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HomeUnlisted public companies too may issue equity shares for the purposes of listing on a stock exchange in permissible jurisdiction; Companies (Listing of equity shares in permissible jurisdictions) Rules, 2024 stands notifiedanum

Author: anum

CORP, Industries, post_cats, states, Unlisted public companies

Unlisted public companies too may issue equity shares for the purposes of listing on a stock exchange in permissible jurisdiction; Companies (Listing of equity shares in permissible jurisdictions) Rules, 2024 stands notified

The Ministry of Corporate Affairs (“Ministry”) has notified the Companies (Listing of equity shares in permissible jurisdictions) Rules, 2024 (“2024 Rules”). The […]

anumFebruary 4, 20242 min read
CORP, Industries, Listed, post_cats, states

SEBI further extends timeline for listed companies to mandatorily verify, confirm, deny or clarify market rumours; Top 100 listed entities to now comply by 1.06.24 and Top 250 listed entities by 1.12.24

The Securities and Exchange Board of India (“SEBI”) has, in a recent circular, further extended the timeline for listed companies to mandatorily […]

anumFebruary 4, 20241 min read
Haryana, Industries, LAB, post_cats, states

Organizations in Gurugram directed to submit Annual Report for 2023 under POSH Act latest by 30th April, 2024

With a view to ensure compliance with the provisions of the Sexual Harassment of Women at Workplace (Prevention, Prohibition And Redressal) Act, […]

anumJanuary 9, 20241 min read
Industries, states

EPFO further extends the timeline for submitting Applications for Validation of Option / Joint Options for pension on higher wages till 31st May, 2024

In continuation to what we reported earlier (please refer to the e-mail in trail for details), the Employees Provident Fund Organisation (“EPFO”) […]

anumJanuary 9, 20241 min read
FISCAL, Industries, post_cats, states

DGFT notified the import policy of Used IT assets from SEZ to DTA

Directorate General of Foreign Trade (DGFT) has issued a Notification No. 56/2023 to amend Para 2.31 of Foreign Trade Policy, 2023 to […]

anumJanuary 4, 20241 min read
Delhi, EHS, Industries, post_cats, states

Actions under GRAP Stage-III stands revoked in Delhi-NCR; Stages-I and II actions remain invoked; concerned agencies shall keep strict vigil and especially intensify measures under Stage l & II of GRAP

CAQM (“Commission for Air Quality and Management”) has issued an Order dated 28th November, 2023, revoking actions under Stage III (‘Severe’ Air […]

anumNovember 30, 20231 min read
Delhi, EHS, Industries, post_cats, states

Actions under GRAP Stage-IV stands revoked in Delhi-NCR; Stages-I to III actions remain invoked, concerned agencies expected to monitor AQI levels to ensure it does not slip further to Severe’/ ‘Severe +’ category

In continuation to what we reported earlier (please refer to e-mails in trail for reference), CAQM (“Commission for Air Quality and Management”) […]

anumNovember 24, 20231 min read
EHS, Industries, post_cats, states

MoEFCC rolls out Rules for managing, storing and utilizing reject water generated by Water Purification Systems; casts obligations on users/manufacturers/importers of RO-based water purification systems

The Ministry of Environment, Forest and Climate Change (“MoEFCC”) has notified the Water Purification System (Regulation of Use) Rules, 2023 (“Rules 2023”) […]

anumNovember 24, 20234 min read
Industries, OPS, post_cats, states

FSSAI launches Food Safety Compliance System portal in Gujarati, Tamil, Telugu, and Marathi, along with Hindi and English; aims to improve user experience and accessibility

On 14th November 2023 the Food Safety and Standards Authority of India (“FSSAI”) has intimated that the Food Safety Compliance System (“FoSCoS”) […]

anumNovember 20, 20231 min read
CORP, Industries, Listed, post_cats, states

SEBI develops framework outlining process for transfer of unclaimed funds from a listed entity to an Escrow Account and the subsequent procedure for investors to claim such amounts; effective 1.03.2024

The Securities and Exchange Board of India (“SEBI”) vide Circular SEBI/HO/DDHS/DDHS-RAC-1/P/CIR/2023/176 dated 8th November, 2023 (“Circular”) has standardized the process to be followed […]

anumNovember 20, 20231 min read
Industries, OPS, post_cats, states

With a view towards Ease of Doing Business, Now, FBOs applying for new license/registration or renewal will be able to select the validity period of 1 to 5 years while making applications

In continuation to what we have reported earlier (refer to the trail mail) and further to the partial modification of the FSSAI […]

anumNovember 20, 20231 min read
EHS, Industries, post_cats, states

Now, trespassing/damaging trees in reserved & protected forest areas will lead to enhanced fine and compensation for damage; amendments to Forest Act pursuant to Jan Vishwas (Amend..) Act, 2023 stands notified

Pursuant to the Jan Vishwas (Amendment of Provisions) Act, 2023 (please refer to the e-mails in trail), the Ministry of Environment, Forest […]

anumNovember 16, 20231 min read
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