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CAIRR Update February 23, 2024

23/02/2024 Summary of the IBBI Circulars dated 22/02/2024. These circulars are integrated in our free-to-use website ca2013.com. Deposit and withdrawal of unclaimed dividends and / or undistributed proceeds during the Corporate liquidation process. The circular has listed the following details to be submitted by the Liquidator, through Form-I, to process the request received from a [...]

By | 2024-02-26T12:09:49+00:00 February 26th, 2024|ca2013.com|0 Comments

CAIRR Update February 20, 2024

20/02/2024 Summary of the MCA Circular dated 19/02/2024. Introduction of Change Request Form (CRF) on MCA-21 The MCA has made available a web-based, Change Request Form (CRF) on its V3 portal for requesting any changes to the Registrar of Companies (RoCs) like the Master Data correction and to comply with certain directions of Courts/Tribunals, [...]

By | 2024-02-22T13:29:22+00:00 February 22nd, 2024|ca2013.com|0 Comments

CAIRR Update February 16, 2024

16/02/2024 Summary of the MCA Notification and IBBI Notification dated 14/02/2024 and 15/02/2024 respectively. These notifications are integrated in our free-to-use website ca2013.com. 1. Introduction of a Central Processing Centre by the Ministry of Corporate Affairs This notification has introduced a Central Processing Centre vide Companies (Registration Offices and Fees) Amendment Rules, 2024 w.e.f. 16th February 2024. Certain [...]

By | 2024-02-16T13:58:57+00:00 February 16th, 2024|ca2013.com|0 Comments

CAIRR Update February 14, 2024

14/02/2024 Summary of the IBBI Circulars dated 13/02/2024. These circulars are integrated in our free-to-use website ca2013.com. 1. Reporting / Sharing of information in the Voluntary Liquidation process of Financial Service Provider. As the definition of ‘corporate person’ excludes financial service provider (“FSP”), the Insolvency and Bankruptcy (Insolvency and Liquidation Proceedings of Financial Service Providers [...]

By | 2024-02-14T11:11:31+00:00 February 14th, 2024|ca2013.com|0 Comments

CAIRR Update February 13, 2024

13/02/2024 Summary of the IBBI Notification dated 12/02/2024. This notification is integrated in our free-to-use website ca2013.com. Insolvency and Bankruptcy Board of India (“IBBI”) notifies the Insolvency and Bankruptcy Board of India (Liquidation Process) (Amendment) Regulations (“Regulations”), 2024 The key highlights of the amendments are as follows:  Following powers can be exercised by the liquidator [...]

By | 2024-02-13T18:09:31+00:00 February 13th, 2024|ca2013.com|0 Comments

CAIRR Update February 05, 2024

05/02/2024 Summary of the IBBI Notifications dated 31/01/2024. These notifications are integrated in our free-to-use website ca2013.com. Insolvency and Bankruptcy Board of India (“IBBI”) notifies the Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) (Amendment) Regulations (“Regulations”), 2024 The key highlights of the amendment regulations are as follows: As per Regulation 3 of the [...]

By | 2024-02-05T15:08:04+00:00 February 5th, 2024|ca2013.com|0 Comments

CAIRR Update January 31, 2024

31/01/2024 Summary of the BSE and NSE Circular dated 30/01/2024. These circulars are integrated in our free-to-use website ca2013.com. Applicability of the framework to restrict the Designated Persons (“DPs”) from trading by freezing PAN at security level to all BSE, NSE and MSEI listed companies w.e.f. April 1, 2024 With reference to the SEBI circular dated [...]

By | 2024-01-31T13:03:45+00:00 January 31st, 2024|ca2013.com|0 Comments

CAIRR Update January 29, 2024

29/01/2024 Summary of the SEBI and BSE Circulars dated 25/01/2024. This notification is integrated in our free-to-use website ca2013.com. Extension of timeline for verification of market rumors by listed entities. In furtherance to the SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/162 dated September 30, 2023, regarding verification of market rumors by Top 100 and 250 Listed entities by market [...]

By | 2024-01-29T15:38:06+00:00 January 29th, 2024|ca2013.com|0 Comments

CAIRR Update January 25, 2024

25/01/2024 Summary of the MCA Notification dated 24/01/2024. This notification is integrated in our free-to-use website ca2013.com. Introduction of Companies (Listing of equity shares in permissible jurisdictions) Rules, 2024. MCA vide this notification has introduced the Companies (Listing of equity shares in permissible jurisdictions) Rules, 2024 with immediate effect.  For the purpose of this rule, [...]

By | 2024-01-29T15:36:16+00:00 January 29th, 2024|ca2013.com|0 Comments

CAIRR Update December 22, 2023

22/12/2023 Summary of the IBBI Circular and SEBI Notification dated 21/12/2023. These circulars and notifications are integrated in our free-to-use website ca2013.com. IBBI provides clarification regarding submission of particulars and declaration by the Insolvency Professionals (“IPs”) in the application filed by creditors in Part IV of Form C of Insolvency and Bankruptcy (Application to Adjudicating [...]

By | 2023-12-26T11:24:01+00:00 December 26th, 2023|ca2013.com|0 Comments
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