Clarification on 24A Annual Secretarial Audit Report
In response to queries on “Format for Annual Secretarial Audit Report and Annual Secretarial Compliance Report for listed entities and their material subsidiaries” notified by SEBI, the Bombay Stock Exchange (‘BSE”) clarified that: “Companies who have claimed exemption under Regulation 15(2) of SEBI (LODR) Regulations, 2015 and submitted Non-Applicability Certificate for Corporate Governance Report are […]
NCD listed entity disclosure – SEBI LODR Amendment
SEBI has notified amendment to Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, vide the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2019 published on 7th of May, 2019. The said amendments were brought about for: Entities having their NCDs listed, shall submit […]
GAAR and GST related compliance in Tax Audit Report Form 3CD deferred by CBDT till 31.03.2020
GAAR and GST related compliance in Tax Audit Report Form 3CD has been deferred by The Central Board of Direct Taxes till 31.03.2020 through Circular No. 9/2019. Previously, in 2018, a similar extension was given for inclusion of compliance with GAAR and GST in Revised Form 3CD till 31.03.2019 through Circular No. 6/2018. Form 3CD […]
Additional Fee waived for Form ADT-1 filed in GLN-2
MCA has issued a circular on 13th May, 2019 providing clarification with regard to payment of fee for filing form ADT-I, filed through GNL-2. Fees for filing Form ADT-1 by the companies which have filed Form GNL-2 during the period from 1st April, 2014 to 20th October, 2014 has been waived till 15th June, 2019. Form ADT-1 is required to […]
Bio-Medical Waste Management (Second Amendment) Rules, 2019
The Bio-Medical Waste Management Rules are further amended to clarify the doubts related to phasing out of ‘Chlorinated bags’ arising from the as per Bio-Medical Waste Management (Amendment) Rules, 2018. The Rules as it stands today warrants Bio-medical waste generators including hospitals, nursing homes, clinics, dispensaries, veterinary institutions, animal houses, pathological laboratories, blood banks, health […]
New Procedure for issuing Form 16 through TRACES
The Central Board of Direct Taxes of the Directorate of Income-tax (Systems), New Delhi released a notification on 06 May, 2019 prescribing Procedure and format for issuance of certificate of the taxes deducted at source [‘TDS Certificate‘] in the Part B of Form No. 16 through TRACES. The Form 16 is required to be issued […]
Extension for filing FORM GSTR-1 and FORM GSTR-3B in Odisha
The Central Board of Indirect Taxes and Customs issued two notifications on 11th May, 2019, G.S.R. 358(E) (No. 23/2019 ) and G.S.R. 359(E) (No. 24/2019) extending the date of filing FORM GSTR-1 and FORM GSTR-3B in Odisha. The extension has been given in 14 districts of Odisha affected by cyclone Fani. GSTR-1 FORM GSTR-1 is […]
NCLT Rules on oppression and mismanagement suits amended
The National Company Law Tribunal Rules, 2016 has been amended by the National Company Law Tribunal (Second Amendment) Rules, 2019. Under the new framework, the minimum number of members required to file an application before the NCLT, alleging oppression or mismanagement of the affairs of a company under Section 245(1), has been amended to either: […]
New Gujarat Shops & Establishments Act, 2019
The Gujarat Shops & Establishments (Regulation of Employment and Conditions of Service) Act, 2019 (“2019 Act”) was published in the gazette of the State of Gujarat on Mar 7, 2019 and has been in force from May 1, 2019. The revamped Gujarat Shops & Establishments (Regulation of Employment and Conditions of Service) Act, 2019 has […]
STK Forms for Removal of Names of Companies – amendments
The Ministry of Corporate Affairs (MCA) has issued the Companies (Removal of Names of Companies from the Register of Companies) Amendment Rules, 2019. Following changes have been brought by the amendment: STK-2 Fee Increased: Form STK-2 is required for the winding up of a company and to voluntarily remove its name from the Register of Companies. […]
