Compliance Calendar October 2021 [CS Lalit Rajput]



About ARTICLE:

This article contains various Compliance requirements for the Month of October, 2021 under various Statutory Laws.

Compliance Requirement Under

  1. Income Tax Act, 1961

  2. Goods & Services Tax Act, 2017 (GST) and Important Updates / Circulars

  3. Companies Act, 2013 & LLP Compliance (MCA/ROC Compliance) and Notifications

  4. Foreign Exchange Management Act, 1999 (FEMA) and Important Notifications

  5. Other Statutory Laws and Updates

  6. SEBI (Listing Obligations & Disclosure Requirements) (LODR) Regulations, 2015

  7. SEBI Takeover Regulations 2011

  8. SEBI (Prohibition of Insider Trading) Regulations, 2015

  9. SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018

  10. SEBI (Buyback of Securities) Regulations, 2018

  11. SEBI (Depositories and Participants) Regulations 2018) and Circulars / Notifications

  12. Insolvency and Bankruptcy Board of India (IBBI) Updates

1. Compliance requirement under Income Tax act, 1961

Sl.

Compliance Particulars

Due Dates

1

Due date of depositing TDS/TCS liabilities under Income Tax Act, 1961 for previous month.

07.10.2021

2.

Due date deposit of TDS for July-Sep. 2021 u/s section 192, 194A, 194D or 194H.

07.10.2021

3

Due date for deposit of Equalization Levy for the month of September, 2021.

07.10.2021

4

Due date for issue of TDS Certificate for tax deducted under section 194-IA, 194-IB and194M in the month of September 2021.

15.10.2021

5

Due date of furnishing of Form 24G by an office of the Government where TDS/TCS for the month of September, 2021 has been paid without the production of a challan.

15.10.2021

6

Quarterly statement of TCS deposited for the quarter ending September 30, 2021.

15.10.2021

7

Due date for furnishing statement in Form no. 3BB by a stock exchange in respect of transactions in which client codes been modified after registering in the system for the month of August, 2021.

15.10.2021

8

Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IA, 194-IB, 194-IM, in the month of September, 2021.

30.10.2021

9

Quarterly TCS certificate (in respect of tax collected by any person) for the quarter ending September 30, 2021.

30.10.2021

10

Intimation by a designated constituent entity, resident in India, of an international group in Form no. 3CEAB for the accounting year2020-21.

31.10.2021

11

Quarterly statement of TDS deposited for the quarter ending September 30, 2021.

31.10.2021

12

Payment of tax under Direct Tax Vivad se Vishwas Act, 2020 with additional charge.

31.10.2021


Income Tax Due Date - Extensions

Sl.

Nature of Extension

Provisions / Forms of IT Act 1961

Original Due Date

Extended Due Date

1

The application in Form No. 10A/ Form No.10AB, for registration/ provisional registration/ intimation/ approval/ provisional approval of Trusts/ Institutions/ Research Associations etc.,

Under Section 10 (23C), 12AB, 35 (1) (ii) / (iia) / (iii) and 80G of the Act

30.06.2021

31.03.2022

2

The Quarterly Statement in Form No. 15CC to be furnished by authorized dealer in respect of remittances made for the quarter ending on 30th June, 2021

Form No. 15CC

30.06.2021

31.12.2021

3

The Quarterly statement in Form No. 15CC to be fumished by authorized dealer in respect of remittances made for the quarter ending on 30 September, 2021

 

15.10.2021

31.12.2021

4

The Equalization Levy Statement in Form No. 1 for the Financial Year 2020-21

Form No. 1

30.06.2021

31.12.2021

5

Intimation by a constituent entity, resident in India, of an international group, the parent entity of which is not resident in India for the purposes of section 286 (1)

Form No.3CEAC

30.11.2021

31.12.2021

6

Report by a parent entity or an alternate reporting entity or any other constituent entity, resident in India, for the purposes of section 286 (2) / 286 (4)

Form No.3CEAD

30.11.2021

31.12.2021

7

Intimation on behalf of an international group for the purposes of the proviso to sub-section (4) of section 286 of the Act

Form No.3CEAE

30.11.2021

31.12.2021

8

Uploading of the declarations received from recipients in Form No. 15G/15H during the quarter ending 30th June, 2021

Form No. 15G/15H

15.07.2021

30.11.2021

9

Uploading of the declarations received from recipients in Form No. 15G/15H during the quarter ending 30th September, 2021

Form No. 15G/15H

15.10.2021

31.12.2021

10

Intimation to be made by Sovereign Wealth Fund in respect of investments made by it in India in Form II SWF for the quarter ending on 30th June,2021,

Form II SWF

31.07.2021

30.11.2021

 

11

Intimation to be made by Sovereign Wealth Fund in respect of investments made by it in India in Form II SWF for the quarter ending on 30th September,2021

Form II SWF

31.10.2021

31.12.2021

 

12

Intimation to be made by a Pension Fund in respect of each investment ) made by it in India in Form No. 10BBB for the quarter ending on 30th June,2021

Form No. 10BBB

31.07.2021

30.11.2021

13

Intimation to be made by a Pension Fund in respect of each investment (11) made by it in India in Form No. 10BBB for the quarter ending on 30 September, 2021

Form No. 10BBB

31.10.2021

31.12.2021


Importatnt updates – September, 2021:

1. Income tax refunds of Rs 80,086 cr issued during this fiscal: CBDT

Refunds amounting to more than Rs 80,000 crore have been issued to the taxpayers during the current financial year, the CBDT said.

The Central Board of Direct Taxes (CBDT) frames policy for the Income Tax Department. This figure includes income tax refunds of Rs 19,699 crore in 47,53,254 cases and corporate tax refunds of Rs 60,387 crore in 1,63,021 cases.

2. ITR filing due date for AY 2021-22 extended! Check new deadline to file income tax return

CBDT has decided to further extend the due dates for filing of Income Tax Returns and various reports of audit for the Assessment Year 2021-22.

Keeping in view the difficulties reported by taxpayers and other stakeholders in filing of Income Tax Returns as well as the various reports of audit for the Assessment Year 2021-22 under the Income-Tax Act, 1961, the Central Board of Direct Taxes (CBDT) has decided to further extend the due dates for filing of Income Tax Returns and various reports of audit for the Assessment Year 2021-22.

  • The due date of furnishing of Return of Income for the Assessment Year 2021-22, which was 31st July, 2021 under sub-section (1) of section 139 of the Act, as extended to 30th September, 2021, is now further extended to 31st December, 2021.

