CS UPDATE SEPTEMBER 2, 2014

Purity of speech, of the mind, of the senses, and of a compassionate heart are needed by one who desires to rise to the divine platform.”

  CHANAKYA  

REGULATORY UPDATE

EMPLOYEES’ PENSION (SECOND AMENDMENT) SCHEME, 2014

EMPLOYEES’ PROVIDENT FUNDS (AMENDMENT) SCHEME, 2014

IMPLEMENTATION OF BASEL III CAPITAL REGULATIONS IN INDIA – AMENDMENTS

RBI ADVISED THAT BANKS SHOULD CLEARLY DELINEATE THE PROCEDURE FOR DISPOSAL OF LOAN PROPOSALS, WITH APPROPRIATE TIMELINES, AND INSTITUTE A SUITABLE MONITORING MECHANISM FOR REVIEWING APPLICATIONS PENDING BEYOND THE SPECIFIED PERIOD.

RBI CLARIFIED THAT SAVINGS AS WELL AS CURRENT ACCOUNT SHOULD BE TREATED AS INOPERATIVE/DORMANT IF THERE ARE NO TRANSACTIONS IN THE ACCOUNT FOR OVER A PERIOD OF TWO YEARS.

RBI ADVISED THE BANKS TO ENSURE THAT ACCOUNTS OF ALL STUDENT BENEFICIARIES UNDER THE VARIOUS CENTRAL/STATE GOVERNMENT SCHOLARSHIP SCHEMES ARE FREE FROM RESTRICTIONS OF ‘MINIMUM BALANCE’ AND ‘TOTAL CREDIT LIMIT’.

CASE UPDATE

HON’BLE SUPREME COURT IN THE MATTER OF CHANDIGARH ADMINISTRATION & ANOTHER VERSUS JASMINE KAUR & OTHERS WITH JESSICA REHSI VERSUS CHANDIGARH ADMINISTRATION & ORS.

LEGAL TERM OF THE DAY

Animus Possidendi

Intention to possess.

ICSI UPDATE

INDEPENDENT DIRECTORS REPOSITORY

PUNE CHAPTER OF ICSI ANNOUNCES MASTER CLASS ON COMPANY LAW

LONDON GLOBAL CONVENTION - 2014

INVITATION TO PARTICIPATE IN THE 14TH ICSI NATIONAL AWARDS FOR EXCELLENCE IN CORPORATE GOVERNANCE

PMQ COURSES OFFERED BY THE INSTITUTE OF COMPANY SECRETARIES OF INDIA

VIEWS/SUGGESTIONS SOLICITED ON SEBI DISCUSSION PAPER ON REVIEW OF CLAUSE 36 AND RELATED CLAUSES OF EQUITY LISTING AGREEMENT

FOR PREVIOUS CS UPDATES VISIT :

http://www.icsi.edu/Member/CSUpdate.aspx

Directorate of Professional Development, The ICSI. Email:  csupdate@icsi.edu