Ayushi J & Associates

Ayushi J & Associates Practicing Company Secretary

AJ ICSI Update - 20-Feb-23Aim: Smooth transition from V2 to V3 MCA PortalResult/Impact: "the ICSI has set-up 3 separate ...
20/02/2023

AJ ICSI Update - 20-Feb-23

Aim: Smooth transition from V2 to V3 MCA Portal

Result/Impact: "the ICSI has set-up 3 separate helplines as follows:
1. Incorporation Issues - https://bluejeans.com/815328258/8182
2. Login and DSC Issues - https://bluejeans.com/227306907/6992
3. Other Company Forms - https://bluejeans.com/579582220/8129
These helplines would be available for the stakeholders from 11 am to 5 pm during all working days."

Full update: http://ayushij.com/2023/02/icsi-sets-up-helpline-for-issues-on-mca-v3-portal/

Aim: Smooth transition from V2 to V3 MCA Portal Result/Impact: the ICSI has set-up 3 separate helplines as follows:1. Incorporation Issues – https://bluejeans.com/815328258/81822. Login and DSC Issues – https://bluejeans.com/227306907/69923. Other Company Forms – https://bluejeans.com/57958222...

AJ ICSI Update 1 - 13-Feb-23Aim: Ease of doing businessResult/Impact: ICSI requested MCA to address and resolve practica...
13/02/2023

AJ ICSI Update 1 - 13-Feb-23

Aim: Ease of doing business

Result/Impact: ICSI requested MCA to address and resolve practical dificulties faced in filing various forms, registering DSC on new portal, login & profile upate, affixing DSC faced in MCA-21 V3 portal.

Full update: http://ayushij.com/2023/02/icsi-requests-mca-to-resolve-issues-in-mca-21-v3-platform-faced-by-stakeholders/

Aim: Ease of doing business Result/Impact: ICSI requested MCA to address and resolve practical dificulties faced in filing various forms, registering DSC on new portal, login & profile upate, affixing DSC faced in MCA-21 V3 portal. Source: ICSI representation letter dated February 10, 2023 Posted in...

AJ BSE Update 1: Feb 9, 2023Aim: To ensure effective enforcement of the Listing Regulations w.r.t. maintaining a functi...
09/02/2023

AJ BSE Update 1: Feb 9, 2023

Aim: To ensure effective enforcement of the Listing Regulations w.r.t. maintaining a functional website containing basic information about the Company

Result/Impact: All listed entities are directed to ensure filing of the URLs of the information required under Regulation 46 & 62 of Listing Regulations by February 20, 2023 on following links:
(a) Equity listed Companies
Submission of information / disclosure: Listing Center > Listing Compliance > Corporate Announcement> compliances> Reg.46 website Link
(b) Debt/CP listed Companies
Submission of information / disclosure: Listing Center > Listing Compliance > Corporate Announcement> compliances> Reg. 62 website Link

For more details: http://ayushij.com/2023/02/bse-released-new-module-for-filing-of-website-links-on-bse-listing-centre/

Applicability: All Listed Companies Aim: To ensure effective enforcement of the Listing Regulations w.r.t. maintaining a functional website containing basic information about the Company Result/Impact: All listed entities are directed to ensure filing of the URLs of the information required under Re...

AJ MCA Update 1 - 13-Jun-22Result/Impact: "Rule 6(5) has been inserted to allow restoration of name on payment of Rs. 1,...
13/06/2022

AJ MCA Update 1 - 13-Jun-22

Result/Impact: "Rule 6(5) has been inserted to allow restoration of name on payment of Rs. 1,000/- subject to (fees paid by him at the time of initial registration shall continue to be valid for the period for which the same was initially paid):
a. name to be shown in separate restored category for one year from restoration date
b. need to pass online proficiency test within that one year

If he fails to pass the test within one year of restoration, his name shall be removed from the data bank and he shall be required to apply afresh for inclusion of name in databank."

Full update: http://ayushij.com/2022/06/mca-specifies-process-for-restoration-of-name-of-independent-directors-in-iica-databank/

Result/Impact: Rule 6(5) has been inserted to allow restoration of name on payment of Rs. 1,000/- subject to (fees paid by him at the time of initial registration shall continue to be valid for the period for which the same was initially paid):a. name to be shown in separate restored category for on...

AJ BSE Update - 09-Jun-22Aim: Strict adherence to filing the disclosures at various stages of Corporate Insolvency Resol...
09/06/2022

AJ BSE Update - 09-Jun-22

Aim: Strict adherence to filing the disclosures at various stages of Corporate Insolvency Resolution Process (CIRP) in the designated subject through BSE listing centre.

Result/Impact: BSE prescribes path of BSE Listing Centre for submission of intimations w.r.t
1. Commencement of CIRP
2. Approval of Resolution Plan
3. Withdrawal of CIRP
4. All other intimations w.r.t. CIRP (as per the provisions of schedule III Part A of SEBI (LODR) Regulations, 2015)
5. Resolution plan/ Restructuring in relation to loans/borrowings from banks/FIs including Signing of Inter Creditors Agreement (ICA) by lenders

For path and other details - http://ayushij.com/2022/06/guidance-note-for-filing-intimations-w-r-t-insolvency-and-bankruptcy-code-ibc-inter-creditors-agreement-ica/

Applicability: All Listed Companies / Interim Resolution Professionals (IRP)/ Resolution Professionals (RP) (Segment- Equity) Aim: Strict adherence to filing the disclosures at various stages of Corporate Insolvency Resolution Process (CIRP) in the designated subject through BSE listing centre Resul...

