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Do firms' Covid spend on staff count as CSR? - The Hindu BusinessLine

Do firms’ Covid spend on staff count as CSR?
×
Vaccination of employees isn’t considered a community activity. But it should be. A clarification from MCA is needed
The government recently allowed corporates to vaccinate their employees at their premises. This decision has led to many companies chalking out plans to get their staff and their immediate families inoculated against the novel coronavirus.
While there is a section that believes that responsible companies should in any case spend on employee vaccination, another set feels it should be considered a social responsibility and, therefore, a part of Corporate Social Responsibility (CSR). ....

Devesh Prakash , Aseem Chawla , Nitin Sethi , Preeti Malhotra , Ministry Of Corporate Affairs , Assocham National Council Of Company Law , Smart Bharat Group , Financial Accounting Advisory Services , Audit Committee , Corporate Social Responsibility , Companies Act , Corporate Affairs , Assocham National Council , Company Law , Corporate Governance , Corporate India , South Asia , அசீம் சாவ்லா , நிடின் சேதி , பிரீதி மல்ஹோத்ரா , அமைச்சகம் ஆஃப் பெருநிறுவன வாழ்க்கைத்தொழில்கள் , தணிக்கை குழு , பெருநிறுவன சமூக பொறுப்பு , நிறுவனங்கள் நாடகம் , பெருநிறுவன வாழ்க்கைத்தொழில்கள் , நிறுவனம் சட்டம் ,

Booster shot: India Inc plans Covid-19 jabs for staff, families

Booster shot: India Inc plans Covid-19 jabs for staff, families
Our Bureau
New Delhi/Mumbai |
Updated on
April 21, 2021
Companies feel that there is a need for more clarity on availability, pricing of vaccines - MURALI KUMAR K
Companies feel that there is a need for more clarity on availability, pricing of vaccines - MURALI KUMAR K×
To help employees as vaccination is not covered, as part of the health insurance, under OPD policy
Following the Centre’s decision to allow partial sale of the Covid-19 vaccines in the open market, India Inc has started chalking out plans to get its staff and their immediate families inoculated against the novel coronavirus. ....

India General , Corona Kavach , Arvind Mediratta , Aseem Chawla , Suresh Narayanan , Bajaj Allianz , Indigo Airlines , Patient Department , India Inc , Biocon Group , Motor Company , Amazon India , Hindustan Coca Cola Beverages , Tech Mahindra , Fortis Healthcare , Gurugram Based Medanta , Metro Cash , Carry India , Jindal Stainless , Hero Motocorp , Outpatient Department , Chief Technical Officer , Bajaj Allianz General Insurance , Managing Partner , இந்தியா ஜநரல் , கொரோனா கவச் ,

And now, Centre lets 'one person company', small firms file abridged annual returns

And now, Centre lets ‘one person company’, small firms file abridged annual returns
March 08, 2021
Move may ease compliance burden
On the heels of budget proposals to encourage formation of ‘small company’ and ‘one person company’, the Ministry of Corporate Affairs has come up with an abridged version of annual return for such companies.
This move is seen as yet another effort by the government to ensure ease of doing business for companies and attract foreign investments. It will go a long way to lighten the compliance burden of several lakhs of companies.
Besides revising the definition of a small company in the recent budget, it had also allowed NRIs to incorporate one person company. These changes are to come into effect from April 1. As per the amendment effected for definition of small company, the government has now stipulated that the paid-up capital cannot exceed ₹2 crore and turnover ₹ 20 crore. ....

Aseem Chawla , Ministry Of Corporate Affairs , Person Company , Corporate Affairs , Companies Act , Managing Partner , One Person Company , General Corporate , Small Company , Annual Return , அசீம் சாவ்லா , அமைச்சகம் ஆஃப் பெருநிறுவன வாழ்க்கைத்தொழில்கள் , நபர் நிறுவனம் , பெருநிறுவன வாழ்க்கைத்தொழில்கள் , நிறுவனங்கள் நாடகம் , நிர்வகித்தல் கூட்டாளர் , ஒன்று நபர் நிறுவனம் , ஜநரல் பெருநிறுவன , சிறிய நிறுவனம் , ஆண்டு திரும்ப ,

Liquidators now required to put stakeholders list on IBBI website

Liquidators now required to put stakeholders list on IBBI website
K.R.Srivats
New Delhi |
Updated on
March 05, 2021
Insolvency regulator’s move to usher in transparency, say experts
Insolvency regulator Insolvency and Bankruptcy Board of India (IBBI) has now stipulated that liquidators must submit the list of stakeholders category-wise and on the basis of proof of claims submitted in a liquidation process on the electronic platform of the Board for dissemination on its website.
This will have to be done apart from filing such a list with the Adjudicating Authority (NCLT) within fortyfive days from the last date for receipt of the claims. ....

Vaibhav Gaggar , Aseem Chawla , Raj Bhalla , Gaggar Associates , Mv Kini Co , Bankruptcy Board , Adjudicating Authority , Managing Partner , Stakeholders List , Ibbi Web Site , வைபவ் ககர் , அசீம் சாவ்லா , ராஜ் பல்லா , ககர் கூட்டாளிகள் , ம்வ் கினி இணை , திவால்நிலை பலகை , நிர்வகித்தல் கூட்டாளர் ,

MCA to lift open the 'ownership' veil on Limited Liability Partnerships

MCA to lift open the ‘ownership’ veil on Limited Liability Partnerships
February 19, 2021
×
After taking steps to identify the “real owners (individuals)” with “beneficial ownership” in companies, the government has now turned its sight on Limited Liability Partnerships (LLPs).
It has now decided to identify those individual(s) holding/exercising significant ownership/control in LLPs by requiring them to disclose details of their “Significant Beneficial Owners” (SBOs) so that those with “controlling interests” are identified.
A beneficial owner different from a legal owner is an individual who ultimately owns or controls more than 25 per cent (or sometimes even more than 10 per cent) of a company’s shares or exercises control over the management. The provisions around SBOs in the Companies Act 2013 are proposed to be soon extended to LLP Act, the MCA has now said. ....

Sumit Naib , Aseem Chawla , Harish Kumar , Liability Partnerships Llps , Limited Liability Partnerships , Companies Act , Related Parties , Managing Partner , Nangia Andersen India , Significant Beneficial Owners , Beneficial Ownership , Controlling Interests , Companies Act 2013 , சுமிட் னைப் , அசீம் சாவ்லா , கடுமையான குமார் , வரையறுக்கப்பட்டவை பொறுப்பு கூட்டாண்மை , நிறுவனங்கள் நாடகம் , தொடர்புடையது கட்சிகள் , நிர்வகித்தல் கூட்டாளர் , ணங்கிய ஆண்டர்சன் இந்தியா , குறிப்பிடத்தக்க நன்மை பயக்கும் ஓநர்ஸ் , நன்மை பயக்கும் ஓநர்‌ஶிப் , கட்டுப்படுத்துதல் ஆர்வங்கள் ,