BSE via circulars dated January 27th 2023 & March 31st 2023 had introduced the facility for filings of certain announcements in XBRL format. Further via circular dated May 16th 2023 BSE has issued certain clarifications on Filing of announcements in XBRL format on BSE listing centre which is summarized as follows – Area of doubts […]
GST Registration Advisory – New functionality to view Aadhaar authentication status, to view/ download e-KYC documents for new registration applications and to upload e-KYC documents in PV report-reg.
DC is of the view that Mr. Mahesh Venkataraman failed in taking proper custody and control of the assets of CD-1 due to which breach of moratorium was done by management of suspended board by operating account with ICICI Bank, and with respect to CD-2, Mr. Venkataraman failed to maintain complete transparency in sharing profile of the professional engaged by him, with CoC.
Govt reduces Special Additional Excise Duty (SAED) on production of Petroleum Crude from Rs.4100 per tonne to Rs. Rs. Nil per tonne w.e.f. 16th May, 2023 Vide Notification No. 22/2023-Central Excise | Dated: 15th May, 2023. MINISTRY OF FINANCE (Department of Revenue) Notification No. 22/2023-Central Excise | Dated: 15th May, 2023 G.S.R. 366(E).—In exercise of the […]
MCA notifies Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2023 with effect from 15th day of June, 2023 vide notification, numbered G.S.R. 367(E), dated May 15, 2023, and introduces amendments to the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016. Here’s an analysis of the key information conveyed in the notification: Amendment Details: ♦ The amendments […]
Securities and Exchange Board of India (Employees’ Service) (Amendment) Regulations, 2023 modifies the Securities and Exchange Board of India (Employees’ Service) Regulations, 2001. In the Schedule of the 2001 regulations, in the Table, column 3, there is an insertion of additional qualification requirements for officers in the Legal Stream in Grade ‘A.’ The new requirement […]
The provided text is a notification issued by the Ministry of Finance, specifically the Department of Revenue, under the Central Board of Indirect Taxes and Customs. The notification numbered 34/2023-Customs (N.T.), is dated May 15, 2023, and contains amendments to a previous notification (No. 36/2001-Customs (N.T.)). The notification primarily focuses on the substitution of three […]
UIDAI framework allows insurance companies to identify the customer by using his/her Aadhaar with consent management. In the absence of the Unique Customer Identification in the insurance sector, insurance companies are facing various issues while providing the services and claims apart from ease of onboarding the customers, circumventing possible frauds etc.
National Stock Exchange of India Circular Ref No: NSE/CML/2023/34 Date: May 15, 2023 Department: Listing To, The Company Secretary/Compliance Officer, All Listed Companies, Subject: FAQ’s on filing of announcements in XBRL format on NSE Electronic Application Processing System (NEAPS) platform. In furtherance to the circular NSE/CML/2023/28 dated March 31, 2023, issued by the Exchange w.r.t […]
The violation of Section 42 of the Companies Act, 2013 pertains to the non-compliance of regulations regarding private placement of shares by a company. In this specific case, M/s. Payswiff Technologies Private Limited failed to adhere to the provisions of Section 42(6) of the Act, which requires the company to keep the funds received for […]
