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 […]
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, […]
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– […]