  • The due date of furnishing of Report of Audit under any provision of the Act for the Previous Year 2020-21, which is 30th September, 2021, as extended to 31st October, 2021, is now further extended to 15th January, 2022.

  • The due date of furnishing of Return of Income for the Assessment Year 2021-22, which is 31st October, 2021 under sub-section (1) of section 139 of the Act, as extended to 30th November, 2021 is now further extended to 15th February, 2022.

  • The due date of furnishing of Return of Income for the Assessment Year 2021-22, which is 30th November, 2021 under sub-section (1) of section 139 of the Act, as extended to 31st December, 2021 is now further extended to 28th February, 2022.

Important Notifications – For the month of September - 2021:

Sl.

Particulars of the Notification(s)

File No. / Circular No.

Link(s)

1.

Order under section 119(2)(b) of the Income Tax Act, 1961 for filing applications for settlement before the Interim Board for Settlement

F. No. 299/22/ 2021 -Dir (Inv. III)/174

Click Here

2.

?Processing of returns claims under section 143(1) of the Income-tax Act, 1961 beyond the prescribed time limits in non-scrutiny cases

F. No. 225/98/2020 - ITA-II

Click Here

3.

The Income-tax (31st Amendment) Rules, 2021

Notification No. 118/ 2021

Click Here

 

4.

The Income-tax (30th Amendment) Rules, 2021

Notification No. 117 /2021

Click Here

5.

Extension of time lines for electronic filing of various Forms under the Income-tax Act, 1961

Circular No. 16 /2021

Click Here

6.

Notification No. 94/2021 [F.No.IT(A)/01/2020-TPL (Part-I)-(Part- I)] / S.O. 3536(E)

Notification No. 94/2021

Click Here

7

The Income-tax (25th Amendment) Rules, 2021

Notification No. 95/2021

Click Here

8

Constitution of Board for Advance Rulings under the section 245-OB Income-tax Act, 1961

Notification No. 96/2021

Click Here

9

Notification of the appointed date to give effect to the amendments made by the Finance Act, 2021 to the Chapter XIX-B of the Income tax Act, 1961

Notification No. 97/2021

Click Here

10

Notification No. 98/2021 [F. No. 370142/11/2021-TPL] / SO 3595(E)

Notification No. 98/2021

Click Here

11

The Income-tax (26th Amendment) Rules, 2021

Notification No. 99/2021

Click Here

12

the Central Government hereby notifies for the purposes of the said clause, ‘District Mineral Foundation Trust’

Notification No. 103/ 2021

Click Here

13

Extension of time lines for filing of Income-tax returns and various reports of audit for the Assessment Year 2021-22- reg.

Circular No. 17/2021

Click Here

14

The Income-tax (26th Amendment) Rules, 2021

Noti. No. 101/ 2021

Click Here

15

The Income-tax (26th Amendment) Rules, 2021 - CORRIGENDUM

Notification No. 102 /2021

Click Here

16

Income Tax Department conducts searches in Ahmedabad

Release ID: 1753861

Click Here

17

CBDT extends due dates for filing of Income Tax Returns and various reports of audit for Assessment Year 2021-22

Release ID: 1753603

Click Here

18

e-Filing portal of the Income Tax Department - updates

Release ID: 1753272

Click Here

19

The Income-tax (29th Amendment) Rules, 2021.

Notification No. 109/ 2021

Click Here

20

The Central Government hereby specifies the pension fund

Notification No. 111/ 2021

Click Here


2. Compliance Requirement under GST, 2017

Filing of GSTR –3B

A. Taxpayers having aggregate turnover > Rs. 5 Cr. in preceding FY

Tax period

Due Date

No interest payable till

Particulars

September, 2021

20th October, 2021

-

Due Date for filling GSTR - 3B return for the month of June, 2021 for the taxpayer with Aggregate turnover exceeding INR 5 crores during previous year


B. Taxpayers having aggregate turnover upto Rs. 5 crores in preceding FY (Group A)

Tax period

Due Date

No interest payable till

Particulars

September, 2021

22nd October,

2021

 

Due Date for filling GSTR - 3B return for the month of June, 2021 for the taxpayer with Aggregate turnover upto INR 5 crores during previous year and who has opted for Quarterly filing of GSTR-3B

Group A States: Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana, Andhra Pradesh, Daman & Diu and Dadra & Nagar Haveli, Puducherry, Andaman and Nicobar Islands, Lakshadweep


C. Taxpayers having aggregate turnover upto Rs. 5 crores in preceding FY (Group B)

Tax period

Due Date

No interest payable till

Particulars

September, 2021

24th October,

2021

 

 

Group B States:  Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand, Odisha, Jammu and Kashmir, Ladakh, Chandigarh, Delhi


D. Filing Form GSTR-1:

Tax period

Due Date

Remarks

Monthly return (September, 2021)

11.10.2021

GST monthly return for the month of September, 2021 (GSTR 1) applicable for taxpayers with Annual Aggregate Turnover more than 1.50 Crore.

GST monthly return for the month of September, 2021 (GSTR 1) applicable for taxpayers with Annual Aggregate turnover less than 1.50 Crore and opted to file monthly Return.

Quarterly Return (July-September Quarter 2021)

13.10.2021

Due Date of GSTR-1 for tax period July-September Quarter 2021.


E. Non Resident Tax Payers, ISD, TDS & TCS Taxpayers

Form No.

Compliance Particulars

Timeline 

Due Date

GSTR-5 & 5A

Non-resident ODIAR services provider file Monthly GST Return

20th of succeeding month           

20.10.2021

GSTR -6

Every Input Service Distributor (ISD)

13th of succeeding month

13.10.2021

GSTR -7

Return for Tax Deducted at source to be filed by Tax Deductor

10th of succeeding month

10.10.2021

GSTR -8

E-Commerce operator registered under GST liable to TCS

10th of succeeding month

10.10.2021


F. GST QRMP monthly return

Form No.

Compliance Particulars

Timeline 

Due Date

Details of outward supply-IFF

GST QRMP monthly return due date for the month of September, 2021 (IFF). Applicable for taxpayers with Annual aggregate turnover up to Rs. 1.50 Crore.

13th of succeeding month 

13.10.2021


G. GST Refund:

Form No.

Compliance Particulars

Due Date

RFD -10

Refund of Tax to Certain Persons

18 Months after the end of quarter for which refund is to be claimed


Other Returns:

Form No.

Compliance Particulars

Timeline 

Due Date

CMP-08

Statement- cum- challan to declare the details or summary of his/ her self-assessed tax payable for a given quarter.

