RBI releases Framework for facilitating Small Value Digital Payments in offline mode; effective immediately
The Reserve Bank of India has now introduced the ‘Framework for facilitating small value digital payments in offline mode’ for the Authorised […]
West Bengal Govt. issues additional restrictions to be followed in the State till 15th January, 2022; private offices and establishments to function with 50% of employees at a time; effective since 03.01.2022
In continuation to earlier COVID-19 Orders (please refer to the trailing e-mails), the Government of West Bengal has notified the following additional […]
MCA amends Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016; effective immediately
The Ministry of Corporate Affairs has issued the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund), Third Amendment, Rules, […]
SEBI lists updated penalty for non-compliances with continuous disclosure requirements by issuers of listed Non-Convertible Securities & Commercial Papers; applicable for the due dates of compliances falling on or after February 01, 2022
The Securities and Exchange Board of India (“SEBI”) has, through a Circular dated 29th December, 2021, updated the structure for levying fines […]
Police Commissioner of Greater Mumbai notifies additional restrictions in view of the emergence of Omicron variant of COVID-19; effective till 15.01.2022
With a view to prevent the spread of Covid-19 Omicron virus, the Police Commissioner of Greater Mumbai has notified Covid-19 restrictions which […]
Surrogacy (Regulation) Act, 2021 receives Presidential assent; aims to regulate the practice and process of surrogacy
The Surrogacy (Regulation) Act, 2021 has received Presidential assent and the same shall be enforced on such date as the Central Government […]
Outcome of recent SEBI Board Meeting ; amongst other changes SEBI approves changes to LODR regulations relating to appointment/re-appointment of persons who fail to get elected as directors including whole time directors
The Securities and Exchange Board of India (“SEBI”) has taken certain decisions during their board meeting on 28th December, 2021. Key Highlights […]
Amendments notified to Madhya Pradesh Professional Tax Rules; provides for electronic / online filing of application for grant of registration certificate through the official web portal of the Commercial Tax Department
The Government of Madhya Pradesh has notified amendments to the Madhya Pradesh Professional Tax Rules, 1955. With the present amendment gaining effect, […]
MCA allows companies proposing to organise AGM in 2022 for the F.Y ended/ending any time before /on 31.03.2022 through VC/OAVM as per the respective due dates by 30.06.2022
In continuation to what has been reported by us in the trailing e-mail, in another Circular dated 14th December, 2021 the Ministry […]
Joint Parliament Committee tables report on the Personal Data Protection Bill
The Joint Parliament Committee (“Committee”) on Personal Data Protection Bill, 2019 (“Bill”) has tabled its report in the Parliament. The report contains […]
Securities and Exchange Board of India extends the implementation date of Risk Management Framework from April 01, 2022 onwards
Based on the request received from Association of Mutual Funds ( “AMF”), the Securities Exchange Board of India (“SEBI”) has decided to […]
In light of the increased cases of Omicron variant of COVID-19, the Ministry of Home Affairs directs implementation of normative framework till 31st January, 2022
The Ministry of Home Affairs (“MHA”) has directed the State/ UT Governments to consider implementing the normative framework issued by the Ministry […]