Follow Us :

Corporate Compliance Calendar For The Month of February, 2024 contains Compliance Requirement Under Income Tax Act, 1961, Goods & Services Tax Act, 2017 (GST), Other Statutory Laws, Foreign Exchange Management Act, 1999 (FEMA)SEBI (Listing Obligations And Disclosure Requirements) (LODR) Regulations, 2015SEBI (Depositories and Participants) Regulations 2018), SEBI Takeover Regulations 2011, SEBI (Prohibition of Insider Trading) Regulations, 2015SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018SEBI (Buyback of Securities) Regulations, 2018Companies Act, 2013 (MCA/ROC and LLP Compliance), Due dates of LLP Return Filing, Due dates of ROC Return Filings, Mutual Fund related updates, Insolvency and Bankruptcy Board of India (IBBI) Updates, NCLT & NCLAT Updates, MSME Key Updates, Competition Commission of India and Investor Education and Protection Fund.

If you think compliance is expensive, try non compliance” 

1. Key Compliances under FEMA / RBI

Applicable Laws/Acts Due Dates Compliance Particulars Forms/ (Filing mode)
FEMA ACT 1999 Not later than 30 days from the date of issue of Capital instrument FC-GPR is a form filed when the Indian company receives the Foreign Direct Investment and the company allots shares to a person resident outside India. Form FC-GPR
FEMA ACT 1999 With in 60 days of receipt/ remittance of funds or transfer of capital instruments whichever is earlier. Reporting of transfer of shares and other eligible securities between residents and non-residents and vice- versa is to be made in Form FC-TRS.

The onus of reporting shall be on the resident transferor/ transferee.

Form FC-TRS.
FEMA ACT 1999 Within 30 days from the date of receipt of the amount of consideration. A Limited Liability Partnership receiving amount of consideration and acquisition of profit shares is required to submit a report in the Form FDI LLP-1 Form FDI LLP-I
FEMA ACT 1999 within 60 days from the date of receipt of funds in A Limited liability Partnership shall report disinvestment/ transfer of capital contribution or profit share between a resident and a non resident (or vice versa) Form FDI LLP-II
FEMA ACT 1999 within 30 days from the date of allotment of capital instruments The domestic custodian shall report the issue/ transfer/ of sponsored/ unsponsored depository receipts Downstream statement -Form DI & reporting at FIFP too
  • RBI Circulars / Notifications: January, 2024
Title Notification No. Date
RBI Restricts Paytm Payments Bank from 29th February 2024 Press Release: 2023-2024/1774 31/01/2024
RBI Guidelines: Import of Gold under India-UAE CEPA TRQ RBI/2023-24/118 A.P. (DIR Series) Circular No.14 31/01/2024
Foreign Exchange Management (Non Debt Instruments) Amendment Rules 2024 Notification No. 4/1/ECB/2019 [S.O. 332(E).] 24/01/2024
Formation of new districts in Madhya Pradesh – Assignment of Lead Bank Responsibility Notification No. RBI/2023-24/116 FIDD.CO.LBS.BC.No.14/02.08.001/2023-24 19/01/2024
Revised Inclusion Norms for Urban Co-operative Banks in RBI’s Second Schedule RBI/2023-24/115 DoR.REG/LIC.No.72/16.05.000/2023-24 17/01/2024
Master Circular- Exposure Norms and Statutory / Other Restrictions – UCBs Master Circular No. RBI/2023-24/114 DoR.CRE.REC.71/07.10.002/2023-24 16/01/2024
RBI’s Revised Credit/Investment Concentration Norms for NBFCs RBI/2023-24/112 DOR.CRE.REC.70/21 .01.003/2023-24 15/01/2024
RBI Guidelines: Statutory Auditor Appointment for Co-op Banks RBI/2023-24/113 Ref.No.DOS.ARG/SEC.8/08.91.001/2023-24 15/01/2024
Draft Framework for recognising Self-Regulatory Organisations for FinTech Sector Press Release: 2023-2024/1677 15/01/2024
RBI Draft Circular: Harmonising Regulations for HFCs and NBFCs Press Release: 2023-2024/1678, Draft Circular No. DOR.FIN.REC.No.##/03.10.136/2023-24 15/01/2024
RBI Seeks Input on Draft Circular: Credit/Investment Norms for Govt NBFCs Press Release: 2023-2024/1680, Draft Circular No. RBI/2023-24/__ DOR.CRE.REC.XXX/21.01.003/2023-24 15/01/2024
RBI Directs Compliance with UNSC Sanctions: UAPA Section 51A Amendments Notification No. RBI/2023-24/110 DOR.AML.REC.68/14.06.001/2023-24 06/01/2024
RBI Directive on WMD Act Amendments: Compliance Guidelines 2024 RBI/2023-24/109 DOR.AML.REC.67/1 4.06.001/2023-24 06/01/2024
RBI Circular: Revised Directions for Forex Transactions/Hedging of foreign exchange risk RBI/2023-24/108 A. P. (DIR Series) Circular No. 13 05/01/2024
RBI KYC Update: Amendment to PEPs Definition in Master Direction Notification No. RBI/2023-24/107 DOR.AML.REC.66/14.01.001/2023-24 04/01/2024
RBI Issues Master Direction on Commercial Paper & Non-Convertible Debentures 2024 RBI/FMRD/2023-24/109 FMRD.DIRD.09/14.02.001/2023-24 03/01/2024
RBI Draft Circular: Declaration of Dividend and Profit Remittance Guidelines DOR.ACC.REC.No.##/21.02.067/2023-24 02/01/2024
Lakhbir Singh & Goldy Brar notified as ‘Terrorists’ under UAPA: Compliance Alert RBI/2023-24/106 DOR.AML.REC.65/14.06.001/2023-24 02/01/2024
Inoperative Accounts /Unclaimed Deposits in Banks- Revised Instructions Notification No. RBI/2023-24/105 DOR.SOG (LEG).REC/64/09.08.024/2023-24 01/01/2024
Review of Instructions on Bulk Deposits for Urban Co-operative Banks (UCBs) RBI/2023-24/104 DoR.SPE.REC.63/13.03.00/2023-2024 01/01/2024
Withdrawal of ₹2000 Banknotes: RBI Reports 97.38% Return as of December 2023 Press Release No. 2023-2024/1595 01/01/2024

2. Compliance requirement under Income Tax act, 1961

Sl.

