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Relaxation in holding AGM by top 100 listed entities under SEBI LODR 2015

April 23, 2020 3162 Views 0 comment Print

Relaxation in relation to Regulation 44(5) of the SEBI (‘LODR’) 2015 on holding of Annual General Meeting (AGM) by top 100 listed entities by market capitalization, due to the COVID –19 pandemic The pandemic has cast its shadow across various economic activities with massive dislocation in global production, supply chains and trade. In wake of […]

Charge under  Companies Act, 2013- A Complete Overview

April 22, 2020 3399 Views 0 comment Print

A charge is stated in Section 2 (16) of the Companies Act, 2013 which expresses that charge could be – – an interest or lien; – created on the property or assets of a corporation; and – any of its undertakings or both as security and includes a mortgage Note:  The financial institutions/banks do not lend their monies […]

Companies allowed to hold AGM till 30.09.2020 whose FY ending on 31.12.2019

April 21, 2020 15339 Views 0 comment Print

Several representations have been received from stakeholders with regard to difficulty in holding annual general meetings (AGMs) for companies whose financial year ended on 31st December, 2019 due to COVID-19 related social distancing norms and consequential restrictions linked thereto.

SEBI amends 30 Regulations (Read List)

April 20, 2020 1215 Views 0 comment Print

List of Regulations decided by SEBI to be amended by Securities and Exchange Board of India (Regulatory Sandbox) (Amendment) Regulations, 2020 The pandemic has cast its shadow across various economic activities with massive dislocation in global production, supply chains and trade. In wake of the current nationwide lock down of 21 days as directed by […]

Telecommunication Interconnection Usage Charges (Sixteenth Amendment) Regulations, 2020-Overview

April 20, 2020 2523 Views 0 comment Print

International termination charge (ITC) is the charge payable by an Indian International Long-Distance Operator (ILDO), who carries the call from outside the country, to the access provider in the country in whose network the call terminates. The Telecom Regulatory Authority of India (TRAI) today issued “The Telecommunication Interconnection Usage Charges (Sixteenth Amendment) Regulations, 2020” which […]

Credit Guarantee Fund for Micro Units- Overview & Alterations by Management Committee

April 20, 2020 6282 Views 2 comments Print

Credit Guarantee Fund for Micro Units- Overview & Alterations by Management Committee What is a credit guarantee fund? Credit guarantee fund is a type of fund which backs up the loan taken by the beneficiaries as a form of collateral. This assures the lending agencies including banks, financial institutions to readily supply loans. Who is […]

32 key highlights of RBI Governor Press conference dated 17.04.2020

April 17, 2020 1221 Views 0 comment Print

1. RBI is acting proactively RBI governor said that the RBI is doing everything to fight the epidemiological challenge that the world is facing. 2. To ensure financial system, RBI staff is working, being staying away from family RBI governor started his address by thanking RBI staff that has been working away to keep the […]

SEBI relaxes time lines for compliance by trading/clearing members

April 16, 2020 1644 Views 0 comment Print

It has been decided to extend the due date for the following regulatory filings and compliance requirements by their trading members / clearing members:

50 FAQs on CFSS 2020 & LLP Modified Settlement Scheme 2020

April 16, 2020 13053 Views 2 comments Print

50 FAQs issued by MCA on Companies Fresh Start Scheme (CFSS), 2020 and LLP Modified Settlement Scheme, 2020 Thus, Ministry has launched a scheme known as ‘Companies Fresh Start Scheme, 2020‘ and ‘LLP Modified Settlement Scheme, 2020′ condoning the delaying filing the above mentioned documents with Registrar, it relates to waiver of additional fees and […]

Time to apply for Renewal of Food Licence/Registration extended till 30.06.2020

April 14, 2020 1062 Views 0 comment Print

Extension till 30th June, 2020 for applying for Renewal of Food Licence/Registration As there is restriction of movement during pan-India lockdown period due to COVID-19 pandemic, it has been noted that Food Business Operators (FBOs) who generally take help of State Helpdesks, authorities or consultants to file applications are not being able to file applications […]

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