RELAXATION FROM COMPLIANCE WITH CERTAIN PROVISIONS OF THE SEBI
THE SEBI (LISTING OBLIGATIONS DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 / OTHER APPLICABLE CIRCULARS The SEBI vide Circular no SEBI/HO/DDHS/DDHS_Div1//P/CIR/2021/556 and 557 dated April 29, 2021, has provided relaxations from compliance with certain provisions of the SEBI (Listing Obligations Disclosure Requirements) Regulations, 2015 (“SEBI LODR”) / other applicable circulars due to the CoVID -19 pandemic Listed entities […]
MCA CIRCULAR REGARDING RELAXATION OF ADDITIONAL FEES IN FILING OF CERTAIN FORMS UNDER THE COMPANIES ACT, 2013 AND LLP ACT, 2008
MCA CIRCULAR NO. 6/2021 After receiving a various request from various stakeholders for relaxation on the levy of additional fees for filing of various forms under the Companies Act, 2013 and LLP Act, 2008, the Ministry of Corporate Affairs (MCA) has issued MCA Circular no 6/ 2021 dated May 3, 2021, for relaxation of additional […]
Government e-Marketplace (GeM)
GeM is a one-stop online procurement portal for all Government buyers including Central/State ministries, Departments, Bodies & PSUs. GeM is dynamic, self-sustaining and user-friendly portal for making procurement by government officers for all Common user goods and services. Statistics of GeM Portal: –Source GeM portal Why Should you select GeM ! GeM advantages for sellers: Access […]
AATMANIRBHAR BHARAT ROZGAR YOJNA
Pradhanmantri Aatmnirbhar Bharat Rozgar Yojana 2021 – Overview Name of Scheme Pradhanmantri Aatmnirbhar Bharat Rozgar Yojana (PMABRY) in Language आत्मनिर्भर भारत रोजगार योजना Launched by Nirmala Sitharaman Plan duration 2 years Beneficiaries New employees under EPFO Major Benefit Provide Jobs under this Scheme Scheme Objective Providing new employment opportunities Scheme under State Government Name of State […]
CLARIFICATION ON SPENDING OF CSR FUNDS FOR SETTING UP MAKESHIFT HOSPITALS AND TEMPORARY COVID CARE FACILITIES
Ministry of Corporate Affairs (“MCA”) has issued clarification by circular no 05/ 2021 dated April 22, 2021, on the spending of CSR funds for setting makeshift hospitals and temporary COVID care centres in continuation to the MCA’s General Circular No. 10/2020 dated March 23, 2020, wherein it was clarified that spending of CSR funds for […]
Benefits for Manufacturing MSME units under Gujarat Industrial Policy
Introduction: – Situated on the west coast of India, Gujarat is one of the leading industrialized states in the country. Its geographical area of about 2 Lakhs sq. km. accounts for 6% percent of the total area of India. With a coastline of 1600 km, it’s well connected to all the major ports In all […]
MSME – SAMADHAAN
The country’s MSME sector is beset by issues, one of which is significant delays in receiving payments from buyers. For small and medium businesses, this results in unsustainable working capital cycles. One of the main reasons they become non-performing assets (NPAs) is because of this. To solve this delayed/non-payment, the government of India has launched […]
Benefits for Service MSME units Under Gujarat Industrial Policy.
Introduction: – Situated on the west coast of India, Gujarat is one of the leading industrialized states in the country. Its geographical area of about 2 Lakhs sq. km. accounts for 6% percent of the total area of India. With a coastline of 1600 km, it’s well connected to all the major ports In all […]
CERTAIN COMPANIES NOT TO BE CONSIDERED AS LISTED COMPANY
Introduction: The Ministry of Corporate Affairs (MCA) vide Notification No. G.R. E. 123 (E) dated 19th February, 2021, has issued ‘Companies (Specification of definitions details) Second Amendment Rules, 2021’ to further amend the ‘Companies (Specification of definitions details) Rules, 2014’. Amendment: The amendment has inserted another rule after rule 2. The newly inserted rule 2-A excludes the […]
REVISED THRESHOLD LIMITS BY MCA FOR SMALL PERSON COMPANIES AND THE BENEFITS GRANTED UNDER THE COMPANIES ACT, 2013
INTRODUCTION: The Hon’ble Finance Minister Mrs. Nirmala Sitharaman presented the Union Budget 2021 on February 1, 2021. The Budget leads the way for various amendments in the Companies Act, 2013, one of them being the proposal for change in the definition of Small Person Company (SPC) as mentioned in the Companies Act, 2013 (“Act”). This is expected […]