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₹12.42 Lakh penalty on Company & Directors for not filing Annual Returns

December 20, 2022 714 Views 0 comment Print

Talent Alloys Private Limited and its Directors have not filed Annual Return and Financial Statement pursuant to sub-section (4) of Section 92 and Sub-section (1) of Section 137 of the Act, thereby attracting penal provisions under Sub-Section (5) of Section 92 and Sub-section (3) of Section 137 of the Act respectively. The offence is of […]

₹14.20 Lakh penalty on Company & Directors for not filing Annual Returns

December 20, 2022 1203 Views 0 comment Print

Company and its Directors have not filed Annual and Financial Statement pursuant to Section 92(4) and Section 137(1) of Companies Act, thereby attracting penal provisions under Section 92(5) and Section 137(3)

Revised SOP on application filed under LODR Regulations w.r.t. Scheme of Arrangements

December 20, 2022 3027 Views 0 comment Print

Revised Standard Operating Procedure (SOP) on application filed under Regulation 37 and 59A of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 w.r.t. Scheme of Arrangements.

SEBI issues directions to stock exchanges in Commodities Derivative Segment

December 20, 2022 441 Views 0 comment Print

SEBI had issued directions to Stock Exchanges having Commodity Derivatives Segment in respect of suspension of trading in derivative contracts in the commodities mentioned below in December 2021

SEBI Board Meeting -12 Key decisions taken on 20th December 2022

December 20, 2022 1743 Views 0 comment Print

Market Infrastructure Institutions (Stock Exchanges, Clearing Corporations and Depositories) are key pillars of a vibrant and resilient securities market and any instance of governance lapse in these institutions may lead to weakening of stakeholder trust in the market. Accordingly, a comprehensive review was undertaken to strengthen the focus and of the governance of MIIs.

Monthly Development Report (MDR) for Bullion Exchange in IFSC

December 20, 2022 633 Views 0 comment Print

It has been decided that similar to the Stock Exchanges in IFSC, Bullion Exchange shall be required to submit MDR to IFSCA on a monthly basis, beginning January 2023.

MCA imposes penalty on Company & Directors for delay in filing of e-forms PAS-3

December 19, 2022 2844 Views 0 comment Print

In terms of the provisions of section 42(8) of the Act r/w Rule 14 (6) of Companies (Prospectus and Allotment of Securities) Rules, 2014 the Company was required to file e-forms PAS-3 within fifteen(15) days of the date of each allotment.

Clarification on enhanced guidelines for debenture trustees and listed issuer companies on security creation and initial due diligence

December 19, 2022 1071 Views 0 comment Print

larification to SEBI circular dated August 04, 2022 on enhanced guidelines for debenture trustees and listed issuer companies on security creation and initial due diligence

Aadhaar should not be disclosed in offer document or any other public document

December 19, 2022 7041 Views 0 comment Print

Listed entities should not disclose Aadhar number/Aadhar related information in any disclosure/ announcements/ any other public document made/submitted to the Exchange.

Reg. Reinsurance Treaty Agreements covering Fire & Engineering Lines of Business

December 19, 2022 888 Views 0 comment Print

IRDAI observed that Reinsurance Treaty Agreements in many instances include, as a precondition or prescription, the requirement to apply the IIB published broad-occupancy market average burning costs, as minimum risk rates.

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