NMC requests submission of Compliance Report on Anti-Ragging Measures, Incidents and Action Taken
Medical colleges/ institutes are required to comply with the Prevention and Prohibition of Ragging in Medical Colleges and Institutions Regulations, 2021 and submit the compliance report to the NMC by 30th June, 2023.
Environment (Protection) Third Amendment Rules, 2023
The Amendment Rules aim to minimize environmental pollution and promote sustainable practices within the CPC industry. They set out more stringent standards for the operation of Calcined Petroleum Coke (CPC) units.
MCA introduces Changes in Filing Requirements in Companies (Accounts) Second Amendment Rules, 2023
Under the Companies (Accounts) Rules, 2014, a new provision has been inserted requiring companies to file Form CSR-2 separately for the financial year 2022-2023. This filing must be completed on or before the 31st of March, 2024.
Central Government to extend Aadhaar Based Payment Bridge System to MGNREGA
The Ministry of Rural Development has issued a press information bulletin on the extension of Aadhaar Based Payment Bridge System (ABPS) to Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). This press information bulletin was issued on 3rd June, 2023. The Central Government has observed that in many cases due to frequent changes in Bank […]
SEBI 3rd Amendment to Listing Obligation and Disclosure Requirements
The 3rd Amendment to SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 [‘SEBI LODR’] was notified on 08th October 2020 after decisions were taken in the SEBI Board Meeting held on 29 September 2020. Now listed entities can have 100% asset cover as per terms of offer document so long as it is sufficient to discharge principal amount. Exemption to Regulated entity from maintaining asset cover has been removed. In addition, one more disclosure is now mandatorily to be made to Debenture Trustees.
Lok Sabha has passed the Companies Amendment Bill, 2020
The Lok Sabha on 19 September 2020 passed the Companies Amendment Bill, 2020 which seeks to amend several provisions of the Companies Act, 2013. The Bills, based on the recommendations of the Company Law Committee and internal review by the Government, proposed to amend various provisions of the Act to decriminalise minor procedural or technical lapses under the provisions of the said Act, into civil wrong; and considering the overall pendency of the courts, a principle based approach has been adopted to further remove criminality in case of defaults, which can be determined objectively and which otherwise lack any element of fraud or do not involve larger public interest. In addition, the Government
also proposes to provide greater ease of living to corporates through certain other amendments to the Act.
RBI extends Regulatory Benefits under special liquidity facility for mutual funds Scheme.
The Reserve Bank of India in its press release dated 30th April 2020 has extended regulatory benefits to all banks which extend loans or meet the liquidity needs of Mutual funds under special liquidity facility for mutual funds (SLF-MF).
NSE extends the time limit for the submission of quarterly compliance certificates.
In view of the situation arising due to COVID-19 pandemic and extended lockdown period, the due date to submit Quarterly Compliance Certificate for the quarter ended March 2020, has been extended till May 31, 2020.
NSE extends the Annual listing fee due date for the FY 21.
The National Stock Exchange has issued a Circular on 30th April 2020 providing extension in Timeline Towards Payment of FY 21 Annual Listing Fees in wake of COVID 19 Pandemic.
