MCA revises the timeline for companies to change its name as per the order of central government
The amendment mandates that the Companies shall change its name within a period of 3 months (as against 6 months), upon the receipt of direction from the Central Government.
SEBI amends the guidelines for grievance redressal by Real Estate Investment Trusts
All complaints including SCORES complaints received by the REIT shall now on be disclosed in the format mentioned in Annexure – A on the website of the REIT.
SEBI amends the guidelines for the Grievance Redressal by Investment Trusts
All complaints including SCORES complaints received by the InvIT shall now on be disclosed in the format mentioned in Annexure – A on the website of the InvIT.
DGFT allows online submission of accounts of consumption and utilization of duty free imported/ domestically procured goods
The amendment allows the online submission of records of proper accounts of consumption and utilization of duty free imported/ domestically procured goods against each authorization, and proper accounts of import and its utilization.
Life Insurance Corporation General Regulations, 2021
The Corporation may issue securities either in physical form or in dematerialized form in accordance with the provisions of the Depositories Act and the Depositories and Participants Regulations.
MCA notifies new rule for allotment of new name for an existing company.
A company whose name has been changed, shall at once make necessary compliance with the provisions of section 12( Application for incorporation) of the Act and the statement, “Order of Regional Director Not Complied” shall be mentioned in brackets below the name of company, wherever its name is printed, affixed or engraved, Provided that no such statement shall be required to be mentioned in case the company subsequently changes its name in accordance with the provisions of section 13 of the Act.”
The Debts Recovery Tribunals and Debts Recovery Appellate Tribunals Electronic Filing (Amendment) Rules, 2021.
The rule shall apply to e filing, display of interim or final orders or directions passed by the Tribunals on the common website in the e-DRT system and to the electronic issuance and e-service of intimations
Insolvency and Bankruptcy Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Third Amendment) Regulations, 2021.
A company shall submit to the Board its bye-laws along with the application for its registration as an insolvency professional agency and shall publish its bye-laws, the composition of all committees formed, and all policies created under the bye-laws on its website.
The Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Second Amendment) Regulations, 2021.
The Amendment modifies the qualification and experience of the insolvency professional.
Union Cabinet approves Production-linked Incentive (PLI) Scheme for Specialty Steel.
The duration of the scheme will be for five years, from 2023-24 to 2027-28.
