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Knowledge Hub - MMJC - Page 21
October 25, 2023
REVISION IN THE FRAMEWORK FOR FUND RAISING BY ISSUANCE OF DEBT SECURITIES BY LARGE CORPORATES (‘LC’s’)
Regulation 50B of SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021 (‘NCS Regulations’) read with Chapter XII of the NCS Master Circular dt: July 7, 2023 [‘NCS Master Circular’] on ‘Fundraising by issuance of debt securities by large corporates’ (‘LC Chapter’), inter-alia, mandates LCs to raise a minimum 25% of their incremental borrowings in
October 15, 2023
MMJC Insights 15 October, 2023
The MMJC insights dated 15 October 2023 cover news updates/amendments for the month of October and the following articles: Ensuring Official Acknowledgement for Registered Office Address Compliance. From CSR (Corporate Social Responsibility) to BSR (Beneficiary Social Responsibility): Beneficiaries – the driving force behind the success of CSR SEBI Circular on Board Nomination Rights to unitholders
September 30, 2023
MMJC Insights 30 Sept, 2023
The MMJC insights dated 30 Sept, 2023 cover the following: The Evolution of Virtual Meetings and the Road to Regulatory Reform Catalyzing Growth: The Imperative for Tailored Legal Frameworks for FPCs Unravelling the Ambiguities of the Digital Personal Data Protection Act, 2023: A Legal Perspective Listing of subsequent Non-Convertible Debt Securities Consultation Paper SEBI –
September 30, 2023
CTC Publication – September
September edition of the Chamber of Tax publication covers the following: ROC Adjudication Order – In the matter of Sushruta Medical Aid and Research Hospital Limited – Registrar of Companies, Bangalore dated 7 February 2023. ROC Adjudication Order – In the matter of Lululemon Services Private Limited – Registrar of Companies, Bangalore dated 22 February
September 11, 2023
MMJC Insights 10 Sept, 2023
The MMJC insights dated 10 Sept, 2023 cover the following: Compliance Calendar for the month of September The regulatory updates issued in the month of August Articles: Section 179(3) vs Section 186(5) of the Companies Act, 2013 – Whether the board can delegate power to the committee for sanctioning investment in body corporate? LLP Amnesty
September 11, 2023
Can Limited Liability Partnership be considered Subsidiary of a Company?
Separate entities formed by an apex company (holding company) can be in the form of companies or partnership firm or limited liability partnership (LLP) or any other form, depending on the nature of business of the organization. Due to flexibility in operations and movement of funds, LLP is a preferred option by many corporates. Many
September 11, 2023
Unravelling the Ambiguities of the Digital Personal Data Protection Act, 2023: A Legal Perspective
Introduction: In an era where data drives our digital existence, the need for robust data protection legislation is more pressing than ever before. With the attempt to do justice to Article 21 of the Indian Constitution, Section 43A of the Information Technology Act, 2000 stands repealed and the Digital Personal Data Protection Act, 2023 (“Act“) seeks
September 9, 2023
ESG: From Challenges to Opportunities – A journey or roadmap towards ESG transformation!
Introduction Environmental, Social, and Governance (ESG) principles have gained significant traction in the corporate world, representing a fundamental shift towards more sustainable and socially responsible business practices. ESG factors evaluate a company’s impact on the environment, its commitment to social responsibility, and its governance practices. While ESG offers numerous benefits, it is not without its
August 31, 2023
CTC Journal – August 23
The CTC Journal for the August, 23 consists of the following: Adjudication order by the ROC – Delhi & Haryana dated 27 June 2023, for noncompliance of Section 149(8) in the matter of PTC India Financial Services Limited In the matter of Jaiprakash Associates (Appellant) vs. Neena Somani (Respondent). NCLAT New Delhi, order dated 9
August 25, 2023
MMJC Insights
This issue of MMJC insights covers the following: CSR: Compassionate Sustenance and Responsibility – Assessing Needs for abetter tomorrow. Tech-CSR: Where Innovation complements Responsibilities From Corporate Responsibility to classroom readiness: How CSR helps build a better future Are Start-Up Companies and Small Companies subject to lesser Penalties? Fair Practices Code: Safeguarding Stakeholder Interests in NBFCs