-
Submission of Form PAS-6: Share Capital Audit Reconciliation for Public and Private Entities
Filing Obligations for Form PAS-6: Share Capital Reconciliation Audit of Public and Private Entitiesi. Mandatory Requirements and Timeline for Submission for Half-Year PeriodsAll unlisted public entit...
-
Latest Developments in Securities Law
1. Regulatory Upgrades by ASIC for Financial Services1.1 Introduction of a New Digital Portal by ASIC for AFS Licence ApplicantsOn 5th May 2025, the Australian Securities and Investments Commission (A...
-
DPT-3 Compliance Overview: Structure, Application, Deadline, and Objective
1. Objectives of Filing DPT-3:(a) Reporting Financial Obligations: To record all outstanding loans or funds as of March 31, whether categorized as deposits or not, which encompasses:Loans between corp...
-
Issuance Procedures and Legal Framework for Debentures under the Companies Act, 2013
1. Overview of Debenture Issuance Issuing debentures is a strategic method for companies to collect debt capital while avoiding the dilution of equity. This process is primarily governed by Section 71...
-
Section 16 of the Companies Act, 2013: Rectifying Corporate Names
1. OverviewThe Companies Act, 2013 in its Section 16, addresses the rectification of a company's name. This provision offers a structured legal route compelling companies to modify their names under s...
-
Simplification of Fast Track Mergers in India: A New Era in Corporate Restructuring
1. IntroductionThe Ministry of Corporate Affairs (MCA) in India has introduced a series of significant amendments that aim to expedite mergers and amalgamations for numerous companies. These proposed...
-
NCLAT’s Position on Interest Claims under MSMED Act in CIRP Proceedings
1.1 Overview of the DisputeThe National Company Law Appellate Tribunal (NCLAT) in the case of SNJ Synthetics Limited v. PepsiCo India Holdings Private Limited addressed the maintainability of a sectio...
-
Confidential IPO Filings in India: Emergence, Development, and Current Application
IntroductionAs numerous Indian enterprises gear up for an Initial Public Offering (IPO), opting for the confidential pre-filing method has spurred intrigue around this strategy. The foremost query rem...
-
Regulations Governing Private Placement in Indian Companies Under Companies Act, 2013
1. Core Rules of Private Placementi. Governing Provisions: Private Placement is governed by Section 42 of the Companies Act, 2013 alongside Rule 14 of the Companies (Prospectus and Allotment of Securi...
-
Guidelines for Company Name Reservation under the Companies Act, 2013
Initial Steps in Company IncorporationWhen establishing a company, the initial step involves securing approval and reservation for the company's chosen name. This process, governed by Section 4(4) of...
-
Impact of SEBI’s Updated Listing Regulations on High-Value Debt Listed Entities (HVDLEs)
IntroductionThe Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") establish the compliance and reporting duties for ent...
-
Corporate Misconduct and Shareholder Empowerment: Evaluating Class Actions under Section 245 of the Companies Act, 2013
Introduction to Class Actions in India:Class action suits serve as a powerful global legal tool, allowing groups of individuals sharing common grievances to collectively litigate against corporations....
-
A Comprehensive Guide to Form MSME-1
The Micro, Small, and Medium Enterprises (MSME) sector significantly contributes to India's economic growth by providing employment, supporting both rural and urban economies, and boosting GDP. Despit...
-
Overview of Recent Developments in Securities Law
Securities Law UpdatesRelease of New Market Data and Analytics by SECOn April 28, 2025, the Division of Economic and Risk Analysis (DERA) within the Securities and Exchange Commission released new ins...
-
Guide to NSDL Issuer Portal Registration for Corporate Actions
Initial Registration StepsIssuer's Details(a) Identify as an Issuer in the User Type section.(b) Indicate YES or NO regarding existing dematerialized securities with NSDL.(c) Indicate YES or NO about...
-
Dissolution of Companies for Non-Submission of Form 20A
Reasons for Dissolution Due to Non-Submission of Form 20AAccording to the Companies Act, 2013 and the Companies (Amendment) Ordinance 2018, any company incorporated on or after November 2, 2018, must...
-
Understanding the Impact of OPC Annual Returns
A One Person Company (OPC) as established under the Companies Act, 2013, offers a unique business structure that allows an individual to operate a business with limited liability. Upon establishing an...
-
SEBI Levies Rs. 2 Lakh Fine on Compliance Officer for Failing to Oversee Trades of Specified Individuals under PIT Guidelines
Background of the IncidentThe Securities and Exchange Board of India (SEBI), the financial market regulator, has imposed a penalty of Rs. 2 lakh on the compliance officer of M/s Kwality Limited. The p...
-
Dematerialization Guidelines for Section 8 Organizations under the Companies Act, 2013
1. Scope of Dematerialization for Section 8 Entities According to Companies (Prospectus and Allotment of Securities) Rules, 2014i. Recent Developments: On October 27, 2023, the Ministry of Corporate A...
-
Repurchase of Shares: A Comprehensive Overview
The Rise of Share Buybacks in IndiaBuybacks have been gaining momentum within India's financial markets over the last decade. Prominent enterprises, including technology leader Infosys or manufacturin...