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Amita Desai

Latest Posts by Amita Desai

Capital Market News- SEBI approvals in its Board Meeting dated 15 March 2024

March 22, 2024 372 Views 0 comment Print

Discover the key amendments approved in the 204th Board Meeting of SEBI, including T+0 settlement, FPI exemptions, IPO regulations, and AIF enhancements.

6th Amendment SEBI (LODR), 2015 – Related Party Transactions

November 20, 2021 30888 Views 1 comment Print

SEBI (Listing Obligations and Disclosure Requirements) (Sixth Amendment) Regulations, 2021 pertaining to Related Party, Related Party Transactions, Prior Approvals and Disclosures What is the Change? On November 09, 2021, Securities and Exchange Board of India (SEBI) vide Notification No.  SEBI/LAD-NRO/GN/2021/55 has amended certain provisions relating to : When will it be effective? These amendments shall […]

Gist of Report on ‘Implementation of IBC- Pitfalls & Solutions’

August 7, 2021 2226 Views 0 comment Print

Latest Update on IBC Gist of Report of Standing Committee on Finance ‘Implementation of IBC- Pitfalls and Solutions‘- on IBC 2016 On 28th July 2021 Lok Sabha had passed the Insolvency and Bankruptcy Code (IBC) Amendment Bill, 2021 and on 3rd August 2021 Rajya Sabha had passed the same and it has become Insolvency and […]

One Person Company (OPC) amendments effective from 1st April 2021

August 2, 2021 30060 Views 0 comment Print

After the Companies Act 2013 (the Act), there is an entity available for the budding entrepreneur. The Act, brought in sweeping changes in the corporate world, has also opened the doors for the entrepreneur looking to set up a company all by himself. This has been made possible by bringing in the concept of One Person Company (OPC).

Business Responsibility & Sustainability Reporting – SEBI Notification May 2021 with History

May 17, 2021 5427 Views 0 comment Print

Business Responsibility & Sustainability Reporting – SEBI Notification May 2021 with History A. Background: Since the creation of the World Business Council for Sustainable Development (WBCSD) at the Rio Earth Summit in 1992, the business community has acknowledged its responsibility to contribute to the discussion concerning Economic, Environmental and Social issues through systematic public reporting […]

PPIRP- Pre-Packaged Insolvency Resolution Process under IBC 2016

May 6, 2021 15954 Views 0 comment Print

Insolvency & Bankruptcy Code, 2016 (IBC) was notified on May 28, 2016 and by December 2016 majority of provisions of IBC was implemented. With its enactment an altogether new insolvency regime that is proactive, incentive compliant, market led, and time-bound, came into existence in India.

Remuneration to Non Executive & Independent Director after 18.03.2021

May 6, 2021 3015 Views 0 comment Print

Remuneration to Non Executive and Independent Director (NED & ID) after 18th March 2021 ♦ Non- Executive and Independent Director brings governance, transparency, independent and fair view in the Board and they are much needed in a company having losses. However Section 197 of the Companies Act, 2013 (CA 13), provided that the company can […]

Central Scrutiny Centre – Under MCA effective from 23.03.2021

May 6, 2021 5019 Views 0 comment Print

Central Scrutiny Centre (CSC)—Under MCA Effective from 23 March 2021 Ministry of Corporate Affairs (MCA) had issued a Notification on March 18, 2021 which shall be effective from March 23, 2021 notifying as follows: Link of the notification 1. MCA vide power u/s 396 (1) & (2) of the Companies Act, 2013 (CA 13) […]

Relaxation by MCA on 3rd May 2021 | Meeting Gaps- Late Fees

May 6, 2021 2946 Views 0 comment Print

Three Circulars by MCA dated May 03, 2021 in view of the difficulties arising to resurgence of Covid-19 1. Relaxation of Time in filing and levy of additional fees in filing of certain forms by the company and LLP MCA issued a General Circular No. 06/2021 dated May 03, 2021, relaxing the time and additional […]

FAQs on CSR after 22 Jan 2021 amenments by MCA

March 14, 2021 49569 Views 6 comments Print

Q.1 The Company is required to spend Rs.10 Lac before 31 March 2021 as part of CSR spend. The Company will transfer this Rs.10 Lac to an Implementing Agency on or before 31 March 2021 , however the Implementing Agency will be spending it on the project during 2021-22. Whether it is considered to be […]

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May 2024