A brief history of corporate governance over the last five hundred years can be concisely encapsulated in three key developments: independent directors as the epitome of fiduciary responsibilities, disclose or abstain principle to eradicate insider trading, and dishonesty being filtered out through stringent approval processes and disclosures of related party [...]
November 02, 2021 Summary of the Circular issued by BSE on 01/11/2021 Standard Operating Procedure (SOP)for the listed entities in filing application for Scheme of Arrangements under LODR Regulations, 2015 BSE has issued Standard Operating Procedure (SOP) to be followed by the entities listed with it in filing application for Scheme of Arrangements under [...]
October 29, 2021 Summary of the circulars issued by MCA on 29/10/2021 No additional fee payable for filing of e-forms relating to Annual Return and Financial Statements for the FY 2020-21 upto 31st December, 2021 MCA has waived off the additional fee payable on e-Forms AOC-4/AOC-4 (CFS)/AOC-4 XBRL and MGT-7/MGT-7A for the FY 2020-21 upto 31/12/2021. (Read [...]
October 28, 2021 Summary of the Circular issued by MCA on 26/10/2021 No additional fee payable for delayed filing of Form 8 by Limited Liability Partnerships(LLPs) upto 30th December, 2021 LLP Act requires LLPs to file Form 8 (the Statement of Account and Solvency) within 30 days from the end of the six months [...]
October 20, 2021 Summary of the Notice issued by BSE on 19/10/2021 Deferment from Sept 2021 to December 2021 in the applicability of XBRL based filing of Related Party Transactions (RPTs) for BSE Listed Banking Companies BSE vide its circular dated 06/09/2021 required listed companies to file RPT only in XBRL mode from the half [...]
October 19, 2021 Summary of the Circular issued by SEBI on 18/10/2021 SEBI advises Registrar and Share Transfer Agents (RTAs) of Listed Companies to transmit securities to joint holders on demise of one or more joint holder(s) SEBI observed that due to counterclaim / dispute from the legal representative of one of the [...]
It would not be wrong to say it is raining IPOs. Not just in India, but globally too, IPOs are at a record level, both in terms of numbers and value. Globally 2021 has seen 739 IPOs, which is almost ten times its number in 2009, the year that saw [...]
October 18, 2021 Summary of the Circular issued by SEBI on 14/10/2021 Revised Formats for Limited Review/ Audit Report for issuers of nonconvertible securities under LODR Regulations Further to recent LODR amendment on 07/09/2021 requiring entities with listed non-convertible securities to disclose financial results on a quarterly basis, and to file half-yearly statement of [...]
October 06, 2021Summary of the circular issued by SEBI on 05/10/2021 Revised formats for filing of financial information by entities with listed non-convertible securities under Listing Regulations Further to recent LODR amendment on 07/09/2021 requiring entities with listed non-convertible securities to disclose financial results on a quarterly basis, and to file half-yearly statement of assets & liabilities [...]
October 04, 2021 Summary of the notice issued by BSE on 01/10/2021 Formats for Corporate Governance Disclosures by High value debt listed entities under Listing Regulations Further to recent LODR amendment on 07/09/2021 defining 'High Value Debt Listed Entities' and notifying the applicability of specific provisions relating to Corporate Governance to such entities, BSE [...]