AJ SEBI Update 1 - 04-Jun-22Aim: To protect the interests of investors in securities and to promote the development of, ...
04/06/2022

AJ SEBI Update 1 - 04-Jun-22

Aim: To protect the interests of investors in securities and to promote the development of, and to regulate the securities market

Result/Impact: 1. The time period for availing the arbitration mechanism of stock exchange for settlement of complaints (for any dispute between the trading member and the client relating to or arising out of the transactions in Stock Exchange, which is of civil nature), in case the complainant is not satisfied with the recommendation of Investor Grievance Redressal Mechanism (IGRC), has been reduced from 6 to 3 months; and
2. Limitation act has been made applicable in case arbitration application has been received without going through the IGRC mechanism.

For detailed update: http://ayushij.com/2022/06/sebi-modifies-investor-grievance-redressal-mechanism-for-dispute-between-trading-member-and-clients/

Aim: To protect the interests of investors in securities and to promote the development of, and to regulate the securities market. Result/Impact: SEBI has prescribed the investor grievance redressal mechanism in its circular dated 06 Nov, 2020, in furtherence to the same, SEBI has specified followin...

AJ MCA Update 2 - 03-Jun-22Aim: Monitoring of adherence of FEMA (Non-debt instruments) Rules, 2019 by MCAResult/Impact: ...
03/06/2022

AJ MCA Update 2 - 03-Jun-22

Aim: Monitoring of adherence of FEMA (Non-debt instruments) Rules, 2019 by MCA

Result/Impact: "1. MCA has specified requirement of availing approval of Ministry of Home Affairs for any person who belong to country which shares land border with India and wants to get:
a. appointed as director in Indian Company
b. Director Identification Number in India
2. Approval to be attached with consent for appointment as director / DIR-3, as the case may be
3. Relevant disclosures statements have been added in DIR-2 & DIR-3 to identify whether the proposed director required to obtain the security clearance from Ministry of Home Affairs, Government of India"

For more details: http://ayushij.com/2022/06/mca-specifies-approval-from-mha-for-appointing-any-person-as-director-who-belongs-to-country-which-shares-land-border-with-india/

Aim: Monitoring of adherence of FEMA (Non-debt instruments) Rules, 2019 by MCA Result/Impact: 1. MCA has specified requirement of availing approval of Ministry of Home Affairs for any person who belong to country which shares land border with India and wants to get:a. appointed as director in Indian...

AJ MCA Update 1 - 03-Jun-22Aim: Monitoring of adherence of FEMA (Non-debt instruments) Rules, 2019 by body corporate inc...
03/06/2022

AJ MCA Update 1 - 03-Jun-22

Aim: Monitoring of adherence of FEMA (Non-debt instruments) Rules, 2019 by body corporate incorporated in a country which shares land border with India

Result/Impact: "In rule 25A, after sub-rule (3) has been inserted which specifies additional documents to be submitted with merger and amalgamation application with NCLT:
a. Declaration (Form CAA.16) specifying whether RBI prior approval was required for any body corporate under merger under the Foreign Exchange Management (Non-Debt Instruments) Rules, (applicable - if body corporate is incorporated in a country which shares land border with India), and .........

Detailed update: http://ayushij.com/2022/06/mca-specifies-an-additional-declaration-in-case-of-merger-demerger/

Aim: Monitoring of adherence of FEMA (Non-debt instruments) Rules, 2019 by body corporate incorporated in a country which shares land border with India Result/Impact: In rule 25A, after sub-rule (3) has been inserted which specifies additional documents to be submitted with merger and amalgamation a...

AJ SEBI Update 1 - 01-Jun-22Aim: To protect the interests of investors in securities and to promote the development of a...
01/06/2022

AJ SEBI Update 1 - 01-Jun-22

Aim: To protect the interests of investors in securities and to promote the development of and to regulate the securities market

Result/Impact: "Regulation 40 of SEBI LODR 2015 & regulations of the stock exchanges provide for dispute resolution under the stock exchange arbitration mechanism for disputes between a listed company and its shareholder(s)/ investor(s).
SEBI in consultation with STXs and RTAs, has come up with Standard Operating Procedure for operationalizing the resolution all disputes pertaining to investor services........

Read full update: http://ayushij.com/2022/06/sebi-prescribed-sop-for-dispute-resolution-under-the-stock-exchange-arbitration-mechanism-as-mentioned-in-regulation-40-of-sebi-lodr-2015/

Applicability: Listed Companies orRTAs where they are offering services to shareholder(s)/ investor(s) on behalf of listed companies (listed company shall necessarily be added as a party) Aim: To protect the interests of investors in securities and to promote the development of and to regulate the s...

AJ MCA Update 1 - 01-Jun-22Aim: In view of transition from version-2 to version-3 of MCA & to promote complianceResult/I...
01/06/2022

AJ MCA Update 1 - 01-Jun-22

Aim: In view of transition from version-2 to version-3 of MCA & to promote compliance

Result/Impact: It has been decided to allow LLPs to file various event-based LLPs e-Forms, due dates of which are falling between February 25, 2022 and May 31, 2022, without paying additional fees up to June 30, 2022.

For full update: http://ayushij.com/2022/06/relaxation-in-paying-additional-fees-in-filing-all-event-based-e-forms-by-llps-upto-30-june-2022/

Aim: In view of transition from version-2 to version-3 of MCA & to promote compliance Result/Impact: It has been decided to allow LLPs to file various event based LLPs e-Forms, due dates of which are falling between February 25, 2022 and May 31, 2022, without paying additional fees up to June 30, 20...

Address

Delhi
110034

Opening Hours

Monday 10am - 6:30pm
Tuesday 10am - 6:30pm
Wednesday 10am - 6:30pm
Thursday 10am - 6:30pm
Friday 10am - 6:30pm
Saturday 10am - 6:30pm

Telephone

+19312499298

Website

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