Alerts & Updates

  • RBI grants in-principal approval for Payment Banks.


  • Online reporting with RBI.


  • Note on clarification issued by MCA.

Clarification issued on validity and transition period of resolutions passed under Old Act

The Ministry of Corporate Affairs (“MCA”) has clarified vide its circular http://mca.gov.in/Ministry/pdf/General_Circular_32-2014_23072014.pdf dated 23rd July, 2014, on the validity and transitional period of resolutions passed by Companies during the financial year 2013-14 under the provisions of erstwhile Companies Act, 1956 and its validity after coming into effect of corresponding provisions of Companies Act, 2013.

- Clarification issued on validity and transition period of resolutions passed under Old Act