SEBI (LODR) (SECOND AMENDMENT) REGULATIONS, 2021 Effective from May 6, 2021 INTRODUCTION: ⇒ SEBI vide its notification dated May 5, 2021 has amended SEBI (LODR) Regulation, 2015 ⇒ These regulations may be called the SEBI (LODR) (Second Amendment) Regulations, 2021. ⇒ These regulations shall be effective from the date of their publication in the Official Gazette, […]
Prohibition of Insider Trading (PIT) compliance for Pledge of shares for bonafide purpose at the time of trading window closure The sub-clause 4 (3) of Schedule B of the PIT Regulation provides that the trading window restrictions mentioned in sub-clause (1) shall not apply in respect of-(a) transactions specified in clauses (i) to (iv) and […]
Section 73 to 76 of the Companies Act, 2013 read with Companies (Acceptance of Deposits) Rules, 2014 made under Chapter V of the Act regulate the invitation and acceptance of deposits. It prohibits acceptance of deposits except from the members through ordinary resolution or acceptance deposits by ‘eligible company’ being a public company, subject to […]
Debentures are of two types, namely convertible debentures and non-convertible debentures (NCD). Non-convertible debentures (NCD) are fixed-income instruments, usually issued by high-rated companies in the form of a public issue to accumulate long-term capital appreciation. Article compiles Obligations of Listed Entity which has Listed its Non-convertible debentures. Obligations of Listed Entity which has Listed its […]
Article explains Securities And Exchange Board Of India (Buy-Back Of Securities) Regulations, 2018, Conditions and requirements for buy-back of shares and specified securities, General compliance and filing requirements for buy-back, Disclosures, filing requirements and timelines for public announcement, Disclosures, filing requirements and timelines for draft letter of offer, Offer procedure, Buy Back Through tender offer, […]
Section 55 of the Companies Act, 2013 (the Act) prescribes that a company shall not issue an irredeemable preference shares. Further, it also imposes restriction on companies limited by shares to issue preference shares liable to be redeemed at the end of the end of twenty years.
Amendments in Section 89 & 90 was one of the major amendments brought in by the Companies (Amendment) Act, 2017. Later on, MCA on June 14, 2018 through notification, has enforced the amended provisions of Section 90 of the Companies Act, 2013 and has introduced the Companies (Significant Beneficial Owners) Rules, 2018
Regulation 24A of SEBI (LODR), Regulations, 2015 & SEBI Circular dated Feb. 8, 2019 1. The Annual Secretarial Compliance Report is applicable to all Listed Entities. 2. Listed entity means an entity which has listed, on a recognized stock exchange(s), the designated securities issued by it or designated securities issued under schemes managed by it, […]
