Company Law - Corporate Law Reporter

Companies (Management and Administration) Second Amendment Rules, 2015

Government of India Ministry of Corporate Affairs Notification New Delhi, 24th September, 2015 G.S.R. (E).-In exercise of the powers conferred by sections 88, 89,91,92, 93,94, 101, 105, 108, 109, 110, 115, 117, 118, 119, 120 and 121 read with sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central… Read More

Format for compliance report on Corporate Governance to be submitted to Stock Exchange (s) by Listed Entities

CIRCULAR CIR/CFD/CMD/ 5 /2015 September 24, 2015 To All… Read More

MCA to make Annual filing forms available w.e.f. 25th September, 2015

The Ministry of Corporate Affairs has issued a General notice dated 24th September, 2015 for the introduction of New forms AOC-4(Non-XBRL), MGT-7, ADT-2 & SH-9 is being made available w.e.f 25th September 2015 along with C&I Validation tool beta version. You are requested to plan accordingly. New Versions of forms CRA-4 and CHG-4 are also likely… Read More

Sebi directs Mutual Funds to improve monthly disclosure standards

The Securities and Exchange Board of India (Sebi) has directed mutual fund houses to standardise their fact sheets or the monthly information documents sent to unit holders. The move is aimed at bringing about more transparency and uniformity and helping investors take more informed investment decisions. Asset management companies (AMCs) will have to provide information… Read More

ICSI President says Companies Act, 2013 to get fully implemented by March, 2016

The president of the Institute of Company Secretaries of India, Atul H Mehta, said in a conference in Jamshedpur organiesed by ICSI on ' Critical Aspects of Companies Act, 2013' that the Act would likely be implemented fully by March, 2016. Currently the act was implemented partially and the unimplemented sections related to the National… Read More

Sebi seeks greater NBFC disclosure

The Securities and Exchange Board of India (Sebi) has asked non-banking financial companies (NBFCs) to issue detailed disclosures while launching a public offer of debt securities to raise funds. The norms, which will be applicable to draft offer documents to be filed on or after November 1, have been finalised on the basis of feedback… Read More

SEBI (Share Based Employee Benefits) (Amendment) Regulations, 2015

THE GAZETTE OF INDIA EXTRAORDINARY PART III SECTION 4 PUBLISHED BY AUTHORITY NEW DELHI, SEPTEMBER 18, 2015 SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 18th September, 2015 SECURITIES AND EXCHANGE BOARD OF INDIA (SHARE BASED EMPLOYEE BENEFITS) (AMENDMENT) REGULATIONS, 2015 No.SEBI/LAD-NRO/GN/2015-16/021.”€In exercise of the powers conferred by sections 11, 11A and 30 of… Read More

Extension for a period of one month for the High Level Committee on CSR

CLR Notes Extension for a period of one month for the High Level Committee on CSR The Ministry of Corporate Affairs has issued a circular no. 13/2015 dated 16th September, 2015 to provide extension of time by one month for the High Level Committee to submit its report on the Corporate Social Responsibility which has… Read More

Revised Disclosure formats under SEBI (Prohibition of Insider Trading), Regulations 2015

Securities and Exchange Board of India CIR/ISD/02/2015 … Read More

Disclosures to be made by NBFCs, in the offer documents for public issue of debt securities under the SEBI (Issue and Listing of Debt Securities) Regulations, 2008

Securities and Exchange Board of India CIRCULAR CIR/IMD/DF/6/2015 … Read More

Companies (Acceptance of Deposits) Second Amendment Rules, 2015

Government of lndia Ministry of Corporate Affairs Notification New Delhi dated, 15th September, 2015 G.S.R. - (E). - In exercise o{ the powers conferred by sections 73 and 76 read with subsection (1) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend… Read More

MCA releases XBRL taxonomy for filing financial statements and Cost Audit Report under CA 2013

The Ministry of Corporate Affairs has issued a notification no. G.S.R.(E) dated 9th September, 2015 w.r.t Companies (Filing of documents and forms in XBRL) Rules, 2015 which shall come into force form the date of publication in the official gazette. The financial statements in Form AOC-4 and the cost audit report in Form CRA-4 are… Read More

Sebi notifies norm for anchor investors in public offers

An anchor investor in market parlance refers to a qualified institutional buyer (QIB) making an application for a value of Rs 10 crore or more through the book-building process. With an aim to boost fund raising through primary markets, capital markets regulator Sebi has notified relaxed norms for public offers by removing restriction on maximum number of… Read More