19/04/2024 Summary of the IBBI Circular dated 18/04/2024. This circular is integrated in our free-to-use website ca2013.com. IBBI withdraws clarification w.r.t. payment of liquidators' fees IBBI vide its circular dated 28th September 2023 had issued a clarification w.r.t. the liquidators’ fee under Regulation 4(2)(b) of IBBI (Liquidation Process) Regulations, 2016. The clarification provided therein for [...]
28/03/2024 Summary of the NSE Circular dated 27/03/2024. This circular is integrated in our free-to-use website ca2013.com. Intimation of changes in the Corporate Grouping of Listed Companies through NEAPS application NSE vide this circular introduces an online module to facilitate the listed companies, which were required to file the intimation of any change of its [...]
19/03/2024 Summary of the ICSI Announcement dated 13/02/2024. This announcement is integrated in our free-to-use website ca2013.com. Revision in Secretarial Standard-1 ("SS-1") and Secretarial Standard-2 ("SS-2") w.e.f. 1st April, 2024 The key highlights of the amendments in SS-1 are as follows: 1. Under the applicability clause of SS-1, the exemption to a Section 8 Company and [...]
23/02/2024 Summary of the IBBI Circulars dated 22/02/2024. These circulars are integrated in our free-to-use website ca2013.com. Deposit and withdrawal of unclaimed dividends and / or undistributed proceeds during the Corporate liquidation process. The circular has listed the following details to be submitted by the Liquidator, through Form-I, to process the request received from a [...]
20/02/2024 Summary of the MCA Circular dated 19/02/2024. Introduction of Change Request Form (CRF) on MCA-21 The MCA has made available a web-based, Change Request Form (CRF) on its V3 portal for requesting any changes to the Registrar of Companies (RoCs) like the Master Data correction and to comply with certain directions of Courts/Tribunals, [...]
16/02/2024 Summary of the MCA Notification and IBBI Notification dated 14/02/2024 and 15/02/2024 respectively. These notifications are integrated in our free-to-use website ca2013.com. 1. Introduction of a Central Processing Centre by the Ministry of Corporate Affairs This notification has introduced a Central Processing Centre vide Companies (Registration Offices and Fees) Amendment Rules, 2024 w.e.f. 16th February 2024. Certain [...]
14/02/2024 Summary of the IBBI Circulars dated 13/02/2024. These circulars are integrated in our free-to-use website ca2013.com. 1. Reporting / Sharing of information in the Voluntary Liquidation process of Financial Service Provider. As the definition of ‘corporate person’ excludes financial service provider (“FSP”), the Insolvency and Bankruptcy (Insolvency and Liquidation Proceedings of Financial Service Providers [...]
13/02/2024 Summary of the IBBI Notification dated 12/02/2024. This notification is integrated in our free-to-use website ca2013.com. Insolvency and Bankruptcy Board of India (“IBBI”) notifies the Insolvency and Bankruptcy Board of India (Liquidation Process) (Amendment) Regulations (“Regulations”), 2024 The key highlights of the amendments are as follows: Following powers can be exercised by the liquidator [...]
05/02/2024 Summary of the IBBI Notifications dated 31/01/2024. These notifications are integrated in our free-to-use website ca2013.com. Insolvency and Bankruptcy Board of India (“IBBI”) notifies the Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) (Amendment) Regulations (“Regulations”), 2024 The key highlights of the amendment regulations are as follows: As per Regulation 3 of the [...]
31/01/2024 Summary of the BSE and NSE Circular dated 30/01/2024. These circulars are integrated in our free-to-use website ca2013.com. Applicability of the framework to restrict the Designated Persons (“DPs”) from trading by freezing PAN at security level to all BSE, NSE and MSEI listed companies w.e.f. April 1, 2024 With reference to the SEBI circular dated [...]