FSSAI caps the penalty for delay in submission of Annual Returns
FSSAI caps the penalty for delay in submission of Annual Returns. The maximum penalty that can be levied shall not exceed 5 times the annual license fees.
SEBI issues circular on Handling of Clients’ Securities by Trading Members(TM) / Clearing Members (CM).
All the securities received in pay-out, shall be transferred to the demat account of the respective clients directly from the pool account of the TM/CM within one working day of the pay-out
The Aadhaar (Enrolment and Update) (Tenth Amendment) Regulations, 2022.
Aadhaar number holders may, on completion of every 10 years from the date of enrolment for Aadhaar, update their supporting documents in Aadhaar, at least once, by submitting Proof of Identity (POI) and Proof of Address (POA) documents as specified under Aadhaar Enrolment and Update Regulation 10 hereinabove, so as to ensure continued accuracy of their information in the Central Identities Data Repository (CIDR), in such manner as may be specified by the Authority from time to time.
TRAI extends time to receive comments on ‘Draft Telecommunication (Broadcasting and Cable) Services Interconnection (Addressable Systems) (Fourth Amendment) Regulations 2022.
The annual Audit caused by Distributor shall include the Audit to validate compliance with this Schedule and the Subscription Audit, as provided for in these regulations. The annual Audit as caused by Distributor under regulation 15 (1) shall be scheduled in such a manner that there is a gap of at-least six months between the audits of two consecutive calendar years. Further, there should not be a gap of more than 18 months between audits of two consecutive calendar years.
ESIC Online Maternity Benefit Claim Portal launched by Union Minister for Labour and Employment.
Maternity Benefit is given to insured women in the form of cash benefit in case of certain contingencies such as in the advanced stage of pregnancy, after delivery / in the unfortunate event of confinement or miscarriage and who meet the eligibility conditions.
The Insecticides (Amendment) Draft Rules, 2022.
Through this amendment, it has been notified that no person shall use a label or leaflet that has not been amended in accordance with these rules after the expiry of six months from the date of coming into force of these rules.
SEBI Committee report on Strengthening Governance of Market Infrastructure Institutions
Public comments on the recommendations of the Committee may be submitted to SEBI by November 30, 2022.
SEBI mandates intimation of particulars of fee paid for issue and listing
The SEBI vide circular dated November 10, 2022 has revised the Operational Circular for issue and listing of Non-convertible Securities, Securitised Debt Instruments, Security Receipts, Municipal Debt Securities and Commercial Paper to mandate the same.
Minimum shareholding requirements for sponsor group(s) of a Real Estate Investment Trust
The sponsor(s) and sponsor group(s) of a Real Estate Investment Trust(REIT) shall collectively hold a minimum of fifteen percent of the total units of the REIT for a period of at least three years from the date of listing of such units pursuant to initial offer on a post-issue basis.
InvITs failing to offer units prohibited from making private placement of unlisted shares
The amendment shall come into force on January 1, 2023.
