Section 23 – The Company Secretaries Act, 1980

Constitution and functions of Regional Councils For the purpose of advising and assisting it on matters concerning its functions, the Council may constitute such Regional Councils as and when it deems fit for one or more of the regional constituencies that may be notified by the Central Government under clause (a) of sub-section (2) of section 9. (2) The Regional Councils shall […]

Section 22E – The Company Secretaries Act, 1980

Appeal to Authority (1) Any member of the Institute aggrieved by any order of the Board of Discipline or the Disciplinary Committee imposing on him any of the penalties referred to in sub-section (3) of section 21A and sub-section (3) of section 21B, may within ninety days from the date on which the order is communicated to him, prefer an appeal to

Section 22D – The Company Secretaries Act, 1980

Officers and other staff of Authority (1) The Council shall make available to the Authority such officers and other staff members as may be necessary for the efficient performance of the functions of the Authority. (2) The salaries and allowances and conditions of service of the officers and other staff members of the Authority shall be such as may be prescribed.]   Amendment

Section 22C – The Company Secretaries Act, 1980

Procedure, etc. of Authority The provisions of section 22C, section 22D and section 22F of the Chartered Accountants Act, 1949 shall apply to the Authority in relation to allowances and terms and conditions of service of its Chairperson and members, and in the discharge of its functions under this Act as they apply to it in the discharge of its functions under the Chartered Accountants

Section 22B – The Company Secretaries Act, 1980

Term of office of members of Authority A person appointed as a member shall hold office for a term of three years from the date on which he enters upon his office or until he attains the age of sixty two years, whichever is earlier.   Amendment 1 Inserted by The Company Secretaries (Amendment) Act, 2006 w.e.f. 17-11-2006 Practice

Section 22A – The Company Secretaries Act, 1980

Constitution of Appellate Authority The Appellate Authority constituted under sub-section (1) of section 22A of the Chartered Accountants Act, 1949, shall be deemed to be the Appellate Authority for the purposes of this Act subject to the modification that for clause (b) of said sub-section (1), the following clause had been substituted, namely :– (b) the Central Government shall,

Bridge Round

Bridge rounds are interim financing rounds raised between larger funding rounds. Bridge rounds can imply that a startup is facing difficulties—although this is not always the case. Bridge rounds are typically structured as convertible debt. When a startup needs additional capital between two rounds of financing, they might raise a “bridge financing round” (often abbreviated

Convertible Note

India is gradually on its mission to build a robust startup ecosystem. In order to promote and support startups, the government has formed a ministry (department) dedicated to helping new businesses. Furthermore, the Central Government of India has also introduced many schemes to bolster entrepreneurship in India and to assist emerging startups financially with their

New Methodology for FoSCoS User ID

The Food Safety & Standard Authority of India (FSSAI) vide its notification dated 25th November 2021 has introduced Licence/ Registration or application number based user ids on Food Safety and Compliance System (FoSCoS) portal. FoSCoS provides multiservice for Food Business Operator (FOB), such as granting licenses and registration to FOB, and other regulatory compliances services. FSSAI registration is one of the

DESH Bill, 2022

About 378 SEZs were announced after India approved the Special Economic Zones (SEZ) Act, of 2005 and the rules regulating SEZs went into force in 2006. However, only 268 of them were operational as of March 2022; the government de-notified those SEZs that were not active. Finance Minister Nirmala Sitharaman highlighted the government’s plan to modify the