Transaction & Regulatory Advisory Sevices Alert – February 2024

In this edition we have tried to bring you notice the latest amendment that followed in the month of February, 2024 issued by MCA, RBI, SEBI, IBBI and others.  MCA(Ministry of Corporate affairs) The Ministry of Corporate Affairs (MCA) has notified the Companies (Registration Offices and Fees) Amendment Rules, 2024 The Registrar of the Central Processing Center is empowered to examine or cause to be examined every application or e-Form or document required or authorized to be filed or delivered

Transaction & Regulatory Advisory Services Alert – April 2023

In this edition, we have tried to bring to your notice the latest amendments that followed in the month of May 2023 issued by MCA, RBI, SEBI, DIPP and others. Ministry of Corporate Affairs (MCA) The Ministry of Corporate Affairs has, vide its Notification No. dated 17th April, 2023, amended or transferred the responsibility of striking off companies from Registrar of Companies to Registrar, Centre for Processing Accelerated Corporate Exit (a.k.a. Registrar, Centre for PACE) with effect from 1st May,

Corporate & Legal – March 2023

In this edition we have tried to bring to your notice the latest amendment that followed in the month of March, 2023 issued by MCA, RBI, SEBI, DIPP and others. Ministry of Corporate Affairs (MCA) The Ministry of Corporate Affairs (MCA) has notified the Companies (Indian Accounting Standards) Amendment Rules, 2023. As per the amended rules, a new para 39AG has been inserted in Ind AS 101, which states that ‘deferred tax related to assets and liabilities arising from a

Corporate & Legal Alert – February 2023

In this edition we have tried to bring you notice the latest amendment that followed in the month of February, 2023   issued by MCA, RBI, SEBI others. MCA MCA drops RoC approval for most corporate actions The Ministry of Corporate Affairs has simplified the process for corporate reporting, eliminating the need for approval by Registrars of Companies (RoCs)in most cases and allowing companies to fulfil their reporting obligations with an online acknowledgement. To read more: MCA drops RoC approval for

Corporate & Legal – January 2023

In this edition we have tried to bring you notice the latest amendment that followed in the month of January, 2023 issued by MCA, RBI and SEBI others. RBI Update Changes in Bank KYC Norms In the latest guideline, the RBI said that Bank account holders who have already submitted valid documents and haven’t changed their addresses are no longer obliged to visit their bank locations to update their “know your customer” (KYC) information, according to the RBI. They can

Corporate & Legal – December 2022

In this edition we have tried to bring you notice the latest amendmentCirculars that followed in the month of December, 2022 issued by MCA, RBI, SEBI, DIPP and others.              Introduction of Investor Risk Reduction Access (IRRA) platform in case of disruption of trading services provided by the Trading Member (TM) . Capital markets regulator has introduced an Investor Risk Reduction Access (IRRA) platform in respect of disruption of trading services provided by the Trading Member (TM) with effect from

The latest amendment that followed in March 2022 was issued by MCA, RBI, SEBI, DIPP and others.

In this edition, we have tried to bring you to notice of the latest amendment that followed in the month of March 2022 issued by MCA, RBI, SEBI, DIPP and others. Amendments issued by SEBI  SEBI has issued a Notification regarding Change in control of the Sponsor and/or Manager of the Alternative Investment Fund involving the scheme of arrangement under the Companies Act, 2013 which shall come into force on April 1, 2022.  To streamline the process of providing approval to

The latest amendment that followed in the month of December, 2021 issued by MCA, RBI, SEBI, DIPP and others.

In this edition we have tried to bring you notice the latest amendment that followed in the month of December, 2021 issued by MCA, RBI, SEBI, DIPP and others. Amendments issued by MCA The Ministry of Corporate Affairs has issued the clarification on holding of Annual General Meeting (AGM) through Video Conference (VC) or Other Audio-Visual Means (OAVM). MCA has decided to allow the companies whose AGMs are due in the Year 2021, to conduct their AGMs on or before

The latest Amendment that followed in the month of November, 2021 issued by MCA, RBI, SEBI, DIPP and others.

In this edition we have tried to bring you notice the latest amendment that followed in the month of November, 2021 issued by MCA, RBI, SEBI, DIPP and others. Amendments issued by MCA MCA has removed all the Disqualification of Director Identification Number (DINs) As per the Companies Act, directors for five years are disqualified, if they are part of a company that defaulted on filing financial statements or annual returns for three years or has failed to repay the

Amendments issued by MCA, RBI, SEBI and others

Amendments issued by MCA Relaxations in paying additional fees in case of delay in filing Form 8 (the Statement of Account and Solvency) by Limited Liability Partnerships upto 30th December, 2021: MCA issued a Circular, in which MCA announced relaxation on additional fees in filing Form 8 by LLP upto 30th December 2021. Due to the difficulty faced by LLPs as a result of the COVID-19 epidemic, MCA has received a request for an extension of the deadline for completing