July-September Quarter 2021

18.10.2021

GST return for pending Period-Amnesty Scheme

Filing of Pending GST return with reduced penalty under Amnesty Scheme

July, 2017 to April, 2021

From 01.6.2021 to 30.11.2021

(earlier due date was 31.08.2021)


Major Update:

Due date for filing of revocation application for cancelled registrations has been extended up to 30th Sept. 2021, for the cases where application due dates were falling between 1st Mar, 2020 & 31st Aug, 2021. More details in “News & Updates”

  • The taxpayers, who have registered at GST portal but have not yet furnished their Bank Account details, are required to update it at GST Portal through non-core amendment, within 45 days of first login henceforth.
Key UPDATE(s):

1. ‘No GST input tax credit on CSR expense’

he Gujarat bench of the Authority for Advance Rulings (AAR) recently held that corporate social responsibility (CSR) activities under the Companies (CSR Policy) Rules are excluded from the normal course of business. Its ruling came in a case where the applicant was a private limited company, Adama India. The AAR said Adama India would not be eligible for input tax credit (ITC) under goods and services tax (GST) laws.

If this ruling is followed by GST authorities during assessments, it will be a big blow to India Inc which, in the backdrop of the pandemic, has spent heavily on CSR activities, such as providing medical relief by way of oxygen concentrators & sanitisers, to name a few instances.

This is another classic case of divergent views on the same issue taken by two different benches of the AAR. In its edition of April 8, TOI had covered the ruling given by the Uttar Pradesh (UP) bench in the case of Dwarikesh Sugar Industries. In this case, the AAR bench had held that CSR expenditure is incurred by a company to comply with its legal obligations under the Companies Act. Thus, the GST paid by the company on the products it purchased for its CSR-related expenditure could be set off against its GST liability (this is referred to as ITC). It submitted that CSR expenses were mandatory, thus, they were incurred in the course and furtherance of business. Therefore, it should be eligible for ITC. However, the Gujarat AAR bench disagreed with this contention. It went further and pointed out that the ruling given by the UP AAR bench was not binding on it. AAR rulings are binding only on the applicant and the relevant GST officials.

GST UPDATES from 01.09.2021 to 30.09.2021:

Sl.

Notification Particulars

Notification No.

Link (s)

1.

 

Advisory for Taxpayers regarding Generation of EWB where the principal supply is Supply of services.

GSTN Circular No. 504

Click Here

2.

On demand fetching of Bill of Entry details from ICEGATE Portal

GSTN Circular No. 505

Click Here

3.

Seeks to make amendments (Eighth Amendment, 2021) to the CGST Rules, 2017.

35/2021-Central Tax dated 24.09.2021

Click Here

4.

Seeks to amend Notification No. 03/2021 dated 23.02.2021.

36/2021-Central Tax dated 24.09.2021

Click Here

5.

Clarification on doubts related to scope of “Intermediary”

159/15/2021-GST

Click Here

6

Clarification in respect of certain GST related issues || Corrigendum

Circular No. 160/ 16/2021-GST

Click Here

7

Clarification relating to export of services-condition (v) of section 2(6) of the IGST Act 2017

161/17/2021-GST

Click Here

8

Clarification regarding extension of time limit to apply for revocation of cancellation of registration in view of Notification No. 34/2021-Central Tax dated 29th August, 2021

158/14/2021-GST    

Click Here

9

Date for filing application for revocation of cancellation of registration extended

GSTN Circular No. 503

Click Here

10

New functionality on Annual Aggregate Turnover (AATO) deployed on GST Portal for taxpayers.

GSTN Circular No. 492

Click Here

11

Implementation of Rule-59(6) on GST Portal

GSTN Updates 500

Click Here

12

Advisory on HSN and GSTR-1 Filing

GSTN Updates 501

Click Here

13

Date for filing application for revocation of cancellation of registration extended

GSTN Updates 503

Click Here

14

Seeks to make seventh amendment (2021) to CGST Rules, 2017.

32/2021-Central Tax dated 29.08.2021

Click Here

15

Seeks to extend FORM GSTR-3B late fee Amnesty Scheme from 31.08.2021 upto 30.11.2021.

33/2021-Central Tax dated 29.08.2021

Click Here

16

Seeks to extend timelines for filing of application for revocation of cancellation of registration to 30.09.2021, where due date for filing such application falls between 01.03.2020 to 31.08.2021, in cases where registration has been canceled under clause (b) or clause (c) of section 29(2) of the CGST Act.

34/2021-Central Tax dated 29.08.2021

Click Here

17

Webinars on ‘Functionality to fetch BoE details by Taxpayers’.

GSTN Circular No. 506

Click Here

18

Seeks to amend notification No. 11/2017- Central Tax (Rate) so as to notify CGST rates of various services as recommended by GST Council in its 45th meeting held on 17.09.2021.

06/2021-Central Tax (Rate), dt. 30-09-2021

Click Here

19

Seeks to amend notification No. 12/2017- Central Tax (Rate) so as to implement recommendations made by GST Council in its 45th meeting held on 17.09.2021.

07/2021-Central Tax (Rate), dt. 30-09-2021

Click Here

20

Seeks to amend notification No. 1/2017- Central Tax (Rate)

08/2021-Central Tax (Rate) ,dt. 30-09-2021

Click Here


3. Compliance Requirement UNDER Companies Act, 2013 and Rules made thereunder;

Applicable Laws/Acts

Due Dates

Compliance Particulars

Forms / Filing mode

Companies Act, 2013

 

Within 180 Days From The Date Of Incorporation Of The Company

(one time compliance only)

As per Section 10 A (Commencement of Business) of the Companies Act, 2013, inserted vide the Companies (Amendment) Ordinance, 2018 w.e.f. 2nd November, 2018, a Company Incorporated after the ordinance and having share capital shall not commence its business or exercise any borrowing powers unless a declaration is filed by the Director within 180 days from the date of Incorporation of the Company with the ROC.

MCA E- Form INC 20A

(one time compliance)

Companies Act, 2013

 

First declaration within 90 days from the date of notification Dt. 08.02.2019

A person having Significant beneficial owner shall file a declaration to the reporting company

CLICK HERE

i.e. within 90 days of the commencement of the Companies (Significant Beneficial Owners) Amendment Rules, 2019 i.e. 08.02.2019

In case Subsequent Acquisition of the title of Significant Beneficial Owner / Any Change therein a declaration in Form No. BEN-1 required to be filed to the reporting company, within 30 days of acquiring such significant beneficial ownership or any change therein.

