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February, 2022 - MMJC
February 28, 2022
MMJC Insights dated 28 February 2022
This issue of MMJC insights dated 28 February 2022 covers the following: MCA Applies certain section of Co.’s Act to LLP – Compliance set to get stricter for LLPs!!! Can interest be clubbed with the principal amount to be as part of the Operational Debt to arrive at the minimum threshold? SEBI Overhauls Preferential allotment
February 20, 2022
The Chamber of Tax Consultants – February 2022
This covers the following cases: Independent Directors held liable for excessively relying on whole time directors and not having independent checks – Final Order of the Whole Time Member in the matter of Coral Hub Ltd Whether an authority to appoint nominee director and the power of affirmative vote make the creditor a related party?
February 18, 2022
MMJC Insights dated 18 February 2022
This issue of MMJC insights dated 18 February 2022 covers the following: Report on Corporate Social Responsibility in e-form CSR-2. Critical Aspects Post Merger/Amalgamations under the Companies Act, 2013 An important case in which the court has highlighted that the interest of shareholders is of utmost importance and that exemptions granted by way of notification
February 17, 2022
SEBI Board makes separation of Chairperson, MD/CEO roles voluntary not mandatory; cites lack of compliance
The opinion of our partner – Mr. Makarand Joshi about SEBI’s decision w.r.t. separation of position was covered in Money Control, Business World, Live Mint, Economic Times, Financial Express & Aisa Pacific. The existing corporate governance framework is very strong and day by day enforcement is also becoming stronger. Hence, the separation of MD and Chairman
February 7, 2022
MMJC Insights dated 7 February, 2022
This issue of MMJC insights dated 7 Feb, 2022 covers the following: Amendment to Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (LODR) Regulations, 2015. SEBI Circular on issuance of Securities in Demat form while processing investor service requests Applicability of formats for filing of Corporate Governance reports by High Value Debt
February 3, 2022
The Chamber of Tax Consultants – January 2022
This covers the following cases: An interesting case in which Independent Directors penalised for not being vigilant members of audit committee and board. Change in the secured creditors does not lead to a change in the scheme of the company and that if the company application has been made prior to such change the NCLT
February 3, 2022
The Evolving ESG Reporting Landscape
Recently, Prime Minister Shri Narendra Modi, in his address at the COP26 global climate summit in Glasgow, shared India’s commitment to climate change mitigation and its transition to a net-zero economy by 2070. It is expected that India will put climate change at the center of decisions while outlining any regulatory policies. Businesses need to prepare