P. (DIR Series) Circular No. 77 [(2)/10(R)] – Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) Regulations, 2015 As a part of Government’s initiative for startups, it has been decided that Indian startups having overseas subsidiaries may open foreign currency account with a bank outside India for the purpose of crediting …
CIRCULAR- SEBI/HO/MRD/DP/CIR/P/2016/58 June 07- 2016 Subject: Investor Protection Fund (IPF) of Depositories The Depository System Review Committee (DSRC) had examined various aspects of the depository IPF including utilization and investment policy of IPF and quantum of funds to be transferred to IPF. The Expert Committee on Clearing Corporations also deliberated the issue with regard to …
Notifications O. 1936(E) – Transfer of matters or proceedings or cases pending before the Company Law Board to National Company Law Tribunal 01-06-2016 —In exercise of the powers conferred by section 434 (1) (a) of the Companies Act, 2013 (18 of 2013), the Central Government hereby appoints the 01st day of June, 2016, on which …
Companies (Registration Offices and Fees) Amendment Rules, 2016 (Notification date 6th May, 2016) In the Companies (Registration Offices and Fees) Rules, 2014, (i) Form No. GNL-1 and Form No. GNL-4 have been substituted; Designation of Special Courts for the purposes of trial of offences punishable under the Companies Act, 2013 (Notification date 18th May, 2016) In …
A.P. (DIR Series) Circular No. 67/2015-16 [(1)/5(R)] dated May 05, 2016-05-31 Foreign Exchange Management (Deposit) Regulations, 2016 repealing and superseding the FEMA (Deposit) Regulations, 2000 hereinafter referred to as Deposit Regulations. These regulations seek to regulate deposits between a person resident in India and a person resident outside India Some of the key definitions headings …
Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Third Amendment) Regulations, 2016 Notification date 25th May, 2016 vide No. SEBI/LAD-NRO/GN/2016-17/003 Applicability of Regulations: These Regulations are applicable to issuers filing offer documents with the Registrar of Companies on or after the date of commencement of these regulations. In the SEBI (Issue …
Companies (Filing of Documents and Forms in Extensible Business Reporting Language) Amendment Rules, 2016(Notified vide notification dated 4th April, 2016) In the Companies (Filing of Documents and Forms in Extensible Business Reporting Language) Rules, 2015, in rule 3, for the proviso, the following proviso shall be substituted, namely:- “Provided that the Companies in banking, insurance, …
Electronic book mechanism for issuance of debt securities on private placement basis (Notified vide Circular No.CIR/IMD/DF1/48/2016 dated 21st April, 2016) In order to streamline procedures for issuance of debt securities on private placement basis and enhance transparency to discover prices, it has been decided by SEBI to lay down a framework for issuance of …
Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Third Amendment) Regulations, 2016 Vide notification no. FEMA.363/2016-RB dated April 28, 2016, RBI has made the following amendments in the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000 (Notification No.FEMA 20/2000-RB dated 3rd …
I. External Commercial Borrowings (ECB) – Revised framework (Notified via RBI//2015-16/349, A.P. (DIR Series) Circular No.56 dated 30th March, 2016) [Changes made in: A.P. (DIR Series) Circular No.32 dated November 30, 2015 and paragraph no. 1.8, 2.2, 2.4.1, 2.4.2, 2.4.5, 2.4.6, 2.5, 2.16 and 2.16.xiii of Master Direction No.5 dated January 1, 2016 ] Taking into account …
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