Form BEN-1

Draft Format available at

LINK

Companies Act, 2013

 

within 30 days of acquiring beneficial interest

Filing of form BEN-2 under the Companies (Significant Beneficial Owners) Rules, 2018.

 (the date of receipt of declaration in BEN-1 )

CLICK HERE

Form BEN – 2

(e-form deployed by Ministry (ROC)) on 01.07.2019

Companies Act, 2013

 

Annual Compliance

(30.09.2021)

*DIN KYC through DIR 3 KYC Form is an Annual Exercise.

Last date for filing DIR-3 KYC for Financial year 2020-21 is 30th September, 2021

Annual Exercise: CLICK HERE

Penalty after due date is Rs. 5000/-(one time)

E-Form DIR – 3 KYC

(Web Based and E-form)

Companies Act, 2013

Within 270 days from the date of deployment of this Form

Annual Return To Be Filed By Auditor With The National Financial Reporting Authority

CLICK HERE

CLICK HERE

CLICK HERE

Note on NFRA -2 Click Here

NFRA-2 (NFRA-2 e-Form live since 9th December 2019.)

Companies Act, 2013

Within 15 days of appointment of an auditor.

The Ministry in its General Circular No. 12/2018 dated 13th December, 2018 clarified that filing of Form NFRA-1 is applicable only for Bodies Corporate and ruled out filing by Companies as defined under sub-section (20) of Section 2 the Act.

E – Form NFRA -1

Companies Act, 2013

Within 30 days of the board meeting

Filing of resolutions with the ROC regarding Board Report and Annual Accounts. The details of the resolutions passed should be filed.

MGT-14

 (Filing of resolution with MCA)

Companies Act, 2013

Within 60 (sixty) days from the conclusion of each half year.

Reconciliation of Share Capital Audit Report (Half-yearly)

Pursuant to sub-rule Rule 9A (8) of  Companies (Prospectus and Allotment of Securities) Rules, 2014

To be filed all unlisted companies, deemed public companies

Till further clarification to be filled in GNL-2

E-Form PAS – 6

Companies Act, 2013

(Half Yearly basis)

31.10.2021

Form for furnishing half yearly return with the registrar in respect of outstanding payments to Micro or Small Enterprise

E-Form MSME-1

Companies Act, 2013

One Time compliances           

Registration of Entities for undertaking CSR activities         - Trust/ Society/ Section 8 Company need to file before Acceptance of Donation as CSR w.e.f. 01st April 2021

E-Form CSR-1


LLP Compliance:

Applicable Laws/Acts

Due Dates

Compliance Particulars

Forms / Filing mode

LLP Act, 2008

 

30.10.2021

Statement of Account and Solvency for Financial Year 2020-21

Within 30 days from the end of 6 months of the financial year to which the statement relates.

Form LLP-8

 

 


Due dates of ROC Return Filings

Sl. No.

Particulars

Due Date

E- Form

1

Appointment of Auditor

Within 15 days from the conclusion of AGM

ADT-1

2

Filing of financial statement and other documents with the ROC

Within 30 days from the conclusion of the AGM, other than OPC

(In case of OPC within 180 days from the close of the financial year)

AOC-4

3

Filing of annual return by a company.

Within 60 days from the conclusion of AGM

MGT-7

4

Filing of annual return by a company.

Within 60 days from the conclusion of AGM

Applicable in respect of Annual Return for the F.Y. 2020-21 and onwards of OPC and small companies.

MGT-7A


KEY UPDATES – September, 2021:

1. MCA extends due date for AGMs by two months

Companies get till end November to hold AGM for financial year 2020-21

In what could come as some respite for companies, especially small and medium ones, the Ministry of Corporate Affairs (MCA) has extended the due date for holding annual general meetings (AGMs) for the financial year 2020-21 by two months.

This extension would mean that companies now have time till the end of November 2021 to hold the AGM. Under company law, corporates are required to hold AGM within six months from the date of completion of financial year — i.e September 30.

This latest MCA move comes in the wake of representations received by the Ministry seeking extension of time for holding of AGM for FY21.

Important Updates – September, 2021

MCA Monthly UPdate Calendar: September, 2021

Sl.

Particulars of the Circulars

Link

1

Public Notice U/s.75 of LLP Act, 2008 read with Rule 37(2) of the LLP Rules, 2009

Click Here

2

Invitation of Claims - in the matter of M/S. Magnum Intergrafiks Private Limited (in Liquidation) issued by the Official Liquidator Bengaluru

Click Here

3

Workshop on “Competition Issues in the Pharmaceutical Sector in India’

Click Here

4

Accounting standards and special courts to be created for LLPs: MCA

Click Here

5.

CSR credit has to be used in 3 years: MCA

Click Here

6.

Engagement of Young Professional-I (YP-I) in Ministry of Corporate Affairs on contract basis

Click Here

7

Public Notice U/s.75 of LLP Act, 2008 read with Rule 37(2) of the LLP Rules, 2009

Click Here

8

In the matter of Birla Power Solutions Ltd.

Click Here

9

Don’t appoint CAs as part-time members of authority, NFRA tells ministry

Click Here

10

Financial literacy: MCA wants educational institutions, industry bodies to shoulder responsibility

Click Here

11

OYO increases authorised share capital to ?901 crores - The increase was approved in a September 1 extraordinary general meeting held over video conferencing.

Click Here

12

LLP Act amendments to help entities shift from unorganised to organised biz: More than 2.15 lakh LLPs were active in the country at the end of July 31. Over 74 per cent of them were in the services sector, followed by industry and agriculture.

Click Here

13

The Chartered Accountants (Election to the Council) Amendment Rules, 2021

Click Here

14

Extension of period of the Company Law Committee

Click Here

15

AGM Extension orders issued by various ROC’s

Click Here

16

MCA extends due date for AGMs by two months - till the end of November 2021.

Click Here


4. Compliances under FEMA / RBI

Applicable Laws/Acts

Due Dates

Compliance Particulars

Forms / (Filing mode)

FEMA ACT 1999

15 July every year

(Due date was extended by 31st July, 2021)

Annual Return on Foreign liabilities and assets.  

The FLA return is required to be submitted by the companies who have received Foreign direct investment (FDI) and/or made Foreign direct investment abroad in the previous year(s) including the current year

FLA Return through Flair Portal:

Click Here

FEMA ACT 1999

Monthly Basis

External Commercial Borrowings

Borrowers are required to report all ECB transactions to the RBI on a monthly basis through an AD Category – I Bank in the form of ‘ECB 2 Return’.

