SEBI issues circular regarding new category of Mutual Fund schemes for Environmental, Social and Governance (“ESG”) Investing and related disclosures by Mutual Funds
The Securities and Exchange Board of India (“SEBI”) has issued a circular regarding new category of Mutual Fund schemes for Environmental, Social […]
NSDL has made amendments to Byelaws and Business Rules regarding penalties on Issuers and RTAs
National Securities Depository Limited (“NSDL”) has made amendments to Byelaws and Business Rules regarding penalties on Issuers and Registrar and Transfer Agents […]
MCA provides option for merging of multiple existing user IDs in V3 portal or deactivation of old user IDs in V2
Owing to transition of MCA-21 portal from Version 2 to Version 3, the Ministry of Corporate Affairs (“MCA”) has issued notification for […]
RBI proposes to issue instructions for Authorised Payment System Providers / Participants (Banks and Non-banks) on arrangements with Card Networks for issue of Debit, Credit and Prepaid Cards
The Reserve Bank of India (“RBI”) has published on its website draft circular on Arrangements with Card Networks for issue of Debit, […]
SEBI issues Master Circular for listing obligations and disclosure requirements for Non-convertible Securities, Securitized Debt Instruments and Commercial Paper
The Securities and Exchange Board of India (“SEBI”) has issued a Master Circular for listing obligations and disclosure requirements for Non-convertible Securities, Securitized […]
NFRA directs Statutory Auditors to fulfil their statutory obligation relating to reporting of fraud involving Rs 1 crore or above
The National Financing Reporting Authority ( “NFRA”) has reiterated the following mandatory obligations on Statutory Auditors to report fraud or suspected fraud […]
NSE and BSE issue Circular regarding Additional affirmations by Practicing Company Secretaries (PCS) in Annual Secretarial Compliance Report
National Stock Exchange (“NSE”) and Bombay Stock Exchange (“BSE”) have issued Circulars regarding Additional affirmations by Practicing Company Secretaries (PCS) in Annual […]
MCA extends due date for filing Form DPT-3 (Return of deposits) till 31st July, 2023 for the F.Y. ended on 31.03.2023
Owing to transition of MCA-21 portal from Version 2 to Version 3, the Ministry of Corporate Affairs (“MCA”) has extended the due […]
SEBI amends LODR Regulations impacting disclosure requirements, reporting of cyber security incidents etc.
The Securities and Exchange Board of India further amends the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR […]
SEBI introduces regulatory framework for Execution Only Platforms for facilitating transactions in direct plans of schemes of Mutual Funds
The Securities and Exchange Board of India (“SEBI”) to facilitate transactions in direct plans of schemes of Mutual Funds has issued Regulatory […]
SEBI allows Mutual Funds to engage in repo transactions involving Listed AA and above rated corporate debt securities, Commercial Papers (CPs), and Certificate of Deposits (CDs)
With immediate effect, the Securities Exchange Board of India (SEBI) has amended its previous circulars (CIR/IMD/DF/19/2011 dated November 11, 2011 and CIR/IMD/DF/23/2012 […]
IMEs with an Udyam Assist Certificate to be treated by the RBI as Micro Enterprises under MSME for the purposes of PSL classification
The Reserve Bank of India (“RBI”) has issued a notification on “Formalisation of Informal Micro Enterprises on Udyam Assist Platform”. RBI has […]