Clarification on 24A Annual Secretarial Audit Report

In response to queries on “Format for Annual Secretarial Audit Report and Annual Secretarial Compliance Report for listed entities and their material subsidiaries” notified by SEBI, the Bombay Stock Exchange (‘BSE”) clarified that: “Companies who …

NCD listed entity disclosure – SEBI LODR Amendment

SEBI has notified amendment to Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, vide the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2019 …

GAAR and GST related compliance in Tax Audit Report Form 3CD deferred by CBDT till 31.03.2020

GAAR and GST related compliance in Tax Audit Report Form 3CD has been deferred by The Central Board of Direct Taxes till 31.03.2020 through Circular No. 9/2019. Previously, in 2018, a similar extension was given …

Additional Fee waived for Form ADT-1 filed in GLN-2

MCA has issued a circular on 13th May, 2019 providing clarification with regard to payment of fee for filing form ADT-I, filed through GNL-2. Fees for filing Form ADT-1 by the companies which have filed Form GNL-2 during the period …

Bio-Medical Waste Management (Second Amendment) Rules, 2019

The Bio-Medical Waste Management (Second Amendment) Rules, 2019 has been passed to clarify the doubts related to phasing out of ‘Chlorinated bags’ arising from the as per Bio-Medical Waste Management (Amendment) Rules, 2018. The Rules …

New Procedure for issuing Form 16 through TRACES

The Central Board of Direct Taxes of the Directorate of Income-tax (Systems), New Delhi released a notification on 06 May, 2019 prescribing Procedure and format for issuance of certificate of the taxes deducted at source …

Extension for filing FORM GSTR-1 and FORM GSTR-3B in Odisha

The Central Board of Indirect Taxes and Customs issued two notifications on 11th May, 2019, G.S.R. 358(E) (No. 23/2019 ) and G.S.R. 359(E) (No. 24/2019) extending the date of filing FORM GSTR-1 and FORM GSTR-3B …

NCLT Rules on oppression and mismanagement suits amended

The National Company Law Tribunal Rules, 2016 has been amended by the National Company Law Tribunal (Second Amendment) Rules, 2019. Under the new framework, the minimum number of members required to file an application before …

New Gujarat Shops & Establishments Act, 2019

The Gujarat Shops & Establishments (Regulation of Employment and Conditions of Service) Act, 2019 (“2019 Act”) was published in the gazette of the State of Gujarat on Mar 7, 2019 and has been in force …

STK Forms for Removal of Names of Companies – amendments

The Ministry of Corporate Affairs (MCA) has issued the Companies (Removal of Names of Companies from the Register of Companies) Amendment Rules, 2019.  Following changes have been brought by the amendment: STK-2 Fee Increased: Form …