D.P. Yadav & Associates

25/02/2022

The Limited Liability Partnership (Amendment) Act, 2021
Commencement of the Amendment Act
The Amendment Act is set to come into force on the date appointed by the Central Government in the Official Gazette. Different dates may be appointed for the enforcement of different provisions of the Amendment Act.

Key Highlights of the Amendment Act
Introduction of small limited liability partnerships ('Small LLP')
The Amendment Act has introduced the concept of Small LLP which is aimed to be in line with the concept of small companies under the Companies Act, 2013.

The Amendment Act has defined Small LLP as a limited liability partnership:
the contribution of which is up to INR 2,500,000 (Rupees twenty five lakhs) or such other amount as may be prescribed, not exceeding INR 5,00,00,000 (Rupees five crore); and
turnover of which is up to INR 40,00,000 (Rupees forty lakhs) or such other amount as may be prescribed, not exceeding INR 500,000,000 (Rupees fifty crore), for the preceding financial year.
Introduction of start – up liability partnerships (Start-up LLP')
The Amendment Act has recognised the concept of start-up LLP. The Central Government has been afforded the power recognise certain LLPs as start-up LLPs.

Penalties for Small LLPs and Start up LLPs
Pursuant to the Amendment Act, Small LLPs and start up LLPs will have an advantage over other LLPs when facing penalties in event of default.
The Amendment Act provides that the penalty payable for non-compliance of the LLP Act by a Small LLP or a Start-Up LLP or by its partner or designated partner shall be one-half of the penalty specified, subject to a maximum of INR 1,00,000 (Rupees one lakh) for limited liability partnership and INR 50,000 (Rupees fifty thousand) for every partner or designated partner or any other person, as the case may be.

Modification to the meaning of partner resident in India
In terms of the LLP Act, every LLP is required to have at least 2 (two) designated partners, out of which at least 1 (one) has to be a resident of India. The LLP Act previously defined the term resident of India as a person who has stayed in India for 182 (one hundred and eighty-two) days during the immediately preceding 1 (one) year.
Pursuant to the Amendment Act, a person who has lived in India for not less than 120 (one hundred and twenty) days during the financial year is also entitled to become a designated partner of an LLP.
Offences under the LLP Act
The Amendment Act has decriminalised various offences. This implies that violations of certain provisions under the LLP Act shall not lead to criminal consequences, but will entail monetary penalty. This includes provisions such as:
(a) Changes in partners of LLP;

(b) Change of Registered Office;

(c) Filing of Statement of account and solvency;

(d) Arrangement between LLP and its creditors or partners; and

(e) Reconstruction or amalgamation of an LLP.

The term for imprisonment in case of fraud by an LLP has been increased from 2 (two) years to 5 (five) years. The LLP and its partners will face imprisonment if they carry out an activity to defraud their creditors or for any other fraudulent purpose.
The Amendment Act has reduced the quantum of general penalty from INR 5,00,000 (Rupees five lakhs) to INR 1,00,000 (Rupees one lakh) for offences where no specific penalty has been laid down.

Other amendments
Power of Central Government to change the name of LLP
Pursuant to the Amendment Act, the Central Government has the power to direct an LLP to change its name, within 3 (three) months, if the same is identical to a trademark or resembles another LLP's name. The Central Government also has the power to allot a new name for the LLP, if it itself fails to do so within 3 (three) months.
Compounding of offences
The Amendment Act has allowed the Regional Director or any other officer not below the rank of a Regional Director, duly authorised by the Central Government, to compound offences under the LLP Act. Further, if an offence by an LLP or its partners is compounded, then a similar offence cannot be compounded for a period of 3 (three) years. It has also been clarified that any second or subsequent offence, shall be deemed to be a first offence if that offence has been committed after the expiry of 3 (three) years from date on which it was previously compounded.
Establishment of special courts and appointment of adjudicating officers
The Amendment Act has provided for the establishment of special courts by the Central Government for speedy adjudication of offences under the LLP Act. It has been clarified that no court, other than the special courts, can take cognizance of any offence that is punishable under the LLP Act and the rules made thereunder except for a complaint made in writing by the Registrar or an officer not below the rank of Registrar.
The Amendment Act has further allowed the Central Government to appoint adjudicating officers, not below the rank of the Registrar for imposition of penalties for any non-compliance or default committed under the relevant provisions of the LLP Act. An appeal against an order of such adjudicating officers can be made to the Regional Director having jurisdiction over such matter.
Appeals
In terms of the Amendment Act, an appeal cannot be made with the National Company Law Appellate Tribunal, against an order of National Company Law Tribunal if such order was passed by the consent of both the parties. Further, the appeal has to be made within 60 (sixty) days from when the copy of the order is made available.
Auditing and Accounting Standards for LLPs
In terms of the Amendment Act, the Central Government has been given the power to prescribe the standards of auditing and accounting, in consultation the National Financial Reporting Authority, and as recommended by the Chartered Accountants of India.