Compliance Particulars Due Dates
1. ​Due date for deposit of Tax deducted/collected for the month of January, 2024. However, all the sum deducted/collected by an office of the government shall be paid to the credit of the Central Government on the same day where tax is paid without production of an Income-tax Challan 07.02.2024
2. ​Due date for issue of TDS Certificate for tax deducted under section 194-IA in the month of December, 2023 14.02.2024
3. ​Due date for issue of TDS Certificate for tax deducted under section 194-IB in the month of December, 2023​ 14.02.2024
4. ​Due date for issue of TDS Certificate for tax deducted under section 194M in the month of December, 2023 14.02.2024
5. ​Due date for issue of TDS Certificate for tax deducted under section 194S (by specified person) in the month of December, 2023 14.02.2024
6. ​Due date for furnishing of Form 24G by an office of the Government where TDS/TCS for the month of January, 2024 has been paid without the production of a challan 15.02.2024
7. ​Quarterly TDS certificate (in respect of tax deducted for payments other than salary) for the quarter ending December 31, 2023 15.02.2024
  • Important Notifications – For the month of January – 2024:
Title Notification No. Date
CBDT Release ITR 2,3 & 5 for AY 2024-25 & amends Income Tax Rule 12 Notification No. 19/2024-Income Tax [G.S.R. 83(E)] 31/01/2024
CBDT Extends Processing Time for E-Filed Returns and Refund Claims Order No. 225/132/2023/ITA-II 31/01/2024
CBDT Approves M/s Prayoga, Bengaluru for Scientific Research Funding U/s. 35 Notification No. 18/2024-Income Tax [S.O. 365(E)] 30/01/2024
CBDT notifies Income Tax Return (ITR) Form ITR-6 for AY 2024-25 Notification No. 16/2024-Income Tax [G.S.R. 64(E).] 25/01/2024
All about Income-Tax Act Amendments Carried Out Through Finance Act, 2023 Circular No. 1/2024-Income Tax 23/01/2024
Notification No. 15/2024-Income Tax Dated: 23.01.2024 Notification No. 15/2024-Income Tax, [S.O. 328(E).] 23/01/2024
Notification No. 14/2024-Income Tax Dated: 23rd January, 2024 Notification No. 14/2024-Income Tax; [S.O. 327(E)] 23/01/2024
Income Tax Notification No. 13/2024: Summoning Witnesses for Departmental Inquiry Notification No. 13/2024 [S.O. 312(E).] 19/01/2024
Notification No. 12/2024-Income Tax – Summoning Witnesses for Inquiry Notification No. 12/2024-Income Tax [S.O. 311(E)] 19/01/2024
High-Risk Transaction Alert: New Guidelines for IT Assessments 2023-24 Insight Instruction No. 74 | F. No. DGIT(S)-ADG(S)-2lHigh Risk Transaction (Pan and Non-PAN) cases/2023-24 19/01/2024
Insight Portal: High-Risk CRIU/VRU Cases and Non-PAN Cases Insight Instruction No. 73 | F. No. DGIT(S)-ADG(S)-2/CRIU VRU High Risk PAN and Non-Pan Cases/2023-24 19/01/2024
Insight Portal’s Risk Management Strategy for High-Risk Tax Cases Insight Instruction No. 72 | F. No. DGIT(S)-ADG(S)-2/CRIU VRU High Risk Cases/2023-24 18/01/2024
Electricity (Amendment) Rules, 2024 Notification No. G.S.R. 36 (E) 10/01/2024
Punjab State Faculty of Ayurvedic & Unani Systems: Income Tax Notification 11/2024 Notification No. 11/2024-Income Tax; [S.O. 91(E)] 08/01/2024
Section 10(46) Income Tax Exemption for Chennai Metropolitan Water Supply & Sewerage Board Notification No. 10/2024-Income Tax [S.O. 90(E).] 08/01/2024
Section 10(46) Income Tax Exemption for Polavaram Project Authority Notification No. 9/2024-Income Tax; [S.O. 82(E)] 05/01/2024
Section 10(46) Income Tax Exemption for Haryana State Board of Technical Education Notification No. 8/2024-Income Tax; [S.O. 83(E)] 05/01/2024
Section 10(46) Income Tax Exemption for Karmayogi Bharat Notification No. 7/2024-Income Tax; [S.O. 79(E)] 05/01/2024
Section 10(46) Income Tax Exemption for District Legal Service Authority UT Chandigarh Notification No. 6/2024 -Income Tax; [S.O. 80(E)] 05/01/2024
Corrigendum to Notification for Stichting Pension funds under section 10(23FE) Notification No. 5/2024-Income Tax Corrigendum [S.O. 64(E)] 04/01/2024
Income Tax Notification on Non-Resident Investment in Financial Products Notification No. 04/2024-Income Tax [S.O. 66(E).] 04/01/2024
Exemption from specified income U/s 10(46): Madhya Pradesh Professional Examination Board, Bhopal Notification No. 3/2024- Income Tax; [S.O. 42(E)] 02/01/2024
Exemption from specified income U/s 10(46): Karnataka State Rural Livelihood Promotion Society Notification No. 2/2024- Income Tax [S.O. 41(E)] 02/01/2024
Exemption from specified income U/s 10(46): ‘Bellary Urban Development Authority’ Notification No. 1/2024- Income Tax; [S.O. 40(E)] 02/01/2024
Draft Trade Marks (1st Amendment) Rules, 2024 Notification No. G.S.R. 35(E) 02/01/2024

3. Compliance Requirement under GST, 2017

A. Filing of GSTR –3B / GSTR 3B QRMP

a) Taxpayers having aggregate turnover > Rs. 5 Cr. in preceding FY

Tax period Due Date Particulars
Jan., 2023 20th February, 2024 Due Date for filling GSTR – 3B return for the month of Jan, 2023 for the taxpayer with Aggregate turnover exceeding INR 5 crores during previous year.

b). Taxpayers having aggregate turnover upto Rs. 5 crores in preceding FY (Group A)

Tax period Due Date   Particulars
Jan., 2023 22nd February, 2024 Due Date for filling GSTR – 3B return for the month of Jan., 2023 for the taxpayer with Aggregate turnover upto INR 5 crores during previous year and who has opted for Quarterly filing of GSTR-3B
Group A States: Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana, Andhra Pradesh, Daman & Diu and Dadra & Nagar Haveli, Puducherry, Andaman and Nicobar Islands, Lakshadweep

c). Taxpayers having aggregate turnover upto Rs. 5 crores in preceding FY (Group B)

Tax period Due Date   Particulars
Jan., 2023 24th February, 2024 Annual Turnover Up to INR 5 Cr in Previous FY But Opted Quarterly Filing
Group B States:  Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand, Odisha, Jammu and Kashmir, Ladakh, Chandigarh, Delhi

B. Filing Form GSTR-1: 

Tax period Due Date Remarks
Monthly return (Jan., 2023) 11.02.2024

1. GST Filing of returns by registered person with aggregate turnover exceeding INR 5 Crores during preceding year.

2. Registered person, with aggregate turnover of less then INR 5 Crores during preceeding year, opted for monthly filing of return under QRMP.

C. Non Resident Tax Payers, ISD, TDS & TCS Taxpayers

Form No. Compliance Particulars Timeline  Due Date
GSTR-5 & 5A Non-resident ODIAR services provider file Monthly GST Return 20th of succeeding month 20.02.2024
GSTR -6 Every Input Service Distributor (ISD) 13th of succeeding month  

13.02.2024

GSTR -7 Return for Tax Deducted at source to be filed by Tax Deductor 10th of succeeding month  

10.02.2024

GSTR -8 E-Commerce operator registered under GST liable to TCS 10th of succeeding month 10.02.2024

D. GSTR – 1 QRMP monthly / Quarterly return

Form No. Compliance Particulars Timeline  Due Date
Details of outward supply-IFF & Summary of outward supplies by taxpayers who have opted for the QRMP scheme. a) GST QRMP monthly return due date for the month of April, 2022 (IFF). Applicable for taxpayers with Annual aggregate turnover up to Rs. 1.50 Crore.

b) Summary of outward supplies by taxpayers who have opted for the QRMP scheme.

13th of succeeding month  – Monthly

Quarterly Return

13.02.2024

E. GST Refund: 

Form No. Compliance Particulars Due Date
RFD -10 Refund of Tax to Certain Persons 18 Months after the end of quarter for which refund is to be claimed

F. Monthly Payment of GST – PMT-06:

Compliance Particular Due Date
Due Date of payment of GST for a taxpayer with Aggregate turnover up to INR 5 crores during the previous year and who has opted for Quarterly filing of return under QRMP. 25.02.2024

G. GSTR 11: Statement of inward supply of goods or services or both received by UIN holders – due date 28.02.2024

GSTR-11 is the return to be filed by the persons who have been issued a Unique Identity Number and claims a refund of the taxes paid on their inward supplies.

Due date: Must be filed by the 28th of the month following the month in which inward supply is received by the UIN holders.

