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HomeRBI amends Master Direction – Non-Banking Financial Company – Account Aggregator; effective immediatelyCORP

Category: CORP

CORP, Industries, NBFC, post_cats, states

RBI amends Master Direction – Non-Banking Financial Company – Account Aggregator; effective immediately

The Reserve Bank of India (“RBI”) has amended the Master Direction – Non-Banking Financial Company – Account Aggregator (Reserve Bank) Directions, 2016 […]

anumSeptember 16, 20241 min read
CORP, Industries, post_cats, states

Ministry of Corporate Affairs amends Indian Accounting Standard (Ind AS) 116; adds “Appendix D” to it

The Ministry of Corporate Affairs (“MCA”) has notified Companies (Indian Accounting Standards) Second Amendment Rules, 2024 (“Amendment Rules, 2024”) to amend Companies […]

Lexplosion SolutionsSeptember 13, 20241 min read
CORP, Industries, post_cats, states

MCA amends IEPF (Accounting, Audit, Transfer and Refund) Rules, 2016; Companies to take special contingency insurance policy towards risk arising out of claim

The Ministry of Corporate Affairs (“MCA”) has issued Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, […]

Lexplosion SolutionsSeptember 13, 20242 min read
CORP, Industries, post_cats, states

MCA amends Companies (Indian Accounting Standards) Rules; introduces a new Indian Accounting Standard (Ind AS) 117

The Ministry of Corporate Affairs (“MCA”) has notified Companies (Indian Accounting Standards) Amendment Rules, 2024 (“Amendment Rules, 2024”) to amend Companies (Indian […]

Lexplosion SolutionsSeptember 2, 20241 min read
CORP, post_cats, states

Ministry of Finance notifies Accessibility Standards and Guidelines for infrastructure and services in Insurance Sector, aligning with Rights of Persons with Disabilities Act, 2016

The Ministry of Finance (Department of Financial Services) has notified the “Accessibility Standards and Guidelines for infrastructure and services in Insurance Sector”, […]

Lexplosion SolutionsSeptember 2, 20241 min read
CORP, post_cats, states

NSDL directs DPs who are yet to submit confirmation of compliance with the Framework for Adoption of Cloud Services by SEBI regulated entities to submit it by 30.08.2024

The National Securities Depository Limited (“NSDL”) has issued a circular for Depository Participants (“DPs”) reiterating to submit the confirmation of compliance with […]

Lexplosion SolutionsSeptember 2, 20241 min read
CORP, post_cats, states

SEBI issues revised framework for Cybersecurity and Cyber resilience to be implemented by Regulated Entities

Securities and Exchange Board of India (“SEBI”) has issued framework for Cybersecurity and Cyber Resilience (“CSCR”) to be implemented by the Regulated […]

Lexplosion SolutionsAugust 24, 20241 min read
CORP, Industries, post_cats, states

SEBI further extends timeline till 29th July, 2024 for submission of comments on recommendations of the Expert Committee for facilitating ease of doing business and harmonization of provisions of ICDR and LODR Regulation

The Securities and Exchange Board of India (“SEBI”) has extended the timeline for submission of comments till 29th July, 2024. The comments may […]

Lexplosion SolutionsAugust 1, 20241 min read
CORP, Industries, post_cats, states

MCA revises the provision for updating the personal mobile numbers and e-mail address by the individuals

The Ministry of Corporate Affairs (“MCA”) has issued Companies (Appointment and Qualification of Directors) (Amendment) Rules, 2024 to Rule 12A of the […]

Lexplosion SolutionsAugust 1, 20241 min read
CORP, Industries, post_cats, states

MCA omits “Nidhi” from the list of undesirable words to name a company

The Ministry of Corporate Affairs (“MCA”) has issued a notification on Companies (Incorporation) Amendment Rules, 2024 (“Amendment Rules, 2024”) to amend the […]

Lexplosion SolutionsAugust 1, 20241 min read
CORP, Industries, post_cats, states

MCA revises the Form MGT-6 for filing return on receiving declaration in respect of beneficial interest in shares

The Ministry of Corporate Affairs (“MCA”) has issued a notification on Companies (Management and Administration) Amendment Rules, 2024 (“Amendment Rules, 2024”) to […]

Lexplosion SolutionsAugust 1, 20241 min read
CORP, post_cats, states

Self-declaration Certificate is now to be uploaded by the Advertisers in Food and Health sectors only as an annual compliance

The Ministry of Broadcasting (“MIB”) has issued an advisory in supersession of the advisories for submission of self-declaration certificate dated 03.06.2024 and […]

Lexplosion SolutionsJuly 15, 20241 min read
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