Overview Central Government has recently amended the provisions related to NIDHI under the Companies Act and the Rules (effective from 15.08.2019). Why amended: √ to make regulatory regime for Nidhi Companies more effective and √ also to accomplish the objectives of transparency & √ investor friendliness in corporate environment of the country. Define Nidhi:(Under Nidhi […]
SEBI vide Circular No. SEBI/HO/CFD/CMD1/CIR/P/2020/63 dated 17th April, 2020, published Additional relaxations / clarifications in relation to compliance with certain provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘LODR’) due to the COVID – 19 pandemic Relaxations are given under: Regulation 29 (2) of LODR Regulations Regulation 39 (3) of LODR Regulations […]
SEBI vide Circular No. SEBI/HO/MIRSD/DOP/CIR/P/2020/62 dated 16th April, 2020, has provided Relaxation in time period for certain activities carried out by depository participants, RTAs / issuers, KRAs, stock brokers. Text of the Circular is as follows:- Securities and Exchange Board of India Circular No. SEBI/HO/MIRSD/DOP/CIR/P/2020/62 Dated: April 16 , 2020 To, 1. Stock Brokers through […]
It is Clarified that the employers who seeks to avail the Relief, need to file ECR for wage month March , 2020, on or before 15.05.2020, duly certifying the disbursement of wage to employees by declaring actual date of disbursement of wages for march 2020.
Overview: The Institute of Company Secretaries of India (ICSI) on 15th April, 2020 has issued Clarification/Guidance on applicability of Secretarial Standards on Meetings of the Board of Directors (SS-1) and General Meetings (SS-2) Due to COVID-19 outbreak and lockdown situation prevailing in the Country, various provisions of the Companies Act, 2013 and rules made there […]
Regulation 45 of SEBI (LODR) Regulations, 2015: Change in name of the listed entity. Conditions to be Followed: a) a time period of at least one year has elapsed from the last name change; b) at least fifty percent. of the total revenue in the preceding one year period has been accounted for by the […]
Prime Minister, Sh. Narender Modi in his address to the nation on 14.04.2020 declared extension of the lockdown till 03rd May, 2020 and relaxations could be given to certain areas with proper guidelines till April 20, every block, district, and state will be analysed closely about the enforcement of the lockdown and how much ever […]
Employees’ Provident Fund Organization, India, Ministry of Labour & Employment, Government of India has issued FREQUENTLY ASKED QUESTIONS on UAN AND KYC Dated 13/04/2020. Q 1. What is Universal Account Number (UAN)? Ans. UAN is 12-digit number provided to each member of EPFO. The UAN acts as an umbrella for the multiple Member IDs allotted […]
Extension of Submission Date of Share Capital Audit Report for the quarter ended March 31, 2020 till 31st May, 2020 BSE vide Circular no. LIST/COMP/1/2020-21 dated 14.04.2020 informed listed companies on Relaxation in adherence to prescribed timelines issued by SEBI due to Covid 19 which was provided by SEBI Ciruclar No.SEBI/HO/MIRSD/RTAMB/CIR/P/2020/59 Dated April 13, 2020. […]
In the event of further extension in the lock down period as directed by Government of India / State Governments, additional relaxation in prescribed timelines for equal number of extended days in lock down is also being given to intermediaries / market participants.