  • GST UPDATES – January, 2024:
Title Notification No. Date
Amendment in CGST Act: Inclusion of 411069 in Table II, Serial Number 83 Notification No. 05/2024-Central Tax [G.S.R. 77(E)] 30/01/2024
MGST: Guidelines for SGST Reimbursement on Tickets of movie ‘Satyashodhak’ No. JC (HQ)-5/SGST-reimbursement/Movies/2024/B- 12 Trade Circular No. 01T of 2024. 29/01/2024
Weekly newsletter from Chairman, CBIC dated 29/01/2024 DO No. 05/News Letter/CH(IC)/2024 29/01/2024
GSTN Advisory: Urgent Submission of Bank Details to Avoid GSTIN Suspension Press Release No. 623 23/01/2024
CBIC Chairman’s Weekly Newsletter: GST Timelines Update DO No. 04/News Letter/CH(IC)/2024 22/01/2024
Shifting of CGST & C. Ex, Mumbai West Commissionerate to its New Address Trade Notice No. 01/23-24 19/01/2024
GSTN Advisory on payment through Credit/Debit cards and UPI Press Release No. 622 19/01/2024
Weekly newsletter from Chairman, CBIC dated 17/01/2024 DO No. 03/News Letter/CH(IC)/ 2024 17/01/2024
GSTN Advisory on introduction of new Tables 14 & 15 in GSTR-1 Press Release No. 621 15/01/2024
MVAT Refund to Diplomatic Authorities (Taipei Economic & Cultural Centre (TECC)) Notification No. VAT. 1523/CR-64/Taxation-1. 15/01/2024
Clarifications on Filing Appeals Before Appellate Tribunal under Kerala SGST Act Circular No. 01/2024 11/01/2024
Odisha GST Guidelines for Co-Location Services and Place of Supply under GST Order No. Memo. No. FIN-CT1-TAX-0051-2023- 977 09/01/2024
GST and Advertising: Determining Place of Supply for Government Services Memo. No. FIN-CT1-TAX-0052-2023- 978 09/01/2024
Chairman CBIC Weekly Newsletter – 08th January, 2024 DO No. 02/News Letter/CH(IC)/2024 08/01/2024
GST: CBIC Introduces Special Procedure for Tobacco & Pan Masala Manufacturers Notification No. 04/2024–Central Tax [S.O. 85(E).] 05/01/2024
CBIC revokes Special Procedure GST Notification for Certain Goods, effective January 1, 2024 Notification No. 03/2024-Central Tax [S.O. 84(E).] 05/01/2024
GSTR-9 & GSTR-9C FY 2022-23 Extended for Tamil Nadu Flood-Hit Districts Notification 02/2024-Central Tax [G.S.R. 31(E).] 05/01/2024
GSTR-3B Filing date extended for November 2023 in Specific Tamil Nadu Districts Notification No. 01/2024 – Central Tax [G.S.R. 30(E).] 05/01/2024
WBGST: Proper officers consequent upon transfer of “State Jurisdiction” of a registered person Order No. 06/WBGST/PRO/2023 05/01/2023
Maharashtra Govt notified provisions relating to GST on ‘Online Gaming’ Maharashtra Act No. I of 2024 03/01/2024
Amendments to Central Tax Rates 2024: Key Changes in Notification 01/2017 Notification No. 01/2024-Central Tax (Rate) [G.S.R.10(E).] 03/01/2024
Amendment to Integrated Tax Rates: Notification 01/2024 Updates Schedule I – 2.5% Notification No. 01/2024-Integrated Tax (Rate) [G.S.R. 11(E).] Corrigendum No. G.S.R.28(E) 04/01/2024
Union Territory Tax Rate Amendment 2024: Changes to Notification 01/2017 Notification No. 01/2024-Union Territory Tax (Rate) Corrigendum No. G.S.R.29(E). 03/01/2024
Weekly newsletter from Chairman, CBIC dated 01/01/2024 DO No. 01/News Letter/CH(IC)/2024 01/01/2024
Advisory on functionalities available on GST portal for GTA taxpayers Press Release No. 620 01/01/2024

4. Compliance under Other Statutory LAws

Applicable Laws/Acts Timeline / Due Dates Compliance Particulars Forms / (Filing mode)
EPF (The Employees’ Provident Funds And Miscellaneous Provisions Act, 1952) 15.02.2024 PF Payment ECR
ESIC (Employees’ State Insurance Act, 1948) 15.02.2024 ESIC Payment ESI Challan
Contract Labour (Regulation & Abolition) Act, 1970 Within 15 Days of commencement/ completion of contract work Return/Notice by the Principal employer Form VI-B
Contract Labour (Regulation & Abolition) Act, 1970 Within 15 Days of commencement/ completion of contract work Notice of commencement/ completion of contract work by the Contractor Form VI-A
Payment of Gratuity Rule Within 30 Days of applicability of the Act & any change Notice of applicability of the Act & any change

Form A or B

5. SEBI – Securities Exchange Board of INDIA

  • Compliance Requirement under SEBI (Listing Obligations and Disclosure Requirements) (LODR) Regulations, 2015

A. Quarterly Compliances:

Sl. No.

Regulation reference

(Reg.)

Compliance Particulars Timeline / Due Date

(For the Quarter Ended December, 2023)

Due Dates
1 33 Financial Results 45 days/60 days from end of quarter 14.02.2024

B. Regular / Annual Compliances:

REG NO REGULATION NO PARTICULARS TIMELINE
47 Adverti-sements in Newspapers. 47 (3) Advertisements in Newspapers Financial results at 47 clause (b) of sub-regulation (1), shall be published within 48 hours of conclusion of the meeting of board of directors at which the financial results were approved. 48 HOURS
46 Website 46(2)(s) The listed entity shall disseminate the following information under a separate section on its website separate audited financial statements of each subsidiary of the listed entity in respect of a relevant financial year, uploaded at least 21 days prior to the date of the annual general meeting which has been called to inter alia consider accounts of that FY.] 21 days prior 1 days prior to the date of AGM
Annual Disclosure requirements for large entities Circular No. SEBI/HO/DDHS/CIR/P/2018/144 Annual Disclosure to be made by an entity identified as a Large Corporates

(To be submitted to the Stock Exchange(s) within 45 days of the end of the FY)

(Applicable for FY 2020 and 2021)

Within 45 days of the end of the FY

C. Other Quarterly compliance which included half year compliance except FR (Financial Results)

Reg No Regulation No Particulars Timeline
Intimation Reg 29 read with Reg 33 intimation regarding item specified in clause 29(1) (a) to be discussed at the meeting of board of directors shall be given at least five days in advance (excluding the date of the intimation and date of the meeting), and such intimation shall include the date of such meeting of board of directors.  at least 5 working days in advance, excluding the date of the intimation and date of the meeting
Intimations and Disclosure of events or information to Stock Exchanges. 87B: Intimations and Disclosure of events or information to Stock Exchanges. READ WITH PART E OF Schedule III The listed entity shall first disclose to stock exchange(s) of all events or information, as specified in Part E of Schedule III, as soon as reasonably possible but not later than twenty four hours from occurrence of the event or information: 24 HOURS
Valuation, Rating and NAV disclosure. 87C(1) (iii) An issuer whose security receipts are listed on a stock exchange shall ensure that: the net asset value is calculated on the basis of such independent valuation and the same is declared by the asset reconstruction company within 15 days of the end of quarter. 15 Days
– Certificate from Practicing Company Secretary.      . Regulation 40 (9)

(Regulation 40 (10)- certificate mentioned at sub-regulation (9), shall be

filed with the stock exchange(s) simultaneously.)