Additional fees
In terms of the Amendment Act, any document or return not filed within the prescribed period can be submitted after the due date by payment of additional fees.

The Limited Liability Partnership (Amendment) Act, 2021
Commencement of the Amendment Act
The Amendment Act is set to come into force on the date appointed by the Central Government in the Official Gazette. Different dates may be appointed for the enforcement of different provisions of the Amendment Act.

Key Highlights of the Amendment Act
Introduction of small limited liability partnerships ('Small LLP')
The Amendment Act has introduced the concept of Small LLP which is aimed to be in line with the concept of small companies under the Companies Act, 2013.

The Amendment Act has defined Small LLP as a limited liability partnership:
the contribution of which is up to INR 2,500,000 (Rupees twenty five lakhs) or such other amount as may be prescribed, not exceeding INR 5,00,00,000 (Rupees five crore); and
turnover of which is up to INR 40,00,000 (Rupees forty lakhs) or such other amount as may be prescribed, not exceeding INR 500,000,000 (Rupees fifty crore), for the preceding financial year.
Introduction of start – up liability partnerships (Start-up LLP')
The Amendment Act has recognised the concept of start-up LLP. The Central Government has been afforded the power recognise certain LLPs as start-up LLPs.

Penalties for Small LLPs and Start up LLPs
Pursuant to the Amendment Act, Small LLPs and start up LLPs will have an advantage over other LLPs when facing penalties in event of default.
The Amendment Act provides that the penalty payable for non-compliance of the LLP Act by a Small LLP or a Start-Up LLP or by its partner or designated partner shall be one-half of the penalty specified, subject to a maximum of INR 1,00,000 (Rupees one lakh) for limited liability partnership and INR 50,000 (Rupees fifty thousand) for every partner or designated partner or any other person, as the case may be.

Modification to the meaning of partner resident in India
In terms of the LLP Act, every LLP is required to have at least 2 (two) designated partners, out of which at least 1 (one) has to be a resident of India. The LLP Act previously defined the term resident of India as a person who has stayed in India for 182 (one hundred and eighty-two) days during the immediately preceding 1 (one) year.
Pursuant to the Amendment Act, a person who has lived in India for not less than 120 (one hundred and twenty) days during the financial year is also entitled to become a designated partner of an LLP.
Offences under the LLP Act
The Amendment Act has decriminalised various offences. This implies that violations of certain provisions under the LLP Act shall not lead to criminal consequences, but will entail monetary penalty. This includes provisions such as:
(a) Changes in partners of LLP;

(b) Change of Registered Office;

(c) Filing of Statement of account and solvency;

(d) Arrangement between LLP and its creditors or partners; and

(e) Reconstruction or amalgamation of an LLP.

The term for imprisonment in case of fraud by an LLP has been increased from 2 (two) years to 5 (five) years. The LLP and its partners will face imprisonment if they carry out an activity to defraud their creditors or for any other fraudulent purpose.
The Amendment Act has reduced the quantum of general penalty from INR 5,00,000 (Rupees five lakhs) to INR 1,00,000 (Rupees one lakh) for offences where no specific penalty has been laid down.

