ESG Framework in India and Its Challenges
We have always come across investors who are concerned about profits and dividends, but new age investors expect something more from the corporates i.e., they want to know the source of the profits as well. Hence, we are witnessing a sharp rise in ESG space, globally. ESG stands for Environmental, Social, and Governance. ESG investing is also […]
MCA amends the Companies (Appointment and Qualification of Directors) Rules, 2014
MCA vide its notification dated June 10, 2022 amends the Companies (Appointment and Qualification of Directors) Rules, 2014 and called it the Companies (Appointment and Qualification of Directors) Second Amendment, Rules, 2022. In the Companies (Appointment and Qualification of Directors) Rules, 2014, in rule 6, after sub-rule (4), the following sub-rule is inserted: “(5) Any individual whose […]
MCA amend the Companies (Removal of Names of Companies from the Register of Companies) Rules, 2014
MCA vide its notification dated June 09, 2022 made amendment in Companies (Removal of Names of Companies from the Register of Companies) Rules, 2014 and called the Companies (Removal of Names of Companies from the Register of Companies) Amendment Rules, 2022:
MCA amends the Companies (Appointment and Qualification of Directors) Rules, 2014 in case of an individual who is a national of a country that shares a land border with India
MCA vide its notification dated June 01, 2022 amends the Companies (Appointment and Qualification of Directors) Rules, 2014, and called it the Companies (Appointment and Qualification of Directors) Amendment Rules, 2022, which mandated an individual who is a national of a country that shares a land border with India, to seek security clearance from the Ministry of […]
MCA amends the Companies (Accounts) Rules, 2014
MCA vide its notification dated May 31, 2022 amends the Companies (Accounts) Rules, 2014 and called it the Companies (Accounts) Third Amendment Rules, 2022. In the Companies (Accounts) Rules, 2014, in rule 12, in sub-rule (1B):
MCA amends Companies (Compromises, Arrangements and Amalgamations) Rules, 2016 in case of merger or demerger between an Indian company and a company or a body corporate incorporated in a country sharing a land border with India
MCA vide its notification dated May 30, 2022 amends the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016 (“the said rules”) and called it the Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2022:
SEBI extends the relaxation from compliance with certain provisions of the SEBI (Listing Obligations and Disclosure Requirements) (“LODR”) Regulations, 2015
SEBI vide its circular dated May 13, 2022, issued in exercise of the powers conferred under Section 11(1) of the Securities and Exchange Board of India Act, 1992 read with Regulation 101 of the LODR Regulations, which:
Subsequent to this, MCA vide its notification dated May 05, 2022 bearing no G.S.R. 338(E) amended the following
MCA issues clarification of holding of Annual General Meeting (AGM) through Video Conference (VC) or Other Audio Visual Means (OAVM)-reg.
Ministry of Corporate Affairs (“MCA”) amends Companies (Share Capital and Debentures) Rules, 2014 to modify the format of Form SH – 4 (the Share Transfer Form).
MCA vide its notification dated May 04, 2022 bearing no: G.S.R. 335(E), issued an amendment in Companies (Share Capital and Debentures) Rules, 2014 for insertion of a declaration to be furnished while filing Form SH-4 in terms of whether there is a requirement of government approval by transferee under Foreign Exchange Management Act, 1999 (“FEMA”) before the […]