Spice FAQs

1. How many names can be applied for in SPICe (INC-32)? Only one. However, for reservation of a name prior to filing SPICe (INC-32), you may use INC-1 (in which up to 6 names can be proposed) and then input the SRN of approved INC-1 into SPICe. 2. What is the mode of grievance redressal?… Read More

Reference to Circular no. FITTC/FII/02/2002 dated May 15, 2002- In regard to credit of proceeds due to write off of securities held by Foreign Portfolio Investors/deemed Foreign Portfolio Investors.

CIRCULAR IMD/HO/FPIC/CIR/P/ 2017/ 001 January 02, 2017 To, All Designated Depository Participants ("DDPs")/ Custodian of Securities All Foreign Portfolio Investors through their designated Custodians of Securities Sir / Madam, Subject : Reference to Circular no. FITTC/FII/02/2002 dated May 15, 2002- In regard to credit of proceeds due to write off of securities held by Foreign… Read More

Companies (Incorporation) 5th amendment rules 2016 dated 29.12.2016

The Ministry of Corporate Affairs has issued 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 (Incorporation) Rules, 2014, namely: Please click on the below link to download the rules: Companies (Incorporation) 5th amendment… Read More

FAQs On SPICe

1. How many names can be applied for in SPICe (INC-32)? Only one. However, for reservation of a name prior to filing SPICe (INC-32), you may use INC-1 (in which up to 6 names can be proposed) and then input the SRN of approved INC-1 into SPICe. 2. What is the mode of grievance redressal?… Read More

Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances

RBI/2016-17/198 DBR.No.BP.BC.49/21.04.048/2016-17 December 28, 2016 All Regulated Entities Madam / Dear Sir, Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances Please refer to circular DBR.No.BP.BC.37/21.04.048/2016-17 dated November 21, 2016. 2. On a review, it has been decided to: (i) Provide 30 days, in addition to the 60 days provided vide the… Read More

Sanction of Additional Working Capital Limits to Micro and Small Enterprises (MSEs)

RBI/2016-17/200 FIDD.MSME & NFS.BC.No.20/06.02.31/2016-17 December 29, 2016 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir / Madam, Sanction of Additional Working Capital Limits to Micro and Small Enterprises (MSEs) Please refer to our circular FIDD.MSME & NFS.BC.No.60/06.02.31/2015-16 dated August 27, 2015 on ‘Streamlining flow of credit to Micro and Small Enterprises (MSEs) for… Read More

Introduction of Interest Rate Options in India

RBI/2016-17/199 FMRD.DIRD.12/14.01.011/2016-17 December 29, 2016 To All eligible market participants Dear Sir/Madam Introduction of Interest Rate Options in India As announced in the fourth bi-monthly Monetary Policy Statement 2016-17, it has been decided to introduce Interest Rate Options in India. 2. The Reserve Bank of India has accordingly issued a Notification No. FMRD.DIRD. 11/2016 dated… Read More

Continuous disclosures and compliances by REITs

CIR/IMD/DF/146/2016 December 29, 2016 To All Real Estate Investment Trusts (REITs) All Parties to REITs All Stock Exchanges Dear Sir / Madam, Sub: Continuous disclosures and compliances by REITs 1. Regulation 23 of the SEBI (Real Estate Investment Trusts) Regulations, 2014 (‘the REIT Regulations’) prescribe disclosures to be made by a REIT to the Stock… Read More

New Fast Track Exit scheme under Companies Act, 2013 notified

MCA has notified Sections 248, Section 249, Section 250, Section 251 and Section 252 of the Companies Act, 2013 and also notified Companies (Removal of names of companies from the Register of Companies) Rules 2016 in respect of the new Fast Track Exit scheme under Companies Act, 2013. Please click on the below link to download… Read More

Removal of names of companies from the Register of Companies- clarification regarding availability of Form STK on MCA-21 portal

General Circular No. 16/2016 F.No. 1/28/2013-CL.V Government of India Ministry of Corporate Affairs 5th floor, 'A' wing, Shastri Bhavan, Dr. R.P. Road New Delhi - 110001 Dated 26th December, 2016 To All Regional Directors, All Registrar of Companies, All Stakeholders. Subject : Removal of names of companies from the Register of Companies- clarification regarding availability… Read More

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