o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .25in; margin-right: 0in; margin-top: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><u>RESPONSES TO “MAKE IN INDIA”<o:p></o:p></u></b></div>
<div class="MsoListParagraphCxSpFirst" style="margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-list: l2 level1 lfo2; tab-stops: 59.1pt; text-align: justify; text-indent: -.25in;">
</div>
<ul>
<li><span style="text-indent: -0.25in;">The Spice Group said it would start a mobile
phone manufacturing unit in Uttar Pradesh with an investment of 500 crore. A
memorandum of understanding was signed between the Spice Group and the
Government of Uttar Pradesh.</span></li>
<li><span style="font-family: Symbol; text-indent: -0.25in;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;"> </span></span><span style="text-indent: -0.25in;">HyunChil Hong, the President & CEO of
Samsung South West Asia, met with Kalraj Mishra, Union Minister for Micro,
Small and Medium Enterprises (MSME), to discuss a joint initiative under which
10 “MSME-Samsung Technical Schools” will be established in India. In February,
Samsung said that will manufacture the Samsung Z1 in its plant in Noida.</span></li>
<li><span style="text-indent: -0.25in;">Hitachi said it was committed to the initiative.
It said that it would increase its employees in India from 10,000 to 13,000 and
it would try to increase its revenues from India from ¥100 billion in 2013 to ¥
210 billion. It said that an auto-component plant will be set up in Chennai in
2016.</span></li>
<li><span style="text-indent: -0.25in;">Huawei opened a new research and development
(R&D) campus in Bengaluru. It had invested US$170 million to establish the
research and development center.</span></li>
<li><span style="font-family: Symbol; text-indent: -0.25in;"><span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;"> </span></span><span style="text-indent: -0.25in;">France-based LH Aviation signed a MoU with OIS
Advanced Technologies to set up a manufacturing plant in India to manufacture
drones.</span></li>
<li><span style="text-indent: -0.25in;">German engineering conglomerate Siemens will
invest one billion euro (over Rs. 7,400 crore) in India and add 4,000 jobs
under 'Make in India' initiative.</span> </li>
</ul>
<!--[if !supportLists]--><br />
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-list: l2 level1 lfo2; tab-stops: 59.1pt; text-align: justify; text-indent: -.25in;">
<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-list: l2 level1 lfo2; tab-stops: 59.1pt; text-align: justify; text-indent: -.25in;">
<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-list: l2 level1 lfo2; tab-stops: 59.1pt; text-align: justify; text-indent: -.25in;">
<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-list: l2 level1 lfo2; tab-stops: 59.1pt; text-align: justify; text-indent: -.25in;">
<o:p></o:p></div>
<div class="MsoListParagraphCxSpLast" style="margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-list: l2 level1 lfo2; tab-stops: 59.1pt; text-align: justify; text-indent: -.25in;">
<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; tab-stops: 59.1pt; text-align: justify;">
For details regarding polices and initiatives taken
by the Government under this program click on the link <a href="http://www.makeinindia.com/policies/"><b>“Make In India”</b></a><o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; tab-stops: 59.1pt; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; tab-stops: 59.1pt; text-align: justify;">
<b><u>Note: If
you are interested in investing in India, then please do call us and we will
assist you in establishing your business in India</u></b>.<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; tab-stops: 59.1pt; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; tab-stops: 59.1pt; text-align: justify;">
<b>Thanks and
regards,</b><o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-size: large;"><br /></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-size: large;">Prince Kumar<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-size: large;">Associate<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-size: large;">Proglobal Corp<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-size: large;">Address: 46A, 1<sup>st</sup>
Floor, Amar Plaza, IP Extension, Delhi- 110092<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-size: large;"><b>Website: </b><a href="http://www.proglobalcorp.com/"><b>www.proglobalcorp.com</b></a><b> | email: </b><a href="mailto:proglobalcorp@gmail.com"><b>proglobalcorp@gmail.com</b></a></span><b><span style="font-size: large;"> |</span><o:p></o:p></b></div>
<div class="MsoNormal" style="text-align: center;">
</div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="background-color: yellow; font-size: large;">Contact: 011- 43558440</span></b><o:p></o:p></div>
<br />
<div align="center" class="MsoNormal" style="text-align: center;">
<br /></div>
</div>
