May 15, 2020 Summary of the Circulars issued by SEBI on 14/05/2020 1. SEBI relaxes applicability of SEBI Circular dated October 10, 2017 on non-compliance with the Minimum Public Shareholding (MPS) requirements Through this circular, SEBI has relaxed the applicability of its earlier circular dated 10/10/2017, which laid down the procedure to [...]
May 13, 2020 Summary of the circular and order issued by SEBI and NCLT on 12/05/2020 1. Additional relaxation in relation to compliance with certain provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 due to Covid-19 pandemic Following is the summary of relaxations granted by SEBI - Regulation Relaxation [...]
May 12, 2020 Summary of the circular issued by MCA on 11/05/2020 Relaxation with respect to Dispatch of Notice towards Rights Issue under Companies Act, 2013 by Listed Entities for Rights Issue opening upto 31/07/2020 In line with various procedural relaxations granted by SEBI with respect to Rights Issue opening upto [...]
May 06, 2020 Summary of the circular issued by MCA on 05/05/2020 1. MCA allows Companies to conduct Annual General Meetings(AGMs) for the calendar year 2020 through Video Conferencing facility due to CoVID-19 pandemic Through this circular, MCA has permitted Companies to hold AGMs for the calendar year 2020 though electronic [...]
May 04, 2020 Summary of the circular issued by MCA on 30/04/2020 1. MCA extends due date by 60 days for filing form NFRA – 2 for FY 2018-19 to 06/07/2020 MCA vide this circular has extended the deadline for filing form NFRA – 2 from 150 days to 210 days [...]
April 30, 2020 Summary of the notification issued by MCA on 29/04/2020 Extension of deadline for Independent Directors to get themselves registered with the Data Bank from April 30, 2020 to June 2020. Through this notification, MCA has extended the deadline for those individuals who were acting in the capacity of Independent Directors [...]
April 24, 2020 Summary of the circular issued by SEBI on 23/04/2020 SEBI extends deadline for top 100 Listed Entities by market capitalization whose Financial Year (FY) ended on 31/12/2019 for holding Annual General Meetings (AGMs) to September 2020 In line with the MCA Circular No. 18/2020 dated 21/04/2020 extending due [...]
April 22, 2020 Summary of the circular issued by MCA on 21/04/2020 MCA extends deadline to Companies whose Financial Year (FY) ended on 31/12/2019 for holding Annual General Meetings (AGMs) by 3 months to September 2020 In line with the various relaxations provided by MCA due to CoVID-19 pandemic, it has now extended the [...]
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 [...]
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 [...]