THE INSTITUTE OF
Company Secretaries of India
IN PURSUIT OF PROFESSIONAL EXCELLENCE
Statutory body under an Act of Parliament
(Under the jurisdiction of Ministry of Corporate Affairs)
ICSI : PFP: 2020 Dated: June 24, 2020
Ms. Barnali Mukherjee
Chief General Manager
Corporate Finance Department
Securities and Exchange Board of India
SEBI Bhavan, Plot No.C4-A, `G’ Block
Bandra Kurla Complex, Bandra (East)
Mumbai – 400051
Dear Madam,
Sub: Relaxation from compliance with the Regulation 24A read with circular No. CIR/CFD/CMD1/27/2019 dated February 8, 2019
The SEBI after considering the gravity of the conditions prevailing in the country due to COVID 19 pandemic has provided various relaxations from compliance with the provisions of various SEBI Regulations vide its circulars and notifications. SEBI vide its circular no. SEBI/HO/CFD/CM D1/CIR/P/2020/38 dated March 19, 2020 has extended the due dates of various compliances. Further, SEBI vide its Circular SEBI/HO/CFD/CMD1/CIR/P/2020/106 dated June 24, 2020 had extended the timeline for submission of financial results under regulations 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (`LODR Regulations’) to July 31, 2020.
We wish to draw your kind attention that the Company Secretaries in Practice are also facing same difficulties in the issuance of the Annual Secretarial Compliance Report as been faced by the Auditors due to continuing lockdown in the Country particularly in the State of Tamilnadu, location of the listed companies, its subsidiaries and associates in containment zones and other operational challenges i n the audit process due to the COVID-19 pandemic.
Accordingly, we request your good-self to kindly consider further extension of the due date for requisite filing under Regulation 24A read with circular No.CIR/CFD/CM D1/27/2019 dated February 8, 2019 from June 30, 2020 to July 31, 2020.
We shall be pleased to provide any further information in this regard on hearing from your goodself.
Thanking you
Yours faithfully
(CS Ashish Garg)
President, ICSI
CC:
Shri Pradeep Ramakrishnan
General Manager
Corporation Finance Department
Compliance and Monitoring Division-1
Securities and Exchange Board of India
SEBI Bhavan, Plot No.C4-A, `G’ Block
Bandra Kurla Complex, Bandra (East)
Mumbai – 400051
Shri Amarjeet Singh
Executive Director
Securities and Exchange Board of India
SEBI Bhavan, Plot No. C-4A, G Block
Bandra Kurla Complex,
Bandra (East) Mumbai 400 051