Anonymoushttp://www.blogger.com/profile/09507161689566835257noreply@blogger.comIndia20.593684 78.962880000000041-8.5806465 37.654286000000042 49.7680145 120.27147400000004tag:blogger.com,1999:blog-3630231041129980394.post-74797297357378655042015-09-10T00:18:00.002-07:002015-09-10T00:18:33.945-07:00Newsletter dated 10th September, 2015<iframe src="//www.slideshare.net/slideshow/embed_code/key/31TsvymHg9azr5" width="477" height="510" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" style="border:1px solid #CCC; border-width:1px; margin-bottom:5px; max-width: 100%;" allowfullscreen> </iframe> <div style="margin-bottom:5px"> <strong> <a href="//www.slideshare.net/proglobalcorpindia/newsletter-dated-10th-september-2015-52617273" title="Newsletter dated 10th September, 2015" target="_blank">Newsletter dated 10th September, 2015</a> </strong> from <strong><a href="//www.slideshare.net/proglobalcorpindia" target="_blank">Proglobalcorp India</a></strong> </div>Unknownnoreply@blogger.comNew Delhi, Delhi, India28.6139391 77.20902120000005228.1680166 76.563574200000048 29.059861599999998 77.854468200000056tag:blogger.com,1999:blog-3630231041129980394.post-952439261859960352015-09-09T01:20:00.000-07:002015-09-23T02:26:08.082-07:00SEBI 2015 listing disclosures regulations,2015<div dir="ltr" style="text-align: left;" trbidi="on">
<div align="center" class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: center;">
<b><u><span style="font-size: x-small;">SEBI (LISTING
OBLIGATION AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015</span><o:p></o:p></u></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
The Securities and Exchange Board of India (SEBI) has notified the
listing regulations aligned with the Companies Act, 2013 on 02<sup>nd</sup>
September, 2015.<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
The latest notified SEBI (Listing Obligation and Disclosure
Requirements) Regulations, 2015 will consolidate and streamline the provisions
of existing listing agreements for different segments of the capital market.
This will also replace the existing listing agreements for all types of
securities. The regulations thus have been structured to provide ease of
reference by consolidating into one single document across various types of
securities listed on the stock exchanges’.<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
As per Regulation 1(2), the provisions of this regulation will be
effective from 90<sup>th</sup> day from the day of the publication of the same
in the Official Gazette. Two provisions viz. Regulation 23(4) and 31A will be
applicable with the immediate effect. These two regulations pertains to <o:p></o:p></div>
<div class="MsoListParagraphCxSpFirst" style="margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-list: l2 level1 lfo1; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]-->-<span style="font-size: 7pt; font-stretch: normal;"> 1. </span><!--[endif]-->Passing of ordinary resolution instead of
special resolution in case of all material related party transactions subject
to related parties abstaining from voting on such resolutions; and<o:p></o:p></div>
<div class="MsoListParagraphCxSpLast" style="margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-list: l2 level1 lfo1; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]-->-<span style="font-size: 7pt; font-stretch: normal;"> 2. </span><!--[endif]-->Re-classification of promoters as public
shareholders under various circumstances.<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
SEBI (Listing Obligation and Disclosure Requirements) Regulations,
2015 have been divided into two parts. The substantive provisions incorporated
in the main body of regulations and procedural requirements in the form of
schedules to the regulations.<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
According to the SEBI, a shorten version of the listing agreement
would be prescribed shortly and the same has to be signed by the companies
while getting its securities listed on the recognized stock exchanges. Existing
listed entities will be required to sign the shortened version within 6 months
of the notification of the regulations.<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><u>APPLICABILITY : RULE 3<o:p></o:p></u></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
SEBI (Listing Obligation and Disclosure Requirements) Regulations,
2015, is applicable on the listed entity having any of the below mentioned
securities listed on the recognized stock exchange(s):<o:p></o:p></div>
<div class="MsoListParagraphCxSpFirst" style="margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-list: l1 level1 lfo2; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;"> 1. </span></span><!--[endif]-->specified securities listed on main board or SME
Exchange or institutional trading platform;<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-list: l1 level1 lfo2; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;"> 2. </span></span><!--[endif]-->non-convertible debt securities, non-convertible
