The Reserve Bank of India vide circular no. RBI/2019-20/245 DOR.No.BP.BC.72/21.04.048/2019-20dated May 23, 2020 has provided extension of Resolution Timelines under the Prudential Framework on Resolution of Stressed Assets

The Reserve Bank of India vide circular no. RBI/2019-20/239 A.P.(DIR Series) Circular No.32 dated May 22, 2020 has provided relaxations in Voluntary Retention Route’ (VRR) for Foreign Portfolio Investors (FPIs) investment in debt

The Reserve Bank of India vide circular no. RBI/2019-20/244 DOR.No.BP.BC.71/21.04.048/2019-20 dated May 23, 2020 has provided Regulatory Package

The Ministry of Corporate Affairs vide notification has provided period/days of extension for Names Reserved and resubmission of Forms

The Reserve Bank of India vide notification no. RBI/2019-20/235 DOR.NBFC (HFC).CC.No.111/03.10.136/2019-20 dated May 19, 2020 has Extending Master Direction – Know Your Customer (KYC) Direction, 2016 to Housing Finance Companies

The Securities Exchange Board of India vide circular no. SEBI/HO/IMD/DF3/CIR/P/2020/086 dated May 20, 2020 has provided guidelines Listing of Mutual Fund schemes that are in the process of winding up

The Securities Exchange Board of India vide circular no. SEBI/HO/CFD/CMD1/CIR/P/2020/84 dated May 20, 2020 has issued advisory on disclosure of material impact of COVID–19 pandemic on listed entities under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘LODR Regulations’/ ‘LODR’)

The Central Board of Direct Taxes vide Press Release dated May 13, 2020 has provided Reduction in rate of Tax Deduction at Source (TDS) & Tax Collection at Source (TCS)

The Securities Exchange Board of India vide circular no. SEBI/HO/MIRSD/DOP/CIR/P/2020/82 dated May 15, 2020 has provided relaxation in in timelines for compliance with regulatory requirements

The Securities Exchange Board of India vide circular no. SEBI/CIR/CFD/DCR1/CIR/P/2020/83 dated May 14, 2020 has provided relaxations relating to procedural matters – Takeovers and Buy-back