Other amendments
Power of Central Government to change the name of LLP
Pursuant to the Amendment Act, the Central Government has the power to direct an LLP to change its name, within 3 (three) months, if the same is identical to a trademark or resembles another LLP's name. The Central Government also has the power to allot a new name for the LLP, if it itself fails to do so within 3 (three) months.
Compounding of offences
The Amendment Act has allowed the Regional Director or any other officer not below the rank of a Regional Director, duly authorised by the Central Government, to compound offences under the LLP Act. Further, if an offence by an LLP or its partners is compounded, then a similar offence cannot be compounded for a period of 3 (three) years. It has also been clarified that any second or subsequent offence, shall be deemed to be a first offence if that offence has been committed after the expiry of 3 (three) years from date on which it was previously compounded.
Establishment of special courts and appointment of adjudicating officers
The Amendment Act has provided for the establishment of special courts by the Central Government for speedy adjudication of offences under the LLP Act. It has been clarified that no court, other than the special courts, can take cognizance of any offence that is punishable under the LLP Act and the rules made thereunder except for a complaint made in writing by the Registrar or an officer not below the rank of Registrar.
The Amendment Act has further allowed the Central Government to appoint adjudicating officers, not below the rank of the Registrar for imposition of penalties for any non-compliance or default committed under the relevant provisions of the LLP Act. An appeal against an order of such adjudicating officers can be made to the Regional Director having jurisdiction over such matter.
Appeals
In terms of the Amendment Act, an appeal cannot be made with the National Company Law Appellate Tribunal, against an order of National Company Law Tribunal if such order was passed by the consent of both the parties. Further, the appeal has to be made within 60 (sixty) days from when the copy of the order is made available.
Auditing and Accounting Standards for LLPs
In terms of the Amendment Act, the Central Government has been given the power to prescribe the standards of auditing and accounting, in consultation the National Financial Reporting Authority, and as recommended by the Chartered Accountants of India.

Additional fees
In terms of the Amendment Act, any document or return not filed within the prescribed period can be submitted after the due date by payment of additional fees.

15/12/2017

SC Aadhaar hearing LIVE updates: Court sets 31 March deadline for all UID linkages including welfare schemes

15/09/2017

Private Limited Companies need conduct Annual General Meeting upto 30/09/2017 and file its Financial Statements and Annual return up to within 30 days from date of AGM. and LLP's are required to file Form LLP-8 upto 30/10/2017.

COMPLIANCE REQUIRED UNDER ACT AND COMPLIANCE NATURE
FORM TO BE FILED
FINANCIAL YEAR ENDED ON
COMPLIANCE DUE DATE
Financial Statements and Board's Report.
Form – AOC-4
31.03.2017
30th October, 2017
Annual Return as prescribed by Companies Act, 2013
Form – MGT-7
31.03.2017
30th November, 2017
Financial Statement by LLP
Form – 8
31.03.2017
30th October, 2017

11/06/2017

*How GST is going to impact your portfolio- A report by Arpit Bhargava*

http://www.financeminutes.com/gst-impact-on-indian-equity-market/

Many upcoming events have been scheduled to affect the equity market in 2017. Some are smelled, factored, propagated by Investors. One of the biggie is GST

12/04/2017

LLP FILING COMPLIANCES FOR THE YEAR ENDED 31.03.2017
LLP Annual Filing Process
​ ​
for the year 2017
Annual Filing of the LLP For the year 2017 are coming. Now Every LLP which are already registered with the Ministry of Corporate Affairs have to file the Annual Returns and Statement of Accounts for the Financial Year 2017.

So There are 3 Main Compliance which is mandatory things for the LLP's of the Year 2017 -
a) Annual Return
b) Statement of the Accounts or you can say Financial Statements of the LLP
c) Income Tax Returns Filings.

So Now Most of the Entrepreneurs in India or startups are confused that filings of the Annual Returns is mandatory thing even if they are doing the business or not ?
then answer is yes, Every LLP have to maintain the compliance even if they are doing the business or not. the reason is simple you know that you are not doing the business but government of India do'nt know that. so through the annual statements or filings you are giving information to the government about your organisation.

So Let's understand which LLP's have to File the Annual Returns and Income Tax Return for the year 2017

Filing Annual Return:-

Annual Returns or you can say Form 11 is a Summary of LLP's Partners like whether there is any changes in the management of the LLP. Every LLP is required to file Annual Return in Form 11 to the Registrar within 60 days from the closure of financial year i.e the Annual Returns has to be filed on or before 30th May every year. i,e 30-05-2017 is the last date for filing annual Returns this year.

Note -Form 11 or Annual Return is Applicable on those LLP which are registered till the 30-09-2016. if you LLP is registered after the 01-10-2016 then you have to file LLP Annual Returns in the year 2018.

