Category: Corporate Laws

Market participants are hereby informed that the relaxation for penal action in case of ‘Individual’ Investors has been extended till 8th December 2023.

The journey from SME Exchange to BSE Main Board is a significant step for companies aiming for broader horizons. By adhering to these stringent eligibility criteria, companies not only ensure their own financial stability but …

Read More "New eligibility criteria for SMEs to migrate to the main board of BSE"

NSE vide circular dated November 29, 2023 has announced Introduction of new functionalities in Penalty. These features are developed to assist members in understanding and adhering to various compliance requirements of the Exchange.

IFSCA has announce the step by step process, in consultation with RBI, to allocate IFSC codes to IBUs.

Comments may be sent by email to Mr. Aditya Sarda, Deputy General Manager, IFSCA at aditya.sarda@ifsca.gov.in with a copy to Mr. Pavan Shah, General Manager, IFSCA at pavan.shah@ifsca.gov.in latest by December 07, 2023.

IFSCA-IRDAI GIFT IFSC Global Reinsurance Summit was held at Mumbai as a platform for robust discussions, strategic insights, and collaborative initiatives aimed at navigating the evolving landscape of the global reinsurance industry.

Among IICA’s key initiatives is Independent Director Databank & Certification initiative, a mandatory certification for individuals aspiring to serve on company boards in India. This initiative, along with several others, is designed to improve the …

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IFSCA has received various proposals from the Stock Exchanges to introduce new products, widen the investor base and deepen the liquidity on the Stock Exchanges. One such proposal pertains to permitting Broker-Dealers to operate remotely …

Read More "Consultation Paper on Remote Broker-Dealers in IFSC"

Clearing Members are advised to submit the Internal Audit Report on or before November 30, 2023, to the email ID “internalaudit@nsccl.co.in” with the subject line as “Internal Audit Report- Name of the Clearing Member (Clearing …

Read More "NSE Reminder for Submission of Half Yearly Internal Audit Report by Clearing Members for the half year ended September 30, 2023"

The Government of Bihar on 17th November, 2023 issued a notification for the enactment of the Bihar Appropriation Act, 2023. This Act is enacted to authorize payment and appropriation of certain amounts from and out …

Read More "The Bihar Appropriation Act, 2023"

The financial documents required for the FME application include the previous three years’ consolidated/standalone audited financial statements. For newly incorporated entities, Income Tax Returns (ITRs) and acknowledgments can be submitted. The Net Worth Certificate, a …

Read More "IFSCA FAQ on Registration of a Fund Management Entity (FME) and Authorization of a Scheme or Fund under IFSCA (Fund Management) Regulations, 2022"

IFSCA framework for entities to get registered under Finance Company Regulations as a ‘Finance Company’ or a ‘Finance Unit’ for undertaking aircraft lease transactions.