The listed entity shall ensure that the share transfer agent and/or the in-house share transfer facility, as the case may be, produces a certificate from a practicing company secretary within 30 days from the end of the financial year, certifying that all certificates have been issued within thirty days of the date of lodgement for transfer, subdivision, consolidation, renewal, exchange or endorsement of calls/ allotment monies. Within 30 days from the end of the financial year.
Indian Depository Receipt holding pattern & Shareholding details. 69(1) The listed entity shall file with the stock exchange the Indian Depository Receipt holding pattern on a quarterly basis within fifteen days of end of the quarter in the format specified by the Board. 15 days from end of each quarter

D. Event based Compliances

Reg No Regulation No Particulars Timeline
30 Disclosure of events or information. 30(6) AND Part A of Schedule III The listed entity shall first disclose to stock exchange(s) of all events, as specified in Part A of Schedule III, or information as soon as reasonably possible and not later than twenty four hours from the occurrence of event or information 24 HOURS
30 Disclosure of events or information. 30(6) AND sub-para 4 of Para A of Part A of Schedule III The listed entity shall disclose to the Exchange(s), within 30 minutes of the closure of the meeting held to consider the following:

a) dividends and/or cash bonuses recommended or declared or the decision to pass any dividend and the date on which dividend shall be paid/dispatched;

b) any cancellation of dividend with reasons thereof;

c) the decision on buyback of securities;

d) the decision with respect to fund raising proposed to be undertaken

e) increase in capital by issue of bonus shares through capitalization including the date on which such bonus shares shall be credited/ dispatched;

f) reissue of forfeited shares or securities, or the issue of shares or securities held in reserve for future issue or the creation in any form or manner of new shares or securities or any other rights, privileges or benefits to subscribe to;

g) short particulars of any other alterations of capital, including calls;

h) financial results;

i) decision on voluntary delisting by the listed entity from stock exchange(s).

30 MINUTES
31A: Conditions for re-classification of any person as promoter / public 31A(8) The following events shall deemed to be material events and shall be disclosed by the listed entity to the stock exchanges as soon as reasonably possible and not later than twenty four hours from the occurrence of the event:

(a) receipt of request for re-classification by the listed entity from the promoter(s) seeking re-classification;

(b) minutes of the board meeting considering such request which would include the views of the board on the request;

(c) submission of application for re-classification of status as promoter/public by the listed entity to the stock exchanges;

(d) decision of the stock exchanges on such application as communicated to the listed entity;

