Company Law:
1. Supreme court held that appeal for restoration of company’s name can’t be maintained by one whose status as its director is disputed.
Insolvency Law:
1. (IBBI) has issued the IBBI (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Second Amendment) Regulations, 2022.
2. NCLAT issues directions for computation of limitation in filing of appeals.
Securities Law:
1. SEBI Penalise Company for failing to disclose updated policy for determining ‘material subsidiary.
2. SEBI Extends time for entering details of existing non-Convertible securities into the Distributed Ledger Technology (DLT) system.
3. Structured Digital Database (SDD) Disclosure to stock exchange.
4. SEBI in board meeting has made a decision to put a specific responsibility on Independent directors to justify the pricing in an initial public offering (IPO).
MSME
1. MSMEs shall continue to avail non-tax benefits for 3 years even if there is any upward change in the investment .
POSH
1. Delhi High court held that the Friend with legal background can’t represent man facing sexual harassment at workplace enquiry.
COMPANY LAW
1. Supreme court held that appeal for restoration of company’s name can’t be maintained by one whose status as its director is disputed.
INSOLVENCY LAW
1. (IBBI) has issued the IBBI (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Second Amendment) Regulations, 2022.
2. NCLAT issues directions for computation of limitation in filing of appeals.
SECURITIES LAW
1. SEBI Penalises Company for failing to disclose updated policy for determining ‘material subsidiary.
2. SEBI Extends time for entering details of existing non- Convertible securities into the Distributed Ledger Technology (DLT) system.
3. Structured Digital Database (SDD) Disclosure to stock exchange.
4. SEBI in board meeting has made a decision to put a specific responsibility on Independent directors to justify the pricing in an initial public offering (IPO).
POSH
1. Delhi High court held that the Friend with legal background can’t represent man facing sexual harassment at workplace enquiry.
MICRO, SMALL AND MEDIUM ENTERPRISES DEVELOPMENT ACT 2006
1. MSMEs shall continue to avail non-tax benefits for 3 years even if there is any upward change in the investment .
Due Dates under various laws
14/11/2022 |
1. Regulation 33(3) Financials results along with limited review report/Auditor’s report (For listed Companies)
2. Regulation 33 (5): Financial Results (In case of entity which has listed their specified securities on SME Exchange) 3. Statement of deviation(s) or variation(s) |
18/11/2022 | 1. Submit the Structured Digital Database (SDD) Compliance Certificate |
29/11/2022 | 1. PAS-6-Reconciliation of share capital audit report-To
be filled by Unlisted public company. 2. MGT 7/7A- Annual Return. 3. MGT 8- Compliance certificate by PCS.(For Listed Company or Companies having PSC ≥ 10 Crores or turnover ≥ 50 crores) |
Disclaimer
This newsletter is a compilation of updates prepared and circulated from the academic point of view only and are not intended to constitute professional advice on any matter. The views and opinions expressed in this newsletter are those of the author of this document and are based on the internal research done by the Author.