In this article, we look at the SEBI’s new norms for related party transactions (“RPT”) regime for listed entities. On November 9, 2021, SEBI issued the SEBI (Listing Obligations and Disclosure Requirements) (Sixth Amendment) Regulations 2021 (the “Amendment Regulations”), which made several substantive changes to the corporate governance regime relating to the publication and approval of…
LODR is one of the most important regulations mandated by the Securities and Exchange Board of India to enable transparency and fair disclosures by all listed entities in India. Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI LODR Regulations’) a listed entity shall disclose to stock exchange(s) all events or information,…
The SEBI Settlement Scheme 2022 was recently published by the Securities Exchange Board of India in a public notice dated August 19, 2022. Commencing on August 22, 2022, and running through November 21, 2022, is SEBI’s Settlement Scheme 2022. The current article gives an overview of the subject. Table of Content Brief History The objective…
The amendment for the new process for physical verification of companies was recently introduced. Since this Act is so complex in itself it will create confusion in the minds of the people and people afraid of establishing their company due to the intricacies involved in it. This article gives an emphasis on understanding the new…
The Ministry of Corporate Affairs (MCA) issued a circular on May 3, 2021, to provide relaxation in payment of additional fees and extend the dates of filing forms by LLP and Companies without any additional fees. The duration for such relaxation was notified for the time period from April 1, 2021, to May 31, 2021….
In a recent directive, the MCA (Ministry of Corporate Affairs) added measures to the statute that make the procedure for “Physical address verification of Registered Office by ROC” more apparent by requiring the application’s administrators to follow additional protocols. There are several updates towards the method that company owners with a registered office address for their…
The Companies (Incorporation) Third Amendment Rules, 2022, an update to the Companies (Incorporation) Rules, 2014, was put to notice by the Ministry of Corporate Affairs (MCA) on August 18, 2022. Compliance with Rule 25B of Companies Rules, relating to the physical evidence of the company’s registrar’s office, has been released by the MCA. Table of…
The Securities and Exchange Board of India, vide Notification No. SEBI/LAD/-NRO/GN/2022/80 dated April 25, 2022, issued the SEBI (LODR) (Fourth Amendment) Regulations, 2022 to amend the SEBI (LODR) Regulations, 2015. The erstwhile Securities and Exchange Board, vide notification dated August 13, 2021, amended the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements)…
The Ministry of Corporate Affairs (MCA) amended Schedule III of the Companies Act 2013, October 11, 2018. Schedule III of the Companies Act 2013, provides a format for the financial statements of companies complying with Accounting Standards (AS) and Ind AS under Division I and Division II respectively. Schedule III will now apply to the…
If you are running your own import-export business then you will have an IEC number. Every person dealing with imports and export has to have an IEC to conduct their business. The IEC (Import Export Code) is a required identifying document for every import/export business in the country. Except under specifically granted exclusions, a company can make…