24 HOURS
34 Annual Report. 34(1)(b) In the event of any changes to the annual report, the revised copy along with the details of and explanation for the changes shall be sent not later than 48 hours after the annual general meeting.] 48 HOURS
44 Meetings of shareholders and voting 44(3) The listed entity shall submit to the stock exchange, within two working days of the conclusion of its General Meeting, details regarding the voting results in the format specified by the Board. 2 working days
47 Advertisements in Newspapers. 47 (3) Advertisements in Newspapers The listed entity shall publish the information specified in 47(1) in the newspaper simultaneously with the submission of the same to the stock exchange(s). The same is reproduced below
47(1) (a) notice of meeting of the board of directors where financial results shall be discussed (c)statements of deviation(s) or variation(s) as specified in sub-regulation (1) of regulation 32 on quarterly basis, after review by audit committee and its explanation in directors report in annual report;
(d) notices given to shareholders by advertisement
Simultaneously
SCHEDULE III PART PART A 7(A) resignation of the auditor of the listed entity, detailed reasons for resignation of auditor, as given by the said auditor, shall be disclosed by the listed entities to the stock exchanges as soon as possible but not later than twenty four hours of receipt of such reasons from the auditor 24 HOURS
SCHEDULE III PART PART A 7(B) In case of resignation of an independent director of the listed entity, within seven days from the date of resignation, the following disclosures shall be made to the stock exchanges by the listed entities:
i. Detailed reasons for the resignation of independent directors as given by the said director shall be disclosed by the listed entities to the stock exchanges.
ii. The independent director shall, along with the detailed reasons, also provide a confirmation that there is no other material reasons other than those provided.
iii. The confirmation as provided by the independent director above shall also be disclosed by the listed entities to the stock exchanges along with the detailed reasons as specified in sub-clause (i) above.]
7 days from the date of resignation
7 Share Transfer Agent. Reg 7(4) & (5) Share Transfer Agent. The listed entity shall intimate any change or appointment of a new share transfer agent, to the stock exchange(s) within seven days of entering into the agreement. 7 DAYS
29 Reg 29(1) The intimation required under 29 (1), shall be given at least two working days in advance, excluding the date of the intimation and date of the meeting Reg 29(1) is reproduced below: (b) proposal for buyback of securities ; (c) proposal for voluntary delisting by the listed entity from the stock exchange(s); (d) fund raising by way of further public offer, rights issue, American Depository Receipts/Global Depository Receipts/Foreign Currency Convertible Bonds, qualified institutions placement, debt issue, preferential issue or any other method and for determination of issue price:
Provided that intimation shall also be given in case of any annual general meeting or extraordinary general meeting or postal ballot that is proposed to be held for obtaining shareholder approval for further fund raising indicating type of issuance. (e) declaration/ recommendation of dividend, issue of convertible securities including convertible debentures or of debentures carrying a right to subscribe to equity shares or the passing over of dividend. (f) the proposal for declaration of bonus securities where such proposal is communicated to the board of directors of the listed entity as part of the agenda papers:
 at least 2 working days in advance, excluding the date of the intimation and date of the meeting
31 Holding of specified securities and shareholding pattern. Reg 31 (1)(a) The listed entity shall submit to the stock exchange(s) a statement showing holding of securities and shareholding pattern separately for each class of securities, in the format specified by the Board from time to time – one day prior to listing of its securities on the stock exchange(s); 1 day prior to listing of its securities on the stock exchange(s
31 Reg 31 (1 (c) within ten days of any capital restructuring of the listed entity resulting in a change exceeding two per cent of the total paid-up share capital: within 10 days of any capital restructuring
39 Issuance of Certificates or Receipts/Letters/Advices for securities and dealing with unclaimed securities. 39(2) The listed entity shall issue certificates or receipts or advices, as applicable, of subdivision, split, consolidation, renewal, exchanges, endorsements, issuance of duplicates thereof or issuance of new certificates or receipts or advices, as applicable, in cases of loss or old decrepit or worn out certificates or receipts or advices, as applicable within a period of thirty days from the date of such lodgement. 30 Days
39 Issuance of Certificates or Receipts/Letters/Advices for securities and dealing with unclaimed securities 39(3) The listed entity shall submit information regarding loss of share certificates and issue of the duplicate certificates, to the stock exchange within two days of its getting information. 2 days of its getting information.
40 Transfer or transmission or transposition of securities. 40 (3) On receipt of proper documentation, the listed entity shall register transfers of its securities in the name of the transferee(s) and issue certificates or receipts or advices, as applicable, of transfers; or issue any valid objection or intimation to the transferee or transferor, as the case may be, within a period of fifteen days from the date of such receipt of request for transfer 15 days
40 Transfer or transmission or transposition of securities. 40 (3) the listed entity shall ensure that transmission requests are processed for securities held in dematerialized mode within seven days after receipt of the specified documents: 7 Days
40 Transfer or transmission or transposition of securities. 40 (3) the listed entity shall ensure that transmission requests are processed for securities held in physical mode within twenty one days after receipt of the specified documents: 21 Days
46 Website 46 (3)(b) The listed entity shall update any change in the content of its website within two working days from the date of such change in content.  2 working days
50 Intimation to stock exchange(s). 50(1) The listed entity shall give prior intimation to the stock exchange(s) at least eleven working days before the date on and from which the interest on debentures and bonds, and redemption amount of redeemable shares or of debentures and bonds shall be payable. 11 working days
50 Intimation to stock exchange(s). 50(3) The listed entity shall intimate to the stock exchange(s), at least two working days in advance, excluding the date of the intimation and date of the meeting, regarding the meeting of its board of directors, at which the recommendation or declaration of issue of non-convertible debt securities or any other matter affecting the rights or interests of holders of non- convertible debt securities or non – convertible redeemable preference shares is proposed to be considered.  2 working days advance intimation excluding the date of the intimation and date of the meeting
52 Financial Results. 52 (4) & (5) The listed entity shall, within seven working days from the date of submission of the information required under sub- regulation (4), submit to stock exchange(s), a certificate signed by debenture trustee that it has taken note of the contents  7 working days
52 Financial Results. 52 (4) & (8) The listed entity shall, within two calendar days of the conclusion of the meeting of the board of directors, publish the financial results and statement referred to in reg 52 (4), in at least one English national daily newspaper circulating in the whole or substantially the whole of India. two calendar days of the conclusion of the meeting
57 Other submissions to stock exchange(s). 57(1) The listed entity shall submit a certificate to the stock exchange within two days of the interest or principal or both becoming due that it has made timely payment of interests or principal obligations or both in respect of the non convertible debt securities within 2 days
60 Record Date 60(2) The listed entity shall give notice in advance of at least seven working days (excluding the date of intimation and the record date) to the recognised stock exchange(s) of the record date or of as many days as the stock exchange(s) may agree to or require specifying the purpose of the record date.  7 working days advance intimation excluding the date of the intimation and date of the meeting
78 Record Date. 78(2) The listed entity shall give notice in advance of at least four working days to the recognised stock exchange(s) of record date specifying the purpose of the record date notice in advance of at least 4 working days
82 Intimation and filings with stock exchange(s). 82(2) The listed entity shall intimate to the stock exchange(s), at least two working days in advance, excluding the date of the intimation and date of the meeting, regarding the meeting of its board of trustees, at which the recommendation or declaration of issue of securitized debt instruments or any other matter affecting the rights or interests of holders of securitized debt instruments is proposed to be considered.  2 working days in advance, excluding the date of the intimation and date of the meeting,
82 Intimation and filings with stock exchange(s). 82(3) The listed entity shall submit such statements, reports or information including financial information pertaining to Schemes to stock exchange within seven days from the end of the month/ actual payment date, either by itself or through the servicer, on a monthly basis in the format as specified by the Board from time to time:

Provided that where periodicity of the receivables is not monthly, reporting shall be made for the relevant periods.

within 7 days

8. SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Securities and Exchange Board of India (SEBI) vide notification / Circular No. SEBI/HO/CFD/DCR1/CIR/P/2020/49 issued and publish dated 27th March 2020, has published Relaxation from compliance with certain provisions of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 due to the COVID-19 pandemic”.

