Investment in NBFCs from FATF non-compliant jurisdictions

Investment in NBFCs from FATF non-compliant jurisdictions RBI/2020-2021/97DOR.CO.LIC.CC No.119/03.10.001/2020-21 February 12, 2021 ToNon-Banking Financial Companies (NBFCs)(including Housing Finance Companies) andAsset Reconstruction Companies Madam / Dear Sir, Investment in NBFCs from FATF non-compliant jurisdictions The Financial Action Task Force (FATF) periodically identifies jurisdictions with weak measures to combat money …

Producer Companies Rules 2021 notified by MCA

Producer Companies Rules 2021 notified by MCA.    MINISTRY OF CORPORATE AFFAIRS   NOTIFICATION   New Delhi, the 11th February, 2021   G.S.R.112(E).—In exercise of the powers conferred by sub-section (4) of section 378H and sub-section (1) of section 378ZL read with sub-sections (1) and (2) of section …

ICAI Handbook on Role of Women Directors in Company

ICAI Handbook on Role of Women Directors in Companies As per the statement given in the Govt., Rajya Sabha as on as on 31.03.2017, 25.01% of the directors on the boards of companies were women directors. Section 149 of the Companies Act 2013 provides that every company shall …