Companies (Appointment and Qualification of Directors) Third Amendment Rules, 2018

  GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, 12th June, 2018 G.S.R-(E).- In exercise of the powers conferred by section 149 and 168 of read with 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… Read More

Govt. notifies Central Goods and Services Tax (Fifth Amendment) Rules, 2018

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION New Delhi, the 13th June, 2018 No. 26/2018–Central Tax G.S.R. 549(E).—In exercise of the powers conferred by section 164 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government hereby makes the following rules further to… Read More

Securities Exchange Board of India amends its Regulations

SEBI amends the following list of Regulations for the month of May:- Securities and Exchange Board of India (Mutual Funds) (Second Amendment) Regulations, 2018 Securities and Exchange Board of India (Bankers to an Issue)(Amendment) Regulations 2018 Securities and Exchange Board of India (Registrars to an Issue and Share Transfer Agent)(Amendment) Regulations 2018 Securities and Exchange… Read More

SEBI constitutes Group to review Institutional Trading Platform (ITP) framework to facilitate the listing of start ups

SECURITIES EXCHANGE BOARD OF INDIA CIRCULAR Jun 12, 2018 PR No.: 17/2018 SEBI has constituted a group to look into the existing Institutional Trading Platform (ITP) framework and suggest measures to facilitate listing of startups. SEBI had put in place the ITP framework in 2015 with a view to facilitating listing of new age companies in… Read More

SEBI issues Registrars to an Issue and Share Transfer Agents Second Amendment Regulations, 2018

SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 8th June, 2018 (REGISTRARS TO AN ISSUE AND SHARE TRANSFER AGENTS) (SECOND AMENDMENT) REGULATIONS, 2018 No. SEBI/LAD-NRO/GN/2018/25.—In exercise of the powers conferred by section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the following regulations to… Read More

IBBI issues circular on fees and expenses incurred for Insolvency Resolution Process

Insolvency and Bankruptcy Board of India 7th Floor, Mayur Bhawan, Connaught Place, New Delhi-110001 CIRCULAR No. IBBI/IP/013/2018 12th June, 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: Fee and other… Read More

MCA issues clarification on Section 135(5) of Companies Act, 2013

General Circular No. 06/2018 F. No. 08/05/2018-CSR Governement of India Ministry of Corporate Affairs   5th Floor, 'A' Wing , Shastri Bhawan, Dr. R.P. Road , New Delhi-110001 Dated: 28.05.2018 Subject: Clarification  with regard to provisions under section  135(5) of the Companies Act, 2013 Sir, I am directed to  say that concerns have been raised … Read More

RBI revises Bank rate Monetary Policy Statement 2018-19 to 6.50 percent

RBI/2017-18/185 DBR.No.Ret.BC.107/12.01.001/2017-18 June 06, 2018 The Chairperson / CEOs of all Scheduled and Non Scheduled Banks Dear Sir / Madam, Change in Bank Rate Please refer to our circular DBR.No.Ret.BC.82/12.01.001/2017-18 dated August 02, 2017 on the captioned subject. 2. As announced in the Second Bi-Monthly Monetary Policy Statement 2018-19 dated June 06, 2018, the Bank Rate stands adjusted… Read More

Govt. notifies Rate of Exchange of different Foreign Currencies to Indian Currency

Ministry of Finance 07 JUN 2018 In exercise of the powers conferred by Section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the Notification of the Central Board of Indirect Taxes and Customs(CBIC) No.43/2018-CUSTOMS (N.T.), dated 17thMay, 2018 except as respects things done or omitted to be done before such… Read More

RBI releases operational guidlines for payment of interest to DEA fund

RBI/2017-2018/191 DBR.DEA Fund Cell.BCNo.110/30.01.002/2017-18 June 07, 2018 The Managing Director & CEO/ Chief Executive Officers All Scheduled Commercial Banks (including RRBs) Local Area Banks (LABs) Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks Small Finance Banks/Payment Banks Dear Sir/Madam, Banking Regulation Act, 1949 – Section 26A Depositor Education and Awareness Fund… Read More

External Commercial Borrowings (ECBs) – Monthly reporting through ECB 2 Return

RBI/2017-18/193 A. P. (DIR Series) Circular No. 29 June 7, 2018 To All Category I Authorised Dealer Banks Madam / Dear Sir External Commercial Borrowings (ECBs) – Monthly reporting through ECB 2 Return Attention of Authorized Dealer Category I (AD Category I) banks is invited to Annex III of Part V of Master Direction No.18/2015-16 dated… Read More

Foreign Investment in India -Reporting in Single Master Form

RBI/2017-18/194 A.P (DIR Series) Circular No.30 June 07, 2018 To All Category – I Authorised Dealer Banks Madam/Sir Foreign Investment in India -Reporting in Single Master Form As announced in the First Bi-monthly Monetary Policy Review dated April 5, 2018, Reserve Bank, with the objective of integrating the extant reporting structures of various types of foreign… Read More

SEBI(Listing Obligations and Disclosure Requirements) (Fourth Amendment) Regulations, 2018

SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 8th of June, 2018 SECURITIES AND EXCHANGE BOARD OF INDIA (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) (FOURTH AMENDMENT) REGULATIONS, 2018 No. SEBI/LAD-NRO/GN/2018/24. ─ In exercise of the powers conferred by section 11, sub-section (2) of section 11A and section 30 of the Securities and Exchange Board of… Read More

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