SEBI – ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS

SEBI (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) (FOURTH AMENDMENT) REGULATIONS, 2021   SEBI vide its notification dated October 26, 2021, amends the provisions of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“ICDR Regulation”), which shall come into force on the date of their publication in the Official Gazette. As per the amendment, it […]

RELAXATIONS GRANTED BY MCA for FY 2020-21

RELAXATION UNDER THE COMPANIES ACT, 2013: EXTENTION OF HOLDING AGM Ministry of Corporate Affairs (“MCA”) has extended the Due Date for Holding of AGMs by the companies upto November 30, 2021 ( i.e. by 2 months from the original due date) for the financial year 2020-21 ended on March 31, 2021 Accordingly, respective Registrar of […]

New form – Form no. INC-11C – (fresh certificate of incorporation issued by the registrar )

COMPANIES (INCORPORATION) FIFTH AMENDMENT RULES, 2021 The Ministry of Corporate Affairs (MCA) vide Notification dated 22nd July 2021, has issued ‘Companies (Incorporation) Fifth Amendment Rules, 2021’ (hereinafter referred to as “Fifth Amendment Rules”) to further amend the Companies (Incorporation) Rules, 2014. The Fifth Amendment Rules: Inserts new- Rule 33 A – Allotment of a new name to […]

POSTAL BALLOT

Purpose: Postal Ballot process gives an opportunity to the company’s members to exercise their votes (by postal or electronic mode), without being personally present and voting in a general meeting of the Company.  APPLICABLE PROVISIONS: Companies Act, 2013 (“Act”) – Section 2(65) and Section 110 Rule 20 & 22 of Companies (Management and Administration) Rules, […]

NSE FAQ’S – FOR LODR AMENDMENTS DATED MAY 05, 2021

NSE has, vide its Circular Ref: NSE/CML/2021/23 dated June 28, 2021, has provided the clarification on due dates by which the listed entities are required to comply with the amendment in SEBI LODR Regulations, 2015 notified on May 5, 2021. The Securities and Exchange Board of India vide notification dated May 05, 2021, have amended LODR Regulations, […]

STOCK EXCHANGES COMPLIANCES DUE FOR JULY, 2021 (EXCEPT FOR EVENT BASED COMPLIANCE)

Rules / Regulations/ Act Section/ Rule/ Regulation No Type of Form/ Filing Authority with whom file/submission has to be made etc Particulars Due Date/ Due Month/ Effective Date  if any SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Regulation 27(2)(a) Corporate Governance Report BSE and NSE  Within 21 days from the end of the quarter. […]

NFRA & ANNUAL RETURN BY AUDITOR

CONSTITUTION AND DUTIES OF NFRA National Financial Reporting Authority (“NFRA”) was constituted by Government of India on October 1, 2018, in terms with sub-section 1 of Section 132 of the Companies Act, 2013 (“Act”), which mentions the constitution of NFRA to provide for matters relating to accounting and auditing standards under the Act. As per […]

CHANGE IN FORMAT OF COMPLIANCE REPORT ON CORPORATE GOVERNANCE REPORT

Securities Exchange Board of India (‘SEBI’) vide its Circular reference no SEBI/HO/CFD/CMD-2/P/CIR/2021/567 dated May 31, 2021, has notified amendment in the quarterly format of Compliance report on Corporate Governance to be submitted by listed entities. As per the Regulation 27 (2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as modified from time to […]