Practising Company Secretary with expertise in the FEMA Matters. Was heading the Knowledge & Resources Division at Mamta Binani & Associates as a Partner.
I am an avid reader and a passionate writer. I have had the opportunity to contribute in numerous journals and a couple of books.
She is recognized as a person with high caliber who keeps herself updated with the new avenues of learning for her and thereby contributes to all.
She has been a meritorious student during her acad...
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I am working as an independent corporate law consultant. I am also an educator for CS students.
An Associate Member of ICSI
Commerce Graduate
Foundation course of ICCC on career counselling
For writing best write-ups.
Deliberation on Kotak Committee Report
Background On the 1st of March, 2021 a consultation paper – ‘Consultation Paper on Review of Regulatory Provisions related to Independent Directors’[1] was released for soliciting comments and/or views on the proposal son review of regulatory provisions related to Independent Directors (IDs)on the boards ......
Preface As discussed in my previous article – ‘What was in store for the Companies Act 2013 in this Union Budget 2021-2022?’, the Hon’ble Finance Minister Ms. Nirmala Sitharaman proposed in her Budget speech for 2021-2022 to decriminalize offences under the Limited Liability Partnership (LLP) Act, 2008 (the LLP Act) following cue to the same that has been implemented for a......
On the 1st of February 2021 Ms.Nirmala Sitharaman, Hon’ble Finance Minister (FM) delivered the Union Budget 2021-2022 (the Budget) wherein she proposed certain changes regarding some aspects of the Companies Act, 2013. [1] The Budget had been based on 6 pillars as mentioned by the Hon’ble FM in her speech. The pillars being: - i. Health and Wellbeingii. Physical & Financial Capit......
‘IBC Case Laws - Snippets’, is an effort of the Knowledge & Resources Division of Mamta Binani & Associates to compile snippets of few of the Orders of the Honourable Supreme Court, Honorable NCLT and the Honorable NCLAT in relation to the Insolvency and Bankruptcy Code, 2016 for easy reference and convenience. The extracts have been reiterated from the Orders pronounced by th......
‘IBC Case Laws - Snippets’, is an effort of the Knowledge & Resources Division of Mamta Binani & Associates to compile snippets of few of the Orders of the Honorable Supreme Court, Honourable NCLT and the Honorable NCLAT in relation to the Insolvency and Bankruptcy Code, 2016 for easy reference and convenience. The extracts have been reiterated from the Orders pronounced by th......
Introduction On the 14th of June, 2018 the Ministry of Corporate Affairs (MCA) brought in the Companies (Significant Beneficial Owners) Rules, 2018[1] (SBO Rules) in order to keep a track of the actual holders of the share capital of a corporate entity. With regard to the above, on the 7th of December, 2018 the SEBI prescribed the format of disclosure of the Significant Beneficial Ownersh......
Mamta Binani & Associates Company Secretaries Kolkata | Pune | Chennai Contrib......
Background In order to amend the Companies Act, 2013 (“the Act”) and to streamline it with the demands of changing corporate environment, the Companies (Amendment) Ordinance, 2018 (“the Ordinance”) was promulgated and brought into effect from the 2nd of November 2018[1]. The key area of the amendments focuses on the decriminalization of numerous offenses as had be......
Mamta Binani & Associates, Company Secretaries Background The Companies (Authorised to Register) Second Amendment Rules, 2018 were made effective from the 15th August 2018[1](Amendment Rules). URC-1 notified vide these Amendment Rules have been made available for filing purposes with effect from 9th October 2018 The eForm URC-1 is a form th......
Partner Mamta Binani & Associates ......
Partner Knowledge & Resources Division Mamta Binani & Associates Dear Professional Colleagues, On the 12th of September 2018, the Ministry of Corporate Affairs (MCA) notified sections 66 to 70 of the Companies (Amendment) Act, 2017[1] (CAA, 2017). The sections have been notified and brought into effect in tranches. The amendments have been brought certain sections of Chapter XIII of ......
Preface The Reserve Bank of India (RBI) has through various public notices dated December 24, 2013[1], February 01, 2017[2] and December 05, 2017[3], cautioned users, holders and traders of virtual currencies, including Bitcoins, regarding various risks associated in dealing with such virtual currencies. The creation, trading or usage of Virtual currencies (VCs) including Bitcoins, as a ......
Mamta Binani & Associates Company Secretaries Kolkata | Pune | ChennaiBackground The Ministry of Corporate Affairs (the ‘MCA’) vide its circular dated the 13th of June, 2018[1] introduced the Companies (Significant Beneficial Owners) Rules, 2018 (‘Rules’). Earlier, a draft set of rules had been released by the MCA on the 15th of February, 2018[2]. These Rules co......
