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 […]
SEBI rolls out Consultation Paper on framework for Schemes of Arrangement for entities that have listed only debt securities/ Non-convertible redeemable preference shares; comments invited by 19-06-2022
The Securities and Exchange Board of India has, in a Report, rolled out a Consultation Paper on Introducing framework for Schemes of […]
FSSAI issues directions w.r.t. ensuring compliance with labelling requirements of Multi Source Edible Vegetable Oil; report on action taken to be submitted to FSSAI Head Quarters by 1st June, 2022
The Food Safety and Standards Authority of India has notified directions regarding compliance regarding labelling of Multi Source Edible Vegetable Oils and […]
SEBI rolls out Consultation Paper dealing with Pre-filing of Offer Document in case of Initial Public Offerings; invites public comments by 06-06-2022
The Securities and Exchange Board of India has, though a Notification, rolled out a Consultation Paper on Pre-filing of Offer Document in […]
Companies whose AGMs are due in the year 2022 can conduct their AGMs on or before 31st December, 2022; informs MCA
In continuation to what has been reported by us in the trailing e-mail, in another Circular dated 5th May, 2022 the Ministry […]
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 […]
Amendments underway to Chartered Accountants Act, Cost and Works Accountants Act and Company Secretaries Act; provisions yet to gain effect
Ministry of Law and Justice (“Ministry”) issues the Chartered Accountants, the Cost and Works Accountants and the Company Secretaries (Amendment) Act, 2022 […]
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 […]