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Legal Updates
The Securities Exchange Board of India vide circular no. SEBI/HO/CFD/CMD1/CIR/P/2020/110 dated July 26, 2020 has provided relaxations of time gap between two board/ Audit Committee meetings of listed entities owing to the CoVID-19 pandemic
The Reserve Bank of India vide circular RBI/2020-21/01 DoR (NBFC) (PD) CC.No.113/03.10.001/2020-21 dated July 01, 2020 has issued Special liquidity scheme for NBFCs/HFCs
The Reserve Bank of India vide circular no. RBI/2020-2021/10 FIDD.MSME & NFS.BC.No.3/06.02.31/2020-21 dated July 02, 2020 issued details regarding Credit flow to Micro, Small and Medium Enterprises Sector
The Securities Exchange Board of India vide circular no. SEBI/HO/DDHS/DDHS/CIR/P/2020/102 dated June 22, 2020 has provided relaxation for conducting meeting of unitholders of InvITs and REITs through Video Conferencing (VC) or through other audio-visual means (OAVM).
The Securities Exchange Board of India vide circular no. SEBI/HO/FPI&C/CIR/P/2020/104 dated June 23, 2020 has provided Temporary relaxation in processing of documents pertaining to FPIs due to COVID-19.
The Securities Exchange Board of India vide circular no. SEBI/HO/CFD/CMD1/CIR/P/2020/106 dated June 24, 2020 has provided further extension of time for submission of financial results for the quarter/half year/financial year ending 31stMarch 2020 due to the continuing impact of the CoVID-19 pandemic.
The Securities Exchange Board of India vide circular SEBI/HO/CFD/CMD1/CIR/P/2020/109 dated June 25, 2020 has provided further extension of time for submission of Annual Secretarial Compliance Report by listed entities due to the continuing impact of the CoVID-19 pandemic.
The Securities Exchange Board of India vide press release no. 36/2020 dated June 25 has provided relaxations due to COVID-19.
Reserve Bank of India vide notification no. RBI/2019-20/258 DOR (NBFC) (PD) CC. No.112/03.10.001/2019-20 dated June 24, 2020 has issued guidelines Loans Sourced by Banks and NBFCs over Digital Lending Platforms: Adherence to Fair Practices Code and Outsourcing.
The Reserve Bank of India vide press release dated June 17, 2020 has proposed changes in regulations applicable to Housing Finance Companies (HFCs)
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