Newsletter - MMJC - Page 16

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

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

Unpublished Price Sensitive Information (‘UPSI’) means any information, relating to a company or its securities, directly or indirectly, that is not generally available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

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

What is the exact nature or business model of a Neo Bank is a question in the minds of many stakeholders. A Neo-bank is an online service provided by Fintech firms by partnering with traditional banks. Let us try and understand whether a Neo-bank will fall under the E-Commerce Sector of NDI Rules. What is

Recently, the Government has opened up the Telecom Sector for Foreign Direct Investment (FDI) under 100% Automatic route. Internet services can be provided by Internet Service providers (through cables) or satellites. Whether satellite-based internet service providers are covered under telecom sector which is allowed to bring in 100% FDI? We will discuss this at length.

The Supreme Court of India had been extending the limitation period by passing various interim orders and has now finally decided to put an end to this keeping in mind the improved situation of COVID-19 in the country. Considering the reduction in the prevalence of COVID-19 virus and normalcy being restored Supreme Court of India

SEBI has vide its amendment notification dt: September 7, 2021 has amended the SEBI LODR Chapter IV and Chapter V. We would first understand the amendment under Chapter IV of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation 2015 [‘LODR 2015’] and its implications Chapter IV of LODR 2015 is now

The Drone business is a much talked about business in terms of regulatory funding, restrictions and otherwise. Also, our Honorable Prime Minister is expecting India to be a global drone hub by 2030 and that drone application will be ensured in transportation, logistics, defence, mining, infrastructure sectors, and more. Obviously for achieving this, Foreign Direct

Background ‘Corporate’ is a concept of the modern world that has separate legal entity. Corporates are allowed to undertake business activities, earn profits, and are required to pay taxes also like any other citizen. As responsible citizens, corporates are also expected to meet their obligations towards society and the environment. Corporate Social Responsibility (‘CSR’) is