ECB 2 Return

FEMA ACT 1999

Not later than 30 days from the date of issue of Capital instrument

FC-GPR is a form filed when the Indian company receives the Foreign Direct Investment and the company allots shares to a person resident outside India.

Form FC-GPR

FEMA ACT 1999

With in 60 days of receipt/ remittance of funds or transfer of capital instruments whichever is earlier.

Reporting of transfer of shares and other eligible securities between residents and non-residents and vice- versa is to be made in Form FC-TRS.

The onus of reporting shall be on the resident transferor/ transferee.

Form FC-TRS.

FEMA ACT 1999

within 30 days from the date of receipt of the amount of consideration.

A Limited Liability Partnership receiving amount of consideration and acquisition of profit shares is required to submit a report in the Form FDI LLP-1

Form FDI LLP-I

FEMA ACT 1999

within 60 days from the date of receipt of funds in

A Limited liability Partnership shall report disinvestment/ transfer of capital contribution or profit share between a resident and a non resident (or vice versa)

Form FDI LLP-II

FEMA ACT 1999

within 30 days from the date of allotment of capital instruments

The domestic custodian shall report the issue/ transfer/ of sponsored/ unsponsored depository receipts

Downstream statement -Form DI & reporting at FIFP too


Entities which are filing FLA return for the first time/ with revised UIN (Unique identification number) are required to register themselves first for generating login credentials and afterwards they can file FLA return. However, the entities which have already registered earlier may submit FLA-2021 using their earlier login credentials.

Important Updates, September-2021:

1. RBI's new auto-debit rules to set in from October 1, 2021: Things to know

Under the new norms, banks will be required to inform customers in advance about recurring payment due and transaction would be carried following nod from the customer

  1. There will be no automatic recurring payments for services like recharge, utility bill as the additional factor of authentication (AFA) has now become mandatory. However, non-readiness of some of the players had forced the RBI to extend the deadline on recurring payment till September 30. As per the guidelines, banks will send a one-time password (OTP) to customers for payments above Rs 5,000.

  2. "Customers are instructed to watch for email, SMS communication from the bank. OTP will be sent for additional authentication for payments over Rs 5,000 if the preset standing instruction is non-compliant with new RBI rules," said a bank manager at State Bank of India.

  3. Banks will send customers a debit notification with the amount and name of the merchant 24 hours before each payment. The notification will contain a link that will allow users to modify or cancel the payment or the mandate. If they take no action, the transaction will be carried out as usual.

  4. If in case the bank has failed to communicate with customers, then customers should be proactive in many payments directly to merchants to avoid defaults.

RBI Circulars / Notifications: September, 2021

Sl.

Particulars of the Circulars

Link

1

Review of incentive and other measures to enhance distribution of coins

Click here

2

Enhancements to Indo-Nepal Remittance Facility Scheme

Click here

3

Master Directions on Prepaid Payment Instruments (PPIs)

Click here

4

Guidelines on Compensation of Whole Time Directors/ Chief Executive Officers/ Material Risk Takers and Control Function staff – Clarification

Click here

5

Master Direction on Financial Statements - Presentation and Disclosures

Click here

6

RBI releases data on ECB/FCCB/RDB for July 2021

Click here

7

RBI releases 'Quarterly Statistics on Deposits and Credit of SCBs: June 2021’

Click here

8

Sectoral Deployment of Bank Credit – July 2021

Click here

9

All India Debt & Investment Survey NSS 77th round (January – December, 2019)

Click here

10.

Large Exposures Framework – Credit Risk Mitigation (CRM) for offsetting – non-centrally cleared derivative transactions of foreign bank branches in India with their Head Office

Click here

11.

Tokenisation – Card Transactions: Permitting Card-on-File Tokenisation (CoFT) Services

Click here

12

RBI imposes monetary penalty on The Sutex Co-operative Bank Ltd., Surat (Gujarat)

Click here

13

Prompt Corrective Action Framework - UCO Bank

Click here

14

BRICS Chair 2021: Documents under Central Bank Workstream

Click here

15

Sovereign Gold Bond (SGB) Scheme - Redressal of customer complaints

Click here

16

Reserve Bank of India – Bulletin Weekly Statistical Supplement – Extract

Click here

17

Revamped Gold Monetisation Scheme, reduction in import duty of gold to help the industry to grow to the next level: Anupriya Patel

Click here

18

FDI Inflows grow 62% during first four months of current Financial Year over corresponding period last year

Click here

19

Master Direction – Reserve Bank of India (Market-makers in OTC Derivatives) Directions, 2021

Click here

20

Master Circular on Investments by Primary (Urban) Co-operative Banks

Click here


5. Compliance under Other Statutory LAws

Applicable Laws/Acts

Timeline / Due Dates

Compliance Particulars

Forms / (Filing mode)

EPF (The Employees’ Provident Funds And Miscellaneous Provisions Act, 1952)

15.10.2021

PF Payment

ECR

ESIC (Employees' State Insurance Act, 1948)

15.10.2021

ESIC Payment

ESI Challan

Contract Labour (Regulation & Abolition) Act, 1970

Within 15 Days of commencement/ completion of contract work

Return/Notice within 15 days of commencement/ completion of each contract by the Principal employer

Form VI-B

Contract Labour (Regulation & Abolition) Act, 1970

Within 15 Days of commencement/ completion of contract work

Notice of commencement/ completion of contract work by the Contractor within 15 days

Form VI-A

Payment of Gratuity Rule

Within 30 Days of applicability of the Act & any change

Notice of applicability of the Act & any change

Form A or B


Key Updates – September, 2021:

1. Labour codes unlikely to be implemented this fiscal year: report

The implementation of these laws assumes significance because once these are implemented there would be reduction in take-home pay of employees. Once implemented, employers would have to restructure salaries of their employees as per the new code on wages.

The four labour codes are unlikely to be implemented this fiscal in view of slow progress on the drafting of rules by the states and also for political reasons like elections in Uttar Pradesh, a source said. The implementation of these laws assumes significance because once these are implemented there would be reduction in take-home pay of employees and firms have to bear higher provident fund liability.

"The Ministry of Labour is ready with the rules under the four labour codes. But the states have been slow in drafting and finalising those under new codes. Besides, the government is not keen to implement the four codes due to political reasons, which are mainly elections in Uttar Pradesh (due in February 2022 onwards).” (To read more Click Here)

Updates TRACKER under Labour LAws – September, 2021:

Sl.

Particulars

Link

1

Registration of Unorganized Workers begins across the Country as Government of India launches the e-Shram Portal.

