Bombay HC: Clarifies Procedure for Executing Foreign Decrees  ||  Supreme Court: Bureaucratic Delay No Excuse  ||  Supreme Court Grants Full Disability Pension Arrears to Veterans  ||  Delhi HC: Workman Cannot Claim Section 17(B) of the ID Act Wages after Reaching Superannuation Age  ||  Allahabad HC: Caste by Birth Remains Unchanged Despite Conversion or Inter-Caste Marriage  ||  Delhi High Court: Tweeting Corruption Allegations Against Employer Can Constitute Misconduct  ||  Delhi High Court: State Gratuity Authorities Lack Jurisdiction over Multi-State Establishments  ||  Kerala High Court: Arrest Grounds Need Not Mention Contraband Quantity When No Seizure is Made  ||  SC: Silence During Investigation Does Not Ipso Facto Mean Non-Cooperation to Deny Bail  ||  Supreme Court: High Courts Cannot Re-Examine Answer Keys Even in Judicial Service Exams    

Layers of Corporate Subsidiaries Restricted to Two to Check Money Laundering, Protect Investors - (26 Sep 2017)

Companies other than banking & non-banking financial company or insurance firm can now have only two layers of subsidiaries with the government bringing in new rules effective from September 20 putting restriction on the number of layers for corporates to check money laundering & protect investors.

Tags : MONEY LAUNDERING  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved