SEBI (Share Based Employee Benefits) (Amendment) Regulations, 2015 dated 18.09.2015
SEBI on Friday, the 18th September,2015 came out with an amendment to the SEBI (Share Based Employee Benefits) Regulations, 2014; thereby bringing about the following changes: Amended the definitions of “employee” by removing the employees of Associate Companies from the preview of this regulations. In case of a Scheme implemented through trust, the trust is required to hold […]
Revised disclosure formats under SEBI (Prohibition of Insider Trading) Regulations, 2015
SEBI on Wednesday 16th September, 2015 upon representations received from various Stakeholders issued revised formats of: Form A: Initial Disclosure by the Company Form B: Disclosure on becoming Director/KMP/Promoter Form C: Continual Disclosure Form D: Transactions by other Connected Persons as identified by the Company (indicative format) In the revised formats SEBI included disclosures with […]
Clarification on FDI Policy on facility Sharing Agreements between Group Companies.
In relation of Foreign Direct Investment: Real Estate Business falls under the Categories prohibited for accepting FDI. With regards to the same the department received various queries as to whether Companies entering in Facility Sharing Agreement with it Group Companies for the larger purpose of business fall under the Real Estate Business? The Department vide […]
Companies (Acceptance of Deposits) Second Amendment Rules, 2015 dated 15-09-2015
MCA on Tuesday brought about year’s 2nd amendment to the Acceptance of Deposit Rules, 2015 In the Companies (Acceptance of Deposits) Rules, 2015, the definition of Deposits provides certain exemptions where in the amount is not to be considered as a Deposit, Clause (viii) of the said definition exempts amount received from director of the […]
Companies (Filing of Documents and Forms in Extensible Business Reporting Language) Rules, 2015
MCA on Wednesday, 9th September, 2015 issued the Companies (Filing of Documents and Forms in Extensible Business Reporting Language) Rules, 2015 to be effective from the date of Publication in Official Gazette, (the same are yet to be Gazetted). The said Rules are applicable to: all the listed companies; or Companies hving paid up share […]
Continuous Disclosure Requirements for Listed Entities – Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015; deals with continuous disclosure of information relating to material events by Listed entities to Stock Exchanges. SEBI with the objective of providing timely, adequate and accurate information to the stakeholders and maintain uniformity of information of such disclosure; issued a guidelines to be […]
Amendment to Schedule III of the Companies Act, 2015
MCA on Friday, 4th September, 2015 brought about certain amendments to Schedule III of the Companies Act, 2015 as under: In the said Schedule, in Part I- Balance Sheet,- (i) Under the heading “Equity and Liabilities”, in para (4), for,'(b) Trade payables, the following shall be substituted, namely:- (b) Trade Payables:- (A) total outstanding dues of […]
Exemption to Government Companies producing Defence Equipments (including Space Research)
The Central Government in Public Interest; granted exemption to Government Companies producing Defence equipment (including Space Research) from certain disclosure requirements relating to General Instructions for preparation of Statement of Profit and Loss in Schedule III of the Companies Act, 2013 to be effective form FY 2015-16; subject to the following conditions: The Board of […]
Companies (Accounts) Second Amendment Rule, 2015.”
MCA on Friday, 4th September, 2015 issued its 2nd Amendment to the Companies Accounts Rules, thereby bringing about the following changes: Inserted the definitions of Indian Accounting Standards as under: “Indian Accounting Standards”means the Indian Accounting Standards as referred to in Rule 3 and Annexure to the Companies (Indian Accounting Standards) Rules, 2015 Inserted New Rule […]
SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015
SEBI on Wednesday, 2nd September, 2015 issued the SEBI (Listing Obligations and Discloaure Requirement) Regulations, 2015 to be effective from 90th day of it publication in the Official Gazattee. The same can be accessed at the following link: SEBI (Listing Obligations and Disclosure Requiremnt) Regulations, 2015