redeemable preference shares, perpetual debt instrument, perpetual
non-cumulative preference shares;<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-list: l1 level1 lfo2; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;"> 3. </span></span><!--[endif]-->Indian depository receipts;<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-list: l1 level1 lfo2; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;"> 4. </span></span><!--[endif]-->securitised debt instruments;<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-list: l1 level1 lfo2; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;"> 5. </span></span><!--[endif]-->units issued by mutual funds;<o:p></o:p></div>
<div class="MsoListParagraphCxSpLast" style="margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-list: l1 level1 lfo2; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;"> 6. </span></span><!--[endif]-->any other securities as may be specified by the
Board.<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b>Now lets us discuss the
provisions which will be applicable with immediate effect. <o:p></o:p></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><u>REGUALTION 23: RELATED PARTY
TRANSACTIONS<o:p></o:p></u></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
Regulation 23(4) will be applicable with immediate effect. As per the
sub-regulation 4 of regulation 23, for any material related party transaction,
the company is required to take the approval of the shareholders through
ordinary resolution and the related parties shall abstain from voting on such
resolutions whether the entity is a related party to the related party transactions
or not.<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
Earlier for the approval of the related parties’ transactions, the
company is required to take approval of the shareholders through special
resolution. This change is being made in align with the changes made in the
Companies Act, 2013 through the amendment.<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
Before moving to regulation 31A, we have to first understand the terms
‘promoter and promoter group’ and ‘professionally managed’.<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b>Promoters: </b>As per
regulation 2(1)(w), the word ‘promoter and promoter group’ mean the same as
assigned in clauses (za) and (zb) of sub-regulation (1) of regulation 2 of the
Securities and Exchange Board of India (Issue of Capital and Disclosure
Requirements) Regulations, 2009.<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
As per Regulation 2(1)(za) “<b>promoter</b>”
includes:<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
(i) the person or persons who are in control of the issuer;<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
(ii) the person or persons who are instrumental in the formulation of
a plan or programme pursuant to which specified securities are offered to
public;<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
(iii) the person or persons named in the offer document as promoters:<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
Following persons cannot be deemed to be promoter:<o:p></o:p></div>
<div class="MsoListParagraphCxSpFirst" style="margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-list: l2 level1 lfo1; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]-->-<span style="font-size: 7pt; font-stretch: normal;"> 1. </span><!--[endif]-->A director or officer of the company acting
merely in his professional capacity.<o:p></o:p></div>
<div class="MsoListParagraphCxSpLast" style="margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-list: l2 level1 lfo1; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]-->-<span style="font-size: 7pt; font-stretch: normal;"> 2. </span><!--[endif]-->Financial Institutions, scheduled bank, foreign
institutional investor and mutual fund even it holds 10% or more equity shares
of the company but these are treated as promoters for the subsidiaries or
companies promoted by them or for mutual fund sponsored by them.<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
As per Regulation 2(1)(zb) “<b>promoter
group</b>” includes<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
(i) the promoter;<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
(ii) an immediate relative of the promoter (i.e., any spouse of that
person, or any parent, brother, sister or child of the person or of the
spouse); and<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
(iii) in case promoter is a body corporate:<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify; text-indent: .5in;">
(A) a subsidiary or holding company of such body
corporate;<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .5in; margin-right: 0in; margin-top: 0in; text-align: justify;">
(B) any body
corporate in which the promoter holds ten per cent. or more of the equity share
capital or which holds ten per cent. or more of the equity share capital of the
