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HomeSEBI 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 GovernanceCORP

Category: CORP

CORP, Industries, Listed, post_cats, states

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 […]

Lexplosion SolutionsMarch 25, 20221 min read
CORP, Industries, LLP, post_cats, states

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 […]

anumMarch 11, 20229 min read
CORP, Industries, Listed, post_cats, states

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 […]

anumMarch 10, 20221 min read
CORP, Industries, post_cats, states

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 […]

anumMarch 2, 20221 min read
CORP, Industries, Listed, post_cats, states

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 […]

anumMarch 2, 20221 min read
CORP, Industries, LLP, post_cats, states

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 […]

anumFebruary 23, 20221 min read
CORP, post_cats, SEBI, states

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- […]

Lexplosion SolutionsFebruary 17, 20225 min read
CORP, Industries, post_cats, states

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 […]

anumFebruary 16, 20221 min read
CORP, Industries, post_cats, states

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 […]

anumFebruary 16, 20221 min read
CORP, Industries, Listed, post_cats, states

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 […]

anumFebruary 11, 20221 min read
CORP, Industries, LLP, post_cats, states

Going forward all LLP filings will be made online ; MCA announces launch of new way of e-filing for LLP on 6th March, 2022 at 12:00 AM

Please note that, going forward all LLP filings will be made online on MCA21 portal. The Ministry of Corporate Affairs has recently […]

anumFebruary 11, 20221 min read
CORP, Industries, Listed, post_cats, states

SEBI notifies fresh amendments to the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015; effective immediately

The Securities and Exchange Board of India (“SEBI”) has notified the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) […]

Lexplosion SolutionsFebruary 1, 20221 min read
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