Company Law - Corporate Law Reporter

Date Extended for XBRL reporting of Balance Sheet and Profit and Loss Account

General Circular No: 39/2012 No. 17/161/2012-CL-V Government of India Ministry of Corporate Affairs 5th Floor, "A" Wing, Shastri Bhawan, Dr. R.P. Road, New Delhi - 110001 Dated 12.12.2012 All the Regional Directors, All the Registrar of Companies. Sub: Filing of Balance Sheet and Profit and Loss Account in eXtensible Business Reporting Language (XBRL) mode for… Read More

Rajiv Gandhi Equity Savings Scheme, 2012

CIRCULAR NO. MRD/DP/32/2012, DATED 6-12-2012 1. As announced in the Union Budget 2012-13, the Finance Act 2012 has introduced a new section 80CCG on 'Deduction in respect of investment made under an equity savings scheme' to give tax benefits to new investors who invest up to Rs. 50,000 and whose gross total annual income is less… Read More

SEBI | Inventory Management for Market Makers of SME Exchange / Platform

Securities and Exchange Board of India CIRCULAR C I R / M R D / D S A / 3 1 / 2 0 1 2 November 27, 2012 To The Managing Director/Executive Director of all Stock Exchanges, Clearing Houses/Corporations Dear Sir / Madam, Sub: Inventory Management for Market Makers of SME Exchange / Platform… Read More

SEBI | Review of the Securities Lending and Borrowing (SLB) Framework

Securities and Exchange Board of India CIRCULAR CIR/MRD/DP/ 30 /2012 November 22, 2012 To All Stock Exchanges and Depositories Dear Sir / Madam, Sub: Review of the Securities Lending and Borrowing (SLB) Framework 1. The framework for SLB was specified vide circular no. MRD/DoP/SE/Dep/Cir-14 /2007 dated December 20, 2007 and operationalised with effect from April 21,… Read More

SEBI | Mini derivative (Futures & Options) contract on Index (Sensex & Nifty)

Securities and Exchange Board of India Page 1 of 1 CIRCULAR CIR/DRMNP/4/2012 November 20, 2012 Managing Director/ Chief Executive Officer Recognized Stock Exchanges Dear Sir, Sub: Mini derivative (Futures & Options) contract on Index (Sensex & Nifty) 1. SEBI vide Circular No. SEBI/DNPD/Cir-33/2007 dated December 27, 2007 had permitted Stock Exchanges to introduce mini derivative… Read More

SEBI | Amendments to SEBI (Mutual Funds) Regulations, 1996

Securities and Exchange Board of India CIRCULAR CIR/IMD/DF/24/2012 November 19, 2012 All Mutual Funds/Asset Management Companies (AMCs)/ Trustee Companies/Boards of Trustees of Mutual Funds Sir/ Madam, Subject: Circular on Mutual Funds A. Amendments to SEBI (Mutual Funds) Regulations, 1996 1. Please find enclosed a copy of the gazette notification No. LAD-NRO/GN/2012-13/17/21502 dated September 26, 2012… Read More

SEBI | Participation of mutual funds in Credit Default Swaps (CDS) Market as Users (“Protection Buyers”) and in repo, in corporate debt securities

Securities and Exchange Board of India CIRCULAR CIR/IMD/DF/23/2012 November 15, 2012 All Mutual Funds/Asset Management Companies (AMCs)/ Trustee Companies/Boards of Trustees of Mutual Funds Sir/ Madam, Subject: Participation of mutual funds in Credit Default Swaps (CDS) Market as Users (Protection Buyers) and in repo, in corporate debt securities A. CDS mutual funds as users (protection buyers)… Read More

SEBI | Arbitration Mechanism in Stock Exchanges

Securities and Exchange Board of India CIRCULAR CIR/MRD/ICC/ 29 /2012 November 7, 2012 The Managing Director/Executive Director, All Stock Exchanges. Dear Madam/Sir, Subject: Arbitration Mechanism in Stock Exchanges 1. Reference may be made to circular no. CIR/MRD/DSA/29/2010 dated August 31,2010. In this regard, SEBI has received inputs regarding amount to be deposited by the investors… Read More

SEBI | Establishment of Connectivity with both depositories NSDL and CDSL Companies eligible for shifting from Trade for Trade Settlement (TFTS) to normal Rolling Settlement

CIR/MRD/DP/ 28 /2012 November 02, 2012 To, All Stock Exchanges Dear Sir / Madam, Sub: Establishment of Connectivity with both depositories NSDL and CDSL Companies eligible for shifting from Trade for Trade Settlement (TFTS) to normal Rolling Settlement It is observed from the information provided by the depositories that the companies listed in Annexure ˜A™… Read More

SEBI | Change of Name in the Beneficial Owner (BO) Account

Securities and Exchange Board of India CIRCULAR CIR/MRD/DP/ 27 /2012 November 01, 2012 To, The Depositories, Dear Sir / Madam, Sub: Change of Name in the Beneficial Owner (BO) Account 1. In order to simplify the procedure of change of name in individual Beneficial Owner™s (BO) account, it has been decided that an individual BO… Read More

General Order – SEBI (Framework For Rejection Of Draft Offer Documents) Order, 2012

Page 1 of 1 Securities and Exchange Board of India CIRCULAR CIR/CFD/DIL/15/2012 October 15, 2012 To All Registered Merchant Bankers Dear Madam / Sir, Sub.: General Order - SEBI (Framework For Rejection Of Draft Offer Documents) Order, 2012 1. SEBI has, vide General Order dated October 9, 2012, notified framework for rejection of draft offer… Read More

MCA-Extends the due date for filing of Non XBRL-Form 23AC and Form 23ACA upto 24-11-2012

Due date of filing of e-forms 23AC (Non-XBRL) and 23ACA (Non XBRL) as per new schedule VI (applicable for the accounting year commencing on or after 1.4.2011 ) has been extended upto 24.11.2012 for Companies holding AGM or whose due date for holding AGM is on or after 21.09.2012. Such companies can now file these e Forms without any… Read More

MCA-Examination of Balance Sheets by Registrars of Companies

General Circular No. 37/2012, Dated : November 06, 2012 To All Regional Directors, All Registrars of Companies Subject : Examination of Balance Sheets by RoCs It is considered expedient to issue the following circular for general information. 2. Every company registered under the provisions of the Companies Act, 1956 is required to file its balance… Read More