Monthly Archives: January 2020

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CAIRR Update January 31, 2020

January 31, 2020   Summary of the circular issued by MCA on 30/01/2020 1. Extension of due date to March 31, 2020 for filing AOC- 4 (Ind AS) and AOC-4 CFS (Ind AS) by NBFCs for FY 2018-19   MCA has extended the due date to March 31, 2020 for filing forms AOC-4 (Ind AS) and AOC-4 CFS [...]

By | 2020-01-31T14:32:48+00:00 January 31st, 2020|ca2013.com|0 Comments

CAIRR Update January 29, 2020

January 29, 2020   Summary of circulars issued by MCA and IBBI on 28/01/2020 1. Ministry of Corporate Affairs notifies Companies (Winding Up) Rules, 2020   MCA vide its notification dated January 24, 2020 has notified Companies (Winding Up) Rules, 2020 which covers all modes of winding up and shall come into effect from April 1, [...]

By | 2020-01-29T17:06:27+00:00 January 29th, 2020|ca2013.com|0 Comments

CAIRR Update January 28, 2020

January 28, 2020   Summary of circular issued by BSE on 27/01/2020 1. BSE informs all listed Companies to update information through a separate Management Details section under BSE Listing Centre in addition to Corporate Announcements:   BSE vide its circular dated January 27, 2020 has directed that Information regarding Statutory Auditor and Secretarial Auditor [...]

By | 2020-01-28T14:37:21+00:00 January 28th, 2020|ca2013.com|0 Comments

CAIRR Update January 23, 2020

January 23, 2020   Summary of circulars issued by SEBI and IBBI on 22/01/2020 1. SEBI notifies revised penalty rates and Standard Operating Procedure (SOP) for suspension and revocation of trading of specified securities for non-compliance by listed entities under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015   Pursuant to the amendments to Listing [...]

By | 2020-01-23T18:31:18+00:00 January 23rd, 2020|ca2013.com|0 Comments

CAIRR Update January 21, 2020

January 21, 2020 Summary of the circular issued by IBBI on 20/01/2020 1. IBBI notifies the details of the Scheduled Bank account for liquidators to deposit any unclaimed dividend and / or undistributed proceeds of voluntary liquidation process under Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017:   In line with the [...]

By | 2020-01-21T12:23:32+00:00 January 21st, 2020|ca2013.com|0 Comments

CAIRR Update January 20, 2020

January 20, 2020 Summary of the circular issued by SEBI on 17/01/2020  1. Listed entities to submit to Stock Exchange a Statement indicating Deviation or Variation in the use of proceeds of issue of listed non-convertible debt securities or listed non-convertible redeemable preference shares (NCRPs) on half-yearly basis:   Through this circular, SEBI requires listed [...]

By | 2020-01-20T11:52:08+00:00 January 20th, 2020|ca2013.com|0 Comments

CAIRR Update January 16, 2020

January 16, 2020 Summary of Notifications issued on January 9, 2020 and January 15, 2020 are detailed below: 1. The Insolvency and Bankruptcy Board of India (Salary, Allowances and other Terms and Conditions of Service of Chairperson and members) Amendment Rules, 2020:   IBBI by this notification has amended the tenure of service of part-time [...]

By | 2020-01-16T14:56:28+00:00 January 16th, 2020|ca2013.com|0 Comments

CAIRR Update January 14, 2020

January 14, 2020 Summary of Notification in SEBI (LODR) Regulations, 2015 issued on January 13, 2020 is detailed below:  1. The Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2020:   SEBI (LODR) (Amendment) Regulations, 2018 modified Regulation 17 by including clause 1B which requires, from April 1, 2020, the top 500 listed entities to ensure “that [...]

By | 2020-01-14T11:32:10+00:00 January 14th, 2020|ca2013.com|0 Comments

CAIRR Update January 10, 2020

January 10, 2020 Summary of Circular in IB Code, 2016 issued on 09.01.2020 is detailed below:  1. Circular on deposit of unclaimed dividends and /or undistributed proceeds of liquidation process as per Regulation 46(1) of the IBBI (Liquidation Process) Regulations 2016:   Proviso to Regulation 46(1) provides that IBBI shall open a ‘separate bank account’ with a scheduled bank [...]

By | 2020-01-10T12:40:23+00:00 January 10th, 2020|ca2013.com|0 Comments

CAIRR Update January 07, 2020

January 07, 2020  Summary of notifications issued by MCA and IBBI on 03/01/2020 and 06/01/2020 respectively. 1. MCA notifies amendment on increase in paid-up share capital threshold for appointment of Company Secretary and insertion of a criteria for conducting Secretarial Audit by Companies MCA has amended Rule 8A (Appointment of Company Secretaries in companies not [...]

By | 2020-01-07T12:06:11+00:00 January 7th, 2020|ca2013.com|0 Comments
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