promoter;<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .5in; margin-right: 0in; margin-top: 0in; text-align: justify;">
(C) any body
corporate in which a group of individuals or companies or combinations thereof
which hold twenty per cent. or more of the equity share capital in that body
corporate also holds twenty per cent. or more of the equity share capital of
the issuer; and<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
(iv) in case the promoter is an individual:<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .5in; margin-right: 0in; margin-top: 0in; text-align: justify;">
(A) any body
corporate in which ten per cent. or more of the equity share capital is held by
the promoter or an immediate relative of the promoter or a firm or Hindu
Undivided Family in which the promoter or any one or more of his immediate
relative is a member;<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .5in; margin-right: 0in; margin-top: 0in; tab-stops: 9.0pt 22.5pt; text-align: justify;">
(B)
any body corporate in which a body corporate as provided in (A) above holds ten
per cent. or more, of the equity share capital;<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: 45.0pt; margin-right: 0in; margin-top: 0in; text-align: justify;">
(C) any Hindu
Undivided Family or firm in which the aggregate shareholding of the promoter
and his immediate relatives is equal to or more than ten per cent. of the
total; and<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
(v) all persons whose shareholding is aggregated for the purpose of
disclosing in the prospectus under the heading "shareholding of the
promoter group"<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
Financial Institutions, scheduled bank, foreign institutional investor
and mutual fund even it holds 10% or more equity shares of the company are not
treated as promoter group but these are treated as promoter group for the
subsidiaries or companies promoted by them or for mutual fund sponsored by
them.<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b>Professionally Managed: </b>For
the purpose of Regulation 31A, an entity may be considered as professionally
managed, if:<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
(i) No person or group along with persons acting in concert taken
together shall hold more than one per cent paid-up equity capital of the entity
including any holding of convertibles/outstanding warrants/ Depository
Receipts:<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
Provided that any mutual fund, bank, insurance company, financial
institution, foreign portfolio investor may individually hold up to ten per
cent paid-up equity capital of the entity including any holding of
convertibles/outstanding warrants/Depository Receipts.<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
(ii) The promoters seeking reclassification and their relatives may
act as key managerial personnel in the entity only subject to shareholders’
approval and for a period not exceeding three years from the date of
shareholders’ approval.<o:p></o:p></div>
<div class="MsoListParagraph" style="margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
(iii) The promoter seeking reclassification along with his promoter
group entities and the persons acting in concert shall not have any special
right through formal or informal arrangements. All shareholding agreements
granting special rights to such outgoing entities shall be terminated.<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><u>REGULATION 31A: DISCLOSE OF
CLASS OF SHAREHOLDERS AND CONDITIONS FOR RECLASSIFICATION <o:p></o:p></u></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
As per Regulation 31A, shareholding pattern of promoter and promoter
group shall be disclosed separately on the <b>“Shareholding
Pattern” </b>appearing on the website of all stock exchanges where the
securities listed in accordance with the format prescribed by SEBI (format is
available on the website of the respective stock exchanges).<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
If there is any change in the shareholding pattern and the stock
exchange receive application to modify or reclassify the same then it may allow
on satisfaction that the compliance of the relevant provision and evidences
regarding the change in the status of the shareholders. In case the entity is
listed on more than one stock exchanges then all stock exchanges shall jointly
decide on the application for modification or reclassification.<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
In case of transmission/ succession/ inheritance, the inheritor shall
be classified as promoter.<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
When a new promoter replaces the previous promoter subsequent to an
open offer or in any other manner, reclassification may be permitted subject to
fulfillment of the following 2 conditions:<o:p></o:p></div>
<div class="MsoListParagraphCxSpFirst" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .75in; margin-right: 0in; margin-top: 0in; mso-add-space: auto; mso-list: l0 level1 lfo3; text-align: justify; text-indent: -.5in;">
