BSE vide Circular dt. 18.01.2017 stated Mandatory Filing of Voting Results in XBRL Mode:
BSE vide Circular no. DCS/COMP/20/2016-17 on Wednesday, 18th January, 2017 with regard to mandatory filing of information with the Exchange in electronic mode, it had previously mandated filing of SHP & Corporate Governance Report in XBRL mode. Accordingly, it has now been decided that filing of Voting Results under Regulation 44 of LODR have to […]
MCA Notice dt. 18.01.2017 for Revision in Form SPICe (INC-32) & inclusion of Mandatory application for PAN & TAN:
MCA vide Notice on Wednesday, 18th January, 2017, stated that Form SPICe (INC-32) will be revised w.e.f. 21st January, 2017 to include functionality of application for PAN & TAN in form itself. Following points to be noted in this respect: Mandatory to apply for PAN & TAN for all fresh incorporation on or after 23rd […]
MCA Notice dt. 17.01.2017 Revision of e-forms on MCA21:
MCA vide Notice on Tuesday, 17th January, 2017, stated that e-forms Form ADJ, DIR-6 & 23AC are likely to be revised w.e.f. 19th January, 2017 on MCA21 Forms page. It is advised to check the latest version before filing.
MCA Notice dt. 15.01.2017 regarding Availability of Revised Form INC-7:
MCA vide Notice on Sunday, 15th January, 2017 stated that Revised Form INC-7 has been made available on MCA Portal w.e.f. 15th January, 2017 for incorporation of Part I Companies and Companies with more than 7 subscribers. It is also clarified that for incorporation of OPCs and Companies with upto 7 subscribers, only Form SPICe […]
RBI Notification dt. 10.01.2017 notifying Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Amendment) Regulations, 2017:
RBI vide Notification No.FEMA.383/2017-RB on Tuesday, January 10, 2016 notified Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Amendment) Regulations, 2017 which shall come into force from the date of publication in Official Gazette. It hereby made amendment in Schedule 1 Annex B of the said Regulation. The said […]
RBI Notification dt. 10.01.2017 notifying Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Fifteenth Amendment) Regulations, 2016:
RBI vide Notification No.FEMA.377/2016-RB on Tuesday, January 10, 2016 notified Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Fifteenth Amendment) Regulations, 2016 which shall come into force from the date of publication in Official Gazette. Following new provisions has been inserted: Regulation 2(iiA): Definition of ‘convertible note’ issued by […]
SEBI Circular dt. 05.01.2017 for Extension of time to submit action plan by Exclusively Listed Companies of De-recognized/Non-operational/exited Stock Exchanges:
SEBI vide Circular No. SEBI/HO/MRD/DSA/CIR/P/2017/5 on Thursday, 5th January, 2017 stated that Exclusively Listed Companies (ELCs) of De-recognized/Non-operational/exited Stock Exchanges placed in the Dissemination Board (DB) were given 3 months time period to submit action plan to list or to provide exit to shareholders vide SEBI Circular dt. 10th October, 2016. However, representation has been […]
SEBI Circular dt. 05.01.2017 issuing Guidance Note on Board Evaluation:
SEBI vide Circular No. SEBI/HO/CFD/CMD/CIR/P/2017/004 on Thursday, 5th January, 2017 stated that as The Companies, Act 2013 & SEBI (LODR) Reg., 2015 contains several mandatory provisions of Board Evaluation for listed entities. However, this being at nascent stage in India, to provide clarity & guidance to listed entities, a guidance note is issued by SEBI […]
MCA Notification dt. 04.01.2017 Granting Certain Exemptions to Specified IFSC Public & Private Company:
MCA vide Notification No. G.S.R. 08(E) & G.S.R. 9(E) on Wednesday, 4th January, 2017, notifies certain exemptions from the provisions of the Companies Act, 2013 to the Specified IFSC unlisted public company & private company respectively, i.e. a company which is licensed to operate by the RBI or SEBI or IRDA from the International Financial […]
SEBI Notification dt. 04.01.2017 notifying SEBI (LODR) 3rd Amendment Regulation, 2016:
SEBI vide Notification No. SEBI/LAD/NRO/GN/2016-17/025 on Wednesday, 4th January, 2017 notified Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2016 which shall come into force on the date of publication in Official Gazette i.e. 3rd January, 2016; hereby undertaking following amendments in the Regulation 26: the title is substituted […]