News And Updates


SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) (SECOND AMENDMENT) REGULATIONS, 2016

SEBI UPDATE

SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) (SECOND AMENDMENT) REGULATIONS, 2016

In exercise of the powers conferred under section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992) read with section 13(8) and section 27(2) of the Companies Act, 2013, SEBI has...Continue Reading


Version of Form 8 - LLP

Version of Form 8 LLP (Statement of Account and Solvency) is likely to be modified w.e.f 13th Feb, 2016. Stakeholders are requested to plan accordingly


Ease of doing business - Business Identification Number (BIN) for Companies

To improve ease of doing business, the government will soon introduce Business Identification Number (BIN) for companies, doing away with multiple registration numbers a single entity needs to obtain for various regulatory purposes. 

The BIN would act as an identification number for different regulatory purposes and do away with the need for procuring separate registration...Continue Reading


Amendment to SEBI (Mutual Funds) Regulations, 1996

Securities and Exchange Board of India vide its Notification No. SEBI/LAD-NRO/GN/2015-16/034 dated 12th February, 2016 made amendment in Mutual Fund Regulations wherein a mutual fund scheme shall not invest more than 10% of its NAV in debt instruments comprising money market instruments and non-money market instruments issued by a single issuer which are rated not below investment grade...Continue Reading


Regulatory relaxations for start-ups- Clarifications relating to acceptance of payments

A.P. (DIR Series) Circular No. 51

Attention of Authorised Dealer Category - I (AD Category-I) banks is invited to the Foreign Exchange Management (Foreign currency accounts by a person resident in India) Regulations, 2000, notified by the Reserve Bank vide Notification No. FEMA. 10 (R) /2015-RB dated January 21, 2016, as amended from time to time.

2. Pursuant to...Continue Reading


Regulatory Relaxations for Startups- Clarifications relating to Issue of Shares

A.P. (DIR Series) Circular No. 52

Attention of Authorised Dealer Category - I (AD Category-I) banks is invited to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000, notified by the Reserve Bank vide Notification No. FEMA. 20/2000-RB dated 3rd May 2000, as amended from time to time.

2. Pursuant to paragraph 14...Continue Reading


Interest Equalisation Scheme on Pre and Post Shipment Rupee Export Credit

The Government of India has announced the Interest Equalisation Scheme on Pre and Post Shipment Rupee Export Credit to eligible exporters. The scheme is effective from April 1, 2015. The details of the scheme are enclosed.

2. Accordingly, scheduled Urban Cooperative Banks holding AD Category I licences are eligible under the Scheme and are advised to adhere to the following...Continue Reading


Notice inviting Comments on the Revised Schedule III to the Companies Act, 2013

Ministry of Corporate Affairs have invited suggestions / comments on the Revised Schedule III to the Companies Act, 2013 for a Company whose Financial Statement are drawn up in Compliance of Companies (Indian Accounting Standards) Rules, 2015 and as amended from time to time.

Suggestions / comments on above mentioned draft along with justification in brief may be sent...Continue Reading


Notice Inviting Comments on the draft Companies (Auditor's Report) Order, 2016

The Ministry of Corporate Affairs have invited comments / suggestions on the draft Companies (Auditor's Report) Order, 2016

Suggestions/comments on above mentioned draft along with justification in brief may be sent latest by 23rd February, 2016 through email at caro@mca.gov.in.

The name, telephone number and address of the sender should be indicated clearly at the time...Continue Reading


Guidance on submission of comments on the Companies Law Committee report

The Companies Law Committee as part of its deliberations had invited public comments on the issues faced by stakeholders after implementation of the provisions of Companies Act, 2013. The Committee, following a due process, has in a comprehensive manner considered the more than 2000 suggestions which were received by it. Based on the deliberations, decisions have been enumerated in...Continue Reading