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Repurchase Transactions (Repo) (Reserve Bank) Directions, 2018 – Amendment

November 28, 2019 1974 Views 0 comment Print

These Directions shall be called as the Repurchase Transactions (Repo) (Reserve Bank) Directions, 2018 and shall supersede all other directions issued on the subject and covered by these regulations.

Extension of last date of filing MGT-7 & AOC-4 | J&K & Ladakh

November 28, 2019 1113 Views 0 comment Print

Relaxation of additional fees and extension of last date in filing of forms MGT-7 (Annual Return) and AOC-4 (Financial Statement) under the Companies Act, 2013- UT of J&K and UT of Ladakh

Extension of last date of filing Form PAS-6

November 28, 2019 8028 Views 0 comment Print

Time limit for filing Form PAS-6 without additional fees for the half-year ended on 30.09.2019 will be sixty days from the date of deployment of this form on the website of the Ministry. General Circular No. 16/2019 F. No. 01/21/2013 CL-V Government of India Ministry of Corporate Affairs 5th Floor, ‘A’ Wing, Shastri Bhawan, Dr. […]

Extension of last date of filing of Form NFRA-2-req

November 27, 2019 3324 Views 1 comment Print

Time limit for filing Form NFRA-2 will be 90 days from the date of deployment of this form on the website of National Financial Reporting Authority (NFRA).

Guidelines for preferential issue & institutional placement of units by a listed REIT

November 27, 2019 1065 Views 0 comment Print

Institutional Placement shall mean a preferential issue of units by a listed REIT only to Institutional Investors, as defined under REIT Regulations or circulars issued thereunder.

Guidelines for preferential issue / institutional placement of units by InvIT

November 27, 2019 1872 Views 0 comment Print

Guidelines for preferential issue of units and institutional placement of units by a listed Infrastructure Investment Trust (InvIT)- A listed InvIT may make a preferential issue of units or institutional placement of units under these guidelines, if it satisfies the following conditions:

RBI relaxes provisions for operation/Opening of SNRR Account

November 22, 2019 2604 Views 0 comment Print

With a view to promote the usage of INR products by persons resident outside India, it has been decided, in consultation with the Government of India, to expand the scope of SNRR Account by permitting person resident outside India to open such account for:

Re-export of unsold rough diamonds from Special Notified Zone of Customs without Export Declaration Form (EDF) formality

November 22, 2019 1089 Views 0 comment Print

For the lot/ lots cleared at the center/s which are duly notified under Customs Act, 1962 / specified by the Central Board of Indirect Taxes & Customs, Department of Revenue, Ministry of Finance, Government of India for the above purpose, Bill of Entry shall be filed by the buyer. AD bank may permit such import payments after being satisfied with the bona-fides of the transaction. Further, AD bank shall also maintain a record of such transactions.

Listed entities to disclose defaults on payment of Loan: SEBI

November 21, 2019 5568 Views 0 comment Print

Specific disclosures are required under the SEBI LODR Regulations in certain matters such as delay / default in payment of interest / principal on debt securities such as Non-Convertible Debt (NCDs), Non-Convertible Redeemable Preference Shares (NCRPS) etc. It has been observed that similar disclosures are generally not made by listed entities with respect to loans from banks and financial institutions.

Advisory on Amendment in Import policy of Iron & Steel

November 21, 2019 1599 Views 0 comment Print

The necessary changes related to SIMS have been operationalized in ICES. Bills of Entry for import of goods falling under the above said notification of DGFT shall mandatorily be filed in accordance with ICES Advisory 25/2019 issued by Directorate of Systems from 11.19. The above changes have been separately communicated to the various Customs Brokers Associations and RES software providers by Directorate of Systems. However, the same may further be given publicity by way of Trade notices.

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