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Newsletter – backup 2020-09-21T16:50:06+00:00

Editorial
Together, we all completed our first month of Work from Home (WFH).

Editorial
We face unprecedented times due to Covid-19. Lockdown is not only a part of our vocabulary now but is also overpowering our lives.

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The regulators deferred by two months the requirement of the much debatable mandate for Independent Directors to register in a specified database by February 29th and qualify within the next 12 months by passing an examination.

Editorial
On January 31, 2020 we released India Secretarial Practice 2019 report. This is the fourth in our series of Secretarial Practice Reports that we started in 2015.

Team CimplyFive Wishes you all a very happy, prosperous and compliant new year 2020

2019 was a momentous year for the Indian corporate professionals for it saw unprecedented action, reaction and response on the regulatory front, triggered by the penalty provisions relating to mandatory CSR spends

Editorial

The Report of the Company Law Committee on further recategorization of certain criminal compoundable offences to civil wrongs of November 14th is a welcome step in promoting Ease of Doing Business.

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The traditionally busy month October is also the month where compliant professionals feel let down for having adhered to the compliance timelines

Editorial

On September 10th we achieved a critical milestone when CAIRR, our free to use website www.ca2013.com, crossed five-million page views. What is heartening is that each succeeding million has been reached in a shorter time span. Team CimplyFive thanks you for your continuing support and patronage to our website.

Editorial

On September 3rd this week, CimplyFive celebrated its fifth birthday. We thank you all for your support in making our journey exciting and engaging. We seek your continuing support as we march on to make BLISS the de-facto standard for Secretarial Practice in India

Editorial

CimplyFive, your company is now ISO 27001, ISO 27017 and ISO 27018 certified. For our esteemed clients this means their data hosted in our BLISS software is secured by the state of art security systems and processes.

Editorial

Annual Secretarial Compliance Report for Listed Companies is a new reporting requirement introduced by the SEBI following the Kotak Committee recommendations.

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Our free-to-use website www.ca2013.com, that demonstrates our domain teams’ daily knowledge updating practice, reached a significant milestone on May 10th when it crossed four million page views.

Editorial

In April we spent some quality time on how our website www.ca2013.com can be made useful to entrepreneurs and senior corporate executives.

Editorial

Wish you all a very happy and prosperous New Financial Year.  I hope that the financial year just got over was to your satisfaction.

Editorial

On March 3rd, with a short pooja we shifted to a larger and more conveniently located office that is right next to the Srirampura metro station.

Editorial

BLISSGLOBAL is the new addition to CimplyFive family in January 2019.

Editorial

Team CimplyFive wishes all its readers a BLISSFUL new year; a year filled with good health, prosperity and happiness.

Editorial

The pace at which company law in India is changing continues unabated as the changes and the proposal for changes keep flowing.

Editorial

Wish you and your family a very happy and prosperous Diwali. On the professional front, may this festival of lights usher in an era of challenging assignments, satisfying performance and a desire to do more.

Editorial

September 30th marks the end of the statutory deadline for holding AGM for companies, an event that marks the completion of a year in the life of a company that triggers the need to file the Annual Returns.

Editorial

CimplyFive wishes all the Company Secretaries and students pursuing their Company Secretary course in India a very happy golden jubilee on the completion of 50th anniversary of ICSI formation.

Editorial

India has taken a significant step in moving towards good corporate governance by enacting the ‘Companies (Significant Beneficial Owners) Rules, 2018’ in June this year, thereby enhancing transparency.

Editorial

June 2018 saw us cross a critical milestone. Our free to use website www.ca2013.com that provides an integrated view of the Companies Act, 2013, IB Code and LODR crossed 2500 subscribers who have signed up to receive updates and 2 million pages views since its launch.

Editorial

Compliance professionals are seeing a marked shift in the environment in which they operate. For the first time, we are seeing large audit firms resigning prior to giving the audit report, as they were not getting information or cooperation from the management of companies.

Editorial

April was a busy month not only for the company secretaries and chartered accountants who were facilitating board meetings, but also our regulators. April saw fifteen changes in corporate law of which eight changes were in the Companies Act, 2013 in the form of notifications, orders and clarifications.  The large number of changes seen in the Companies Act, 2013 makes our free to use website www.ca2013.com a valuable, must daily access website for corporate professionals.

Editorial

Come April, we eagerly look forward to the new financial year. As we turn four, our anticipation runs high with our expanded product range starting from BLISS (Board Leaders Integrated Software Solution) our initial version, to what we have today− BLISSPLUS for large companies with enhanced features, BLISSLISTED for listed companies with LODR compliances integrated, BLISSDOCS an app for directors to access board documents on mobile or tablet that is available both on Android and IOS.

Editorial

Dear Reader,

The Union Cabinet’s decision to set up National Financial Reporting Authority (NFRA) looks to be a continuation of the trend toward more stringent enforcement regime.

Editorial

Dear Reader,

If we go by the popular saying, ‘a good beginning is a job half done’, we at CimplyFive have only the balance 50% to do in the next eleven months of 2018.

Editorial

Dear Reader,

Team CimplyFive wishes you, your family and your colleagues a BLISSFUL 2018. As we eagerly welcome the New Year, we look back at 2017 for what it was, a landmark year for company law enforcement that has long term implications for both the companies and corporate law professionals.

Editorial

Dear Reader,

It is December once again and New Year is just around the corner and with it we have seeded a new initiative, BLISS User Tip (BUT).