Click Here

2

There have been no outages in Aadhaar – PAN/EPFO linking facility: UIDAI

Click Here

3

Atal Pension Yojana total enrolments crossed 3.30 crore

Click Here

4

New Labour Laws to increase working hours and pay structure of employees from October 1 - Details inside

Click Here

5

Uttar Pradesh amends key labour law, abolishes imprisonment

Click here

6

Periodic Labour Force Survey (PLFS) – Quarterly Bulletin [October-December 2020]

Click Here

7

e-SHRAM Portal: Chief Labour Commissioner (Central) Holds Interactions with Trade Unions and Media at Mathura refinery

Click Here

8

e-Shram Portal launched for registration of unorganized workers.   

Click Here

9

Announcement of Prime Minister's Shram Awards for the year 2018          

Click Here

10

Prime Minister's Shram Awards, 2020 - Inviting of applications - reg.         

Click Here


6. SEBI – Securities Exchange Board of INDIA

Compliance Requirement under SEBI (Listing Obligations and Disclosure Requirements) (LODR) Regulations, 2015

FILING MODE(s) :

·         For BSE                    : BSE LISTING CENTRE

·         For NSE                    : NEAPS Portal


1. Half Yearly Compliances:

Sl. No.

Regulation No.

Compliance Particular

Compliance Period (Due Date)

Due Date

1.

Regulation 7(3)

Share Transfer Agent.

Listed entity to submit a COMPLIANCE CERTIFICATE within one month of end of half Financial Year to certify maintenance of physical and electronic transfer facility.

31/10/2021

2.

Regulation 33*

Quarterly / Annually

Relating to Financial Results

Un audited Financial Results within 45 days & Audited finance within 60 days

14/11/2021

2.1

Regulation 23(9)

Related party transactions.

 

The listed entity shall submit within 30 days from the date of publication of its standalone and consolidated financial results for the half year, disclosures of related party transactions on a consolidated basis, in the format specified in the relevant accounting standards for annual results to the stock exchanges and publish the same on its website

Within 30 days of FR

3.

Regulation 40(9) & (10)

/ Regulation 61(4)

Transfer or transmission or transposition of securities.

 

 

The listed entity shall ensure that the share transfer agent and/or the in-house share transfer facility, as the case may be, produces a certificate from a practicing company secretary within one month of the end of each half of the financial year, certifying that all certificates have been issued within thirty days of the date of lodgement for transfer, sub-division, consolidation, renewal, exchange or endorsement of calls/allotment monies. & The listed entity shall ensure that certificate mentioned at sub-regulation (9), shall be filed with the stock exchange(s) simultaneously.

Note: Reg. 61(4): The listed entity shall comply with requirements as specified in regulation 40 for transfer of securities including procedural requirements specified in Schedule VII.

31/10/2021

4.

Regulation 52(1)*

Financial Results.

The listed entity shall prepare and submit un-audited or audited financial results on a half yearly basis in the format as specified by the Board within forty five days from the end of the half year to the recognised stock exchange(s).

14/11/2021


2. Regular / Annual Compliances:

REG NO

REGULATION NO

PARTICULARS

TIMELINE

47 Advertisements in Newspapers.

47 (3) Advertisements in Newspapers

Financial results at 47 clause (b) of sub-regulation (1), shall be published within 48 hours of conclusion of the meeting of board of directors at which the financial results were approved.

48 HOURS

23 Related party transactions.

Reg 23(9) Related party transactions

The listed entity shall submit within 30 days from the date of publication of its standalone and consolidated financial results for the half year, disclosures of related party transactions on a consolidated basis, in the format specified in the relevant accounting standards for annual results to the stock exchanges and publish the same on its website

30 days

24A Secretarial Audit.

Red 24A

Every listed entity and its material unlisted subsidiaries incorporated in India shall undertake secretarial audit and shall annex with its annual report, a secretarial audit report, given by a company secretary in practice, in such form as may be specified with effect from the year ended March 31, 2019. (within 60 days from the Closure of FY)

60 days from the Closure of FY

46 Website

46(2)(s)

The listed entity shall disseminate the following information under a separate section on its website separate audited financial statements of each subsidiary of the listed entity in respect of a relevant financial year, uploaded at least 21 days prior to the date of the annual general meeting which has been called to inter alia consider accounts of that financial year.]

21 days prior 1 days prior to the date of AGM


3. Quarterly compliance which included half year compliance except FR

REG NO

REGULATION NO

PARTICULARS

TIMELINE

Grievance Redressal Mechanism.

Reg 13 (3)

The listed entity shall file with the recognised stock exchange(s) on a quarterly basis, within twenty one days from the end of each quarter, a statement giving the number of investor complaints pending at the beginning of the quarter, those received during the quarter, disposed of during the quarter and those remaining unresolved at the end of the quarter.

21 Days

 

21/10/2021

Other corporate governance requirements.

Reg 27(2)

The listed entity shall submit a quarterly compliance report on corporate governance in the format as specified by the Board from time to time to the recognised stock exchange(s) within fifteen days from close of the quarter.

15 days

15/10/2021

Intimation

Reg 29 read with Reg 33

intimation regarding item specified in clause 29(1) (a) to be discussed at the meeting of board of directors shall be given at least five days in advance (excluding the date of the intimation and date of the meeting), and such intimation shall include the date of such meeting of board of directors

 at least 5 working days in advance, excluding the date of the intimation and date of the meeting

Shareholding Pattern

Reg 31 (1)(b)

The listed entity shall submit to the stock exchange(s) a statement showing holding of securities and shareholding pattern separately for each class of securities, in the format specified by the Board from time to time within the following timelines - on a quarterly basis, within twenty one days from the end of each quarter;

21 days of each quarter

21/10/2021

Indian Depository Receipt holding pattern & Shareholding details.

69(1)

The listed entity shall file with the stock exchange the Indian Depository Receipt holding pattern on a quarterly basis within fifteen days of end of the quarter in the format specified by the Board.

15 days from end of each quarter

15/10/2021

 

Intimations and Disclosure of events or information to Stock Exchanges.

87B: Intimations and Disclosure of events or information to Stock Exchanges. READ WITH PART E OF Schedule III

The listed entity shall first disclose to stock exchange(s) of all events or information, as specified in Part E of Schedule III, as soon as reasonably possible but not later than twenty four hours from occurrence of the event or information:

24 HOURS

Valuation, Rating and NAV disclosure.

87C(1) (iii)

An issuer whose security receipts are listed on a stock exchange shall ensure that: the net asset value is calculated on the basis of such independent valuation and the same is declared by the asset reconstruction company within fifteen days of the end of the quarter.

