The Ministry of Corporate Affairs vide Circular No. 38/2020 dated December 01, 2020 has provided for further relaxation of additional fees and extension of last date of filing CR-4 for FY 2019-2020 under Companies Act, 2013.

The Securities Exchange Board of India vide circular SEBI/HO/MIRSID/RTAMB/CIR/P/2020/236 dated December 2, 2020 has issued operational guidelines for transfer and dematerialization of re-lodged physical shares.

The Reserve Bank of India vide notification/ RBI/2020-21/72 DPSS.CO.AD.No.724/02.27.005/2020-21 dated December 4, 2020 has decided to Grant perpetual validity for certificate of Authorization (CoA) issued to Payment System Operators(PSOs) under Payment and Settlement Systems Act,2007 (PSS Act) .

The Securities and Exchange Board of India (“SEBI”) vide Circular No.: SEBI/HO/MIRSD/DOP/CIR/P/2020/235 dated December 01, 2020 has decided to issue relaxations in the timelines provided for compliance with regulatory requirements.

The Securities Exchange Board of India vide circular no SEBI/HO/DDHS/CIR/P/2020/233 dated November 23, 2020 has Introduction of Unified Payments Interface (UPI) mechanism and Application through Online interface and Streamlining the process of Public issues of securities.

The Reserve Bank of India vide circular RBI/2020-21/69 A.P. (DIR Series) Circular No. 07 dated November 23, 2020 has issued advisory on establishment of Branch Office (BO) / Liaison Office (LO) / Project Office (PO) or any other place of business in India by foreign law firms.

The Securities Exchange Board of India vide circular no SEBI/HO/DDHS/DDHS/CIR/P/2020/231 dated November 13, 2020 has issued guidelines for Non-compliance with provisions related to continuous disclosures

The Securities Exchange Board of India vide circular no SEBI/HO/DDHS/DDHS/CIR/P/2020/232 dated November 17, 2020 has provided Amendments to guidelines for preferential issue and institutional placement of units by a listed InvIT

The Reserve Bank of India vide notification RBI/2020-21/66 A.P. (DIR Series) Circular No. 05 dated November 13, 2020 has discontinued Returns/Reports under Foreign Exchange Management Act, 1999

The Reserve Bank of India vide notification RBI/2020-21/67 A.P. (DIR Series) Circular No. 06 dated November 17, 2020 has delegated compounding powers to the Regional Offices/ Sub Offices of the Reserve Bank under FEMA, 1999