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CAIRR Update July 5, 2022

Summary of circulars issued by the Stock Exchanges and Notifications issued by IBBI on 04/07/2022. 1. BSE and NSE have issued circulars directing debt/equity listed entities to disseminate the following on their website: All disclosures, under Regulation 46 and 62 of Listing Regulations to be under a separate section as mentioned below: Home > [...]

By | 2022-07-28T10:24:25+00:00 July 5th, 2022|ca2013.com|0 Comments

CAIRR Update July 1, 2022

July 01, 2022 Summary of the circular issued by SEBI on 30/06/2022 SEBI amends disclosure format w.r.t public shareholding of specified securities w.e.f quarter ending 30/09/2022 Key Highlight of the revised format are as follows: 1. The names of the public shareholders holding 1% or more than 1% of shares of the listed entity should [...]

By | 2022-07-01T11:44:35+00:00 July 1st, 2022|ca2013.com|0 Comments

CAIRR Update June 16, 2022

June 16, 2022 Summary of the circular issued by IBBI on 15/06/2022 Procedural requirements to be adhered to by an Information Utility with respect to Corporate Insolvency Resolution Process An Information Utility (IU), upon receipt of the CIRP application (whether filed by Financial Creditor/Operational Creditor/Corporate Debtor) from the Board, shall carry out the following [...]

By | 2022-06-16T10:27:29+00:00 June 16th, 2022|ca2013.com|0 Comments

CAIRR Update June 15, 2022

June 15, 2022 Summary of the notifications issued by IBBI on 14/06/2022 IBBI amends procedure for issuing of Record of Default under Information Utilities regulations. IBBI now requires the creditor to file the information of default with the information utility, prior to filing a CIRP application, so that the information utility shall process the [...]

By | 2022-06-15T12:28:11+00:00 June 15th, 2022|ca2013.com|0 Comments

CAIRR Update June 13, 2022

June 13, 2022 Summary of the notification issued by MCA on 10/06/2022 Procedure for Restoration of Name in the Data Bank by the Independent Director under Companies Act, 2013 Any individual desirous of being appointed as an Independent Director is required to pass an online proficiency self-assessment test conducted by the Institute ('IICA') within [...]

By | 2022-06-15T09:50:22+00:00 June 13th, 2022|ca2013.com|0 Comments

CAIRR Update June 10, 2022

June 10, 2022 Summary of the notification issued by MCA on 09/06/2022 MCA notifies re-submission timelines w.r.t application filed for removal of name of company under Companies Act, 2013 A company which intends to have its name removed under Section 248(2) of the Companies Act, 2013 shall file the application in Form STK-2. MCA [...]

By | 2022-06-13T14:22:05+00:00 June 13th, 2022|ca2013.com|0 Comments

CAIRR Update June 08, 2022

June 08, 2022 Summary of the circular issued by NSE on 07/06/2022 Disclosures pertaining to Corporate Insolvency Resolution Process(CIRP) and loans/borrowings from banks/FIs to be filed in the new digital portal of NSE NSE has notified that the necessary intimations w.r.t: - the various stages of Corporate Insolvency Resolution Process (CIRP) such as Admission of [...]

By | 2022-06-09T11:04:19+00:00 June 9th, 2022|ca2013.com|0 Comments

CAIRR Update June 02, 2022

June 02, 2022 Summary of the notification issued by MCA on 01/06/2022 Security Clearance from the Government is a pre-requisite before appointment of a director in certain cases Where the person seeking appointment as a director in an Indian Company is a national of a country which shares land border with India, he/she shall [...]

By | 2022-06-02T12:07:33+00:00 June 2nd, 2022|ca2013.com|0 Comments

CAIRR Update June 01, 2022

June 01, 2022 Summary of the notification issued by MCA on 31/05/2022 Extension of the deadline for filing of CSR-2 under Companies Act, 2013 MCA has extended the deadline for filing of form CSR- 2 for the preceding financial year (2020-2021) to 30/06/2022 (as against the earlier extended deadline of 31/05/2022). Further, MCA now requires that  [...]

By | 2022-06-01T10:50:12+00:00 June 1st, 2022|ca2013.com|0 Comments

CAIRR Update May 31, 2022

May 31, 2022 Summary of the notification issued by MCA on 30/05/2022 Requirement for Government Approval in case of a compromise or an arrangement under Companies Act, 2013 in specific cases Where there is a compromise/an arrangement/merger/de-merger between an Indian company and a company/body corporate which has been incorporated in a country that shares [...]

By | 2022-05-31T18:00:23+00:00 May 31st, 2022|ca2013.com|0 Comments
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