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SECURITIES AND EXCHANGE BOARD OF INDIA (INTERMEDIARIES) (AMENDMENT) REGULATIONS, 2016

SEBI vide Notification No. SEBI/LAD-NRO/GN/2016-17/006 dated 25/05/2016 issued the Securities and Exchange Board of India (Intermediaries) (Amendment) Regulations, 2016, thereby making some amendment in existing Regulation such as insertion of definition of “Wilful Defaulter”etc. The said Amended Regulation can be accessed at the following link:SEBI_Intermidiaries Amendment Regulation_2016-dt 25.05.16

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SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE AND LISTING OF NON CONVERTIBLE REDEEMABLE PREFERENCE SHARES) (AMENDMENT) REGULATIONS, 2016

SEBI vide Notification No. SEBI/LAD-NRO/GN/2016-17/005 dated 25/05/2016 issued the Securities and Exchange Board of India (Issue and Listing of Non-Convertible Redeemable Preference Shares) (Amendment) Regulations, 2016 thereby making some amendment in existing Regulation such as insertion of definition of “Wilful Defaulter”, disclosures relating to willful defaulter etc. The said Amended Regulation can be accessed at the […]

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SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE AND LISTING OF DEBT SECURITIES) (AMENDMENT) REGULATIONS, 2016

SEBI vide Notification No. SEBI/LAD-NRO/GN/2016-17/004 dated 25/05/2016 issued the Securities and Exchange Board of India (Issue and Listing of Debt Securities) (Amendment) Regulations, 2016, thereby making some amendment in existing Regulation such as insertion of definition of “Wilful Defaulter”, disclosures relating to willful defaulter etc. The said Amended Regulation can be accessed at the following link:SEBI_Issue […]

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SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) (THIRD AMENDMENT) REGULATIONS, 2016

Securities and Exchange Board of India (SEBI), vide Circular No. SEBI/ LAD-NRO/GN/2016-17/003 dated 25/05/2016, the following regulations amended: After Sub regulation 2 (Zm) the following shall be inserted namely: “(zn) “wilful defaulter” means an issuer who is categorized as a wilful defaulter by any bank or financial institution or consortium thereof, in accordance with the guidelines […]

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SEBI (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) ( SECOND AMENDMENT) REGULATIONS, 2016

SEBI vide Notification No. SEBI/LAD-NRO/GN/2016-17/002 dated 25/05/2016 issued the Securities And Exchange Board of India (Substantial Acquisition of Shares and Takeovers) (Second Amendment) Regulations, 2016, thereby inserting 1) clause (ze) in Sub – Regulation (1) of the Regulation 2, i.e. definition of “Wilful Defaulter” and 2) Regulation 6A restricting wilful defaulter to make public announcement of […]

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SECURITIES AND EXCHANGE BOARD OF INDIA (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) (AMENDMENT) REGULATIONS, 2016

Securities and Exchange Board of India (SEBI), vide Circular No. SEBI/ LAD-NRO/GN/2016-17/001 dated 25/05/2016, the following regulations amended: Regulation 33: Financial Results; Regulation 34: Annual Report; Regulation 52: Financial Results; Regulation 53: Annual Report; Regulation 95: Statement on Impact of Audit Qualifications accompanying Annual Audit Report; Schedule IV: Part A: Disclosures In Financial Results Schedule VIII: […]

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MCA Notification dt. 23.05.2016 notified Companies (Corporate Social Responsibility) Amendment Rules, 2016

MCA vide Notification No.540(E) on Monday, 23rd May 2016, has notified the Companies (Corporate Social Responsibility) Amendment Rules, 2016 by which existing sub rule (2) of Rule 4 has been substituted and shall came into effect from the date of its publication in Official Gazette. The said notification can be accessed at the following link: MCA […]

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RBI Notification No.FEMA.368/2016-RB Dt. 20.05.2016

RBI introduces Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Seventh Amendment) Regulations, 2016 vide After Regulation 10, the following regulation should be inserted as 10A:- In case of transfer of shares between a resident buyer and a non resident seller or vice-versa, the buyer can pay not more […]

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Special Courts under section 435 of Companies Act, 2013:

Central Government vide MCA Notification dt. 18th May, 2016 has designated list of courts as Special Courts for the purpose of trial of offences punishable under the Companies Act, 2013 in terms of Section 435 of the Act. The said notification can be accessed at the following link: MCA Notification dt. 18.05.2016- special courts u s […]

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Commencement of section 2(29), sections 435 to 438 and 440 of Companies Act, 2013:

Central Government has notified Section 2(29)(iv), Section 435 to 438 and Section 440 of the Companies Act, 2013 vide MCA Notification dt. 18th May, 2016 and shall came into force w.e.f. 18th May, 2016. The said notification can be accessed at the following link: MCA Notification dt _18.05.2016_commencement of section 435 to 438 & 440

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