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Notifications/Circulars

MCA imposes Rs. 1.5 Lakh Penalty for not delivering certificates of securities allotted

November 15, 2022 1614 Views 0 comment Print

Section 56(4)(b) of Companies Act, 2013 stipulates that every company shall, unless prohibited by any provision of law or any order of court, tribunal or other authority, deliver the certificates of all securities allotted, transferred or transmitted within a period of 2 months from the date of allotment, in case of any allotment of any of its shares.

Penalty reduced as company was having accumulated losses & not in a position to employ CS

November 15, 2022 1023 Views 0 comment Print

Company is having accumulated losses and not in a position to employ a Whole Time Company Secretary. Though the Company has earned some profits during the last two years, it is not sufficient to make its net worth positive.

Non-appointment of CS as Company was not in a cosmopolitan area – Penalty reduced

November 15, 2022 981 Views 0 comment Print

F.No:9/72/ADJ/SEC. 203/2013/ANDHRA PRADESH /RD(SER)/2022/5492 BEFORE THE REGIONAL DIRECTOR, SOUTH EAST REGION MINISTRY OF CORPORATE AFFAIRS, HYDERABAD IN THE MATTER OF COMPANIES ACT, 2013 IN THE MATTER OF SAUMYA MEDICAL CARE AND MEDIA LIMITED 1. M/s. Saumya Medical Care And Media Limited 2. Mr. Suresh Chintamaneni, Managing Director Appellants Date of hearing :15.11.2022 Present : Mr. […]

Central Goods and Services Tax (Third Amendment) Rules, 2022

November 15, 2022 24408 Views 2 comments Print

Effect given in GSTR 9 for 30th November 2022 (Last Date to Claim ITC for FY 21-22 and Last Date to Amend Invoice Pertaining to FY 21-22) vide Notification No. 22/2022–Central Tax | Dated: 15th November, 2022. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) New Delhi Notification No. 22/2022–Central […]

Preliminary views cannot be considered as voting instructions by creditors under CIRP Regulations

November 15, 2022 963 Views 0 comment Print

The DC notes from the perusal of the minutes of the 6th CoC meeting that the meeting was held on 17.10.2020 and the preliminary views were taken before starting the meeting on 15.10.2020 at 8 pm till 16.10.2020 at 9 p.m. Further, the DC noted that the minutes clearly state that out of total 136 […]

SEBI (Alternative Investment Funds) (Fourth Amendment) Regulations, 2022

November 15, 2022 2805 Views 0 comment Print

These Regulations may be called the Securities and Exchange Board of India (Alternative Investment Funds) (Fourth Amendment) Regulations, 2022.

Securities Contracts (Regulation) (Stock Exchanges & Clearing Corporations) (Second Amendment) Regulations, 2022

November 15, 2022 945 Views 0 comment Print

SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 15th November, 2022 SECURITIES CONTRACTS (REGULATION) (STOCK EXCHANGES AND CLEARING CORPORATIONS) (SECOND AMENDMENT) REGULATIONS, 2022 No. SEBI/LAD-NRO/GN/2022/104.—In exercise of the powers conferred by sections 4, 8A and 31 of the Securities Contracts (Regulation) Act, 1956, read with sections 11 and 30 of the Securities and Exchange […]

SEBI (Mutual Funds) (Third Amendment) Regulations, 2022

November 15, 2022 1839 Views 0 comment Print

53. Every mutual fund and asset management company shall, (a) transfer to the unit holders the dividend payments within such period as may be specified by the Board from time to time; (b) transfer to the unit holders the redemption or repurchase proceeds within such period as may be specified by the Board from time to time;

Weekly newsletter from Chairman, CBIC dated 14.11.2022

November 14, 2022 1431 Views 0 comment Print

Officers of Mumbai Airport Customs, intercepted seven arriving passengers. Examination of their belongings led to the recovery of 61 kg. of foreign origin Gold valued at more than Rs. 32 Crore. Congratulations to the officers for an excellent interdiction.

SEBI (Listing Obligations and Disclosure Requirements) (Sixth Amendment) Regulations, 2022

November 14, 2022 4818 Views 0 comment Print

These regulations may be called the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Sixth Amendment) Regulations, 2022.

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