Filing Annual Accounts or Statement of Accounts or P&L and Balance Sheet :

Every LLP or any other legal entity from Solo firm to Private limited company have to prepare their accounts so even you got the information regarding your business that how much profit is earn by your llp. Every llp have to close their accounts till the 31st march 2017 on this year. All LLPs are required to maintain the Books of Accounts in Double Entry System and has to prepare a Statement of Solvency (Accounts) every year ending on 31st March. LLP Form 8 to be filed with the Registrar of LLPs on or before 30th October every year. i.e 30-10-2017 is the last date for filing annual accounts this year.

Note -Form 8 or Annual Statements is Applicable on those LLP which are registered till the 30-09-2016. if your LLP is registered after the 01-10-2016 then you have to file LLP Annual Statements in the year 2018.

Filing Income Tax Returns of the LLP :

Every LLP have to file the Income Tax Returns for the year 2017. In simple words LLP is a separate legal entity so with the partner's income tax return you have to always file the LLP Income tax return is a form where you show your LLP Income and calculate the tax liablity & pay the taxes to government of India.LLP have to calculated their tax liablity from their financial statements for the year 2017.

Mostly Income Tax Return Last date is 31st July 2017 in this year for the Individual and legal entities.

but In case where Audit is required, the last date for filing Income Tax returns is 30th September 2017.
If the LLP has not carried any business during the year ended 31.03.2017, the LLP has to file a NIL IT RETURN with Income Tax Authorities.

Note -Filing of Income Tax Return is Applicable on all the LLP's which are registered till 31.03.2017.

Audit Requirement under LLP Act:

Only those LLP whose annual turnover exceeds Rs. 40 lakhs or whose contribution exceeds Rs. 25 lakhs are required to get their accounts audited by a qualified Chartered Accountant. means your all the statements is certified by the CA.

Audit requirement under Income Tax Act:

Audit of accounts is mandatory requirement under Income Tax Act when the annual turnover of LLP is more than One​ hundred lac ​rupees.
Certifications from PCS:

In case of LLPs with turnover more than five crore rupees in a financial year or contribution more than fifty lakh rupees, the annual return shall be certified by a Company Secretary in Practice.

Summary
The Following are the Returns to be filed by an LLP for the year ended 31.03.2017.
A.
REGISTRAR OF LLP Last date for filing
1. Annual Return (Form 11) 30-05-2017
2. Accounts (Form 8) 30-10-2017

B.
INCOME TAX RETURN
a. In case Audit is not required 31-07-2017
b. In Case Audit is required 30-09-2017

DSC Requirements
While uploading e-forms Digital Signatures of any 2 Designated Partners are required for filings.

Penalty for Non-Filing

If there is delay in filing form no.8 and 11 of LLP, you will have to pay penalty as applicable on today’s date. If filing is not done within stipulated time, there is penalty of Rs. 100 per day till it is complied. You cannot close or wind up your LLP without filing Annual Accounts.

So if you don’t file on time, your LLP turns into unlimited statutory liability till the day it is complied.

The provisions of the Act require LLPs to file the documents like Statement of Account and Solvency (SAS) and Annual Return (AR) ie. Form 8 and Form 11. within the time specifically indicated in relevant provisions.

The LLP Act contains provisions for compounding of offences which are punishable with fine only.
Further, for defaults/non-compliance on procedural matters such as time limits for filing requirements provisions have been made for charging default fees (on daily basis) in a non-discretionary manner.
TO avoid all the dangerous consequences of heavy penalty, it would be advisable to comply on time within stipulated due date of filing.

Importants Points to be remember :-

1. If you are thinking about the Filings yourself then we suggest you must hire a legal professional because during the filings you need a attestation from the professionals and its not easy to file and save your taxes because it's a need planning.

