Submissions under the LODR Regulations shall be done using digital signature certifications till December 31, 2020
Authentication/certification of any filing / submission made to stock exchanges under the LODR Regulations may be done using digital signature certifications till December 31, 2020. This Circular shall apply for filings/submissions made from July 1, 2020.
The National Company Law Tribunal and National Company Law Appellate Tribunal (Procedure for investigation of misbehavior or incapacity of Chairperson, President and other Members) Rules, 2020.
The Ministry of Consumer Affairs vide notification dated the 28th July, 2020 has publishe the National Company Law Tribunal and National Company Law Appellate Tribunal (Procedure for investigation of misbehavior or incapacity of Chairperson, President and other Members) Rules, 2020.
SEBI Clarification on open offers, buybacks and delisting of securities of listed entities
It is clarified that shareholders holding securities in physical form are allowed to tender shares in open offers, buy-backs through tender offer route and exit offers in case of voluntary or compulsory delisting.
Government of West Bengal has declared lockdown measures for the month of August
Medicine shops, health establishments, petrol pumps and other essential services shall function. All other institutions including banks and educational institutions are directed to remain closed.
Penalizing provisions of Consumer Protection Act, 2019 comes to force
The provisions relating to Central Consumer Protection Authority, Consumer Dispute Redressal Commission and offences & Penalties are hereby brought into effect.
Pecuniary jurisdiction of National Consumer Disputes Redressal Commission redefined
The National Consumer Disputes Redressal Commission has clarified that the body shall no longer entertain complaints related to transaction of goods and services for which consideration paid is bellow 10 crores(100 Million).
Kerala Consumer Price Index for month of May 2020
The Government of Kerala vide notification dated 23 July 2020 has issued the consumer price index for agricultural and industrial laborers for the moth of May 2020. The Minimum Wages shall be calculated for agricultural and industrial laborers from month of may on the basis of the new consumer index.
CBDT further extends the due date for filing income tax return for FY 2019 to 30th September
The CBDT has further extended the due date for filing Income Tax Returns for the Financial Year 2018-19 to 30th September 2020, the decision has been taken in view of the constraints due to the COVID-19 pandemic.
SEBI extends the timeline for submission of financial results for the Quarter/ Half year/ Financial year ended 30th June,2020
SEBI has extended the timeline for submission of financial results under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the quarter/half-year/financial year ended 30th June 2020 to 15th September 2020.
Gujarat government limits the applicability of Contract Labour Act
The Gujarat Contract Labour (Regulation and Abolition) Act, 1970 will now apply to establishments employing 50 or more workmen as opposed to the earlier threshold of 20.
