Barnita Jain & Associates Company Secretaries

30/01/2021

CS TRAINEE REQUIRED WITH IMMEDIATE BASIS JOINING

29/07/2017

CS Trainee required
Barnita Jain & Associates
Location Noida Sector 62
Please contact or reply here.

04/10/2016

MCA introduces SPICE for Company Formation

In keeping with international practices, the Ministry of Corporate Affairs (MCA) has come up with a new scheme for filing an incorporation application with the Registrar of Companies under the Companies Act 2013 called the Simplified Proforma for Incorporating Company Electronically (SPICE).

Highlights of the scheme
The new integrated process of incorporation of a company introduced in e-form INC-32 with Memorandum of Association (e-MOA) and Articles of Association (e-AOA) in e-form INC-33 and INC-34 respectively.
With new e-MOA and e-AOA, there is no need of the traditionally used subscriber sheet. Digital signature of subscribers will be required instead.
This eliminated the requirements of notarising and apostillisation of subscriber sheet
Witness to the subscriber to the company must also sign digitally.
through e-form INC-1, after which e-form 32 can be filed for the Incorporation of Company.Unlike e-form INC-29, name reservation can be applied for earlier.

24/04/2016

Cs trainee required ...

27/02/2016

New trains in railway budget:
Humsafar : For middle class ..IR shall focus on India's middle class travellers will be an three tiered AC trains with optional meals

Tejas:For those in a hurry
This shall be the India's answer to bullet trains speed ranging up to 130kmph with quality onboard facility

Uday -double deckers
Train with intention of increasing passenger capacity in railway services on busy routes.These trains will run overnight connecting major cities accros the country.

Antyodaya :For economically backward class
These superfast trains which will have only unreserved coaches,will focus on transporting the common man in a time bound manner without burning a hole in his pocket

27/02/2016

Freedom 251 maker Ringing bells accused of fraud by its customer service provider..

25/04/2015

Northern India Regional Council (NIRC) of the Institute of Company Secretaries of India (ICSI) is organizing Campus Placement for Students (NOT APPEARING IN JUNE, 2015 EXAMINATION) and seeking training (either 15 months or as per Modified Training Structure) on Saturday, 02nd May, 2015 at ICSI NIRC, Plot No 4, Prasad Nagar Institutional Area, New Delhi-110005 from 10:00 am onwards. A separate Campus Placement for Students appearing in June, 2015 examination shall be organized by NIRC-ICSI after their exams are over.

23/04/2015

Barnita Jain and Associates in Rajendra Nagar Ghaziabad, Delhi listed under CA with Address, contact number, reviews & ratings. Visit Justdial for Barnita Jain and Associates in Rajendra Nagar Ghaziabad, Delhi.

28/03/2015

Section 454 of the Companies Act empowers MCA for appointment of adjudication officer for adjudication of penalties under the Companies Act, 2013. MCA has vide Notification No. [F.No. 4-4201 1/l 1212014-Ad.ll] dated 24.03.2015 appointed various ROC’s as adjudicating officer for adjudging penalties in their respective jurisdiction.

28/03/2015

Absolutely@@!!

24/03/2015

ALL FEMALE COMPANY SECRETARIES

Sub: Appointment of Women Directors – compliance with clause 49 (II) (A) (1) of Listing agreement and Section 149 of Companies Act, 2013.


As you are well aware that SEBI vide its circular dated 17th April, 2014 has made it mandatory for all the listed companies to appoint atleast one Woman Director on their Board of Directors by 31st March, 2015 in alignment with the requirement of Section 149 of the Companies Act, 2013, under corporate governance norms.

With just 08 days left to meet the deadline, SEBI is very serious on the compliance to these norms and has proactively sought the action initiated to ensure compliance with the aforesaid requirement for the companies that are yet to appoint a Woman Director on their board.

The Institute is preparing a Panel of Female Company Secretaries for appointment of Woman Director on the Board of Listed Companies and the same would be hosted on the Institute’s website.

I request all the Female Company Secretaries, who are willing to be appointed on the Board of Directors of Listed Companies to forward their particulars to [email protected] by return e-mail.

18/03/2015

Direct Tax:
Signing of tax pact with US under FATCA gets nod
The Cabinet on Tuesday approved the signing of an inter-governmental agreement between India and the US seeking to impose higher withholding tax on Indian companies on their US income, if they do not provide information about their clients to the US government. The agreement under the Foreign Account Tax Compliance Act (FATCA) will enable exchange of information on cases of tax avoidance through overseas entities. Read more at:
http://www.business-standard.com/article/economy-policy/signing-of-tax-pact-with-us-under-fatca-gets-nod-115031701332_1.html

Banks show sharp growth in advance tax collections for Q4
Banks have shown healthy growth in their advance tax deposit this quarter, with the highest payer, State Bank of India, depositing Rs 1,750 crore, 20 per cent higher than in the corresponding period of the previous year. According to sources, ICICI Bank and YES Bank have shown 32 per cent and 30 per cent jump in their tax deposit to Rs 1,295 and Rs 260 crore, respectively, in the quarter. Advance tax numbers are significant, as they are used by analysts to reverse-calculate profit before taxes. Read more at:
http://www.business-standard.com/article/companies/q4-advance-tax-collections-hint-at-a-mixed-quarter-for-india-inc-115031600772_1.html


