Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: ACCOUNTING STANDARD :: cpt :: ARTICLES ON INPUT TAX CREDIT IN VAT :: VAT Audit :: form 3cd :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: empanelment :: ACCOUNTING STANDARDS :: TAX RATES - GOODS TAXABLE @ 4% :: Central Excise rule to resale the machines to a new company :: list of goods taxed at 4% :: TDS :: VAT RATES :: articles on VAT and GST in India :: due date for vat payment
 
 
News Headlines »
 Filing of online return for 4th quarter of 2016-17 — extension of period thereof
 CBDT simplifies ITR filing process from FY18
 Govt extends service tax return filing date to April 30
 No move to tax farm income, clarifies Arun Jaitley
 New board for indirect taxes to become operational from June 1
  9 changes that came into effect from April 1
 First time filing income tax? Here's all you need to know about Form 16 and Form 26AS
 New Opening Financial Controller Chartered Accountant (Manufacturing Plant) A Leading Company
 Income Tax Filing 2017: All you want to know about the single page ITR form SAHAJ
 How to benefit from investments in tax saving mutual funds
 60 per cent of income tax notices on fishy cash deposits returned

Merger: UWB board to meet again on Sept 26
September, 23rd 2006
Committee set up for taxation and accounting procedure issues The board of United Western Bank (UWB), which met on Friday to consider the draft scheme of merger with IDBI, has decided to meet again on September 26. A bank official said the board has discussed the details of draft scheme including the Rs 28 per share offered to shareholders. "We have decided to take up the matter for discussion again next week," the official said. Sicom Ltd, the single largest shareholder in UWB, will also hold a board meeting on Saturday to discuss the price of Rs 28 per share, which IDBI has been asked to pay to all shareholders, said Mr R.M. Premkumar, Chairman, Sicom. Committee formed UWB has also set up a committee to list certain issues relating to taxation and accounting procedure, which will be conveyed to the Reserve Bank of India. The board of IDBI Ltd, which met on September 21, also considered the provisions of the draft scheme of amalgamation. The board has approved of the proposal. RBI has set the last date for accepting the scheme on September 27. On September 12, RBI announced the amalgamation of UWB with IDBI. UWB was placed under a moratorium on September 2. RBI had received 17 bids from public sector banks, private banks, foreign banks and co-operative banks for UWB. The Maharashtra Government,along with Sicom, had submitted a proposal for restructuring the bank. Earlier this week, a group of depositors of UWB filed a petition in the Bombay High Court challenging RBI's decision to place the bank under moratorium. The court has asked RBI to file its affidavit on September 27. In 2005-06, the net loss of UWB was Rs 106.48 crore and Rs 6.08 crore for the quarter ended June 30.
 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Our Portfolio

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions