RBI prescribes guidelines for dividend pay-out by NBFCs domain-b.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from domain-b.com Daily Mail and Mail on Sunday newspapers.
To print this article, all you need is to be registered or login on Mondaq.com. There has been a debate about building into statutes,
criminal liability for acts that are civil in nature. Hence, for
Companies Act, certain amendments are proposed to be made that will
correct this.
1
The views expressed in this excerpt from India s 2020-2021
Union Budget Speech have been incorporated in the Ministry of
Corporate Affairs (
MCA ) 2020
amendment to the Companies Act, 2013. The MCA has facilitated the
ease of doing business in India by introducing significant
compliance and other relaxations to companies, as well as to their
Delhi High Court Seeks RBI, Centre, DHFL Response On Plea Against Rules Allowing NBFCs Resolution Under IBC livelaw.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livelaw.in Daily Mail and Mail on Sunday newspapers.
The Companies (Amendment) Act recently entered into force and aims to decriminalise minor, technical and procedural non-compliance based on the nature and gravity of such offences, thereby facilitating and promoting the ease of doing business and further facilitating the ease of living for law-abiding corporates in India.
Bidding for the bankrupt Indian shadow lender was both a strategic and a platform-driven decision for the billionaire, who trumped competitor Oaktree Capital due to brand familiarity, and better relations with bankers and stakeholders