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Legal Updates
The Securities Exchange Board of India vide circular no. SEBI/HO/CFD/CMD1/CIR/P/2020/140 dated July 29, 2020 has provided extension of time for submission of financial results for the quarter/half year/ financial year ended 30th June 2020.
The Securities Exchange Board of India vide circular no. SEBI/HO/MIRSD/DOP/CIR/P/2020/141 dated July 29, 2020 has provided Relaxation in timelines for compliance with regulatory requirements.
The Securities Exchange Board of India vide circular no. SEBI/HO/MIRSD/DOP/CIR/P/2020/142 dated July 29, 2020 has provided Relaxation in timelines for compliance with regulatory requirements.
The Reserve Bank of India vide notification no. RBI/2020-21/15 DOR (NBFC).CC.PD.No.116/22.10.106/2020-21 dated July 24, 2020 has decided on Implementation of Indian Accounting Standards
The Securities Exchange Board of India vide circular no. SEBI/HO/ISD/ISD/CIR/P/2020/135 dated July 23, 2020 issued guidelines for Reporting to Stock Exchanges regarding violations under Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 relating to the Code of Conduct (CoC)
The Securities Exchange Board of India vide press release no. 40/2020 dated July 22, 2020 has provided Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da’esh) & Al-Qaida Sanctions List -Addition of one individual
The Securities Exchange Board of India vide circular no. SEBI/HO/DDHS/CIR/P/2020/120 dated July 13, 2020 issued guidelines for Issue and Listing of Structured Products/ Market Linked Debentures- Amendments
The Securities Exchange Board of India vide circular no. SEBI/HO/DDHS/CIR/P/2020/121 dated July 15, 2020 has provided relaxation from compliance with provisions of the SEBI (Issue and Listing of Debt Securities) Regulations, 2008(“ILDS Regulation”), SEBI (Non-Convertible Redeemable Preference Shares) Regulations, 2013 (“NCRPS Regulations”) and SEBI Circulars relating to Listing of Commercial Papers
The Reserve Bank of India vide circular RBI/2020-21/12 DOR (NBFC).CC.PD.No.115/03.10.001/2020-21 dated July 10, 2020 has provided exemption from Registration as NBFC – Alternative Investment Fund (AIF)
The Reserve Bank of India vide circular no. RBI/2020-21/13 DOR.NBFC(ARC) CC. No. 9/26.03.001/2020-21117 dated July 16, 2020 has issued Fair Practices Code for Asset Reconstruction Companies
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