IBBI issues circular on Voting in the Committee of Creditors

Insolvency and Bankruptcy Board of India 7 th Floor, Mayur Bhawan, Connaught Place, New Delhi-110001 CIRCULAR No. IBBI/CIRP/018/2018 14 th September, 2018 To All Registered Insolvency Professionals All Recognised Insolvency Professional Entities All Registered Insolvency Professional Agencies (By mail to registered email addresses and on website of the IBBI) Dear Madam / Sir, Sub: Voting… Read More

Employment & Workplace – Legal Issues Masterclass

Dear Professional Colleague, Greetings from eMinds Legal ! We are writing to you today to invite you for an upcoming full day seminar on Employment & Workplace - Legal Issues Masterclass being organised by CorpKonnect in association with eMinds Legal, a boutique Corporate Law Firm. 27th September: Bangalore (The Grand Magrath)  & Chennai (Clarion Hotel President) 28th September: Gurgaon (Hotel Radisson) & Mumbai (Hotel Kohinoor… Read More

MCA notifies Companies (Appointment and Remuneration of Managerial Personnel) Amendment Rules, 2018

Government of India Ministry of Corporate Affairs NOTIFICATION New Delhi, 12th September, 2018 G.S.R. .-In exercise of the powers conferred by sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Appointment and Remuneration of Managerial Personnel)… Read More

MCA amends Schedule V of the Companies Act 2013

Government of India MINISTRY OF CORPORATE AFFAIRS Notification New Delhi, 12th September,2018 S.O. ......(E).-ln exercise of the powers conferred by sub-sections (1) and (2) of section 467 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following amendments to amend Schedule V of the said Act, namely:- 2. In Schedule… Read More

Issue of securities in dematerialised form by unlisted public companies

Government of India Ministry of Corporate Affairs Notification New Delhi, dated the 10th September,2018 G.S.R. _ (E).- In exercise of the powers conferred by clause (b) of sub-section (1) of section 29 read with sub-sections (1) and (2) of section 469 of the Companies Act 2013 (18 of 2013), the Central Government hereby makes the… Read More

MCA issues clarification in filing BEN-1 under Companies Act, 2013

General Circular No. 08/2018 F.No.01/01/2018-CL-V GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS 5th Floor, 'A' Wing Shastri Bhawan, Dr. R.P. Road. New Delhi Dated: 10.09.2018 To, All Regional Directors, All Registrar of Companies, All Stakeholders. Subject: Clarification in filing BEN -1 under the Companies Act, 2013-Regarding Sir, In continuation of General Circular No. 07/2018 dated… Read More

MCA defers deadline on BEN-1 form for Significant Beneficial Ownership

Vide General Circular No. 07/2018 dated 06.09.2018, the Ministry of Corporate Affairs (MCA) had indefinitely deferred filing of form BEN-2  i.e. the return of Significant Beneficial Ownership by the Companies. Since then, MCA  has received from stakeholders expressing certain difficulties in filing a declaration in Form No. BEN-1 in respect of Companies (Significant Beneficial Owners) Rules,… Read More

SEBI releases master circular on Commodity Derivatives Market

Securities and Exchange Board of India MASTER CIRCULAR CDMRD/DMP/CIR/P/2018/126 September07, 2018 To, All Stock Exchanges and Clearing Corporation with Commodity Derivatives Trading Dear Sir / Madam, Sub: Master Circular for Commodity Derivatives Market 1. Securities and Excha nge Board of India (SEBI) has been issuing various circulars/directions from time to time for commodity derivatives market.… Read More

RBI amends Note Refund Rules, 2009

RBI/2018-19/46 DCM (NE) No.657/08.07.18/2018-19 September 7, 2018 The Chairman and Managing Director / The Managing Director/ The Chief Executive Officer All Banks Madam / Dear Sir, Amendments to Reserve Bank of India (Note Refund) Rules, 2009 Please refer to the Reserve Bank of India (Note Refund) Rules, 2009 wherein all branches of banks have been delegated powers… Read More

MCA extends last date for filing Form BEN-2 under Companies Act, 2013

General Circular No. 07/2018 F.No.0l /01/2018-CL-V GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS 5th Floor, 'A' Wing Shastri Bhawan, Dr. R.P. Road. New Delhi Dated: 6th Sept 2018 To, All Regional Directors, All Registrars of Cornpanies, All Stakeholders. Subject: Relaxation of additional fees and extension of last date of filing of Form BEN-2 under the Companies… Read More

IBBI issues circular on Compliance of regulation 13 (2) of IBBI (IP) Regulation 2016

Insolvency and Bankruptcy Board of India 7 th Floor, Mayur Bhawan, Connaught Place, New Delhi-110001 CIRCULAR No. IBBI/IPE/017/2018 31st August, 2018 To All Recognised Insolvency Professional Entities All Registered Insolvency Professionals Subject: Compliance of regulation 13 (2) of the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016. Dear Madam / Sir, An insolvency… Read More

MCA extends date for inviting comments on National Voluntary Guidelines till 10th September 2018

The Ministry of Corporate Affairs (MCA) issued the National Voluntary Guidelines on Social, Environmental & Economic Responsibilities of Business (NVGs) in July 2011 with a view to provide a clear, broad-based framework for carrying out responsible business and be accountable to all its stakeholders. The NVGs were developed based on India’s socio-cultural context and priorities… Read More

SEBI extends trading hours of Securities Lending and Borrowing Segment

CIRCULAR SEBI/CIR/MRD/DoP-1/P/125/2018 August 24, 2018 All recognized Stock Exchanges and recognized Clearing Corporations (except those in International Financial Services Centre) Depositories Dear Sir/Madam, Sub: Extension of Trading hours of Securities Lending and Borrowing (SLB) Segment 1. With a view to facilitate physical settlement of equity derivatives contracts, it has been decided to permit Stock Exchanges… Read More

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