Category: Corporate Laws (Company Law, SEBI & FEMA)

All Entities shall review the investors’ grievances redressal mechanism from time to time to further strengthen it and rectify the existing shortcomings. All Entities who are in receipt of the complaints of the investors (“Complaint”) …

Read More "SEBI clarifications regarding Redressal of investor grievances through the SEBI Complaint Redressal (SCORES) Platform and linking it to Online Dispute Resolution platform"

SEBI approved amendments to streamline the process of handling unclaimed amounts of investors in listed entities (excluding companies, REITs, and InvITs) and facilitating refunds from the Investor Protection and Education Fund (IPEF).

To expedite the resolution process and reduce delays, the amended regulations extend the timeline for creditors to submit claims. Creditors now have 90 days from the insolvency commencement date or the date of the latest …

Read More "IBBI (Insolvency Resolution Process for Corporate Persons) (Second Amendment) Regulations, 2023"

The entities are delisted because they have still not onboarded on the e-CoO platform for issuance of Certificate of Origin (Non Preferential), to complete their on-boarding by 31st August 2023.

In addition to the prescribed documents required to be submitted with the bill of entry, the importer shall also produce — (i) Test Certificate of the product; (ii) Manufacturer’s Invoice; (iii) Purchase Order or Contract; …

Read More "CBIC directions for import of Linear Alkyl Benzene"

A listed entity that proposes to list the non-convertible debt securities on the stock exchange(s) on or after January 1, 2024, shall list all outstanding unlisted non-convertible debt securities previously issued on or after January …

Read More "Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Fourth Amendment) Regulations, 2023"

NSE has cautioned Investors about person named “Ankit Kumar” associated with entity named “Live Forex” operating through mobile number “8018388453” and website “www.liveforex.uk” and application “play.google.com/store/apps/details?id=com.live.forex” is providing assured/guaranteed returns on investment in forex market.

In order to provide operational clarity, it has been decided that all Fund Management Entities shall henceforth seek authorization from the Authority for each scheme filed.

This amendment introduces stricter regulations on the export of food supplements containing botanicals to the EU and UK, aiming to ensure the quality and safety of such products for human and animal consumption. The involvement …

Read More "Amendment in Export Policy of Food Supplements Containing Botanicals"

The report shall be submitted within 15 calendar days from the end of each quarter. The report for the quarter ending September 30, 2023 shall be submitted in the revised format by November 15, 2023. …

Read More "Revised Reporting format for AIFs"

The ongoing review of corporate laws by the Company Law Committee is thereby extended by one year.

Government of West Bengal introduces facility for submission of documents by pensioners from home by using only a Smart Phone through Face Authentication without appearing at the particular Treasury or the Bank Branch.