Editorial

Dear Reader,

The festival of lights came early this year in October brightening our business prospects.

Editorial

Dear Reader,

September 2017 marks a turning point in the corporate world as for the first time penalties that existed in statutes were enforced with a vigour that shook the board rooms across India.

Editorial

Dear Reader,

On September 3rd, we turned 3. As I reflect on the three years, the first thought that strikes me is that life in a start-up is like an emotional roller coaster ride.

Editorial

Dear Reader,

Our first research report based webinar in July 2017 was well attended. With 62 people participating, we were pleasantly surprised by overseas attendees, including individuals from the USA.

Editorial

Dear Reader,

June was a month of joy and happiness for us at CimplyFive as we achieved a few significant milestones.

Editorial

Dear Reader,

On May 29th, our free to use website on the Companies Act, 2013, www.ca2013.com, crossed half a million page views, i.e. 500,000 page views. We are now consistently getting about 500-700 visitors a day with over 3000 page views. What is heartening is the pace at which our site is gaining popularity. More satisfying is the repeat visitors who come to our site.

Editorial

Dear Reader,

April 2017 was another eventful months for us in CimplyFive. On April 17, we integrated Insolvency and Bankruptcy Code 2016 with the Companies Act 2013 in our free to use website www.ca2013.com. With 71 sections in the Companies Act, affected by the IB code, it was imperative to integrate the two to present a comprehensive and lucid point of view to the reader.

Editorial

Dear Reader,

April 1st is the beginning of a new financial year for all ‘Indian’ companies. We at CimplyFive wish you all a very compliant, prosperous and wealthy new year and hope 2017-18 will be better in every aspect than the year that has just gone by.

Editorial

Dear Reader,

At CimplyFive we believe that we keep ourselves professionally relevant only when our knowledge is up to date. We stay on our toes with our free to use website www.ca2013.com that is updated every day for changes in the Companies Act, 2013.

Editorial

Dear Reader,

They say there is nothing like a good beginning and I am happy to share with you that the year 2017 began for us on a very happy note. January 2017 saw the highest level of enquiries, request for product demos and some marquee customer signings. We believe we are on the right track and take inspiration from our customer feedback as we look ahead to meet their growing expectations.

Editorial

Dear Reader,

Wish you all a very happy 2017

A New Year not only provides us a valuable milestone to take stock of our performance but it also gives us the chance to discard our existing limitations and start a new beginning to achieve greater heights.

Editorial

Dear Reader,

A Very Happy New Year.

Have I got my dates wrong? No I think not, for in the Indian Corporate Secretarial world, Financial Year 2015-16 ended on November 29th and November 30th is the beginning of the new financial year.

Editorial

Dear Reader,

October was an interesting month for the corporate law professionals as the ‘Mistry’ episode brought company law procedures to the center stage. Board meeting, notice period for conducting Board Meeting and the innocuous residual item – Any other item with the permission of the Chair are among the hotly debated topics.

Editorial

Dear Reader,

September was a very eventful month at CimplyFive. We completed our second private placement of equity shares, expanded our Board of Directors and shifted to a larger office, fortunately for us in the very next building.  We are now nicely poised to serve a larger subscriber base with whom we are keen to engage.

Editorial

Dear Reader,

Its’ exciting doing it first time. More so if it is a novel experience not envisaged before. In the last week of August we had the unique experience of having over 400 students from St. Joseph’s College of Commerce using BLISS as a part of their internal assessment project in their Company Law & Secretarial Practice course.

Editorial

Dear Reader,

Last month we completed our first Survey on Corporate Secretarial Practices in which 222 Professionals participated. What made the survey results rich was the experience profile of the participants and the rationale they shared for their practices.

Editorial

Our thirst to understand and contribute to evolving good secretarial practices is unquenched. Last week we launched CimplyFive’s first Survey of Secretarial Practices. We are happy to share that within the first four days we had more than 200 responses.

Editorial

Dear Reader,

Partnering India’s first proxy advisory firm InGovern Research Services, on May 30th we released our report Board Evaluation Practices in India where we rated the top 100 Companies in India using our proprietary 5-star model. This report was well received with all the major business dailies prominently covering it-Economic Times, Live Mint, Business Standard, The Hindu Business Line, among others.

Editorial

Dear Reader,

We are overwhelmed by your response to our report Secretarial Audit Reports Trends & Practice in 2015. Many of you have appreciated the painstaking effort that the team has taken in compiling this report. In addition, the structure and presentation of the report that has offered concrete recommendations has also been mentioned.

Editorial

Dear Reader,

We at CimplyFive wish you all a very happy new financial year. In addition, we wish you abundant growth and prosperity.

Editorial

Dear Reader,

The last day of February is the day for Indian Union Budget, which crowds out all other financial and corporate events by occupying the centre stage. And rightly so, for it sets the pace for the forthcoming financial year.

Editorial

Dear Reader,

The New Year began on an eventful note. We had the mega meet on Start-Up India where our Prime Minister announced the new Start-up Policy which has the potential to change Corporate India and the Indian Economics.

Editorial

Dear Reader,

Welcome to the fourth issue of iComply.Wish you all a very happy 2016. May this year bring good health, wealth and peace to all

Editorial

Welcome to the third issue of iComply.

Editorial

Welcome to the second issue of iComply. Our focus in this issue is on professionals, for a profession is only defined by its professionals.

Editorial

Welcome to the inaugural issue of iComply the monthly newsletter from CimplyFive Corporate Secretarial Services.

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