Companies Fresh Start Scheme, 2020 provides an opportunity for active companies who may have defaulted in filing of documents, to put their affairs in order. It thus provides Directors of such companies a fresh cause of action to also challenge their disqualification qua the active companies.
IMPACT OF COVID 19 ON ANNUAL GENERAL MEETING (AGM) UNDER COMPANIES ACT 2013: Pursuant to the provisions of Companies Act, 2013 (Act) read with rules made thereunder, it is required for every Company other than a one person company to hold an Annual General Meeting (AGM) within 6 months (9 months in case of first […]
Quarterly / Half Yearly / Annual Compliances under SEBI Listing Regulations 2015 (LODR) Securities and Exchange Board of India (SEBI) on 2nd September 2015 issued the SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015 for listed entities. The Listed entities whose securities are listed on the Stock Exchanges has to comply and follow the compliances according […]
Reclassification of Promoters and Promoter Group Shareholders: SEBI has issued SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 (“SEBI LODR Regulations”) on September 2, 2015. In that Regulations, Regulation 31A defines the shareholders reclassification from the promoter’s category to public category or vice versa with execution of open offer. Regulation 31A of SEBI LODR Regulation define shareholder […]