2.I​f you're llp are not doing the business even till the date you are not open a current bank account then must file the NIL Returns else liablity and penalties will arise and in the future you can't close your LLP easily

11/02/2017

खोखा या मुखौटा कंपनियों के खिलाफ सख्ती की तैयारी
Last Updated: Saturday, February 11, 2017 - 12:53
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खोखा या मुखौटा कंपनियों के खिलाफ सख्ती की तैयारी
प्रतीकात्मक तस्वीर

नयी दिल्ली: देश में खोखा या मुखौटा कंपनियों के गोरखधंधे के खिलाफ सख्ती की दिशा में कदम उठाते हुए सरकार ने गड़बड़ी करने वाली ऐसी कंपनियों के खिलाफ कार्रवाई के लिए एक कार्यबल गठित किया है।सरकार ने मनी लॉन्ड्रिंग और कर चोरी करने में लिप्त ऐसी कंपनियों के बैंक खाते जब्त करने और सुप्त कंपनियों का पंजीकरण खत्म करने का भी निर्णय किया है।

इस मुद्दे पर प्रधानमंत्री कार्यालय द्वारा आज की गई एक समीक्षा के बाद गठित कार्यबल में विभिन्न मंत्रालयों और प्रवर्तन एजेंसियों के सदस्य रखे गए हैं। इसका नेतृत्व राजस्व और कारपोरेट मामलों के सचिव करेंगे।

प्रधानमंत्री कार्यालय के एक बयान के अनुसार, ‘देश में करीब 15 लाख कंपनियां पंजीकृत हैं लेकिन इनमें से छह लाख ही अपना वार्षिक जमा कराती हैं। इसका अर्थ है कि इनमें बहुत सी कंपनियां वित्तीय अनियमिताओं में लिप्त हैं।’

कंपनी के मंत्रालय के तहत आने वाले गंभीर धोखाधड़ी जांच कार्यालय (एसएफआईओ) ने 49 खोखा कंपनियों के खिलाफ मामले दायर किए हैं। इन मामलों में 3,900 करोड़ रुपये का कथित रूप से धनशोधन किया गया है। इन मामलों में 559 लोगों ने 54 पेशेवरों की मदद से गड़बड़ियां की।नोटबंदी के बाद खोखा और सुप्त कंपनियों के खाते में 1238 करोड़ रुपये की नकद जमा के संदिग्ध मामले भी सामने आए हैं।

प्रधानमंत्री कार्यालय के बयान के अनुसार, ‘गड़बड़ियों में लिप्त कंपनियों के खिलाफ बेनामी लेन-देन (निरोधक) संशोधित अधिनियम-2016 के तहत सख्त कार्रवाई की जाएगी। ऐसी कंपिनयों के बैंक खाते जब्त किए जाएंगे और सुप्त कंपनियों का पंजीकरण खत्म किया जाएगा।’

संबंधित विनियामक मंत्रालयों को खोखा कंपनियों के कारोबार की फर्जी प्रविष्टियां तैयार करने में सहायक पेशेवरों के खिलाफ अनुशासनात्मक कार्रवाई सुनिश्चित करने को कहा गया है।

बयान के अनुसार प्रधानमंत्री कार्यालय की समीक्षा बैठक में तय किया गया है कि खोखा कंपनियों की पहचान के लिए ‘कुछ संकेतक’ इस्तेमाल किए जाएंगे और ऐसी कंपनियों के निदेशकों का डाटाबेस तैयार किया जाएगा और इसमें विभिन्न एजेंसियों की मदद ली जाएगी। इसमें संबंधित व्यक्तियों की आधार पहचान संख्या का भी डाटाबेस तैयार किया जाएगा। बैठक में खासकर नोटबंदी के बाद कालेधन के खिलाफ अभियान के संदर्भ में खोखा कंपनियों की कारिस्तानी की समीक्षा की गई।

आयकर विभाग भी नियमों में कमी का फायदा उठाकर फर्जी कंपनियों के जरिए कर से बचने वालों के खिलाफ शिकंजा कसने में लगा हुआ है। आयकर विभाग के संज्ञान में आया है कि पिछले साल खोखा कंपनियों ने 80,000 करोड़ रुपये तक का पूंजीगत लाभ पर छूट हासिल की।

इस बार के बजट 2017-18 में एक अक्तूबर 2004 के बाद ऐसी गैर सूचीबद्ध कंपनियों के शेयरों के लेन-देन पर 10 प्रतिशत पूंजीगत लाभ कर लगाने का प्रस्ताव किया गया है जिन्होंने खरीद के समय प्रतिभूति लेन-देन कर (एसटीटी) नहीं दिया होगा।

06/01/2017

Vide the Companies (Incorporation) Amendment Fifth Rules, 2016 dated 29th December 2016, INC-2 is deprecated and INC-7 shall be used for incorporating Part I Companies and companies with more than seven subscribers only. The revised INC-7 shall be made available on the portal for filing purposes w.e.f 15th January 2017. For incorporating OPCs and Companies (with up to seven subscribers), only SPICe (INC-32) should be used henceforth. The filing fee for SPICe has also been reduced from Rs.2000 to Rs.500 and number of resubmissions from three to two.

