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Clarification on applicability of LODR regulation to Related Party Transactions

March 30, 2022 3141 Views 0 comment Print

For an RPT that has been approved by the audit committee and shareholders prior to April 1, 2022, there shall be no requirement to seek fresh approval from the shareholders.

Extension of validity of FCRA registration certificates till 30.06.2022

March 24, 2022 4311 Views 0 comment Print

The validity of FCRA registration certificates of such entities whose validity was extended till 31.03.2022 in terms of the Public Notice dated 31St December, 2021 and whose renewal application is pending will stand extended till 30.06.2022 or till the date of disposal of renewal application, whichever is earlier.

Limited Liability Partnership (Second Amendment) Rules, 2022

March 4, 2022 11457 Views 0 comment Print

The Ministry of Corporate Affairs (MCA) vide its Notification dated 04th March, 2022 has notified Limited Liability Partnership (Second Amendment) Rules, 2022 to further amend the existing Limited Liability Partnership Rules, 2009, which shall come into force on the date of its publication in the Official Gazette. Sr. No. Amendment Effect/ Comments 1 Substitution: Rule […]

E-invoice mandatory if Turnover exceeds ₹20 crores wef 01.04.2022

February 24, 2022 168930 Views 16 comments Print

GST: Revision of Limit of Aggregate Turnover For E-Invoice W.E.F. 01.04.2022 CBIC made E-invoice under GST mandatory for registered persons having aggregate turnover above ₹20 crore in any of the previous years from 2017-18 till 2021-22 with effect from 01st April, 2022. The existing limit of ₹50 crores has been reduced to ₹20 crores vide […]

Analysis: Limited Liability Partnership (Amendment) Rules, 2022

February 21, 2022 2937 Views 2 comments Print

The Ministry of Corporate Affairs (MCA) vide its Notification no. G.S.R. 109(E) dated 11th February, 2022 has notified Limited Liability Partnership (Amendment) Rules, 2022 to further amend the existing Limited Liability Partnership Rules, 2009. The said amendments are notified to bring the existing rules in line with the Limited Liability Partnership (Amendment) Act, 2021.   […]

Applicability of provisions of Companies Act, 2013 on LLPs

February 21, 2022 24840 Views 1 comment Print

The Ministry of Corporate Affairs (MCA) vide its Notification no. G.S.R. 110(E) dated 11th February, 2022, has notified that the provisions of sections 90, 164, 165, 167, 206 (5), 207 (3), 252 and 439 of the Companies Act, 2013, shall apply to LLPs, except where the context otherwise requires, with the modifications as specified. The […]

MCA introduces new form CSR-2 – Report on CSR

February 13, 2022 127842 Views 0 comment Print

The MCA vide its notification dated 11th February, 2022 has notified Companies (Accounts) Amendment Rules, 2022 which shall come into force from 11th February 2022. In the Companies (Accounts) Rules, 2014, after Rule 12 (1A) the following shall be inserted: “(1B) Every company covered under the provisions of sub-section (1) to section 135 shall furnish […]

Issuance of Securities in dematerialized form in case of Investor Service  Requests

January 25, 2022 9621 Views 1 comment Print

As an on-going measure to enhance ease of dealing in securities markets by investors, it has been decided that listed companies shall henceforth issue the securities in dematerialized form only (vide Gazette Notification no. SEBI/LAD-NRO/GN/2022/66 dated January 24, 2022) while processing the following service request.

SEBI (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) (Amendment) Regulations, 2022

January 25, 2022 5148 Views 0 comment Print

Securities and Exchange Board of India (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) (Amendment) Regulations, 2022. The SEBI has notified vide Notification No. SEBI/LAD-NRO/GN/2022/71 Dtd. 25th January, 2022 a new set of regulations to amend the existing SEBI (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) Regulations, 2003, which […]

SEBI (Credit Rating Agencies) (Amendment) Regulations, 2022

January 24, 2022 2484 Views 0 comment Print

1. These Regulations may be called the Securities and Exchange Board of India (Credit Rating Agencies) (Amendment) Regulations, 2022. 2. They shall come into force on the date of their publication in the Official Gazette.

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