Media - MMJC

Capital markets regulator SEBI has approved norms to enable faster rights issue along with the flexibility of allotment to specific investors and giving an investment opportunity to existing shareholders. Under the new norms, the rights issue should be completed in 23 working days from the date of issuer’s Board meeting approving rights issue, as against

The Securities and Exchange Board of India (SEBI) has introduced new rules aimed at simplifying the process of applying for public issues of debt securities. From November 1, individual investors applying through intermediaries for amounts up to ₹5 lakh will be required to use the Unified Payments Interface (UPI) for fund blocking. This decision is

The Securities and Exchange Board of India (SEBI) said the new investment product will be introduced under the existing mutual funds framework, after a meeting of its board in Mumbai. The new asset class will offer flexibility in portfolio construction. Makarand M. Joshi, founder MMJC & Associates, a corporate compliance firm, said Sebi’s decision to

Union Budget 2024: Even as the Union Budget 2024-25 announced a slew of measures aimed at boosting micro, small and medium enterprises, it gave a miss to an expected review of the new rule that mandates payments to these businesses within 45 days of receiving the good or service. “It is a welcome move for

Corporate Affairs Ministry (MCA) has streamlined reporting of payments or transfer of securities under the Investor Education and Protection Fund Authority (IEPFA) administered framework, improving the overall filing experience for companies.  Makarand M Joshi, Founder,  MMJC and Associates – a corporate compliance firm ,said that the IEPF forms have now been aligned with the prevailing legal

In a big relief to professional directors who switch organizations mid-year or businesses that undergo global restructuring, the Ministry of Corporate Affairs (MCA) has allowed the KYC form to be filed multiple times for any change in email ID or mobile number throughout the year, through its latest notification.MCA’s notification dated July 16 said, “….if