Dear Reader(s)
At the outset Team CLV extends its sincere thanks to all its readers for their overwhelming response to the First issue of CLV Corporate an e-communiqué of www.clvlive.com and various suggestions tendered by them , which the Team ,to some extent have incorporated in its second edition for the October month.
With the grace of almighty, honest efforts of the Team and the motivational reviews given by our readers, we present October edition (second) of the e-communiqué to all our esteemed readers.
Our end goal is and would always be to keep you update about the major events taking place in the legal as well corporate world and seek your valuable suggestions and expert guidance that would serve as a means to achieve our ends.
“Distinguished feature of the second edition of the e-communiqué is the case study of certain queries put forth by the Companies before SEBI for its informal guidance under Informal (Guidance) Scheme 2003.”
Major Highlights of CLV Corporate-October Edition
Corporate News
Vedanta defer proposed group restructuring
UB Group looking to spin off Subsidiaries
Lupin acquired Majority Stake in
Deutsche Bank to Take Equity Stake in BPL
Union Bank to Provide Wealth Management Services
Religare Aegon AMC Gets SEBI Nod to Launch Mutual Fund Business
Siemens & Unitech- The Best Performing Company In
Lehman Brothers Collapse
HCL wins The Battle for Axon….Read More
Legal Updates
The Ministry of Corporate Affairs revised four forms & introduced new version of forms
SEBI amends the Equity Listing Agreement
Direct receipt of Import Bills / Documents – Liberalization
Overseas Investment – Rationalization
Advance Remittances for Import of Services
Reclassification of NBFCS
Non-Payment of Service Tax by SEZ Units Providing Taxable Service outside SEZ
External Commercial Borrowings Policy….Read More
Legal Guidance –Case Study
-Whether the Company can allot shares against the stock options already vested in the employees as subsisting liabilities during the buyback period ?
-In case of ESOP managed through trust, Should the transaction of the trust be reflected in the financials of the company as if these have been carried out by the company itself and the account of the trust to be consolidated with the company financials?
Can the company grant options to such independent directors under ESOP who will be acting as trustees to the trust?
Can the independent non executive directors of the company be appointed as trustees of the trust?....Check out the attach October Edition to get these answers
Please send your comments/feedback/ suggestions through e-mail at info@clvlive.com
Team CLV expects your positive response to CLV Corporate and wishes you and your family good health, wealth and prosperity in every bit of your life.
Happy Learning & Sharing
Thanking you,
With Best Regards
Team CLV
