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Notifications/Circulars

MCA writes CMA institute for Lack of compliances by its members in Company/LLP incorporation

April 11, 2022 26685 Views 0 comment Print

It has been brought to the notice of the Ministry that the various instances have been observed where it has been found that practicing members of your Institute are not carrying out due diligence and verification of documents while incorporating a company or a LLP.

SEBI (Debenture Trustees) (Amendment) Regulations, 2022

April 11, 2022 2376 Views 0 comment Print

1. These regulations may be called the Securities and Exchange Board of India (Debenture Trustees) (Amendment) Regulations, 2022. 2. They shall come into force on the date of their publication in the Official Gazette.

Compliance Function & Role of Chief Compliance Officer (CCO) – NBFCs

April 11, 2022 7080 Views 0 comment Print

As part of the overall structure for Corporate Governance, Compliance Function serves a critical role. Accordingly, it has been decided to introduce certain principles, standards and procedures for Compliance Function in NBFC-UL and NBFC-ML, keeping in view the principles of proportionality.

Risk value of commodities for risk-o-meter

April 11, 2022 615 Views 0 comment Print

For evaluation of risk value of commodities in which mutual funds are permitted to invest, in terms of para 2(d) of SEBI circular on ‘Product Labeling in Mutual Fund schemes – Risk-o-meter’, it has been decided that investment in commodities by mutual fund schemes shall be assigned a risk score corresponding to the annualized volatility of the price of the said commodity.

Comprehensive Risk Management Framework for EGR Segment

April 11, 2022 1179 Views 0 comment Print

The core of the risk management system is the liquid assets deposited by members with the Clearing Corporation (CC). These liquid assets shall cover the following requirements: 1.1. MTM (Mark to Market) Losses: Mark to market losses on outstanding settlement obligations of the member.

IBBI clarifies on Temporary Surrender of Professional Membership

April 11, 2022 1059 Views 0 comment Print

Insolvency and Bankruptcy Board of India 7th Floor, Mayur Bhawan, Connaught Place, New Delhi-110001 CLARIFICATION No. IBBI/IP/2022 | Dated: 11th April 2022 To All Registered Insolvency Professional Agencies (By mail to registered email addresses and on website of the IBBI) Dear Madam/Sir, Subject: Clarifications with respect to Temporary Surrender of Professional Membership In view of the provisions […]

Draft Industrial Relations (Tamil Nadu) Rules, 2022

April 11, 2022 2307 Views 0 comment Print

(i) These rules may be called the Industrial Relations (Tamil Nadu ) Rules, 2022. (ii) They extend to whole of the State of Tamil Nadu. (iii) They shall come into force after the date of their publication in the Tamil Nadu Government Gazette.

Draft Code on Wages (Tamil Nadu) Rules, 2022

April 11, 2022 6921 Views 1 comment Print

(1) These rules may be called the Code on Wages (Tamil Nadu) Rules, 2022. (2) They extend to the whole of the State of Tamil Nadu. (3) They shall come into force after the date of their final publication in the Official Gazette, on the date of the commencement of the Code on Wages, 2019 (Central Act 29 of 2019).

Maintenance of SLR- Cash to include balances held by banks with RBI under SDF

April 8, 2022 624 Views 0 comment Print

Cash to be maintained by banks, as referred to in the Annex of the notification ibid, shall also include the balances held by banks with RBI under Standing Deposit Facility (SDF).

Special Economic Zones (Amendment) Rules, 2022

April 8, 2022 3492 Views 0 comment Print

In case of gems and jewellery unit, the semi-finished goods, precious metals and any other raw material (excluding diamonds or precious and semi-precious stones or lab grown diamonds) taken outside the Special Economic Zone for sub-contracting of studding by the unit shall be brought back into the unit within forty-five days

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