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Circulars

Procedure for Transhipment of Export Cargo from Bangladesh to third countries from LCS to Port/Aircargo

June 22, 2020 1602 Views 0 comment Print

Transhipment of goods from LCS Petrapole to Aircargo complex, Kolkata, shall be continued following the procedure prescribed in the aforesaid Circular, until further direction from the Board.

Assignment of Risk Weights on Credit Facilities under ECLGS

June 21, 2020 1725 Views 0 comment Print

As credit facilities extended under the scheme guaranteed by NCGTC are backed by an unconditional and irrevocable guarantee provided by Government of India, it has been decided that Member Lending Institutions shall assign zero percent risk weight on the credit facilities extended under this scheme to the extent of guarantee coverage.

Anti-Dumping Investigation on imports of Aluminium Foil 80 micron & below

June 20, 2020 2175 Views 0 comment Print

Case No. ADD- OI- 18/2020- Initiation of Anti-Dumping Investigation concerning imports of Aluminium Foil 80 micron and below from China PR, Indonesia, Malaysia and Thailand.

SEBI relaxes regulatory compliance timelines

June 19, 2020 1083 Views 0 comment Print

ZIt has been decided to further extend the timelines for compliance with the regulatory requirements by the Trading Members / Clearing Members / Depository Participants, mentioned in the SEBI circulars,

MCA extends time for Creation of deposit repayment reserve & to deposit 15% of amount of debentures

June 19, 2020 5034 Views 0 comment Print

Further Extension of time till 30th September 2020 to creation of deposit repayment reserve of 20% u/s. 73(2)(C) of the Companies Act 2013 and to invest or deposit 15% of amount of debentures u/r.18 of Companies (Share capital and Debentures) Rules 2014 vide General Circular No. 24/2020 Dated: 19th June, 2020. Requirement under section 73(2)(c) […]

MCA relaxes time to file forms for creation/modification of charges

June 17, 2020 11634 Views 1 comment Print

The companies are required to file forms related to creation or modification of charges within the timelines provided in section 77 of the Companies Act, 2013 (Act), i.e. a total of 120 days of the creation or modification of charge.

Submission of correct return under GST

June 16, 2020 10530 Views 0 comment Print

All such tax payers who have not furnished details of ineligible ITC or furnished partial details of ineligible iTC or not reported reversal of ITC fully or partially, are hereby required to correct the mistakes in following manner‑

MCA extends EGM deadline upto 30th September 2020

June 15, 2020 8130 Views 0 comment Print

MCA allow companies to conduct their EGMs through VC or OAVM or transact items through postal ballot upto 30th September, 2020.

SEBI: Investment by sponsor or asset management company in scheme

June 12, 2020 1056 Views 0 comment Print

In terms of Regulation 28 (4) of SEBI (Mutual Funds) (Amendment) Regulations, 2020, the sponsor or asset management company is required to invest not less than one percent of the amount which would be raised in the new fund offer or fifty lakh rupees, whichever is less in such option of the scheme, as may be specified by the Board.

SEBI Clarifications on Disclosure Standards for AIFs

June 12, 2020 1530 Views 0 comment Print

Audit of compliance with terms of PPM as provided in Paragraph 5 of the Circular, shall be conducted at the end of each Financial Year and the findings of audit along with corrective steps, if any, shall be communicated to the Trustee or Board or Designated Partners of the AIF, Board of the Manager and SEBI, within 6 months from the end of the Financial Year.

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