· In section 36 of the Arbitration and Conciliation Act, 1996 new proviso has been inserted which says that if the court is satisfied that a prima facie case is made out that an arbitration agreement or contract or an arbitration award was made under pressure or effected by fraud or corruption, it shall stay the award unconditionally pending disposal of the challenge under section 34 to the award.
This proviso shall be effected from 23rd day of October, 2015, which means the proviso shall apply to all court cases arising out of or in relation to arbitral proceedings, irrespective of whether the arbitral or court proceedings were commenced prior to or after the commencement of the Arbitration and Conciliation (Amendment) Act, 2015.
· The Eight Schedule has been omitted and the qualifications, experience and norms for accreditation of arbitrators shall be specified by the regulations.
Hello Members,
I have a query related to form PAS 6 to be filed for separate ISIN of unlisted public company, as preference and equity capital are registered under two separate ISINs, Just wanted to confirm that Suppose, total Issued and Paid Up capital of the company comprises of 1,50,000 shares, where,
equity capital comprises 50,000 shares and Preference capital comprises 100,000 shares, then in this case at point No. 5 of form PAS 6, issued capital will be mentioned as 50,000 for equity shares and 100000 for preference shares in two separate forms or Total Issued Capital (150000) is to be considered in both forms?
Unlisted Public Companies are required to submit a Reconciliation Capital Audit Report to ROC.
Click here to view / answer Share it onDear Professionals,
In reference to the subject above, kindly provide word format of reconciliation of Share Capital Audit for listed Companies as per Regulation 76 of SEBI (Depository and Participant) Regulations 2018.
Hello,
Do we need to file half yearly re conciliation of share capital audit report before 31-10-2019 for unlisted public limited companies?
if yes then under which form we need to file the same?
Dear Experts,
Whether the Re-conciliation of Share Capital Audit by Deemed Public Companies (subsidiary of Private Limited Companies) is required to be done ?