11/05/2016

ANNUAL FILING WITH REGISTRAR OF LLP

1. Filing of Annual Return

An LLP is required to file the Annual Return with the Registrar of LLP (Form 11) within 60 days of closure of its financial year. An LLP has to close its financial year on every 31st March. So, the Annual Return is to be filed on or before 30th May every year.

Note: if LLP fail to file form-8 in prescribed time, an additional fee of Rs. 100 /- Per day.

2. Filing of Annual Accounts

Every LLP has to maintain books of accounts as per double entry system of accounting and prepare a Statement of Accounts and Solvency (Accounts) every year ending on 31st March. LLP has to file such Accounts to the Registrar of LLP (Form 8) within 30 days from the end of 6 months of such financial year. So, the filing of Accounts is to be filed on or before 30th October every year. In case of an LLP whose annual turnover exceeds Rs.40 lakhs or whose contribution exceeds Rs.25 lakhs, shall be required to get its accounts audited by a qualified Chartered Accountant.

25/03/2016

MCA vide Notification S.O.(E) dated 23.03.2016 , notifies that Central Registration Centre (herein after referred to CRC) established vide notification number. S.O. 218(E) dated 22nd January 2016 shall also exercise functional jurisdiction of processing and disposal of e-forms and all related matters pertaining to registration of companies under section 7, 8 and 366 of the Companies Act, 2013 having territorial jurisdiction all over India.

(1) The CRC shall process forms pertaining to registration of companies i.e. e-forms (INC-2, INC-7 and INC-29 along with linked forms INC-22, DIR-12 and URC-l and any other forms as may be notified by the Central Government) filed along with the prescribed fee as provided in the Companies (Registration of Offices and Fees) Rules,2014.

(2) The jurisdiction, processing and approval of name or names proposed in e-Form number INC-29 hitherto exercised by the respective Registrar of companies having jurisdiction over incorporation of companies under the Companies Act, 2013 and the rules made thereunder shall forthwith be exercised by Registrar, CRC.

(3) The jurisdictional Registrar of companies, other than Registrar CRC, within whose jurisdiction the registered office of the company is situated shall continue to have jurisdiction over the companies incorporated by the Registrar, CRC under the Companies Act, 2013 for all other provisions of the Act and the rules made thereunder, which may be relevant after incorporation.

(4) This notification shall come into force from 28th March, 2016.

16/03/2016

Sub: MANDATORY FILING OF COMPLIANCES / INFORMATION IN ELECTRONIC MODE

This Circular is in continuation to our earlier Circular No. DCS/COMP/20/2015-16 dated November 30, 2015 that was issued pursuant to Regulation 10 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) which reads as follows :-

10. (1) The listed entity shall file the reports, statements, documents, filings and any other information with the recognised stock exchange(s) on the electronic platform as specified by the Board or the recognised stock exchange(s).
(2) The listed entity shall put in place infrastructure as required for compliance with sub-regulation (1).

As stated in the above referred Circular, BSE had provided the Listing Centre (http://listing.bseindia.com) as the “Electronic Platform” for filing all compliances and submissions to be made by the Listed Entities.

It may be noted that BSE has made available the ‘Listing Centre’, anonline web portal to all listed entities for filing their various compliances / submissions with the Exchange. ‘Listing Centre’ provides a single point resource for filing compliances /submissions and tracking past filings as well. It also provides an instant confirmation of the filings done by the Listed Entities.