15 Days

           

7. SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Securities and Exchange Board of India (SEBI) vide notification / Circular No. SEBI/HO/CFD/DCR1/CIR/P/2020/49 issued and publish dated 27th March 2020, has published Relaxation from compliance with certain provisions of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 due to the COVID-19 pandemic".

Sl. No.

Regulation No.

Compliance Particular

Compliance Period (Due Date)

 

1

 

Regulation 30(1)

Every person, who together with persons acting in concert with him, holds shares or voting rights entitling him to exercise 25% or more of the voting rights in a target company, shall disclose their aggregate shareholding and voting rights as of the 31st day of March, in such target company in such form as may be specified.

 

The disclosures required under sub-regulation (1) and sub-regulation (2) shall be made within seven working days from the end of each financial year to;

· every stock exchange where the shares of the target company are listed; and

· the target company at its registered office

2

Regulation 30(2)

The promoter of every target company shall together with persons acting in concert with him, disclose their aggregate shareholding and voting rights as of the thirty-first day of March, in such target company in such form as may

 

 

 

 

3.

Regulation 31(1) read with Regulation 28(3) of Takeover Regulations

AUGUST 7, 2019 CIRCULAR

https://www.sebi.gov.in/legal/circulars/aug-2019/disclosure-of-reasons-for-encumbrance-by-promoter-of-listed-companies_43837.html

The promoter of every listed company shall specifically disclose detailed reasons for encumbrance if the combined encumbrance by the promoter along with PACs with him equals or exceeds: a) 50% of their shareholding in the company; or b) 20% of the total share capital of the company,

within 2 (two) working days

4.

Regulation 31(4)

Disclosure of encumbered shares

Promoter of every target company shall together with persons acting in concert with him, disclose their aggregate shareholding and voting rights as of the 31st March, in such target company in such form as may be specified


8. SEBI (Prohibition of Insider Trading) Regulations, 2015

Sl. No.

Regulation No.

Compliance Particular

Compliance Period (Due Date)

1

Regulation 7(2)

“Continual Disclosures”

Every promoter, employee and director of every company shall disclose to the company the number of such securities acquired or disposed of within two trading days of such transaction if the value of the securities traded, whether in one transaction or a series of transactions over any calendar quarter, aggregates to a traded value in excess of ten lakh rupees (10,00,000/-) or such other value as may be specified;

Every company shall notify; within two trading days of receipt of the disclosure or from becoming aware of such information


9. SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018

Sl. No.

Reg ulation No.

Compliance Particular

Compliance Period

(Due Date)

1

Schedule XIX - Para (2) of ICDR

Read with Reg 108 of SEBI LODR

“The issuer shall make an application for listing from the date of allotment, within such period as may be specified by the Board from time to time, to one or more recognized stock exchange(s)”.

In regard to above, it is specified that Issuer shall make an application to the exchange/s for listing in case of further issue of equity shares from the date of allotment within 20 days (unless otherwise specified).

Within 20 days from the date of allotment

2

Regulation 162

The tenure of the convertible securities of the issuer shall not exceed eighteen months from the date of their allotment.

Within 18 months from date of allotment

3

SEBI CIRCULAR

Aug 19, 2019

https://www.sebi.gov.in/legal/circulars/aug-2019/non-compliance-with-certain-provisions-of-sebi-issue-of-capital-and-disclosure-requirements-regulations-2018-icdr-regulations-_43941.html

Application for trading approval to the stock exchange Listed entities shall make an application for trading approval to the stock exchange/s within 7 working days from the date of grant of listing approval by the stock exchange/s.

Within 7 working days from grant of date of listing approval

4

Regulation 76 Application for rights issue

The issuer along with lead managers and other parties related to the issue shall constitute an optional mechanism (non-cash mode only) to accept the applications of the shareholders to apply to rights issue subject to ensuring that no third-party payments shall be allowed in respect of any application.

5.

Regulation 77

Service of Documents

In case if the company fails to adhere to modes of dispatch through registered post or speed post or courier services due to Covid-19 conditions it will not be treated as non-compliance during the said period. The issuers shall publish required & necessary documents on the websites of the company, registrar, stock exchanges and the lead managers to the rights issue.

6

Regulation 84:

Advertisement

Issuer has the flexibility to publish the advertisement in additional newspapers above those required in Regulation 84. The advertisement should also be made available on:  

A. Website of the Issuer, Registrar, Lead Managers, and Stock Exchanges.

B. Television channels, radio, the internet, etc. to spread information related to the process.


10. SEBI (Buyback of Securities) Regulations, 2018 (Buyback Regulations)

Sl.No.

Regulation No.

Compliance Particular

Compliance Period (Due Date)

1

Regulation 11 and 24(iv)

Extinguishment of equity shares in connection with Buyback The particulars of the security certificates extinguished and destroyed shall be furnished by the company to the stock exchanges where the shares or other specified securities of the company are listed within seven days of extinguishment and destruction of the certificates

7 days of extinguishment and destruction of the certificates

2

Regulation 24(i) (f)

Minimum time between buy back and raising of funds

Temporary relaxation in the period of restriction

provided in Regulation 24(i)(f) from “on


11. SEBI (Depositories and Participants) Regulations 2018)

Sl. No.

Compliance Particulars

Due Date

 

1.

Regulation 76  (Quarter, January – March 2021) Reconciliation of Shares and Capital Audit

Within 30 days from end of quarter. i.e., 30.10.2021

 

 

2.

Regulation 74 (5): Processing of demat requests form by Issuer/RTAs - Certificate Received from Registrar

Within 15 days from the end of each quarter


SEBI Circulars Tracker: 01.09.2021 to 30.09.2021

Sl.

Particulars

Link

1

Circular on Modalities for implementation of the framework for Accredited Investors

Click Here

2

Processing status - Scheme of Arrangement.

Click Here

3

Takeovers -      HG Industries Limited

Click Here

4

Buybacks - Nava Bharat Ventures Limited - Post Buyback Public Announcement

Click Here

5

Disclosure of risk-o-meter of scheme, benchmark and portfolio details to the investors

Click Here

6.

Revised guidelines for Liquidity Enhancement Scheme in the Equity Cash and Equity Derivatives Segments

Click Here

7.

Alignment of interest of Asset Management Companies (‘AMCs’) with the Unitholders of the Mutual Fund Schemes

Click Here

8.

Amendment to SEBI Circular SEBI/HO/DMS/CIR/P/2017/15 dated February 23, 2017 on Amendment pursuant to comprehensive review of Investor Grievance Redressal Mechanism

Click Here

9.

