The National Company Law Appellate Tribunal through notice dated 24.05.2021 has revised the standard operating procedure dated 03.01.2021. The revised SOP allows Learned Advocates or Authorized representatives to e-file appeal/interlocutory application/reply/rejoinder or undertakings till the tribunal commence physical hearings. The e-forms shall be filed in the same format hard copies are filed as per NCLAT Rules, 2016.
SEBI Consultation paper on proposal to increase the size criteria (set to guard against potential circumvention of Press Note 3 stipulations) in the additional disclosure framework
The Securities and Exchange Board of India (SEBI) has released a consultation paper proposing an increase in the size criteria under the additional disclosure framework