August, 2024 - MMJC

The Securities and Exchange Board of India (SEBI) issued a Consultation Paper (‘CP’) on August 22, 2024 seeking public comments on the clarification of the term “pecuniary relationship” in the context of eligibility of a DT to provide DT services. Background Under Regulation 13A of the DT Regulations an entity cannot be appointed as a DT if: a). Regulation 13A:

Consultation Paper on measures towards Ease of Doing Business and streamlining compliance requirements for Non- Convertible securities – review of LODR Regulations Background Hon’ble Finance Minister in her consecutive budget speeches had proposed to increase depth of debt market and had also asked all regulators to bring in ease of doing business though consultative approach.

Consultation  paper  on proposal to Replace ‘Consent Letter’ with ‘Debenture Trustee Agreement’ under the NCS Regulations, 2021 The Securities and Exchange Board of India (‘SEBI’), through its consultation paper dated August 17, 2024, has proposed an amendment to the Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021 (‘NCS Regulations’).

Securities Exchange Board of India (‘SEBI’) vide its circular dtd August 5,2024 has come up with Consultation Paper proposing to streamline and reduce timelines of bonus issue enabling T+2 trading of shares post record date (T Day). Existing provision: Presently, as per regulation 295(1) of SEBI (Issue of Capital and disclosure requirement) (‘ICDR’) regulation 2018

Introduction: One among the multiple objectives of adopting technology by Ministry of Corporate Affairs (MCA) is, to reduce human intervention in the process and make it smoother and more efficient. One step taken in this regard by MCA is introduction of CPACE for processing the strike off applications of the companies. MCA has now given

Introduction: One important tool for Government of India in bringing ease of doing business is leveraging technology. Government of India has been working hard to bring in technology to reduce human intervention and speed up processes that are vital for smooth functioning of businesses. One such initiative was introduction of e-adjudication mechanism for adjudicating cases