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SECURITIES AND EXCHANGE BOARD OF INDIA (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) (AMENDMENT) REGULATIONS, 2022

The SEBI notified SEBI (Listing Obligations And Disclosure Requirements) (Amendment) Regulations, 2022 (hereinafter referred to as “Amended Regulations”) vide  Notification No. SEBI/LAD-NRO/GN/2022/66 Dated: January 24, 2022 to amend the existing Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. These regulations shall come into force w.e.f. January 24, 2022 The Amended Regulations and its comparison and […]

MCA Extends Due Dates for e-forms

MCA Extends Due Dates for e-forms AOC-4/ AOC-4 (CFS)/ AOC-4 (XBRL), AOC-4 (Non-XBRL), MGT-7/ MGT-7A

Further to various extensions granted previously by Ministry of Corporate Affairs (hereinafter referred to as “MCA”) to file e -forms AOC-4/ AOC-4 (CFS)/ AOC-4 (XBRL), AOC-4 (Non-XBRL), MGT-7/ 7A, under the Companies Act, 2013 (hereinafter referred to as “the Act”), MCA has again extended the due dates for filing of the aforesaid forms, via Circular […]

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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 […]

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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, […]

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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, […]

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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 […]

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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 […]

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MCA clarification on offsetting the excess CSR spent on “PM CARES Fund” for FY 2019-20

The Ministry of Corporate Affairs (“MCA”) vide a Circular dated 20.05.2021 (“aforesaid circular”) has issued a clarification for offsetting the excess Corporate Social Responsibility (“CSR”) contribution spent for FY 2019-20. The MCA has clarified with the aforesaid circular for setting off the excess CSR amount spent by the companies in FY 2019-20 by way of […]