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 […]
SEBI issues amendment to LODR Regulations; monitoring report of monitoring agency appointed by listed entity has to be placed before the audit committee on a quarterly basis instead of annual basis
In continuation to what has been reported by us in the trailing e-mail, please see below the key takeaways of the amendment- […]
MCA for a third time in a row now, relaxes paying additional fees in filing e-forms AOC-4, AOC-4 (CFS), AOC-4 XBRL, AOC-4 Non-XBRL till 15.03.22 and MGT-7/ MGT-7A till 31.03.22 for FY ending 31.03.2021
The Ministry of Corporate Affairs (MCA), has, for the third time in a row now, further extended the relaxation on paying additional […]
MCA introduces new reporting requirement for companies required to fulfil CSR obligations for FY 2020-2021 and onwards; effective immediately
A new reporting requirement has been introduced by the Ministry of Corporate Affairs (“MCA”) in the form of Form CSR-2. This new […]
SEBI directs listed companies to issue securities in dematerialized form only while processing various service request like Issue of duplicate securities certificate , endorsement, etc. ; effective immediately
The Securities Exchange Board of India ( “SEBI”) through a circular have directed that listed companies from now onwards shall issue the […]