Linking of PAN with Aadhaar

Click Here

10.

Confirmatory Order in the matter of CNBC Awaaz Stock 20-20 Show co-hosted by Mr. Hemant Ghai

Click Here

11.

"SEBI Order for Compliance" – Release Order under RC No. 620 of 2015 for release of attachment of bank and demat accounts of Sicorp Finlease Ltd.

Click Here

12.

Order in the matter of Cranes Software International Ltd.

Click Here

13.

Invesco Elwood Global Blockchain Fund of Fund

Click Here

14.

Takeovers - AKM Lace and Embrotex Limited

Click Here

15.

Position Limits for Currency Derivatives Contracts

Click Here

16.

Remittance Advice- Anchal Goel in the matter of Jolly Plastic Industries Limited.

Click Here

17

Introduction of T+1 rolling settlement on an optional basis

Click Here

18

Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Fifth Amendment) Regulations, 2021

Click Here

19

Notification under Securities and Exchange Board of India (Certification of Associated Persons in the Securities Markets) Regulations, 2007- NISM-Series-XXI-A: Portfolio Management Services (PMS) Distributors Certification Examination

Click Here

20

Notification under Securities and Exchange Board of India (Certification of Associated Persons in the Securities Markets) Regulations, 2007- NISM-Series-XXI-B: Portfolio Managers Certification Examination

Click Here

21

SEBI Bulletin - July 2021 [MSWord]   [MSExcel]

Click Here

22

SBI CPSE Bond Plus SDL MMM 2026 50:50 Index Fund

Click Here

23

Remittance Advice-Zarf Infra Development Pvt. Ltd. in the matter of Ashutosh Paper Mills Limited.

Click Here

24

Clarifications with respect to Circular dated April 28, 2021 on ‘Alignment of interest of Key Employees (‘Designated Employees’) of Asset Management Companies (AMCs) with the Unitholders of the Mutual Fund Schemes’

Click Here

25

Debt Offer Document - Indel Money Limited - Prospectus

Click Here

26

Right Issues - RPP Infra Projects Ltd

Click Here

27

Informal Guidance Letter to Emmessar Biotech and Nutrition Limited regarding Reg. 31A of SEBI (LODR) Regulations, 2015

Click Here

28

SEBI Bulletin - August 2021 [MSWord]   [MSExcel

Click Here

29

SEBI Development Research Group Study Series III- Invitation for Proposals

Click Here

30

Relaxations relating to procedural matters –Issues and Listing

Click Here


12. IBBI Updates {Insolvency and Bankruptcy Board of India}

Next phase of IBC implementation should be personal insolvency: Sahoo

The outgoing IBBI chief said the next phase of the implementation of the IBC should include “individual insolvency with provisions for a fresh start and an informal approach to insolvency resolution, moving away slightly from court proceedings.”

Sahoo, who demitted office on October 30, has headed the IBBI since its inception and was the first Chairperson of the regulator which has played a key role in setting up the rules and regulations for insolvency proceedings under the Insolvency and Bankruptcy Code (IBC) and regulating insolvency professionals and information utilities. The outgoing IBBI chief said the next phase of the implementation of the IBC should include “individual insolvency with provisions for a fresh start and an informal approach to insolvency resolution, moving away slightly from court proceedings.”

The IBC does have provisions for a “fresh start” scheme for individuals with debts of up to Rs 35,000, gross annual income under Rs 60,000, total assets of under Rs 20,000 and do not own a home. The process would allow such persons who are unable to pay off their debts to be discharged of their liabilities.

Important Notifications and Circulars Tracker (September, 2021)

Sl.

 

Notification(s)

Link(s)

1.

In the matter of Ebix Singapore Private Limited Vs. Committee of Creditors of Educomp Solutions Limited & Anr. Civil Appeal No. 3224 of 2020 with other appeals

Click Here

2.

Summary - Judgment dated 13th September, 2021 of the Hon’ble Supreme Court of India in the matter of Ebix Singapore Private Limited Vs. Committee of Creditors of Educomp Solutions Limited & Anr. [Civil Appeal No. 3224 of 2020 and other appeals]

Click Here

3

In the matter of GCCL lnfrastructure & Projects Ltd. CP(IB)/116(AHM)2021

Click Here

4

Insolvency and Bankruptcy Board of India signs Memorandum of Understanding (MoU) with Indira Gandhi National Open University for utilising tele lecturing facility of Gyan Darshan channel.

Click Here

5

In the matter of Ms. Charu Sandeep Desai, Insolvency Professional

Click Here

6

In the matter of Sundaresh Bhat Liquidator of ABG Shipyard Limited, Company Appeal (AT) (Ins) No. 398 of 2021

Click Here

7

In the matter of Jayesh N. Sanghrajka, Erstwhile R.P. of Ariisto Developers Pvt. Ltd. Vs. The Monitoring Agency nominated by the Committee of Creditors of Ariisto Developers Pvt. Ltd. Company Appeal (AT) (Ins) No. 392 of 2021

Click Here

8

The Insolvency and Bankruptcy Board of India announces results of the 2nd National Online Quiz on the Insolvency and Bankruptcy Code, 2016.

Click Here

9

IBBI (Liquidation Process) (Second Amendment) Regulations, 2021

Click Here

10

My Stamp on "Insolvency and Bankruptcy Code, 2016" released by Department of Posts

Click Here

11

Annual Publication 2021: "Quinquennial of Insolvency and Bankruptcy Code, 2016"

Click Here

12

e-Book: Insolvency and Bankruptcy Code, 2016 - 5 years of facilitating ease of exit

Click Here

13

Corporate Insolvency Resolution Processes Yielding Resolution Plans as on 30th June, 2021

Click Here

14

Corporate Insolvency Resolution Processes Ending With Order of Liquidation as on 30th June, 2021

Click Here

-------------------------------------------------------------------------------------------------------------

This article is updated till 30th September, 2021 with all Laws / Regulations and their respective amendments.                                    

----------------------------------------------THE END----------------------------------------------------

Disclaimer: Every effort has been made to avoid errors or omissions in this material. In spite of this, errors may creep in. Any mistake, error or discrepancy noted may be brought to our notice which shall be taken care of in the next edition. In no event the author shall be liable for any direct, indirect, special or incidental damage resulting from or arising out of or in connection with the use of this information. Many sources have been considered including newspapers (ET, BS & HT etc.).

Feel free to share your suggestions / opinions at cslalitrajput@gmail.com or connect me on +91 8802581290.

Lex comply

Click here to read the disclaimer


Write a Comment