<!--[if !supportLists]-->(i)<span style="font-size: 7pt; font-stretch: normal;">
</span><!--[endif]-->Approval of the shareholders for the same in the general meeting;<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .75in; margin-right: 0in; margin-top: 0in; mso-add-space: auto; mso-list: l0 level1 lfo3; text-align: justify; text-indent: -.5in;">
<!--[if !supportLists]-->(ii)<span style="font-size: 7pt; font-stretch: normal;">
</span><!--[endif]-->Compliances of the following conditions:<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: 1.0in; margin-right: 0in; margin-top: 0in; mso-add-space: auto; mso-list: l2 level2 lfo1; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: "Courier New"; mso-fareast-font-family: "Courier New";">o<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;">
</span></span><!--[endif]-->Such promoter along with the promoter group and
the Persons Acting in Concert shall <b>not
hold more than ten per cent of the paid-up equity capital</b> of the entity.<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: 1.0in; margin-right: 0in; margin-top: 0in; mso-add-space: auto; mso-list: l2 level2 lfo1; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: "Courier New"; mso-fareast-font-family: "Courier New";">o<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;">
</span></span><!--[endif]--> Such
promoter shall <b>not continue to have any
special rights</b> through formal or informal arrangements. All shareholding
agreements granting special rights to such entities shall be terminated.<o:p></o:p></div>
<div class="MsoListParagraphCxSpLast" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: 1.0in; margin-right: 0in; margin-top: 0in; mso-add-space: auto; mso-list: l2 level2 lfo1; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: "Courier New"; mso-fareast-font-family: "Courier New";">o<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;">
</span></span><!--[endif]-->Such promoters and their relatives shall <b>not act as key managerial person for a
period of more than three years</b> from the date of shareholders’ approval.
(The resolution of the said shareholders’ meeting must specifically grant
approval for such promoter to act as KMP)<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
With the approval of the shareholders in a general meeting, the
existing promoter of the company may be re-classified as public shareholders if
the company becomes professionally managed. Existing promoters cannot
classified as public shareholders, if it exercises control over the affairs of the
company<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
If the public shareholders seek to re-classify itself as promoter,
then it shall make an open offer in accordance with the provisions of SEBI
(Substantial Acquisition of Shares and Takeovers) Regulations, 2011.<o:p></o:p></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><u>Remaining provisions of the
Regulation will be updated shortly on our website along with FAQs<o:p></o:p></u></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-size: large;">Thanks and regards,</span><o:p></o:p></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-size: large;">Prince Kumar<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-size: large;">Associate<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-size: large;">Proglobal Corp<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-size: large;">Address: 46A, 1<sup>st</sup>
Floor, Amar Plaza, IP Extension, Delhi- 110092<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-size: large;"><b>Website: </b><a href="http://www.proglobalcorp.com/"><b>www.proglobalcorp.com</b></a><b> | email: </b><a href="mailto:proglobalcorp@gmail.com"><b>proglobalcorp@gmail.com</b></a><b> |<o:p></o:p></b></span></div>
<br />
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-size: x-large;">Contact: 011- 43558440</span><o:p></o:p></b></div>
</div>
Unknownnoreply@blogger.com0New Delhi, Delhi, India28.6139391 77.20902120000005228.1680166 76.563574200000048 29.059861599999998 77.854468200000056tag:blogger.com,1999:blog-3630231041129980394.post-30707057324131463912015-09-08T02:17:00.002-07:002015-09-08T02:17:23.516-07:00Listing Regulations<iframe src="//www.slideshare.net/slideshow/embed_code/key/vDuhCZyt8HTWay" width="477" height="510" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" style="border:1px solid #CCC; border-width:1px; margin-bottom:5px; max-width: 100%;" allowfullscreen> </iframe> <div style="margin-bottom:5px"> <strong> <a href="//www.slideshare.net/proglobalcorpindia/listing-regulations" title="Listing Regulations" target="_blank">Listing Regulations</a> </strong> from <strong><a href="//www.slideshare.net/proglobalcorpindia" target="_blank">Proglobalcorp India</a></strong> </div>Unknownnoreply@blogger.comNew Delhi, Delhi, India28.6139391 77.20902120000005228.1680166 76.563574200000048 29.059861599999998 77.854468200000056