For the registration of existing Independent Directors in the IICA databank the due date has been further extended for two months i.e. June...
Further Extension of time limit for Independent Director Registration in the IICA Databank
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Updates
100% FDI allowed under automatic route for Insurance Intermediaries
Key highlights of the amendments are as follows: 100% FDI under automatic route is allowed to intermediaries or insurance intermediaries,...
Extension in the validity of reserved names and re-submission of forms
The validity of reserved names in case of proposed Companies/LLP’s and existing companies/LLP’s (in case of name change) expiring during...
Relaxations from certain provisions of the SEBI (ICDR) Regulations, 2018 in respect of entities who propose to list specified securities
Extension in the validity of the time period by 6 months, from the date of expiry of the SEBI Observations where the same have expired/will...
Relaxations from certain provisions of the SEBI (ICDR) Regulations, 2018 in respect of Rights Issue
SEBI has provided one-time relaxation in the eligibility conditions related to Fast Track Rights Issues: 1. The minimum period of listing, no...
Holding of annual general meetings by companies whose financial year has ended on December 31, 2019
As a preventive measure against COVID -19, these companies may hold their AGM within a period of nine months from the closure of FY i.e. by...
Exclusion of period of lockdown for timelines imposed under IBBI Regulations
IBBI has inserted a regulation 47A for Exclusion of period of lockdown, in which the period of lockdown imposed by CG due to COVID-19...
SEBI (LODR) Reg. 2015 – Additional relaxations/clarifications due to COVID-19 pandemic
In addition to the relaxations provided by SEBI vide its circular dated March 19, 2020, and March 26, 2020, SEBI has decided to provide...
Review of FDI policy for curbing opportunistic takeovers/acquisitions of Indian companies due to the current COVID-19 pandemic
Govt. of India has revised the FDI policy, where a non-resident entity or the beneficial owner of an investment, situated in or is a citizen...
Discontinuation of Form CAR towards COVID-19
Web Service “Company Affirmation of Readiness towards COVID-19” has been discontinued w.e.f. April 14, 2020. Effective date: April 14,...