MCA revises timeline for complying with new reporting requirement for companies required to fulfil CSR obligations for FY 2020-2021 and use accounting software for maintaining their books of account
The Ministry of Corporate Affairs (“MCA”) had introduced filing under Form CSR-2 to be completed by 31st March, 2022 for the financial […]
MCA amends Management and Administration Rules; restricts member related info. such as address, e-mail id, UIN, PAN No. from being disclosed during inspection/or taking extracts
The Ministry of Corporate Affairs (“MCA”) has recently amended the Companies (Management and Administration) Rules, 2014, which in effect restricts the following information […]
SEBI rolls out consultation paper seeking comments from market participants on proposal to streamline timelines of procedural activities under SAST and Buyback of Shares Regulations; comments invited till 15.04.22
The Securities and Exchange Board of India with the aim of streamlining the timelines of various procedural activities under SEBI (Substantial Acquisition […]
RBI launches UPI for Feature Phones (UPI123pay) and 24×7 Helpline for Digital Payments (DigiSaathi) to accelerate the process of digital adoption in India, by creating a richer and inclusive ecosystem
In a Press Release dated 8th March, 2022 the Reserve Bank of India (“RBI”) has launched the following two key initiatives– […]
RBI rolls out framework for geo-tagging of payment system touch points; expected to enable proper monitoring of availability of payment acceptance infrastructure like Points of Sale (PoS) terminals, Quick Response (QR) codes, etc.
The Reserve Bank of India (“RBI”) has recently rolled out the Framework for Geo-tagging of Payment System Touch Points (“Framework”) to facilitate […]
NSE and BSE directs its members to link Aadhar with Pan number by 31st March, 2022 ; PANs not seeded with Aadhar will be considered invalid from 01.04.2022
The National Stock Exchange and Bombay Stock Exchange have informed all its members to ensure that their existing and new clients comply […]
SEBI does away with requirement for Top 500 listed entities to ensure Chairperson of their board is a non-executive director and not related to the MD/CEO; also revises Schedule on Corporate Governance
Further to the trail mail, the Securities and Exchange Board of India by way of a recent amendment to the Securities and […]
MCA issues LLP(Second Amendment) Rules, 2022 amending Forms such as RUN LLP, FiLLiP and others; yet to be published in the official gazette
The Ministry of Corporate Affairs (MCA) with the aim to facilitate ease of doing business has issued the Limited Liability Partnership (Second […]
SEBI issues Circular on Automation of disclosure requirements under SEBI (SAST) Regulations, 2011-System Driven Disclosures – Ease of doing business; effective 1st July, 2022
The Securities and Exchange Board of India (“SEBI”) has issued a Circular on “Automation of disclosure requirements under SEBI (Substantial Acquisition of […]
MCA cautions stakeholders against communications received without Service Request Number (SRN) ; classifies such communications as unauthorized
Going forward, the Ministry of Corporate Affairs ( “MCA”) have cautioned all the stakeholders not to entertain any form of communication against […]
SEBI invites comments on provisions relating to disclosures for ‘Basis of Issue Price’ section in offer document under the ICDR Regulations ; till March 05, 2022
The Securities Exchange Board of India ( “SEBI”) has issued a consultation paper on “Disclosures for Basis of Issue Price section in […]
Central Govt. notifies Limited Liability Partnership (Amendment) Act, 2021, introduces the concept of small LLPs, decriminalizes certain offences ; effective from 1st April, 2022
The Central Government has appointed 1st April, 2022 as the date on which the Limited Liability Partnership ( Amendment) Act, 2021 will […]