RBI has created a new category called Unregistered Type 1 NBFC for companies operating only with internal or group funds and without direct public interaction. Eligible entities are exempt from certain registration and reserve fund requirements.
Registrar of Companies clarified that Section 155 absolutely prohibits holding more than one DIN. Penalties were imposed even though the duplicate DIN was later surrendered through DIR-5.
The amendment introduces a new category of IFSC-based LLPs with specific regulatory provisions. It enables foreign currency operations and aligns LLPs with global financial practices.
The Companies Act prescribes detailed procedures for appointing first and subsequent auditors, including tenure limits and mandatory rotation. This guide explains eligibility, appointment timelines, and compliance requirements.
A rights issue allows companies to raise capital by offering discounted shares to existing shareholders. This guide explains the step-by-step process, regulatory filings, and key investor considerations.
The compliance framework outlines layered regulatory obligations for NBFCs based on systemic importance. It highlights key filings and timelines essential for regulatory adherence.
Discover the process and benefits of listing companies on India’s stock exchanges, including the SME and Main Boards. Learn about IPO preparation and listing criteria.
Explore recent legal cases, penalties, and regulatory updates including secretarial standards, stamp duty, private placement, and more in corporate law.
Stay informed about the latest regulatory changes in India affecting corporates. Learn about updates from SEBI, RBI, and more in our comprehensive analysis of March 2024.
Stay updated on recent Company Law, Securities Law, POSH Act amendments, and Insolvency Law changes. Vital insights for compliance and business operations.
