MCA Notification dt. 13.06.2017 Exemptions to Government Companies:
MCA vide Notification No. G.S.R. ………(E) on Tuesday, 13th June, 2017 amended the previous notification no. G.S.R. 463(E) dt. 5th June, 2015 in respect of Exemptions to Government Companies. Vide said notification following exemptions have been granted: Section 96(2): Annual General Meeting can be held either at registered office or such other place within the […]
MCA Notice dt. 07.06.2017 Revision of SPICe e-form on MCA21:
MCA vide Notice on Wednesday, 7th June, 2017, stated that e-form SPICe is revised w.e.f. 7th June, 2017 on MCA21 Forms page. It is advised to download the latest version before filing.
MCA Notice dt. 05.06.2017 Revision of SPICe e-form on MCA21:
MCA vide Notice on Monday, 5th June, 2017, stated that e-form SPICe is likely to be revised w.e.f. 7th June, 2017 on MCA21 Forms page. It is advised to check the latest version before filing.
MCA General Circular dt. 05.06.2017 Clarification for transfer of shares to IEPF authority in case shares held in physical form:
MCA vide General Circular No. 07/2017 on Monday, 5th June, 2017 regarding transfer of shares to IEPF Authority where shares are held in physical form and has clarified that since the said transfer takes place on account of Operation of Law, hence the procedure followed during transmission of shares may be followed in such cases […]
SEBI Notification dt. 31.05.2017 notified SEBI (ICDR) 2nd Amendment Regulations, 2017:
SEBI vide Notification No. SEBI/LAD/NRO/GN/2017-18/06 on Wednesday, 31st May, 2017 notified Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Second Amendment) Regulations, 2017, which shall come into force on the date of publication in Official Gazette. This hereby undertakes following amendments: Regulation 2(1): Clause (zd) – inclusion of “systemically important non-banking […]
MCA General Circular dt. 29.05.2017 Extension of Due Date of Transfer of Shares to IEPF Authority:
MCA vide General Circular No. 06/2017 on Monday, 29th May, 2017 has clarified regarding the Due Date of Transfer of Shares to IEPF Authority that due to modalities for transfer/transmittal of shares from companies account to the Demat account of IEPF Authority are being finalized with depositories and IEPF Authority is considering to open special […]
BSE vide Circular dt. 29.05.2017 Valuation Report on Scheme of Arrangement:
BSE vide Circular no. LIST/COMP/02/2017-18 on Monday, 29th May, 2017 stated that as advised by SEBI, with respect to the schemes, which are pending with SEBI/Stock Exchanges as well as fresh schemes which will be filed hereafter, the valuation report shall display the workings, relative fair value per share and fair share exchange ratio in the […]
MCA Notice dt. 26.05.2017 issued draft Companies (Registered Valuers and Valuation) Rules, 2017:
MCA vide Notice on Friday, 26th May, 2017, inviting comments / suggestions on the draft Companies (Registered Valuers and Valuation) Rules, 2017, along with justification in brief to be send latest by 27/06/2017 through email at comments_rv@mca.gov.in . These Rules shall come into force with effect from 15th July, 2017. The said MCA Notice and […]
SEBI Circular dt. 26.05.2017 Listing of Non-Convertible Redeemable Preference Shares (NCRPS) / Non-Convertible Debentures (NCDs) through a Scheme of Arrangement:
SEBI vide Circular No. CIR/IMD/DF/50/2017 on Friday, 26th May, 2017 laid down additional compliances for listing of NCRPS/NCDs issued, in lieu of specified securities, vide a scheme of arrangement. The said circular shall be applicable for all the draft schemes filed with the Stock Exchanges after the date of this circular. The said Additional compliances […]
MCA Notification dt. 16.05.2017 notified Limited Liability Partnership (Amendment) Rules, 2017:
MCA vide Notification No. G.S.R. 470(E) on Tuesday, 16th May, 2017 notified Limited Liability Partnership (Amendment) Rules, 2017 which shall come into force with effect from 20th May, 2017. Vide said notification in Rule 37 after sub-rule (1), sub-rule (1A) has been inserted wherein detailed conditions has been prescribed for the application in Form 24LLP […]