Listed Entities are hereby informed that with effect from 21st March, 2016, submissions required to be filed in compliance to the below mentioned Regulations of the Listing Regulations shall be accepted only through the Listing Centre:-

1. Compliance Certificate by Share Transfer Agent – Regulation 7(3)
2. Statement of Investor Complaints – Regulation 13(3)
3. Corporate Governance – Regulation 27 (only in XBRL mode)
4. Notice for Board Meeting – Regulation 29
5. Outcome of Board Meeting – Regulation 30
6. Shareholding Pattern – Regulation 31 (only in XBRL mode)
7. Financial Results – Regulation 33
8. Annual Report – Regulation 34
9. Compliance Certificate – Regulation 40(9)
10. Notice for Record Date – Regulation 42
11. Voting Result – Regulation 44
12. Disclosures under SAST and PIT Regulations (Submissions by company)
13. Reconciliation of Share Capital Audit Report – Regulation 55A (Depositories and Participants Regulations, 1996)

Compliances / Submission for the above mentioned regulations that are not filed through the Listing Centre, shall be considered as non-submission and non-compliance with the Regulations and would be subject to the attendant penal actions.

Compliances / Submission submitted through Fax, E-mail or Physical Mode i.e. through hand delivery/ Post / courier shall not be considered as submission to the Exchange. Listed Entities are urged not to file disclosures through these modes.

10/02/2016

नई दिल्ली। फिक्की द्वारा आयोजित एक समारोह में पहुंचे केन्द्रीय वित्त राज्य मंत्री जयंत सिन्हा ने कहा कि कॉर्पोरेट संचालन को बेहतर बनाने, कंपनी अधिनियम और सूचीबद्ध कंपनियों के लिए सेबी के नियमों में बदलाव की जरूरत पड़ सकती है।
ताकि कॉर्पोरेट संचालन को और भी मजबूत किया जा सके। उन्होंने कहा, ‘कॉर्पोरेट संचालन में बड़ा बदलाव दिख रहा है और पूंजीवाद के स्वरूप में भी बड़ा बदलाव आया है। हम जिस ढांचे के तहत काम कर रहे हैं उसमें गरीब समर्थक और बाजार समर्थक सरकार की बात की गई है।
राष्ट्रीय जनतांत्रिक गठबंधन राजग सरकार के 2014 में सत्ता में आने के समय को याद करते हुए उन्होंने कहा कि तब सरकार और कंपनियां दोनों को सरकारी कामकाज पर भरोसा कम था।
उन्होंने कहा, इसके कारण प्रत्यक्ष विदेशी निवेश और घरेलू निवेश थम सा गया था। लेकिन मई 2014 में नई सरकार के सत्ता में आने के बाद सरकार के कामकाज में सुधार आने लगा। इसलिए सरकारी कामकाज और प्रशासन संचालन हमारे लिए बहुत ही महत्वपूर्ण बना रहेगा।
यदि हम कॉर्पोरेट संचालन के बेहतरीन मानकों का अनुसरण नहीं कर सके और उन्हें बरकरार नहीं रख सके तो हमारी कंपनियों के लिए निवेश आकर्षित करना और कारोबार बढ़ाने के लिए प्रतिभाओं को आकर्षित करना बहुत मुश्किल हो जाएगा। इसी कारण कॉर्पोरेट जगत में बदलाव लाने के लिए सेबी के नियमों में बदलाव लाना आवश्यक है।

23/12/2015

MCA

MCA has notified the Companies (Meetings of Board and its Powers) Second Amendment Rules, 2015 which shall come into force on the date of their publication in the Official Gazette. New Rule 6A has been inserted to prescribed the conditions, criteria and process to be followed by the Audit Committee for making omnibus approval for related party transactions on annual basis. Further, the Audit Committee shall satisfy itself on the need for omnibus approval for transactions of repetitive nature and that such approval is in the interest of the company and every such omnibus approval. Further, where the need for related party transaction cannot be foreseen and aforesaid details are not available, audit committee may make omnibus approval for such transactions subject to their value not exceeding rupees one crore per transaction. Omnibus approval shall be valid for a period not exceeding one financial year and shall require fresh approval after the expiry of such financial year and shall not be made for transactions in respect of selling or disposing of the undertaking of the company.

RBI

RBI has been reiterating the need for simplification of procedure and greater degree of standardization in procedures relating to registering of customers for mobile banking. In this regard, all the banks participating in National Financial Switch (NFS) should carry out necessary changes in their respective ATM switches and enable the capability of customer registration for mobile banking at all their ATMs latest by 31st March 2016. Banks should also strive to facilitate customer registration for mobile banking through other channels including internet banking, IVR, phone banking, etc. As customer registration is an important pre-requisite for offering mobile banking services, banks should also use multiple channels to create awareness among their customers regarding mobile banking services and options available for customer registration.