SEBI:
Sebi to act against companies with no woman director
Market regulator Sebi will take 'necessary' action against listed firms which fail to appoint at least one woman director on their Boards by the end of this month, Parliament was informed today. The capital markets watchdog had issued guidelines in February last year asking companies to appoint at least one woman director on their boards by October 1, 2014 which was later relaxed to April 1, 2015. Read more at:
http://www.business-standard.com/article/pti-stories/sebi-to-take-action-against-cos-with-no-woman-director-govt-115031700585_1.html

Fraudulent Investment Websites Under Sebi Scanner: Report
A large number of fraudulent websites, luring investors with promise of high and quick returns in stock market, have come under the scanner of the Securities and Exchange Board of India (Sebi) and may have to soon shut shop and pay huge penalties.Sources said that over 50 such websites have come to the notice of the regulator, including through complaints filed by investors and whistleblowers, and penal action has already been initiated against those running illicit operations. Read more at:
http://profit.ndtv.com/budget/fraudulent-investment-websites-under-sebi-scanner-report-747087

GIFT City regulations top Sebi board meet agenda
The Sebi board will meet on March 22 to finalise regulations pertaining to the Gujarat International Finance Tec-City (GIFT). A revision of the debt-to-equity conversion pricing formula and viability study of optionally fully convertible debentures (OFCDs) are also on agenda, said three people familiar with the matter. Finance minister ArunJaitley will address the board meet on Sunday. Among other things, the eligibility criteria for service providers, tax rate and legal framework for the GIFT City will be discussed. A tax rate of 0-3% has been proposed to encourage entities to establish business. Read more at:
http://www.financialexpress.com/article/markets/indian-markets/gift-city-regulations-top-sebi-board-meet-agenda/54325/

Sebi seeks details of trades done in Pipavav Defence stock prior to stake sale
Market regulator Sebi has asked stock exchanges for details of trades done in the PipavavDefence stock prior to the company's recent announcement of stake sale to Reliance Infrastructure, said a senior exchange official. Sebi is probing whether some market participants had built positions in the stock, aided by prior knowledge on the matter. Read more at:
http://economictimes.indiatimes.com/markets/stocks/news/sebi-seeks-details-of-trades-done-in-pipavav-defence-stock-prior-to-stake-sale/articleshow/46589277.cms


RBI:
Reserve Bank's rigidity on liquidity holding back lower rates
The Reserve Bank of India's decision to keep liquidity stance as it is while reducing interest rate partly explains why the half-a-percentage point reduction in the key policy rate is not benefiting borrowers. On the contrary, bond yields are higher than what they were before January 15 surprise interest rate-cut. The RBI's cap on lending to banks at just 0.25% of the net demand and time deposits at the repo rate may well be the reason why rates are not easing immediately. Read more at:
http://economictimes.indiatimes.com/industry/banking/finance/banking/reserve-banks-rigidity-on-liquidity-holding-back-lower-rates/articleshow/46591067.cms

RBI further restricts gold imports
The Reserve Bank of India yesterday late evening asked the banks not to sell gold imported on consignment basis to jewellers on outright basis. The clarification is expected to tighten gold imports. On 18th February the central bank allowed banks to import gold on consignment basis and also allowed them to provide gold metal loans to jewellers. However, banks were found importing gold on consignment basis and selling that to jewellers against full payment. Read more at:
http://www.business-standard.com/article/markets/rbi-further-restricts-gold-imports-115031700347_1.html


Economy & News:
Tender cancellation issue hits PM Modi's Smart City project
The NarendraModi government's ambitious smart city project has run into a hitch with the last-minute cancellation of its first major tender — to hire a consultant — amid allegations of "conflict of interest". International consultancy firm McKinsey "unofficially" helped out the urban development ministry in preparing the groundwork for the Rs 7,000-crore project and one of its consultants even authored a key tender document for the selection of the consultant, said people in the know. Read more at:
http://economictimes.indiatimes.com/news/economy/infrastructure/tender-cancellation-issue-hits-pm-modis-smart-city-project/articleshow/46602293.cms

Two months on, banks still clueless about Sukanya Samriddhi Yojana
Nearly two months after the Sukanya Samriddhi Yojana was launched, bank branches are still awaiting guidelines on the small savings scheme for girls. Sukanya accounts can be opened in post offices and designated banks. While post offices have witnessed a deluge of investors and opened close to 1.8 lakh accounts in the past two months, banks remain clueless about the scheme. Read more at:
http://economictimes.indiatimes.com/news/economy/policy/two-months-on-banks-still-clueless-about-sukanya-samriddhi-yojana/articleshow/46603208.cms

MHA cancels licenses of 1142 NGOs and associations including Osmania University
Beginning what is expected to be a comprehensive crackdown on NGO's and associations accepting foreign funds without complying with the regulation of filing annual returns, the Home Ministry has cancelled the Foreign Contribution Regulation Act (FCRA) licences of 1,142 associations in erstwhile state of Andhra Pradesh. Read more at:
http://economictimes.indiatimes.com/articleshow/46600062.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Ignoring Raghuram Rajan's 2005 prediction was a big mistake: IMF chief Christine Lagarde
Showering praise on Raghuram Rajan, IMF chief Christine Lagarde today said not listening to his prediction of 2008 credit crisis was a big mistake of the multilateral funding agency. Rajan, now the Reserve Bank Governor, was the Chief Economist and Research Director at the IMF during 2003-2006. He is credited with correctly forecasting in 2005 an impending global financial crisis at the annual meeting of prominent economists and bankers at Jackson Hole, US. Read more at:
http://economictimes.indiatimes.com/articleshow/46600576.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

The Cabinet on Tuesday approved the signing of an inter-governmental agreement between India and the US seeking to impose higher withholding tax on Indian corporates on their US income, if they do not provide information about their clients to the