How do u merge accounts

The Delhi High Court allowed Greenpeace to use two of its accounts for its day to day functioning. However, Greenpeace can use the accounts for domestic donations only.Justice Rajiv Shakdher also allowed the NGO to liquidate its fixed deposits and observed that government cannot choke the NGO of its funds. The Court observed that the government is free to check the source of the amount in the fixed deposits and directed the governmentto decide within eight weeks the NGO’s application under Rule 14 of Foreign Contribution (Regulation) Rules (FCRR) as under the law, 25 per cent of the unutilised amount in the FCRA account can be used with government approval.Earlier, the Central government had cancelled Greenpeace’s registration under Foreign Contribution Regulations Act (FCRA) and had claimed that the NGO was acting against the law as it had several accounts, about which it had not informed the authorities.Before the Court, Ministry of Home Affairs submitted that the … [Read more...] about Delhi HC allows Greenpeace to use two bank accounts

The Federal Trade Commission (FTC) and Department of Justice (DOJ) (together, the Agencies) issued their final "Statement of Antitrust Enforcement Policy Regarding Accountable Care Organizations Participating in the Medicare Shared Savings Program" (Policy Statement) on October 20, on the same day that the Centers for Medicare and Medicaid Services (CMS) issued extensive regulations governing the formation, registration, and operation of accountable care organizations (ACOs). The Policy Statement outlines in general terms the standards the Agencies will apply in analyzing the legality of ACO formation and conduct under the antitrust laws. ACOs formed pursuant to the CMS regulations are not subject to mandatory antitrust review by the Agencies, but the Agencies have committed to an expedited process for the review of any ACO that voluntarily requests such a review. The Policy Statement also (a) outlines the standard that will be applied in the review by the Agencies (the Rule of … [Read more...] about FTC/DOJ Final Policy on Accountable Care Organizations: Important Antitrust Issues Remain Uncertain for Healthcare Collaborations

On December 1, 2014, the U.S. Centers for Medicare & Medicaid Services (CMS) released a 429-page Proposed Rule setting forth significant changes that will affect the evolution of the Medicare Shared Savings Program (MSSP) and opening discussions that could improve the financial sustainability of Medicare accountable care organizations (ACOs).The Proposed Rule shows CMS’s awareness of the challenges facing many MSSP ACOs and the likely need for further changes to improve MSSP ACOs’ return on investment through modifications to the financial methodology and additional tools to manage Medicare fee-for-service populations.  Most notably, CMS has proposed to allow MSSP ACOs to continue with MSSP’s one-sided risk track for a second three-year term, but at a lower maximum shared savings rate, and to add a modified two-sided risk track that offers greater potential financial rewards and, for the first time, prospective beneficiary assignment.  CMS has also … [Read more...] about CMS Accountable Care Organizations (ACO) Proposed Rule to Extend One-Sided Risk Track While Incentivizing Performance-Based Risk

An accounting firm Barnes Dennig is in the process of merging with another firm to give it a larger presence in Northern Kentucky. The merger is to take place on January 1st, and the merger will make it as one of the larger accounting firms in the area.Barnes Dennig is currently located in Cincinnati. But rather than just expand in the Northern Kentucky area, the new firm would like to expand "regionally in Kentucky" as well.It is felt that such a merger will bring together differing strengths of the two firms. While one firm has specialized in international and specialty tax consulting, the other firm has performed a great deal of work for local governments. At the same time, both firms will bring something to their certified fraud examiner and valuation capabilities.Business transactions such as acquisitions or mergers often involve a jumping through a variety of legal and financial hoops. Business planners will have to pay attention to federal and state regulators, and sometimes … [Read more...] about Accounting Firms Merge to Move Into North Kentucky Market

The past 18 months have been a busy time for the staffers investigating hospital mergers at the Federal Trade Commission (FTC). In December 2011, the U.S. Court of Appeals for the 11th Circuit affirmed a district court's denial of an FTC preliminary injunction motion,[1] from which the FTC and Solicitor General in March 2012 filed a petition seeking review by the U.S. Supreme Court (the "Phoebe Transaction"). Also in March, the FTC ruled that the 2010 acquisition of control over a rival health system in the Toledo, Ohio, area would have anticompetitive effects and ordered divestiture;[2] the parties reportedly plan to appeal (the "ProMedica Transaction"). In April 2012, the U.S. District Court for the Northern District of Illinois granted the FTC's request for a preliminary injunction against two hospital systems in Rockford, Illinois,[3] prompting the parties to abandon their proposed transaction (the "OSF/Rockford Transaction").At issue in each of these challenges was … [Read more...] about Hospital Consolidations: Facing Competing Pressures to Merge and Remain Independent