Sl. No.  Regulation No. Compliance Particular Compliance Period

(Due Date)

 1  Regulation 30(1) Every person, who together with persons acting in concert with him, holds shares or voting rights entitling him to exercise 25% or more of the voting rights in a target company, shall disclose their aggregate shareholding and voting rights as of the 31st day of March, in such target company in such form as may be specified. Omitted

through introduction of SEBI (Substantial Acquisition of Shares and Takeovers) (Second Amendment) Regulations, 2021

 

Applicable w.e.f. 01.04.2022

2 Regulation 30(2) The promoter of every target company shall together with persons acting in concert with him, disclose their aggregate shareholding and voting rights as of the thirty-first day of March, in such target company in such form as may
3. Regulation 31(1) read with Regulation 28(3) of Takeover Regulations

AUGUST 7, 2019 CIRCULAR

Circular No. SEBI/HO/CFD/DCR1/CIR/P/2019/90 | Dated: August 07, 2019

The promoter of every listed company shall specifically disclose detailed reasons for encumbrance if the combined encumbrance by the promoter along with PACs with him equals or exceeds: a) 50% of their shareholding in the company; or b) 20% of the total share capital of the company. within 2 (two) working days

(Provision Insertion: “Provided that the aforesaid disclosure requirement shall not be applicable where such encumbrance is undertaken in a depository”)

 

 

 

4.

 

 

 

Regulation 31(4

 

 

 

Disclosure of encumbered shares

Promoter of every target company shall together with persons acting in concert with him, disclose their aggregate shareholding and voting rights as of the 31st March, in such target company in such form as may be specified.

7. SEBI (Prohibition of Insider Trading) Regulations, 2015

Sl. No. Regulation No. Compliance Particular Compliance Period

(Due Date)

1 Regulation 7(2)

“Continual Disclosures”

Every promoter, employee and director of every company shall disclose to the company the number of such securities acquired or disposed of within two trading days of such transaction if the value of the securities traded, whether in one transaction or a series of transactions over any calendar quarter, aggregates to a traded value in excess of ten lakh rupees (10,00,000/-) or such other value as may be specified; Every company shall notify; within two trading days of receipt of the disclosure or from becoming aware of such information

8. SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018

Sl. No. Regulation No. Compliance Particular Compliance Period

(Due Date)

1 Schedule XIX – Para (2) of ICDR

Read with Reg 108 of SEBI LODR

“The issuer shall make an application for listing from the date of allotment, within such period as may be specified by the Board from time to time, to one or more recognized stock exchange(s)”.

In regard to above, it is specified that Issuer shall make an application to the exchange/s for listing in case of further issue of equity shares from the date of allotment within 20 days (unless otherwise specified).

Within 20 days from the date of allotment
2 Regulation 162 The tenure of the convertible securities of the issuer shall not exceed eighteen months from the date of their allotment. Within 18 months from date of allotment
3 SEBI CIRCULAR

Aug 19, 2019

(CIRCULAR No. SEBI/HO/CFD/ DIL2/CIR/P/2019/94 August 19, 2019)

Application for trading approval to the stock exchange Listed entities shall make an application for trading approval to the stock exchange/s within 7 working days from the date of grant of listing approval by the stock exchange/s. Within 7 working days from grant of date of listing approval
4 Regulation 76

Application for rights issue

The issuer along with lead managers and other parties related to the issue shall constitute an optional mechanism (non-cash mode only) to accept the applications of the shareholders to apply to rights issue subject to ensuring that no third-party payments shall be allowed in respect of any application.
5. Regulation 77

Service of Documents

In case if the company fails to adhere to modes of dispatch through registered post or speed post or courier services due to Covid-19 conditions it will not be treated as non-compliance during the said period. The issuers shall publish required & necessary documents on the websites of the company, registrar, stock exchanges and the lead managers to the rights issue.
6 Regulation 84

Advertisement

Issuer has the flexibility to publish the advertisement in additional newspapers above those required in Regulation 84. The advertisement should also be made available on:

A. Website of the Issuer, Registrar, Lead Managers, and Stock Exchanges.

B. Television channels, radio, the internet, etc. to spread information related to the process.

9. SEBI (Buyback of Securities) Regulations, 2018 (Buyback Regulations)

Sl. Regulation No. Compliance Particular Compliance Period

(Due Date)

1 Regulation 11 and 24(iv) Extinguishment of equity shares in connection with Buyback The particulars of the security certificates extinguished and destroyed shall be furnished by the company to the stock exchanges where the shares or other specified securities of the company are listed within seven days of extinguishment and destruction of the certificates. 7 days of extinguishment and destruction of the certificates

10. SEBI (Depositories and Participants) Regulations 2018)

Sl. No. Particulars Due Date
1. Regulation 76 – Reconciliation of Shares and Capital Audit. Within 30 days from end of quarter.
 2. Regulation 74 (5): Processing of demat requests form by Issuer/RTAs – Certificate Received from Registrar. Within 15 days from the end of each quarter.
  • SEBI Circulars Tracker: January, 2024
Title Notification No. Date
SEBI extends timeline for verification of market rumours by listed entities Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/7 25/01/2024
Streamlining of Reporting by Designated Depository Participants & Custodians Circular No.: SEBI/HO/AFD/ AFD-SEC-2/P/CIR/2024/8 25/01/2024
SEBI Clarification on Angel Fund Regulations – LV Angel Fund Circular No. AFD/PoD/OW/2024/3685 24/01/2024
SEBI’s declines to respond to informal guidance request on policy concerns Circulars No. SEBI/HO/CFD/PoD2/OW/P/2024/3632/1 24/01/2024
SEBI Circular: New Framework for Employee Share Sale via Stock Exchange Circular No. SEBI/HO/MRD/MRD-PoD-3/P/CIR/2024/6 23/01/2024
SEBI’s New Initiative: Facility of voluntary freezing/blocking of Trading Accounts by Clients Circulars No. SEBI/HO/MIRSD/POD-1 /P/CIR/2024/4 12/01/2024
Draft SEBI Circular: Streamlining Reporting for Stock Brokers Draft Circular No. SEBI/HO/MIRSD/MIRSD-PoD-1 /P/CIR/2024/03 12/01/2024
SEBI Circular on Guidelines for AIFs on Dematerialization & Custodian Appointment SEBI/HO/AFD/PoD/CIR/2024/5 12/01/2024
SEBI Circular: Revised Foreign Investment Rules for Alternative Investment Funds Circular No. SEBI/HO/AFD/PoD1/CIR/2024/2 11/01/2024
SEBI Circular on Framework for Short Selling in Indian Securities Market Circular No. SEBI/HO/MRD/MRD-PoD-3/P/CIR/2024/1 05/01/2024
SEBI (Alternative Investment Funds) (Amendment) Regulations, 2024 Notification No. SEBI/LAD-NRO/GN/2024/163. 05/01/2024
Shri Govindayapalli Ram Mohan Rao takes charge as Executive Director, SEBI Press Releases No. 01 /2024 04/01/2024
SEBI Waiver Application: Procedure and Guidelines 2024 Notice No. 20240101-18 01/01/2024

