The Insolvency and Bankruptcy Code (Amendment) Ordinance, 2020_05.06.2020
As per the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2020 dated June 05, 2020, no application will be allowed to file for initiation of Corporate Insolvency Resolution Process against a corporate debtor for any default arising on or after 25th March, 2020 for a period of Six months or such specified period as may be […]
ICSI Announcement on Revised Secretarial Standards on Meetings of the Board of Directors (SS-1) and General Meetings (SS-2):
The Secretarial Standards on Meetings of the Board of Directors (SS-1) and General Meetings (SS-2) were issued by the ICSI and which came into force w.e.f. 1st July, 2015. It was decided by the ICSI to withdraw the said standards w.e.f. 30th September, 2017 without affecting the enforceability of SS-1 and SS-2 during the period […]
PRESS INFORMATION BUREAU: Radical changes in FDI policy regime; most sectors on automatic route for FDI:
With the objective of providing major impetus to employment and job creation in India, The Union Government has radically liberalized the FDI regime. Accordingly the Government has decided to introduce a number of amendments in the FDI Policy. Changes introduced in the policy include increase in sectoral caps, bringing more activities under automatic route and […]
BSE Circular making mandatory filing prescribed documents online:
In continuation of its earlier circular no. DCS/COMP/20/2015-16 dated 30 November, 2015, the Bombay Stock Exchange of India Limited (BSE) on Friday, 11 March, 2016, has came out with a Circular No. DCS/COMP/33/2015-16; BSE had provided the Listing Centre (http://listing.bseindia.com) as the “Electronic Platform” for filing all compliances and submissions to be made by the […]
BSE initiative to encourage suspended companies to complete compliances
The Bombay Stock Exchange (BSE) on 12th February, 2016, Friday has issued circular DCS/COMP/32/2015-16 to suspended companies for a period of more than 7 years, for non -compliance with the critical clauses of the erstwhile Listing Agreement. BSE has taken initiative to encourage suspended companies to complete compliances for resumption of trading in the interests of the investors – […]
NSE Circular making mandatory filing prescribed documents online
The National Stock Exchange of India Limited (NSE) has, in furtherance of its 2 earlier circulars no. NSE Circular_NSECML201523_dt 28.12.15 and circular no. NSE_Circular No. NSE_CML_2016_3 dt 21.01.2016; on Monday 25, January, 2016, came out with a Circular No. NSE/CML/2016/4 (to be effective from 29th January, 2016); Exchange, mentioning use of specified email-ids for acquirers/sellers/merchant bankers […]
NSE Circular making mandatory filing prescribed documents online:
In continuation of its earlier circular no. NSE/CML/2015/23 dated 28 December, 2015, the National Stock Exchange of India Limited (NSE) on Thursday 21, January, 2016, has came out with a Circular No. NSE/CML/2016/3; by which NSE has announced launching of the following E-filing modules on NEAPS, thereby widening the scope of E-filling by corporate listed […]
Income-tax (22nd Amendment) Rules, 2015
Ministry of Finance, Central Board of Direct Taxes has amended, the Income-tax Rules, 1962 by substituting the rules 114B, 114C, 114D and 114E. Rules 114B, 114C and 114D shall come into force from the 1st January, 2016 Rule 114E shall come into force from the 1st April, 2016. The detailed notification is appended at the below mentioned […]
NSE Circular for filing documents online
The National Stock Exchange of India (NSE) on Monday 28th December, 2015; in continuation of its tradition of filling information online on its Platform “NEAPS (NSE Electronic Application Processing System)”, added the following for the purpose of Regulation 10 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015: Announcements Board Meetings Corporate Actions Insider Trading […]
Rules regarding quoting of PAN for specified transactions amended
Extract from the website of Press Information Bureau (PIB) The Government is committed to curbing the circulation of black money and widening of tax base. To collect information of certain types of transactions from third parties in a non-intrusive manner, the Income-tax Rules require quoting of Permanent Account Number (PAN) where the transactions exceed a […]