Author Archive for: vishesh
Entries by Vinod Kothari Consultants
Implication of definitional change in related parties- As per the Companies (Amendment) Act, 2017
By Smriti Wadehra (corplaw@vinodkothari.com) Introduction The Companies Act, 1956 (“Act, 1956”) did not define the word ‘related party’, however, in 12th September, 2013, MCA enforced the relevant provisions of the Companies Act, 2013 (“Act, 2013”) which defined the above term for the first time, and ever since then the definition has been changing to broaden […]
RBI’s First Monetary Policy for FY 2018-19
Anita Baid finserv@vinodkothari.com The Reserve Bank of India (RBI) released its first monetary policy statement for FY 2018-19 on April 05, 2018[1] (‘Policy Statement’). The aforesaid statement sets out various developmental and regulatory policy measures for the financial sector. It aims at strengthening regulation and supervision; broadening and deepening financial markets; improving currency management; […]