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Notifications/Circulars

MahaRERA: Change/transfer of separate designated bank account

February 20, 2023 13209 Views 0 comment Print

Promoters shall submit following documents in correction module on their respective login, at time of the proposed change / transfer of the separate designated bank account from one schedule bank / branch to another:

Reg. Continued recognition of unrealised management fees income by ARCs

February 20, 2023 1455 Views 0 comment Print

ARCs preparing their financial statements as per Ind AS, shall reduce the following amounts from their net owned funds while calculating the Capital Adequacy Ratio and the amount available for payment of dividend

RBI (Financial Statements – Presentation & Disclosures) Directions, 2021 amended

February 20, 2023 3411 Views 0 comment Print

Reserve Bank of India (Financial Statements – Presentation and Disclosures) Directions, 2021 – Disclosures for State Co-operative Banks and Central Co-operative Banks

Taxpayers can now enter negative values in Table 4D(2) of GSTR-3B

February 17, 2023 33831 Views 0 comment Print

The impact of credit note & their amendments will now be auto-populated in Table 4(A) instead of Table 4(B) of GSTR-3B. In case the value of credit notes becomes higher than sum of invoices and debit notes put together, then the net ITC would become negative and the taxpayers will be allowed to report negative values in Table-4A. Also, taxpayers can now enter negative values in Table 4D(2) of GSTR-3B.

No Violation of IBC when appointment of process advisors in CIRPs was approved by CoC

February 17, 2023 1869 Views 1 comment Print

The Code casts important duties on a resolution professional to carry on the business of the corporate debtor during the insolvency resolution process and to resolve the corporate debtor in accordance with the provisions of the Code. The Resolution Professional can also appoint such professionals as he deems necessary for this purpose. The Code also […]

IBBI directs RBSA Valuation Advisors LLP to not to accept new assignment for 6 months

February 17, 2023 3756 Views 0 comment Print

In exercise of powers conferred vide notification of Central Government no. GSR 1316(E) dated 18.10.2017 under Section 458 of the Companies Act, 2013 and in pursuance of rule 15 and rule 17 of the Valuation Rules IBBI hereby directs that RBSA Valuation Advisors LLP having registration number IBBI/RV-E/05/2019/110 shall not seek or accept any assignment […]

Governance, measurement and management of Interest Rate Risk in Banking Book

February 17, 2023 2646 Views 0 comment Print

Interest Rate Risk in Banking Book (IRRBB) refers to the current or prospective risk to banks’ capital and earnings arising from adverse movements in interest rates that affect its banking book positions. Excessive IRRBB can pose a significant risk to banks’ current capital base and/or future earnings. These guidelines, accordingly, require banks to measure, monitor, and disclose their exposure to IRRBB.

User Manual for Resolution of Company Complaints through NEAPS

February 17, 2023 2115 Views 0 comment Print

National Stock  Exchange of India Circular Department: Investor Services Cell Circular Ref No: NSE/CML/2023/17 Date: February 17, 2023 The Company Secretary All Listed Companies Subject: Resolution of Company complaints through NEAPS Dear Sir/ Madam, The Exchange has been providing a mechanism to resolve complaints pertaining to Listing Obligations and Disclosure Requirement (LODR) received from Investors against […]

CA Penalised for failure to report violations of provisions of Companies Act 2013

February 17, 2023 12054 Views 0 comment Print

Upon perusal of Balance Sheet for the financial years 2017-2018, it is observed that the Company has shown an amount of Rs. 3,09,72,680 as current investment However, the Company has failed to disclose the details of the name of the body corporate (indicating separately whether such bodies are (i) subsidiaries, (ii) associates, (iii) joint ventures, […]

Draft RBI (Government Securities Lending) Directions, 2023

February 17, 2023 1269 Views 0 comment Print

Government securities issued by the Central Government excluding Treasury Bills shall be eligible for lending/borrowing under a GSL transaction.

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