CAIRR Update April 21, 2020

April 21, 2020 Summary of the circular issued by NSE on 20/04/2020 1. NSE enables Debt Listed Entities to submit periodical compliance filings in XBRL mode In line with its efforts to eliminate redundancy and to facilitate ease in compliance filings for debt listed companies across multiple Stock Exchanges, NSE offers XBRL based reporting [...]

By | 2020-04-21T15:53:55+00:00 April 21st, 2020||0 Comments

CAIRR Update April 20, 2020

April 20, 2020   Summary of the circulars and notifications issued by NSE, SEBI and IBBI on 17/04/2020   1. Additional relaxations in compliance with certain provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘LODR’) due to the COVID-19 pandemic   Below is the summary of relaxations granted by SEBI under the [...]

By | 2020-04-20T16:19:49+00:00 April 20th, 2020||0 Comments

CAIRR Update April 09, 2020

April 09, 2020 Summary of the General Circular issued by MCA on 08/04/2020  1. MCA issues clarification on passing of ordinary and special resolutions by Companies under the Companies Act, 2013 and its Rules, due to CoVID-19 pandemic. In line with the various relaxations provided by the MCA to combat Corona Virus and ensure social distancing, MCA has issued [...]

By | 2020-04-09T15:50:32+00:00 April 9th, 2020||0 Comments

CAIRR Update March 31, 2020

March 31, 2020   Key highlights of Circulars issued by MCA on March 30, 2020   1. Companies Fresh Start Scheme, 2020   The Ministry of Corporate Affairs, has introduced the “Companies Fresh Start Scheme, 2020” which is a first of its kind opportunity to companies to make good any filing related defaults, including [...]

By | 2020-05-04T18:54:06+00:00 March 31st, 2020||0 Comments

CAIRR Update March 30, 2020

March 30, 2020   Summary of the memorandum, circular and notifications issued by MCA, SEBI and IBBI during 27/03/2020 – 29/03/2020   1. Designated fund to deposit CSR Contribution towards CoVID-19 Pandemic   Further to the recent notification, which enabled any contribution to the fund set up by the Central Government in mitigating CoVID-19 [...]

By | 2020-05-04T18:36:16+00:00 March 30th, 2020||0 Comments

CAIRR Update March 27, 2020

March 27, 2020   Summary of the circular issued by SEBI on 26/03/2020   1. Additional relaxation measures issued by SEBI to Listed entities due to CoVID-19 pandemic   To reduce the burden of Indian Corporates due to nation-wide lockdown, SEBI has granted further relaxations from compliance with respect to certain provisions of the SEBI [...]

By | 2020-05-04T18:27:59+00:00 March 27th, 2020||0 Comments

CAIRR Update March 26, 2020

March 26, 2020   Summary of the Order, Circular, Notification issued by MCA and IBBI on 24/03/2020 and 25/03/2020   1. Summary of the Relief Measures introduced by MCA under Companies Act, 2013 and Limited Liability Partnership Act, 2008 in view of COVID-19 outbreak Sr. No.   Provision under Companies Act, 2013, LLP Act, 2008, [...]

By | 2020-05-04T18:23:29+00:00 March 26th, 2020||0 Comments

CAIRR Update March 24, 2020

March 24, 2020   Key highlights of Circulars issued by MCA and SEBI   1.  Expenses made towards Novel Coronavirus (COVID – 19) to qualify as CSR Expense   Keeping in view the decision by Government of India to treat COVID – 19 as a notified disaster, and to mobilise funds for effective recovery [...]

By | 2020-05-04T18:04:16+00:00 March 24th, 2020||0 Comments

CAIRR Update March 23, 2020

March 23, 2020   Key Compliance under Companies Act, 2013 and IB Code, 2016 Amendment!   1.  Deployment of form on “Company Affirmation of Readiness towards COVID-19”   Having made an appeal to the corporate sector for implementing a strategic policy on social distancing, which is most critical for reducing community transmission of the Novel [...]

By | 2020-05-04T17:52:29+00:00 March 23rd, 2020||0 Comments

CAIRR Update March 20, 2020

March 20, 2020   Summary of Notifications and Circulars issued by MCA and SEBI on 19/03/2020 and 18/03/2020   1. The Companies (Meetings of Board and its Powers) Amendment Rules, 2020    In line with MCA bulletin on its website confirming the government’s in-principle decision to relax the requirement of holding Board Meeting’s with physical [...]

By | 2020-05-04T17:27:26+00:00 March 20th, 2020||0 Comments
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