Important updates of MCA, SEBI, Stock Exchange(s) and RBI on Corporate Sector Edition – October, 2021 The corporate sector is undergoing tremendous changes. We are addressing amendments by regulatory authorities on daily basis. This edition gives an information of all regulatory updates by regulatory bodies introduced during the month of October, 2021. Ministry of Corporate […]
Key Highlights of Recent Amendments in SEBI (LODR) Regulations 2015 Vide Notification of SEBI (LODR) (Second Amendment) Regulations, 2021 Effective From 6th May, 2021 1. APPLICABILITY OF THE REGULATIONS The provisions of SEBI LODR regulations which become applicable to listed entities on the basis of market capitalisation criteria shall continue to apply to such entities […]
Related Party Transactions under Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 RELATED PARTY TRANSACTIONS Related Party Transactions shall be entered into by the Companies after considering the following provisions. 1. Companies Act, 2013 read with the Rules thereunder 2. Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) […]
Clarification on passing of ordinary and special resolutions by the Companies Under Companies Act, 2013/ Holding of Extra-Ordinary General Meeting Through Video Conferencing Holding of Extra-Ordinary General Meeting Through Video Conferencing MCA vide its general circular dated 8th April, 2020 has given its clarification on passing of ordinary and special resolutions by the Companies Under […]
Procedure of inter se transfer between immediate relatives of Promoters under Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (SAST Regulations) Note: This procedure has been prepared on the basis of facts that the transaction of proposed transfer is to be made between the immediate relatives, who are also […]
Article on Compounding of Contraventions Under Foreign Exchange Management Act (FEMA), 1999 explains Power to compound by Reserve Bank, Power of Enforcement Directorate to Compound Contraventions under FEMA, Delegation of Powers to Regional Offices, Authorisation to compound the contraventions by FED CO Cell, New Delhi, How to make Application for Compounding, Pre-requisite for Compounding Process, […]
The Ministry of corporate affairs issued a scheme known as Companies fresh start Scheme 2020 (CFSS-2020) condoning the delay in filing of documents with the ROC at a normal fee only and grant immunity from launching of prosecution for imposing penalty on account of delay associated with certain filings. Details of Companies Fresh Start Scheme, 2020 […]
Returns or intimations to be submitted by Non Banking Financial Companies to RBI / Compliance by Non Banking Financial Companies under RBI Regulations The Non-Banking Financial Companies (NBFCs) are required to submit various returns to the Reserve Bank of India w.r.t their deposit acceptance, prudential norms compliance, ALM etc. There are different types of NBFCs […]
Government, permit a non-refundable advance from the provident fund account of such member not exceeding the basic wages and dearness allowances of that member for three months or up to seventy-five per cent. of the amount standing to his credit in the Fund, whichever is less.
LLP settlement Scheme, 2020 MCA vide its circular dated 4th March, 2020 has prescribed the LLP settlement Scheme, 2020 for those LLPs which have defaulted in filing of Form-3, Form-4, Form-8 and Form -11 (Details of Forms are mentioned below) by giving a one-time relaxation in additional fees to the defaulting LLPs to make good […]
