Companies must take daily back up of Books of Accounts etc. maintained in electronic mode (including at a place outside India) in servers physically located in India
By way of recent amendments to the Companies (Accounts) Rules 2014 ( “Rules”), companies will now require to adhere to the following […]
Effective 1.09.22, listed companies must mandatorily use digital signature certification to make various filings (except specified disclosures) to the Stock Exchange/s
Recognizing the advantages of using digital signature certifications for authentication of documents and filings, the Stock Exchanges in consultation with SEBI have […]
Spending of funds for ‘Har Ghar Tiranga’ campaign i.e. mass scale production and supply of the National Flag ,outreach and related efforts qualifies as eligible CSR activity
The Ministry of Corporate Affairs (“MCA”) has recently clarified that spending of CSR Funds for activities related to “Har Ghar Tiranga” campaign […]
With the launch of MCA21 V3 portal, several e-forms will need to be filed in the new portal w.e.f 31-08-2022 ; V2 portal will be discontinued from 15-08-2022 and offline payment disabled from 07-08-2022
The Ministry of Corporate Affairs will be launching the first set of Company Forms on MCA21 V3 portal. These forms will be […]
NSE initiates Phase 2 of filings under the New Digital Portal; Financial Results, RPT and BRSR filings with NSE under SEBI (LODR) Regulations must be made on this portal
The National Stock Exchange of India (NSE) had launched a Digital Portal for listed entities to make all their filings. This portal […]
SEBI rolls out Consultation Paper on applicability of SEBI (Prohibition of Insider Trading), Regulations, 2015 to Mutual Fund units; invites comments till 29th July, 2022
The Securities and Exchange Board of India has rolled out a Consultation Paper on applicability of SEBI (Prohibition of Insider Trading), Regulations, […]
SEBI rolls out Guidelines for Large Value Fund for Accredited Investors under AIF Regulations and requirement of Compliance Officer for Managers of all AIFs
The Securities and Exchange Board of India, through a Circular has introduced Guidelines for Large Value Fund (“LVF”) for Accredited Investors under […]
MCA extends timeline for filing Annual CSR Report (Form CSR-2) for FY 2020 -2021 to 30th June, 2022 as against 31st May, 2022; gains immediate effect
The timeline for filing Annual CSR Report (Form CSR-2) for Financial Year 2020 – 2021 stands extended to 30th June, 2022 as […]
Now, individuals whose name has been removed from the databank of Independent Directors can apply for restoration by paying Rs. 1000/- and following prescribed conditions
The procedure for restoration of name of an individual in the databank of independent directors has been included by way of the […]
In view of transition to version 3, MCA relaxes paying additional fees for delay in filing event-based e-forms by LLPs due on and after 25.02.22 to 31.05.22 up to 30.06.2022
In view of transition to version 3, the Ministry of Corporate Affairs (“MCA” ) relaxes paying additional fees for delay in filing […]
SEBI further extends relaxations with regard to sending physical copies of annual report to shareholders and proxy requirement for general meetings held through electronic mode under the LODR Regulations till 31st December, 2022
Last Updated 17 May 2022 Pursuant to the relaxations granted by the Ministry of Corporate Affairs (“MCA”), the Securities and Exchange Board […]
SEBI further streamlines the process of Rights Issue to ensure there is a minimum gap of three working days for investor to make application in Rights Issue
The Securities and Exchange Board of India in a recent Circular has amended the minimum time period for closure of trading in […]