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HomeOffer/ invitation to subscribe to securities through private placement cannot be made to a body corporate incorporated in, or a national of, a country sharing land border with India without Govt. approvalanum

Author: anum

CORP, Industries, post_cats, states

Offer/ invitation to subscribe to securities through private placement cannot be made to a body corporate incorporated in, or a national of, a country sharing land border with India without Govt. approval

Now, during the process of making an offer or invitation to subscribe to securities through private placement, no offer or invitation of […]

anumMay 6, 20221 min read
Industries, OPS, post_cats, states

MCA further allows companies to conduct EGMs through Video-Conferencing / Other Audio-Visual means till 31st December, 2022 instead of 30th June, 2022

In continuation to what has been reported by us in the trailing e-mail, the Ministry of Corporate Affairs (“MCA”), in a Circular […]

anumMay 6, 20221 min read
Industries, OPS, post_cats, states

MEITY notifies directions for implementing stringent information security practices to strengthen cyber security: applicable to service providers, intermediaries, data centres, body corporates; effective from 27th June, 2022

Considering various cyber security incidents being reported from time to time, the Ministry of Electronics and Information Technology (“MEITY”) has notified directions […]

anumMay 6, 20224 min read
Industries, LAB, Maharashtra, post_cats, states

Employers in Maharashtra are granted conditional exemption from payment of late fees for failure to file Professional Tax return owing to technical difficulties of the automation system of the Maharashtra Goods and Services Tax Department

The Finance Department of Maharashtra has exempted employers from paying late fees for failure in filing return (under Maharashtra State Tax on […]

anumMay 6, 20221 min read
FISCAL, Industries, post_cats, states

Central Board of Direct Taxes further amends Income Tax Rules, 1962 to specify the Form for filing an updated return

Central Board of Direct Taxes (CBDT) had issued Notification No. 48/2022 dated 29th April, 2022 to further amend Income tax Rules, 1962. […]

anumMay 6, 20221 min read
Industries, OPS, post_cats, states

FSSAI replaces the practice of submitting quarterly returns by Manufacturer- Exporters; requires them to submit Annual Return for the F.Y 2021-22 by 31st May, 2022, through the FoSCoS portal

The Food Safety and Standards Authority has directed the Manufacturer-Exporters to submit Annual returns for the food business activities conducted by them […]

anumMay 6, 20221 min read
CORP, Industries, NBFC, post_cats, states

RBI rolls out directions to regulate Credit, Debit and Co-branded Card businesses; slated to gain effect from 1st July, 2022;directions on credit cards applicable on all NBFCs as well

The Reserve Bank of India (“RBI”) has rolled out the Master Direction – Credit Card and Debit Card – Issuance and Conduct […]

anumApril 26, 20225 min read
EHS, Industries, post_cats, states, West Bengal

West Bengal Pollution Control Board mandates phasing out single use plastic items in the State by 30th June, 2022; violation will lead to closure of operations of Industries / Commercial Establishments

The West Bengal Pollution Control Board has recently, in a Public Notice, informed its mandate to phase out single use plastic items […]

anumApril 26, 20221 min read
CORP, Industries, Listed, post_cats, states

SEBI further streamlines process of public issues and redressal of investor grievances; introduces format to capture data of all ASBA applications unblocked by SCSBs and their corresponding date of actual unblock etc.

In partial modification of the circulars mentioned in the trail i.e. the March, 2021 Circular and the circular dated June 02, 2021, […]

anumApril 26, 20221 min read
Industries, OPS, post_cats, states, Uttar Pradesh

Uttar Pradesh Govt. mandates wearing of masks in all public places, private offices, schools , government offices, etc

In view of the increasing number of Covid-19 infected areas in the NCR area, the Uttar Pradesh Government have issued the following […]

anumApril 21, 20221 min read
Industries, Motor Vehicles, OPS, post_cats, states

MoRTH notifies Central Motor Vehicles (Eighth Amendment) Rules, 2022; amends the validity period of a renewed Certificate of Fitness

The Ministry of Transport has notified further amendments to the Central Motor Vehicles Rules, 1989 (“Rules”). The amended Rules are called Central […]

anumApril 21, 20221 min read
Industries, OPS, Pharmaceuticals, post_cats, states

National Pharmaceutical Pricing Authority fixes the retail price for certain formulations; overcharged amount (with interest) to be imposed for non-compliance

The National Pharmaceutical Pricing Authority (“NPPA”) has notified the list of retail price (exclusive of Goods and Service Tax), with respect to […]

anumApril 21, 20221 min read
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