SBEI issues circular on RFQ platform for trade execution and settlement of trades in listed Non-convertible Securities.
RFQ is an electronic platform to enable sophisticated, multi-lateral negotiations to take place on a centralized online trading platform with straight-through-processing of clearing and settlement to complete a trade.
Extended Due Date for filing DIR 3 KYC of Directors
The previous due date for filing of Form DIR-3 KYC (including DIR 3 KYC Web) without payment of fee was September 30, 2022.
Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Third Amendment) Regulations, 2022
The amendment has provided that where the insolvency professional is an insolvency professional entity, it shall pay to the Board, a fee calculated at the rate of one percent of professional fee earned for the services rendered as an insolvency professional in the preceding financial year on or before the 30th day of April every year, along with a statement in Form G.
MCA revises threshold for paid up capital of “small companies”.
This definition has, now, been further revised by increasing such thresholds for paid up Capital from “not exceeding Rs. 2 crore” to “not exceeding Rs. 4 crore” and turnover from “not exceeding Rs. 20 crore” to “not exceeding Rs. 40 crore”
Submission of digitally signed documents permitted for availing government services in Punjab
Approving authorities of the Government services shall use digital signatures to approve the digitally processed applications. Authorities shall not insist on production of documents bearing physical signatures, or holograms, or stamps where digitally signed documents have been provided/submitted.
MCA clarifies the applicability of fast track corporate insolvency resolution process
Application for fast track corporate insolvency resolution process may be made in respect of small companies and start-ups.
Companies (Acceptance of Deposits) Amendment Rules, 2022
The amendment has issued revised forms to file Return of deposits under the Companies (Acceptance of Deposits) Rules, 2014.
MCA 2 has published 9 revised Company Forms
The revised forms are available in V3 portal for filing purposes.
The Companies (Registration of Charges) second amendment rules, 2022.
Through this amendment, a new rule 13 has been notified which deals with signing of charge e-forms by insolvency resolution professional or resolution professional or liquidator for companies under resolution or liquidation.
Companies (Removal of Names of Companies from the Register of Companies) Second Amendment Rules, 2022
The revised STK forms include a declaration that the company is not carrying on any business or operations, as revealed after the physical verification.
