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
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
This issue of MMJC insights dated 15 Jan, 2022 covers the following: MCA Recent amendment on Higher Additional Fees for delayed filings of Form PAS-3 and INC-22. SEBI Circular dated 29 Dec, 2021 on Non-compliance with provisions relating to continuous disclosures SEBI circular dated 03 Jan,2022 on Scheme of Arrangement by Listed Entities An
Background Section 403 deals with the filing fees to be paid on any document required to be submitted, filed, registered, or recorded under the Companies Act, 2013 (‘the Act’). Before Companies (Amendment) Act, 2017 (CAA, 2017), proviso to Section 403 mentioned that after the time specified in the relevant section under the Act for filing
This issue of MMJC insights dated 30 Dec, 2021 covers the following: Whether the Bank can be considered as a ‘Financial Creditor’ on account of its housing loans to the allottees who have purchased Flats/units in the Real Estate Project. An interesting case of Zee Entertainment Enterprises Ltd on violation of sec 203 and compliance
The term Key Managerial Personnel (KMP) is defined under the Companies Act, 2013 (the Act), SEBI Listing Obligations and Disclosure Regulations (LODR), and under the SEBI Issue of Capital and Disclosure Regulations (ICDR). The term KMP under the Act and the SEBI LODR covers Managing Director (MD), Chief Executive Officer (CEO), Whole-time Director (WTD), Chief
This issue of MMJC insights covers the following: Minimum review items while approving Related Party Transactions Non-compliance with provisions of SEBI – ICDR Regulations Is KMP defined under Materiality Policy? Book Debt V. Loan – in context of Sec. 185 – How to decide Whether a transaction is a loan or not?” Holding of General
Unpublished Price Sensitive Information (‘UPSI’) means any information, relating to a company or its securities, directly or indirectly, that is not generally available which upon becoming generally available, is likely to materially affect the price of the securities and shall, ordinarily including but not restricted to (i) financial results; (ii) dividends; (iii) change in capital
This issue of MMJC insights covers the following: Changing Face of Related Party Transactions Common and Simplified Norms for processing investor’s service request by RTAs and norms for furnishing PAN, KYC details and Nomination MCA simplifies Claim Settlement process – IEPF The Commissioner of Central Taxes Goods & Service Tax (Appellant) Vs. C.S. Ashish Singh
Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Fourth and Fifth Amendments) Regulations, 2021 dated August 13, 2021 and September 7, 2021 SEBI vide its amendment notifications dt: August 13, 2021 and dt: September 7, 2021 amended mainly Chapter V and various other provisions of Securities and Exchange Board of India (Listing