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Advisory on disclosure of material impact of COVID–19 on listed entities

May 21, 2020 1116 Views 0 comment Print

Advisory on disclosure of material impact of COVID–19 pandemic on listed entities under SEBI (LODR) Regulations, 2015 In view of the COVID 19 Pandemic, SEBI has granted several relaxations to the listed entities in terms of timelines for filing of various reports/disclosures under LODR Regulations. As it is important for investors and stakeholders of a […]

Compendium of Relaxation in SEBI (LODR) Regulation 2015- COVID-19

May 18, 2020 2136 Views 0 comment Print

Compendium of Relaxation in relation to compliance with certain provisions of SEBI (LODR) Regulation 2015 due to COVID-19 virus pandemic S. No Circular Number Dated Link I SEBI/HO/CFD/ CMD1/CIR/P/ 2020/38 March 19,2020 https://taxguru.in/sebi/sebi-relaxes-certain-listing-regulation-due-covid-19-virus.html A Extension of timeline for filings S. No Regulation and associated filing   Filing Relaxation w.r.t. the quarter / financial year ending […]

Relaxations from LODR Regulations by SEBI necessitating out of MCA circulars

May 14, 2020 1887 Views 0 comment Print

Relaxations Provided By SEBI In View of COVID-19 Pandemic SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 Vide Its Circular Dated May 12, 2020 Relaxations necessitating out of MCA circulars Regulation No. Requirement as per the LODR Relaxation in view of COVID-19 Pandemic Regulation 36 (1)(b) and (c) – Documents & Information to shareholders  To […]

Dispatch of notice by listed companies for rights issue upto 31.07.2020

May 13, 2020 3270 Views 0 comment Print

Clarification on dispatch of notice under section 62(2) of Companies Act, 2013 by listed companies for rights issue opening upto 31st July, 2020 Section 62(1)(a)(i) of the Companies Act, 2013 mandates a company having a share capital proposing to increase its subscribed capital by the issue of further shares, to offer such shares to persons […]

AGM via VC or OAVM by Companies required to provide E-Voting facility

May 12, 2020 10668 Views 0 comment Print

Holding of Annual General Meeting (AGM) Through Video Conferencing (VC) or Other Audio Visual Means (OAVM) Companies Which Are Required To Provide The Facility of E-Voting Under The Act, or Any Other Company Which Has Opted For Such Facility Applicability of General Circular No. 20 /2020 dated May 05, 2020 General Circular No. 20/ 2020 […]

AGM through VC or OAVM by Companies not required to provide E-Voting facility

May 12, 2020 3537 Views 0 comment Print

Holding of Annual General Meeting (AGM) Through Video Conferencing (VC) Or Other Audio Visual Means (OAVM) For Companies Which Are Not Required To Provide The Facility of E-‘Voting Under The Act AGM through VC Or OAVM by Companies Not Required To Provide Facility of E-‘Voting Applicability of General Circular No. 20/ 2020 dated May 05, […]

Conducting Board Meetings Through Video Conferencing

May 7, 2020 22899 Views 0 comment Print

In wake of COVID-19 pandemic, Ministry of Corporate Affairs, Government of India, with a view to provide relief to Companies has introduced various relaxations for conducting Board Meetings. Same are listed below for your ready reference: 1. Relaxations provided vide general circular no. 11/ 2020 dated March 24, 2020 https://taxguru.in/company-law/covid-19-special-relief-measures-companies-llp.html i. The mandatory requirement of holding […]

Share Transfer under Companies Act, 2013

May 7, 2020 22107 Views 1 comment Print

Share transfer means transfer of ownership rights in shares from one person to another. Though the securities or other interest of any member in a public company shall be freely transferable, such transfer mandatorily involves the Compliance of Companies Act, 2013 and the Indian Stamp Act. The applicability of the Foreign Exchange Management Act, 1999 […]

Passing of Ordinary & Special Resolutions due to Covid-19: FAQs

April 10, 2020 1638 Views 5 comments Print

RE: GENERAL CIRCULAR NO. 14/2020 DATED 8TH APRIL 2020 ISSUED BY MCA.  SUBJECT: FAQ ON PASSING OF ORDINARY RESOLUTIONS AND SPECIAL RESOLUTIONS BY COMPANIES UNDER THE COMPANIES ACT, 2013 DURING LOCK-DOWN IMPOSED DUE TO COVID-19 Companies are facing problem to hold general meetings of shareholders and other stakeholders to pass ordinary and special resolutions, due […]

Companies Fresh Start Scheme, 2020 – Detailed Analysis

April 7, 2020 1584 Views 0 comment Print

In wake of COVID1-9 pandemic, Ministry of Corporate Affairs, Government of India, with a view to provide relief to companies has introduced ‘Companies Fresh Start Scheme, 2020‘ (CFSS-2020). This Scheme offers an opportunity to companies to make good their non-filing related defaults, irrespective of duration of default, and to make a fresh start as a […]

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