11. Compliance Requirement UNDER Companies Act, 2013 and Rules made thereunder;

Applicable Laws/Acts Due Dates Compliance Particulars Forms / Filing mode
Companies Act, 2013 Within 15 days of appointment of an auditor. The Ministry in its General Circular No. 12/2018 dated 13th December, 2018 clarified that filing of Form NFRA-1 is applicable only for Bodies Corporate and ruled out filing by Companies as defined under sub-section (20) of Section 2 the Act. E – Form

NFRA -1

Companies Act, 2013 Within 30 days of the board meeting Filing of resolutions with the ROC regarding Board Report and Annual Accounts. The details of the resolutions passed should be filed.  MGT-14

(Filing of resolution with MCA)

Companies Act, 2013 One Time compliances Registration of Entities for undertaking CSR activities – Trust/ Society/ Section 8 Company need to file before Acceptance of Donation as CSR w.e.f. 01st April 2021. E-Form CSR-1

 Due dates of ROC Annual Filings : (if AGM date – 30.09.2023)

Sl. No. Particulars Due Date Particulars E- Form Due Date
1 Appointment of Auditor Within 15 days from the conclusion of AGM ADT-1 14.10.2023
2 Filing of financial statement and other documents with the ROC Within 30 days from the conclusion of the AGM, other than OPC

(In case of OPC within 180 days from the close of the financial year)

AOC-4, AOC-4 (CFS), AOC-4 XBRL, AOC-4 Non-XBRL 29.10.2023
3 Filing of annual return by a company. Within 60 days from the conclusion of AGM

MGT – 7 A: for OPC and small companies.

MGT-7 / MGT  7A

29.11.2023

4 Filing of Cost Audit Report with the Central Government Within 30 days from the receipt of Cost Audit Report CRA-4
5 Compliance certificate by PCS – Section 92(2) Applicable to Companies having paid-up share capital Rs. 10 crores or more or Turnover Rs. 50 crore or more MGT – 8

Attachment to MGT – 7

*After the expiry of due dates, the respective forms can be filed with respective ROC via MCA21 portal by paying statutory filing and delayed filing fee, in accordance with the provisions of the rules and regulations as mentioned under the law. 

This Calendar / Compliance Tracker is updated till 31 st January, 2024 with all Laws / Regulations and their respective amendments.

*****

Disclaimer: Every effort has been made to avoid errors or omissions in this material. In spite of this, errors may creep in. Any mistake, error or discrepancy noted may be brought to our notice which shall be taken care of in the next edition. In no event the author shall be liable for any direct, indirect, special or incidental damage resulting from or arising out of or in connection with the use of this information. Many sources have been considered including newspapers (ET, BS & HT etc.).

Feel free to share your suggestions / opinions at cslalitrajput@gmail.com

(Republished with amendments)

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

29 Comments

  1. CS Alka Ojha says:

    Kindly rectify the due date for compliance of Corporate Governance under reg. 27(2) of LODR. It is amended to “within 21 days from quarter end”.

  2. RANGAMANNAR SRINIVASAN says:

    Last date for filing Annual Return in Form 11 for LLPs for F Y 2021-22 is 30.06.2022. I find no mention of this

  3. Deepak Vyas says:

    Mr. Lalit,
    helpfully preparation done by you to do many compliance in time, but this is observed that there have not covered compliance related to Shareholding Pattern and Corporate governance report etc., as need to submit with Stock Exchange.

  4. Ravi T R says:

    Could you please help to understand from where we will get MSME master list. As the transaction done with MSME is need to give in notes to accounts of financials everyyear, identifying MSME parties often difficult, hence requested. Thanks

  5. Mani.born@gmail.com says:

    Does it correct?

    GST, Act, 2017 18.02.2020 Return filed by composition dealer statement-cum-challan to declare the details or summary of his/her self-assessed tax payable for a given quarter.
    (October 2019 to December 2019)

    CMP – 08

  6. manognt says:

    Mr Lalit due date for filing GSTR ANNUAL RETURNS (9,9A & 9C) for Financial Year 2017-18 is already extended from 31.08.2019 to 30.11.2019. Already GSTN portal is confusing now by updating as 30.10.2019 and you have added one more confusion by giving another due date as 30.09.2019 which is base less.

  7. laura says:

    A Geo Spa pampers adults with wellness treatments based on local traditions, while children are made to feel special with the Kids For All Seasons programme. With Langkawi’s rich natural environment conveniently at its doorstep, be prepared to explore the outdoors with a resident naturalist, or on your own at the Geopark Discovery Centre where Langkawi’s diverse ecosystems and natural attributes are showcased. Or, simply pull up a deck chair and lounge lazily on the 1.5 km stretch of white, sandy beach.

Leave a Comment

Your email address will not be published. Required fields are marked *

Search Post by Date
March 2024
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031